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Furniture & Wood Products News

York Timber swings to record Ebitda in FY21

By: Marleny Arnoldi 28th September 2021 JSE-listed integrated forestry company York Timber Holdings has managed to swing from a loss a share of 69c in the 2020 financial year to earnings a share of 44c in the financial year ended June 30. The company’s earnings before interest, taxes, depreciation and amortisation improved by... →

Timber’s viability overlooked by developers

11th June 2021 It is estimated that two-billion metres squared of new building stock will be required every year between 2019 and 2025 to keep up with urban development and population growth. →

WOOD REDUCES CARBON OMMISIONS Carbon dioxide is removed from our atmosphere by wood plantations during their rotations of seven to 20 years.

First-quarter GDP up 4.6%

By: Donna Slater 8th June 2021 South Africa’s gross domestic product (GDP) increased at a yearly rate of 4.6% during the first quarter of 2021, reports Statistics South Africa (Stats SA). The mining and quarrying sectors combined grew by 18.1%, contributing 1.2 percentage points to the overall GDP figure, while the... →

Industry struggling with materials shortages, price increases

By: Cameron Mackay 4th June 2021 A shortage of raw materials, coupled with substantial raw-material price increases, has placed the local coatings industry under pressure, states South African Paint Manufacturing Association (Sapma) executive director Tara Benn. “A complex mix of demand and global chemical plant production... →

PAINTING A PICTURE The long-term outlook for the industry currently is that current demand for decorative paint will last for another few years, before it eventually levels out

Patel says vision for R200bn in additional localisation has top-level corporate backing

By: Terence Creamer 18th May 2021 Trade, Industry and Competition Minister Ebrahim Patel announced that an “accord” had been reached at the National Economic Development and Labour Council (Nedlac) to drive progressive localisation of up to R200-billion of additional production over a five-year period. Delivering his virtual... →

Trade, Industry and Competition Minister Ebrahim Patel

PG Bison to add new MFB press, hot coating line at its Boksburg operation

By: Schalk Burger 7th May 2021 Wood-based panel products manufacturer PG Bison has received approval from parent company KAP Industrial Holdings for the purchase of a new melamine-faced board (MFB) press and an additional hot coating line. The MFB press and hot coating line will be located at its Boksburg site, in Gauteng, and... →

Decimated furniture sector to get Proudly SA local portal

By: Schalk Burger 26th April 2021 Local sourcing organisation Proudly South African, in collaboration with the the Department of Trade, Industry and Competition, will launch a dedicated furniture portal to make the sourcing of locally made furniture easier. The furniture sector in South Africa was an employer of 50 000 people in... →

DTIC furniture design competition aims to stimulate design capabilities

By: Schalk Burger 9th March 2021 The five finalists in the Department of Trade, Industry and Competition's (DTIC's) national Furniture Design Competition designed affordable, modular, multipurpose and functional furniture, Deputy Minister Nomalungelo Gina says. She points out that the competition is aimed at nurturing design... →

HomeChoice reports solid interim performance

By: Tasneem Bulbulia 31st August 2020 Home-shopping retailer HomeChoice says its results for the six months ended June 30 are a reflection of the impact of the Covid-19 lockdowns, as well as pleasing outcomes from its decisive response to the pandemic. It notes that it consciously cut back loan disbursements by R400-million to... →

Timber suitable to help address Covid-19 housing requirement

By: Donna Slater 19th May 2020 In response to government investigating alternative housing solutions for densely populated informal settlements during the Covid-19 pandemic, Sawmilling South Africa (SSA) and the Institute for Timber Construction South Africa (ITC-SA) have approached government with a proposal that timber be... →

Sappi, Fiat in project to help reduce the carbon footprint of cars

By: Irma Venter 14th April 2020 Sappi’s Symbio bio-composite cellulose fibre, derived from responsibly managed, renewable forests, has been chosen as feedstock for the development of lightweight bio-composite materials for the Life Biobcompo project. This project aims to reduce vehicle carbon dioxide emissions by 8% through... →

Supplier offers complete solution to university

By: Cameron Mackay 13th March 2020 Local cleaning chemicals supplier Industroclean’s ability to provide holistic cleaning solutions enables it to offer the University of Cape Town (UCT) a one-stop-shop cleaning chemicals solution. Industroclean MD Emma Corder confirms that the company began supplying its solutions to UCT... →

CLEANING VARIATION While above the floor cleaning tasks remain similar, variations in floor types require different products and methodologies for maintenance or restoration

DTIC drafting Furniture Industry Master Plan

By: Marleny Arnoldi 7th February 2020 The Department of Trade, Industry and Competition (DTIC) and the South African Furniture Initiative have embarked on a process to draft a Furniture Industry Master Plan. The entities earlier this week hosted the last of a few consultative workshops, in Port Elizabeth, to gather input from... →

ITC-SA puts dormancy on the backburner as it pursues new operating model

By: Tasneem Bulbulia 25th October 2019 The Institute for Timber Construction South Africa (ITC-SA) has reversed its resolution of dormancy following overwhelming feedback from various quarters of the structural timber industry, the full spectrum of its membership and government departments, on the critical role that the institute has... →

KAP lifts full-year revenue, but profit tracks lower

By: Schalk Burger 20th August 2019 Diversified industrial company KAP Industrial Holdings has grown its revenue for the financial year ended June 30 by 12% year-on-year to R25.6-billion, but operating profit decreased by 13% to R2.5-billion. In a SENS announcement that contained extracted financial information from the audited... →

Competition Commission prohibits merger between forestry companies

By: Marleny Arnoldi 13th June 2019 The Competition Commission has prohibited a proposed transaction whereby Africa Forestry Fund II (AFF) intended to acquire Vuka Forestry Holdings and Glen Village Trading. The commission found that there were substantial short- and long-term anticompetitive effects that were likely to arise... →

Inaugural event to highlight local manufacturing capabilities

By: Halima Frost 17th May 2019 The first Local Southern African Manufacturing Expo (LME), which aims to highlight the capabilities of local manufacturers and, subsequently the ability to export, will be held from May 21 to 23, 2019 at the Expo Centre Nasrec, in Johannesburg. The expo will be hosted by the South African Capital... →

CENTRE OF ATTENTION The inaugural Local Southern African Manufacturing Expo is set to feature more than 130 exhibitors

KAP grows interim revenue

By: Schalk Burger 12th February 2019 JSE-listed KAP Industrial Holdings grew its revenue by 16% to R13.29-billion in the interim period to the end of December, up from R11.48-billion during the first half of 2018, the company reported on Tuesday. The diversified industrial firm, however, posted lower headline earnings of... →

Lightweight window cleaner developed for industry

By: Halima Frost 2nd November 2018 Cleaning equipment manufacturer and supplier Kärcher Industrial’s Window Vac Professional 10 (WVP 10 Adv) is now available to the South African market following the good reception received by participating contract cleaners, retailers and prospective clients in its test samples. Having made the... →

BETTER SQUEEGEE The handheld steam and vacuum window washer is available from Kärcher

Kimmo guarantees safe packaging for transportation

19th October 2018 When choosing a packaging option for goods that will be shipped to neighbouring countries, honeycomb fibreboard manufacturer Kimmo Packaging director Jan Vreken says it is essential to look for a packaging option that is International Standards for Phytosanitary Measures No. 15 (ISPM-15)... →

Opportunities abound for Italian entrepreneurs expanding into Africa

By: Shannon de Ryhove 12th October 2018 The Italian-South African Chamber of Trade and Industries says Italian companies are becoming increasingly positive about the opportunities offered by South Africa, which is being acknowledged as a hub from which to expand and invest into surrounding African countries, says Italian-South African... →

Company offers paper alternative to wooden and plastic pallets

17th August 2018 Transport packaging company Kimmo is driving the industry to switch to paper pallets as alternatives to the usual wooden and plastic pallets. The company manufactures paper pallets using honeycomb fibreboard in South Africa. According to the founder of Kimmo Jan Vreken, he discovered honeycomb... →

VISUAL RESEMBLANCE Honeycomb fibreboard technology takes its name from the visual resemblance to a bee’s honeycomb

Flooring company takes over linoleum activities

13th April 2018 Production and distribution of flooring, wallcovering and finishes global leader Gerflor entered into a binding agreement to acquire floor coverings manufacturer DLW Flooring’s linoleum activities. Consummation of the transaction is subject to customary regulatory approvals and was expected to... →

MARKET SPECTRUM Gerflor has a strong presence in multiple market applications

Changing of the guard on eve of golden anniversary

13th April 2018 Interior flooring supplier and installer KBAC Flooring will celebrate the fiftieth anniversary of operations next year with three new key executive appointments. Brandon Park has been appointed KBAC’s new CEO, Ashleigh Keefer as its new CFO, and Etienne Louw as the new MD. →

FLOORED Now on the cusp of its 50th anniversary, KBAC Flooring has supplied and installed flooring for thousands of residential premises in South Africa and beyond its borders

Company bolsters international presence

13th April 2018 Surfaces design and architecture producer and distributer Cosentino Group is continuing to push ahead with the international expansion of its own assets with the opening of the first Cosentino Centre in South Africa, the company noted in an announcement on February 7. In the floor coverings... →

SOUTH AFRICAN PIONEER The new Cosentino Centre in Johannesburg is the first to be officially opened in the country and in all of Africa

Manufacturer continues to grow in power tools market

6th April 2018 Power tools manufacturer Bosch’s Power Tools division recorded a ‎€4.7-billion turnover last year, which was higher than the year before. This growth corresponds to 5% in local currency and 4% yearly. Bosch is continually expanding its range of cordless tools, which are becoming increasingly... →

Photo by Creamer Media
POWER TOOLS The market has shown continual growth internationally

KAP gears up for growth, announces solid interim results

By: Schalk Burger 23rd February 2018 Diversified industrial group KAP Industrial Holdings has raised R2-billion through the issuance of three- to five-year bond tenures to fund its future growth, the firm stated in its six-month interim results for the period ended December 31. Its revenue from continuing operations increased by 29%... →

KAP gears up for growth, announces solid interim results

By: Schalk Burger 12th February 2018 Diversified industrial group KAP Industrial Holdings has raised R2-billion through the issuance of three- to five-year bond tenures to fund its future growth, the firm stated in its six-month interim results for the period ended December 31. The group on Monday reported that its revenue from... →

Showcase of SA's manufacturing prowess to debut in 2019

By: Donna Slater 2nd February 2018 To showcase the best South Africa has to offer in terms of local manufacturing and South African-produced capital equipment, capital equipment manufactures lobby group the South African Capital Equipment Exporters Council (Saceec) has partnered with exhibition organisers Specialised Exhibitions... →

Small businesses remain optimistic, despite volatility and uncertainties

By: Mia Breytenbach 29th September 2017 Despite economic volatility, South African small business owners remain optimistic and are actively pursuing growth, according to research from cloud based accounting software company Xero. The research report, titled ‘State of South African Small Businesses’ surveys the challenges facing the... →

HELPING HAND
Some small business owners want the government to provide more funding and some believe government should grant tax breaks for their business

Photo by Bloomberg
HELPING HAND Some small business owners want the government to provide more funding and some believe government should grant tax breaks for their business

Pretoria to host forestry industrialisation conference next month

By: Schalk Burger 29th September 2017 The Forestry Industrialisation Conference, to be hosted by State-owned forestry company Safcol on Oct 4 and 5, will highlight the potential of industrial and commercial forestry and wood products to support economic growth. Safcol chairman Lungile Mabece highlights the decline of commercial... →

Hotel group moves to integrate bamboo products into facilities

By: Ilan Solomons 25th August 2017 Bamboo producer and products supplier EcoPlanet Bamboo and hotel group Mantis Collection have signed a memorandum of understanding which could have “far-reaching benefits for the environment and the global movement towards sustainable tourism”, says EcoPlanet Bamboo CEO and co-founder Troy... →

AIR QUALITY IMPROVER EcoPlanet Bamboo will initially supply Mantis with for use across the group’s hotel rooms to improve the quality of indoor air

Photo by EcoPlanet Bamboo
AIR QUALITY IMPROVER EcoPlanet Bamboo will initially supply Mantis with for use across the group’s hotel rooms to improve the quality of indoor air

KAP advances acquisition strategy; reports good FY17 results

By: Schalk Burger 14th August 2017 Diversified industrial group KAP Industrial Holdings’ acquisition of high-density polyethylene and polypropylene manufacturer Safripol, logistics firm Lucerne Transport and a 51.4% interest in logistics firm Xinergistix during the 2017 financial year, provides the company with further... →

Arteor Exclusive developed for global projects

21st July 2017 Global electrical and digital building infrastructures specialist Legrand’s range of Arteor wiring devices now encompasses the new ‘Arteor Exclusive’ portfolio, which has been developed for projects globally. Legrand highlights that these demand more than standard electrical fittings. The range... →

IMPRINTED Legrand’s Tattoo collection, with intricate patterns, is the inspiration of urban culture

New tube-bending machine launched at MTA 2017

By: Mia Breytenbach 26th May 2017 In collaboration with international tube-bending technology specialist BLM Group, cutting consumable and capital equipment supplier First Cut launched the latest version of the E-TURN32 tube-bending machine at trade exhibition Machine Tools Africa 2017, held in Johannesburg, earlier this month.... →

NEW VERSION The BLM E-TURN32 tube-bending machine is available locally from First Cut

The E-TURN32 as it is a fully electric, computer numerically controlled machine, with all axes using Siemens drive technology and servo-motors. It can bend in 15 axes movements, roll and punch different sizes of tube up to 50.8 mm in diameter, and in any material, such as ferrous, non-ferrous and specialty metals, except plastic

Amended Forest Sector Code gazetted

By: Natasha Odendaal 2nd May 2017 Trade and Industry Minister Dr Rob Davies has approved the amended Forest Sector Code outlining transformation guidelines aligned to the Amended Codes of Good Practice for the forestry sector. “The forestry sector is one of the sectors that can stimulate and accelerate rural development, because... →

Lithuania seeking trade partnership with South Africa

By: Keith Campbell 4th November 2016 The first ever trade mission to South Africa from Lithuania, although small, represented no fewer than six sectors of the latter country’s economy. The just-concluded mission is part of the small European country’s programme of diversifying its trade and investment partners and expanding into the... →

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