Amulya Focused On Synchronised Laminates And WPC

Amulya Mica kept focus on 1.25 mm Synchronised Laminates and Amulya WPC in the exhibition in Mumbai. Besides, they also showcased seven wonder laminates with paper imported from Japan, which was a point of attraction at the show.

Read Full Article:- http://www.plyreporter.com/article/20288/amulya-focused-on-synchronised-laminates-and-wpc

Decorative Veneers Demand Revives Slowly

Decorative veneers demand seems to be picking up slowly after a very lean phase during January to March. With the flow of work in commercial spaces, offices, restaurants and clubs, individual renovation of apartments and hospitality sector there is optimism among retailers to come back to normalcy. The interaction conducted among top 30 veneer producing companies, it was observed that pick up in demand has brought the production levels closer to same where it was before November 2016.

Read Full Article:- http://www.plyreporter.com/article/20236/decorative-veneers-demand-revives-slowly

Eurobond Had Installed First Of Its Kind Conical Extruder ACP Machine In India

EUROBOND – a flagship brand of Euro Panel Products Pvt. Ltd is not only increasing its capacity but multiplying its scale of operations and manufacturing capacity.

The company has recently installed first of its kind Conical Extruder ACP Machine in India. This is a first of its kind in the country. It will work on direct compositing of raw materials which ensures excellent flatness and durability. Conical Extruders coupled with direct compositing and other automated processes will ensure a daily production of 5000 sq. metres. Thus the company will be now able to produce and deliver 10000 sq. metres of ACP every day.

Read Full Article:- http://www.plyreporter.com/article/20422/eurobond-had-installed-first-of-its-kind-conical-extruder-acp-machine-in-india

REHAU Showcased Amazing Designs And Renovation

REHAU presented a range of new solutions, including the polymer RAUVISIO crystal mirror, which a panel of distinguished experts recently honoured with the interzum award for “high product quality”.

 These also, include the latest edgeband solutions from the RAUKANTEX portfolio, the RAUVISIO surface range and The RAUVOLET tambour door systems. The products from RAUVISIO surface materials, RAUKANTEX edgeband materials, RAUVOLET tambour door systems to REHAU acoustic solutions presented individually in Their range breadth and depth as well as in use.

Read Full Article:- http://www.plyreporter.com/article/20423/rehau-showcased-amazing-designs-and-renovation

Alternate Ply Set To Return, ‘All Poplar Ply’ Unviable

The abundance of Poplar plantation in Northern India offered an opportunity for plywood manufacturers to produce all core Poplar plywood during last 4 years. At the same time, the plantation supplies also helped the growers, consumers and the markets. The all poplar plywood had reached its bottom price that provided ample of opportunities to traders of different markets in India to sell ‘All poplar Ply’.

Read Full Article:- http://www.plyreporter.com/article/20147/alternate-ply-set-to-return-all-poplar-ply-unviable

Producing Plywood! Why Big Volumes, If Not Selling @10% Margin On 30-45 Days Payment Schedule?

The Plywood industry’s Capacity vs Demand Gap has widened where capacity is higher by 50% or can say there is double the capacity than demand. Unlike laminate where you need design and marketing sense to grow, in plywood you just need to reduce the price to finish your stock. And that is why plywood industry has begun bleeding and soon its impact shall reach to traded retailers as well.

Plywood is a commodity material, though in India it is sold like branded products. Consumer does ask for brand recognition, but percentage of such people is merely 5-7%, and growing. Plywood is largely purchased on the basis of recommendation from Dealers, Carpenters and even sometimes referred/ specified by Architects-Interior designers. According to the market demand patterns analysed by us at Ply Reporter of past 12 years, retail sales dominate in Plywood.

Read Full Article:- http://www.plyreporter.com/article/20200/producing-plywood-why-big-volumes-if-not-selling-10-margin-on-30-45-days-payment-schedule

HOF Furniture Looks For FDI For Further Growth

With its eyes set on Foreign Direct Investment (FDI) for its furniture brand HOF, the Ahmedabad-based office furniture player, HOF Furniture Systems Pvt Ltd, is expanding its operations in the hospital furniture and home segments, to become a comprehensive furniture brand in the next three years.

 The company’s founder and chairman, Pravin Patel told to Business Line, “In the next three years, we plan to have FDI investments in our brand to add value to our existing operations, bringing global expertise in technology and best practices and further strengthen our position in the Indian furniture space.”

Read Full Article:- http://www.plyreporter.com/article/10045/hof-furniture-looks-for-fdi-for-further-growth

Sharp Growth In ACP Market In 2016-17

A very sharp growth has been seen in demand for ACP during last two years. Year 2016-17 has a sudden upward curve due to demand in urban and semi urban areas in applications of signage’s and partition panels. According to data till 2014 there were 23 manufacturing establishments for ACP were in operation in different states. But 2017 pointing the number of manufacturers reaching to 40 plus. Apart from new units’ majority of plants have added manufacturing lines to feed the bulging demand in this product category. According to Ply Reporter estimates the Aluminium composite panel units capacity has grown by almost 45 percent during last two years, where as production volume too has grown by 25 percent.

Read Full Article:- http://www.plyreporter.com/article/20237/sharp-growth-in-acp-market-in-2016-17

ACP Sector To Witness Robust Growth Under GST Regime

In India, the market for ACP industry is close to 2200 crore with presence of around 45 manufacturing units across the country. According to ACP industry pioneers, the share of branded players was on a down ward trend since last 5 years because unethical practices were becoming rampant among the unorganized category players. But GST has given a level playing field which was much needed for the better of infrastructure growth, economy and organized business practices.

Read Full Article:- http://www.plyreporter.com/article/10099/acp-sector-to-witness-robust-growth-under-gst-regime

New Ply Wood License In UP, Successful Applicants Names Is About To Be Declared In December

The applicants, who had submitted their online applications to establish new Plywood, Veneers, MDF, Particle Boards and Saw mills units in Uttar Pradesh, the name for successful applicants is about to be declared in December 2018 itself. The Chief forest conservator, UP Government, Sri M.P Singh, reveals it in an exclusive interview with The Ply Reporter. Mr Singh said, “The delay in finalizing of the name of applicants through e-lottery or draw of lot occurred due to some proceedings and paper work along with some work left at technical end.” It is expected that the name of successful candidates will be announced by second week of December or before.

Read Full Article:- http://www.plyreporter.com/article/30509/new-ply-wood-license-in-up-successful-applicants-names-is-about-to-be-declared-in-december

Payment Recovery, A Nightmare At Present Across The Industries

Extremely slow payment recovery is the biggest negative at present that unorganized wood panel industry is going through reports Ply Reporter correspondents from the market. Payment recovery and collection has become a challenge, and it is already exceeding 90 days as an average credit limit for at least half of the trade. The hands to mouth companies are choking and are unable to run their business thus loosing the supply chain.

Read Full Article:- http://www.plyreporter.com/article/30467/payment-recovery-a-nightmare-at-present-across-the-industries

Insurance Scheme For Furniture Manufacturers And Merchants In Kerala

Furniture industry was badly hit by the unprecedented flood in Kerala state two months before. This natural calamity has made the industry people to make an arrangement or its revival and safeguard in the future from any type of such happenings. Coming forward to find out solution to the cause Furniture Manufacturers and Merchants Association (FuMMA) has launched insurance scheme for furniture manufacturers and merchants in the state ‘FREE OF COST’ offering them cover from natural calamities, burning, theft and any type of such happenings. The association came into existence in the year 2012 and currently have nearly 3500 members.


Read Full Article:- http://www.plyreporter.com/article/30478/insurance-scheme-for-furniture-manufacturers-and-merchants-in-kerala

Sawn Timber Import Posts 44 % Growth In FY 2018

Sawn timber imports witnessed a big boost in FY 2018 after having marginal drop last year. The data revealed by the reports from DGCI&S indicates that import of sawn timber has increased by Rs 800 crore (44% growth) reaching to Rs 2615.14 crore in 2017-18 from Rs 1805.54 crore last year. It is noted that rising trend in sawn timber import is continuous phenomenon for India market since 2014-15, and the import value has almost doubled.

Read Full Article:- http://www.plyreporter.com/article/30474/sawn-timber-import-posts-44-growth-in-fy-2018

Costly Dollar Push Imported Decorative Surface Cost Upward

Strong Dollar against Rupee is directly affecting the prices of all kinds of imported decorative highlighters panels. The reports from western markets reveal that the importers are looking at an opportunity for increasing the price by an approximate 10 % higher cost, thus causing cascading effect on prices of these imported interior decor panels immediately. The importers are analyzing the affect of high dollar prices on materials like PVC sheets, WPC boards, Charcol panels, Wall paper, Floorings, and have already passed on around 7 to 8 percent of the price rise.

Read Full Article:- http://www.plyreporter.com/article/20182/costly-dollar-push-imported-decorative-surface-cost-upward

Greenply Plans To Scale Up Capacity With Additional Investment Of 4 Mn Euros At Its Gabon Unit

The company said it targets to hit a capacity utilization of 55 per cent by 2018-19 and scale up to 100 per cent by 2020-21. Greenply Industries is investing four million euros to scale up the manufacturing capacity at Gabonese Republic (Gabon) in West Africa.

The Gabon veneer manufacturing facility, which was set up with an initial investment of 11 million euros and has a annual processing capacity of 96000 cubic meters (cbm) of Okoume timber, will get the fresh infusion to scale up its processing capacity from 3,000 cbm per month to 8,000 cbm by March 2019, a company release stated. The facility, located at the NKOK Special Economic Zone, manufactures Okoume face veneers with thickness ranging from 0.2mm and upwards.

Read Full Article:-http://www.plyreporter.com/article/20386/greenply-plans-to-scale-up-capacity-with-additional-investment-of-4-mn-euros-at-its-gabon-unit

PLYBOARDS Distributors Should Not Fear Growing Competition!!!

The present market situation is dull despite of GST coming down to 18% on Ply, boards, Doors, MDF, PB, Decorative veneer, Furniture, Hardware and other building materials. Who so ever the Ply Reporter team visited be it distributor, retailer or a stockiest, everyone sounded desperate for some business pick up and faster payments. Since earnings are not matching with rising expenses and Payment recovery is a growing worry, the puzzle is getting trickier. People ask us, is it slow for them or for all?

Read Full Article:- http://www.plyreporter.com/article/20333/plyboards-distributors-should-not-fear-growing-competition

Virgo Supports Needy And Talented Students

Giving back to the society is one of the most important values Virgo Group has always lived by. In a recent CSR activity they reached out to the needy & talented children from the backward areas and given them a day full of surprises, gifts, good food & reading stuff and the most importantly happiness to them.

Read Full Article:- http://www.plyreporter.com/article/20379/virgo-supports-needy-and-talented-students

Decorative Veneers Demand To Remain Stable

The growth in decorative veneers demand carry an individual perception that varies company to company or dealer to dealer. Though the growth story in decorative wood veneers continue to head up even amidst multiple policy introductions and turbulent implementations. Despite of slow markets, decorative veneers remain a favourite material for home upgrades indicated the survey done by BSMR among retailers, showroom owners and decorative veneer manufacturers.

Read Full Article:- http://www.plyreporter.com/article/20443/decorative-veneers-demand-to-remain-stable

Fact: The 0.9 Mm Laminate Folders Are Loss Making

0.92 mm laminates range was born in Indian retail market 3 years ago with cheap offerings first copy of 1.0 mm pattern. The competition in 1.0 mm category led few of the new laminate manufacturers to accept distributors proposal to create 0.9 thickness range but promoted in line of 1.0 mm. This a segment emerged entirely as brain child of market driven forces, who successfully convinced the producers that, it is one of the smart way for those, who are eager to enter upper or sub 1 mm range.

Read Full Article:- http://www.plyreporter.com/article/30493/fact-the-09-mm-laminate-folders-are-loss-making

SUNMICA Today Has Become An Iconic Laminate Brand With One Of The Best Variety In Its Range

Bhopal, MP based SUNMICA WORLD is a nearly 20 year old firm dealing in wood panel industry with special focus on laminate. The proprietor of the firm MR VIKRAM CHHABRA is long associated with SUNMICA since 1993 brand even he had not ventured his firm separately. The association with SUNMICA guided him to achieve growth and his business got big boost as he could developed several new potential customers and his our sub dealer network improved. The Ply Reporter presents a snapshot of a conversation with him on his success.

Read Full Article:- http://www.plyreporter.com/article/20396/sunmica-today-has-become-an-iconic-laminate-brand-with-one-of-the-best-variety-in-its-range

Strong Dollar Is Helping Domestic MDF Demand

Rocketing dollar prices against Rupee is reported to help domestic MDF manufacturers in taking over imported MDF market. Report from trade hinted that the price gap between imported and domestic MDF prices has been narrowing because the dollar rates have jumped by over 15 percent in last two months. Reports say that domestic MDF producers have been receiving some fresh queries in September, which has brought happiness as earlier they were compelled to reduce their capacity due to slower demand.

Read Full Article:- http://www.plyreporter.com/article/20385/strong-dollar-is-helping-domestic-mdf-demand