Russian Company Sveza Appoints Wallgreens As Distributor For India

Wallgreens Panels LLP headed by Mr Jignesh Chowatia has been appointed as India distributor of Sveza – the world’s largest producers of natural Russian birch plywood. Sveza produces high-quality plywood of natural Russian birch and hold the world leadership in this sector. With over 18 years of experience in the Lumber and Plywood Industry, Wallgreens Panels LLP has made various inroads into the industry and also been innovators of various products.

Read Full Article:- https://www.plyreporter.com/article/51107/russian-company-sveza-appoints-wallgreens-as-distributor-for-india

Greenlam Revenue Grew In FY 2018-19

Greenlam Industries has declared its Standalone & Consolidated Financial Result for the quarter and year ended on 31 March 2019. According to the company's financial results, Greenlam's total income (consolidated) in the financial year 2018 - 19 increased by approx 11 percent to Rs. 1280 crores as compared to the previous year at Rs. 1155 crores. For the fourth quarter, revenue of company's also increased by more than 12 percent to Rs. 360 crores.

Read Full Article:- https://www.plyreporter.com/article/50979/greenlam-revenue-grew-in-fy-2018-19

Kumar Engineering Focus On Process Automation

Kumar Engineering focuses on automation of manufacturing process and for the purpose they presented Wide Belt Sanding Machines, Calibrating Machines, Wide Belt Calibrating & Sanding Machine and Automatic Edge Cutting Machine (DD Saw). With the help of their earned experience of over 20 years, they have developed many sophisticated and automated machines having all similar challenging features as in World's Leading European Brands, to be availed by Plywood and Laminate Industries. “Plywood industry needs automation to generate high quality products in a short span of time to sustain in the market. In the times of swiftly-changing scenarios and volatile market conditions, we believe that, with our technical expertise, we can empower the Plywood Sector to reach to its maximum potential” said Mr Sunil Srivastava.

Read Full Article:- http://www.plyreporter.com/article/50947/kumar-engineering-focus-on-process-automation

Eucalyptus Prices Eased Up, Helps Plywood Industry To Sustain

Growing Poplar timber prices have been worrying plywood industry in northern India, but the easing up prices of Eucalyptus timber is helping industry to sustain. Industry believes that Poplar timber prices have been tending upward since April this year and it has so far noted an increased up to 25- 30 percent during last six months. It is believed that industry is unable to pass their input cost in the market in this ratio and they are forced to note big pressure on their margins.

Read Full Article:- http://www.plyreporter.com/article/30502/eucalyptus-prices-eased-up-helps-plywood-industry-to-sustain

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

Centuryply Exclusive Dealer’s ‘Royal Club’ On Trip To Athens, Greece

The fifth edition of the Royal Club trip was based in the scenic and historical ambience of Greece, and Athens. CenturyPly as a company always believed in the best, whether it’s product or the engagement with the channel partners. Started in the year 2008, “Royal Club” is the flagship program of CenturyPly for dealer engagement. What makes CenturyPly “Royal Club” a unique program in this industry is that the spouse of the channel partner also travels to the chosen destination and be a part of the grand event.

Read Full Article:- http://www.plyreporter.com/article/30459/centuryply-exclusive-dealers-royal-club-on-trip-to-athens-greece

Indian Plywood Industry: Battling For Market, Sruggling For Margins, Test Of Petience Begins

Plywood industry has entered into cut- throat competition mode. India has around 2800 operational wood panel processing factories practically that can be counted as plywood producing factories. Though in last two years alone, the production capacity has grown almost equal to 4000 units where as demand has remained same barring few months when it was a free orders flow.

Read Full Article:- http://www.plyreporter.com/article/20197/indian-plywood-industry-battling-for-market-sruggling-for-margins-test-of-petience-begins

Chhattisgarh To Develop Plywood Industry In State

Directions were given by Chief Secretary Ajay Singh to forest-industries-agriculture department to make work plan jointly for establishing plywood industry in Chhattisgarh. Based on it, at favourable places the plywood industries would be established in State. A discussion was held for establishing plywood industry in the State, which was chaired by Chief secretary Ajay Singh at secretariat (Mahanadi Bhawan).


Read Full Article:- http://www.plyreporter.com/article/20191/chhattisgarh-to-develop-plywood-industry-in-state

PPMA Seeks Special Status for Plywood Industry

Punjab Plywood Manufacturers’ Association (PPMA) has sought to the central government to put the plywood industry in the special category and reduce the interest rate by 2 percent because plywood industry has been considered as the agro-based industry. They asked the government to direct financial institutions and banks to reduce the interest rate. Mr. Ashok Juneja, Chairman, PPMA addressing a meeting of plywood producers of state-organized recently in Ludhiana said, “Plywood had been duly declared by the government as an agro-based industry but no concessional treatment was given to it.”

Read Full Article:- http://www.plyreporter.com/article/20086/ppma-seeks-special-status-for-plywood-industry