Companies in the timber industry / Daily News / Wood Products / Wood-based panels / Asia & Middle East / Global
August 31, 2018
South Korea’s Dongwha expands to Thailand’s MDF market
Dongwha Enterprise, Korea's top wood materials manufacturer has extended its reach by acquiring a manufacturing unit in Thailand. Dongwha announced last week it acquired Agro Fiber's medium-density fiberboard (MDF) manufacturing unit for 23 billion won ($20.5 million). MDF is an engineered wood product used for making furniture. Established in 1998, Agro Fiber is a subsidiary of Thai-based copy paper maker Double A. Its MDF manufacturing facility is located in Prachiburi, about 100 kilometers northeast of Bangkok. The company produced around 100,000 cubic meters of MDF annually ...
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