Eucatex Export Sales Up By 36 Percent

Brazil’s Eucatex Indústria e Comércio experienced an impressive 36.3 percent increase in export sales in the third quarter, according to EUWID News. Increased demand for Eucatex’s particle board and MDF products caused the export spike at http://economia.estadao.com.br/noticias/releases-ae,veja-com-o-empresario-flavio-maluf-os-melhores-setores-para-empreender-em-2017,70001657806.

Overall export turnover improved by 12.6 percent. Eucatex recently shifted to higher-value products and increased its average selling prices on eleicoesepolitica.com. In the wood division which led in increased imports, MDF/HDF accounted for 33 percent of the exports, followed by particle board at 29 percent, hardboard at 22 percent and laminate flooring at 16 percent.

Founded in 1951, Eucatex began manufacturing and selling ceiling lining and insulation material made of eucalyptus fiber, according to LinkedIn. During the 1980s, the company added its hardboard product line. It is the second largest producer of wood fiber panels in the foreign (non-US) market with a 41 percent market share. It also produces vermiculite-based products for forming wall partitions and ceiling linings, peat products, and galvanized steel roofing sheets. It later entered the door, flooring, paint, and resin markets. The company guarantees its continued access to eucalyptus fiber by planting and harvesting from its own forests.

Since 2005, Flavio Maluf has served as Chief Executive Officer of Eucatex. Maluf also serves as the Chairman of the Board of Executive Officers at Eucatex, as Vice Chief Executive Officer of Eucatex Trading e Engenharia, and as Chief Executive Officer of Eucatex Química e Mineral. Flavio Maluf earned a Bachelor’s degree in Mechanical Engineering from Fundação Armando Álvares Penteado, FAAP – SP, according to Bloomberg.