News
Established in Luxembourg since 1994, family business Kronospan, specialised in the production of agglomerated or pressed wood panels, will invest a total of €330 million in its production site in Sanem over the next five years. In line with the principles of circular economy, the planned investments mainly consist in the setting-up a second cogeneration plant as well as in extending the production capacities of the plant.
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Photo: © MECO
A deep dive into the wood ecosystem mapping produced by Luxinnovation shows how Luxembourg’s wood value chain contributes to the UN’s sustainable development goals.
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The companies that make up the wood value chain are located all over Luxembourg. However, the wood ecosystem mapping by Luxinnovation shows that certain activities are concentrated in specific parts of the country.
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The new Luxembourg wood ecosystem mapping by Luxinnovation shows an increase in the number of companies. It also reveals that almost 20% of wood businesses were incorporated in the last four years.
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The 12th International Wood Construction Forum (FBC) was held at the Lille Grand Palais convention centre from 12 to 14 April 2023. The Luxembourg Wood Cluster managed by Luxinnovation organised a bus trip with selected companies to ensure Luxembourg’s visibility during the forum, which brings together European and international frontrunners active in the wood and associated industries to discuss the future of forestry and construction in Europe. The growing use of bio-based materials in construction and CO2 neutrality in the building sector was a key theme this year.
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Luxinnovation co-organised a hybrid business forum for the wood sector during the just concluded official trade mission to Latvia with the aim to facilitate exchanges between the Luxembourg wood companies and representatives from the Latvian wood sector. During the meeting, both parties expressed their interest in expanding economic cooperation and developing joint research activities.
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