Nature Wood Group Limited Sponsored ADR (NWGL) has released an update.
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Nature Wood Group Limited is expanding into the decorative plywood market, establishing a new manufacturing facility in Pucallapa, Peru to diversify its product offerings and mitigate operational risks. The move comes amid challenging market conditions, including a downturn in China’s property market and geopolitical conflicts affecting demand. By enhancing its production capabilities, the company aims to strengthen its position in the global decorative plywood sector.
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