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Tag: investments

TechnoModel LLC realizes in the Tyumen region the large-scale investment project on processing about 300 thousand cubic meters of wood annually

21 August 2019 ` 17:15  
This was reported in a press release of the Department of forestry of the Tyumen region. According to the General Director of the company Marat Shakurov, “the project involves the creation of a modern timber enterprise with an...

Sudima together with KGK plan to launch a project to create a timber processing complex in Primorye and Transbaikalia

30 July 2019 ` 23:57  
The Singapore company Sudima together with the Indian partner KGK plans to launch a project to create a timber processing complex in Primorye and Transbaikalia. According to preliminary calculations, the volume of investments may exceed $200 million. The...

The project of construction of a new line for the production of thermomechanical mass of Volga JSC is included in the list of priorities in the field of forest development

28 July 2019 ` 13:33  
By the order of the Ministry of industry and trade of the Russian Federation (№ 2317 of June 28, 2019) the investment project of JSC “Volga” in the field of forest development “Construction of the second line for...

The wood-based materials manufacturer Egger Group recorded sales of EUR 2.84 billion and adjusted EBITDA of EUR 425.0 million

27 July 2019 ` 23:35  
Egger Group Management is satisfied with the sales of EUR 2,841.5 million achieved in the 2018/2019 financial year (+5.6% compared to the previous year) and the adjusted operating result (EBITDA) of EUR 425.0 million (-4.7% compared to the...

Belarus invests €21 million in the creation of a new sawmill and pellet production

23 July 2019 ` 17:13  
Investors plan to complete the project by 2022. This was reported in the economic Department of the Bobruisk City Executive Committee. BR-Wood LLC will implement the project in Bobruisk. 26 real estate objects which are in property of...

Shalakushales LLC invested about 15 million rubles in the construction of the railway line and loading platforms

17 July 2019 ` 23:27  
In June 2019, Shalakushales LLC (Nyandom district, part of the Titan Group of companies) started the construction of a railway line and loading areas with a coating of reinforced concrete slabs located along the branch, with a length...

New investment project in the Kostroma region: more than 1 billion rubles will be invested in timber processing

13 July 2019 ` 21:03  
The new enterprise will be created by combining the capacities of the logging company “Dom-Stroy” and the wood processing enterprise “GK Forest”. Plans to create a new timber industry complex Governor Sergei Sitnikov discussed with the owners of...

Andritz to supply new HERB recovery boiler to Ilim Group’s “Big Ust-Ilimsk Project” in Russia

10 July 2019 ` 13:33  
The Andritz HERB recovery boiler will have a black liquor combustion capacity of 1,950 tds/d, with start-up planned in the second half of 2021. The order is part of the one billion US dollar “Big Ust-Ilimsk Project” that...

Russian Timber Journal 06-2019: WhatWood interview with President of United Panel Group; downward pricing trend for logs continues; packaging industry: on the way to circular economy; In 2018, China is increasing trade in wood; WhatWood’s statistics of log price index in Russia

Russian Timber Journal 06-2019: WhatWood interview with President of United Panel Group; downward pricing trend for logs continues; packaging industry: on the way to circular economy; In 2018, China is increasing trade in wood; WhatWood’s statistics of log...

Otkritie Bank opened a credit line to ULK Group of companies in the amount of $725 million

7 July 2019 ` 16:51  
The line is open for three years, until December 25, 2026. These funds will be used for current business and investment projects of ULK Group – the Russian largest timber procurement and production holding. For 2020, ULK Group plans...

$10 million will be invested in the construction of a pellet plant in Buryatia

19 June 2019 ` 13:30  
The government of Buryatia on June 14, 2019 the Head of the Republic of Buryatia Alexey Tsydenov and the General Director of Monpellet U. Ankhbileg signed an agreement on cooperation in the sphere of development of fuel and...

21 billion rubles will be invested in the construction of OSB-plant in Bashkortostan

18 June 2019 ` 23:43  
In the House of Republic on 17 June 2019, the acting Head of Bashkortostan Radium Khabirov and the founders of SibaiPlitProm Sergey Kurenkov and Vsevolod Chirkovskiy signed an investment agreement between the government of the Republic and the...