Companies in the timber industry / Daily News / Global Trends / Wood Products / Wood-based panels / Europe / Global
June 10, 2019

EBRD to loan EUR 116 million for Kronospan’s new OSB plant in Ukraine

EBRD to loan EUR 116 million for Kronospan’s new OSB plant in Ukraine
The European Bank for Reconstruction and Development (EBRD) organizes a syndicated loan of EUR116 million for Kronospan UA (Novovolynsk, Volyn region), which is part of Kronospan Group, for the construction of a new plant, according to a bank press release.    Kronospan will build a new OSB plant on the existing Kronospan particleboard plant in Novovolynsk in northwestern Ukraine, 10 km from the Polish border. The plant will have a production capacity of 280,000 tons of OSB boards annually. As part of the OSB plant, Kronospan UA is investing in a direct heated dryer, a multi ...

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