Companies in the timber industry / Daily News / Global Trends / Lumber / Sawmilling / Wood pellets / Wood Products / Woodworking machinery / Europe / Global
April 3, 2019

Keitele Timber to upgrade sawmills, pellet plant

Keitele Timber to upgrade sawmills, pellet plant

NIB and Keitele Timber have signed a EUR 15 million loan agreement to finance the company investments in facilities for mechanical wood processing. The maturity of the loan is ten years.

NIB’s loan to Keitele Timber will finance the company’s investments in tangible capital; machines, flue gas scrubbers, dryers for sawdust and bark, as well as a pellet factory. Keitele Timber is a subsidiary of Keitele Group that runs three sawmills.

Register for unlimited access

We work hard to bring you the latest news in the world of international wood industry. The article you are currently reading is available only to registered users.

By registering you gain access to:

  • Thousands of quality articles
  • In-depth analyses of market trends
  • Exclusive market price insights
  • And much more!

All this for only 248 EURO/year!

(approximately $ 272.51, Paypal exchange rate)

Register now:

Checkout Options
Yearly subscription - 248 EUR/year
password strength indicator
Additional Info

We Accept PayPal
Billing Address