Companies in the timber industry / Daily News / Wood Products / Wood-based panels / Europe / Global / Russia
April 12, 2017
Russia: UstyeLes expands plywood production
UstyeLes completed the second phase of investment project at its plywood production mill in the city of Sokol in the Vologda region of Russia. According to the announcement, with the new production line the company doubled production and expects to triple it by summer 2017 reaching 50 thousand m3 output. The investment accounted RUB 470 million (around USD 8.3 million). The company started the project execution in 2012. In the first phase (2013-2015) it created a logging unit with harvesting of around 152 thousand m3 of timber per year as ...
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