Companies in the timber industry / Daily News / Global Trends / Market Analysis / Statistics / Wood construction / Wood Products / Global / Russia
October 31, 2017
Russian companies announce massive investments in CLT capacities
The capacity of the CLT panels market in Russia is estimated at 130,000-150,000 m2 each year. In years ahead, this number could increase nearly three times. According to the WhatWood, the legal base for housing construction using CLT panels with more than three floors has not been approved yet, but promotion of material is actively implemented by Ministry of Industry and Trade. Promstroyles company will invest 200 million rubles of own and borrowed funds into completion of the second phase of its plant producing CLT panels in Kolpinsky district ...
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