Companies in the timber industry / Daily News / Global Trends / Wood Products / Wood-based panels / Woodworking machinery / Global / Russia
December 4, 2019
Russian Segezha Group to start construction of a new plywood plant soon
Russian Segezha Group plans to commence construction of its new birch plywood plant at the location in Galich (Kostroma Oblast) before the end of this year. In addition to warehouses and administrative buildings, a production area of some 48,000m² is to be built. According to current plans, the plant is to be commissioned at the beginning of 2022. It is expected to lead to the creation of 600 new jobs. The investment volume amounts to a total of some RUB10bn, equivalent to approximately €140m. The greenfield investment is to be made ...
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