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Companies in the timber industry / Daily News / Global Trends / Forestry / Lumber / Sawmilling / Wood Products / Asia & Middle East / Global / Russia
August 1, 2019

Singapore’s Sudima to split planned US$200M wood processing complex in Russia’s Far East

Singapore’s Sudima to split planned US$200M wood processing complex in Russia’s Far East
Singapore's Sudima International, which announced earlier that it would build a wood-processing complex in the Primorye Territory worth $200 million, has decided to split the project into two parts due to a potential lack of timber.    The second facility will be located in the Transbaikal Territory.    "Originally the plan was to create a new production facility in Primorye, but due to the potential lack of timber for such a big project, it's been split into two parts, and the second will be implemented in Transbaikal. Investors have already held ...

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