Sudima
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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 talks on this issue in Transbaikal. Now the Far East Investment and Export Agency is helping the investor choose a site," the agency's press service quoted its head, Leonid Petukhov, as saying. The second facility will produce floorboards, furniture boards, sawn lumber, and fuel pellets. Total investment in the project will remain at about... Continue reading
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August 1, 2019
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 talks on this issue in Transbaikal. Now the Far East Investment and Export Agency is helping the investor choose a site," the agency's press service quoted its head, Leonid Petukhov, as saying. The second facility will produce floorboards, furniture boards, sawn lumber, and fuel pellets. Total investment in the project will remain at about... Continue reading
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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 talks on this issue in Transbaikal. Now the Far East Investment and Export Agency is helping the investor choose a site," the agency's press service quoted its head, Leonid Petukhov, as saying. The second facility will produce floorboards, furniture boards, sawn lumber, and fuel pellets. Total investment in the project will remain at about... Continue reading
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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 talks on this issue in Transbaikal. Now the Far East Investment and Export Agency is helping the investor choose a site," the agency's press service quoted its head, Leonid Petukhov, as saying. The second facility will produce floorboards, furniture boards, sawn lumber, and fuel pellets. Total investment in the project will remain at about... Continue reading