Russian MDF producer LPK Partner-Tomsk invests €150M in OSB plant, expects to begin construction in Q1 2012
Wendy Lisney
LOS ANGELES
,
December 21, 2011
(Industry Intelligence)
–
One of Russia's largest MDF producers LPK Partner-Tomsk is investing more than €150 million in the construction of an OSB plant.
The company plans to begin construction in Q1 next year, according to a report by Wood Based Panels International. Eventually the operation will create more than 400 jobs.
LPK Partner-Tomsk expects the plant to reach full production by the end of 2014, representing an annual sales volume of more than R3 billion (US$90 million).
The primary source of this article is Wood Based Panels International, London, on Dec. 14, 2011.
* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.
