Russia’s Sveza set to start construction of 1.2 million tonne/yr kraft pulp mill in 2017

6 March 2015

Russian plywood producer Sveza is set to start construction of its 1.2 million tonne/yr bleached softwood and hardwood pulp plant in the Vologda region in 2017. The work will follow the completion of the infrastructure for the greenfield project, which is planned for 2016, according to the governor of the Vologda region Oleg Kuvshinnikov. Kuvshinnikov said that the pulp mill is scheduled to start up in 2020.

"We are waiting for the final decision on the free economic zone in the Vologda region, which is expected to be made in April. The status of [the free economic zone] will allow the investor to apply for government help in financing the infrastructure," Kuvshinnikov told a press conference. He added that the engineering and planning work will start shortly after the infrastructure is in place and will take up to 18 months.

 

Source : http://www.risiinfo.com/