Investment projects

Looking at potential cooperation with new partners - the NE mill is currently in discussions with two Chinese companies and one European company about launching value added processing at the mill. These perspectives are based on the fact that super short sawn wood (0,3-0,9 m) will give a higher income if reprocessed, finger jointed and planed.

Looking not only at the supply of raw material in general as well as super shorts, planing of larch sawn wood for the European construction market is also considered and negotiations have started. In conclusion, the largest advantage on top of the raw material supply is also that the NE mill already has free work facilities of close to 8,000 m2 that can be used for any future mill.

The time plan is to start production in 2017 and a final investment decision made by the Board of Directors is expected in the middle of 2016. Proposals from potential partners of buyers of planed or finger jointed products are highly appreciated and can be sent to the following email address: referent@novo–lhk.ru

  • Empty work areas to be restored for further expansion

  • Example of products that might be produced for direct sales to DIY