11 Feb '09
Kaluga timber company Les is to invest $31m building a plant to produce insulating fiberboards in Kaluga region, Interfax reports.
The plant’s projected annual capacity is 80,000 cubic meters of processed woods.
Construction is scheduled to start in 2009, with the plant to be out into commission in 2012.
Yesterday Marchmont wrote about Lesprom’s $34m timber project in Kaluga region.