Komi to develop OSB production - Syktyvkar

Safwood (Italy) is to launch OSB production in the Komi Republic by February 2012. The mill will be constructed from scratch with investment volume amounting to EUR 125 mln, of them EUR 72.5 mln to be provided by banks.

The mill is to reach project capacity – 376 thousand cubic meters of OSB boards - by the end of 2012.

Safwood already has a mill for chipboard production – Syktyvkar woodworking mill – that was also constructed from scratch in Syktyvkar.