15 Feb 2023 19:44

Khabarovsk company to build timber mill with annual capacity of 200,000 cubic meters for 1 bln rubles

KHABAROVSK. Feb 15 (Interfax) - The limited liability company Tumninsky Priisk will invest around one billion rubles to create a timber processing center in the Khabarovsk Territory with an annual capacity of over 200,000 cubic meters of products, the Russian Far East and Arctic Development Corporation said.

The project will be implemented under an agreement with the Russian Far East and Arctic Development Corporation in the Khabarovsk rapid development territory. The investor has already filed an application for resident status.

The production of cut timber, peeled veneer, cardboard, arbolit blocks and fuel pellets is expected to be launched in late 2024. Before that, the investor will build deep timber processing workshops, drying chambers and other timber processing infrastructure facilities and will install technological equipment.

The timber mill will receive materials from forest areas of the Khabarovsk Territory.

Timber processing waste and low-grade timber will be used to produce fuel pellets, and wood waste will become a component of arbolit blocks.

"We hope for speedy customs clearance for both imports from China of special equipment and modern, quality, highly productive equipment with spare parts and for exports of finished products that have undergone deep processing. It is important that the supply should be as quick as possible," Ivan Nenuzhenko, deputy director of Tumninsky Priisk, was quoted as saying in the report.

Viktor Kalashnikov, deputy prime minister of the Khabarovsk Territory and the territory's economic development minister, said the project "was included by the Russian Industry and Trade Ministry with the territory's government's participation in the list of priority investment projects in the sphere of forest development."

According to the Russian Far East and Arctic Development Corporation, 77 projects in the timber, cellulose and paper industry with investment volumes of over 35 billion rubles and plans to employ more than 9,000 people are being implemented in preferential regimes (rapid development territories and the Free Port of Vladivostok) in the Far East.

According to data from the unified register of legal entities, the Tumninsky Priisk company was created in the settlement of Pereyaslavka, Khabarovsk Territory, in 2002. Its core business is sawing and planing timber. Its General Director Ruslan Dobrodeyev, Lina Nenuzhenko and the company hold 33.3% of the company's capital each.