SiberWood biorefinery complex investment in Russia is prioritized by the government

Siberwood  informed that its investment project “Construction of a biorefinery complex in the Yenisei district of the Krasnoyarsk Region” was included in the list of priority investment projects in the area of forest exploitation.

According to the announcement, the priority status was granted by Ministry of Industry and Trade of the Russian Federation’s Order No. 2114 dated June 30, 2017.

Earlier SiberWood signed an investment agreement with CAMCE Investment Management to build a new pulp mill in Russia.

About Siberwood:

The company was founded in 2012 by initiative of private investors and professionals with extensive experience in the field of investment projects in Russia and internationally. Its objective is to realize a greenfield project of a pulp mill construction with application of the newest technologies and participation of international partners who have an experience in realization of such a complex investment projects in Russia as well as distribution of products globally. In the framework of the project approximately 3 000 jobs to be created. At the current stage, the project engages approximately 20 experienced professionals of different backgrounds as well as acquires services from the leading international engineering and consulting companies of forestry and pulp and paper sector.

Source: Woodbizforum