1/3/2024 0 Comments Russian collection hcn.![]() First lots will be exported, but we expect new terms in our Construction Standards and Regulations to be formulated by that moment. And I hope, by late summer or early autumn next year we will produce the first trial panel to turn to commercial operation in the end of the year. By the end of the first quarter of 2020 equipment will be fully delivered to the site. We have already designed the plant, chosen the equipment supplier, signed the agreement and pre-paid the equipment is being made already, and deliveries will start in the beginning of the next year. "We have made a decision to invest in this project, and the amount of investments will exceed 3 bln rubles. It's trendy, environmentally friendly, advantageous, good looking, interesting and beautiful," Mikhail Shamolin, President of Segezha Group, said during the solemn ceremony dedicated to commencement of construction works. We intend to develop this area of activity. With a new kind of construction material, we hope, a large number of residence buildings will be built in the country soon, not individual houses only, but also multistory multifamily houses and office blocks as an alternative for concrete and brick houses. "We are laying the first stone, a symbolic capsule to mark the start of CLT plant construction it will be the first plant of such a quality in Russia. The amount of investments in a new manufacturing facility is over 3 bln rubles, and the capacity of a future enterprise is 250,000 m2 production per year. I'm sure, CLT panels will be a breakthrough in domestic construction industry, both in mass civil engineering and construction of individual houses or social facilities." "For the first time ever a cutting-edge plant producing a unique material that has never been manufactured in Russia before will appear in Sokol. "It's a truly landmark event for the whole Russian timber industry, as we are laying the groundwork for development of multistory wooden housing construction here, in the Vologda Region," Oleg Kuvshinnikov, Governor of the Vologda Region, said in his welcome address. Senior management also signed the address to employees to be unsealed after the enterprise starts operating at project capacity. ![]() The Governor and the Head of the company took part in a symbolic ceremony of laying the foundation stone of the future plant. On June 25, Oleg Kuvshinnikov, Governor of the Vologda Region, and Mikhail Shamolin, President and Board Chairman of Segezha Group, launched construction of the CLT manufacturing plant for modern engineer material for wooden house construction to be produced in Sokol, Vologda Region.
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