Largest timber mill in Russia will be built in Sharya in the Kostroma Region. Representatives of SWISS KRONO, LLC, the investor, informed the Plenipotentiary Representative of the President of Russia in the Central Federal District Igor Schegolev that it will take four years during his visit to Sharya.
Specta commissioned additional PET tape production capacities at the VolgaStrap plant in the Kostroma Region, regional media reported.
The largest wood processing plant in Russia may be built in the city of Sharye, the Kostroma Region. The press service of the Regional Governor reported about this to IA REGNUM correspondent. Management of Swiss Krono group promises to launch a new plant in 2021.
In 2022, the production of oriented strand boards (OSB) may appear in the Kostroma region. According to the press service of the region, the SWISS KRONO Group plans to open a plant in the city of Sharya.
Specta has commissioned additional PET tape production capacity at the VolgaStrap plant in the Kostroma region, regional media report.
The launch of the fourth polyester tape production line at the Kostroma VolgaStrap enterprise signified the 25 anniversary of the investor, the Specta company which is the largest producer of PETF and steel tape in Eastern Europe. In 2006, the company opened its production association in Kostroma. Today, the plant ranks third in Europe in production of polyester and steel packaging tape.
On May 24, Sergey Sitnikov, Governor of the Kostroma Region, and Eric Helin, President of Specta Group AG, signed an investment agreement at the Saint Petersburg International Economic Forum under which Specta will establish additional production facilities for PET tape and warehouse premises in Kostroma.
Specta is the main investor of the enterprise.