Caishen, a company with Chinese capital, plans to launch, by 2024, the first production of oriented strand board (OSB) in the Krasnoyarsk Territory in Lesosibirsk, the Ministry of Forestry of the region told TASS on Friday.
The Federal Anti-Trust Service (FAS) has approved the application from JOGMEC of Japan (Japan Oil Gas and Metals National Corporation) for purchasing 49% in INK-Krasnoyarsk, the agency's announcement runs.
Way Fen, a Manchu Trade and Economic Company (China), will invest 318 million rubles in the construction of a timber processing facility in the south of the Krasnoyarsk Territory.
Electric buses will be produced in the Krasnoyarsk Territory. Rafael Shageev, Chairman of the Central Siberian Chamber of Commerce and Industry told Newslab.ru about it.
According to him, today an agreement will be signed with the Cui Sunhay trading and economic company from Hunchun on financing of the project. The new production will be located in Sosnovoborsk on the premises of the local cold upsetting product plant.
The Japanese Jogmec Corporation and the Irkutsk Oil Company will start geological exploration in five license areas in the Krasnoyarsk Territory, as Jogmec’s President Keisuke Kuroki told journalists on the sidelines of the Russian Energy Week.
According to Izvestia, Chinese investors are planning to invest in a new pulp-and-paper plant in Krasnoyarsk Region