Raute Corporation has received orders worth approximately Euro 55 million from LLC Plitwood in Russia. The annual capacity of the new mill will be approximately 180,000 cubic meters birch plywood. The ordered machinery and equipment will be delivered during the end of the year 2021 and beginning of the year 2022.

Plywood

Raute received Euro 55 million orders from LLC Plitwood in Russia

Raute Corporation has received orders worth approximately Euro 55 million from LLC Plitwood in Russia. The scope of orders includes all machinery and equipment for the production process of an entire plywood mill and also services related to the installation, commissioning and production start-up of the mill.

The machinery and equipment will be delivered to a green field plywood mill to be set up in the Vologda area. The annual capacity of the new mill will be approximately 180,000 cubic meters birch plywood. The ordered machinery and equipment will be delivered during the end of the year 2021 and beginning of the year 2022. The production in the plywood mill will start during the year 2022.

The equipment will be engineered and produced in Raute's units in Nastola, Shanghai and Kajaani, and also in the company’s partnership network.

Raute is a technology and service company that operates worldwide. Raute’s customers are companies operating in the wood products industry that manufacture veneer, plywood, LVL (Laminated Veneer Lumber) and sawn timber.