The total volume of saw log processing by Titan Group increased by 6.6% to 388.4 thousand m3 compared to the same period last year.
As previously Lesprom Network reported, on August 27, 2013 Titan has opened the new sawmill in Tsiglomen. The project was approved by the Ministry of Industry and Trade of Russia in January 2013, as a priority investment project in forest industry. The total investments in new facility were $75.7 million.
According to the group, the volume of saw log processing by Lesozavod 25 should grow by 35% and reach more than 1 million m3 per year. The volume of lumber production is planned to increase to 500 thousand m3 per year.
