The equipment represents the latest technology in its field and is the first phase of the project through which Paged will broaden out its offering to softwood plywood. Poland abounds in good-quality pine which is suitable for the production of softwood plywood.
The equipment will be delivered during 2014. The present deal has no impact on Raute's outlook for 2014. Raute's net sales will grow and the operating profit will improve from the year 2013.
Paged Sklejka S.A. is the biggest plywood producer in Poland with plywood mills, in addition to Morag, in Pisz and Elk. At present, Paged's offering consists of hardwood plywood, mostly of birch plywood.
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 and LVL (Laminated Veneer Lumber).
