The contracts between Raute Corporation and Muling Kemian Wood Products Co Ltd, which were announced November 3, 2010, have taken effect.
The machinery and equipment worth about €15m will be delivered to an LVL plant to be built in Muling, China during summer 2011. The plant will be commissioned in the beginning of 2012.
In addition to Raute’s technological know-how and reference deliveries, the Shanghai unit’s delivery capability as well as local service and after-care ability in China were factors in closing the deal.
Muling Kemian Wood Products Co Ltd is a subsidiary of the Chinese public company Dalian Kemian Wood Products Co Ltd which is a new operator in the LVL industry.
