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Raute acquires order worth 20 MILLION EUROS from North East Asia

rauteRaute Corporation has received an order for LVL lay-up and pressing lines worth almost EUR 20 million from a North-East Asian customer. The customer’s name will not be released due to the customer’s request.

The machinery and equipment will be designed and manufactured at Raute’s Nastola and Shanghai plants. The deal also includes modern veneer grading equipment to be installed on the veneer drying line to be delivered by a local supplier. The equipment will be supplied by Raute’s Kajaani (Mecano) and Pullman (Metriguard, USA) units.
 
The plant where the lines will be installed uses local softwood as its raw material. Timber-frame construction has increased in some North-East Asian developed areas and this investment will significantly increase the structural long LVL production capacity for the area.

The previous major LVL Technology delivery from Raute to North-East Asia was in 1998, so this can be seen as an opening of a new door. This project is a major reference for Raute. One factor impacting the selection of Raute as the supplier of the LVL lay-up and pressing lines was the ability of the technology developed by Raute to produce LVL reliably and with a good raw material utilization ratio, in accordance with the demanding local standard. Raute’s extensive experience and, in particular references, set Raute’s technology apart from local competitors and confirmed Raute’s leading position in LVL production technology. Raute will publish its net sales and financial performance information for 2017 and outlook for 2018 in the financial statement release on February 15, 2018. This transaction is not included in the December 31, 2017 order book.

The post Raute acquires order worth 20 MILLION EUROS from North East Asia appeared first on WoodAndPanel.com.



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