Forest / Wood Products

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Sern Kou Resources Bhd 's Souncern Timber Sdn Bhd incorporates two companies

Monday, 24 Mar 2014 08:00pm EDT

Sern Kou Resources Bhd:Souncern Timber Sdn Bhd, subsidiary incorporated two companies.KPK SK Timber Sdn. Bhd incorporated for timber extraction and processing activities.KPK SK Plantations Sdn. Bhd incorporated for plantation purpose.Both companies incorporated with issued and paid up capital of 100 Ringgit each.

Sichuan Shengda Forestry Industry Co Ltd to set up subsidiary

Tuesday, 21 Jan 2014 07:00pm EST

Sichuan Shengda Forestry Industry Co Ltd:Says to invest 10 million yuan to set up a wholly owned subsidiary in Pengshan, which will be engaged in natural gas storage and sales, gas pipeline construction and operation, as well as natural product processing businesses, among others.

Rushil Decor Ltd expands facility

Tuesday, 10 Dec 2013 05:21am EST

Rushil Decor Ltd:Says it is adding the pre lamination facility at its existing MDF board manufacturing unit at Tal. & Dist. Chikmagalur, Karnataka which has started commercial operation in the last year.Says it is also planning to expand its laminate manufacturing capacity at its existing laminate manufacturing unit at Mansa G.I.D.C., Dist. Gandhinagar, Gujarat by 100,000 sheets per month.

TAKASHO CO LTD to Establish New Subsidiary

Wednesday, 20 Nov 2013 01:00am EST

TAKASHO CO LTD announced that it will establish an 80%-owned subsidiary in Tochigi, Japan, which will be engaged in manufacture of exterior products including ever art wood, on December 2, 2013.

Proteak Uno SAB de CV Begins Construction Of MDF Production Plant With Dieffenbacher

Thursday, 7 Nov 2013 10:04am EST

Proteak Uno SAB de CV announced that it has begun the construction of its MDF production plant with a German company Dieffenbacher. It is expected that the plant will be operational in the third quarter of 2015. During the first 18 months the Company and Dieffenbacher will operate the plant together. The unit, which will be located in Huimanguillo in Tabasco, will generate 500 jobs.

Sichuan Shengda Forestry Industry Co Ltd's Subsidiary to Set up Subsidiaries in Sichuan

Monday, 28 Oct 2013 08:00pm EDT

Sichuan Shengda Forestry Industry Co Ltd announced that its Sichuan-based natural gas subsidiary will set up two wholly owned subsidiaries in Sichuan, which will be engaged in natural gas technical consulting and service, pipeline investment consulting and service as well as gas engineering businesses, with a registered capital of RMB 10 million respectively.

Sichuan Shengda Forestry Industry Co Ltd to Set up Subsidiary

Friday, 11 Oct 2013 08:00pm EDT

Sichuan Shengda Forestry Industry Co Ltd announced that it will invest RMB 50 million to set up a wholly owned subsidiary in Guizhou, which is engaged in natural gas storage and sales, pipeline planning, construction and operation, project construction and management, natural gas product processing and liquefied natural gas (LNG) production, sales and storage, among others.

RusForest AB Secures Bank Financing for Wood Pellet Project in Arkhangelsk

Wednesday, 25 Sep 2013 02:50am EDT

RusForest AB announced that the Company has secured bank financing for the wood pellet plant under construction in Arkhangelsk. The financing that was received from CentroCredit, a Russian bank, will be used to purchase the pellet equipment and finance construction and installation. The financing consists of two tranches. The first tranche amounts to EUR 4.9 million and carries an effective annual interest rate of 7%. The second tranche amounts to RUB 170 million (approximately EUR 4 million) and carries an effective annual interest rate of 13.5%. Both tranches have a five-year maturity. The Company expects the pellet plant to be operational during the first quarter of 2014.

Bergs Timber publ AB Invests in New Production Line; Investment to Be Financed through Bank Loan and Own Resources

Wednesday, 18 Sep 2013 09:00am EDT

Bergs Timber publ AB announced that the Company has decided to invest approximately SEK 27 million in a new production line for small logs at Morlunda facility. It will be financed partly from the Company's own resources and partly through a bank loan of SEK 10 million. The production line is expected to be operational in spring 2014. The investment will increase Morlunda's capacity by approximately 40,000 cubic meters to approximately 110,000 cubic meters.

Greenply Industries Ltd Announces Incorporation Of Subsidiary In Singapore

Wednesday, 4 Sep 2013 07:29am EDT

Greenply Industries Ltd announced that it has incorporated a subsidiary Company named Greenply Trading Pte Ltd. in Singapore and the said subsidiary will market the products of the Company in Singapore and its neighboring countries.

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