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Raute Corporation signed a EUR 20 million contract with AmberBirch, SIA of Latvia for technology delivery of a birch veneer production plant expansion with 60,000 m3/a capacity. Equipment will be delivered between end of 2024 and beginning of 2025.
Raute Corporation has signed a EUR 93-million contract with Metsä Wood to deliver technology for a new Kerto LVL mill in Äänekoski, Finland. The mill will have an annual capacity of 160,000 cubic meters.
Raute signed a EUR 29 million contract with AS Latvijas Finieris to deliver technology for expanding the Verems plywood factory in Latvia, increasing capacity by 35,000 m3. Equipment will be delivered between March 2024 and June 2025, with full operation in 2025.