The group of companies Sintez will build a pellet plant with an annual capacity of 100,000 tonnes in western Russia, Bryansk Oblast region. The investment will reach 1 billion rubles (EUR 20,1 million) and 500 people will be employed at the site.
This month, another company announced plans to build a pellet plant in Russia. Asia Les Ltd., located in Eastern Russia, will start production of pellets from sawmill wastes with a capacity of 70,000 tonnes by 2015. The new pellet line will be build at the company's sawmill in Khabarovsk region.