The project comes into mobilization stage

The signing in St. Petersburg on November 7, 2016 of the Agreement on the establishment of EPC consortium has become a significant milestone towards the realization of the investment project "Construction of wood-chemical complex in the Yenisei district of Krasnoyarsk region".

Leaders of three companies - Siberwood, China CAMC Engineering Co. Ltd. (CAMCE) and Renaissance Heavy Industries (RHI) intend to create an exclusive and single-purpose consortium for the construction and commissioning of a new pulp mill "Siberwood".

At the meeting, which was held in St. Petersburg, the parties agreed that the Siberwood, being the initiator of the investment project, will develop a greenfield project of a pulp mill and will act as a customer for mill construction.

CAMCE, having many years’ experience in implementation of international construction contracts, namely in providing services of design and construction of industrial objects, will act as a general contractor for the construction of a new pulp mill in the Krasnoyarsk region. In this regard, CAMCE is ready to establish cooperation with a partner having a successful experience of construction works on turnkey basis in the Russian Federation and knowledgeable of the norms of legislation in the field of industrial construction. In its turn, RHI will perform as a subcontractor in this project.

RHI is a member of Renaissance Holding, an international construction company and has necessary competitive advantages of engineering potential, with experience in the implementation of industrial, general and infrastructure projects as well as the required knowledge of construction legislation, and has an extensive practice of work in the Russian Federation.

The sides expressed hope that the joint experience of building unique industrial complex will be successful and will become the hallmark for each side in future.

 

Contact person from LLC “Siber Wood”

Victoria Umanskaya

umanskaya@siberwood.com