Red Stag Timber planning to build CLT works by mid-2019

22.03.2018 − 

New Zealand Red Stag Timber is planning to build a cross-laminated timber (CLT) works with an annual capacity of around 55,000 m³ at its headquarters in Rotorua. According to release published by the company via BusinessDesk on 8 March, the cost of the investment will be approximately 20m NZD. The new works is to be run as part of the “Wood Solutions” division in future. The start-up is scheduled for mid-2019 with the facility’s full capacity being reached within the space of two years, said CEO Marty Verry.

The plans for the CLT works are still subject to confirmation of the draft standard by the New Zealand Ministry of Business, Innovation and Employment. The draft standard prescribes full chemical treatment of CLT. The CLT project is part of an 120m NZD investment plan set out by Red Stag in 2014.

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