OREANDA-NEWS. July 05, 2012. Kronospan Belarus wants to build the Euro 102 million facility beside an existing chipboard mill on a former tractor site as part of Kronospan's ongoing investment in the country. Much of the output would be for export, as TTJ reported.

The European Bank for Reconstruction and Development (EBRD) has passed for final review by the board a loan of Euro 40 million.

The plant will have an annual capacity of 224,000 cubic metres. Part of the output will be used for further production of up to 5 million square meters of melamine-faced MDF and 5 million square meters of laminate flooring.

The combined site will consume up to 1.6 million cubic metres of raw material, a substantial part of which will be low grade round wood, as well as wood waste from a 200 km radius.