OREANDA-NEWS. August 06, 2013. In January-June 2013, Lesozavod 25 sawmill (Arkhangelsk, Russia, member of the Titan Group) increased export lumber production in Tsiglomen (the district of Arkhangelsk) by 21.9% to 66.74 million m3 year-on-year, the group said in statement.

The total volume of saw log processing by Titan Group increased by 6.6% to 388.4 million m3 compared to the same period last year.

As previously Lesprom Network reported, on August 27, 2013 Titan has opened the new sawmill in Tsiglomen. The project was approved by the Ministry of Industry and Trade of Russia in January 2013, as a priority investment project in forest industry. The total investments in new facility were USD75.7 million.

According to the group, the volume of saw log processing by Lesozavod 25 should grow by 35% and reach more than 1 million m3 per year. The volume of lumber production is planned to increase to 500 million m3 per year.