The prospect of an annual consumption of more than 30,000 tons of WPC in Russia and projected annual growth rates of up to 9% might have lured the Russian investment and industry holding company GS Group into an industry investment in the country: For RUB 200 million (€ 2.7 million), the company will set up a production plant for granulated wood-plastic composite (WPC) as well as extruded and injected end products in Ulyanovsk/RU. „The GS Composite plant will be the first in Russia to apply a technology for producing composite mixture with a significant proportion of hard plastic - polyethylene terephthalate (PET)”, the company claims in a press report.
According to experts, the volume of the Russian wood-plastic composites market is around 20,000 tons per year, of which over 40% are imported.
In the first quarter of 2024, West Fraser of Vancouver/CA generated US-$1.6 billion (€1.5 billion) in sales and reported earnings of US-$35 million (€32.7 million).
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In April, the German wood packaging, pallet and export packaging industry recorded month-on-month increases in the purchase prices of solid wood and OSB. Only the purchase price of plywood fell...
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According to the German wood packaging, pallet and export packaging association (HPE), the original draft version of the EU’s Packaging and Packaging Waste Regulation (PPWR) failed to include the...
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In January and February, Germany imported 6.7 million pallets, i.e. 31% fewer than last year. In exports, a decrease of 15% was recorded, which brought the total number down to 4.1 million pallets.
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