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Friday, April 26, 2024

San Group to speculate $100M in 4 forestry-based initiatives

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From left: San Group homeowners Kamal Sanghera (CEO), Suki Sanghera (president), and Paul Deol (vice-president, manufacturing) stand the place their new small-diameter mill will reside, on the identical web site as a big diameter mill the corporate bought in 2017, situated simply exterior of city Port Alberni, B.C. Photograph by Adam Kveton.

Earlier this month, San Group introduced it should make investments $100 million into its Port Alberni, B.C., forestry operations within the subsequent yr.

The funding contains $50-$60 million for an settlement to ship lumber by way of container ships from Port Albertni’s deep sea port, stories Alberni Valley Information. The corporate will even make investments $15 million in its Coulson sawmill for a brand new second line that may course of small, low-grade or odd-shaped logs.

In the meantime, one other $15 million will assist transfer San Group’s remanufacturing facility within the metropolis into part 4, including extra automation and CNC know-how.

Lastly, one other $15 million can be invested within the San Specialty Sawmill to create a biomass facility that may use the shavings and sawdust from San Group’s operations. The corporate plans to show any wooden waste that can’t be used of their amenities or the neighboring Paper Excellence paper mill into wooden pellets.

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Rachel Ha
Industrial and agricultural product enthusiast. Expert on Vietnam economy. Focus on FTA agreements between Vietnam and other countries.
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