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International Internet Magazine. Baltic States news & analytics Tuesday, 21.08.2018, 01:10

Minister: developers of pulp mill project in Estonia can't count on rise in allowable cut

BC, Tallinn, 12.10.2017.Print version
The developers of the large pulp mill project in Estonia must reckon with the exiting size of prescribed cut and keep in mind that if they are building capacities for more, the missing amount will have to be imported, Minister of Entrepreneurship and Information Technology Urve Palo said, cites LETA/BNS.

"They can have no expectation or grounds to believe that when they need more raw material, someone will start increasing prescribed cut in Estonia," Palo said in parliament, adding that the missing amount would have to be imported.


The minister described giving value-added to the wood cut in Estonia as important for the Estonian economy and environment. She said that in 2015, 83 percent of the coniferous pulpwood cut in Estonia and more than 60 percent of non-coniferous pulpwood cut in Estonia was exported.


"We are exporting it without giving value-added to it. We just cut it and export as round timber," Palo said. The minister said that the pulp mill has set its sights on the pulpwood that is exported at present.


"We all will gain from this and get richer," she said.


Est-For Invest, a company of Estonian businesspeople with a background in wood industry, is planning to set up a one billion euro pulp mill near Tartu in southern Estonia that would process approximately 2.5-3.3 million tons of pulpwood a year and export its output.


According to the initial forecast, the mill would start production in 2022. The planned average production capacity is up to 750,000 tons of bio products a year.

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