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Japanese intend to recycle Yakut wood - EastRussia | Far East

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The Japanese intend to process the Yakut wood

The Japanese intend to process the Yakut wood
Photo: www.investvostok.ru

The Japanese biofuel-based electricity company IREX plans to recycle waste from woodworking in Yakutia. Foreigners held talks with regional authorities and Yakut companies.

The website of the Far East Investment Promotion and Export Support Agency reports that it is planned to launch pellet production at the Far Eastern Federal District. Now they are looking for a place to host the enterprise. To create products will use the waste of woodworking enterprises from several regions. The total investment amount is 6 billion rubles. They want to export fuel granules to Japan in order to close the need for power plants operated by IREX.

Investors plan to consume up to 2 million tons of fuel pellets per year. Yakutia will be able to supply 160 thousand tons of raw materials. Investors want to involve the region in the development of a feasibility study. It is likely that in the future, a modern timber processing complex may appear in Yakutia.