The new line is due to commence operation in the second half of the year and will be able to produce 350,000m3 of chipboard each year, with the existing machinery continuing to manufacture 70,000m3 of MDF every 12 months.
Wood panel maker Sonae‘s decision to invest heavily in the White River facility may be due to the financial success that the company enjoys in South Africa, with financial analysts stating that 30% of its earnings before interest, taxes, depreciation, and amortisation came out of the country.
