Wednesday, May 24, 2023
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Raute Corporation has signed a contract worth EUR 44.6 million with the THEBAULT Group, France for the technology delivery of a new greenfield LVL (Laminated Veneer Lumber) production plant. Following the terms of the contract, the project has become effective by the signing of a delivery contract.
The plant, which will be the first LVL plant in France, will eventually produce 100,000 m3 of LVL entirely ”Made in France”, with this agreed delivery covering a first phase at 70,000 m3.
The order for Raute’s technology includes all the production processes from veneer peeling to LVL billet handling, including extensive service package. The lines are a complete solution compiled of the latest most automated R7-Series technologies.
The ordered machinery and equipment will be delivered during 2024. They will be manufactured at Raute’s production units in Lahti and Kajaani in Finland, and in the company’s partnership network.
This new plant, which will be in full operation in 2026, is part of THEBAULT’s development to extend its offering particularly to the construction industry. Driven by a fast-growing market, this French production of engineered wood products will expand the offer of bio-sourced materials contributing to the decarbonization of the building sector.
THEBAULT is our long-term customer, and we are very pleased to continue our close partnership with them on this new project. Raute is committed to provide its latest innovations and complete end-to-end expertise to build a new world-class LVL plant for THEBAULT, says Mika Saariaho, President and CEO of Raute.
After partnering with Raute for three generations of our family history, collaborating again with Raute in this important investment for our company is a guarantee for success and sign of trust, because Raute is the only equipment supplier in the world able to design, engineer and build the equipment for all processes in an LVL plant, says Antoine THEBAULT, President and CEO of THEBAULT Group.
The THEBAULT Group, a family-owned industrial company, is the leading French plywood manufacturer with annual production of 125 000 m³ making almost 50% of the total domestic plywood production and ranks among the top five European producers. 70% of the produced plywood is exported, mainly in Europe but also in the rest of the world.