World News | 9
Production starts at US Accoya plant
Kronospan completes acquisition of Latvian cargo terminal in Riga
SIA Kronospan Riga has completed the acquisition of KS Terminal Ltd, the fourth largest cargo terminal in the Port of Riga.
Above (from left): Steve Crawford, executive vice-president, manufacturing and chief sustainability officer, Eastman: Jelena Arsic van Os, CEO Accsys; Paul Mitchell, director business development, Eastman; Rod Graf, general manager Accoya USA; Mark Bogle, VP global operations excellence, Eastman
Accoya USA, the first ever US Accoya manufacturing site is now commercially operational. The production facility, a joint venture between Accsys and Eastman Chemical Company, replicates the design and technology of Accsys’ established production facility in the Netherlands and has an initial capacity of 43,000m3
.
The site creates 46 skilled new jobs in Kingsport, Tennessee. “This important international expansion is a huge milestone for Accsys and Accoya USA,” said Dr Jelena Arsic van Os, CEO of Accsys Technologies plc. “We have created a supply proximity to our North American customers allowing us to efficiently serve the largest and the most attractive wood market in the world with the most durable and stable wood product available in the marketplace.”
“With the growing trends for timber in construction and the increasing demand for wood products, we are excited by the opportunities for Accoya USA,” said Brad Lich, executive vice- president and chief commercial officer of Eastman. “Accoya offers unrivalled performance in outdoor applications, providing sustainable and
durable solutions that meet the evolving needs of consumers and builders alike.” “We’re so excited for customers to start receiving Accoya batches manufactured in Tennessee, which allows us to provide faster delivery and enhance reliability and service,” added Rod Graf, general manager of Accoya USA. “The production team is well set to produce Accoya to the same high-performance standards the market has become accustomed to.” Accoya demand has been growing in North America, with the product having been specified for some high-profile projects, including the zero carbon Marisol Malibu, the restoration of Minnesota State Capitol and the Rivington Hotel, Manhattan.
As part of the joint venture,
Accsys leverages Eastman’s world-class acetyl production capabilities to produce its Accoya wood products, supporting the recycling of acetyls and enabling a closed-loop system, reducing emissions, and ensuring circularity. This adds to the already strong environmental credentials of Accoya, which is Cradle to Cradle Certified Gold.
With this acquisition, SIA Kronospan Riga has become the 100% shareholder of KS Terminal Ltd. This new control will strengthen Kronospan’s operation in northern Europe and open up new strategic opportunities for the further growth of the port terminal. At the end of July, the cargo vessel Spanaco Adventure arrived at KS Terminal with the aim to deliver the wood-based panels produced at Kronospan Riga to the US.
The vessel carrying 40,000m3 of particleboard set sail for
the ports of Baltimore and Houston. It is planned that Kronospan will commission regular cargo transportation from Riga port to the US. “The entry of a major global player such as Kronospan into the service providing business of the Port of Riga is undoubtedly a very positive factor,” said Ansis Zeltinš, the Freeport of Riga CEO. The largest cargo groups handled at KS Terminal are timber, agricultural bulk, chemical bulk and stone rubble. Timber accounts for around one third of the its total cargo volumes and has seen a significant increase in transhipment volumes over the last six months.
CROSSCUT SAWS
tel: +44 (0)115 986 5201 email:
info@daltonswadkin.com
www.daltonswadkin.com
www.ttjonline.com | September/October 2024 | TTJ
World News
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