RUSSIA PRESERVATIVES
December 1st, 2004
BY KEITH NUTHALL
THE GROWING demand in Russia for urea-formaldehyde concentrate (UFC) to bond wood fibre materials has sparked a US$18 million loan from the European Bank for Reconstruction and Development (EBRD). This six-year financing will enable manufacturer JSC Metafrax to build the UFC plants "needed to meet the growing demands of the Russian wood-processing industry", said the EBRD.
THE GROWING demand in Russia for urea-formaldehyde concentrate (UFC) to bond wood fibre materials has sparked a US$18 million loan from the European Bank for Reconstruction and Development (EBRD). This six-year financing will enable manufacturer JSC Metafrax to build the UFC plants "needed to meet the growing demands of the Russian wood-processing industry", said the EBRD.
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