Gabon Timber Started Production Of Face Veneer At Its Unit In Gabon

Malchand & Sons Group, a leading producer of wood panels and plywood in India, has entered into face veneer manufacturing in Gabon and started its commercial production there. The plant has been set up in NKOK, SEZ spread in over 3 hectares of land. The production unit has installed capacity of 120 cubic meters per day. The Gabon operation of the company under Gabon Timber Industry ZERP, has achieved 50 percent capacity within a month of start of production. Initially, they have installed 3 peeling lines with dryers and other machineries but they have built an Infrastructure capacity in a way that they can handle input of 200 CBM per day and can supply 3 containers per day to India Market.

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Okoume Face Veneer Supply To Improve By February 2019

Okoume Face Veneer is now a widely accepted in India but since the transition from Gurjan to Okoume began taking place, the prices of Okoume kept rising. Logistic is a big issue at Gabon libervile port and it has been a continuous challenge for regular flow of shipments to India. According to report during last few weeks, adequate quantity of Okoume Face Veneer Vessels are on way to Indian shores. The containers are expected to start arriving from mid January and continue to arrive till February March.

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Rising Formalin Prices Increases Plywood Cost

Rupee has tumbled down to all time low against dollar, which has pushed up the rates of entire range of imported materials. Formaldehyde prices reported to up more than 10%, has fuelled the input cost of entire plywood manufacturing, which has been reeling under pressure due to high timber prices and weak demand. Industry says that their cost of manufacturing has gone up due high prices of all imported raw materials such as Formalin, Phenol, Melamine and Face Veneer.

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