The plant is part of the Viobond international project, which involves eight partners from Latvia, Estonia, Finland, Spain and Germany. The project is led by the Latvian company Latvijas Finieris.

"We purchase chemical raw materials, carry out the synthesis process, which results in resins, which are then used in production to make adhesive mixtures that are either glued or impregnated with materials. The essence of the project is to replace some of the fossil resin components with lignin, a by—product of chemical processing of wood," said Janis Tsiems, Chairman of the Management Board of Latvijas Finieris.

Phenol-formaldehydes, which are obtained from minerals, are usually used in the production of synthetic resins. Partial replacement of phenol with lignin makes production more environmentally friendly.

The construction of the plant will cost the company 40 million euros. The construction is planned to be completed next year, and the project will be fully implemented in 2027. Latvijas Finieris plans to sell products in 70 countries.

Source: latvia.news-pravda.com