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Kronospan, the world's largest panel manufacturer, is preparing to spend more than 400 million euros (about 2.7 billion yuan) to build a new panel manufacturing facility for the local furniture industry in Tortosa, Catalonia, Spain factory.

This will be one of the largest foreign investments ever made in the region and will create more than 185 direct jobs and around 1,500 indirect jobs in timber supply, logistics, maintenance and services.

Javier Macicior, general manager of Kronospan Spain, said that this is a 100% sustainable project, in line with the principles of the circular economy. This investment will establish a business cluster of related companies near the new site, which will greatly promote the local economic development.

The new factory will use up to 100 percent recycled wood, mainly from scrap furniture collected by Kronos State suppliers. The new facility plans to receive 100 truckloads of recycled wood a day and wash, crush and process the wood. State-of-the-art particleboard presses will be used during processing, capable of producing 2,000 cubic meters of particleboard per day. The planned production is 720,000 cubic meters per year, which could help reduce the CO2 footprint of the Catalonia region by 720,000 tons per year.

Infrastructure construction has started in February 2022, covering an area of 25 hectares (about 250,000 square meters), including a 40-meter-high cleaning tower and photovoltaic cells for separating wood chips and waste. The heat required for the production process will come from biomass boilers fueled by bark and processed wood waste. Solar panels installed on the factory roof will provide clean and renewable energy to the production line.

Kronospan is one of the most important brands of Krono Wood Group, headquartered in Switzerland. Konuo Wood Group is the oldest and largest multinational wood group in the world. It was founded in 1897 and has more than 20 industrial bases around the world. In the early 1980s, Kronospan concentrated its superior resources to intervene in the field of laminate flooring production. By 1994, Kronospan had become the most professional and first-class board manufacturer in the world. The output of its laminate flooring, high-density fiberboard, medium-density fiberboard, melamine veneer, and OSB board ranks the world's leading position. Kronospan has more than 40 large-scale manufacturing bases in Germany, the United Kingdom, Luxembourg, Poland, Russia, the Czech Republic, Austria and other countries. It is a global product and a global brand.