In our opinion Estonia needs a modern bioproducts production complex for adding value to timber and Ida-Viru County has the prerequisites for establishing such a facility. The complex would help us take a step forward in diversifying the economy in Estonia and Ida-Viru County and fulfilling the environmental goals, while also meeting the constantly increasing global demand for a more extensive use of bioproducts.
We are convinced that adding value to Estonian pulpwood is more expedient, reducing the current export from Estonia and the extensive incineration of timber to produce energy. We will valorise pulpwood in the volume allowed by the Estonian Forestry Management Plan. We shall cover the raw material need of the production complex from local resources as well as wood imported from Latvia and Lithuania.
The planned production complex will have a great role in increasing the diversity of the business environment of the region, but above all it will be a big step towards creating a biochemistry cluster. Global demand for bioproducts is ever increasing. We believe that the development of this economic sector is beneficial for the Estonian forestry, the Estonian economy, the Estonian science and the Estonian people.
Our aim is to develop this project in cooperation with the local residents, honestly and openly. We believe in the necessity of the project as well as in it creating value for all the parties – the local community, the local government and the state and the developer.