Kuratle Group and Raurica Wald build timber factory in Aargau
A wood processing plant is to be built on the former premises of Luzerner Chemie- und Papier-Holding (CPH) in Full-Reuenthal. CPH has sold the corresponding land to Full Property AG of Kuratle Group and Raurica Wald.
A sustainable production facility for wood processing is to be built on the former premises of the CPH Group in Full-Reuenthal, the Lucerne-based chemical and paper holding company informs in a statement. It has sold a plot of land on the site, which it used until 2002, to Full Property AG. The company is owned by the wood-processing Kuratle Group from Leibstadt AG and the Basel-based Raurica Wald AG, which specialises in investments in the forestry and timber industry.
The new plant will process local roundwood into construction timber using energy from renewable sources. Until now, such timber construction materials have been imported, the statement said. “We are pleased that innovative companies that contribute to climate protection with a sustainable business concept are operating on our former company site,” Peter Schildknecht, CEO of the CPH Group, is quoted there. Several companies, including two recycling firms, have already set up shop on the former CPH production site, which covers an area of around 30 football pitches.