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SVEZA Company has completed test of plywood produced under Mark III System for liquid natural gas (LNG) transportation and storage

March 6, 2019

SVEZA Group will become the sole plywood producer in the Russian Federation market certified under basic Gaztransport & Technigaz (GTT) systems.

SVEZA Group has successfully passed tests of plywood produced under Mark III System. Currently, the company anticipates receiving the product approval certificate, as it will allow supplying plywood manufactured under such system in a wide range of thickness, from 9 to 92 mm. After obtaining it, SVEZA Group will become the sole plywood producer in the Russian Federation market certified under basic GTT systems.

At this point, the company has already been certified and is now releasing products under GTT NO96 and NO96-L03 & L03+ systems. The new status will allow SVEZA to enhance cooperation with the biggest shipyards in the world, for example Korean Samsung Heavy Industries, Daewoo Shipbuilding & Marine Engineering, Hyundai Heavy Industries and Chinese Hudong Zhonghua, and increase sales in the LNG segment as consequence. The company seeks to expand the share of specialized products designed for specific needs of concrete industries and clients, as well as to develop new markets.

For plywood produced under Mark III system, a curated birch veneer is used. Thus, the highest level of plywood product strength and the entire system reliability degree is ensured. SVEZA Gas plywood sustains cryogenic temperatures (-160°С) and the boiling point. Plywood adhesive line is able to withstand loads exceeding 100 tons per m2.

“We are proud that the Russian manufactured plywood product is used now when building gas supertankers. We have an order portfolio formed for all systems, strong links with end producers in Korea and China. The liquid gas consumption is growing, as fuel for merchant ships inter alia, opening thereby new opportunities for business development in such segment”, as commented by Julia Ermakova, SVEZA Marketing Manager.

For production launch, additional investments were made in equipment and a great number of works and tests performed. Designs have passed 2 groups of tests in a specialized laboratory in France and demonstrated the full compliance with the highest international quality standards.

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About GTT

GTT (Gaztransport & Technigaz) is an engineering company expert in containment systems with cryogenic membranes used to transport and store liquefied gas, in particular LNG (Liquefied Natural Gas). For over 50 years, GTT has been maintaining reliable relationships with all stakeholders of the gas industry (shipyards, ship-owners, gas companies, terminal operators, classification societies). The company designs and provides technologies which combine operational efficiency and safety, to equip LNG carriers, floating terminals, and multi-gas carriers. GTT also develops solutions dedicated to land storage and to the use of LNG as fuel for the vessel propulsion, as well as a full range of services.

GTT is listed on Euronext Paris, Compartment A (ISIN FR0011726835 Euronext Paris: GTT) and is notably included in SBF 120 and MSCI Small Cap indices.

For more information, visit www.gtt.fr

 

About SVEZA

SVEZA is a Russian company, a world leader on the birch plywood market. SVEZA products have won the trust of consumers in 80 countries across five continents. They are used in the construction of skyscrapers and Olympic facilities, in manufacturing long-distance trailers, high-speed trains and LNG carriers, and for creation of eco-friendly furniture and stylish interiors. SVEZA is supplier no. 1 for monolithic construction projects in Russia.

SVEZA produces 1.4 million m3 of high-quality products, including plywood and chipboards.

SVEZA has been operating in Russia since 1997. During these years, the company has performed the upgrade and large-scale enhancement of its production facilities using the most advanced technologies and equipment. SVEZA creates up-to-date workplaces in Russian regions where dynasties of experienced masters are laboring.

SVEZA responsibly uses forest resources, as confirmed by international certificates of FSC (Forest Stewardship Council®, an international non-profit organization, dedicated to promoting environmentally responsible forest management).

SVEZA includes SVEZA-Les LLC (supplier) and mills of commodity manufacture: in St. Petersburg, Vologda, Sverdlovsk, Tyumen, Kostroma (2 mills) Regions, as well as in Perm Territory. Mills are in locations traditionally rich in birch forests. Suitable geographic location of mills ensures the optimal logistics.

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