Pfleiderer AG has announced delays in the construction of a new medium/high density fibreboard (MDF/HDF) plant at its Podberesje (Novgorod) location in Russia.
In a recent statement the company said it was exercising interruption clauses specified in its contracts with machinery suppliers because of considerable delays in the progress of construction attributable to the lead construction contractor.
The future course of the project will be decided after further progress is made in construction, at the earliest at the end of the first quarter of 2009.