Accsys to build Tricoya wood chip plant in Hull, UK
UK-based Accsys has entered into agreements to build, operate and finance the world’s first Tricoya® wood chip manufacturing plant in Hull, UK, progress with the expansion of its Accoya® plant in the Netherlands.
Accsys has carried an update on trading, with sales volumes of Accoya® reaching 31,599 cubic metres in the ten months from 31 March 2016 to 31 January 2017, an increase of approximately 20% compared with the same period in the previous year.
Paul Clegg, Chief Executive, commented: “We are delighted to update our shareholders on these two transformational projects to secure new manufacturing capacity for Tricoya® wood elements and additional capacity for Accoya® solid wood. These developments will allow us to take advantage of the growing market opportunity for both Tricoya and Accoya which we believe to be substantial with demand continuing to grow for both products.”