New 185 million USD paper mill planned

16/05/2008 -- 11:25 AM

Quang Ngai (VNA) – The Dong Nai-based Tan Mai Paper Joint-Stock Co has unveiled a plan to build a major paper and pulp plant in the central province of Quang Ngai . The paper mill, to be built in Binh Son District’s Binh Long Commune close to Dung Quat Economic Zone, will produce 200,000 tonnes of paper in addition to 130,000 tonnes of pulp per year. With an investment of 3 trillion VND (185 million USD), products from the new plant will replace imported paper on the local market. Part of the mill’s production will be for export. The mill, when operational, will help curb the shortage of paper in the local market and at the same time, offer employment opportunities to thousands of workers in the central region, said the chairman of Quang Ngai People’s Committee Nguyen Xuan Hue. The company is applying for a license for the paper mill project, the provincial authority said following a meeting between the company’s management board and Quang Ngai People’s Committee earlier this week.-Enditem
Send this page	Print

Top brands to shine at Gold Star Awards (16/05/2008)

Seafood sector angles for Egypt (16/05/2008)

Dollar stays up against dong (16/05/2008)

Taiwan invests in real estate, fertiliser production (16/05/2008)

Vietnam ranks fourth in rubber export (16/05/2008)

EU continues support of local firms’ competitiveness (15/05/2008)

Haseco passes plan to issue 12 million shares (15/05/2008)

India accuses Vietnam firms of dumping textiles (15/05/2008)

Businesses learn how to thrive in Europe (15/05/2008)

VN plans more exports to Africa, Mideast (15/05/2008)