Borneo Pulp & Paper Sdn. Bhd., a Malaysian based pulp and paper company plans to raise $1 billion to build a mill in the eastern Malaysia.
According to press reports, construction of the mill could start next year and take two years to complete.
Borneo Pulp was incorporated as a joint venture between Asia Pulp & Paper Co. and state-owned Sarawak Timber Industry Development Corp.
Nilo said the planned mill would be capable of producing 750,000 metric tons of pulp and paper a year.
Explore the September 2000 Issue
Check out more from this issue and find your next story to read.
Latest from Recycling Today
- Summa Equity acquires majority stake of Bollegraaf
- PTR adds new inside sales account manager
- Cascade Engineering distributes free carts in Flint, Michigan
- CMRA selects venue for nonferrous recycling event
- Biffa adds C&D recycling firm to its portfolio
- Cliffs lines up funding for Canadian acquisition
- BIR joins plastics life cycle effort
- Black mass analysis in the sights of equipment maker
