China’s Sun Paper will enter the tissue market, according to Euwid Pulp and Paper. The company will set up a joint venture with Yanzhou Xudong, and plans to install two new tissue plants.
Sun Paper plans to invest around RMB30m (almost €3.7m) in the installation of its first two facilities at a site in Yanzhou City in Shandong province. The two plants will have a combined capacity of 120,000 tonnes of tissue.
The project is still subject to Chinese regulatory approval.
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