SHANGHAI :
Chinese Paper to Invest USD1.5 Billion in New Mills in Far East Russia
Xu Wei
DATE:  Nov 30 2017
/ SOURCE:  Yicai
Chinese Paper to Invest USD1.5 Billion in New Mills in Far East Russia Chinese Paper to Invest USD1.5 Billion in New Mills in Far East Russia

(Yicai Global) Nov. 30 -- The Russian Far East Bureau for Attracting Investment and China Paper Corp. have signed a deal to jointly develop pulp and paper mills in Khabarovskiy Kray with a total investment of USD1.5 billion, Sputnik News reported yesterday.

The mills will produce a combined 500,000 tons of pulp per year, creating at least 500 new jobs news said.

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Keywords:   RUSSIA,China Paper