International Paper to invest $150mln in pulp production
In mid-2007 Svetogorsk Pulp and Paper Plant JSC owned by International
Paper corporation intends to commission new bleached pulp production
facilities to manufacture paper and cardboard.
The company's General Director Sergey Pondar said that output of the
facilities would be 200,000 tonnes of pulp per year. Price of the project
totaled around $150mln, Vedomosti reported.