APRIL Group invests $2.3 billion in paperboard factory in Indonesia's Sumatra

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Pulp and paper maker Asia Pacific Resources International Ltd (APRIL Group) on Tuesday began construction on a 33.4 trillion rupiah ($2.33 billion) paperboard production facility on Indonesia's Sumatra island, the company said.

The factory will be part of APRIL's operations in Riau province and have the capacity to produce 1.2 million tonnes of folding box board annually that is fully recyclable and biodegradable.


Source: MarketScreener


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