Turkish conglomerate Eren Holding has secured a substantial $850 million loan to finance the construction of a $1.3 billion paper mill in Wales.
The facility, set to produce containerboard and tissue paper, represents a significant boost to UK manufacturing and marks a counter-trend to declining foreign direct investment in the sector. Eren aims to transform the UK from a net importer to a net exporter of containerboard.
This article published by Bloomberg explores the details of Eren Holding's investment, its implications for the UK manufacturing landscape, and the broader context of foreign direct investment trends in Europe.
