Tan Mai Paper JS Company breaks ground for new paper and pulp mill in Quang Ngai

03:07, 03/07/2010

(ĐN)- Tan Mai Paper Joint Stock Company on Friday, broke ground for its new pulp and paper mill in Quang Ngai province which is a key national project approved by the Prime Minister.

(ĐN)- Tan Mai Paper Joint Stock Company on Friday, broke ground for its new pulp and paper mill in Quang Ngai province which is a key national project approved by the Prime Minister.  Deputy Minister of Industry and Trade Ho Thi Kim Thoa, Secretary of the Quang Ngai Provincial Party Committee Nguyen Hoa Binh and Chairman of the Provincial People’s Committee Nguyen Xuan Hue attended the groundbreaking ceremony.

Vietinbank (R) and Tan Mai Group (L) sign a US$ 56.3 million credit agreement for construction of new pulp and paper mill.

The mill, covering 45 hectares in Binh Son District in Quang Ngai Province, will be able to annually churn out 130,000 tons of pulp and 200,000 tons of paper. Tan Mai will spend over VND2.2 trillion developing the project, in which, more than US$ 56.3 million will be financed by Vietnam Bank for Industry and Trade.

Construction of pulp production line is expected to be complete in 2012 and paper production line to be complete in 2015. The pulp and paper making equipment are sourced from Canada.

Feedstock for the forthcoming facility will come from 68,000 hectares of forest planted by local farmers in six mountainous districts  of Quang Ngai.

On this occasion, Tan Mai Paper Company and its contractors donated VND 550 million to build a health station in Binh Son district’s Binh Long commune and presented VND 100 million for the poverty reduction fund in Ba To district.

Reported by Xuan Phu