The hottest Pan Asia Paper invested in Hebei to bu

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Pan Asia Paper invested in Hebei to build a new paper mill

has jointly invested with Hebei Longteng paper company to build a new paper mill in Hebei Province, according to the report. According to the agreement, Pan Asia will hold 63% of the shares in the project and Hebei Longteng will hold 35%. The new plant is named "Hebei Fanya Longteng paper company". The factory will break ground in the fourth quarter of 2003 and put into operation in the third quarter of 2005, with a total investment of US $300million. Among them, Dove chocolate has a moth, with a design annual output of 330000 tons. It will all use recycled fiber to produce paper. According to the president of Pan Asia, the plant will be the most cost-effective paper mill in the world, with an investment cost of $1000 per ton of paper. Pan Asia paper is a joint venture between Norske skogindustrier and Abitibi consolidated, with 50% shares each

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