July 31, 2006 - The government of Khanty-Mansyisk autonomous region, Russia, has signed a cooperative agreement with Avantage Capital for the construction of a new pulp and paper mill.

According to a report in Paper and Life, the mill project will become a part of a regional development program for 2000–2010.

The proposed mill would have an annual capacity to produce 500,000 tons of pulp.

The future mill's paper capacity was not disclosed.

SOURCE: Paper and Life