Vietnam Paper to Build 250,000 Ton Pulp Mill
Nov. 21, 2006 - The Vietnam Paper Corporation (Vinapaco) has plans to build a 250,000 ton per year pulp production line at the Bai Bang Paper Factory in northern Phu Tho province.
The company is in the process of finding a contractor for what will be a turn-key project.
Raw material for the the new pulp line will come from eucalyptus, acacia and snowbell forests in Phu Tho, Yen Bai, Vinh Phuc, Tuyen Quang, Ha Giang and Son La provinces, and Vinapaco's 16 plantations.
After start-up, pulp from the new unit will be used at the mill and other Vinapaco plants.
Currently, pulp produced locally only meets 37 percent of the Vinapaco mills' demand, the comapny said.
Over the past 10 years, Vietnam's paper sector has seen an annual growth rate of 15-16 percent, turning out 824,000 tonnes of paper products per year, meeting nearly 62 percent of the domestic paper demand.
SOURCE: Viet Nam Net