Saigon Paper starts operation new paper mill in Q4

Cao Tien Vi, chair of management board in Saigon Paper Joint Stock Co announced that the company’s My Xuan 2 project was expected to be finished and put into operation in Q4 of 2011.

The new paper mill is sited in an area of 8.33 hectares, with total investment capital of 2 trillion dong.

After operating the new paper mill, the company expected to raise production capacity by three times higher than the current one.
In the coming five years, Saigon Paper planned to reach total revenue of 4 trillion dong.

The company will hold its annual general meeting on April 27, 2011, in which Saigon paper producer will release information about the strategic partners from Japan. – Dau tu chung khoan

Tags: Saigon Paper

Posted by VBN on Apr 22 2011. Filed under Industry. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry