Nine Dragons to spend nearly €700m on capacity expansion in Malaysia

Sales and paper deliveries reach record highs in fiscal first-half 2021

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Nine Dragons, China’s largest paper producer, is planning a massive investment program in Malaysia. The Hong Kong-based company, which currently generates more than 90 per cent of its sales in China, plans to invest CNY5.4bn (around €697m) to purchase and build new pulp and paper capacities, announced the ...

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