Shandong Chenming to invest big in viscose plant

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Shandong Chenming Paper Holdings plans to invest RMB11.4bn (around €1.5bn) to build a production facility for viscose staple fibre and several chemicals. The plant will come up in Huanggang in China’s Hubei province and will be able to produce up to 500,000 tpy of viscose fibre, the group informs in a stock ...

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