Portucel puts up tissue subsidiary for sale

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Portucel S.A. of Portugal is offering its subsidiary FAPAJAL (Fábrica de Papel do Tojal S.A.) for sale to domestic or international investors. FAPAJAL, located about 30 km from Lisbon, is operating two machines with a total capacity of 7,200 t tissue per year and of 17,000 tpy of printing and writing paper. In 1998 ...

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