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Ecopalm Paper to build large "tree-free" plant in Malaysia
A Malaysian company is investing USD257.8 million in an 'eco-friendly' paper factory that use biomass waste from palm oil production. Ecopalm Paper plans to develop it corrugated paper plant in Pekan, Pahang, in three-phase. According to the company there is a rising demand for eco-friendly packaging due to stricter regulations in countries like Japan, Europe and the EU.
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Chinese green firm announces German IPO plan
Youbisheng Green Paper, the German holding company of a Chinese clean-tech linerboard maker, aims to list in the Prime Standard segment of the Frankfurt Stock Exchange in the third quarter of the year, Reuters reported today.
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