Oji Paper to invest in RI

Sat, 09 Jun 2001 | Source: AFP

TOKYO (AFX-ASIA): Oji Paper Co Ltd plans to spend Rp 150 billion yen to boost output in Asia over the next five years, the Nihon Keizai Shimbun reported, citing company sources.

The firm aims to invest in Thailand, China, Indonesia and Vietnam and will consider possible acquisitions of local entities, it said.

The company plans to boost its output in the region 20-fold to 1 million metric tons, it said.

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