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Baikal pulp and paper joint-venture is expected in September to stop production

Number of visits: Date:8/15/2013 07:06:47 PM
Demiteli·sheyi, General Manager of Bank for Foreign Economic Affairs engineering company when in an interview with the Russian news agency said the Government announced the closure of joint enterprises will be held in September on the Baikal pulp and paper production.
 
  In February, Russia Government decided to gradually shut down the Baikal pulp and paper Consortium, moved to other production companies. When foreign banks were a major paper mill loan, Bank for Foreign Economic Affairs engineering company responsible for studying the problems of production and revegetation.
 
  In order to solve the existing problems of foreign economic Bank for paper mill loan of 3.6 billion roubles. Lender on closing paper mills subject in late July.
 
  He said: "according to our calculations, September 1 storage device requires 3 months, another 2 years to gradually shut down the factories, taking into account all ecological requirements to comply with. "
 
  He said, the current Bank for Foreign Economic Affairs said that a joint engineering company and Siberia to develop programmes to close the paper mill.

TypeInfo: Industry News

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