BEIJING, July 4 (Xinhua) -- Qifeng New Material Co.,Ltd. (002521.SZ) announced late Tuesday that it had inked project roadmap with Kazakh Invest National Company and Taldy Kurgan to build a 200,000-tonne reed pulp paper project in Kazakhstan
Investment in the project is estimated at 160 million U.S. dollars.
The project could utilize reed resources in Kazakhstan and refine the company’s strategic layout to better advance the internationalization of the company, according to Qifeng New Material. (Edited by Niu Huizhe, niuhuizhe@xinhua.org)
A single purchase
