Aftenposten: Norske Skog sees future in China
"Norwegian forest products firm Norske Skog has seen the future, and it's in China. Catching flak at home for seeking to shut down a paper plant in Skien, the company basked in the glare of TV lights in China, where it has opened the world's largest newspaper production facility."
"Norske Skog chief executive Jan Oksum could enjoy some positive reinforcement around him, instead of the criticism he's had in Norway. His company's new plant 280 kilometers south of Beijing, in Shijiazhuang, will produce 330,000 tons of newspaper print to Chinese customers."
China is the world's third-largest consumer of newspaper print, and the market is growing by 7-8 percent a year," Oksum noted.
Built on a former cornfield, the Hebei plant will make Norske Skog the world's largest producer of newspaper in the world. It's owned by PanAsia, in which Norske Skog holds 80 percent and Hebei Longteng Paper Corp of China holds 20 percent."
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