Kumar Birla to invest $350 mn in Laos pulp plant |
Our Corporate Bureau / Mumbai March 18, 2006 |
The Aditya Birla group will invest $350 million in Laos to develop plantations and a pulp plant for its viscose staple fibre business. In a statement, the group said it planned to raise eucalyptus plantations for feeding its proposed pulp plant and aimed at having the set-up ready in seven years. The pulp produced in Laos will be exported to the group |