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Kumar Birla to invest $350 mn in Laos pulp plant

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Our Corporate Bureau Mumbai
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

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First Published: Mar 18 2006 | 12:08 AM IST

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