Vinda to Invest HK$800 Million to Build Tissue Plant in Shandong Province

Vinda International Holdings Ltd. said it signed an agreement with the government of Laiwu in China’s eastern province of Shandong to invest HK$800 million to build a plant in the city.

The plant will make about 100,000 metric tons of high- quality consumer tissue products annually, according to Vinda’s filing to Hong Kong’s stock exchange today.

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