Production for paper is expected in August

The South Korean company will produce laminated flooring and medium-density fiberboard

The sector is highly dependent on exports

Companies are struggling as orders have been declining

The equipment was ordered by the Vanachai Group

The company will aim to use 100 percent of renewable energy as part of the initiative

The land was initially going to be acquired by Liansheng Paper

The sales under the contract will begin in 2023

The value of the order was not disclosed

The group is cautiously optimistic about coming quarters

The changes will be improving the quality of paper and service from the newsprint mill

Its top markets remain mostly unchanged

The industry wants to diversify its export markets in order to avoid the impacts of the coronavirus epidemic

Rumors of shortages of the product spread on social media

China, the country’s main partner in the sector, has been severely hit by the virus

The plant is expected to begin commercial operations in mid-2023

The country wanted to reflect higher global prices

The company moved from a net loss to a profit

The company will act as its representative in the Japanese market

The standard will become effective in late March