On May 21, during the meeting of the Kazakh Invest company Chairman Saparbek Tuyakbayev and the head of the Chinese company Qifeng New Material, Li Hufeng, an agreement was reached on the construction of a plant for the production of pulp and paper from cane.
The investor plans to gradually invest $ 320 million into the project. In case of realization, the volume of pulp and paper production from reeds to amount to 200 thousand tons per year.
Over 2000 people to be employed at the factory. In the production process, an ecological technology for bleaching paper without using chlorine to be used - with the ECF label.
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