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APP wants a foothold in the Nordic region

Jan 19 2010  The Indonesian-Chinese paper giant APP, Asia Pulp and Paper, wants to become established in the Nordic region. The Group is said to now be actively looking for plants for sale in Finland.

APP previously had a sales office in Finland and it is known that the Group wants to enter the European market. Sources in Finland with insight into APP have told Nordic Paper Journal that the company wants to have manufacturing in Europe and is actively looking for acquisition candidates in Finland.It is also known that APP was involved in the bidding when M-real sold its Graphic Paper business area, including the Kangas and Kirkniemi paper mills in Finland, Stockstadt in Germany and Biberist in Switzerland, to South African Sappi slightly more than a year ago.APP is Asia’s largest paper manufacturer (outside Japan). The company produces bleached leaf pulp and a broad range of paper and containerboard products.

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