The world s largest paper producer, Fedrigoni Group, has reached a deal to buy the entire share capital of the Chinese company, the Arjowiggins China Group (HKK3 Limited), which has been owned by the Italian company in January 2024, according to reports from the company. Why is it worth millions of dollars? But () The company says it is planning to take over the firm in China, and why will it be able to expand its presence in the Asian market for the next decade? The announcement of an agreement aimed at expanding its production of translucent papers in Asia is the key pillar of its ambitious environmental strategy to tackle the impact of plastic packaging - and how it can become the first giant in Europe to make it more efficiently than it has ever announced. The firm has confirmed that it will increase its capacity to produce printed printing and paper products, as it continues to grow its business in its Asia-Pacific markets, with an investment of $27bn (27m) to boost its global growth in paper production, but does it still be likely to be the only company to sell its assets to the UK and the world? What would it mean for it to continue to develop its product portfolio in an attempt to change the way it deals with the paper industry? And what could it do to stop it from plastic to paper, writes Marco Nespolo, CEO of Fedrichoni, who has said it was getting the chance to invest more than 20m.
Source: paperage.comPublished on 2024-01-20
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