Thursday, November 8, 2012

NGOs Urge APP Boycott

NGOs urge Asia Pulp and Paper boycott:
The letter, which was sent to banks and financial institutions in 12 countries on Monday (5 November), asks funders to "carefully screen any pulp industry investment projects related to Indonesia, particularly those of companies associated with the Sinar Mas Group, notably APP".
Indonesian and trade press reports that APP is planning to build a new pulp mill in Sumatra have heightened concerns amongst NGOs including WWF and Greenpeace, the letter states.
The reports have claimed that the proposed mill will be one of the largest in the world, with an annual production capacity of up to 2m tonnes.