Japanese
trading house Marubeni Corp is in talks with Angara Paper to build one of the
world's largest paper pulp plants in Russia, the Nikkei reported.
The
plant is valued at about 280 billion yen ($3.58 billion), the business daily
reported.
If
the negotiations are successful, Marubeni will design, build and procure
equipment for the plant in the central Russian region of Krasnoyarsk, the paper
said.
The
plant's annual capacity is estimated to be 1.2 million tons and will be fully
functional in late 2017, the Nikkei said.
