NIBONG TEBAL: Tissue and personal care products manufacturer NTPM Holdings Bhd is allocating US$25mil (RM104.9mil) for the expansion of its tissue paper plants in Penang and Vietnam over the next two to three years.
Group managing director Lee See Jin said the expansion would increase the group’s production capacity to 170,000 tonnes per year by end-2018 from 110,000 tonnes currently.
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