Nibong Tebal Paper Mill Holdings to invest more than 20M ringgits for a new plant in Philippines that will produce diapers, sanitary napkins, facial cottons; production scheduled to start by end of 2015
July 3, 2014 (The Star) – More than 20 M will be invested by Nibong Tebal Paper Mill Holdings Bhd (NTPM) for a new plant, which would produce facial cottons, diapers, and sanitary napkins. Production is scheduled to start by end 2015. Its diapers, napkins, and facial cottons have a market share of around 10%, 11% and 30% respectively. A total of Ringgit 5 M was invested in a high density pulper machine to produce high quality materials for the tissue paper manufacturing line. Of the group's revenue, around 30% is from export sales while domestic sales account for 70%. Original Source: The Star, http://thestar.com.my/, Copyright Star Publications (M) Bhd 2014.