Evergreen in RM120mil deal

Evergreen in RM120mil Deal

Kuala Lumpur : Evergreen Fibreboard Berhad has signed a sale and purchase agreement worth RM120mil with Diffenbacher GmbH of Germany, on behalf of Siam Fibreboard Co Ltd.

The deal is for the supply and commissioning on the major part of a complete turnkey medium-density fibreboard line for a new plant.

The new plant is expected to commission in the third quarter of 2008, with production mainly for the export market. - Bernama