FINANCIAL NEWS

ADNPM orders new machine for USD54.4 m

29 Sep 2013

(MENAFN) Abu Dhabi National Paper Mill (ADNPM) placed an order with Metso to buy a machine worth USD54.43 million, Khaleej Times reported.

The ordered machine is a PM3 NTT tissue manufacturing machine that is expected to raise ADNPM’s capacity from 63,000 tons to 90,000 tons.

The Sweden-made machine, to be delivered in the first quarter of 2015, will be the first in the UAE and the third worldwide.

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