Chinese to build $1.36 billion pulp mill in South Arkansas; incentives not yet known [View all]
A Chinese paper company, Shan Dong Sun Paper,says it will build a mill in Arkansas to process pulp wood into material for diapers and other sanitary products.
Reuters said the $1.36 billion facility would begin with construction in 2016, with completion by 2018.
The announcement came at a ceremony Friday attended by Gov. Asa Hutchinson, who's been on a trade mission to China, and Obama administration commerce officials. The FDA has approved a production plan at the proposed mill.
The project has been under study since at least 2012. Gov. Mike Beebe went to China that year and state development officials later said they were compiling information for Shan Dong Sun Paper to build a plant in the vicinity of Camden or Arkadelphia. In early 2013, news articles about the possibility said such a plant could create 350 jobs.
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http://www.arktimes.com/ArkansasBlog/archives/2015/11/23/a-136-billion-beebe-era-paper-mill-plan-resurfaces-incentives-not-yet-known