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Star Paper

Sector: Water Supply and Storage • Location: Nigeria

Source: International Finance Corporation (IFC)

Project
Completed

Star Paper Mill Limited (Star Paper or the company) is in the final stages of completing a $28 million expansion of its existing paper manufacturing/conversion plant in Aba, Abia State, Nigeria, and is seeking IFC’s assistance with refinancing short/medium term loans and funding additional capital expenditure. Star Paper began commercial production on the new 60-65 tons/day tissue machine in May

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Project Information

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The project “Star Paper” is an infrastructure initiative in the Water Supply and Storage sector, located in Nigeria. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

Original status

completed

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Description

Description

Star Paper Mill Limited (Star Paper or the company) is in the final stages of completing a $28 million expansion of its existing paper manufacturing/conversion plant in Aba, Abia State, Nigeria, and is seeking IFC’s assistance with refinancing short/medium term loans and funding additional capital expenditure. Star Paper began commercial production on the new 60-65 tons/day tissue machine in May 2006 and has more than doubled its production capacity from 20,400 tons to 44,200 tons of jumbo reels per annum. This project is the first phase of a larger program aimed at increasing the total plant capacity to 73,200 tons per annum (effectively more than tripling production capacity). Depending on the success of this project, Star Paper will evaluate the viability of a second phase expansion which could take place within the next 18 to 24 months.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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