Canada Quebec Factory Will Invest In Dissolved Wood Pulp Needed By Artificial Cotton
It is said that these equipment will be used to transform a hardwood pulp mill in Sesso into a key facility for producing artificial cotton, which is in great demand in Asia and the world.
Artificial cotton will gradually become a substitute for cotton, because it has the characteristics of cotton, but has better water absorption and permeability. In addition, the market position of artificial cotton is very good, because farmers change to lower cost crops, the world cotton supply is decreasing.
Fortress will invest US $153 million, including the construction of a joint power plant.
The president of the company said after returning from China, Rayon He was very pleased with the growing demand for dissolved wood pulp from manufacturers.
The plant has about 300 employees and is expected to produce 200000 tons of dissolved wood pulp every year. In fact, the company expects to be profitable, because the spot price of this product is 1650 dollars/ton, and the net output and delivery cost of the factory is about 600 dollars.
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