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SembEnviro Tay Paper makes Chinese acquisition

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(PRC, SGP) – The Singaporean recovered paper company SembEnviro Tay Paper Pte. Ltd has purchased a 60 per cent stake in the Chinese firm XiangHong Waste Paper Recycling Pte Ltd. for RMB4.5m (ca. €424,000). The firm’s parent group SembCorp Environmental Management described the privately held Chinese business as ...

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