29 Jun '10
Altay region package producer Altaytara has announced plans to invest about $10m in its production facilities development.
Under plans, the funds are to be invested into development of facilities to produce corrugated package and to launch a new line to produce paper bags.
As a result of the investment, the plant’s corrugated package production annual capacities are to double – from 30 to 60 million square meters, and paper bags production capacities are to total 6 million bags monthly.
The project is scheduled to be carried out in Q1 2012.