<B>Voith Sells Deinking Line to Korean Operation</B>

Pan Asia Paper Korea Co. Ltd. Placed an order with Voith Paper Fiber Systems, a German-based paper equipment company, for a complete deinking line capable of producing 600 metric tons a day of recycled-content newsprint at its Chonju mill in South Korea. Pan Asia Paper is a joint venture company equally owned by Norske Skog of Norway, Abitibi-Price of Canada; and Hansol Paper of South Korea. Start-up is scheduled for July 2001.

The new system will be able to handle both old newspaper and old magazines from both Europe and Asia.

November 2000
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