Pulp and paper mill in South Korea
Cheongwon Mill is a pulp mill and paper mill situated in Cheongju, South Korea. Owned by Jeonju Paper, the mill sources its fiber from deinking to feed a single paper machine producing newsprint. PM1 has an annual production of 183,000 tonnes, featuring a trimmed width of 6,380 millimeters (251 in) and a production rate of 1,300 meters (4,300 ft) per minute.[1]
The mill was established by Shin Ho Paper, with construction starting in March 1994.[1] Shin Ho was struck hard by the 1997 Asian financial crisis.[2] They sold two of their mills, Cheongwon and Singburi Mill in Thailand, to the Norwegian pulp and paper company Norske Skog on 18 September 1998.[3] Cheongwon Mill became Norske Skog Korea.[1] These assets were merged into PanAsia Paper from 1 February 1999.[4] Operations in Korea were established through the company PanAsia Paper Korea, which along with Cheongwon consisted of Jeonju Mill. Ownership passed to Norske Skog again in January 2006.[1] The Korean operations were the first of Norske Skog's mills to be demerged, in June 2008.[5] Cheongwon then became part of Jeonju Paper.[1]
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