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Tranlin delays $2 billion pulp and paper mill in Virginia; new technology in China will slow project targeted for 2020

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Tranlin delays $2 billion pulp and paper mill in Virginia; new technology in China will slow project targeted for 2020

May 03, 2017 - 21:30

CHESTERFIELD COUNTY, VA, May 3, 2017 (Local News) -A showcase, $2 billion paper mill planned for eastern Chesterfield County will be delayed as the Chinese-owned company incorporates new technology overseas.

An official with Tranlin Inc., which is also known as Vastly, told the Observer that the delay is due to the parent company’s recent, unexpected success with a new “pulping, paper making and biostimulant fertilizer manufacturing facility in China.”

“Early indications from performance testing show that there will be significant efficiencies that will impact all aspects of Tranlin’s U.S. business plans,” Lisa Randall, associate director of corporate communications for Tranlin, said in an emailed statement.

Chesterfield Observer - Tranlin delays $2 billion paper mill; New technology overseas will slow county project

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