Monday, July 17, 2017

Paper products factory has opened near Jbeil. To export half of production to Europe and Arab countries


Millennium Paper Products opened this week a factory for paper products in Hsoun, Jbeil.

The total built-up area of the ISO-certified factory is 9,000 square meters (m2), and includes three floors. The machinery was imported from Germany.

Investment in the project exceeded $10 million. Rabih Awad, CEO, said they borrowed a subsidized loan from banks to fund part of the project.

Production capacity of the factory is expected to reach 40,000 copybooks and 20,000 books per d...

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