Indonesia Eximbank stole U.S. $ 20 Million to Mercury Paper
Indonesia Eximbank stole U.S. $ 20 Million to Mercury Paper
Indonesia Eximbank provides financing investments and working capital to the Mercury Paper Inc.. U.S. $ 20 million. The funds are used for business development Mercury industry tissues, in which a jumbo roll of raw material obtained from the company from Indonesia.
This was conveyed by the Corporate Secretary Indonesia Eximbank, Sunu Widi Purwoko in a written statement in Jakarta, Wednesday (26/10/2011). The signing of the cooperation done today, in the office of Indonesia Eximbank.
Financing investments and working capital is expected to increase two-fold paper towels imported raw materials and tissue products from Indonesia, or about U.S. $ 90 million in 2012. In turn, exporters Indonesia can enjoy the benefits of this financing facility.
Mercury company located at 495 Radio Station Road, Strasburg, Virginia, USA engaged in the tissue converting industry. Mercury distributes products that it manufactures tissue products in North America, particularly the United States.