Indonesian tycoon Tanoto plans US$1.5 billion lyocell fibre plant in Shandong, raising bets on China after Vinda ...
Indonesian billionaire Sukanto Tanoto is planning to invest 11 billion yuan (US$1.5 billion) to build a lyocell fibre plant in eastern Shandong province, raising his bets on China soon after a US$3.3 billion takeover of tissue-paper manufacturer Vinda …