On October 27^th, SGP Corp. inaugurated the new internal apartment building for SGP workers at Tan Thanh Dist., Ba Ria – Vung Tau province. This apartment building includes 8 apartments for single workers and 31 apartments for workers’ families.

Ministry of Finance (MOF) has decided to reduce tariff rate of newsprint, writing/printing paper and drawing papers, etc. by 7 – 12% that comes into effect after 15 days from gazetting. According to the 71/2008/QĐ-BTC decision signed to promulgate by The Prime Minister of MOF,

Metso will supply the main technology for Aracruz's new 1.5-million-tons/year bleached hardwood kraft (BHK) pulp line, to be built at their Guaíba mill in Rio Grande do Sul, Brazil. The expansion will raise the mill's total annual capacity to almost 2 million tons. The new pulp line is scheduled to start up during the second half of 2010. The order is valued at close to Euro 400 million.

ASIAN Paper 2008, one of important event of Asian Paper industry, has been held in Bangkok, Thailand in the days of April 23 to April 25. Two main Parts of A.P 2008 were Exhibition and Conference including two subjects of New Technology Application and Senior Management.

The US giant International Paper (IP) is studying the feasibility of splashing out $4 billion in investments in Indonesia.

These would include building a pulp mill with a capacity of at least 1.5 million tonnes/yr and developing 500,000 ha of plantations, according to the chairman of the Indonesia Pulp and Paper Association (APKI), Muhammad Mansur.