# POSCO Daewoo signs $60M paper plant equipment supply deal with CPBM in Pakistan

POSCO Daewoo signed a $60 million (KRW 65 billion) contract with Century Paper & Board Mills Ltd. (CPBM) to supply paper plant equipment, including a 195m paper machine and processing equipment, for a 130,000 ton/year plant in Lahore, Pakistan.

- Type: Contract
- Announced: 2017-11-29
- Where: Lahore, Pakistan
- Value: $60.0M
- Status: announced
- Capacity: 130000 tons/year
- Products: paper plant equipment, paper machine, white board
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [POSCO DAEWOO](https://endata.com/companies/24021.md)
- [Century Paper & Board Mills](https://endata.com/companies/28472.md) (customer)

## Sources

- [biz.heraldcorp.com](https://biz.heraldcorp.com/article/1515878), 2017-11-30: "포스코대우는 29일 파키스탄 카라치에서 김영상 포스코대우 사장과 CPBM사 리카니 회장이 참석한 가운데 6000만불(650억원) 규모 제지플랜트 설비 공급계약을 체결했다."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.