Cheongwon Mill is a

pulp mill A pulp mill is a manufacturing facility that converts wood chips or other plant fiber sources into a thick fiber board which can be shipped to a paper mill for further processing. Pulp can be manufactured using mechanical, semi-chemical, or ful ...

and

paper mill A paper mill is a factory devoted to making paper from vegetable fibres such as wood pulp, old rags, and other ingredients. Prior to the invention and adoption of the Fourdrinier machine and other types of paper machine that use an endless belt, ...

situated in Cheongju,

South Korea South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korea, Korean Peninsula and sharing a Korean Demilitarized Zone, land border with North Korea. Its western border is formed ...

. Owned by

Jeonju Paper Jeonju Paper Corporation, trading as Jeonju Paper, is a South Korean pulp and paper industry, pulp and paper company. Headquartered in Jeonju, it operates Jeonju Mill and Cheongwon Mill, with a combined 1,030,000 tonnes annual production of paper, ...

, the mill sources its fiber from deinking to feed a single

paper machine A paper machine (or paper-making machine) is an industrial machine which is used in the pulp and paper industry to create paper in large quantities at high speed. Modern paper-making machines are based on the principles of the Fourdrinier Machin ...

producing

newsprint Newsprint is a low-cost, non-archival paper consisting mainly of wood pulp and most commonly used to print newspapers and other publications and advertising material. Invented in 1844 by Charles Fenerty of Nova Scotia, Canada, it usually has an ...

. PM1 has an annual production of 183,000 tonnes, featuring a trimmed width of and a production rate of per minute. The mill was established by

Shin Ho Paper Shin may refer to: Biology * The front part of the human leg below the knee * Shinbone, the tibia, the larger of the two bones in the leg below the knee in vertebrates Names * Shin (given name) (Katakana: シン, Hiragana: しん), a Japanese g ...

, with construction starting in March 1994. Shin Ho was struck hard by the

1997 Asian financial crisis The Asian financial crisis was a period of financial crisis that gripped much of East Asia and Southeast Asia beginning in July 1997 and raised fears of a worldwide economic meltdown due to financial contagion. However, the recovery in 1998–1 ...

. They sold two of their mills, Cheongwon and

Singburi Mill Singburi Mill is a pulp mill and paper mill situated in Sing Buri, Thailand. Owned by the CAS Group, the mill sources its fiber from deinking to feed a single paper machine producing newsprint. PM1 has an annual production of 125,000 tonnes. The ...

in Thailand, to the Norwegian pulp and paper company Norske Skog on 18 September 1998. Cheongwon Mill became Norske Skog Korea. These assets were merged into PanAsia Paper from 1 February 1999. Operations in Korea were established through the company PanAsia Paper Korea, which along with Cheongwon consisted of

Jeonju Mill Jeonju Mill is a pulp mill and paper mill situated in Jeonju, South Korea. Owned by Jeonju Paper, the mill produces 850,000 tonnes of newsprint and magazine paper annually. The mill sources fibers both from virgin wood, including sawmill residue, ...

. Ownership passed to Norske Skog again in January 2006. The Korean operations were the first of Norske Skog's mills to be demerged, in June 2008.Dybevik and Langfjæran: 9 Cheongwon then became part of Jeonju Paper.

References

Bibliography

* * {{Norske Skog Pulp and paper mills in South Korea Cheongju 1994 establishments in South Korea PanAsia Paper Norske Skog