Finally! It's all systems go for R2bn pulping plant.

Construction of the R2-billion Pulp United pulping plant in Richards Bay is expected to start in the first half of next year.

Pulp United general manager David Lemmer said the sponsors, NCT Forestry, had been working on the proposed development for the past six years. In the past two years, they had made great progress in structuring and refining the project.

"Pulp United have purchased land within the Richards Bay industrial development zone (IDZ) and are finalising the financial package of debt and equity financing. We are proud to have the support of the Industrial Development Corporation as well as that of a large local BEE engineering group and a Swedish

________