- The RMB 1 billion SLL also represents the first in the Chinese pulp and paper industry
SINGAPORE – Media OutReach – 18 May 2023 – Royal Golden Eagle (“RGE”), a global group of resource-based manufacturing companies, has announced that its member company Asia Symbol (Shandong) Pulp and Paper Co., Ltd. (“Asia Symbol“) – a world leading producer of pulp and paper – has signed a first-of-its-kind sustainability-linked loan (“SLL“) of RMB 1 billion with a consortium of several Chinese banks. Led by the Agricultural Bank of China, the consortium includes the Export-Import Bank of China, Bank of Communications and China Merchants Bank.
About Asia Symbol (Shandong) Pulp and Paper Co., Ltd.
Asia Symbol (Shandong) Pulp and Paper Co., Ltd. is the largest modern pulp & paper producer in China, also is the largest pulp producer, operating the largest single pulp line in the world, with leading advanced process, technology and environmental performance, is the benchmarking enterprise of industrial upgrading, technological progress, green development among the pulp and paper industry.
