Sun Paper Co. Terminates $1.5 Billion Project Slated For Clark County Arkansas
The long anticipated $1.5 billion Sun Paper Co., paper mill project slated for Clark County, just outside of Arkadelphia, Arkansas has officially been terminated. The project, when first announced in 2016, was the first major collaboration between the State and a Chinese manufacturer. In a letter dated March 15, Andrzej Bednarski, International Project Director for Shandong Sun Paper Co., Ltd. notified Gov. Asa Hutchinson and AEDC officials that the project would not move forward, citing trade tensions, economic uncertainty, and the coronavirus outbreak as reasons for terminating the project.
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