Company type | Joint venture |
---|---|
Industry | Pulp and paper |
Headquarters | Seoul, South Korea |
Products | Newsprint, magazine paper |
Owner | Morgan Stanley Private Equity Asia (58%) Shinhan Private Equity (42%) |
Website | jeonjupaper.com |
Jeonju Paper Corporation, trading as Jeonju Paper, is a South Korean 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, mostly newsprint. The company is owned by Morgan Stanley Private Equity Asia (58 percent) and Shinhan Private Equity (42 percent). The company was established as the South Korean operating subsidiary of PanAsia Paper on 1 February 1999, PanAsia Paper Korea. Ownership passed to Norske Skog in 2005, with the company becoming Norske Skog Korea. They sold the company to the current owners in 2008, after which the current name was adopted.