$1.5 billion Sun Paper project near Arkadelphia officially terminated

Representatives of Sun Paper Co., the $1.5 billion paper mill project slated for Clark County near Arkadelphia, have said the deal is officially terminated.

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 pulling the plug.

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