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Industrial Info is tracking 365 capital projects worth nearly $8 billion in planned and engineered projects in pulp mills, paper mills and paperboard mills in Europe due to kick off in 2020. The majority of this activity is in Russia and Finland, which together take more than half the investment, with $2 billion each. Germany and Sweden follow with significant investments ($546 million and $438 million, respectively). See graph below for investment by country.

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