Joao Santos Industrial Group has pushed back the completion date for a us25 million investment at its Itapage mill in northeast Brazil.The group planned to wrap up a rebuild on the plant's sole PM by the end of March,raising its duplex board capacity from 75,000 tonnes/yr to 90,000 tonnes/yr.But Jose Santos,son of the group's founder and director of the Itapage mill,said the work is now scheduled for completion in November "due to the brutal retraction in the economy".Santos indicated that Brazil's economic malaise has pulled down duplex board demand from 42,000 tonnes/month in 2003 to 29,000 tonnes/month in 2004.
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