Turkish paperboard packaging maker Oguz Ambalaj plans to build a new production facility in Kocaeli, in Turkey's eastern part, according to a report by PulpPaperNews.com. The company will invest approximately EUR 25 million  (some $27.5 million), the report notes. 

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Oguz Ambalaj reported revenues this past year of about TL 75 million (approximately $24.7 million), PulpPaperNews.com reports. The company expects to reach revenues of about TL 90 million ($29.7 million) this year.