Malaysia, Dec. 18 -- To create jobs and promote sustainability in Malaysia's paper industry, the World Bank Group, through its private sector arm the International Finance Corporation (IFC), has announced a partnership with XSD International Paper Sdn Bhd (XSD), a leading manufacturer of coated duplex board paper and grey board in Malaysia. The partnership will support XSD's efforts to boost environmentally responsible paper production using recycled materials and renewable energy.IFC has provided a $70 million financing package to XSD to fund its strategic growth - including a $28 million green loan - to finance the planned construction of a cogeneration plant in Kulim, Kedah that will use biomass to produce electricity and steam. The rema...