PAPERmaking! Vol3 Nr1 2017

PAPERmaking! FROM THE PUBLISHERS OF PAPER TECHNOLOGY Volume 3, Number 1, 2017

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±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

3DJH  RI 

7HFKQLFDO$EVWUDFWV

Made with FlippingBook Annual report maker