Chesterfield, Virginia -- A Chinese pulp and paper company is breaking ground on a $2 billion manufacturing plant.

Shandong Tranlin Paper Co. Ltd. held a groundbreaking ceremony Thursday at the site of its future plant on the James River in Chesterfield County.

The company, using a U.S. subsidiary called Tranlin Inc., produces paper products from organic agricultural field wastes such as wheat straw and corn stalks, as well as organic fertilizer made by converting the residuals from its paper manufacturing process.