Packaging / Advertising & Office

After the skyrocketing paper prices in 2017, the investment boom in 2018 ushered in. Similarly, the contrarian rise in 2020 also focused on the paper-making boom.

Judging from the news recently disclosed by the media, Nine Dragons Paper, Jiangsu Jintian Paper and Jiangsu Jinying Paper and other southern capital have once again held up 7.4 million tons of production capacity. Among them, 3.4 million tons will be put into production soon.

Recently, Voith, a papermaking equipment manufacturer, announced that Nine Dragons Paper has ordered three XcelLine packaging paper machines from Voith for the production of high-strength cattle cardboard and white-faced cattle cardboard.

The three paper machines ordered this time have the same specifications, with a single machine's daily output of up to 2,400 tons and a design speed of 1,400 m/min. According to this data calculation, the maximum annual production capacity of a single machine can reach 800,000 tons. Nine Dragons Paper is the largest packaging paper manufacturer in China, and the release of the production capacity of three new production lines will further consolidate its leading position in the packaging paper field. The three paper machines are scheduled to start up between 2022 and 2023.

On the morning of May 29, Xiangshui County held a groundbreaking ceremony for the Jinying Paper Project with a total investment of 7 billion yuan. The Jiangsu Jinying Paper Project was invested and constructed by Dongguan Minying Group Co., Ltd., with a total investment of 7 billion yuan, covering an area of about 2,000 acres, building a papermaking workshop and auxiliary facilities of 560,000 square meters, and adding 10 new recycled paper production lines to form a year Production capacity of 2.5 million tons of recycled packaging paper. The first phase will invest 3.5 billion yuan to build 4 recycled paper production lines with an annual output of 800,000 tons of containerboard paper and 200,000 tons of high-strength corrugated paper.

On the morning of April 27, 2020, Jintian Paper's recycled packaging paper project with a total investment of 6 billion yuan officially started construction. It is reported that after the project is fully completed and put into production, it can produce 2.5 million tons of recycled packaging paper per year, realize annual sales income of 10 billion yuan, profit and tax 600 million yuan, and provide employment for more than 3,000 laborers. Among them, the first phase of grayboard paper production capacity of 1 million tons will be put into production soon.