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By CnAgri 2020-10-12 17:10:52 Print Tel:861064402118-822 Email: chen.wang@boabc.com

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  • On September 14, the board of directors of Jingxing Paper deliberated and approved “The proposal on the investment and construction of a natural antibacterial high-quality household paper project with an annual output of 120,000 tons”. The project costs investment of 686.65 million yuan. The bleach pulp will be the main raw material. Two household paper body stock production lines will be installed with production capacity of 60,000 tons/year, and all the supporting projects will make use of the existing facilities. The project construction period is expected to be 1.5 years.
  • On September 16, Xianhe Co., Ltd. signed an investment framework agreement with Laibin City, Guangxi Province on a project with pulp and paper production line and supporting facilities with annual output of 2.5 million tons. The total investment of the project is not less than 10 billion yuan, including a 1.5 million tons/year pulp fiber preparation project (chemical pulp 1 million tons, chemi-mechanical pulp 500,000 tons) and a 1 million tons/year high-performance paper-based new material paper project (high-grade food cardboard 600,000 tons, high-grade decorative base paper 200,000 tons, high-grade special paper 200,000 tons).
  • On September 16, Guangxi Xiangsheng Household Material Technology Co., Ltd. signed an imported equipment purchase agreement with Siempelkamp and Jiangsu Sainty Machinery Import and Export Co., Ltd. on a super strong particle board production line with annual output of 300,000 m³. The project started on September 26 with an investment of 550 million yuan and is scheduled to be completed and put into operation by the end of September 2021.
  • On September 18, Shanghai Futures Exchange and NOREXECO ASA-the Pulp and Paper Exchange signed a pulp futures settlement price authorization agreement.
  • On September 23, Hong Kong Royal Furniture and Pizhou City, Jiangsu Province signed Royal Furniture (Jiangsu) Ecological Home Furnishing Industrial Park Project. The total investment of the project is 3 billion yuan, including 10 new smart home production lines in the first phase and 20 new smart home production lines in the second phase for the construction of production base.
  • In late September, Huasheng completed the construction of the 400,000 m3/year particleboard (OSB board) project and started trial production. The construction began in April 2019 with a total investment of 1 billion yuan.
  • On September 24, Fenglin Group and Qinnan District government, Qinzhou City signed the "Fenglin Wood Industrial Park Project Investment Cooperation Agreement" with expected investment of 5 billion yuan.

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