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By CnAgri 2020-08-07 10:50:32 Print Tel:861064402118-822 Email: chen.wang@boabc.com

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  • On July 4, Shangpin Home Collection’s intelligent manufacturing base in East China went into operation. Located in Xishan district, Wuxi city, the base covers an area of over 300,000 square meters with a total investment of 3.0 billion yuan, and can manufacture 2.0 million sets of custom furniture and supporting household products annually.
  • On July 15, the superstrong particleboard production line of Jiangsu Xindongfang Artificial Board Co., Ltd., with annual production of 250,000 cubic meters, has gone into operation, achieving the expected results in trial production. 
  • On July 17, SUOFEIYA Home Collection Co. announced that it plans to build South China customized home intelligent factory (industry 4.0 standards) in Ningxi Industrial Park, Zengcheng District, Guangzhou City. The project will be invested in phases, and 510 million yuan will be invested in the first phase to build a customized home intelligent future factory (industry 4.0 standards) with an estimated investment of 370 million yuan and a customized home intelligent transit warehouse with a planned investment of 140 million yuan.
  • On July 23, a particleboard project with annual production of 600,000 cubic meters was started in Bazhong, Sichuan. With a total investment of 700 million yuan, the project is invested and built by Bazhong Jianfeng New Material Co., Ltd., a subordinate company of Chengdu City Construction Investment & Management Group Co., Ltd.
  • On July 31, HOLIKE announced that it plans to acquire a 51% stake of Hubei Qianchuan Doors and Windows Co., Ltd. for a transaction consideration of no more than 825 million yuan.
  • On June 28, Sinar Mas Group was approved to acquire 385 million shares of BOHUI PAPER’s unrestricted shares. After the completion of the transfer, Sinar Mas Group and persons acting in concert will hold 653 million shares of BOHUI PAPER, accounting for 48.84% of the total share capital. 
  • On July 2, Shanying International Holdings Co., Ltd. announced the environmental impact assessment for the construction project with annual production of 1 million tons of pulping (600,000 tons of chemical wood pulp and 400,000 tons of straw pulp) and 1 million tons of industrial packaging paper in Jilin province. With a total investment of nearly 8.6 billion yuan, the project will be constructed in three phases in six years, 2 years for each phase.
  • On July 16, Guangxi Sun Paper & Cartonboard Co., Ltd. announced the first environmental impact assessment for the integrated project of the white cardboard production line with an annual output of 900,000 tons and the chemical pulp production line with an annual output of 400,000 tons.
  • On July 23, the 3.0 million-ton forestry-pulp-paper integration project signed by Nine Dragons Paper and Jianli County, Jingzhou City, Hubei Province was approved, with a total investment of 10.45 billion yuan. Covering an area of 3300 mu, the project is expected to be started in November, 2020, and it includes the construction of one production line with an annual output of 300,000 tons of semi-chemical pulp, one production line with an annual output of 300,000 tons of chemical pulp, and four production lines with an annual output of 600,000 tons of high-end packaging paper.    
  • On July 30, Guiping City in Guangxi Province and Jiangmen Qiaoyu Paper Co., Ltd. signed a cooperation framework agreement on a packaging paper project with an annual output of 1.0 million tons. The project is planned to be located in Mengwei Town, Guiping City and cover an area of 800 mu, with an intended investment of 2.0 billion yuan. It mainly includes the construction of four advanced packaging paper production lines, with a total estimated production capacity of 600,000 tons.

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