Nine Dragons Paper announced a more than EUR100 million investment into two new containerboard production lines with related automation systems at its Hebei (PM 41) and Shenyang (PM 42) mills in China. The start-ups of PM 41 and PM 42 are scheduled only a few months apart for late 2018 and early 2019.
According to the announcement, the machines will be supplied by Valmet. The new machines are similar to PM 39 and PM 40 ordered in March 2017.
The board making lines will be designed to produce high-quality testliner grades out of 100% recycled raw materials. PM 41 and PM 42 will produce testliner grades with a basis weight range of 75-140 g/m2.
Earlier Nine Dragons Paper placed an order for five circulating fluidized bed boilers in-house residual materials.
About Nine Dragons:
The company is a global leader in recovered paper based paper manufacturing in terms of production capacity. The company and its subsidiaries produce linerboard, high performance corrugating medium and coated duplex board. The group produces printing and writing paper in Dongguan and Taicang and packaging paperboard and specialty paper in Leshan, Sichuan Province. The group has also acquired 100% control equity interest in Hebei Yongxin Paper Co., Ltd.