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IT Tech Packaging provides updates on its biomass cogeneration project

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IT Tech Packaging provides updates on its biomass cogeneration project

November 23, 2020 - 12:19
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BAODING, China, Nov. 23, 2020 (PRNewswire) -IT Tech Packaging, Inc. ("IT Tech Packaging" or "the Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced that it has completed invitation for the 75 t/h biomass boiler procurement bids for its biomass cogeneration project and multiple well-known enterprises in the industry have been invited and participated the open bidding. The company is evaluating the bidding proposals and will announce the bidding result in the near future.

 About IT Tech Packaging, Inc.

Founded in 1996, IT Tech Packaging, Inc. is a leading manufacturer and distributor of diversified paper products in North China. Using recycled paper as its primary raw material (with the exception of its tissue paper products), ITP produces and distributes three categories of paper products: corrugating medium paper, offset printing paper and tissue paper products. With production based in Baoding and Xingtai in North China's Hebei Province, ITP is located strategically close to the Beijing and Tianjin region, home to a growing base of industrial and manufacturing activities and one of the largest markets for paper products consumption in the country. ITP has been listed on the NYSE American since December 2009.