Jiangmen Xinghui starts up 300,000 tonne/yr cartonboard PM in China

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Jiangmen Xinghui starts up 300,000 tonne/yr cartonboard PM in China

November 17, 2014 - 17:45

SHANGHAI, Nov 13, 2014 (RISI) - Jiangmen Xinghui Paper has started up a new 300,000 tonne/yr cartonboard PM at a greenfield mill in Jiangmen city, Guangdong province.

Its output has been launched on the regional market in Guangdong.

The unit, dubbed PM 1, has a trim width of 4.36 m and a design speed of 650 m/min.

It can make grayback coated duplex board in the basis weight range of 230-500 g/m².

The firm is a wholly-owned subsidiary of Xinghui Investment Holdings, which is jointly owned by the Japanese firms Hokuetsu Kishu Paper and Mitsubishi Corporation, as well as a Hong Kong-based trader called Hop Chong Paper.

The three investors have 60%, 10% and 30% stakes respectively in the joint venture.

Hop Chong helps to sell Hokuetsu Kishu's products in China, and runs a converting plant in Guangdong.