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IT Tech Packaging completes fundamental constructions on its new tissue paper production line in China

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IT Tech Packaging completes fundamental constructions on its new tissue paper production line in China

April 20, 2021 - 11:24
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BAODING, China, April 20, 2021 (PRNewswire) -IT Tech Packaging, Inc., a leading manufacturer and distributor of diversified paper products in North China, today announced the Company has completed fundamental constructions on its new tissue paper production line (the "PM10") and is working on the installation of affiliated equipment.

"Amid robust domestic market demand for tissue paper products and improved production efficiency, we will continue to expanding our capacity as we expect to see strong growth from tissue paper business segment that will greatly boost our overall performance," said Mr. Zhenyong Liu, Chairman and Chief Executive Officer of IT Tech Packaging.

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.