Linping Development raises paper capacity to 1.75m tonnes, orders Valmet line for 2028

Chinese containerboard maker Linping Development has lifted its paper capacity to 1.75 million tonnes a year after a 600,000 tonne line started up in March 2026 as phase two of a 900,000 tonne project. The company has also signed a contract with Valmet for a new PM9 board machine with 600,000 tonnes of annual capacity, targeted for start-up in 2028. For the first nine months of 2026 revenue rose 40.83% year on year to USD 408m (CNY 2.716bn), with net profit up 14.32% to USD 18.9m (CNY 126m).

Why this mattersA second 600,000 tonne Chinese corrugated medium and boxboard line, ordered for 2028, extends domestic supply growth beyond this year's start-up.

• Paper capacity reached 1.75 million tonnes a year after a 600,000 tonne line started production in March 2026
• The new line is part of a 900,000 tonne phase-two project and can switch flexibly between corrugated medium and boxboard
• Linping Development has signed a contract with Valmet for a PM9 high-speed board machine with 600,000 tonnes a year capacity
• The Valmet-supplied line is planned to start up in 2028 and will focus on low-grammage corrugated medium and boxboard
• Nine-month 2026 revenue rose 40.83% year on year to USD 408m (CNY 2.716bn)
• Nine-month 2026 net profit attributable to shareholders rose 14.32% year on year to USD 18.9m (CNY 126m)

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