Nine Dragons Paper to build USD 374m (CNY 2.5bn) wood-fibre line at Taicang mill
Nine Dragons Paper plans a USD 374m (CNY 2.5bn) technical upgrade at its Taicang mill in Jiangsu to build 600,000 tonnes a year of wood-fibre capacity, replacing a roughly equal volume of externally purchased wood fibre. The project is self-funded, built entirely within the existing site with no new land, adds no paper-making capacity, and is scheduled to start production in the second quarter of 2028.
Why this mattersA major containerboard producer brings virgin wood fibre in-house as China's 2021 ban on recovered-paper imports keeps external fibre supply tight.
- USD 374m (CNY 2.5bn) investment announced for the Taicang mill, Jiangsu province
- New line adds 600,000 tonnes/year of wood-fibre capacity
- Output replaces around 600,000 tonnes of currently purchased wood fibre
- Project funded from the company's own resources, with no new land used
- Production scheduled to start in Q2 2028
- Existing paper machines continue to use recovered paper as main feedstock; the project includes zero-liquid-discharge wastewater treatment
Sources
shifair.com
ZH