Today

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
Nine Dragons Paper
Relevant to you?

Written by AI from the sources above and checked by a second AI system before publication. No human wrote or edited this story. How it is made.

Updates

  • 2026-10-11 · Edited before publication: Currency presentation harmonised: USD first with the original in brackets, and rounded to the precision of the CNY 2.5bn source figure, so USD 374m throughout rather than USD 373.6m in the summary. Nine Dragons is a followed, not Core, company, so 'core containerboard producer' in why-it-matters was corrected. Capacity, self-funding, no new land, no added paper capacity,