Orient Paper Ramping Up Production on Rebuilt PM 1
Orient Paper's PM 1 headbox section. The machine is producing insulation liner paper.
May 27, 2014 - Orient Paper, Inc. announced that it has recently began the final commercial production phase of its PM1 renovation project, producing insulation liner paper.
Mr. Zhenyong Liu, Chairman and Chief Executive Officer of Orient Paper commented, "We are very pleased to re-launch the renovated PM1 a few months earlier than our original schedule. The purpose of our modernization plan is not only to convert PM1 into a more energy-efficient production line but also to produce higher profit margin products."
Mr. Liu added, "The insulation liner paper is used to sandwich certain insulation materials as a construction material for wall and floor insulation. It can also be combined with certain plastic woven cloth to manufacture new moisture-proof packaging material for transportation of books and magazines by the publishing industry in China. Both product applications are expected to be benefited from stable market demand in this region."
With a designed annual production capacity of 50,000 tonnes, the output of the new PM1 has started stabilizing each day, and is expected to bring in revenue in the range of between $7 million to $9 million for 2014, Orient Paper noted.
Orient Paper, Inc. is a leading paper manufacturer in North China. Using recycled paper as its primary raw material, the company produces and distributes three types of paper products namely, packaging paper (corrugating medium paper), offset printing paper, and other paper products, including digital photo paper, insulation liner paper and household/tissue paper. To learn more please visit: www.orientpaperinc.com.
SOURCE: Orient Paper, Inc.