IT Tech Packaging Expects Licensing for Its New Single-Use Face Mask Products in China by End-January
Launched in April 2020, IT Tech Packaging's single-use face mask production line produces 100,000 masks per day.
Jan. 12, 2021 - IT Tech Packaging today announced it is applying for a license for its new single-use surgical masks from local food and drug administration in Hebei province (northern China, near Beijing) amid strong market demands. The license is expected to be gained at the end of this month.
Currently, production of the company's single-use face masks is now operating at full capacity as the number of confirmed Covid-19 cases surged again and anti-Covid-19 efforts become increasingly normalized globally.
Launched in April 2020, the single-use face mask production line produces 100,000 masks per day with an estimated gross margin of roughly 40%, IT Tech Packaging noted.
Founded in 1996, IT Tech Packaging 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 corrugating medium, offset printing paper, and tissue paper products. To learn more, visit: www.itpackaging.cn.
SOURCE: IT Tech Packaging, Inc.