Nine Dragons Paper Industries continues its fast growth by expanding its product line to coated folding boxboard. Nine Dragons plans to start up PM4 by the third quarter of next year at its mill in Dongguan of Guangdong province in China. The machine will have a production capacity of 450,000 metric tons per year of coated folding boxboard.
The company also announced that it has scheduled to start up in the first quarter of 2004 at its greenfield mill in Taicang City of Jiangsu province. PM5 will produce 450,000 metric tons per year of KLB.
Nine Dragons is also finalizing on a PM6 to produce corrugating medium at its Dongguan mill.
Nine Dragons is fully owned by America Chung Nam, Inc., a recovered paper collection and trading company based in California. It currently operates 3 paper machines with a total capacity of 1 million metric tons per year.
America Chung Nam shipped the most containers from the United States last year. According to the Journal of Commerce, the company shipped 154,000 TEUs last year, close to 60 percent more than the next largest container shipper.
America Chung Nam, the largest paper stock exporter to China, will be the cover story for the June issue of Recycling Today Magazine.
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