Dongguan Jinzhou Paper and Yinzhou Paper merged with the new million-ton packaging paper enterprise

Lead: Dongguan Zhongtang Huangyong Papermaking Enterprise Development Co., Ltd. plans to merge two subordinate paper mills, Dongguan Huangyong Yinzhou Paper Co., Ltd. and Dongguan Jinzhou Paper Co., Ltd. into one company.

Dongguan Jinzhou and Yinzhou Paper will be merged, and the new company's packaging paper capacity will exceed one million tons.

According to the paper industry, Dongguan Zhongtang Huangyong Papermaking Enterprise Development Co., Ltd. plans to merge its two paper mills, Dongguan Huangyong Yinzhou Paper Co., Ltd. and Dongguan Jinzhou Paper Co., Ltd. into one company.

Dongguan Zhongtang Huangyong Papermaking Enterprise Development Co., Ltd. is a collective enterprise under the Huangchuan Village Economic and Trade Association. The Jinzhou Paper and Yinzhou Paper under the jurisdiction of the company are located in the Zhongtang Papermaking Base of Dongguan. After the merger, the original Yinzhou Paper will become In the northern part of the new company, the original Jinzhou Paper will become the southern factory of the new company. The company's total packaging paper capacity will exceed 1 million tons.

Jinzhou and Yinzhou operate well and strengthen their comprehensive strength after the merger.

Dongguan Jinzhou Paper Co., Ltd. is a large-scale Sino-foreign joint venture papermaking enterprise jointly invested by Dongguan Zhongtang Huangyong Economic Development Corporation and Hong Kong Jianhua Co., Ltd. in 2002. Jinzhou Paper has three existing waste paper pulp lines (OCC). There are 1 wood pulp line and 4 paper machines (two Weimeide production lines and two Shanghai light production lines). The products are mainly cardboard paper and corrugated paper, with a total production capacity of about 600,000 tons.

Dongguan Huangyong Yinzhou Paper Co., Ltd. was founded in 1987 and was transformed from the original Huangyong Papermaking Second Branch. After more than 20 years of continuous development, the company has become the leader in the paper industry, Yinzhou Paper There is one waste paper pulp line (OCC), one UKP (UKP) and 11 paper machines. Two of the largest paper machines are provided by Shanghai Liangliang. The main products are noodle boxboard and grayboard. Paper and high-strength corrugated paper. The total production capacity is about 450,000 tons. The company plans to eliminate all paper machines with a width of less than 3 meters and add a new 5.6-meter paper machine.

The two paper mills in Jinzhou and Yinzhou are in Dongguan, including the second best paper mill in Guangdong Province, especially in environmental protection. In the 2017 environmental credit evaluation of Guangdong Province, both companies obtained green cards. Environmental integrity company).

The reasons for the merger of the two companies are not known at present. However, with the tightening of the papermaking enterprises in the past two years, the paper mills are facing a transformation and upgrading. Jinzhou and Yinzhou Paper have taken the initiative to merge and strengthen their comprehensive strength. It is also actively responding to national policies.

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