Nine Dragons Paper placed an order for five circulating fluidized bed boilers in-house residual materials with Andritz. According to the announcement, the boilers will be installed at the company‘s locations in Taicang, Quanzhou, Yongxin, Chongqing, and Dongguan in China. Start-up is scheduled for the second half of 2018.
Earlier Nine Dragons denied an investment in a Malaysian forest project.
About Nine Dragons:
The company is a global leader in recovered paper based paper manufacturing in terms of production capacity. The company and its subsidiaries produce linerboard, high performance corrugating medium and coated duplex board. The group produces printing and writing paper in Dongguan and Taicang and packaging paperboard and specialty paper in Leshan, Sichuan Province. The group has also acquired 100% control equity interest in Hebei Yongxin Paper Co., Ltd.