Jingxing Paper's Malaysian Plant Will Be Expanded To An Annual Production Capacity Of 1.4 Million Tons

Jingxing Paper's Malaysian plant will be expanded to an annual production capacity of 1.4 million tons

A few days ago, the pile foundation ceremony of the second phase of Jingxing Paper's Malaysia project was held, which is also the largest overseas investment project with the largest total investment amount of a single project in Pinghu City.

Jingxing Paper Co., Ltd. is a local papermaking enterprise in our city. In 2019, the company launched the Malaysia project to break through the bottleneck of development with capacity expansion, and simultaneously promoted the process of globalization strategy with the in-depth expansion of overseas markets, and achieved remarkable results in the construction of overseas territory. The project started in November 2020 and will be officially put into operation in 2023. After the capital increase, Jingxing's foreign investment exceeded 500 million US dollars, making it the largest overseas investment project in Pinghu.

The second phase of the Malaysia project will add 600,000 tons of containerboard production capacity, purchase and install a new containerboard production line and its supporting facilities, use imported American waste paper and Malaysian waste paper as raw materials to produce containerboard, supporting the expansion of thermal power plants, raw water treatment plants and sewage treatment plants and other facilities, equipped with highly automated mechanical equipment and technological processes. After the project is put into production, the company's Malaysia base will form a total production capacity of 1.4 million tons/year.