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In the past year, the Chinese packaging paper industry has benefited from the rise in raw material prices, with many companies doubling their profits, reversing the downturn of the past few years.

The packaging paper projects launched in 2016 have also fortunately caught up with this bull market. According to incomplete statistics, it is expected that 2.42 million tons of corrugated paper and 1.71 million tons of boxboard will be released in 2016, far exceeding the new capacity added in 2015.

Additionally, it is understood that in the next two years, there will be more than 8.5 million tons of new capacity in the packaging paper field!

Here are the specific situations:

At the end of 2016, Zhanjiang Chenming Pulp and Paper Co., Ltd. successfully trial-produced a 600,000-ton liquid packaging paper project or a 1.2 million-ton white cardboard project, which will be released in 2017.

On December 24, good news came from Jiangsu Shangshan Paper Industry, where the first phase of the 200,000-ton high-strength corrugated paper production line was successfully produced. It is reported that Jiangsu Shangshan Paper Industry will also have a 450,000-ton packaging paper project put into production in 2018.

On February 13, 2017, news came from Jiangmen Huatai Paper Industry that the company plans to build a 300,000-ton corrugated paper production line in the new year.

Recently, Sun Paper announced that by 2018, there will be 1 million tons of capacity put into production, including 200,000 tons of high-end specialty cultural paper projects and 800,000 tons of high-end packaging paperboard projects.

According to the latest news, the first phase of the Rongcheng Paper Industry's new factory in Hubei is expected to be put into production in the third quarter of 2017, with a first-phase capacity of up to 850,000 tons.

In East China, Jiangsu New Power Thermal Paper Industry Co., Ltd. is expected to put into production 200,000 tons of high-grade paper in October 2018.

On the evening of January 5, 2017, Jiangsu Bohui Paper Industry Co., Ltd. planned to invest in the construction of a second-phase project with an annual output of 750,000 tons of high-end packaging paperboard, with an expected investment of 3.231 billion yuan, and after production, it is expected to produce 750,000 tons of coated white cardboard annually.

In 2016, Qixiang Paper Industry expanded its fourth-phase new project with an annual output of 200,000 tons of high-end packaging paper, which is expected to be put into production in May 2017.

In early January 2017, the Second Division of the Xinjiang Production and Construction Corps signed a cooperation framework agreement with Fuli Packaging Company to build a new corrugated paper factory in Xinjiang with an annual output of 200,000 tons.

At the end of December 2014, China Paper Group officially started construction of a white cardboard project with an investment of 15 billion yuan. Although the project construction has been delayed, it is expected to be put into production before 2018.

The 1.64 billion yuan investment in the 700,000-ton high-end industrial packaging paper expansion project of Lulin Paper Industry, although delayed for a year, is expected to accelerate and be put into production within the year as paper prices improve.

In addition, there are also projects of 400,000 tons by Xinya Paper Industry in Xinxiang and APP Jinguang in Guangxi.

In recent years, the state has vigorously rectified the environment, forcing many small and medium-sized paper enterprises to close, giving larger paper mills greater survival space and stronger pricing power. However, with the continuous decline of the Chinese economy and various deep crises, the market demand for packaging paper will be suppressed.