Hongkong Lee & Man Paper Manufacturing Group Co., Ltd. plans to invest USD 410 million to establish the Jiangsu Lee & Man Papermaking Co., Ltd. in Changshu City; this project has the total scale of output 1.3 million tons per year for high grade Kraft Liner and White Coated Paper Board. In Phase I project, two production lines will be set up for manufacturing 550 thousand tons high grade Kraft Liner and White Coated Paper Board per year. Among which, the high grade Kraft Liner production line has been put into use in Dec. 2003, it is predicted that the White Coated Paper Board will be put into use in the third quarter of 2004.
Reported by BidLink