(News from RISI) – C&S Paper is to add 75,000tpy of new tissue paper capacity at its mill in Tangshan city, Hebei province, to feed increasing demand in northern and northeastern China.
The board of directors of the Shenzhen-listed company approved the expansion plan in November.
The project will involve a total investment of RMB 408.81 million and is expected to be finished in three years. A company spokesperson said the scheme is at an early planning stage and declined to disclose more detail.
C&S Paper operates six mills with a combined capacity of 466,000tpy, making it the fourth largest tissue producer in China.
The Tangshan plant is its only production site in North China; it currently houses just one tissue machine. The 25,000tpy unit, supplied by Toscotec, was commissioned in 2012.
Back in 2010 when the company made its initial public offering on the Shenzhen stock exchange, it originally planned to install three tissue units with a total capacity of 50,000tpy at Tangshan. A year later the scheme was revised to one machine, due to lukewarm demand in the north at that time.