Hubei Adds Two Packaging Projects: One with RMB 100 Million Investment, One with RMB 50 Million

Published:2021-09-16 · Industry News

On August 28, Huanggang City, Hubei Province held its August concentrated groundbreaking activity for major projects. Twenty-eight projects with investment of more than 50 million yuan broke ground, with total investment of 5.19 billion yuan, including 5 projects in Wuxue with total investment of 830 million yuan. Huayin editors found that two of the projects starting this time are related to the packaging industry.

➤Jinglong Packaging Colour Printing Project

The project involves a total investment of 50 million yuan, a land area of 26 mu and a total building area of 25,600 square metres. The project mainly provides services such as digital printing and food packaging design, as well as the production and sale of degradable biomass packaging materials and packaging paper products. Once completed and fully operational, the project is expected to achieve annual output value of more than 40 million yuan, annual tax revenue of 2 million yuan and 45 jobs.

➤New food-grade paper-plastic packaging container production project

The project involves a total investment of 110 million yuan, a land area of 20 mu and a building area of 10,000 square metres. It will introduce advanced automated production equipment and, relying on high and new technology and using plant fiber as raw material, produce environmentally friendly degradable food-grade paper-plastic packaging containers. Once completed and fully operational, the project is expected to generate more than 5 million yuan in annual revenue, 600,000 yuan in tax revenue and employment for more than 100 people.

——This article is reprinted from China Packaging Network (pack.cn). Original link: http://news.pack.cn/show-378259.html

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