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  • Guangdong environmental packaging giant faces risk of capital depletion
    2021-05-26Industry News

    “Shuye Environmental's fund lending and equity transfer transactions have tied up a relatively large amount of capital, and there is certain uncertainty over the recovery of the relevant payments, exposing it to significant liquidity risk and debt pressure.” — Guangdong's environmental packaging giant is facing a huge crisis! On May 14, China Chengxin Pengyuan announced that it had downgraded the long-term issuer credit rating of Shuye Environmental Technology Co., Ltd. (hereinafter "Shuye Environmental") from AA- to A, with the rating outlook adjusted from stable to negative. Shuye

  • Papermaking = Environmentally Unfriendly? How Much Longer Will You Be Fooled!
    2021-05-25Industry News

    When papermaking comes up, do you get unpleasant associations — "white foam gushing, black water flowing, forests destroyed..."? "Papermaking = pollution" was the traditional impression people had of the paper industry. But if you still think that way today, you are really out of date! In recent years, as the country has stepped up environmental protection and energy conservation and emissions reduction efforts, the paper industry has adhered to the concepts of green development and circular economy, and through technological innovation and the application of advanced technologies and equipment,

  • Inaugural Meeting of the Paper-Based Green Packaging Committee of the China Technical Association of the Paper Industry Held in Beijing
    2021-05-25Industry News

    On the morning of May 21, 2021, the inaugural meeting of the Special Committee on Paper-Based Green Packaging Materials and Products of the China Technical Association of the Paper Industry (the Paper-Based Green Packaging Committee) was successfully held in Beijing. More than 80 representatives attended the meeting, from paper and paperboard, paper products, molded pulp, green chemicals and equipment manufacturing enterprises, end users such as logistics and food delivery and catering, as well as research institutes, colleges and universities. Vice Chairman and Secretary-General of the China Technical Association of the Paper Industry, China Pulp and Paper Research

  • Suning, Hebei Plans Publishing and Media Printing Industrial Base Covering 2,500 Mu
    2021-05-25Industry News

    According to Suning Rongmei News, on May 20, Huaban Hebei Culture Communication Co., Ltd. held a new book launch conference. Wang Yaozhen, chairman of the Hebei Provincial Publication Distribution Association, and county leaders Geng Shukai and Qi Yanzhuang attended the conference. At the meeting, Qi Yanzhuang, director of the Suning Economic Development Zone Management Committee, delivered a speech on behalf of the county party committee and county government. He said that the Suning County Party Committee and County Government attach great importance to the development of the media and publishing industry and have set up a leading group for the development of the media and publishing industry, responsible for coordinating the county's publishing and printing indus

  • Second Public Notice Issued for Shandong Yuto's Paper-Plastic, Carton and Color Box Project Environmental Impact Assessment
    2021-05-25Industry News

    Recently, the environmental impact report form for the paper-plastic, carton and color box production project of Shandong Yuto Technology Co., Ltd. was published for a second time. The author has learned that Shandong Yuto Technology Co., Ltd. was established on April 21, 2021, with its registered address at Workshop No. 3 in the yard at No. 6899 Yintong Street, north of Yintong Road and east of Wei'an Road, Shengchun Community, Qingchi Subdistrict, Weifang High-tech Zone, Shandong Province, making it a newly established enterprise. According to the EIA document, Shandong Yuto Technology

  • Tape Solutions for Cartons and Cold Chain Improve Packaging Efficiency
    2021-05-25Industry News

    Tape is key to maintaining the integrity of corrugated cartons and the products inside. Choosing the wrong tape or applying it incorrectly can lead to seal failure and other problems, resulting in inefficiency and high costs, such as rework and production line downtime. Selecting the right tape from the very start of the process keeps cartons sealed, goods safe and production lines running smoothly. However, some packaging situations require specially designed solutions to meet the specific challenges of an application or operation. Two major examples are the use of

  • Quanzhou Nine Dragons: Recycling production water, not sparing the rainwater either
    2021-05-24Industry News

    From May 9 to May 15, 2021, China marked its 30th National Urban Water Conservation Publicity Week. Recently, the Quanzhou Municipal Urban Management Bureau, the Quangang District Urban Management Bureau and Quanzhou Water Group launched the 30th National Urban Water Conservation Publicity Week and a corporate water-conservation accountability action in Quangang District, publicizing and promoting the advanced water-saving experience of provincial-level water-saving units such as Fujian Refining & Petrochemical and Quanzhou Nine Dragons Paper, and calling on more enterprises and units to take part in water conservation efforts, so as to

  • Forest Packaging's 100,000-Ton Waste Paper Pulp Project in Thailand Expected to Start Production in June
    2021-05-21Industry News

    To guarantee waste paper supply, this year the company set up a subsidiary in Thailand to use American waste paper and other imports shipped into the country, which are converted into dry pulp and then imported to the company. The equipment is currently being installed, and waste paper pulp production is expected to begin in June, with an annual output of around 100,000 tons," said Lin Qijun, chairman of Forest Packaging (605500.SH), at an earnings briefing held on May 14. Forest Packaging is a new stock listed in 2020, mainly engaged in industrial packaging base paper and downstream paper product packaging business. Currently, in

  • Profit of Industrial Enterprises Above Designated Size Up 1.37 Times Year-on-Year in January-March, Printing Industry Profit Up 49%
    2021-05-21Industry News

    The National Bureau of Statistics recently released the profit situation of industrial enterprises above designated size nationwide for January-March 2021. In January-March, industrial enterprises above designated size nationwide posted total profits of 1,825.38 billion yuan, up 1.37 times year-on-year, up 50.2% from January-March 2019, for an average two-year growth of 22.6%. Among the 41 major industrial sectors, 39 saw their total profits increase year-on-year, 1 turned losses into profits, and 1 achieved

  • India's Nine Packaging Giants: A Closer Look
    2021-05-21Industry News

    The rapid development of India's manufacturing and e-commerce sectors has strengthened demand for packaging, and India's packaging industry is one of the fastest-growing industries, bringing with it many development opportunities. According to relevant Indian media reports, India's packaging industry was worth US$24.6 billion at the end of 2013 and is expected to grow to US$32 billion by 2025. According to SethunathP, president of the Indian packaging media DiadeisAlia, fast-moving consumer goods and

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