Shandong Bingxin Packaging Production Base Project Signed with Total Investment of 300 Million Yuan

Published:2021-09-22 · Industry News

On September 13, the third-quarter key investment project signing ceremony of Jinan, Shandong Province was held at Jinan Long'ao Mansion. A total of 20 projects were signed this time, including 15 manufacturing projects and 14 foreign-funded projects, involving Japan, South Korea, Singapore, Switzerland, the United States, Australia, Hong Kong (China) and other places.

The author noted that the Shandong Bingxin Intelligent Packaging Production Base project was successfully signed at this event. The project plans a total investment of 300 million yuan and will build an intelligent packaging production base, with plans to build two corrugated board production lines. Once fully operational, the project is expected to achieve an annual output value of 600 million yuan.

Bingxin Packaging Group is a professional packaging company that uses environmentally friendly corrugated cartons as its medium and is committed to providing customers with one-stop packaging service solutions. The company's current annual output value is more than 4 billion yuan; it has set up 15 production bases in many parts of the country and continues to grow at a rate of one to two new sites each year.

Besides the Shandong Bingxin Intelligent Packaging Production Base project signed this time, Bingxin Packaging Group recently also joined hands with Master Kong to sign the Master Kong Beverage Phase III and Bingxin Packaging Changsha Production Base project. The project involves a total investment of 1.2 billion yuan, uses 137 mu of land, and is designed to add more than 1.5 billion yuan in annual output value and 150 million yuan in new tax revenue.

The successive signing of new projects will help Bingxin Packaging expand its business territory and expand paperboard and carton capacity, while also providing new growth momentum for the local economy and playing an important role in further improving the industrial chain.

——This article is reprinted from China Packaging Network (pack.cn). Original link: http://news.pack.cn/show-378291.html

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