China’s leading paper manufacturer announced it has hard to stop production multiple times since July.
August is typically the start of the production peak for the paper and pulp industry in China. But a series of scheduled plant shut downs has been cutting into business bottom lines, according to Chinese media.
Nine Dragons Paper (Holdings) Limited is the leading paper and containerboard products manufacturer in China. Its 16 paper machines at its Dongguang base were designed to have an annual capacity of 5.85 million tons.
The Dongguan base had scheduled down time for Aug. 16 to 26, which will reduce the plant’s production by about 40,000 tons….