Asia's Largest Cardboard Company to Be Built in East ChinaThird-phase construction of a large cardboard production center, Ningbo Zhonghua, will soon begin in Ningbo, a coastal city in east China's Zhejiang Province.The 1.4-billion-U.S.-dollar project is designed to produce 260, 000 tons of food packaging board, 300,000 tons of fancy paperboard, and 440,000 tons of corrugated board annually. The construction of the first two phases has cost some US$ 480 million and have a combined production capacity of 500,000 tons of cardboard a year. The facility will become Asia's largest paper production center when the third-phase construction is scheduled for completion in 2001. |
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