Shanying International invests €1.6 bn in 'Shanying International Green Paper Project'

摘要

At the beginning of April, Chinese paper manufacturer Shanying International launched the "Shanying International Green Paper" project to build a state-of-the-art packaging plant covering the entire value chain. Shanying International has earmarked CNY12bn (€1.56bn) for the entire project, which will be located in the Haiyan Economic Development Zone (between Shanghai and Hangzhou) on an area of 660,000 m~2. Shanying International expects that once the plant is fully operational, its annual production will have a value of CNY13bn (€1.7bn). The goal is to develop modern, smart and environmentally friendly technologies along the entire value chain, from recovered paper collection to packaging development and printing and to set an international benchmark in green production, Shanying International said. The entire project comprises 6 individual projects: an R&Dand training centre, production of high-quality recycled packaging paper, a smart packaging project, a comprehensive utilisation project for recovered paper, a thermal power plant, also for external supply, and an industrial sewage treatment plant.