YFY earmarks $128 million for recycled futing machine in Taiwan, while shutting three PMs

摘要

Yuen Foong Yu (YFY) has unveiled plans to install a 300,000 tonne/yr recycled fluting machine at its Hsinwu mill in Taoyuan county, Taiwan. Including the setup of two new cogeneration plants at the facility, the scheme is expected to cost NT$4 billion ($128 million), marking the single biggest investment the company has made in Taiwan for 25 years.