Sun Paper announced that the company plans to implement a forestry-pulp-paper integration quality and efficiency upgrade project at its Guangxi base Nanning park, with total investment expected not to exceed 5 billion yuan. The project will be carried out by its wholly-owned subsidiary Nanning Sun Paper Co., Ltd., and includes construction of an annual 500,000-ton unbleached chemical wood pulp production line, an annual 600,000-ton specialty paper production line, and related supporting facilities. The construction period is 18 months, with 40 percent of total investment planned to be completed by the end of 2026, and full investment and trial production to begin in the fourth quarter of 2027. The project aims to enhance the self-produced pulp capacity of the Nanning park, optimize the product mix, and form a dual-park driven synergistic development with the Beihai park, deepening presence in the southern market.
Shan Dong Sun Paper Industry Joint Stock Co LtdCompany plans large capex for expansion, signaling growth and strategic investment.