Asia Pulp and Paper (APP) plans to increase its production capacity for virgin-fibre board in China from 3.9 million t to 5.7 million tpy, according to Euwid. To that end, the group is preparing a RMB8.8bn (approximately €1.1bn) investment at APP China’s Guangxi site in southern China.
This expansion project will include two new machines with a total capacity of 1.8 million tpy of coated ivory board and virgin fibre board for food-packaging applications. The output of the Guangxi mill could increase to as much as 3 million tpy.
APP’s vision is to become the world’s largest producer of board.