(News from RISI) Cheng Loong has earmarked NT$1.28bn to build a tissue paper machine at its Chu Pei mill in Hsinchu county, Taiwan.
Output on the new 32,000tpy machine, PM16, will mainly be sold on the domestic market.
The unit is slated to come online at the end of the third quarter next year.
Cheng Loong sees a potential growth of tissue consumption in the market.
The investment in PM16 also aims to replace imports of tissue paper, which are mostly shipped across from China.
The Chu Pei plant currently houses two tissue machines that have a combined capacity of 48,000tpy, and a 42,000tpy cartonboard unit that manufactures coated grayback duplex board.
The growth was fuelled both by the grade’s domestic shipments and by exports, with the former up 0.8% to 77,538 tonnes and the latter climbing 10.4% to 9,683 tonnes.
