(News from RISI) – C&S Paper is mulling over adding 200,000tpy of new tissue paper capacity at its mill in Xiaogan city, Hubei province, to feed demand in central China.
The project would involve a total investment of RMB1.2 billion ($172.5m), according to a statement from the Shenzhen-listed company.
It would be carried out in two phases, with the first stage needing an investment of RMB600m to bring 100,000tpy of tissue paper capacity online within five years. No further details were available at this time.
Ranked as the fourth largest tissue producer in China, C&S Paper operates six plants with a total capacity of 466,000tpy.
The Xiaogan mill currently houses two tissue machines, which came on stream in 2005 and 2009 respectively, with a combined capacity of 22,500tpy.
In November, the company unveiled another expansion scheme, to add 75,000tpy of new tissue paper capacity at its Tangshan plant in the northern province of Hebei.