Fuhe Material's waste paper recovery capacity increased to 1.4 million tons in 2013
August 08 11:01:43, 2024
Fu He (00923.HK) Chairman Liang Qiquan said that he intends to expand the scale of recycling of waste paper, and that in 2013, the annual recovery capacity of waste paper will be increased to 1.4 million tons. This year, two new packaging plants for waste paper management services will be added to Tsing Yi and Kwun Tong, each with an investment of 120-150 million yuan. After the completion of the project, the recovery of waste paper will be approximately 20,000 tons per year.
In addition, he said that from April to June, domestic paper products had different price hikes.