Paper industry On January 24, 2019, Jingxing Paper issued a second announcement for Malaysia's investment projects. The company plans to establish a raw material and base paper production base overseas in order to solve the dilemma of imported raw materials and break through the scale expansion barrier. The management of the company proposed to invest in the construction of a 800,000-ton waste paper pulp board and a 600,000-ton packaging base paper production base in Selangor, East Malaysia, on the east coast of Malaysia. The total investment of the project is USD 299.4 million (equivalent to RMB 205,088,000) Basic situation of the project The company's proposed project is temporarily located in Selangor, on the east coast of West Malaysia, Malaysia. The capital of Malaysia and the largest port, Port Klang, are located in the state. The project is located 43 kilometers from Klang Port and 52 kilometers from Kuala Lumpur International Airport. . The project plans to purchase and install two pulping machine production lines, one cardboard paper production line and one corrugated paper production line, and one self-provided power plant. The planned land area of ​​the plant is 689.60 mu, and the planned total construction area is 186,382.00 square meters. The project mainly produces waste paper pulp board and packaging base paper by importing American waste paper into raw materials, reaching 800,000 tons of waste paper pulp board and 600,000 tons of raw paper, including 355,000 tons of cardboard and 245,000 of corrugated paper. The project is planned to be constructed in two phases. The construction period is 4 years. The first phase of the construction is 800,000 tons of pulp production line. The construction period is 2 years. After 1 year of completion and commissioning, the construction of the second phase 600,000 tons of raw paper production line will be started. The construction period is 2 years and the total construction period of the project is 5 years. After the completion of the first phase of the project, it will fully rely on the convenient transportation of international shipping in Port Klang, and use imported American waste as the main raw material to remove impurities and make pulp boards through processes such as disintegration, sand removal and screening. All are exported to China to meet the company's own production needs. Due to the widening demand gap in high-quality waste paper raw materials after the ban on waste in China, some pulp boards can also be sold in China. Why choose Malaysia The announcement also mentions the reasons why Jingxing Paper chose to invest in Malaysia: Compared with other Southeast Asian countries, the competitive advantage of Malaysia's investment environment is mainly reflected in five aspects: 1) its geographical superiority is remarkable, it can become into the ASEAN market and the Middle East. 2) The bridge between Australia and New Zealand; 2) The economic foundation is solid, the growth prospects are good, second only to Singapore in ASEAN; 3) rich in natural resources; 4) higher in human resources and lower in wage costs; 5) harmonious ethnic relations and political turmoil low risk. From the perspective of the product market, there is currently no large-scale production capacity of transport packaging base paper in Malaysia. Therefore, the packaging base paper in this project is a papermaking type encouraged by the Malaysian government. After the project is put into production, tax benefits can be enjoyed. The products can be sold in Malaysia. The use of Malaysia's geographical advantages to extend the product market to other ASEAN countries is an important guarantee for the project's investment efficiency to meet expectations. Belong to the same state as the Lee & Man project, face the competition in the future The investment location chosen by Jingxing Paper is located in Selangor, on the east coast of West Malaysia, Malaysia. Selangor is one of the 13 states in Malaysia. There are ten counties in the state. In which county the investment project of Jingxing Paper will be settled, the announcement does not explain. Coincidentally, another Chinese papermaker, Lee & Man Paper's project in Malaysia is also located in Selangor. In October 2018, Lee & Man Paper announced that it will invest HK$5.1 billion to build a new pulp and paper mill in Malaysia to meet Southeast Asia. And China's growing demand for paper. The new plant is located in Sepang County, Selangor. According to the plan, after the project is fully operational, it can produce 700,000 tons of packaging paper and 550,000 tons of pulp per year. This will be the second overseas production base of Lee & Man in China after Vietnam. According to the understanding of the paper industry, the first phase of Lee & Man Paper is under construction. This article is posted on this website for the purpose of transmitting more information and does not imply endorsement of its views or confirmation of its description. Article source address: http:// Joystar Electrical Appliances Manufacturing Co.,Ltd , https://www.cnjoystar.com