The first phase of the Sichuan Jintian paper project is progressing smoothly, with an investment of 1.5 billion yuan to build an annual output of 600,000 tons of gray board paper and 60,000 tons of household paper project, and has completed an investment of 560 million yuan in 2015, which is expected to be completed before the end of February, and officially put into production in March.
According to public information, Sichuan Jintian Paper Co., Ltd. has a total investment of about 2.7 billion yuan and a total design capacity of 1.2 million tons, which will be completed in two phases and is expected to reach the total production capacity plan within five years. The first phase of the investment of 1.5 billion yuan to build an annual output of 600,000 tons of gray board paper and 60,000 tons of household paper project; The second phase will invest 1.2 billion yuan to build a project with an annual output of 600,000 tons of gray board paper and 40,000 tons of household paper. After the completion of the whole project, it can achieve an annual output of 1.2 million tons of gray board paper and 100,000 tons of household paper.