Nine Dragons Paper Holdings Limited

Nine Dragons Paper (Holdings) Limited (SEHK: 2689) is a publicly listed paper manufacturing company in Mainland China, engaging in the manufacturing of containerboard products which include linerboard, duplex board as well as pulp. Its CEO and largest shareholder is Mrs. Zhang Yin.

Nine Dragons Paper Holdings
玖龙纸业控股
Public
Traded asSEHK: 2689
IndustryPapermaking
Founded(1994)
Headquarters
Hong Kong
,
China
Area served
People's Republic of China
Key people
Mrs. Zhang Yin, (Chairwoman)
ProductsContainerboard, Printing / Writing Paper
Revenue US$ 2.7 Billion (2010)
US$ 333.4 Million (2010)
Websitewww.ndpaper.com

The company was established in 1995 and is the largest paperboard producer in Asia and one of the largest in the world in terms of production capacity.[1] It has 9 factories in China and Vietnam. It also owns paper mills in the United States, such as in Maine.[2]

Nine Dragons Paper was listed on the Main Board of the Hong Kong Stock Exchange on 3 March 2006.

History

Since commencing production in 1998 with a 200,000 tonnes kraftliner machine, Nine Dragons has expanded to producing over 13 million tonnes of paper products globally.

While many mills globally use forest products for paper production, Nine Dragons primarily uses recycled paper as the raw material source. The company recycles over 10 million tonnes of fiber annually.

Today, the company employs over 15,000 employees globally with 9 manufacturing hubs. Notably, the company's Dongguan facility is the world's largest concentrated paper mill with 15 paper machines producing 5.25 million tonnes of products. Many of Nine Dragons' facilities are also supported with in-house power plants, ports, and trucking. The company has power capacity of over 1,400 MW at various production facilities combined.

Investigations

Nine Dragons has been investigated by the media in Toronto over poor working conditions in the mills handling paper collected in the recycling program in Toronto.[3] Brokers working for the City of Toronto government's Toronto Solid Waste Management have been sending paper collected to Nine Dragon mills in Dongguan.

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References
  1. "ndpaper.com - Nine Dragons Paper (Holdings) Limited - About ND Paper > Company Profile". ndpaper.com. 2011. Retrieved 19 May 2011.
  2. "After hiring 130 workers, reopening Old Town mill expects to produce pulp by August". Bangor Daily News. Retrieved 2019-10-03.
  3. Bluebox recycler cited for abuses
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