◂ Announcements

New facility

Nov 1, 2018NEW FACILITYKulim, Kedah, Malaysia

Zhejiang Xinshengda plans 700,000-tonne cardboard mill in Kulim, Malaysia

Zhejiang Xinshengda Holding Group plans a paper mill in Kulim, Malaysia, with three machines and 700 thousand tonnes per year of GD cardboard capacity, following a late November 2018 MoU with Invest Kedah Berhad. The investment is estimated at 1.2 billion ringgit and about 1,300 jobs.

Value

$293.0M (1.20B MYR)

Jobs

1,300

Status

Announced

Capacity

700 thousand tonnes of GD cardboard per year

ProductsGD cardboardduplex coated papercorrugated paper

CompaniesZhejiang Xinshengda Holding Group Invest Kedah Berhad partner

“The factory should be in Kulim and should accommodate three machines for manufacturing cardboard.”paperindustryworld.com

1 source
paperindustryworld.comZhejiang XSD about to build a cardboard factory in Malaysia - Paper Industry WorldFeb 21, 2019

Summarized from public sources; check the original articles before acting on it.

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