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Official announcement! The new Shengda Group Malaysia Green Paper Mill Project has settled!

Zhejiang Xinshengda Holding Group Co., Ltd. is located in the Fuyang Chunjiang Papermaking Functional Zone in Hangzhou, China. After 16 years of development, Zhejiang Xinshengda Holding Group Co., Ltd. has gradually become a large-scale group company integrating papermaking, chemical industry, import and export trade and real estate.
Since 2017, facing the opportunities and challenges of global economic integration and the transformation and upgrading of the domestic paper industry, Xinshengda Group has actively gone abroad to seek new strategic deployment and development space. Under the background of the country's policy of “One Belt, One Road”, Xinsheng’s eyes turned to Southeast Asia, and after more than one year of thorough investigation, investigation and comparison, it decided to land the green papermaking park project in Kedah, Malaysia.


On October 17, 2018, Zhejiang Xinshengda Group and Malaysia's Sime Darby Group reached an agreement on land sales in Kuala Lumpur, Malaysia. "The two sides have a concept of cooperation on the verbal basis, and initially signed a formal contract sales contract in November. The period is also subject to the laws of Due Diligence." The plot is located in Badong District, Kulim County, Kedah, Malaysia, 30 kilometers from Penang Port. It covers an area of  ​​more than 1,800 acres (300 acres). The initial assessment of the land and surrounding geography, hydrology and climate has been completed. .


(signing site)


(signing site)


(Rights 3 and 4 are: Xin Shengda Chairman Li Shengfeng, Sime Darby Chief Operating Officer Datuk Wan Hashimi)
 

(land block orientation map)


 

(Plot aerial photography)


 (Evaluation of the surrounding environment of the plot)


 

(Evaluation of water collection points)

It is reported that the project plans to build a high-end packaging paper industrial park with an annual output of 2.1 million tons, with a total investment of about 700 million US dollars. The first phase plans to build three coated whiteboard paper production lines with a total annual output of 700,000 tons. The first phase of the project is expected to be officially put into production in June 2020. At the time of the restructuring of the paper industry, the company's products will become a good source of supply for the same grade coated whiteboard paper in China; in addition to meeting the local market in Malaysia, It will also provide high-quality goods to neighboring countries such as Vietnam, Thailand, Indonesia, Bangladesh, Myanmar, Turkey and Pakistan. The coated whiteboard market in Southeast Asia will form a new pattern.
 

(Aerial view of the factory)
In the future, Xinsheng will continue to take innovation as the driving force. Through product diversification and high-end product research and development, we will embark on a road of sustainable development with its own characteristics, establish unique advantages in the industry, and make greater contributions to the development of the paper industry.