Vinda Paper (Zhejiang) Company put into operation

Main buildings and factories for Vinda Paper (Zhejiang) Company were put into operation on Nov 29th,2008. A total of 200 people, including Secretary of Longyou County Committee Zhuge Huiyan and Chairman of Vinda Group Li Chao Wang, management of the Group, distributors and suppliers representatives etc, attended the opening ceremony. 

Started from mid-February, it only took 8 months to finish construction, machine installation and staff training. On Oct 15th, the first papermaking machine was put into trial production. On Nov 22nd, the second machine began to officially produce paper. With the establishment of the Zhejiang Company, Vinda can better explore the East China market. By the end of this year, Vinda is expected to reach a capacity of 320,000 tons, meeting the Group’s interim target 1 year earlier. 

In the ceremony, Chairman Li also told us Vinda had decided to build another factory in Anshan, which would improve the Group’s scale of economics and logistics costs.