Bohui Paper (600966.SH) plans to invest 1.7 billion yuan to build a chemical wood pulp expansion project

Zhitong Finance App News, Bohui Paper (600966.SH) issued an announcement. In order to adjust the structure of existing raw material products and increase the diversification of raw materials and products, the company decided to use the existing production line in the existing factory area to plan a chemical pulp project with an annual output of 320,000 tons. The renovation and expansion was carried out on the basis of the existing technical improvement project with an annual output of 95,000 tons of chemical wood pulp. After completion of the project, it was expanded from the original technical improvement project with an annual output of 95,000 tons to a production capacity of 320,000 tons. The total investment of the project is about 1.7 billion yuan.

When the company plans to invest in the project, it fully takes into account factors such as the company's own capital accumulation, technical level, and market environment. The project makes full use of the company's original backward production capacity. Based on existing process technology advantages and empirical advantages, after completion, it can effectively increase the company's self-supply ratio of raw materials, reduce the company's production costs, and enhance the company's core competitiveness and influence.