Double A to Build New Integrated P&P Mill in China
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Double A Holdings, Chachoengsao, Thailand, reports that it has signed an Investment Cooperation Agreement with the Dafeng Port Administrative Committee in China to establish an Integrated Pulp and Paper Mill Project in Dafeng Port Economic Zone in Jiangsu province, mainland China.
According to Thirawit Leetavorn, CEO of Double A, "this new venture in China will have an annual capacity of 500,000 metric tpy of paper and 420,000 metric tpy of pulp, with the possibility of expanding to 1 million metric tpy of paper and 840,000 metric tpy of pulp. The project will only use sustainable fiber sourced from KHAN-NA, which comes from 1.5 million farmers who grow trees along their empty rice paddy ridge. This sustainable fiber source will help regenerate natural forests and limit impact on the environment."
The project will drive the company's development in Northern Jiangsu, mainland China, by providing Double A with premium quality copy paper in the province and with the potential to export to other markets including Korea, Australia, South Asia, Europe, and Africa.
The photo below shows Leetavorn (center) with Ni Xiangrong (left), director of Dafeng Port Administrative Committee, and Wang Hai (right), deputy mayor of Dafeng City Government during the signing ceremony. Also in the photo are witnesses from Double A, local government officials, and members of Dafeng Port Administrative Committee.
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