Hangzhou, China, 25 July 2011 -- /PRNewswire/ -- China Shengda Packaging Group Inc. (NASDAQ:CPGI - News), a leading Chinese paper packaging manufacturer, today announced that the company's wholly-owned subsidiary, Zhejiang Great Shengda Packaging Company, has launched a new, fully-automated production line for five-color flexo printing, slotting, and die-cutting.
The new line will increase annual production capacity by 30 million square meters for flexo printing, slotting, and die-cutting. The new production line features modern equipment that meets international quality and safety standards and is expected to improve efficiency and reduce waste. The new line commenced production in July and is expected to reach its targeted utilization rate of 75% within two months. The new production line currently shares the existing customer base and will assist to fill up the healthy order pipeline in the first few months of operation.
"Our new line upgrades the technology at Great Shengda and allows us to provide higher quality products, improve efficiency and fill our orders more quickly," said Daliang Teng, chief executive officer of China Shengda Packaging.
China Shengda Packaging Group Inc. is a leading paper packaging company in China. It is principally engaged in the design, manufacturing, and sale of flexo- and color-printed corrugated paper cartons in a variety of sizes and strengths. It also manufactures corrugated paperboards used for the production of its flexo- and color-printed cartons. The company provides paper packaging solutions to a wide variety of industries, including food, beverage, cigarette, household appliance, consumer electronics, pharmaceuticals, chemicals, machinery, and other consumer and industrial sectors in China. For more information, visit http://www.cnpti.com.