Baoding, Hebei, China, 23 December 2011 -- /PRNewswire/ -- Orient Paper, Inc. (AMEX: ONP), a leading manufacturer and distributor of diversified paper products in northern China, today announced that the company has recently completed all testing operations and launched commercial production of its new corrugating medium paper production line.
The company also has developed a video of this new 360,000 tons/year corrugating medium paper production line, which is now available for viewing on Orient Paper's corporate Web site. The video includes footage on sourcing of key raw materials, its pulping procedure, power supply system, and the operation of the new production line. The video provides the company's investors and shareholders a behind-the-scenes look at Orient Paper's new facility, which uses advanced manufacturing capability to deliver high quality corrugating medium paper products to its customers.
"The production launch of our new corrugating medium paper production line marks an important milestone for Orient Paper," said Zhenyong Liu, chairman and chief executive officer of Orient Paper. "We believe with the additional production capacity, we are set to expand our market share, revenue, and net income growth in fiscal year 2012 and beyond."
Orient Paper, Inc., through its wholly owned subsidiary, Shengde Holdings, Inc., controls and operates Baoding Shengde Paper Co., Ltd., and Hebei Baoding Orient Paper Milling Co., Ltd (HBOP). Founded in 1996, HBOP is engaged in the production and distribution of products such as corrugating medium paper, offset printing paper, and other paper and packaging-related products in China. The company uses recycled paper as its primary raw material. Baoding Shengde, founded in June 2009 and located in Baoding, is engaged in the production and distribution of digital photo paper. As one of the largest paper producers in Hebei Province, China, HBOP is strategically located in Baoding, a city in close proximity to Beijing, where the majority of publishing houses are based. Orient Paper is led by an experienced management team committed to diversifying the company's product offering and delivering tailored services to its customers. For more information, visit http://www.orientpaperinc.com.