Recently, JIC Leasing provided financial leasing services to a leading papermaking enterprise to support its capacity expansion of high-end white cardboards. Through internationally advanced technology and equipment, the enterprise produces white cardboards with self-made chemically ground wood pulp and chemical wood pulp. With internationally leading food grade quality, the products are highly competitive in the domestic and international markets.

In the category of packaging paper in the paper industry, white cardboards are made by multi-roller calendering, featuring high chromatic purity on the surface, uniform ink absorption and good folding resistance. White cardboards are mainly used in the industries closely related to the daily consumption for residents, and also used in the downstream industries of food, tobacco and alcohol, medicine, clothing and cosmetics. Under the influence of China’s ban on free plastic bags and the ban on import of wastes and consumption upgrading, the white cardboard industry has a relatively robust demand. However, there are few disclosure plans for capacity increase of white cardboards in China, and the supply of white card paper may not be able to meet the new demand.

This partnership will effectively promote the improvement of domestic production capacity of white cardboards and meet the domestic white cardboard market demand. JIC Leasing will continue to work in the Guangdong-Hong Kong-Macao Greater Bay Area, deepen ties with high-quality customers in South China, and continuously boost the development of manufacturing enterprises.