Youbisheng Green Paper AG: Innovative heavy Testliner successfully introduced
Munich, 16 November 2011. Youbisheng Green Paper AG, the German holding company of a Chinese manufacturer of environmentally friendly linerboard for the growing Chinese consumer goods industry, has developed a new sort of extreme robust single sided testliner.
The Youbisheng R&D team has delevoped a new single sided testliner with a higher basic weight of 400 g/m2 (standard testliner: less than 200 g/m2). The product was introduced into the market in October this year. In the same month, the company already sold 300 tons to five packaging customers at an average sales price of RMB 3,760 per ton. The gross margin of the product amounts to approx. 24%, which is above the margin for the standard testliner.
The innovative heavy testliner offers higher strength and a higher burst index. Therefore it is used for the production of small boxes, which require a high level of stability. To reach this level of stability, a packaging company usually has to use two layers of 200 g/m2 testliner. By using Youbisheng’s new single sided testliner, the additional production stage of compressing two layers is not required which saves costs. Furthermore, there is lower risk of defects, which may occur by compressing the layers.
Youbisheng sells its new heavy testliner to the consumer packaging industry in the Fujian province and expects an increasing demand for this product in the future.
Currently, the R&D team is working on a further enhanced single sided testliner with an even higher basic weight of 450 g/m2.
About Youbisheng Green Paper AG
Youbisheng Green Paper AG is the German holding company of a Chinese clean-tech leader of environmentally friendly produced linerboard from up to 100% recovered fibres. The high-quality linerboard innovations of Youbisheng take up a special position in the Chinese market and are produced in the own production plant near Quanzhou City. They are used in the packaging industry in the Fujian and Guangdong Province (together about 141 million inhabitants), especially for visually attractive sales packaging and carrier bags of high-quality consumer goods.
Youbisheng has been operating as a paper producer since 2000. In fiscal year 2010 and with its production plants operating at full capacity, it manufactured almost 150,000 metric tons of linerboard, making it one of the biggest linerboard producers in Fujian and Guangdong Provinces. In fiscal year 2010, Youbisheng and its approximately 300 employees generated sales of about EUR 75.3 million with an EBIT margin of about 23.4% and a net income of about EUR 15.5 million.
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This communication contains forward-looking statements. Forward-looking statements are statements that are not historical facts instead they reflect the current views and expectations of Youbisheng Green Paper AG and the assumptions underlying them about future events. Forward-looking statements are subject to many risks and uncertainties. If any of such risks and uncertainties materialize or if the assumptions underlying any of the forward-looking statements of Youbisheng Green Paper AG are proving to be incorrect, the actual results of Youbisheng Green Paper AG may be materially different from those expressed or implied by such forward-looking statements. Youbisheng Green Paper AG does not intend or assume any obligation to update these forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made.