Orient Paper temporarily suspends all of its production lines in China
Orient Paper, Inc. will temporarily suspend all of its production lines due to mandated restriction/suspension of natural gas supply for all natural gas consumption industries, including the paper manufacturing industry in order to secure adequate natural gas to households uses in urban and rural areas in Hebei Province, China.
The suspension is expected to last into February, 2018, when the Company expects the restriction to be eased. The Company is going to implement equipment maintenance during the temporary suspension of production. The temporary suspension of production will impact the Company’s current corrugating medium paper, offset printing paper and tissue paper operations.
Orient Paper, Inc. is a leading paper manufacturer in North China. Orient Paper produces and distributes three categories of paper products: corrugating medium paper, offset printing paper and tissue paper product