Profile: Orient Paper Inc (ONP)
23 May 2017
Orient Paper, Inc., incorporated on December 9, 2005, is a holding company for the Hebei Baoding Orient Paper Milling Company Limited (Orient Paper HB), a producer and distributor of paper products in China. The Company is engaged in production and distribution of four categories of paper products: corrugating medium paper (CMP), offset printing paper, digital photo paper and tissue paper products. The Company, through Baoding Shengde Paper Co., Ltd. (Orient Paper Shengde), is engaged in production and distribution of digital photo paper. The Company operates through two segments: Orient Paper HB, which produces printing paper and corrugating medium paper, and Orient Paper Shengde, which produces digital photo paper.
Corrugating medium paper
CMP is used in the manufacturing of cardboard. The Company has over two corrugating medium paper production lines, including PM6 and PM1. The Company refers to products produced from the PM6 production line as Regular CMP and products produced from the PM1 production line as Light-Weight CMP. The Company's PM1 production line produces light-weight CMP with a specification of 40 to 80 grams per square meter (g/s/m). PM1's light-weight CMP products have a range of commercial applications. PM1's light-weight CMP products are used as a construction material for wall and floor insulation or to manufacture moisture-proof packaging materials for the transportation of books and magazines by the publishing industry. It can also be used as corrugating medium to make corrugating cardboard for packaging that requires light-weight boxes.
Offset printing paper
Offset printing paper is used for offset printing in the publishing industry. The Company has approximately two production lines, including PM2 and PM3, for the production of offset printing paper.
Digital photo paper
Orient Paper Shengde is engaged in producing cast-coating and water-proof digital photo paper. The digital photo paper is sold to paper distributors distributing these products to advertising companies and printing companies that use photo-quality paper for multiple-color printing and local photo studios for production of special event printouts and personal home printouts. It has over two photo paper coating lines, including PM4 and PM5, which produce digital photo paper.
Tissue Paper Products
The Company produces tissue paper products in Wei County Industry Park. It processes base tissue paper purchased from long-term cooperative third-party and produces finished tissue paper products, including toilet paper, boxed and soft-packed tissues, handkerchief tissues and paper napkins, as well as bathroom and kitchen paper towels that are marketed and sold under the Orient Paper brand.
The Company competes with Chenming Paper Group Limited, Huatai Group Limited, Nine Dragons Paper (Holdings) Limited and Sun Paper Group Limited.
Orient Paper Inc
Juli Road, Xushui County, Baodin
BAODING HEB 072550