DGAP-News: Youbisheng Green Paper AG: Innovative heavy Testliner successfully introduced
(firmenpresse) - DGAP-News: Youbisheng Green Paper AG / Key word(s): Product Launch
Youbisheng Green Paper AG: Innovative heavy Testliner successfully
introduced
16.11.2011 / 09:39
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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.
For further information:
Kirchhoff Consult AG
Verena Rauch
Phone: +49 (0)40 60 91 86 34
verena.rauch(at)kirchhoff.de
Youbisheng Green Paper AG
Gustav-Heinemann-Ring 44
81739 München
contact(at)youbisheng-greenpaper.de
Disclaimer concerning prognoses
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.
End of Corporate News
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16.11.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Youbisheng Green Paper AG
Gustav-Heinemann-Ring 44
81739 München
Germany
Phone: 089 - 451 63992
Fax: 089 - 451 63993
E-mail: contact(at)youbisheng-greenpaper.de
Internet: www.youbisheng-greenpaper.de
ISIN: DE000A1KRLR0
WKN: A1KRLR
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf
End of News DGAP News-Service
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