kids encyclopedia robot

Nine Dragons Paper Holdings Limited facts for kids

Kids Encyclopedia Facts
Quick facts for kids
Nine Dragons Paper Holdings
玖龙纸业控股
Public
Traded as SEHK2689
Industry Papermaking
Founded (1994)
Headquarters ,
Area served
China, United States and Vietnam
Key people
Mrs. Zhang Yin, (Chairwoman)
Products Containerboard, Printing / Writing Paper
Revenue Increase US$ 2.7 Billion (2010)
Increase US$ 333.4 Million (2010)
Subsidiaries ND Paper

Nine Dragons Paper (Holdings) Limited, also known as ND Paper in the United States, is a very large company that makes paper. It is a "public company," which means its shares can be bought and sold on a stock exchange. This company makes different types of paper products, like containerboard, which is used for making cardboard boxes. They also produce pulp, which is the main material for paper.

The company started in 1995. It has grown to become the biggest paperboard maker in Asia. It is also one of the largest paper producers in the world! Nine Dragons Paper has 9 factories in China and Vietnam. In the United States, it owns four paper and pulp factories. It also has a factory that makes corrugated boxes there.

Nine Dragons Paper became a publicly traded company on the Hong Kong Stock Exchange on March 3, 2006. Mrs. Zhang Yin is the CEO and a major owner of the company.

How Nine Dragons Paper Started and Grew

Nine Dragons Paper began making paper in 1998. Their first machine could produce 200,000 tonnes of kraftliner paper. Since then, the company has grown a lot. Today, it produces over 13 million tonnes of paper products around the world.

Using Recycled Materials

Many paper mills use fresh wood from forests to make paper. However, Nine Dragons Paper does things differently. They mostly use recycled paper as their main material. The company recycles more than 10 million tonnes of old paper every year. This helps save trees and is good for the environment.

Factories and Employees

Today, Nine Dragons Paper employs over 15,000 people worldwide. They have 9 large manufacturing centers. The company's factory in Dongguan, China, is especially big. It is the world's largest paper mill in one location. This factory has 15 paper machines and produces 5.25 million tonnes of products.

Many of Nine Dragons' factories have their own power plants. They also have their own ports and trucking services. This helps them run smoothly and efficiently. The company's power plants can produce over 1,400 megawatts of electricity.

Operations in the United States

The main office for Nine Dragons Paper's operations in the United States is in Oak Brook, Illinois. In the U.S., the company operates the Biron Mill and the Rumford Mill. They also operated the Old Town paper mill from 2018 until 2023.

kids search engine
Nine Dragons Paper Holdings Limited Facts for Kids. Kiddle Encyclopedia.