BOSTON, March 15, 2017 /PRNewswire/ -- RISI, the leading information provider for the global forest products industry, announced that Ms. Cheung Yan, Chairlady of Nine Dragons Paper has been named Asian CEO of the year for 2017. The award will be presented to Ms. Cheung at RISI's 18th annual Asian Conference at the Langham Shenzhen Hotel in Shenzhen, May 22-24, 2017.
RISI's Asian CEO of the Year Award is nominated by a group of investment analysts, industry consultants and commentators covering the Asian and global pulp and paper industry. This year marks the second time Ms. Cheung has been selected for the Asian CEO of the Year award, due to her continued leadership, vision and strategic expansion.
At the conference, Ms. Cheung will speak about the Group's consistent success and her anticipations for the future.
Ms. Cheung is a founder of Nine Dragons Paper. After 20 years of fast and steady development, Nine Dragons Paper Group is now the world's largest recycled-based paper manufacturing group with modern and environmentally friendly management. In 2016, the ND Paper Group recorded sales of RMB 34.9 billion. Its annual production capacity now exceeds 13 million tonnes, with production bases covering the main manufacturing centers in China and parts of Vietnam within the "Belt and Road" region.
The ND Paper Group has built a large and efficient production and sales platform in the Chinese packaging board industry. With economies of scale as well as innovative and efficient internal management, the Group has achieved healthier, more orderly operations and development. Market condition improvements in the Chinese packaging board industry to a certain extent has also contributed to the increase in Nine Dragons' profit margin. Nine Dragons has recently announced that PM2 at its Vietnam base will commence production by the end of June; and by the end of 2018 new containerboard machines will be added at its four existing production bases in China, namely Quanzhou, Chongqing, Hebei Yongxin and Shenyang.
About Nine Dragons (www.ndpaper.com)
Nine Dragons is China's largest packaging paperboard producer as well as Asia's largest producer of containerboard, with a total annual capacity of over 13 million metric tonnes at nine mills. The papermaker has been listed on the Hong Kong Stock Exchange since 2006. In 2016, the group achieved a revenue of RMB 38.9 billion, representing an increase of approximately 13.6% as compared with 2015.
The major contributor of the Group's revenue is its packaging paper business, including linerboard, high performance corrugating medium and coated duplex board, as well as recycled printing and writing paper and high value specialty paper products. The company employs around 16,000people.
About RISI (www.risi.com)
RISI is the leading information provider for the global forest products industry. The company works with clients in the pulp and paper, packaging, wood products, timber, biomass, tissue and nonwovens industries to help them make better decisions.
Headquartered in Boston, MA, RISI operates additional offices throughout North and South America, Europe and Asia.
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