IT Tech Packaging Inc. is a leading paper manufacturer in North China. Using recycled paper as its primary raw material, the company produces and distributes three categories of paper products: packaging paper(corrugating medium paper), offset printing paper, and other paper products, which include digital photo paper as well as tissue paper, a part of the Company’s current business expansion plans.
T Tech Packaging, Inc. (NYSE MKT: ITP) a leading manufacturer and distributor of diversified paper products in North China, today announced that its major operating entity Hebei Baoding Dongfang Paper Milling Co., Ltd.(“Dongfang Paper) has entered into a supplementary acquisition Agreement (the “Supplementary Agreement”) with Hebei Tengsheng Paper Co., Ltd.(“Tengsheng Paper”)and its shareholders to.
IT Tech Packaging, Inc. (NYSE MKT: ITP) a leading manufacturer and distributor of diversified paper products in North China, today announced the commercial launch of a new tissue paper production line (the “PM9 Production Line”), following the success of its trial production, the receipt of its disposed wastewater discharge permits and construction completion acceptance from Chinese environmental authorities. Until now, Same as PM8 launched production at the end of 2018, the PM9 Production Line is located at Wei County Industrial Park in Hebei Province, China, with designed annual production capacity of 15,000 tonnes. The Company have has its two tissue paper production lines PM8 and PM9 operational so far, with designed annual production capacity of 30,000 in total.
IT Tech Packaging, Inc. (NYSE MKT: ITP) ("IT Tech Packaging" or the "Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced its unaudited financial results for the third quarter ended September 30, 2019. Continued Improvement in Margin and Profitability, Strong Growth in Sales Volume, Net Income and Operating Income, with Increases of 53%, 266% and 313%, Respectively, in Q3 2019, Reached the Highest Level Since Q4 2016