Sun Paper definition
Examples of Sun Paper in a sentence
AEDC, EDCCC and the Alliance agree to provide assistance for infrastructure improvements for Sun Paper.
The City of Arkadelphia and ▇▇▇▇▇ County agree to allow Sun Paper to finance the project with Industrial Revenue Bonds (IRBs) which allows the City and County to collect local property taxes at a reduced rate.
Sun Paper is a leading global integrated forestry, pulp and paper group with world-leading pulp and paper production lines, a national green factory and one of the top 500 enterprises in China.
AEDC, EDCCC and the Alliance will work with Sun Paper to obtain Economic Development Administration grants, New Market Tax Credits, or other financial assistance, for infrastructure needs.
Sun Paper is a company established under the laws of the PRC with limited liability and its shares are listed on the Shenzhen Stock Exchange of the PRC (stock code: 002078).
Working with Union Pacific Railroad (UP), the AEDC, the EDCCC and the Alliance will develop an intermodal facility on a public rail yard on the Sun Paper site.
In January 2020, Sun Paper established a co-operation company, Beifa Heli, with the Group through its wholly- owned subsidiary, Yongyue Environmental, holding a 15% equity interest in Beifa Heli.
AEDC, EDCCC, and the Alliance will work with Sun Paper to assess training and hiring needs and will put together an appropriate training and hiring plan to help Sun Paper quickly begin operation of the plant as well as support the long-term needs of Sun Paper’s growth.
Based on the industrial steam consumption volume under the normal production condition of Sun Paper and the industrial steam production capacity of Beifa Heli, it is estimated that (1) the industrial steam supply capacity will be 40 tonnes per hour in 2023, with 184 days (4,416 hours) of operation; (2) the industrial steam supply capacity will be increased to 60 tonnes per hour in 2024 and 2025, with 350 days (8,400 hours) of operation every year.
To the best of the Directors’ knowledge, information and belief having made all reasonable enquiry, except for the holding of 15% equity interest in Beifa Heli, Sun Paper and its ultimate beneficial owner are third parties independent of the Company and its connected persons.