Royal Golden Eagle (RGE) and Baosuo Enterprise Group have signed the contract for the second phase of the Rizhao tissue project in Shandong, adding 150,000 tonnes per year of high-quality tissue capacity.

 

All equipment for this phase will be supplied by Baotuo Paper Machinery, a subsidiary of Baosuo Group, including two towel paper machines and four BC1800-2850 crescent former tissue machines. The project is progressing steadily, reflecting the continued deepening of the strategic partnership between the two companies.

 

The Rizhao facility, operated by Asia Symbol (Shandong) Pulp and Paper Co., Ltd., has already completed its first phase, which added 150,000 tpy of tissue capacity and is now fully operational. The second phase will further expand production, contributing to a total capacity of 500,000 tpy once all phases are complete.

 

This series of projects is part of a strategic initiative to complement, strengthen, and extend the pulp and paper value chain at the Rizhao base. The expansion is expected to drive industrial transformation and upgrading, while supporting the growth of upstream and downstream sectors.

 

Baotuo Paper Machinery is providing core equipment and technical support for the project, ensuring high-quality implementation of this large-scale expansion.

 

Founded in 2005, Asia Symbol (Shandong) Pulp and Paper Co., Ltd. is a leading modern foreign-invested enterprise in Rizhao, integrating technology, scale, and environmental protection. The company produces 2 million tonnes of chemical wood pulp and 500,000 tonnes of white cardboard annually, with key products including chemical wood pulp, liquid packaging board, food board, cigarette board, cellulose fiber, and tissue paper.

 

Following RGE’s acquisition of Vinda International, Asia Symbol has leveraged brand and operational synergies to strengthen its position in the high-end tissue market, and the Rizhao expansion further reinforces its leadership ambitions.