APP in China
The famous Indonesian consortium, Sinar Mas Group, was founded by Mr. Eka Tjipta Wijaya, the prominent Chinese entrepreneur from Asia. The group\'s four core businesses include pulp and paper, agriculture, food, real estate development and other core industries linked to the pulp and paper industry, led by the Asia Pulp Paper Co., Ltd. (APP).
Through unwavering efforts in the last 30 years, APP is now one of the world\'s top ten corporations in paper making, with overall assets of over $10 billion, and an annual production and processing capacity of more than 10 million tons.
Since 1992, APP focused its investments in the Yangtze River Delta and the Pearl River Delta region, building large scale pulp and papermaking enterprises with world-class paper-making technology, including Gold East, Ningbo Zhonghua, Gold Huasheng, Gold Hong Ye and Hainan Jinhai, as well as the cultivation of fast-growing paper plantations. At present, APP owns 17 pulp and paper companies in China and more than 20 forestry centers, as a sole corporation and holding company with assets of about RMB 56 billion, and an annual production capacity of over 5 million tons. In 2005, the 20,000 full-time employees contributed to sales in China exceeding RMB 16.8 billion.
Please feel free to visit the official website for more details:
