By: Nina Ying Sun
March 21, 2013
SHANTOU, CHINA — China's plastic machinery maker Guangdong Jinming Machinery Co. Ltd. has recently signed a 99.45 million yuan ($16 million) order for 102 three-layer blown film coextrusion lines.
The machines are model ZM3B-1300Q, including dies, winder, and extruders. They will be delivered to Wangqing, Jilin province-based Champions of the Earth Eco New Materials Co. Ltd. and its subsidiaries for the manufacturing of limestone paper products. The process uses calcium carbonate mixed with plastic resin to make limestone paper.
Champions of the Earth and its subsidiaries have been a major customer for Shantou-based Jinming.
Depending on the delivery schedule, Jinming expects the order to cast positive impact on the public company's 2013 financials.