rongsheng fishers supplier

Zhejiang Rongsheng Paper Industry Holding Co., Ltd. is one of the leading packaging board manufacturers in China. The company is located in Pinghu City, Zhejiang Province, China and was founded in 1980. Rongsheng Paper, with a paper capacity of 600,000 t/year, produces kraftliner, high-strength corrugated paper and coreboard .

Their PM 8 recently underwent a successful rebuild. A Bellmer TurboPress Shoe Press now replaces the original jumbo roll press at the second press nip. Zhejiang Rongsheng Paper opted for new shoe press innovation technology in the TurboPress. The special shoe design ensures a perfect line load, higher dry content, uniform CD moisture profile and maximum belt lifetime. The counter roll TurboRoll SZ with hydrostatic line load runs smoothly and requires little maintenance. The load at the edges can be adjusted separately to the moisture profile.

In an announcement to the Hong Kong Stock Exchange thismorning, Rongsheng said that co-founder and main shareholder Zhang Zhirong hadagreed to provide it with a CNY 200m ($33m) interest-free loan to financeworking capital. In addition, the group says it is seeking financial supportfrom the Chinese government.

Rongshengalso stated that in order to ease thepressure on the its working capital and ensure its stable production andoperations, it is currently in discussions with a number of banks and/orfinancial institutions for renewing existing credit facilities.

Singapore: China Rongsheng Heavy Industries Group Holdings Limited has officially announced the establishment of Rongsheng Offshore & Marine, the group"s new offshore engineering base in Singapore, a story first carried by SinoShip News on September 19. The company will focus on research and development, marketing and Engineering, Procurement and Construction projects in offshore engineering, drawing on Singapore"s superior industry advances and human resources. Rongsheng Offshore & Marine also officially announced that it has secured an EPC contract for a 2,000-meter deepwater tender barge from a Norwegian company.

Don Lee, Director and Chief Executive Officer of Rongsheng Offshore & Marine, has 40 years track record in the field. Prior to his appointment at Rongsheng, Lee served as an Senior General Manager at Sembcorp Marine"s subsidiary Jurong Shipyard, Senior Vice President of the Marketing of Sembcorp Marine, Director of Jurong Brazil, Director of Brazil Netherlands BV, and Director of PPL Shipyard. [22/10/12]