Orient Paper, Inc. announced that it resumed production at its manufacturing facilities on March 14, 2018. Production had been suspended since late January due to a government-mandated restriction on the supply of natural gas.

China’s paper industry is undergoing a profound transformation characterized by a dramatic surge in production capacity, which is set to reshape the global pulp and paper market landscape in 2025 and beyond. In coastal hubs like Shandong and Guangxi, new large-scale paper production facilities are coming online led by top manufacturers such as Sun Paper and Huatai Group, both of which are pursuing ambitious integrated production strategies. Sun Paper’s state-of-the-art Beihai base and Huatai’s major new project in Shandong are just two examples due to commission by late 2025, which will further consolidate China’s dominance in global paper output. Zhiyan Consulting reports that from January to August 2025, China’s machine-made paper and paperboard output achieved 106.659 million tons—a year-on-year increase of 2.7%—demonstrating the rapid growth trajectory and scale of operations now standard in the industry.

Oceanwood has entered into a sale and purchase agreement (the SPA*) to buy the entire issued share capital of Norske Skog AS (Norske Skog). Following a four-month competitive auction process, in which more than 100 prospective bidders were approached, Oceanwood emerged as the winning bidder by offering the highest value in cash for the shares and the intercompany loans. John Chiang, an Investment Adviser of Oceanwood, says: “Our first investment in Norske Skog was back in 2015 and we have supported and worked constructively with the group since. In November 2017, as it became apparent that it would be difficult to reach a consensual solution and solve the financial issues in the former Norske Skogindustrier holding structure, we decided to act to protect the operating companies. With the subsequent auction process now concluded, we are very excited to team up with Norske Skog’s management and employees. We share the ambition to see the new Norske Skog Group succeed and to realise the potential that we believe is inherent in the business as it continues to transform and grow.” Click Read More below for additional information.