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BofA downgrades Lee & Man Paper to underperform from neutral, cuts fiscal 2024-2026 forecasts by 4%-5%; company's profit loss will continue to expand further for longer period of time due to paper industry needing massive demand growth to restore balance
Published: May 08, 2024 by AAStocks - financial news
Baosuo announces 11 sets of Baotuo tissue machines will be put into production at Lee & Man's Chongzuo base, China; five sets of BC1300-2850 crescent former tissue machines to start in Q4, then six sets of BC1800-3600 high-end crescent formers in Q1 2024
Published: October 26, 2023 by Baosuo Paper Machinery Manufacture Co., Ltd.
Lee & Man Paper Manufacturing orders ninth PrimePress X shoe press from Andritz for PM26 containerboard machine at Best Eternity Recycle Technology mill in Banting, Malaysia, to help save energy, further improve paper quality; start-up set for end of 2024
Published: August 30, 2023 by Andritz AG
Kadant starts up new 650 BDMT/day OCC line to produce containerboard at Shandong Hechuang Paper's facility in Linyi, China; Kadant starts up new pulping system for Lee & Man's PM26 in Malaysia, featuring Kadant Foundations fiber processing product line
Published: June 23, 2023 by China Business News

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