HGHY has been honored with the title of “Vice President Unit” of the Pulp Molding Branch of the China Paper and Pulp Industry Chamber of Commerce. This accolade follows previous recognitions, including “Specialized, Special and New Small and Medium Enterprises,” “High-tech Enterprises,” and “Science and Technology Little Giant Enterprises,” marking a significant milestone for HGHY.
The pulp molding industry is booming amid global green and low-carbon initiatives. China, home to about 4,000 pulp molding enterprises, leads the world in market size and innovation. In 2022, China’s pulp molding production capacity reached nearly 2 million tons, with exports making up over half of the global total. Key segments include disposable catering packaging, fine industrial packaging, and ordinary industrial packaging, dominating global market shares.
Pulp molding represents a vital innovation direction for the pulp and paper industry, promoting sustainable and low-carbon development. The establishment of the Pulp Molding Branch aims to advance these goals and enhance industry collaboration.
As the world’s largest pulp molding market and leading technology supplier, China’s industry is set to grow into a multi-billion-yuan market, drawing significant global investment and attention.
In its new role as Vice President Unit, HGHY is committed to advancing sustainable and healthy industry development. The company will focus on technological innovation, high-quality growth, and strengthening international exchanges, enhancing the green and low-carbon image and impact of pulp molding.
