Chinese-funded packaging company's Indonesia plant goes into full production
China South King Technology Co., Ltd.'s holding subsidiary factory in Central Java province has been fully operational. The factory covers an area of 12,000 square meters and specializes in environmentally friendly paper bags, non-woven bags, label paper and other environmentally friendly packaging products.The company held an opening ceremony earlier, marking important progress in its overseas layout.
According to China Customs data, the packaging industry exported $42.1 billion in 2024 (a year-on-year increase of 5.3%), but the unit price of the product continued to decline. Nanwang Technology realizes the transition from export trade to globalized production by building a factory in Indonesia, and improves competitiveness by taking advantage of local sourcing and production costs.
The company's chairman said that the project is not onlybusiness investmenteven moreConnecting ChinaA bridge between Indonesia and the world.. The chief operating officer of the Indonesian factory emphasized the commitment to createSustainable businessBy means of theGreen production empowers local economiesRealizationMulti-win for shareholders and communitiesThe