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Saturday, February 23, 2008

 

Waste paper recycler gets tax perks

 
GOLDEN Swan Paper Products Corp. has secured tax incentives and other perks from the Board of Investments for the production of test linerboard and corrugating medium using pure waste paper.

In its application for registration at the BOI, the company said that it is infusing P100 million to set up a linerboard and corrugating medium production plant by using 100 percent scrap and waste papers, which will be sourced locally.

Both products will be used as raw materials for the production of corrugated carton boxes.

Further, the test liner linerboard will be used as an outer layer of a corrugated board, while the corrugating medium is a paperboard made from chemical and semi-chemical pulp or waste paper that is then converted as a corrugated board by passing through corrugating cylinders, the company said.

Corrugated fiberboard is a combination of paperboards, usually two flat pieces of paper and one inner intestined medium. This material is often used for making boxes for shipping products, since it is more durable than regular boxes.
-- Katrina Mennen A. Valdez

  
 

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