The report focused on the company's acetate-grade dissolving pulp project, covering company overview, product development, market analysis, project achievements, and future plans, showcasing the company's strengths and potential in this field.

Part One: Company Overview.  The company originated from the Shixian Paper Mill, established in 1936 and once the largest paper mill in Northeast China. After years of development, it underwent a joint-stock reform in 1998 and went public in 2003. Currently, it is a large-scale enterprise integrating pulp production, papermaking, cogeneration, and chemical production, with fixed assets worth 290 million yuan and complete infrastructure, including thermal power, electricity supply, water supply, sewage treatment, and transportation facilities. It boasts nine patented inventions. Acetate-grade dissolving pulp is primarily used to produce cellulose acetate flakes, which are further processed into acetate fiber tow (for cigarette filters), acetate plastics, and acetate films. The company has mastered the acid pulping process for this product, holds patented technology, and possesses technological innovation advantages.  

Part Two: Market Analysis.   

The global acetate pulp market is approximately 700,000 tons, with production concentrated in the U.S., Brazil, and Europe. Cigarette filters account for over 90% of the market share. Domestic demand stands at 250,000 tons annually, heavily reliant on imports, with major buyers including Nantong Cellulose Fibers Co., Ltd. Yanbian Shixian Shuanglu is the only domestic enterprise to successfully produce this product, offering process and raw material advantages over foreign suppliers.  

Progress in Acetate-Grade Dissolving Pulp R&D Project: 

Project Overview: In 2021, the company collaborated with multiple institutions to break technical barriers and achieve independent production. A new 250 kg/day pilot production line** was constructed, designed by China Zhongqing International Engineering Co., Ltd. 

Production Status: Official production began in January 2025, with qualified products meeting Nantong Fiber's technical standards.  

Project Achievements & Impact: The company secured invention patents, and the product passed multi-stage testing and expert reviews. The **pilot production line fills a domestic gap, enabling the production of various dissolving pulp products.  

100,000-Ton Acetate-Grade Dissolving Pulp Project Plan:  

Domestic demand is large but import-dependent, prompting plans for a new 100,000-ton annual production line, coupled with 142,800 tons of calcium lignosulfonate output.  Raw materials include softwood and hardwood, ensuring wide sourcing availability.  The sulfite pulping process, combined with advanced technology and company expertise, guarantees product quality.  The project has undergone feasibility studies, demonstrating advanced technical and eco-friendly solutions, strong socio-economic benefits, controllable risks, and alignment with industrial policies. Investor participation is welcomed.