Yuen Foong Yu Paper Manufacturing of Taiwan has decided to spend US$200m to add a third production line at its plant in Yangzhou, Jiangsu province.

The company expects the new production line, which will boost the plant’s production capacity to 1m tonnes of industrial paper, to begin operating in the fourth quarter of this year.

Yangzhou is situated on the north bank of the Yangtze River, about 100km northeast of Nanjing.