On June 20, the commencement ceremony for the second production line of Boai (China) Swelling Core Material Co., Ltd was held in Tianjin Development Zone. Gou Lijun, who is a Standing Committee member of Tianjin Municipal Committee of the CPC, secretary of the work committee in Binhai New Area, and director of the management committee of Tianjin Development Zone, attended the ceremony. Before the ceremony he met with the CEO of Fiberweb Group Dai Yan and his entourage. The director of the Management Committee of Tianjin Development Zone He Shushan, deputy director of Tianjin Economic Commission Jia Hong, and deputy director of Tianjin Chamber of Commerce Chen Liming, attended the meeting and the celebration ceremony.

During the meeting, Gou Lijun first expressed his congratulations on the operation of the second production line of Boai company. He said that Binhai New Area has been brought into the key national development strategies, and many reforms and innovations will be experimented in this area. Tianjin Development Zone, as the core of Binhai New Area and the first-class development zone in China, will provide enterprises investing here with great development opportunities. In the future, Binhai New Area and Tianjin Development Zone will continue to support Boai’s development in this area and hope its development in Tianjin Development Zone will be a great success.

After the meeting, Gou Lijun and Dai Yan joined the opening ceremony for the second produntion line. He Shushan, director of the CMC delivered a speech in the celebration ceremony on behalf of Tianjin Development Zone.

He Shushan said in his speech, Fiberweb Group is an international leading enterprise in non-woven fabrics industry as well as one of the best clients in Tianjin Development Zone. Since 1999, when Fiberweb Group first invested in Tianjin Development Zone, we have been understanding and supporting each other while maintaining a close cooperative relationship so that  we have become an example of successful cooperation between multinational companies and Chinese local governments. During the past few years, Boai (China) Swelling Core Material Co., Ltd has steadily grown and developed with outstanding achievement, and made contributions for the economic development of Binhai New Area and Tianjin Development Zone. In the future, the management committee of Tianjin Development Zone will keep its promise and continue to offer the most preferential policies and best services for the development of Boai company. We hope that Boai company will seize the opportunity to accelerate its development, and work with Tianjin Development Zone for a better future.

It is understood that Fiberweb Non-Woven Fabrics Company is the world's largest supplier of high-quality and professional non-woven fabrics, and it takes leading position in the following world markets such as sanitation supplies, medical supplies, technical and industrial non-woven fabrics. The Group is headquartered in London. In 2006, it had a sale of 585 million pounds with 2300 employees all over the world. Boai (China) Swelling Core Material Co., Ltd was first constructed in 1999 in Tianjin Development Zone, a British-owned enterprises with a total investment of 68 million U.S. dollars. In 2006, the Group invested another 14 million U.S. dollars to build the second production line in the development zone. The production line adopts many domestically advanced technologies, and it will become the nation's largest, independently designed and self-installed clean paper production line with first-class quality. After the second production line runs into operation, the company's production capacity will reach an annual output of 26,000 tons of swelling core material products with a value of 65 million U.S. dollars, or about RMB yuan 450 million.