History
Funding Stage
1978 Long Chen was established with a capital of NT$ 135 million.
The first paper machine (PM1) started its containerboard production at Erlin with annual production of 15,000
tons.
1979 PM2 was installed at Erlin mill and produced containerboard 40,000 tons a year.
1980 Company name changed to ‘Long Chen Paper Company’
1981 Commencement of production of the third production line (PM3) at Erlin mill with annual containerboard
capacity 70,000 tons.
1985 Capital increased from retained earning to NT$365 million.
Long Chen went listing in Taiwan Stock Exchange in November.
Commencement of PM5 production at Erlin mill with annual capacity of 120,000 tons.
1987 Capital increased from retained earning to NT$596 million.
PM6 was installed at Erlin mill and made corrugated medium 150,000 tons yearly.
Long Chen’s containerboard total production capacity reached to 400,000 tons a year.
The first corrugators (1.8 meter) was installed at Zhanghua corrugated box plant with annual production of
51.6 million sqm. By this plant, Long Chen stepped downstream to corrugated packaging business.
1988 Capital increased from retained earning to NT$841 million.
One 1.8 meter corrugators was installed at Luzhu corrugated box plant with annual production of 48 million
sqm in May.
The company’s total annual production capacity of corrugated packaging products reached to 99.6 million
sqm
Diversification Stage
1989 Capital increased to NT$1,200 million by issuing new common shares for the new investment of household
paper business and improving capital structure.
1990 Capital increased to NT$1,359 million from retained earnings and new shares issuance.
Commencement of production of PM7 at Ching-shuei mill and produced household paper 10,000 tons a year.
And the two brands of tissue paper, Tender & Delight, were firstly announced and promoted in the consumer
market.
1991 Capital increased to NT$1,959 million for the cogeneration investment at Erlin mill and pay off bank loans.
1992 Commencement of cogeneration operation in May and able to sell the spare electricity to Taiwan Power
Company.
1993 The 2nd production line of household paper PM8 was installed and operated at Ching-shuei mill. The
company’s total household paper annual design capacity reached to 30,000 tons.
1995 Capital increased from retained earnings to NT$2,430 million.
The corrugators at Zhanghua plant was moved to Shengang corrugated box plant in March.
Long Chen acquired the majority shares of Pao Long International Co., Ltd. and managing the company
(annual production of 60,000 tons of printing & writing paper at Douliu mill and 70,000 tons containerboard
at Lin-nei mill) in October.
1996 Capital increased from retained earnings to US$2,670 million.
The cogeneration business was spin off to Yuema Engineering Co., Ltd in July.
1997 Invested US$7 million to acquire Wuxi Longda paper company and began containerboard manufacturing
business in the Mainland China.
A 2.5 meter corrugators started operation at Longtan plant at an annual design capacity of 90 million sqm
in December,.
1998 Capital increased to NT$4,700 million by new shares issuance.
Long Chen purchased Douliu paper mill from Pao Long International in April.
Commencement of production of the first household paper machine at Suzhou mill with an annual production
capacity of 20,000 tons.
Long Chen’s total household paper production capacity reached to 50,000 tons yearly.
Transforming Stage
1999 Sold all household paper business and the brands, Tender & Delight, to P&G group in October.
  Capital increased to NT$5,115 million.
2000 The first new paper machine (PM1) at Wuxi mill started operation with annual containerboard production at
100,000 tons yearly.
  Wuxi Longda company was changed name to ‘Wuxi Long Chen Paper Company’ in July.
2001 ERP system was successfully implemented in January.
2002 PM7 & PM8 at Douliu mill were transformed to produce containerboard paper at 120,000 tons yearly from 
printing & writing in August,. Long Chen’s total containerboard production capacity reached to 500,000 tons
yearly and completed its execution of ‘Focus to Containerboard products’ strategy.
Containerboard Focus & Expansion Stage
2003 ERP system was implemented successfully in Wuxi Long Chen in January.
The 2nd new paper machine started operation at Wuxi Long Chen with annual containerboard production at
200,000 tons.
Established of Long Chen Kunshan and commencement of corrugated products production in December.
2004 Acquisition of Suzhou Huafung corrugated box plant in June with a 2 meter corrugators and production of 70
million sqm products. Name changed to Long Chen Suzhou.
2005 Long Chen Taiwan first time to have non executive directors in the board committee in May.
2006 A new 2.5 meter corrugators started production at Shengang plant in July.
Marubeni Corporation (Japan) invested US$40 million to Yuema International (Caymans), the holding
company of Long Chen’s paper business in mainland China in October.
2007 Establishment of Zhejiang Long Chen in April.
Goldman Sachs invested US$40 million to Yuema International (Caymans) in April.
A 1.8 meter corrugators started operation in Nankan plant in June with annual. production of 55 million sqm in
June.
Closing US$80 million syndicated loan of Zhejiang Long Chen in August.
A 2.5 meter corrugators started operation in Xiasha plant in August with annual production of 85 million sqm
corrugated products in August.
Yuema International (Caymans) was changed name to ‘Long Chen Paper (China) Holdings Co., Ltd.’ in
September.
2008 A BHS 1.8 meter corrugators started operation in Luzhu plant in September with an annual production of 65
million sqm products in September.
The Chairman & CEO of Marubeni Corporation Japan visited Zhejiang Long Chen at Ping-hu in November.
2009 A 1.8 meter corrugators started operation in Yunlin plant with annual production of 65 million sqm corrugated
  products in February.
  The third production line (PM3A) tested running in May at Wuxi Long Chen with annual design capacity
of 258,000 tons.
The first containerboard production line (PM5) in Ping-Hu mill (Zhejiang Long Chen) has commenced mass
production in May with annual design capacity of 388,000 tons.
In May, the second production line (PM6) with annual design capacity of 258,000 tons tested running
in Zhejiang Long Chen (Ping-hu mill).
In May, a BHS 1.8 meter corrugators started operation in Kunshan box plant with annual production of 60
million square meter corrugated board and boxes.
Capital increased to NT$6,970 million by new shares issuance in November.
2010 A 1.8 meter corrugators started operation in Minhang plant with annual production of 65 million sq.m
2011 Wuxi Paper Mill’s wastewater discharge reached the world-class standard of below COD60 PPM.  
    Six subsidiaries in China received an USD 152 million syndicated loan .
    Pinghu Paper Mill finished PM6 size spray project and JOCC pulp production line installation.
    Two subsidiaries in China received an USD 130 million syndicated loan.
    Pinghu Paper Mill and Wuxi Paper Mill were awarded the 2011 Environmentally-friendly Enterprise of Paper
    Industry by China Paper Association.
    The production of Xiasha Long Chen’s corrugators reached 7.13 million square meters, a record high among
    all box plants in Long Chen Group.
  2012 Nankan plant reached a new milestone with annual production of 4 million sq.m. in Jan.
    The anaerobic biosystem in Erlin mill, which reduced the production of the aerobic sludge with monthly output of 800 tons and produced 7,000 m3 biogas for the cogeneration plant, completed expansion and went into operation in Feb.
    Wuxi paper mill has passed the cleaner production audits of the Wuxi City with 5 year validity in Feb.
    Erlin paper mill reached a new record high of 34,680 tons in May.
    Long Chen received an NTD 2,800 million syndicated loan in June.
    Wuxi paper mill and Pinghu paper mill were awarded the〝 Model Enterprise of Information-Based and Industrialized in China National Light Industry〞 in Sep.
Pinghu paper mill has passed ISO 9001 and ISO 14001 system certifications in Sep.
Kunshan plant has earned the “Certification of High-Tech Enterprise” in Oct.
Pinghu paper mill reached a new record high of 54,756 tons in Dec.
Minhang plant has earned Occupational Health and Safety Assessment Series 18001 (OHSAS18001) in Dec.
  2013 Erlin factory, address in Changhua, was awarded the FSCTM CoC certification (BV-COC-116026) since 2013 May 6.
  Erlin paper mill has earned the Workplace Smoke-free and Health Promotion Certification in June.
  Wuxi paper mill was awarded the National May 1st Labor Metal by All-China Federation of Trade Unions in June.
  Wuxi paper mill was awarded" Outstanding Enterprise in 2012 National Paper Manufacturing Industry Energy Conservation and Emission Reduction Competition "by China Paper Association in June.
  Wuxi paper mill and Pinghu paper mill were awarded" “Outstanding team in 2012 National Paper Manufacturing Industry Energy Conservation and Emission Reduction Competition "by China Paper Association in June.
  Nankan factory, address in Taoyuan, was awarded the FSCTM CoC certificate (BV-COC-117248) since 2013 July 25.
  Longtan factory, address in Taoyuan, was awarded the FSCTM CoC certificate (BV-COC-117217) since 2013 July 25.
  Yunlin factory, address in Yunlin, was awarded the FSCTM CoC certificate (BV-COC-117169) since 2013 July 25.
  Luzhu factory, address in Kaohsiung, was awarded the FSCTM CoC certificate (BV-COC-117250) since 2013 July 25.
  Shengang factory address in Taizhong, was awarded the FSCTM CoC certificate (BV-COC-117692) since 2013 September 11
  The Long Chen’s subsidiary, Wuxi Long Chen successfully closed a RMB 550 mn syndicated loan in Sep.
  PM1 at Wuxi mill was transformed completely in Sep.
  Long Chen completed the NTD 1 billion cash capital increase, the share capital hence increased to NTD 7,870 million in Oct.
Erlin paper mill received "The 2013 Outstanding Performance for Energy-Saving Award" from the Bureau of Energy, Ministry of Economic Affairs in Oct.
  2014 The NTD 3.75 billion investment project in Erlin mill has earned the "Program for Strengthened Promotion of Investment by Returning Overseas Taiwanese Enterprises" Qualification from Industrial Development Bureau, Ministry of Economic Affairs in Jan
  Sep. Erlin paper mill was awarded "the Excellent Enterprise for employing more workers with disabilities than required" by Changhua County Government.
  Nov. Long Chen Paper was awarded “2014 Excellent Enterprise for Reduction of Greenhouse Gas Emissions” by the Industrial Development Bureau, MOEA.
Long Chen received an NTD 5,200 million syndicated loan in December.
2015 Long Chen Group containerboard production volumes has reached 2 million tons in 2014.
Long Chen Group has implemented biweekly 80 working hours in January.
Capacity of corrugated products has reached 340 million sq.m./year in China, and that of Group corrugated products has reached 700 million/year sq.m.
Group containerboard capacity has reached 2 million tons/year.
 
Group Production Capacity Taiwan Mainland China Total
Containerboard 400,000 tons/ year 1,600,000 tons/ year 2,000,000 tons/ year
Corrugated Products 360 million sq.m/year 340 million sq.m/year 700 million sq.m/ year