In this issue we will be looking at Hung Hing’s environmental policies and the recent investment into Hung Hing. But first…. let’s look at our first case study to show you just one of the projects HH has been working on this summer.
Publishing News looked at the candidates for the Stora-Enso Design and Production Award including the first title in this series - Farmyard Tales Wind-Up Tractor Book:
Hung Hing’s paper is purchased from well-managed and environmentally friendly forests. HH are FSC, PEFC & ISO 14000 certified. Last year we also won Hong Kong’s “Caring Company” award.
HH’s waste water is treated & re-used. All raw materials comply with environmental protection regulations and we adopt technology, materials & design that minimise the impact on the environment.
HH use recycled paper & materials where possible. HH recycle 400,000 tonnes of waste paper every year inc; 60,000 tonnes from our own plants. We also manufacture our own Kraft, liner papers and cartons made up of minimum 70% recycled content.minimise the impact on the environment.
HH endeavour to shorten transportation time by producing at plants closest to our vendors. Recent studies show that shipping UK paper waste to China produced less Carbon Dioxide than sending them to UK landfill.
HH enhance and encourage the environmental awareness & responsibility of employees & suppliers alike. We review environmental policies & performance on a regular basis.
To capture opportunities arising from continued consolidation within the industry, Hung Hing entered into an agreement with a new investor in April 2008. The new investor , Asia Packaging Company Ltd, is beneficially owned by investment funds advised by CVC Asia Pacific Ltd. CVC is one of the leading private equity firms in Asia, with a proven record of investing in high quality printing, paper and packaging companies and helping them develop to their full potential. The transaction was completed in early July 2008 and brings investment and industry expertise in the form of new directors to Hung Hing allowing the Group to further expand in the future.
This capital injection will put Hung Hing in a great position to capture any opportunity arising from the current ongoing industry consolidation. A recent article in the US Publishers Weekly magazine said…
We were all very sorry to see Stephanie Calveley leave us in August for a well-deserved career break to be a full-time mum (is that a break?), but as always we have a strong team in place and Lee Alesbury has re-joined us heading up Sales. MacLehose are continually resourcing, to make sure all our customer’s requirements for working with Hung Hing in China are taken care of in the UK.
With Frankfurt just around the corner, please remember to let your sales contact know if you require a meeting and/or sales dummies.
Frankfurt Hong Kong Public holidays Chinese Holiday (Factory closed)
October 15th – October 19th 2008 September 15th 2008 (Mid-Autumn Festival) October 1st 2008 (National Day) October 7th 2008 (Chung Yeung Festival) October 1st – October 3rd 2008
Hung Hing Printing Group Company Ltd. MacLehose Associates, 49 Leigh Road, Eastleigh, Hampshire, SO50 9DF, UK
Tel: 00 44 (0)23 8062 9699 Fax: 00 44 (0)23 8062 9366 E-mail: hunghinguk@maclehose.co.uk Website: www.maclehose.co.uk
49 Leigh Road Eastleigh, Hampshire SO50 9DF, UK
T: +44 (0)23 8062 5858 F: +44 (0)23 8062 9366