
中国造纸二十强 · 第19位
龙源纸业强在哪里?168.65万吨背后的废纸、热电与豫东包装纸基地
在行业增产不增利的年份,龙源纸业如何靠废纸、热电、智能生产和豫东交付半径进入第19位?这篇文章也解释,产量之后还要看什么。
龙源把废纸、热电、生产和交付做成一座区域包装纸基地。这个系统,比单台纸机更能解释它的产量增长。
包装纸有运输半径,纸板厂购买的也不只是纸卷,还包括稳定克重、按时到货和上机效率。把这些环节压在太康同一基地,是龙源这轮增长最值得包装链条关注的地方。
168.65万吨为协会2025年度调查产量。政府公开的120万吨生产能力、40万吨已投产线和后续规划属于不同时间和阶段,不能合并计算开机率。
龙源纸业|2025年
168.65 万吨 协会调查产量,位列第19位。
20.02% 较协会列示的2024年产量增长。
1231 工信部绿色工厂名单序号。
168.65万吨,先看它从哪里长出来
2025年,全国纸及纸板产量增长3.74%,行业营业收入却下降2.59%,利润总额下降13.55%。龙源纸业的产量同比增长20.02%,明显快于行业总量。
太康县政府公开信息将龙源的主要产品列为箱板纸和高强瓦楞纸。它们位于瓦楞纸板、纸箱和运输包装的前端,客户通常集中在一定运输半径内。纸价相近时,运费、交期和临时补单能力很快就会拉开实际采购成本。
豫东连接河南及周边的食品、制造、物流和消费市场,废纸来源与包装需求都具有区域密度。纸机靠近原料和客户,可以缩短废纸进厂与原纸出厂的链路,也更容易处理旺季补货、规格切换和交付波动。
2025年的产量增长,说明太康基地接住了更多生产任务。它还不能单独证明利润率、市场份额或客户结构发生了怎样的变化,却让龙源从区域纸企走进了全国重点造纸企业产量榜的前20位。
研究资料:中国造纸工业2025年度报告;太康县生产企业基本情况
走进太康工厂,增长靠的是一套连续系统
周口市政府2025年报道,废纸进入龙源后,要经过筛选、压榨、干燥、卷取、切割和包装等20多道工序。企业当时拥有5条智能化造纸生产线和1座集中供热热电联产设施,并配置能耗在线监测、原料收购、质量控制和智能仓储系统。
这些设施放在一起,解决的是包装纸工厂每天都会遇到的细节:废纸杂质多不多,蒸汽和电力稳不稳,纸卷厚度与重量能否追溯,订单分切后能不能准确入库。任何一个环节失控,最后都会变成纸病、停机、延迟交货或客户投诉。
报道还援引企业管理人员称,智能化、绿色化改造后,产能提升28%,单位产值能耗下降15%,产品不良率下降25%。这些数字没有公开计算期间、分母和第三方验证,适合用来理解改造方向,不宜与协会产量互相推算。
龙源在2026年3月进入工信部2025年度绿色工厂名单。与此同时,周口市2025年度环境监管重点单位名录把龙源列为水环境和大气环境重点单位。两项身份可以同时成立:大型造纸基地持续进行节能和循环改造,也必须长期面对用水、排放、能源和信息披露要求。
研究资料:周口市政府龙源纸业报道;2025年度绿色工厂名单通知
纸板厂感受到的“强”,往往发生在纸机之外
一卷纸能不能变成稳定的瓦楞纸板,取决于它在客户生产线上如何表现。箱板纸要看耐破、环压、耐折、含水率、表面质量和印刷适应性;高强瓦楞纸还要看横向环压、裂断长、克重稳定和成楞表现。
这些指标最终会落到很具体的经营结果:换纸后需不需要降速,胶量会不会增加,纸板翘曲和爆线是否变多,同一牌号跨批差异有多大,旺季能否按时补货。原纸单价便宜,不代表每平方米纸板的综合成本更低。
2021年,周口市工信局披露,龙源的A级再生箱板纸和AA级瓦楞原纸入选当年度国家级绿色设计产品名单。这为产品类别提供了公开坐标。对采购方来说,名单之外仍要回到自己的楞型、设备、胶黏剂、车速、环境湿度和终端负荷做验证。
龙源基地的潜在价值,就体现在这里:原料、能源、生产、分切和仓储集中后,纸厂更有条件缩短异常反馈链路。这个能力有没有转成客户价值,需要纸板线效率、批次稳定、准交率和复购来回答。
产量之后,还有几道账要慢慢算
周口市商务局2025年11月披露,龙源“百万吨绿色循环造纸项目”分期建设,其中一条40万吨生产线已于2024年9月投产;报道同时称企业已经形成120万吨造纸生产能力。另有一条40万吨生产线处于规划阶段,二期80万吨生产线计划在“十五五”初期开工。
已投产、正在规划和计划开工,分别代表不同进度。后续项目能不能如期推进,要看设备安装、调试、产品切换、客户验证和资金安排。政府报道中的120万吨生产能力与协会168.65万吨产量也不是同一个可直接比较的口径,现有公开资料不足以计算利用率。
龙源是一家非上市企业,公开渠道没有提供与2025年产量相匹配的最新营业收入、利润、经营现金流、库存和应收账款。因而第19位只能说明产量位置,不能替代经营判断。
接下来可以留意三组变化。新生产线能否保持稳定负荷和良率;纸板厂使用后的综合成本、交期和复购有没有改善;扩产带来的库存、应收和项目支出,能否由经营现金覆盖。再加上水、气、能源等责任数据,才能看清这座基地是继续变强,还是只是继续变大。
研究资料:周口市商务局项目报道;周口市2025年度环境监管重点单位名录
龙源纸业进入第19位,为中部包装纸市场增加了一个值得持续观察的区域基地。
废纸、热电、智能生产和仓储交付已经形成可见的制造基础,分期项目又提供了继续扩大的空间。
产量说明一座工厂做了多少纸;客户的生产线和企业的现金流,才会说明这些纸做得值不值。
博碳包装·产业洞察·研究说明
本文依据中国造纸协会、工业和信息化部、周口市及太康县政府公开资料,由博碳包装独立研究整理,核验截至2026年8月30日,仅供造纸、包装、再生纤维、设备能源与产业经营研究学习,不构成投资、采购、产品合规或工程决策依据。未发现博碳包装与龙源纸业公开披露的投资、供应或项目关联,发布前由用户最终确认。如对内容、数据或权益存在异议,可提出修改、说明或删除要求,我们将在收到后24小时内核查处理。
博碳观察数据与核验来源
01|中国造纸协会|中国造纸工业2025年度报告
02|工业和信息化部|2025年度绿色工厂名单通知
03|周口市人民政府|龙源纸业:“废”里寻宝
04|周口市商务局|“十四五”答卷里的周口担当
05|太康县人民政府|太康县生产企业基本情况
06|周口市工业和信息化局|国家级绿色设计产品
07|周口市生态环境局|2025年度环境监管重点单位名录

China's Top 20 Paper Producers · No. 19
What Makes Longyuan Paper Strong? Recovered Fiber, Cogeneration and a 1.6865-Million-Tonne Packaging-Paper Base in Eastern Henan
In a year when the industry produced more but earned less, how did Longyuan Paper reach No. 19 through recovered fiber, cogeneration, intelligent production and a delivery radius centered on eastern Henan? This analysis also explains what must be examined beyond output.
Longyuan has integrated recovered fiber, cogeneration, production and delivery into a regional packaging-paper base. This system explains its output growth more convincingly than any single paper machine.
Packaging paper has a limited economic transport radius. Corrugated-board producers buy more than paper rolls: they also buy consistent basis weight, on-time delivery and reliable runnability. Concentrating these capabilities at one base in Taikang is the aspect of Longyuan's recent growth that matters most to the packaging value chain.
The 1.6865 million tonnes is Longyuan's output in the association's 2025 survey. The 1.2 million tonnes of production capacity reported by the government, a 400,000-tonne line already in operation and subsequent expansion plans relate to different dates and project stages; they cannot be combined to calculate an operating rate.
Longyuan Paper | 2025
1.6865 million tonnes of surveyed output, ranking No. 19.
20.02% growth from the 2024 output reported by the association.
1,231 entry number on the MIIT Green Factory List.
1.6865 Million Tonnes: First, Trace the Source of Growth
In 2025, China's paper and paperboard output rose 3.74%, while industry operating revenue fell 2.59% and total profit declined 13.55%. Longyuan Paper's output increased 20.02% year on year, clearly outpacing overall industry growth.
Public information from the Taikang County government identifies linerboard and high-strength corrugating medium as Longyuan's main products. These materials sit upstream of corrugated board, corrugated cases and transport packaging, with customers generally concentrated within an economic transport radius. When paper prices are similar, freight, lead times and the ability to fulfill urgent replenishment orders quickly separate the actual procurement cost.
Eastern Henan connects the food, manufacturing, logistics and consumer markets of Henan and neighboring provinces, creating regional density in both recovered-paper supply and packaging demand. Locating paper machines near raw materials and customers shortens the inbound recovered-paper and outbound paper-roll routes, while making it easier to handle peak-season replenishment, grade changes and delivery volatility.
Output growth in 2025 indicates that the Taikang base absorbed more production demand. It does not, by itself, establish how margins, market share or the customer mix changed, but it moved Longyuan from a regional producer into the top 20 of China's major paper producers by output.
Sources:2025 Annual Report of China's Paper Industry; Basic Information on Manufacturing Enterprises in Taikang County.
Inside the Taikang Mill: Growth Depends on an Integrated, Continuous System
A 2025 report by the Zhoukou municipal government stated that recovered paper entering Longyuan passes through more than 20 processes, including screening, pressing, drying, winding, slitting and packaging. At the time, the company operated five intelligent paper production lines and one combined heat and power facility providing centralized heat supply, supported by systems for online energy monitoring, raw-material procurement, quality control and intelligent warehousing.
Together, these facilities address the daily operating details of a packaging-paper mill: recovered-paper contamination, the stability of steam and electricity, traceability of roll thickness and weight, and accurate warehousing after order-specific slitting. A loss of control at any stage ultimately becomes a paper defect, downtime, delayed delivery or a customer complaint.
The report also cited company management as stating that intelligent and green upgrades increased production capacity by 28%, reduced energy consumption per unit of output value by 15% and lowered the product defect rate by 25%. Because the calculation periods, denominators and third-party verification were not disclosed, these figures are useful for understanding the direction of the upgrades but should not be used to infer the association's output figures.
In March 2026, Longyuan was included on MIIT's 2025 Green Factory List. At the same time, Zhoukou's 2025 list of key entities subject to environmental supervision classified Longyuan as a key entity for both water and air. The two designations can coexist: a large paper base can continue investing in energy efficiency and circularity while remaining subject to ongoing requirements for water use, emissions, energy and disclosure.
Sources:Zhoukou municipal-government report on Longyuan Paper; notice on the 2025 Green Factory List.
What Corrugated-Board Producers Experience as Strength Often Happens Beyond the Paper Machine
Whether a paper roll can be converted into stable corrugated board depends on its performance on the customer's line. Linerboard must be evaluated for burst strength, ring crush strength, folding endurance, moisture content, surface quality and printability. High-strength corrugating medium also requires cross-direction ring crush strength, breaking length, basis-weight consistency and corrugating performance.
These metrics translate into specific operating outcomes: whether a grade change forces the line to slow down, whether adhesive consumption rises, whether board warp and score-line cracking increase, how much batch-to-batch variation exists within the same grade, and whether peak-season replenishment arrives on time. A lower paper price does not necessarily produce a lower total cost per square meter of corrugated board.
In 2021, the Zhoukou Municipal Bureau of Industry and Information Technology reported that Longyuan's Grade A recycled linerboard and Grade AA corrugating medium were selected for that year's national Green Design Product list. This provides a public reference point for the product categories. Buyers must still validate the grades against their own flute profiles, equipment, adhesives, line speeds, ambient humidity and end-use loads.
The potential value of Longyuan's base lies here: concentrating raw materials, energy, production, slitting and warehousing gives the mill a better foundation for shortening the feedback loop when abnormalities occur. Whether that capability becomes customer value must be demonstrated through corrugator efficiency, batch consistency, on-time delivery and repeat purchases.
Beyond Output, Several Accounts Still Need to Be Reconciled
In November 2025, the Zhoukou Municipal Bureau of Commerce reported that Longyuan's one-million-tonne green circular papermaking project was being built in phases. One 400,000-tonne production line entered operation in September 2024, and the report also stated that the company had established 1.2 million tonnes of paper production capacity. Another 400,000-tonne line remained at the planning stage, while an 800,000-tonne Phase II line was scheduled to start early in the 15th Five-Year Plan period.
A line in operation, a line under planning and a line scheduled to start construction represent different stages. Whether later phases proceed on schedule depends on equipment installation, commissioning, grade transitions, customer qualification and financing. The 1.2 million tonnes of production capacity in the government report and the association's 1.6865 million tonnes of output also use different, non-comparable measures; the available public information is insufficient to calculate capacity utilization.
Longyuan is not a listed company, and public sources do not provide 2025 revenue, profit, operating cash flow, inventory and receivables on a basis that can be matched to the reported output. Its No. 19 position therefore indicates an output ranking, not a complete assessment of operating performance.
Three sets of changes merit continued attention: whether new lines maintain stable loads and yields; whether corrugated-board producers see improvements in total converting cost, delivery performance and repeat purchasing; and whether operating cash flow can cover the inventory, receivables and project spending created by expansion. Adding responsibility data on water, air emissions and energy would make it possible to determine whether the base is becoming stronger or merely larger.
Sources:Zhoukou Municipal Bureau of Commerce project report; Zhoukou's 2025 List of Key Entities Subject to Environmental Supervision.
Longyuan Paper's entry at No. 19 adds a regional base in central China's packaging-paper market that merits continued monitoring.
Recovered fiber, cogeneration, intelligent production, warehousing and delivery already form a visible manufacturing foundation, while phased projects provide room for further expansion.
Output shows how much paper a mill produced. The customer's converting line and the producer's cash flow determine whether that output created sufficient value.
BIOTEN Packaging | Industry Insight | Research Note
This article is an independent BIOTEN Packaging study based on public information from the China Paper Association, the Ministry of Industry and Information Technology, and the Zhoukou and Taikang county governments. Information was verified through 30 August 2026. It is provided solely for research and learning concerning papermaking, packaging, recovered fiber, equipment and energy, and industrial operations, and does not constitute investment, procurement, product-compliance or engineering advice. No publicly disclosed investment, supply or project relationship between BIOTEN Packaging and Longyuan Paper was identified; the user retains final approval before publication. Requests for correction, clarification or removal concerning the content, data or rights involved will be reviewed within 24 hours of receipt.
BIOTEN Observer Data and Verification Sources
01 | China Paper Association | 2025 Annual Report of China's Paper Industry
02 | Ministry of Industry and Information Technology | Notice on the 2025 Green Factory List
03 | Zhoukou Municipal People's Government | Longyuan Paper: Finding Value in Waste
04 | Zhoukou Municipal Bureau of Commerce | Zhoukou's Achievements During the 14th Five-Year Plan
05 | Taikang County People's Government | Basic Information on Manufacturing Enterprises in Taikang County
06 | Zhoukou Municipal Bureau of Industry and Information Technology | National Green Design Products
07 | Zhoukou Municipal Ecology and Environment Bureau | 2025 List of Key Entities Subject to Environmental Supervision







