China Forestry Industry Corp. put more strength on gum rosin industry after mergence

04/09/2007
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China Forestry Industry Corp. is one of subsidiaries of China Forest Group Corp., which is a state-owned Corporation. According to the requirement of China Forest Group Corp., China Forestry Industry Corp. has finished the mergence of China Gold Dragon Rosin Group Corp. in November, 2006.

China Gold Dragon Rosin Group Corp. has been established in 1994 by China Forest Administration, Gold Dragon mainly engaged in producing and marketing gum rosin, turpentine oil and theirs derivatives. After tens years development, Gold Dragon has become one of leading player in gum rosin and derivatives industry.

China Forest Industry Corp. has found in 1981, main businesses are timber Imp& Exp, artificial board and forest chemicals producing and marketing. After acquisition of China Gold Dragon Rosin Group Corp. , gum rosin and turpentine oil has been regarded as one of backbone business of the Corp.. The corporation aims to producing above 10% of national gum rosin output and anchors on derivatives industry.

The corporation presently is eager to merge more gum rosin and derivatives plant in China.

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