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Fri, Mar 29, 2024 05:59
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Management Side
IT Tech Packaging, Inc. Launches Production of Single-Use Face Masks for COVID-19 Protection
BAODING, China (News release) -- IT Tech Packaging, Inc. announced that it launched its production line of non-medical single-use face masks as planned, following completion of raw materials preparation, trial run of the equipment and the sample products inspection.

The Company currently has two sets of mask production equipment that produces approximately 100,000 single-use face masks per day. The mask production equipment is all automated and the strict operational procedures and guidance have been applied to ensure that each product complies with government requirements and regulations as to provide protection from COVID-19. All masks from raw material to finished products are produced in a seamless process and are packed for delivery after sterilization. The sample products have been licensed with Non-Medical Facial Masks Production Permit, Xingtai City Level. The Company has received orders from different organizations and is distributing the products to drugstores and supermarkets in Hebei Province. The Company anticipates the gross margin of its face mask products will be around 40%.

According to the statistics from National Development and Reform Commission, however the daily output of both medical and non-medical masks has reached over 100 million at February 29, 2020, there are still huge gap between the supply and demand due to large population based on ongoing resumption of production, work and school. It is expected that minimum 530 million face masks per day will be needed for 530 million workers from manufacturing and service industries only in China. Given the market trend, the Company built the dust proof workshop in 20 days and equipped the production line.

Mr. Zhenyong Liu, the CEO and Chairman of the Company commented, "Our high-standard dust proof workshop producing masks in Xingtai City, will effectively mitigate face mask shortage during this crucial stage that businesses and schools in Hebei Province are reopening. The capacity of 80 masks per minute with 24 hours operation will enable us supply approximately 100,000 masks per day to the market, which we believe will provide sufficient material support to protect workers returning to work and students resuming classes in the region of Hebei Province."

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