IT Tech Packaging Inc T.ITP

Primary Symbol: ITP

Forest Products Paper & Paper Products

IT Tech Packaging, Inc., formerly Orient Paper, Inc. is a holding company for the Hebei Baoding Orient Paper Milling Company Limited (Orient Paper HB), a producer and distributor of paper products in China. The Company is engaged in production and distribution of four categories of paper products: corrugating medium paper (CMP), offset printing paper, digital photo paper and tissue paper products. The Company, through Baoding Shengde Paper Co., Ltd. (Orient Paper Shengde), is engaged in production and distribution of digital photo paper. The Company operates through two segments: Orient Paper HB, which produces printing paper and CMP, and Orient Paper Shengde, which produces digital photo paper. CMP is used in the manufacturing of cardboard. The Company has over two corrugating medium paper production lines, including PM6 and PM1. The Company also produces finished tissue paper products that are marketed and sold under the Orient Paper brand.

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IT Tech Packaging Inc

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Post by Betteryear2on Apr 01, 2022 9:04am

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Post# 34566388

Files Circular for Special Meeting of Shareholders

MONTREAL, April 01, 2022 (GLOBE NEWSWIRE) -- Intertape Polymer Group Inc. (TSX: ITP) (“IPG” or the “Company”) is pleased to announce that the Company has filed its management information circular (the “Circular”) for the annual and special meeting (the “Meeting”) of the Company’s shareholders (the “Shareholders”) to be held at 9:00 a.m. (EDT) on Wednesday, May 11, 2022 to, among other things, approve the previously announced acquisition of IPG by 1351693 B.C. Ltd. (the "Purchaser") an affiliate of Clearlake Capital Group, L.P. by way of a plan of arrangement (the “Arrangement”).

Intertape Polymer Group Inc. Files Circular for Special Meeting of Shareholders to Approve Acquisition by an Affiliate of Clearlake Capital Group, L.P.