Stock Guru Profile DRGG
There is no dispute that nanotechnology is on the cutting edge of packaging. To incorporate the latest world-class science into packaging in China gives Dragon International a strong competitive advantage. With their move into the pharmaceutical industry in India they have developed a strong foundation from which to launch a non-stop assault on the highly profitable pharmaceutical packaging industry.
Shanghai Jinkui Packaging Material Company, Limited, a wholly owned subsidiary of Dragon International, developed two new packaging products by using nanotechnologies. These products provide the much sought after packaging that consumers want and pharmaceutical companies must have.
Dragon International’s nanotechnology packaging provides a high isolation alto-extruded multi-layerfilm/sheet material.
What does that mean? The area of science known as nanotechnology is the manipulation of objects less than one-billionth of one meter in size.
Fundamentally, in packaging nanotechnology means the ability to construct stronger and more-versatile materials. Only a few nanometers thick, the embedded nano particles prevent gases from penetrating the film and keep moisture from escaping. Precisely what nanotechnology delivers to packaging is a thermal stability, mechanical strength and improved barrier characteristics. This protection provides improved gas-barrier properties by nanoscale additives. This works in blister packaging and plastic bottles fundamental to the pharmaceutical industry and for food packaging this is equally as important.
By 2015, the market for nanostructured materials will reach $340 billion. Dragon’s R&D team has developed nanotechnology packaging in partnership with a Fortune 500 company.
Mr. David Wu, CEO and Chairman of Dragon International Group stated, “We are committed to developing innovative, value-added, packaging solutions for targeted industries. These new packaging solutions are extremely promising, as they allow us to participate in the $10 billion pharmaceutical and food packaging business in China . Utilizing nanotechnology, in partnership with a Fortune 500 company, we have been able to enhance our technological capabilities, and position ourselves for dramatic growth in the pharmaceutical and food service industries. Innovative packaging solutions will allow us to drive our revenues higherfor years to come, with substantially higher margins over time.”
What does this mean? No one has to explain that being the first in an industry geographically, and developing your sales team, your manufacturing facilities and providing cutting edge products has been the basis for success for many American companies. In China’s emerging economy there is no reason to believe this formula will read any differently.
DRGG – Dragon International Group Corp.
Bldg 14, Suite A09
29 Dongdu Road
International Trading Center
Ningbo, 315000 China
Website: http://www.drgg.net
Phone: 86-574-56169308
Fax: 86-0574-56169378
Contact:
Andrew Brown
ROI Group Associates, Inc.
Tel: 212-495-0202
Email: abrown@roiny.com
SOURCE: Dragon International Group Corp.
Source: Nanotechnology Buzz by David M. Berube.
About Dragon International Group Corp. Dragon International Group Corp. (OTCBB: DRGG) is one of China’s leading manufacturers and distributors of specialty paper products and packaging materials. DRGG is operating as a manufacturer and distributor of paper and integrated packaging paper products. DRGG has a distribution network covering east and central China. Dragon and its subsidiaries have cultivated strategic relationships with several of the world’s largest and well-known manufacturers of paper and specialty packaging products. For more information, please visit http://www.drgg.net.
Safe Harbor and Forward Looking Statement: Certain statements set forth in this article constitute “forward-looking statements.” Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company’s actual results and financial position to differ materially from those included within the forward-looking statements, including the Company’s ability to obtain sufficient financing to fund both its internal growth opportunities and acquisition strategy. More information about the potential risks and factors that could affect the Company’s business and financial results is included in the Company’s filings, available via the United States Securities and Exchange Commission at http://www.sec.gov/.
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