Shanghai's paper-making industry to post major growth in 2005-2010 period
Jul 12, 2006. Shanghai's paper-making industry is expected to gather speed in the next five years.
Jul 12, 2006. /Lesprom Network/. Shanghai's paper-making industry is expected to gather speed in the next five years with the city's annual paper production capacity anticipated to reach 2 million tonnes by 2010, CEIS reported citing the Shanghai Paper Trade Association.
The 2010 output of paper and cardboard is expected to top 2.0 million tonnes, up 140.9% over that of 2005. From this year to 2010, the average annual growth rate of the industry is estimated at 28.2%, according to the association's latest forecast.
The paper industry's revenue is expected to reach CNY 9.3 billion ($1.2 billion) in Shanghai, 181.8% higher than at the end of 2005.
During the period, CNY 10.1 billion ($1.3 billion) will be spent on increasing the paper production capacity by 300 000 tonnes of newsprint, 100 000 tonnes of toilet paper, 400 000 tonnes of packaging cardboard, and 410 000 tonnes of white cardboard.
The industry has been in the doldrums for the last ten years under the city's reinforced pollution control efforts. However, with the introduction of computer-controlled production lines and advanced bio- engineering sewage disposal technology, the modern paper-making industry has taken shape in Shanghai.
The Shanghai Paper Trade Association said that the industry will experience a boom as a result of the improved pollution control technologies.