Wednesday, June 5, 2013

China Closing More Capacity

China to decommission outdated paper capacities
There is a need to close several facilities with an annual capacity of less than 51,000 tons
The government of China has officially announced  the reduction of outdated capacities for production of paper and cardboard by 4.55 million tons.
Such a decision is part of the earlier announced plans of the Chinese Ministry of Industry and Information Technology to close up to 19 production facilities from different segments of the country’s industrial production, including pulp and paper.