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According to the 2012 Global forest, paper, and packaging sector outlook launched today by Deloitte Touche Tohmatsu Limited's Global Manufacturing Industry group, China is expected to lead the sector in growth for 2012 due to increasing demand in the Asia Pacific region.
For the pulp and paper subsector, forecasts are positive; as such, pulp plants are under construction in Brazil, Chile, Argentina, and Uruguay. Lower production costs, availability of raw material, and shorter growing time for trees are key drivers for the increase in pulp production in South America.
