China makes big investments in packaging grades, Corrugating International, October 2004 (61KB)
China is poised for a decade of growth. For the period 2000-2015, paper and paperboard consumption and production will grow rapidly in China. Who is adding all the capacity, what grades are going to be produced, who owns the new mills, and who is supplying the machinery? Containerboard demand is forecast to more than double, growing at more than 7% annually and increasing from 11 to 26 million metric tons. Production will grow at a similar rate, with 19 new paper machines coming on stream during 2003-2005—yet net imports are still expected to grow in the long run. Most of the new machines will be based on recycled fiber—mainly OCC.