China’s Paper Industry: Adjusting to Change, Paper360º January/February 2017
It seems only a short time ago that China was scrambling to build as much capacity as possible. And build it they did: millions of tonnes (metric tons) of new capacity came on line in a short space of time. The machines were bigger, wider, and faster than ever. Then, of course—as is relatively common in the pulp and paper industry—suddenly there was over-capacity. In the case of China, exacerbating the overcapacity issue were a slowing economy and new electronic technology, resulting in a perfect storm…and a lot of paper with no place to go.
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