Chinese business has begun to strengthen the paper companies

Chinese companies have begun to strengthen the paper. Oji Paper also in operation from January next year have established sales offices in Shanghai, this month Rengo, a wholly owned subsidiary of the joint venture in Qingdao and the production of cardboard. June, Nippon Paper Group, has funded the second largest domestic producer of corrugated cardboard. domestic paper industry has continued to decrease demand and declining fertility influenced by the economic downturn, but we are looking for a way out of the growing Chinese market of each company. Oji Paper is a day of 11 sales offices in Shanghai, was founded in January, there were transactions of January next year to start. The new company name “Oji international trade, capital of $ 100 million (approximately ¥ 8,360,000,000) was a wholly owned subsidiary. In addition to the sale of the pulp produced in Japan and other chemicals and raw production supply paper materials.

The company built a new plant in Nantong, which started trial operation of the papermaking equipment. Beginning next year, be in full operation is. The Institute also plans to produce pulp in 2013, “The new company also offers pastas (the company) said. Rengo is a wholly owned subsidiary of Qingdao to produce cardboard and “unification of Qingdao.” About 80% had already invested about 20 percent for manufacturers of corrugated business ● Qingdao tree “share the gain. Hashi Pack Aoshima Union Station again in July 2005, has doubled its production capacity. Rengo, “In the future, and try to accelerate business, promote business development in the area of Qingdao,” to try.

In China, the second largest country in the crate June HKD Nippon Paper “Aya Satoshi structure” (L & M) for 150 million $ 3.5 million (about 42.6 million dollars) invested 12 % of the issued shares will be taken. Sent employees, including 11 engineers are working to improve the efficiency of production, technical expertise. With a cake box “flip chart” and is the joint development of high value. After the Japanese paper, domestic demand for paper and paperboard is 10 years, about 1 percent to 2.762 billion tons, slightly weaker forecast. Permanent, but domestic shipments a year ago and 2.5 percent in October, 224 of 13,000 tonnes, compared with November last year, less than 11 months of last year. Although each company in China, “tight supply boxes (Hippaku) a (paper), desperately trying to strengthen the company and the main battlefield for the transfer of the paper industry in China.

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