Limited to 2 years out of the State Council Paper backward production capacity – Slurry Pump Parts
April 6, the State Council, "notice" that will be out of light before the end of 2011 some of backward production capacity. The paper industry, the annual output of 34,000 tons the following straw plant, the following annual output 17,000 tons of chemical pulp production line, and use of waste paper as raw material, produce 10,000 tons less paper production line, it is necessary fade into history.
According to "notice", the paper industry have been eliminated is larger. In this regard, interviewed a number of industry believes that the paper industry market space that it will be a further release of the leading enterprises will be positive, and it is expected that there will be more policy support.
Free market space
It is understood that, from 2007 to the end of 2009, the industry has to eliminate backward production capacity 6,000,000 tons. Last year, China's paper industry production reached 90 million tons or more, there is oversupply in the domestic, especially coated paper. In response, the industry that is not serious, some high-end paper products are still in short supply.
According to Pulp and Paper Association reported, it is expected the end of 2010, paper production capacity will reach 105 million tons effective, domestic consumption of 96 million tons. Although exports of coated paper and other paper products by the impact of overseas trade war has decreased, but high-end newsprint, wrapping paper, to enhance exports, to absorb the domestic surplus production capacity.
It is noteworthy that, in the elimination of backward production process, there is behind the false shut down and transfer production to other provinces of the phenomenon, to the effect of policies compromised. In this regard, the industry proposed to increase efforts to eliminate the same time, new capacity should also be restrictions.
"Elimination of backward production capacity can not rely on the national executive order solution depends on competition, technological progress, to squeeze out backward and weak enterprises, leading to free enterprise market space."
Cultural paper benefited most
Some executives of listed companies and brokerage analysts believe that notification of the proposed objectives and paper industry had made no higher than, but the elimination of backward production capacity of the executive power will be even greater, listed companies will continue to benefit.
Bo Paper secretaries to directorate James Young said in an interview, the most obvious beneficiary of the policy of cultural paper (such as art paper, newsprint), because the culture of paper production capacity is relatively small, is the key out of the object. States Securities researcher said, coated paper, white cardboard, newsprint, market concentration is already high, and therefore benefit less, but the fine paper market concentration can be further improved, will certainly have a culture of paper products brings benefits such as the Sun Paper, Bo Paper, Chenming Paper, China and Thailand share, etc..
Pacific Securities researchers said, although eliminate backward production capacity has already started work, but there are still a relevant public company market space vacated the room, and is expected to have more on policy.
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