China and Thailand stock market bullish on the acquisition of domestic newsprint
China and Thailand share purchase Noske (Hebei) Paper, mainly optimistic about the future of the domestic newsprint market, followed by Noske (Hebei) Paper has the world's most advanced
Papermaking Technology and equipment, also acquired one of the reasons it's important.
China and Thailand share on Sept. 26 announced that the company intends to fund the estimated 925 million acquisition of Pan Asia Pte Ltd in Singapore held Noske Noske (Hebei) Paper Co., Ltd. 100% equity and all the related rights and obligations.
Acquisition Noske (Hebei) Paper, mainly optimistic about the future of the domestic newsprint market. And domestic
Coated Paper Pressure on the opposite face of anti-dumping, the U.S. newsprint market downturn, and our monthly domestic newsprint prices rise, without the worry of anti-dumping. With the 2008 inventory in the first quarter of 2009, gradually digested, and the current U.S.
Paper Prices fall, company performance will gradually reverse the trend of decline. The main products of newsprint in 2008 and 2009 because little new capacity, combined with industry self-regulation of production and elimination, in 2009 or have a certain improvement in the second half of 2010, the economy may be a higher degree of recovery.
Bloomberg2009 on September 15 showed, the U.S. newsprint price is only 456 U.S. dollars / ton (approximately RMB 3,113 yuan / ton), down 39.20% than the beginning; while China has recovered to 5,000 / ton, up 4.60 in early %. Another big market in Europe, newsprint prices for the 517 euros / tonne (approximately RMB 5,165 yuan / ton), only slightly higher than 3.30%. It is understood that although the first half of 2009, newsprint demand fell 0.7%, but demand is expected in the second half will be greatly improved. But also because of cultural paper and newsprint can be a total machine production, the relative profitability of cultural paper than newsprint, 2007 and 2008 by the newsprint paper production culture more than 600,000 tons, is expected to Guangzhou Paper in the fourth quarter of 2009, changing to 25 million tons of newsprint market in 2010 should be so optimistic.
Addition, Noske (Hebei) Paper has the world's most advanced paper making technology and equipment, also acquired one of the reasons. The product quality is stable, is considered Asia's best-quality newsprint, products are sold all over the country, some exports.
Noske (Hebei) Paper Co., Ltd. was established in August 2003, July 2005 production, total investment of 2.4 billion yuan, product color offset printing newsprint, annual production capacity of 330,000 tons. Metso paper machine manufactured by the Finnish, waste paper deinking
Pulping equipment By the German company Voith and Andritz, Austria jointly. Bleaching process as "totally chlorine" water consumption per unit of product 10m3, consumption of steam 1.75t, the world leading level of investment 9,682 million for the construction of sewage
Water Treatment Facilities to ensure the wastewater discharge standards.
Company is the leading newsprint companies, the current total capacity of 1.2 million tons (more than 1.5 million tons after the acquisition Noske), in addition to fine paper capacity of 400,000 tons, will grow through the capital market, while implementing the "going out "strategy to address the paper-making raw materials bottlenecks, and chlor-alkali use of unique resources, through international famous enterprises
Cooperation , Bigger and stronger chemical assets, will gradually form a "paper + chemicals" Two main industrial pattern.
Companies, including 60 million mu of forest-paper integration project of fast growing forest, 300 thousand tons / year of pulp lines and 450 thousand tons / year coated paper projects with a total investment of 5.6 billion, high-grade coated paper project is the main content one. According to reports, coated paper, after completion of the project, the annual growth
Sell Income of up to 32 billion, now the project construction has started, the project for completion in 2010. Recently, the United States, China's coated paper on a "dual" survey, will be a certain negative impact of the project. .
In September 2009 successfully open additional 100 million shares, raising the total to 1.266 billion yuan of funds, mainly to speed up the caustic soda project. Although the lower reaches of the recent demand for caustic soda is still in the doldrums, the project results in 2009 have little contribution to the company, but Europe and the United States and other major developed countries in economic data to better the future economic prosperity, to complete the project, the future real economic recovery in the arrival of when the first mover.
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