Fujian Nanping Paper's 2008 newsprint production falls 5.1% to 270,522 tonnes, while inventory surges almost 400%

BEIJING , April 21, 2009 () – Affected by the global financial crisis, China’s Fujian Nanping Paper Co. kept its newsprint operational rate at 95% and chemical alkaline pulp board production at around 50%.

Its 2008 newsprint production fell 5.1% to 270,522 tonnes compared with the year before. Its newsprint sales fell by 12.3% to 246,958 tonnes, while total newsprint inventory surged 393.9% to 31,514 tonnes by the end of 2008.

The company’s gray pulp board production in 2008 plummeted 79.1% to 9,031 tonnes, while sales fell 69.3% to 10,717 tonnes compared with 2007. By the end of 2008, stocks of gray pulp board increased 29.6% to 6,143 tonnes.

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