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

Sandy Yang

BEIJING , April 21, 2009 (ChinaPaperOnline.com) – 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.

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.