World Recovered Paper Usage to Surge 50 Million Metric Tons by 2014
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China will generate the majority of the growth in recovered paper demand over the next five years, and while governments and papermakers attempt to boost domestic recovery of paper in China, this will not meet forecast demand as much is used for packaging goods which then leave the country. The fifth edition of Outlook for Global Recovered Paper Markets published this past week by RISI, Brussels, Belgium, provides the current and forecast developments in recovered paper markets around the world.
International trade in recovered paper will continue to boom and Asian papermakers will search worldwide for new supplies as recovery rates are tested in the developed world, RISI notes. The report reveals India's growing demand for imported recovered paper, and new to this edition of this report are pulp and recovered paper demand and trade for more than one hundred countries. The report details usage, recovery rates, trade balances, and price forecasts until 2014.
The study team leader, Rod Young, who has been analyzing fiber and paper markets for more than 30 years, predicts "that the supply side of the recovered paper market will see a lot of activity in the upcoming five years. Rising prices for recovered paper, along with huge increases in demand, would imply that larger companies will both be needed and interested in the supply side of this market. Mergers and acquisitions should be an active field in this industry." More information about this study is available by contacting Sara Girtz (North America) at 770.373.3001, sgirtz@risi.com; or Natalie Rotondi at 781.734.8963, nrotondi@risi.com.
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