Chinese competition has Bowater worried
September 19, 2006 By Pulp & Paper Canada
Bowater’s Mersey plant in Nova Scotia has expressed concern over the rapidly expanding Chinese market, CBC reported…
Bowater’s Mersey plant in Nova Scotia has expressed concern over the rapidly expanding Chinese market, CBC reported.
“It’s certainly significant and we’ll have to wait and see what develops, but certainly the mills that have come online have tremendous capacity,” CBC reported Kent Nickerson, a manager at the plant as saying. He feels China’s strength as a newsprint exporter may very well be one of the mill’s most disconcerting challenges.
“Being newer mills, they have very modern technology,” he pointed out.
The CBC report indicated that newsprint producers in the Maritime provinces are steeling themselves for cutthroat competition from the Asian giant.
It is anticipated that by next year, Chinese mills will be churning out more paper than the country needs.
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