Industry on the rebound
September 23, 2002 By Pulp & Paper Canada
Newsprint production grew 1.2% in July compared to the same month last year, resulting in an 88% operating rate, ac…
Newsprint production grew 1.2% in July compared to the same month last year, resulting in an 88% operating rate, according to the Pulp and Paper Products Council. Total North American shipments progressed for a second consecutive month, 4.7% year-over-year in July – the highest growth rate in well over two years.
Demand for printing and writing papers increased 2.6% year-over-year in July 2002. Production increased 4.4%, the first significant year-over-year growth so far this year.
World chemical market pulp producer inventories were up 217,000 tonnes in July, compared to the previous month. Pulp producers operated at 99% of capacity, up from 88% in the same month last year.
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