Spend smart money
March 1, 2000 By Pulp & Paper Canada
THE PULP AND PAPER INDUSTRY is approaching the new millennium with optimism. The rising price of our product has directly affected our bottom line. But the pulp and paper industry must proceed with so…
THE PULP AND PAPER INDUSTRY is approaching the new millennium with optimism. The rising price of our product has directly affected our bottom line. But the pulp and paper industry must proceed with some caution. When will we experience the next downturn: one year, two years, five years? No one knows. If individual companies are to survive the next market downturn we must spend smart money now! Investing in capital projects that provide the best possible return on investment is absolutely necessary and will be on every mill management agenda. More importantly, we must concentrate on cost reduction, especially in the area of energy. The companies that survive the next downturn will have had a strong viable cost reduction program.
How can PAPTAC help? Well, through the strong guidance of our past chairman, Ross Williams, PAPTAC has been converted from a directed association to an independent viable operation with a revived mission of exchanging technical information. PAPTAC is a service group, dedicated to the exchange of technical information between its members — period! Accomplishing this task is the direct responsibility of the Executive Council and Rob Wood and his PAPTAC staff.
In the upcoming year, the Executive Council will concentrate specifically on improving the exchange of technical information through improved Internet access. The Executive Council will also look at expanding services to individual branch members. Finally, we must satisfy our annual meeting exhibitors by increasing the number of annual meeting participants. Your Executive Council is a dynamic group of individual pulp and paper industry executives with a common goal: “How can we better serve our members?”
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