A large number of cheap imported base paper hit th

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A large number of cheap imported base paper hit the market

China's customs data show that Vietnam and Indonesia exported more than 780000 tons of box board corrugated paper to China in 2018, with a year-on-year increase of 243%, accounting for 31.7% of China's box board corrugated paper imports that year, and most of the import growth came from the performance and use precautions of corrugated paper tensile testing machine. While the export volume to China has increased, the investment enthusiasm of box board corrugated paper projects in Southeast Asian countries is high

paper leaders at home and abroad are attracted to Southeast Asia

according to Philippine media, United pulp and paper (UPPC) in the Philippines will invest 8.5 billion Philippine pesos (about 165million US dollars) to build a corrugated machine with an annual capacity of 220000 tons, which is planned to be put into operation in November 2020

the project was approved by the board of investments of the Philippines on April 16. The project will be located in calumpit, Bragan province. In addition to local consumption, the products are also planned to be exported to overseas markets

UPPC was founded in 1969 and is currently an enterprise under SCG in Thailand. According to fastmarkets risi data, UPPC currently has two paper machines in calumpit, with a total box board corrugated paper capacity of about 230000 tons/year

this paper machine is only one of many new projects of corrugated box board in Southeast Asia. According to the incomplete statistics of paper industry lianxun, the new production capacity of packaging paper and recycled pulp announced by China's major packaging paper enterprises in Malaysia and Laos has reached 10000 tons/year. However, local paper companies in Southeast Asia and investors from other countries and regions are also increasing investment in Southeast Asian countries

1. Japan jointly acquired 25% of the shares of a carton factory in Malaysia

at the beginning of last year, Japan jointly acquired 25% of the shares of United Packaging Malaysia Pte Ltd. United Packaging Malaysia Pte Ltd is a corrugated box company located in Shah Alam near Kuala Lumpur, which is invested by Thai containers Group Co Ltd. After the acquisition, RPM will become a wholly-owned subsidiary of Rengo. The corrugated packaging business in Southeast Asia, including Malaysia, will be an important strategic focus of Japan's joint "general packaging industry" overseas business, and the joint also said that it will further strengthen the supply system in the region

2. Japan Prince paper holding company will build a new plant in Malaysia. Therefore, GS paperboard packaging (GSPP) of Japan Prince paper holding company will build a new 1445 ton/day box corrugated machine in Malaysia, which is expected to be put into operation in 2021. After the completion of the new investment, Prince's corrugated board production capacity in Malaysia increased from the current annual output of 300000 tons to more than 750000 tons

3. Marubeni plans to build a corrugated box board project in Vietnam

Marubeni Corporation of Japan announced in January this year that it will build a 350000 ton/year corrugated box board project in PADI Touton Province, Vietnam, which is expected to be put into operation in the second half of fiscal year 2020

4. Nine Dragons is preparing to set up factories in Malaysia and India.

Zhang Yin, chairman of Nine Dragons Paper Co., Ltd., once said that his enterprise is processing paper raw materials in the Port Klang Trade Zone in Malaysia, and is ready to invest in building an intelligent and modern paper mill

the establishment of a factory in Malaysia is the second overseas investment announced by Nine Dragons Paper since this year. On March 2, Nine Dragons Paper signed a memorandum of understanding with Maharashtra Industrial Development Corporation of India. According to the memorandum of understanding, nine dragons will build a new plant in Maharashtra, invest about 45billion rupees (about 630million US dollars) in five years, and create 10000 jobs

5. Liwen paper invested 5.1 billion ports to build a project in Malaysia

Liwen paper announced in October last year to invest 5.1 billion ports to build 700000 tons of packaging paper and 550000 tons of recycled pulp capacity in Sepang, Selangor, Malaysia, to meet the growing paper demand in Southeast Asia and China

according to the plan, the project can produce 700000 tons of packaging paper and 550000 tons of pulp every year after its full production. This will be the second overseas production base of Levin outside China after Vietnam. At present, the first phase of Liwen paper making project is under construction

6. Jingxing paper has built a packaging paper project in Malaysia. In January this year, Zhejiang Jingxing announced that it would invest in a new plant in Selangor. The new project is 43 kilometers away from Port Klang and 52 kilometers away from Kuala Lumpur International Airport. The total investment of this project is US $299.4 million (equivalent to RMB 205.089 million), mainly using imported American waste paper as raw materials to produce waste pulp board and packaging base paper, reaching an annual output of 800000 tons of waste pulp board and 600000 tons of packaging base paper, including 355000 tons of box board paper and 245000 tons of corrugated paper. The project is planned to be constructed in two phases, with a construction period of 4 years

On March 27, Hangzhou Lanhai Yongchen Technology Co., Ltd. and Xinshengda holding group held a signing ceremony on the general contract of the Malaysian project. The new plant of Zhejiang Xinshengda is located in Kedah, Malaysia. In the first phase, three coated white paperboard production lines will be built, with a total annual capacity of 700000 tons. It is planned to be put into operation in 2020

Vietnam will become the largest consumer of corrugated box board in ASEAN

in addition to the impact of China's waste paper import policy, the capacity expansion of packaging paper and paperboard industry in Southeast Asia in recent years has benefited from economic growth, especially the development of processing and manufacturing industry and FMCG industry, as well as the rise of e-commerce, which has greatly driven the demand for packaging

Vietnam's economic growth hit a 10-year high of 7.08% in 2018. The Asian Development Bank's recently released "Asia Development Outlook 2019" predicts that Vietnam's economic growth will reach 6.8% this year and 6.7% next year

Marubeni said when announcing the new investment in Vietnam that the annual growth rate of corrugated paper demand in Vietnam: it will be more than 10% in the evening of December 12, surpassing Thailand, Indonesia and other countries. In addition, benefiting from the stable economic growth brought by a large number of foreign-funded export industries, Vietnam is expected to become the largest consumer of corrugated box board in ASEAN countries in the first half of 2020

In its 2018 annual performance report, Fajar also said that the consumer goods industry in Indonesia has attracted a lot of investment in recent years, and the retail industry of food and beverage has maintained a healthy development in 2018, which has brought consumer demand for packaging paper and paperboard

it is worth mentioning that lightweight aggregate and its experimental method gb/t 17431 ⑴ 998 due to the reduction of the amount of waste paper imported from China, Fajar increased the export of packaging paper to the Chinese market in 2018. The company's 2018 financial report shows that the export sales of Fajar accounted for 27% of the company's total sales, compared with 16% in 2017

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