Latest Lee & Man Paper Manu (LMPMF) Headlines
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Haisum Signed CNY911mn General Contract
SinoCast - Wed Feb 26, 4:44AM CST
China Haisum Engineering Co., Ltd. (SZSE: 002116) signed a contract to act as a general contractor of the 400,000-ton-a-year packing paper production line of Lee & Man Paper Manufacturing Limited (SEHK: 2314) in Hau Giang, Vietnam, with tentative contractual value of about CNY 911.03 million, accounting for 17.42% its annual audited operating revenue in 2012, and a tentative construction period of 24 months.
Analysis and Forecast of China Papermaking Industry, 2013-2017: In 2012, Sixteen Provinces Had a Paper and Paperboard Output of More Than 1 Million Tons
M2 - Wed Aug 21, 4:10AM CDT
Research and Markets (http://www.researchandmarkets.com/research/s3lzfv/analysis_and) has announced the addition of the "Analysis and Forecast of China Papermaking Industry, 2013-2017" report to their offering. The papermaking industry has stepped into the fast lane of low energy consumption, low pollution and low emissions. During the 11th-Five-Year period, China's papermaking industry achieved the goal of increasing the output and reducing the pollution. The negative effects of the major polluters have been reduced greatly in the papermaking industry. After entering the 12th-Five-Year period, the papermaking industry is vigorously promoting the green, low-carbon and recycling development and making efforts to achieve the environment-friendly strategy goal. In 2012, the output of paper and paperboard increased 3.09%, which is the lowest growth rate since the 10th-Five-Year period, while the average growth rate of the 10th-Five-Year and 11th-Five-Year period was 10% -13%. In the meantime, the economic benefit declined greatly. In 2012, the year-on-year growth of the paper and paperboard's profit was only 3.6%; the total losses of the papermaking and paper products increased 33.44% and the receivable accounts of the paper and paperboard rose nearly 9.46%. The papermaking industry is going through the severe test. In 2012, sixteen provinces had a paper and paperboard output of more than 1 million tons: Shandong, Guangdong, Zhejiang, Jiangsu, Henan, Fujian, Hebei, Hunan, Guangxi, Sichuan, Hubei, Anhui, Tianjin, Chongqing, Jiangxi and Hainan. The total output of the sixteen provinces reached 96.91 million tons, accounting for 94.55% of the total national paper & paperboard output. Key Market Trends 1. The paper production and consumption on the whole will growth, but the growth rate will decline 2. Market competition is intensifying and enterprise economic benefit declining 3. By transformation and upgrading as well as eliminating the backward ones, the integration speed of enterprises is accelerating 4. The application of new technology and development of new products will be accelerated 5. The international trading friction is increasing and the paper export being blocked Companies Mentioned: - Huatai Group Co., Ltd. - Lee & Man Paper Manufacturing Limited - Nine Dragons Paper (Holdings) Limited - Shandong Chenming Paper Group Co., Ltd. - Shandong Sun Paper Industry Joint Stock Co., Ltd. For more information visit http://www.researchandmarkets.com/research/s3...alysis_and About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.