China Papermaking Industry Report, 2010
In 2009, under the active macroeconomic policy control of the government, China’s papermaking industry on the whole overcame such difficulties as shrinking demand, reduced capacity utilization and augmented product inventories resulted from the financial crisis, and started rising gradually. In 2010, the industry has accelerated the pace of development and seen substantial growth in various economic indicators. The whole industry achieved operating income of RMB361.2 billion and total profit of RMB20.5 billion in the first eight months of 2010, up 31.67% and 58.66% year on year respectively.
Overall, China's papermaking industry has experienced the following changes in 2010:
The production concentration has increased, and the top 30 papermaking enterprises (by output) are expected to account for more than 40% of the total industry output in 2010.
From the perspective of regional development, in 2010, China’s papermaking industry is still concentrated in eastern and central regions, mainly including Shandong, Henan, Guangdong, Zhejiang and Jiangsu. In the first three quarters of 2010, top ten regions by output of machine-made paper & paperboard, liner board and paper products respectively achieved total output of 62.2423 million tons, 9.2134 million tons and 27.5602 million tons respectively, accounting for 84.81%, 83.43% and 79.06% of the total output respectively. The regional concentration of paper products decreased while machine-made paper & paperboard’s increased year on year.
Under the influence of such factors as policies for backward capacity elimination, rising raw material prices and RMB appreciation, China's papermaking industry will see a fall in the output and a rise in demand and prices. From the perspective of specific products, the low-grade cultural paper with straw pulp as the main raw material is the object of backward capacity elimination in 2010; medium and high-end cultural paper, as the substitute for low-grade cultural paper, will see a rise in both output and prices; packaging paper will witness a substantial increase in the demand as a result of the rapid development of downstream industries such as electronics and communications, household appliances, food, pharmaceuticals, household chemicals, textile, tobacco and alcohol.
Overall, China's papermaking industry has experienced the following changes in 2010:
- The revenue and industrial sales output value have risen sharply year on year;
- The costs have climbed due to the rise in the prices of raw materials such as wood pulp;
- The packaging paper industry has grown rapidly driven by the growing export demand;
- The elimination of backward capacity has been intensified, and 4.65257 million tons of capacity was eliminated in August 2010;
The production concentration has increased, and the top 30 papermaking enterprises (by output) are expected to account for more than 40% of the total industry output in 2010.
From the perspective of regional development, in 2010, China’s papermaking industry is still concentrated in eastern and central regions, mainly including Shandong, Henan, Guangdong, Zhejiang and Jiangsu. In the first three quarters of 2010, top ten regions by output of machine-made paper & paperboard, liner board and paper products respectively achieved total output of 62.2423 million tons, 9.2134 million tons and 27.5602 million tons respectively, accounting for 84.81%, 83.43% and 79.06% of the total output respectively. The regional concentration of paper products decreased while machine-made paper & paperboard’s increased year on year.
Under the influence of such factors as policies for backward capacity elimination, rising raw material prices and RMB appreciation, China's papermaking industry will see a fall in the output and a rise in demand and prices. From the perspective of specific products, the low-grade cultural paper with straw pulp as the main raw material is the object of backward capacity elimination in 2010; medium and high-end cultural paper, as the substitute for low-grade cultural paper, will see a rise in both output and prices; packaging paper will witness a substantial increase in the demand as a result of the rapid development of downstream industries such as electronics and communications, household appliances, food, pharmaceuticals, household chemicals, textile, tobacco and alcohol.
1. MAIN FACTORS INFLUENCING CHINA’S PAPERMAKING INDUSTRY
1.1 Policies
1.1.1 The Eleventh Five-Year Plan
1.1.2 Energy Saving and Emission Reduction
1.1.3 Papermaking Industry Policies
1.2 Demand
2.OVERVIEW OF CHINA’S PAPERMAKING INDUSTRY
2.1 Economic Operation
2.1.1 Production and Sales
2.1.2 Import and Export
2.1.3 Profitability
2.2 Market Development
2.2.1 Production and Consumption of Paper and Paperboard
2.2.2 Production and Consumption of Main Products
2.3 Enterprises
3. MAIN PRODUCTS OF CHINA’S PAPERMAKING INDUSTRY
3.1 Production
3.1.1 Paper Pulp
3.1.2 Machine-made Paper and Paperboard
3.1.3 Newsprint
3.1.4 Paper Products
3.1.5 Carton
3.2 Import and Export
3.2.1 Paper Pulp
3.2.2 Kraft Paper
3.2.3 Paper and Paperboard
4.PAPERMAKING INDUSTRY CHAIN
4.1 Overview
4.2 Upstream Markets
4.2.1 Paper Pulp Prices
4.2.2 Waste Paper Prices
4.3 Downstream Markets
4.3.1 Newspaper Market
4.3.2 Printing Market
4.3.3 Paper Packaging Market
5. KEY PAPERMAKING AREAS
5.1 Shandong
5.1.1 Market Overview
5.1.2 Development Goals
5.1.3 Development Priorities
5.2 Zhejiang
5.2.1 Market Overview
5.2.2 Development Goals
5.3 Guangdong
5.3.1 Market Overview
5.3.2 Development Goals
5.4 Henan
5.4.1 Market Overview
5.4.2 Development Goals
5.5 Jiangsu
5.5.1 Market Overview
5.5.2 Development Goals
5.6 Hebei
5.6.1 Market Overview
5.6.2 Development Goals
6. KEY PAPERMAKING ENTERPRISES
6.1 Mudanjiang Hengfeng Paper Co., Ltd.
6.1.1 Profile
6.1.2 Operation
6.1.3 Development Trends and Strategies
6.2 Minfeng Special Paper Co., Ltd.
6.2.1 Profile
6.2.2 Operation
6.2.3 Development Trends and Strategies
6.3 Guangdong Guanhao High-Tech Co., Ltd.
6.3.1 Profile
6.3.2 Operation
6.3.3 Development Trends and Strategies
6.4 Xiamen Anne Corporation Limited
6.4.1 Profile
6.4.2 Operation
6.4.3 Development Trends and Strategies
6.5 Zhejiang Kan Specialties Material Co., Ltd.
6.5.1 Profile
6.5.2 Operation
6.5.3 Development Trends and Strategies
6.6 Shandong Sun Paper Industry Joint Stock Co., Ltd.
6.6.1 Profile
6.6.2 Operation
6.6.3 Development Trends and Strategies
6.7 Shandong Huatai Paper Co., Ltd.
6.7.1 Profile
6.7.2 Operation
6.7.3 Development Trends and Strategies
6.8 Shandong Bohui Paper Industrial Co., Ltd.
6.8.1 Profile
6.8.2 Operation
6.8.3 Development Trends and Strategies
6.9 Yueyang Paper Co., Ltd.
6.9.1 Profile
6.9.2 Operation
6.9.3 Development Trends and Strategies
6.10 Henan Yinge Industrial Investment Holding Co., Ltd.
6.10.1 Profile
6.10.2 Operation
6.10.3 Development Trends and Strategies
6.11 Shandong Chenming Paper Holdings Limited
6.11.1 Profile
6.11.2 Operation
6.11.3 Development Trends and Strategies
6.12 MCC Meili Paper Industry Co., Ltd.
6.12.1 Profile
6.12.2 Operation
6.12.3 Development Trends and Strategies
6.13 Zhejiang Jingxing Paper Joint Stock Co., Ltd.
6.13.1 Profile
6.13.2 Operation
6.13.3 Development Trends and Strategies
6.14 Jincheng Paper Co., Ltd.
6.14.1 Profile
6.14.2 Operation
6.14.3 Development Trends and Strategies
6.15 Anhui Shanying Paper Industry Co., Ltd.
6.15.1 Profile
6.15.2 Operation
6.15.3 Development Trends and Strategies
6.16 Fujian Nanping Paper Co., Ltd.
6.16.1 Profile
6.16.2 Operation
6.16.3 Development Trends and Strategies
7. DEVELOPMENT TRENDS OF PAPERMAKING INDUSTRY
7.1 Development of Papermaking Industry
7.1.1 Impact of Economic Environment on Papermaking Industry
7.1.2 Papermaking Industry Climate Index
7.1.3 Papermaking Industry Concentration
7.1.4 Papermaking Industry Production and Sales
7.1.5 Papermaking Industry Profitability
7.2 Development Trends of Papermaking Industry Segments
7.2.1 Price Trends of Paper Products
7.2.2 Price Trends of Raw Materials
7.2.3 Development Trends of Paper and Paperboard
7.2.4 Development Trends of Paper Products Related with Consumption
7.3 Conclusion
1.1 Policies
1.1.1 The Eleventh Five-Year Plan
1.1.2 Energy Saving and Emission Reduction
1.1.3 Papermaking Industry Policies
1.2 Demand
2.OVERVIEW OF CHINA’S PAPERMAKING INDUSTRY
2.1 Economic Operation
2.1.1 Production and Sales
2.1.2 Import and Export
2.1.3 Profitability
2.2 Market Development
2.2.1 Production and Consumption of Paper and Paperboard
2.2.2 Production and Consumption of Main Products
2.3 Enterprises
3. MAIN PRODUCTS OF CHINA’S PAPERMAKING INDUSTRY
3.1 Production
3.1.1 Paper Pulp
3.1.2 Machine-made Paper and Paperboard
3.1.3 Newsprint
3.1.4 Paper Products
3.1.5 Carton
3.2 Import and Export
3.2.1 Paper Pulp
3.2.2 Kraft Paper
3.2.3 Paper and Paperboard
4.PAPERMAKING INDUSTRY CHAIN
4.1 Overview
4.2 Upstream Markets
4.2.1 Paper Pulp Prices
4.2.2 Waste Paper Prices
4.3 Downstream Markets
4.3.1 Newspaper Market
4.3.2 Printing Market
4.3.3 Paper Packaging Market
5. KEY PAPERMAKING AREAS
5.1 Shandong
5.1.1 Market Overview
5.1.2 Development Goals
5.1.3 Development Priorities
5.2 Zhejiang
5.2.1 Market Overview
5.2.2 Development Goals
5.3 Guangdong
5.3.1 Market Overview
5.3.2 Development Goals
5.4 Henan
5.4.1 Market Overview
5.4.2 Development Goals
5.5 Jiangsu
5.5.1 Market Overview
5.5.2 Development Goals
5.6 Hebei
5.6.1 Market Overview
5.6.2 Development Goals
6. KEY PAPERMAKING ENTERPRISES
6.1 Mudanjiang Hengfeng Paper Co., Ltd.
6.1.1 Profile
6.1.2 Operation
6.1.3 Development Trends and Strategies
6.2 Minfeng Special Paper Co., Ltd.
6.2.1 Profile
6.2.2 Operation
6.2.3 Development Trends and Strategies
6.3 Guangdong Guanhao High-Tech Co., Ltd.
6.3.1 Profile
6.3.2 Operation
6.3.3 Development Trends and Strategies
6.4 Xiamen Anne Corporation Limited
6.4.1 Profile
6.4.2 Operation
6.4.3 Development Trends and Strategies
6.5 Zhejiang Kan Specialties Material Co., Ltd.
6.5.1 Profile
6.5.2 Operation
6.5.3 Development Trends and Strategies
6.6 Shandong Sun Paper Industry Joint Stock Co., Ltd.
6.6.1 Profile
6.6.2 Operation
6.6.3 Development Trends and Strategies
6.7 Shandong Huatai Paper Co., Ltd.
6.7.1 Profile
6.7.2 Operation
6.7.3 Development Trends and Strategies
6.8 Shandong Bohui Paper Industrial Co., Ltd.
6.8.1 Profile
6.8.2 Operation
6.8.3 Development Trends and Strategies
6.9 Yueyang Paper Co., Ltd.
6.9.1 Profile
6.9.2 Operation
6.9.3 Development Trends and Strategies
6.10 Henan Yinge Industrial Investment Holding Co., Ltd.
6.10.1 Profile
6.10.2 Operation
6.10.3 Development Trends and Strategies
6.11 Shandong Chenming Paper Holdings Limited
6.11.1 Profile
6.11.2 Operation
6.11.3 Development Trends and Strategies
6.12 MCC Meili Paper Industry Co., Ltd.
6.12.1 Profile
6.12.2 Operation
6.12.3 Development Trends and Strategies
6.13 Zhejiang Jingxing Paper Joint Stock Co., Ltd.
6.13.1 Profile
6.13.2 Operation
6.13.3 Development Trends and Strategies
6.14 Jincheng Paper Co., Ltd.
6.14.1 Profile
6.14.2 Operation
6.14.3 Development Trends and Strategies
6.15 Anhui Shanying Paper Industry Co., Ltd.
6.15.1 Profile
6.15.2 Operation
6.15.3 Development Trends and Strategies
6.16 Fujian Nanping Paper Co., Ltd.
6.16.1 Profile
6.16.2 Operation
6.16.3 Development Trends and Strategies
7. DEVELOPMENT TRENDS OF PAPERMAKING INDUSTRY
7.1 Development of Papermaking Industry
7.1.1 Impact of Economic Environment on Papermaking Industry
7.1.2 Papermaking Industry Climate Index
7.1.3 Papermaking Industry Concentration
7.1.4 Papermaking Industry Production and Sales
7.1.5 Papermaking Industry Profitability
7.2 Development Trends of Papermaking Industry Segments
7.2.1 Price Trends of Paper Products
7.2.2 Price Trends of Raw Materials
7.2.3 Development Trends of Paper and Paperboard
7.2.4 Development Trends of Paper Products Related with Consumption
7.3 Conclusion
SELECTED CHARTS
Abstract of “China Papermaking Industry Development Policy”
Rising Per Capita Consumption of Paper Products in the Economic Development of Various Countries
Operating Profit Margin by Paper Category, January-May 2010
Consumption of Machine-made Paper and Paperboard in China, 2008-2010
Production and Consumption of Main Paper and Paperboard Products in China, 2008-2009
China’s Papermaking Enterprises by Economic Type and Scale, 2009
China’s Top 30 Papermaking Enterprises by Output, 2009
China’s Paper Pulp Output, 2008-2010
China’s Paper Pulp Output by Month, 2010
China’s Machine-made Paper and Paperboard Output, 2008-2010
China’s Machine-made Paper and Paperboard Output by Month, 2010
China’s Newsprint Output, 2008-2010
China’s Newsprint Output by Month, 2010
China’s Newsprint Production Capacity and Demand, 2008-2011
China’s Output of Paper Products, 2008-2010
China’s Output of Paper Products by Month, 2010
China’s (Corrugated) Carton Output, 2008-2010
China’s (Corrugated) Carton Output by Month, 2010
China’s Paper Pulp Import Volume, 2004-2009
China’s Paper Pulp Export Volume, 2004-2009
Kraft Paper Export Value and Volume, 2009-2010
China’s Unit Export Price of Kraft Paper, 2009-2010
Kraft Paper Import, 2009-2010
China’s Unit Import Price of Kraft Paper, 2009-2010
(Uncut) Paper and Paperboard Export Volume and Value, 2009-2010
China’s Unit Export Price of (Uncut) Paper and Paperboard, 2009-2010
(Uncut) Paper and Paperboard Import Volume and Value, 2009-2010
China’s Unit Import Price of (Uncut) Paper and Paperboard, 2009-2010
European Market Prices of Northern Bleached Softwood Kraft (NBSK) Pulp, 2009-2010
European Market Prices of Bleached Hardwood Kraft Pulp (BHKP) in U.S. Dollar, 2009-2010
China’s Wood Pulp Import Price Trend, 2009-2010
China’s 3# American Waste Paper Import Price Trend, 2009-2010
China’s Newspaper Consumption, 2001-2009
China’s Monochrome Presswork Output, 2008-2010
China’s Polychrome Presswork Output, 2008-2010
China’s Pamphlet Printing Output, 2008-2010
Packaging Products by Material
China’s Top 10 Papermaking Regions by Output, 2009
China’s Top 10 Papermaking Regions by Output, Q1-Q3 2010
Shandong’s Papermaking Output by Main Product, 2005-2010
Zhejiang’s Papermaking Output by Main Product, 2005-2010
Guangdong’s Papermaking Output by Main Product, 2005-2010
Guangdong’s Papermaking Industry Development Plan during the "Eleventh Five-Year Plan” Period
Production Areas of Six Key Products in Guangdong
Henan’s Papermaking Output by Main Product, 2005-2010
Jiangsu’s Papermaking Output by Main Product, 2005-2010
Hebei’s Papermaking Output by Main Product, 2005-2010
China’s Top 10 Papermaking Regions by Output, 2009
China’s Top 10 Papermaking Regions by Output, Q1-Q3 2010
Operating Income of Anne Corporation, 2007-2010
Operating Income of Anne Corporation by Product, 2008-2010
350,000T/Y High-Grade Packaging Paperboard Project of Bohui Paper
Operating Income of Chenming Paper, 2008-2010
Main Projects of Chenming Paper, 2010-2012
High-Grade Lightweight Copperplate Paper Project of Chenming Paper
High-Grade Cultural Paper Project of Zhanjiang Chenming
700,000T/Y Wood Pulp Project of Zhanjiang Chenming
Operating Income and Net Profit of Meili Paper, 2005-2010
Liner Board and Cultural Paper Revenue and Gross Margin of Meili Paper, 2009-2010
Business Revenue of Meili Paper by Region, H1 2010
Revenue and Net Profit of Jingxing Paper, 2005-2010
Revenue and Gross Margin of Jingxing Paper by Product, 2009-2010
Operating Income of Jingxing Paper by Region, H1 2010
Operating Income and Net Profit of Jincheng Paper, 2005-2010
Revenue and Gross Margin of Jincheng Paper by Product, 2010
Business Revenue of Jincheng Paper by Region, H1 2010
Operating Income and Net Profit of Shanying Paper, 2005-2010
Newsprint and Cultural Paper Business Revenue and Gross Margin of Shanying Paper, 2008-2010
Operating Income of Shanying Paper by Region, H1 2010
Operating Income and Net Profit of Fujian Nanping Paper, 2005-2010
Newsprint Business Revenue and Gross Margin of Fujian Nanping Paper, 2005-2010
Export Business Revenue of Fujian Nanping Paper, 2006-2010
China’s Papermaking and Paper Products Industry Climate Index, 2008-2010
China’s Elimination of Backward Papermaking Capacity by Province, 2010
Gross Margin of Papermaking Industry, 2009-2010
China’s Elimination of Backward Papermaking Capacity, 2006-2010
Abstract of “China Papermaking Industry Development Policy”
Rising Per Capita Consumption of Paper Products in the Economic Development of Various Countries
Operating Profit Margin by Paper Category, January-May 2010
Consumption of Machine-made Paper and Paperboard in China, 2008-2010
Production and Consumption of Main Paper and Paperboard Products in China, 2008-2009
China’s Papermaking Enterprises by Economic Type and Scale, 2009
China’s Top 30 Papermaking Enterprises by Output, 2009
China’s Paper Pulp Output, 2008-2010
China’s Paper Pulp Output by Month, 2010
China’s Machine-made Paper and Paperboard Output, 2008-2010
China’s Machine-made Paper and Paperboard Output by Month, 2010
China’s Newsprint Output, 2008-2010
China’s Newsprint Output by Month, 2010
China’s Newsprint Production Capacity and Demand, 2008-2011
China’s Output of Paper Products, 2008-2010
China’s Output of Paper Products by Month, 2010
China’s (Corrugated) Carton Output, 2008-2010
China’s (Corrugated) Carton Output by Month, 2010
China’s Paper Pulp Import Volume, 2004-2009
China’s Paper Pulp Export Volume, 2004-2009
Kraft Paper Export Value and Volume, 2009-2010
China’s Unit Export Price of Kraft Paper, 2009-2010
Kraft Paper Import, 2009-2010
China’s Unit Import Price of Kraft Paper, 2009-2010
(Uncut) Paper and Paperboard Export Volume and Value, 2009-2010
China’s Unit Export Price of (Uncut) Paper and Paperboard, 2009-2010
(Uncut) Paper and Paperboard Import Volume and Value, 2009-2010
China’s Unit Import Price of (Uncut) Paper and Paperboard, 2009-2010
European Market Prices of Northern Bleached Softwood Kraft (NBSK) Pulp, 2009-2010
European Market Prices of Bleached Hardwood Kraft Pulp (BHKP) in U.S. Dollar, 2009-2010
China’s Wood Pulp Import Price Trend, 2009-2010
China’s 3# American Waste Paper Import Price Trend, 2009-2010
China’s Newspaper Consumption, 2001-2009
China’s Monochrome Presswork Output, 2008-2010
China’s Polychrome Presswork Output, 2008-2010
China’s Pamphlet Printing Output, 2008-2010
Packaging Products by Material
China’s Top 10 Papermaking Regions by Output, 2009
China’s Top 10 Papermaking Regions by Output, Q1-Q3 2010
Shandong’s Papermaking Output by Main Product, 2005-2010
Zhejiang’s Papermaking Output by Main Product, 2005-2010
Guangdong’s Papermaking Output by Main Product, 2005-2010
Guangdong’s Papermaking Industry Development Plan during the "Eleventh Five-Year Plan” Period
Production Areas of Six Key Products in Guangdong
Henan’s Papermaking Output by Main Product, 2005-2010
Jiangsu’s Papermaking Output by Main Product, 2005-2010
Hebei’s Papermaking Output by Main Product, 2005-2010
China’s Top 10 Papermaking Regions by Output, 2009
China’s Top 10 Papermaking Regions by Output, Q1-Q3 2010
Operating Income of Anne Corporation, 2007-2010
Operating Income of Anne Corporation by Product, 2008-2010
350,000T/Y High-Grade Packaging Paperboard Project of Bohui Paper
Operating Income of Chenming Paper, 2008-2010
Main Projects of Chenming Paper, 2010-2012
High-Grade Lightweight Copperplate Paper Project of Chenming Paper
High-Grade Cultural Paper Project of Zhanjiang Chenming
700,000T/Y Wood Pulp Project of Zhanjiang Chenming
Operating Income and Net Profit of Meili Paper, 2005-2010
Liner Board and Cultural Paper Revenue and Gross Margin of Meili Paper, 2009-2010
Business Revenue of Meili Paper by Region, H1 2010
Revenue and Net Profit of Jingxing Paper, 2005-2010
Revenue and Gross Margin of Jingxing Paper by Product, 2009-2010
Operating Income of Jingxing Paper by Region, H1 2010
Operating Income and Net Profit of Jincheng Paper, 2005-2010
Revenue and Gross Margin of Jincheng Paper by Product, 2010
Business Revenue of Jincheng Paper by Region, H1 2010
Operating Income and Net Profit of Shanying Paper, 2005-2010
Newsprint and Cultural Paper Business Revenue and Gross Margin of Shanying Paper, 2008-2010
Operating Income of Shanying Paper by Region, H1 2010
Operating Income and Net Profit of Fujian Nanping Paper, 2005-2010
Newsprint Business Revenue and Gross Margin of Fujian Nanping Paper, 2005-2010
Export Business Revenue of Fujian Nanping Paper, 2006-2010
China’s Papermaking and Paper Products Industry Climate Index, 2008-2010
China’s Elimination of Backward Papermaking Capacity by Province, 2010
Gross Margin of Papermaking Industry, 2009-2010
China’s Elimination of Backward Papermaking Capacity, 2006-2010
