http://www.sinoviet.com 2009-04-08
Wu Yubao, Secretary-General of Vietnam Paper Industry Association said if various pulp & paper investment projects will be completed on schedule by the year 2011, Vietnam’s pulp would be surplus and able to do export.
According to the plan, Vietnam has a number of major pulp projects to put into operation before 2011. The pulp production will be vastly increased and Vietnam will earn its international position as a pulp-exporting country. It will also enter a new investment development period to produce new products with domestic pulp.
In 2009, a pulp project with annual output of 220,000 tons & two projects with annual output of 100,000 tons will be put into operation. Other projects would also be completed subsequently. The increased pulp output would be close to 1.5 million tons. By 2011, the total pulp output will reach 2.8 million tons, almost tripling the amount of this year. The anticipated domestic demand will be about 2 -2.2 million tons, absolutely over produced.
Based on the statistics, Vietnam imported 155,000 tons of pulp in 2008 and the country will decrease the pulp demand this year. In addition to the private investment of pulp projects and enterprises invested projects overseas in operation, it is expected the pulp’s import & export amount will be going down.