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Newswire & Press Release / Voith and Sun Paper Achieve Early Start-up of Nanning PM 2 and PM 3 State-of-the-art Packaging Paper Machine - Heavy Machinery / Handling Solutions - Voith GmbH
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Newswire & Press Release / Voith and Sun Paper Achieve Early Start-up of Nanning PM 2 and PM 3 State-of-the-art Packaging Paper Machine - Heavy Machinery / Handling Solutions - Voith GmbH
newswiretoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newswiretoday.com Daily Mail and Mail on Sunday newspapers.
Reviewing Lee & Man Paper Manufacturing (OTCMKTS:LMPMF) & Mercer International (NASDAQ:MERC)
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Indian paper manufacturers are expected to experience a decline in revenue of 8-10% this fiscal year, compared to a growth of 30% last year, due to lower realizations and intense competition. However, volume is projected to increase by 5-7%. The packaging paper segment is the largest in India, followed by writing and printing paper. Crisil Ratings anticipates a 6-8% growth in packaging paper volume and a 3-5% growth in writing and printing paper volume.