This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at El sector papelero crecerá un 20 por ciento en los próximos dos años
The paper sector will grow by 20 percent in the next two years
28/07/2005
on July 28, 2005
The Spanish paper industry will grow 20 percent in the next three years, with 1.2 billion euros of investment in the best technologies, announced Francisco Rudilla, President of Aspapel (Association Spanish of manufacturers of pulp, paper and cardboard), in the presentation of the annual report of the sector.
These investments in machines of last generation will bring an increase in production in all subsectors (graphics for packaging and hygienic and sanitary papers) and will reduce imports and increase the presence of the Spanish role in foreign markets.
Production data of the first quarter of 2005 in the sector, with a growth of 2.2 per cent, represent an improvement, which is especially remarkable if you consider the negative growth of countries such as France or United Kingdom and can expect a change in trend.
Related Companies or Entities
Asociación Nacional de Fabricantes de Pasta, Papel y Cartón
