Wrapping paper: foreign-intensive sneak

July 6, Sun paper (002078.　　SZ) External Bulletin, the Company and International Paper (NYSE:IP) signed 400,000 tons of food packaging cardboard project Letter of intent. This year, the domestic packaging paper market acquisition of large foreign-owned paper figure.　　April 26, International paper with 200 million U.S. dollars in cash to acquire the Asian packaging business; June 22, the Japanese paper group to purchase 3.55 billion Hong Kong dollars in the domestic second largest packaging paper manufacturer of the paper 12% equity. Packaging paper can be roughly divided into white board, Byelaya, cardboard and kraft paper four categories. At present, the U.S.-funded nine Dragons paper and Japanese shareholders of the Riven paper has been sitting on the box board, Kraft of the boss of the second throne, deep in China for many years of app in white card has also done a vivid.　　Will packaging paper become the subject of the foreign-funded products after newsprint and coated papers?　　Cao Zhenrei, Secretary General of China Paper Society, pointed out that the paper industry is likely to form an oligopoly. Foreign capital Stealth Sun paper and International Paper to jointly initiate the establishment of a registered capital of 100 million U.S. dollars of Sino-Foreign Cooperation limited liability company.　　The new company is funded by Sun Paper 45%, International Paper, 55%, mainly engaged in food packaging cardboard production, sales, the total investment of not more than 300 million U.S. dollars, annual output of about 400,000 tons. New projects will be on the ground in Yanzhou. Prior to this, the International Paper and Sun paper in Yanzhou, respectively, built an annual output of high-grade cigarette cards, social cards, copper plate 450,000 tons and an annual output of 400,000 tons of aseptic liquid packaging Board project.　　After the acquisition of AI-ya, International Paper in Asia has increased the number of factories to 27, of which China has 21, and the Sun Paper joint Venture factory, the number of international Paper factory in China will reach 22. "Last year, our sales in Asia amounted to 1 billion U.S. dollars, mainly in China's packaging factory contribution."　　Josie Zheng, head of the International Paper Media Liaison Office, said. China Paper Association statistics show that 2000 to date, China's paper production and consumption of the fastest growing varieties of cardboard boxes and corrugated paper.　　Last year, China Carton production of 17.3 million tons, consumption of 18.09 million tons, year-on-year growth of 13.07% and 12.71%, the production of corrugated paper 17.15 million tons, consumption of 17.58 million tons, respectively, compared to the previous year's increase of 12.83% and 13.27%.　　Zhang Yin, chairman of nine Dragons paper, predicts that in the 2010 fiscal year, nine Dragons paper sales will reach 7 million tonnes, and 2011 and 2012 will reach 8 million-8.5 million tonnes and 9.5 million-10 million tonnes respectively, of which the proportion of high-grade paper products will increase to 30%, leading to a net profit growth of three to 25%　　Josie Zheng revealed that the International Paper on the SCA acquisition has been completed, the relevant management has been integrated into the International Paper Packaging division, the original love of the headquarters has been relocated to the International Paper is located in Shanghai office headquarters. Joint venture in order to avoid excessive extension of product line and reduce risk considerations, domestic listed paper enterprises often choose toJoint ventures to develop packaging paper.　　Through joint ventures, foreign paper companies can achieve rapid market occupation. "The original production scale of local paper enterprises is what they value, give some money to add some equipment, and then running-in, soon can be fed production."　　"In the above mentioned Sun paper, the current domestic packaging paper field is in the expansion stage, whether foreign or Chinese capital, are in happy enclosure."　　However, the joint venture's wishful thinking is not easy to ring.　　More than a year, the morning-Ming, Alnovigench joint venture disputes finally last month, Chen Ming paper by Shandong Province, the Supreme People's Court of final judgement infringement.　　The joint venture was established in October 2005 when Arnowigen held a 70% stake in the HKK2 company registered in Hong Kong, China, while Chenming held the remaining 30% per cent, but less than a year after the launch, the joint venture ceased production for various reasons and the two sides eventually went to court. Alnovigench Special Paper Co., Ltd. Deputy general manager Xu Neu Jian that the Chinese and foreign culture and shareholders in the management concept of the differences, resulting in contradictions. "Now we are talking to the morning bell and want to buy all the stakes in their hands," he said.　　Xu New told reporters that because of the production, the joint venture company's monthly losses amounted to more than 8 million yuan. And above the Sun paper, said that the Sun paper and International paper cooperation has also produced contradictions, "a little bit of time, but through communication slowly good." "In addition, the rise of international pulp prices, but also the paper is another pressure."　　With the recovery of the world economy, international pulp prices from the two quarter of last year's 340 dollars/ton up to the current nearly 1000 U.S. dollars/ton. Bo Hui paper Dong Yang Guo Dong said, due to the increase in production costs, the first quarter of the company's main products white cardboard has raised prices two times, the total price increase of more than 10%.　　And for those who buy cardboard from a third party packaging companies, the same feeling of pressure. "The price of paper and pulp in the market is going up, so we will be consistent with the trend of the whole market."　　Josie Zheng said that the current carton industry's profit is very meager, International paper will be through the cost of compression and price increases to digest upstream costs. Smeffey (Dongguan) Co., Ltd. Sales engineer Su Jian said that at present Niuca has risen from the lowest 3500 yuan/ton to today's 4500 yuan/ton, "pricing power in nine dragons and Riven there, we can not." "In the last two months, nine Dragons paper has announced the launch of 2 million tons of wrapping paper and 2 million tons of cardboard boxes respectively in Quanzhou, Fujian, and Hengshan, Hunan, plus the 8.82 million tons of capacity currently in production, which can approximate 13 million tonnes of total output."