Nippon Paper Group plans to reduce its production capacity by 880000 tons
Nippon paper recently announced that it plans to shut down 14 paper machines and 1 paperboard machine in its Japanese paper mill to cope with the shrinking market demand. The company pointed out that due to the reduction of market demand, which increased by 41% year-on-year, these paper machines had to operate below their capacity
the company has decided to use only more efficient paper machines for production to improve operation efficiency. In addition, in order to further reduce the output of pressure testing machines, all paper machines will also be shut down during the regular maintenance of boilers and pulping equipment. After taking these measures, it is estimated that the annual output of paper and paperboard of the company will be reduced by about 880000 tons
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