Some questions about the analysis of the industry in the paper industry

Regarding the growth of GDP, it is a growth industry, with high barriers to entry and exit, in a mature period, the entry capital is higher than the exit capital, and now the paper industry is not licensed, and the production of less than 10,000 tons has been discontinued, and it is not easy to enter, plus the paper market is now being integrated. The industry is one that continues to grow.

In recent years, China's paper industry has not seen a new situation in 30 years, from January to September, the national machine-made paper and board paper industry increased year-on-year, close to zero growth. Among them, from May to September, the monthly output continued to grow negatively, and the monthly output growth in September was negative.

The overall downturn in the paper industry is also reflected in the performance of listed companies. According to the statistics of the "China Paper Industry Development Prospects and Investment Strategic Planning Analysis Report", in the first half of this year, 16 of the 23 listed companies in the paper industry saw a year-on-year decline in profits, accounting for 67%; Among them, there were 6 losses. In the first half of 2012, there were 13 companies with year-on-year profit declines, accounting for 57%.

This shows that the profit level of the paper industry has been deteriorating in the past two years.

Regarding the reasons for the predicament of papermaking enterprises, a person in charge of a papermaking enterprise with losses and enterprises facing suspension of production analyzed that there are several main reasons: the first is the shortage of funds, financing difficulties, and the cost of financing is very high, especially the loss-making enterprises have more difficulties and higher costs; The second is the shortage of raw materials, and a considerable part of the raw materials need to rely on imports to solve; The third is the inversion of costs. The cost of land and labor is very high, and the cost of raw materials, fuel, chemicals, and environmental protection operations remains high.

The impact of the downturn in the paper industry is also extending to the distribution sector. Upstream papermaking enterprises shouted difficulties, and downstream dealers shouted sadness.

However, the efficiency level of the paper industry has rebounded significantly compared with the same period last year. From January to September this year, the total profit of the national machine-made paper and cardboard paper industry was 100 million yuan, a year-on-year increase, of which the profit completed in September was 100 million yuan, a year-on-year increase.

Overcapacity is the cause of the overall downturn in the paper industry. It is estimated that the capacity utilization rate of the national paper industry is about 80%, that is, 20% of the capacity belongs to excess capacity.

Although the paper industry in general has overcapacity, the number of paper companies is still increasing, and investment continues.

From the current point of view, the production capacity of the top 10 papermaking enterprises nationwide accounts for about 30% of the country's total production capacity, and the top 100 can account for 60% of the country's total production capacity. In the future, nearly 2,500 papermaking enterprises above designated size in the country will die about 1,500, and it is more appropriate for papermaking enterprises to be controlled within 1,000.

The profit in this industry is not particularly high, because the cost per paper is relatively low, and the machine required is very large, so the profit is not very large. I don't think this industry is very profitable, so don't take it lightly.

I think the paper industry is very profitable; I think the paper industry is very profitable, because paper, books, toilet paper, napkins, and many places need paper.

The profits of the paper industry are relatively high, and I think it is particularly impressive. Because the technology of papermaking has been relatively skilled, and the sub-industry is actually related to people's lives, the profit is relatively good.

The modern paper industry is a technology-intensive and capital-intensive industry, which needs to have an appropriate scale and large investment, and actively develop and adopt energy-saving, consumption-saving, pollution-reducing and efficient new processes and new equipment, so as to recycle cleaner production and resources to the fullest, so that economic benefits, ecological benefits and sustainable development are integrated, which is a necessary measure to implement circular economy and achieve good development results. The practical experience of many enterprises has proved that this not only improves the efficiency of the allocation of environmental resources, reduces production costs for enterprises, opens up new profit margins, but also creates conditions for controlling environmental pollution. This circular economy development model, which seems to require high capital investment, can actually achieve high efficiency, high output, high return and effectively curb pollution, which is the due choice for enterprises to enter a reliable and win-win benign development pattern.

The modern paper industry is an industry with good objective conditions for the implementation of circular economy and has gained more experience. The following characteristics of the modern pulp and paper industry can be summarized as:

1.Its main raw materials, wood fiber and non-wood fiber, are renewable plants, the most important wood resources, as long as the cultivation, felling and renewal management method is not to prevent the depletion of raw materials;

2.A large amount of waste paper formed by the vast majority of paper and paper products after use can be treated and reused as papermaking fiber raw materials, which can not only save a lot of natural plant raw materials, but also greatly reduce the burden of social solid waste disposal;

3.Although the electricity and steam consumption of pulp and paper industry is large but relatively balanced, it is suitable for self-built thermal power stations to realize cogeneration and reduce the energy-saving effect of primary energy consumption;

4.Through the increasingly perfect pulping alkali system, the main chemical of high-efficiency alkali and the production of self-use energy can be realized, which can achieve the multi-layer purpose of energy saving, consumption reduction and pollution control;

5.Although the pulp and paper industry consumes a lot of water, advanced technology can be used in the pulp and paper making process, which can achieve a high degree of recycling of production water and greatly reduce the amount of clean water. Energy is a major measure to improve the environmental and economic benefits of pulp and paper enterprises, and some modern commercial pulp mills have efficient energy systems, which can make them self-sufficient.

Some integrated plants with pulp and paper are 57% energy self-sufficient. In the past 20 years, the United States has seen a 20% reduction in energy consumption per unit of product and an increase of 16 percentage points in the proportion of self-produced energy in total energy consumption to 57% due to technological progress in the pulp and paper industry. In addition, the development of medium-concentrated technology, elemental chlorine-free and completely chlorine-free bleaching technology and efficient advanced treatment technology of effluent wastewater has provided a new means to promote the development of circular economy for water conservation and pollution reduction in the industry.