06 October 2013 17:12 [Source: ICIS news]
BERLIN (ICIS)--The pulp and paper market should increase by up to 1.25% each year for the foreseeable future, an executive from US caustic soda producer Olin said on Sunday.
“When you look at the growth in pulp, when you look at the growth in container board, we actually see overall pulp and paper to continuing to grow,” said Marvin Osborne, director of marketing for caustic soda at Olin.
He made his comments on the sidelines of the 47th annual European Petrochemical Association meeting.
Caustic soda, a co-product of chlorine production, is a key component of pulp and paper manufacturing.
While paper such as newsprint has been adversely affected by the digital age, demand remains strong for container board, which is used in shipping, Osborne said.
US pulp makers are enjoying “relatively high” prices for products due to exports, he said.
“One of the reason our pulp guys have been running strong … is that they are exporting at least 35% of their output,” Osborne said.
The EPCA meeting runs 5-9 October.
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