Without commenting on the blurb about the receivers indicating that it is a mess(so what hope in all the confusion who owns what and who owes who does a pleb have of knowing, when treated like a mushroom).Aaaand if that isn't bad enough after the receivers extolled that the pulp mill was STILL potentially a goer(LOL),this article from the Tazmazia Advocate says it all,pretty corny reasoning imo,but,I suppose it fills the empty space that litters that state.
You will love the last paragraph,I think the word (slight) should now read avalanche,you can thnk South America for that---- ANd don't rely on the AUD falling anytime soon,infact expect it to jump.
New pulp mill not looking likely -Advocate
By SEAN FORD
Jan. 9, 2013, 8:30 a.m.
A TECHNOLOGY-DRIVEN fall in demand for paper appears to be lessening the chances of Tasmania getting a major pulp mill development.
"The paper industry is clearly a casualty of the digital revolution ...," the chairman of PaperlinX, which used to operate Tas Paper manufacturing at Burnie and Wesley Vale, told the company's annual meeting late last year.
"The digital revolution was forecast by Wall Street in 1999, perhaps 10years too soon," Michael Barker said.
"Much of its impact has only emerged in the last couple of years.
"It is now biting hard."
The paper merchant has responded by revamping its operations, cost cutting and aiming to broaden its distribution mix, with changes including closing the Tasmanian manufacturing arm.
Paper makers are a major customer for pulp producers
Significant political support remains in Tasmania for a pulp mill.
Talk about it continues sporadically, despite the collapse of Tamar Valley pulp mill proponent Gunns Limited.
Other sources suggest paper demand may hold up, partly due to growing demand in China.
Finnish Forest Industries figures up to and including 2009 show slight falls in combined global paper and paperboard production from 2006 on.
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