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FINANCIAL NEWS
UAE paper production rises 25% in 2009
05 Jul 2010
(MENAFN) The UAE produced $27 million worth of paper in 2009, a 25 percent increase in the production capacity, which rose to 10 million metric tonnes from 8 million metric tons in 2008, according to a press statement.
UAE is growing its stature in regional and global paper industry and expanding reach across the world, said the general manager of Al Fajer Information and Services, organisers of an upcoming major paper exhibition in Dubai.
The paper industry is registering spectacular growth with several production centers and paper converting businesses flourishing, he said.
There are some 25 players in the paper industry in the UAE and regional business expansion of these companies has also brought in increasing competition.
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