Volume 3, Number 6
The Paper Industry in Europe
- The economic condition of the paper industry in eastern European
countries, and opportunities for investment there, are described in
a two-page article in the October Tappi Journal, p. 36
& 38. It presents the experience and advice of Pekka
Serviö of Helsinki, Finland. He says Poland is stabilizing,
Czechoslovakia now permits 100% foreign ownership of companies, and
there are about 1000 joint ventures in Hungary, but Russian
bureaucracy was a quicksand (not his word). It would be a good idea
for anyone who wanted to approach eastern Europe to join forces with
companies used to dealing with those countries, e.g. West Germany EM
Finland, so as to avoid getting burned.
- In the same issue, on p. 80, David Clark (Executive Director,
European Paper Institute, Paris) compares the use of fillers in
Europe and the U.S. In Europe, high-quality chalk limestone or
ground marble is widely available, whereas in the United States,
high quality kaolin has historically been preferred and available.
It still makes up 60% of the filler market here. Precipitated
calcium carbonate now has a slight edge on ground calcium carbonate
here, but it is used hardly at all in Europe.
- International Paper's expansion into Europe is described in the
August 25 Economist on p. 59-60. IP is said to expert
a greater expansion of the paper market there than in this country
in future years, and it also wants access to European technology,
which is ahead of ours. It is pursuing a policy of friendly
acquisition, by which in the last 18 months it has bought Zanders
Feinpapiere (coated papers), Aussedat-Rey (copy papers) and Ilford
(black-and-white photographic paper).