Economic Reporter :
A three-day-long an international exhibition and conference on pulp, paper, printing and converting, PaperTech Expo 2017, the second of its kind begins on tomorrow at city’s International Convention City Basundhara. The three-day long event will showcase pulp and paper and machinery equipment and accessories, packaging equipment and device, converting and machinery, according to a statement.
The expo will help raise the awareness on country’s growing paper industry.Domestic production of paper has increased substantially in the last few years due to setting up of new factories, sector insiders have said, which has helped mitigate the country’s import dependence.
At present, according to their estimate, around 60 per cent of the annual demand half a million tonnes is being met by the local factories. Some 18 to 20 new units commenced production in last five years, strengthening the sector.
Five years ago, the local factories were able to meet half of the then demand.President of Bangladesh Paper Mills Association Hasnat Mohammad Abu Obaida said, “Our import dependency declined gradually with the new manufacturers entering into the market.”
A three-day-long an international exhibition and conference on pulp, paper, printing and converting, PaperTech Expo 2017, the second of its kind begins on tomorrow at city’s International Convention City Basundhara. The three-day long event will showcase pulp and paper and machinery equipment and accessories, packaging equipment and device, converting and machinery, according to a statement.
The expo will help raise the awareness on country’s growing paper industry.Domestic production of paper has increased substantially in the last few years due to setting up of new factories, sector insiders have said, which has helped mitigate the country’s import dependence.
At present, according to their estimate, around 60 per cent of the annual demand half a million tonnes is being met by the local factories. Some 18 to 20 new units commenced production in last five years, strengthening the sector.
Five years ago, the local factories were able to meet half of the then demand.President of Bangladesh Paper Mills Association Hasnat Mohammad Abu Obaida said, “Our import dependency declined gradually with the new manufacturers entering into the market.”
