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The pulp and paper industry have good investment opportunities

Putu Juli Ardika, director-general of agriculture at Indonesia’s Ministry of Industry, said recently that the country has improved its pulp industry, which ranks eighth in the world, and paper industry, which ranks sixth.

At present, the national pulp industry has a capacity of 12.13 million tonnes per year, placing Indonesia eighth in the world. The installed capacity of the paper industry is 18.26 million tonnes per year, placing Indonesia sixth in the world. The 111 national pulp and paper companies employ more than 161,000 direct workers and 1.2 million indirect workers. In 2021, the export performance of the pulp and paper industry reached US $7.5 billion, accounting for 6.22% of Africa’s exports and 3.84% of the gross domestic product (GDP) of the non-oil and gas processing industry.

Putu Juli Adhika says the pulp and paper industry still has a future because demand is still quite high. However, there is a need to increase the diversification of high value-added products, such as the processing and dissolution of pulp into viscose rayon as a raw material for products in the textile industry. The paper industry is a sector with great potential as almost all types of paper can be produced domestically in Indonesia, including banknotes and valuable papers with special specifications for meeting security requirements. The pulp and paper industry and its derivatives have good investment opportunities.


Post time: Dec-16-2022