CEPIFINEEuropean Association of the Fine Paper Producers
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"These investigations are essential because of strong evidence of dumping, which is aggravated and spurred on by massive subsidies by the Chinese government to build up national champions with huge excess capacity," said Frank Leerkotte, managing director of CEPIFINE. "The EU industry could not wait any longer to request these investigations due to the pace of the increase in imports of dumped and subsidised CFP from China and the negative impact they are having in the European market," he added.
Cepifine acknowledges that relatively sluggish growth in parts of the print media has been due to the success of the electronics media, in particular the Internet.
Europe sent 150,000 metric tons of uncoated freesheet to Asia, while Asia shipped 235,000 metric tons to Europe, according to figures from RISI and Cepifine.
The latest figures from Cepifine (Chart 1) indicate that coated woodfree (coated freesheet) deliveries for the year-to-date are up 8.6% on the same period in 2003.