Financial results for the world's 100 largest forest, paper and fiber-based packaging products companies showed distinct differences in the major producing regions, according to PricewaterhouseCoopers' tenth annual Global Forest, Paper and Packaging Industry Survey.
"Forest, paper and packaging producers everywhere had their margins eroded by the rising cost of energy, transportation and raw materials in 2006. They also faced fluctuating currency exchange rates which have become more significant with the rise in international trade," said Craig Campbell, leader of PricewaterhouseCoopers' Performance Improvement practice for the global forest and paper industry, and author of PricewaterhouseCoopers' survey. "The difference in regional financial performance all comes down to the production cost structure in a region and how well producers can absorb the cost increases."
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