TOKYO -- Some Chinese companies are unable to meet stricter environmental regulations at home and, as a result, are cutting back on production. Japanese companies, meanwhile, are seizing the day.
Paper maker Oji Holdings is spending around 3 billion yen ($26.6 million) to upgrade the pulp-processing facilities at its plant in Jiangsu Province so it can satisfy demand from other paper makers. The goal is to increase sales of the key paper ingredient by more than 20%, to 240,000 tons in 2018.
