14 PROMETHEUS GROUP & SMEC INDUSTRY NEWS
Pulp Paper & Logistics
Revolutionise your paper making assets
asset management soft ware with SMEC’s best-in-class asset management consulti ng group has been launched. The partnership initi ally will focus on the pulp, paper and paperboard industry and other asset-intensive verti cals in the Asia-Pacifi c region. The partnership says that the performance of the pulp, paper
A March/April 2015
global partnership that combines Prometheus Group’s leading- edge enterprise
A new partnership aims to help the industry get the best from producti on assets using leading-edge asset management soft ware. PPL reports
and paperboard manufacturing industry has deteriorated over the past decade, recording annual revenue of approximately $3 billion in the region. This drop in revenue is largely due to declining consumpti on of industry products. While paper and cardboard packaging and building
products have maintained market share, the printi ng and publishing industries have steadily lost share to electronic alternati ves, such as e-books and tablets. This has been exacerbated over the last fi ve years due to volati lity in the global price of wood pulp (see ref 1).
Given declining revenue and
profi ts, the industry as a whole is suff ering from a lack of capital investment. The majority of the machines that produce Australian paper are more than 20 years old. This is creati ng diffi culti es for the industry as operators try to compete with modern, more effi cient machines in Asia. Rather than upgrading assets, the paper industry has invested heavily in environmentally friendly manufacturing processes such
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