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Hyderabad, India, 29th, June: In a recent meeting at Hyderabad, India, the European Union Timber Regulation (EUTR) legality, certification and implication for Indian Paper Industry was discussed in the wake of new regulation came into force on March 3rd, 2013 which requires operators and traders to ensure that the products they place on the EU market is sourced legally from the country of harvest. The meeting was organised by European Forest Institute (EFI) in association with Indian Paper Manufacturers Association (IPMA). Under the EUTR, placing illegally harvested timber and products derived from such timber on the EU market is prohibited. The Regulation applies to the listed wood and wood products, including paper and pulp being placed for the first time on the EU market. The regulation excluded recycled products, printed note books and some bamboo products. The objective of the meeting was to create awareness on EUTR and discuss compliance. . During the sessions with expert in the industry, some of the major factors discussed were about Due Diligence System, opportunities for new business for India, compliance requirements, and its cost of compliance. The resource persons and speakers included Ms Maria Sube Elodie, Office of the EU Delegation to India, Mr Sanjay Singh Divisional Chief Executive, ITC Ltd PSPD & Vice President, Indian Paper Manufacturers Association, Mr P K Jha, IFS Additional Principal Chief Conservator of Forests, Andhra Pradesh State Forest Department and Dr T R Manoharan, Consultant- European Forest Institute and FSC National Representative for India The Regulation divides those who deal in timber and timber products into two categories: operators and traders. Operators – those who first place timber products on the EU market – carry the bulk of the responsibility, while traders – those who buy or sell timber or timber products already on the market – are required only to keep track of who they buy from and sell to. The Indian Paper Industry is among the top 12 Global players today, with an output of more than 13.5 Million tonnes annual and an estimated turnover of Rs. 35000 Crores. The demand is growing @ 8% to 8.5% CAGR per annum and is likely to reach to 25 million MT by the year 2020.
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Paper and paper Products, EUTR, EU, Forest Stewardship Council, FSC, manufacturers and exporters, workshop, awareness, due diligence, certification, I,
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