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State of the North American Pulp & Paper Industry - The Center for ...

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Capacity Issues – PM Age Distribution ib ti --<br />

<strong>North</strong> America vs. Europe<br />

450<br />

400<br />

Age Distribution ib ti <strong>of</strong> <strong>Paper</strong> Machines<br />

Economic<br />

350 Obsolescence<br />

Proxy<br />

300<br />

250<br />

200<br />

150<br />

100<br />

50<br />

0<br />

1890-<br />

1899<br />

1900-<br />

1909<br />

1910-<br />

1919<br />

1920-<br />

1929<br />

1930-<br />

1939<br />

1940-<br />

1949<br />

1950-<br />

1959<br />

1960-<br />

1969<br />

1970-<br />

1979<br />

1980-<br />

1989<br />

1990-<br />

1999<br />

2000-<br />

2003<br />

<strong>North</strong> America (1102) Europe (1861)<br />

24

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