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

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Grade Outlook – P&W <strong>Paper</strong>s<br />

5,000 25%<br />

P&W<br />

- Excess Capacity (Shor rt Tons 000s)<br />

4,500<br />

4,000<br />

3,500<br />

3,000<br />

2,500<br />

2,000<br />

1,500<br />

1,000<br />

500<br />

0<br />

4387 4,387<br />

4,187<br />

4,116<br />

3,352<br />

3,800 3,461<br />

2,498<br />

3,122<br />

2258 2,258<br />

3,059<br />

2,701 2,732 2,004<br />

2,745<br />

3,059 3,150<br />

12%<br />

11%<br />

11%<br />

10%<br />

10%<br />

1191 1,191<br />

9%<br />

8%<br />

8% 8% 8%<br />

7%<br />

7%<br />

8%<br />

6% 7%<br />

5%<br />

3%<br />

1990 1992 1994 1996 1998 2000 2002 2004 2006<br />

20%<br />

15%<br />

10%<br />

5%<br />

0%<br />

P&W - % Excess Cap pacity<br />

Significant<br />

<strong>North</strong><br />

<strong>American</strong><br />

P&W Over-<br />

capacity<br />

May<br />

Dissipate<br />

By 2004<br />

Excess Capacity<br />

%E Excess Capacity<br />

46

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