16.11.2014 Views

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

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

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

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Grade Outlook – Market <strong>Pulp</strong><br />

Market <strong>Pulp</strong> Is an Intermediate Good in <strong>the</strong> Production <strong>of</strong> <strong>the</strong><br />

O<strong>the</strong>r <strong>Paper</strong> and <strong>Paper</strong>board Grades<br />

• <strong>Pulp</strong> Investment Returns -- Among <strong>the</strong> Poorest in <strong>the</strong> <strong>Industry</strong><br />

• Environmental Restrictions -- New Capacity Additions Difficult<br />

• International Producers -- Import <strong>Pulp</strong> Competitively to US<br />

• Inventory Management – Remains Major Issue Going Forward<br />

Implications: This grade remains in serious difficulty<br />

due to commodity nature & global low cost producers.<br />

Fur<strong>the</strong>r <strong>North</strong> <strong>American</strong> capacity reductions needed &<br />

expected. Pricing will remain strained and low.<br />

57

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!