Ask The Paper Expert Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Ask The Paper Expert

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ron Mgrublian who wrote (6)	2/16/1999 1:55:00 PM
From: Edwarda	Read Replies (1) of 15

We all know that older machines are being shut down or overhauled. Overhauled machines come back onstream with more efficient capacity and lower cash costs; they do not leave the worldwide system permanently. And there is the relentless capacity creep, partly because of overhauls. Most of the closures we have seen are "indefinite" and can come back fairly easily. New capacity plans for North America, according to the 1998 AF&PA survey, are well below historical levels and appear in line with demand growth estimates. However, in light of the unnecessary uncoated freesheet expanions over the past three years by IP, Boise, and Willamette, this is only modestly good news. Moreover, One has to keep in mind that 1998 pricing in grades such as coated groundwood and uncoated freesheet (as well as liner and unbleached kraft paperboard) was not only reflective of higher low-cost imports but also badly hurt by substantial shifts in swing capacity.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next