The Coated Free Sheet Market, paper used for annual reports and high-end publications, is still suffering with poor demand, although the industry did announce a price increase earlier this year. The North American production capacity declined this year with many machines shuttered; such as 115,000 tons /Muskegon, MI (SAPPI); 170,000 tons /Pasadena, TX (Pasadena
Paper); 30,000 tons/Thunder Bay, ON (Cascade); 155,000 tons-Ottawa & Cornwall, ON (Domtar). To boot, several European manufactures also shut equipment down and USA ran at only 88% operating rate.
Top 5 North American Producers-
SAPPI 1,400M tpy 22.3% mkt shr
NewPage 1,280M tpy 20.4% mkt shr
International Paper 1,100M tpy 17.4% mkt shr
Stora Enso 915M tpy 14.5% mkt shr
Domtar 390M tpy 6.2% mkt shr
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