The North American Wood Free Market, paper used for copy paper, books, and desk top printers, witnessed a decline in demand of 12.8% from a peak of 14.8million tons in 1999. Demand last year was 12.9million tons. The main reason sited was electronic communication and the sudden spike in price for this grade of paper. Many producers shuttered equipment - most notable Weyerhaeuser in 2 mills 280,000 tpy Prince Albert, Sask and 155,000 tpy in Dryden, ON; Also, Domtar, Glatfelter, and SMART all closed down production.
Top 5 North American Producers
International Paper 3,570M tpy 24.6% mkt shr
Weyerhaeuser 2,650M tpy 18.3% mkt shr
Domtar 2,210M tpy 14.6% mkt shr
Boise Cascade 1,550M tpy 10.7% mkt shr
Glatfelter 755M tpy 5.2% mkt shr
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