Wednesday, November 26, 2008

U.S. Uncoated Freesheet Downtime Spreads as Market Weakens

Notes from Pulp and Paper
Large and small producers alike are cutting production of uncoated freesheet printing & writing paper grades to match the sharp demand downturn in September and October.
U.S. shipments of uncoated freesheet fell 10.5% in October to 855,000 tons, according to preliminary data from the American Forest & Paper Assn. On top of a 5.4% drop in September, the 10-month decline moved to -6.1%. The November demand figures will not be better.

Producers have eliminated capacity to control flooding the market with unwanted tons with temporary machine shut down and some permanent shuttering of equipment.
Domtar Dryden, Ont 151,000tons
International Paper – Frankin, VA 150,00tons
-Also, IP in Ticonderoga, NY and Selma, AL 60,000 tons total
-Also, IP announce Riverdale, AL will take down time
Boise St Helen, OR. 200,000 tons
-Also, Boise will take down time in International Fall, MN
Finch Paper Glens Falls, NY is considering down time (capacity is 250,000 tons)

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