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Friday, March 19, 2010
Update on Chilean Pulp & Paper Market
Reports from Chile after the earthquake and tsunami hit the country is that paper companies are making progress on restarting their operations, however, pulp mills are still idle, as their damage is more extensive. Chile’s only two newsprint suppliers, CMPC’s Inforsa mill and Norske Skog’s Bio Bio mill, are still closed. They have combined capacity of 340,000TPA of newsprint. This will artificially assist the USA newsprint producers.
This is encouraging, hopefully the equipment will start up successfully and keep USA prices in check for our domestic producers.
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