MEDIA RELEASE PR36947
RISI Identifies 17 Containerboard Machines in Europe with a High Risk of Closure
BRUSSELS, Nov. 10 /PRNewswire-AsiaNet/ --
RISI, the leading information provider for the global forest products
industry, today announces the official publication of a new study titled:
"The Western European Recycled Containerboard Risk of Closure Study." This
report analyses the risk of closure for 85 mills and 120+ machines, each
ranked by major criteria such as cost position, market prospects for the
grade, future regional wood supply, corporate significance of the mill,
machine age and machine size.
Despite previous closures that took place last year through the beginning
of this year, a further 1.2-1.9 million tonnes of closures appears inevitable
over the medium term due to a combination of new capacity entering the
markets, pressure from increasing production costs and softer domestic demand
in Western Europe. This report provides an independent perspective on which
mills and machines may be affected.
Capacity Changes over 2009-2011 in Western Europe (in 000 Tonnes)
2009 % of 2008 2010-2011 % of 2008
---- --------- --------- ---------
Announced Additions +1000 +6% +1200 +6%
Announced Removals -450 -2.3% 0% -2.3%
Assumed Net Capacity Changes -750 -4% -700 -3.8%
Orifjon Abidov, European Paper Packaging Economist at RISI, noted, "With
about 1.2 million tonnes of low cost recycled containerboard capacity
expected to enter the Western European market in 2010-2011, we expect
downward pressure on operating rates and profit margins." He continued, "Our
capacity projections over the medium term assume operating rates at lower
than historical levels, and we expect to see a number of machine closures."
This timely study will provide an understanding of the changing
demand/supply dynamics of recycled containerboard markets on a regional basis
(Western, Central and Eastern Europe) and an assessment of the risks
associated with individual mills/machines in Western Europe.
For more information on this study or to request a detailed prospectus,
please contact:
- In Nordic and Eastern Europe: Tea Tuuli at +32.2.536.0743 -
ttuuli@risiinfo.com
- In EMEA & Oceania: Greg Ardoullie at +32.2.536.0753 -
gardoullie@risiinfo.com
- In Latin America: Luis Sucupira at +55.11.3848.9051 -
lsucupira@risiinfo.com
- In Asia: Levi Li at +86.139.1714.6037 - lli@risiinfo.com
- In North America: Sara Girtz at 770.373.3001 - sgirtz@risiinfo.com or
Natalie Rotondi at 781.734.8963 - nrotondi@risiinfo.com
More information is available online at
About RISI
RISI is the leading information provider for the global forest products
industry. We work with clients in the pulp and paper, wood products, wood
biomass, timber, tissue and nonwovens industries to help them make better
decisions. Headquartered in Bedford, Massachusetts, RISI operates offices in
Brussels, Belgium; Atlanta, Georgia; San Francisco, California; Portland,
Oregon; Sao Paulo, Brazil; Shanghai, China; Singapore; and Charlottesville,
Virginia.
Press Contact:
Claudia Montalvo
RISI
326 Ave. Louise
Brussels, B-1050
Tel: +322 536 07 47
Fax: +322 537 56 26
Email: cmontalvo@risi.com
SOURCE: RISI
CONTACT: Claudia Montalvo of RISI,
+322-536-07-47,
Fax: +322-537-56-26,
cmontalvo@risi.com
NEWS 
