Risi Identifies 17 Containerboard Machines In Europe With A High Risk Of Closure

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10th November 2009, 10:29pm - Views: 489





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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.


    (Logo: http://www.newscom.com/cgi-bin/prnh/20080521/NEW122LOGO )


    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

People Feature RISI 3 image



    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



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