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Dave HillmanSeptember 15, 2008
China's Forests CANNOT Support These Planned Pulp Mills
Analysis of: Pulpwatch.org Rates Mills on Social, Environmental Performance | www.greenbiz.com
Author: Dave Hillman, Independent Consultant, Dave Hillman
It is highly misleading for anyone ("GreenBiz") to suggest that China is capable of supporting 8 new world class pulp mills.  I doubted this the minute I read it and applaud Mr. Chuck Klass for pointing this out. The land base needed to grow this great amount of trees would greatly decrease the...
September 12, 2008
What Chinese Pulp Expansion?
Analysis of: Pulpwatch.org Rates Mills on Social, Environmental Performance | www.greenbiz.com
Author: GLG Expert Contributor
The author of the article may be confusing of the new paper and paperboard mills in China that will utilize recycled waste paper with mills making virgin pulp from trees rather than secondary fiber waste paper. It is highly doubtful that China has the forest resources to support supply of 19+ million...
Dave HillmanSeptember 12, 2008
Will pulp prices fall in spite of curtailments?
Analysis of: Tembec to Cut Pulp Production On Weak Demand | www.paperage.com
Author: Dave Hillman, Independent Consultant, Dave Hillman
The world of market pulp has enjoyed 2+ years of rising prices that saw NBSK rise to $880/admt (this summer's announced $30/admt increase didn't go through).  In spite of this company profits did not reflect this with some companies still reporting sizeable losses in the 2Q. What will happen to...
Dave HillmanSeptember 12, 2008
China's pulping capacity expansion-who's supplying the chips?
Analysis of: Pulpwatch.org Rates Mills on Social, Environmental Performance | www.greenbiz.com
Author: Dave Hillman, Independent Consultant, Dave Hillman
China's rapidly expanding paper industry definitely needs huge quantities of pulp.  Domestic production is preferable to importing. But, pulp mills require reasonably priced chips in large quantity on a consistent basis.  Where will these chips come from?  Can enough Pine plantations...
Dave HillmanSeptember 10, 2008
Viet Nam's Pulp & Paper Industry Comes Alive!
Analysis of: Tn Mai Paper To Build Pulp & Paper Mill in Vietnam | www.paperage.com
Author: Dave Hillman, Independent Consultant, Dave Hillman
With 84 million people and an ambitious Government anxious to remake Viet Nam from an agrarian economy to an industrial powerhouse, it was only natural that first Lee & Mann and now Tan Mai Paper would build pulp and paper mills as the financing became available.  These two companies will...
Dave HillmanSeptember 10, 2008
Is taking downtime preferable to cutting prices?
Analysis of: Wood Costs Up for Pulp Mills Worldwide in 2Q'08 | www.paperage.com
Author: Dave Hillman, Independent Consultant, Dave Hillman
The importance of the cost of wood cannot be overemphasized.  It's the highest single cost in producing pulp.  How much will the closure of sawmills effect pulp mills' cost structure since they now must go out and harvest trees. Finland, for example, must now pay Russia 15 euros/cubic...
Dave HillmanJuly 3, 2008
AbitibiBowaters: where is the bottom of this slippery slope?
Analysis of: Papers Facing Worst Year For Ad Revenue | www.nytimes.com
Author: Dave Hillman, Independent Consultant, Dave Hillman
There are 530 major newspapers in the US which are struggling with the highest newsprint prices since 1995.  They have already reduced the weight of the paper to 45 gsm and reduced the width of the paper. The NY Times instituted a waste reduction campaign that produced a 10% reduction in paper...
Dave HillmanJune 18, 2008
Oh My! Ableco is rejected, Wayzata now owns P&T's Halsey Mill
Analysis of: Willl There Be Layoffs at Harmac? | www.topix.com
Author: Dave Hillman, Independent Consultant, Dave Hillman
The Halsey mill was sold twice in one week.  First to Ableco for $24 million (but only $10 million in cash, the remainder was debt assumption).  Wayzata stepped up and bid $31 million cash but immediately refused to recognize the local Union.  Will this allow them to reduce the 180 man...
Dave HillmanJune 16, 2008
Pulp mills formerly depended on sawmills for chips - what do they do now?
Analysis of: Sawmills Falling Silent | www.nationalpost.com
Author: Dave Hillman, Independent Consultant, Dave Hillman
It has been reported that fully half the sawmills in British Columbia are now down for lack of orders.  This means that all those pulp mills who formerly purchased great quantities of chips (in some cases, 55% of their total fiber supply) have had to resort to other means.....(1) additional...
Dave HillmanJune 16, 2008
Will Halsey be a goldmine for Ableco Finance or a money pit?
Analysis of: Company Purchases Pulp Mill in Halsey | www.registerguard.com
Author: Dave Hillman, Independent Consultant, Dave Hillman
The Halsey mill has a number of valuable assets - the ability to produce Unbleached Softwood (most mills have gone out of this grade), two tissue/towelling machines, a deinking pulping operation, a pulp grade (NBSK) that is in demand all over the Pacific Rim and SE Asia and a location right on...

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