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Released January 12, 2022 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. and Canadian Pulp, Paper & Wood Industry has largely been in a state of change, but is finally adjusting to new market conditions. As more people shop and consume goods at home in the "new normal" world of COVID-19, demand for packaging and hygiene products has increased, resulting in some mills undergoing conversion projects to switch production to higher-demand products. While 2020 and 2021 brought delays to many projects in the industry, many of these projects are planned to move ahead this year. Industrial Info is tracking more than $8.1 billion in U.S. and Canadian Pulp, Paper & Wood projects planned to kick off this year.

As companies throughout the world focus on more sustainable practices and products, more planned investments are expected for recycled pulp and containerboard. Examples of such projects kicking off in the U.S. this year include Pratt Industries Incorporated's (Conyers, Georgia) grassroot recycled containerboard mill in Henderson, Kentucky. The facility is expected to begin operations in late 2023. Subscribers to Industrial Info's Global Market Intelligence (GMI) Pulp, Paper & Wood Project Database can click here for the detailed project report.

Tissue and hygiene products have benefitted greatly from a demand spike brought by the pandemic. Producers have invested in new machines, but much of this spending has been completed, so there is an expectation that project activity will return to more cyclical trends. Examples of possible grassroot tissue mill projects include Mint Valley Paper's (Dallas, Oregon) planned mill in Dallas, Oregon, although this project already has seen delays of more than a year. Subscribers can click here for the project report.

Examples of projects to increase production efficiency are prevalent. Domtar Corporation (Fort Mill, South Carolina), which was recently purchased by Paper Excellence Group (Richmond, British Columbia), has plans for a project to speed up production of a pulp machine at its mill in Espanola, Ontario, this year. The project will increase the machine's speed from 320 feet per minute to 500 feet per minute and is expected to be completed this year. Subscribers can click here for the detailed report.

While the number of large power projects at paper mills over the past few years has tapered off, these projects account for more than $750 million in smaller-scale projects planned to kick off in the U.S. and Canada this year. These often have an environmental component, such as Ahlstrom-Munksjo Group's (Helsinki, Finland) planned conversion of a coal-fired boiler to burn natural gas at its mill in Kaukauna, Wisconsin, which is expected to kick off later this year and be completed by yearend. Subscribers can click here for the report.

With continued strong demand for wood products thanks in large part to a strong U.S. housing market, planned wood projects remain strong going into the year. One of the largest spenders is J.M. Huber Corporation (Edison, New Jersey), which plans to begin construction on a grassroot oriented strand board (OSB) mill in Minnesota this year, with the aim to produce 300 million square feet per or more of OSB products per year. Construction is expected to kick off this summer and be completed in late 2023 or early 2024. Subscribers can click here for the project report. The U.S. Southwest market region, which includes Arkansas, Louisiana, Oklahoma and Texas, leads the U.S. planned spending in the wood sector this year.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.

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