Shifting sands. (Paper).Recyclers are watching paper industry events that could continue to affect recovered paper markets both domestically and internationally. In North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Weyerhaeuser Company has announced that it will close one of two fine-paper machines at its plant in Rothschild, Wis., effective this fall. Weyerhaeuser selected the 32,000-tons-per-year machine, installed in 1922, for closure because its age and small size are disadvantages in the competitive paper market. The decision reflects a corporate goal to become a more efficient and globally competitive organization, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the company. Newsprint manufacturer Bowater Inc. has announced that it will curtail newsprint and market pulp production at its Thunder Bay Thunder Bay, city (1991 pop. 113,946), SW Ont., Canada, on Thunder Bay inlet of Lake Superior. The city was created in 1970 by the amalgamation of the twin cities of Fort William and Port Arthur and two adjoining townships. , Ontario, mill because of temporary wood fiber shortages in northwest Ontario. Production ceased in late June for about 9 days. The shutdown helped take 17,000 metric tons of newsprint and 21,000 metric tons of market pulp production off the market. The combination of depressed lumber prices, countervailing and anti-dumping duties imposed by the U.S. government and a stronger Canadian dollar Noun 1. Canadian dollar - the basic unit of money in Canada; "the Canadian dollar has the image of loon on one side of the coin" loonie dollar - the basic monetary unit in many countries; equal to 100 cents caused production curtailments at several sawmills, thereby creating a shortage of wood chips for the Thunder Bay mill. Recyclers are also concerned that the export market may cool temporarily. A long slowdown could be troubling for some recyclers, as domestic mills have responded to stronger export demands by buying at higher prices to ensure a steady flow of material. If offshore buyers opt to step back from heavy buying, some domestic mills may view this as an opportune time to cut their price for a host of paper stock grades. Recyclers hope that temporary Asian buying cutbacks are related to the peak of the SARS epidemic, which slowed down industrial production and consumer spending Consumer demand or consumption is also known as personal consumption expenditure. It is the largest part of aggregate demand or effective demand at the macroeconomic level. in east Asia East Asia A region of Asia coextensive with the Far East. East Asian adj. & n. . (Additional news on paper recycling Paper recycling is the process of recovering waste paper and remaking it into new paper products. There are three categories of paper that can be used as feedstocks for making recycled paper: mill broke, pre-consumer waste, and post-consumer waste. markets, including breaking news and pricing, is available online at www.RecyclingToday.com.) U.S. Producer Price Index/Mixed Paper (per gross ton, monthly average) May02 262.2 June 499.6 July 658.8 Aug 607.4 Sept 565.8 Oct 551.8 Nov 506.8 Dec 483.7 Jan03 468.3 Feb 468.2 Mar 530.3 Apr 608.9 May 605.4 Source: U.S. Bureau of Labor Statistics Note: Table made from bar graph. |
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