RISI VIEWPOINT: Are there changes on the horizon with the first greenfield particleboard mill in 17 years opening in 2018?

By Steven Honeyman, Economist, Wood Products

The 21stcentury has been rough on the North American particleboard market. At the start of the new millennium, substitution for MDF began to eat into particleboard demand levels as MDF gained popularity. Then, just as things appeared to be turning up for particleboard, the global recession hit in 2008. All wood products were negatively affected by this downturn, but particleboard demand fell to levels unseen in almost 30 years. And now, as the market recovers, there is a very real risk that capacity may be added faster than the market can bear, forcing the closure ...

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