Measuring the competitiveness of Canadian pulp and paper in the US market reveals needs for more research

2008 ◽  
Vol 38 (12) ◽  
pp. 2951-2964 ◽  
Author(s):  
Xiaoli Tang ◽  
Shashi Kant ◽  
Susanna Laaksonen-Craig ◽  
Emmanuel R. Asinas

This paper studies substitution between main categories of imported pulp and paper products and between imported and domestic pulp and paper products in the US market. A restricted translog subcost function approach was employed to derive the elasticity of substitution. The results suggest that Canadian pulp and paper products are competitive and have maintained their competitiveness in the US market, and therefore, the challenges faced by the Canadian pulp and paper industry are not because of the loss of its product competitiveness but are due to other reasons such as declining demand for paper products in the United States. It seems that if the Canadian pulp and paper industry wants to retain its dominant position in the world market place, it will have to create global reach and develop new markets.

2020 ◽  
Vol 13 (8) ◽  
pp. 2243-2261 ◽  
Author(s):  
W. J. Sagues ◽  
H. Jameel ◽  
D. L. Sanchez ◽  
S. Park

The pulp and paper industry is a suitable candidate to lead the deployment of BECCS in the US.


Author(s):  
Perry Warren Solheim

In this study I use the US pulp and paper industry to explore the equity market’s valuation of environmental capital expenditures. I replicate and extend a study by Clarkson, Li, and Richardson that bifurcates the industry into high and low polluting groups. As with their study, I find evidence indicating that the market values environmental capital expenditures by over-compliant firms while attaching no such value to the same expenditures by minimally compliant firms. I do not find that the market assesses unrecorded liabilities to firms that are minimally compliant. My extension also seeks to address two possible specification issues in the Clarkson, et. Al. approach.  The first, levels model they used is unbiased but inefficient.  Their model scaled by common shares outstanding attempts to rectify this inefficiency but may not be the optimal choice of scaling variable. My results suggest that a “Best Available Technology” approach to environmental regulation may carry additional incentives provided by the capital markets.


1990 ◽  
Vol 7 (4) ◽  
pp. 158-163
Author(s):  
Jeffrey C. Stier

Abstract Eucalyptus woodpulp (eucapulp) emerged as a significant force in the world market for paper grade pulp approximately a decade ago, and since 1976, production has increased at a compound annual rate of growth exceeding 20%. Recently, the closure of a Wisconsin pulpmill was associated with imports of eucapulp, and fears that a rapid influx of eucapulp would destroy local pulpwood markets spread throughout the northern U.S. forestry community. Eucapulp is an ideal fiber furnish for production of tissue and printing and writing papers, both of which are mainstays of the pulp and paper industry in the North. Eucapulp represents a major structural shift in the world pulp and paper sector, and it is likely to have a continuing impact on the U.S. industry, especially in the North. However, imports of eucapulp and of papers made from eucapulp are expected to increase in the future at an evolutionary pace and not to pose an immediate threat to the regional industry. North. J. Appl. For. 7:158-163, December 1990.


TAPPI Journal ◽  
2014 ◽  
Vol 13 (3) ◽  
pp. 9-15
Author(s):  
STEFAN ANTONSSON ◽  
ANDERS HJORT

Kraftliner, used as the top and bottom layers in corrugated board, is one of the major paper products in the United States and worldwide and is a long-term growth business area for the pulp and paper industry. However, for many years pulping development for kraftliner has been limited. The lack of development may be because corrugated board standards in many countries have specified basis weight and not strength demands on the corrugated board. With the modifications of Item 222/Rule 41, the situation in the United States has changed. Recently, a new cooking technology has been developed enabling defibration of softwood pulps at considerably higher kappa number with low reject content. Pulp quality as a function of kappa number has been evaluated for this new cooking technology compared to pulp produced using a conventional kraftliner cooking technology. Lower H-factor demands and increased strength, measured as tensile energy absorption, were the most important differences found between the two cooking systems in this study.


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