The USW has obtained a January 15 report to Deutsche Bank by the TerraChoice Market Service, Inc. entitled “Pulp Market Update.” The report reflects the current drop in prices, but also anticipates a recovery beyond previous price levels in the next few years.
Here are some of the points made in this industry/financial report:
- World market pulp demand was down 2.8% in 2008, dropping to a low of -9% during the second half of last year.
- Despite many discouraging statistics about the pulp market today, the report predicts that demand will stabilize in the second half of 2009.
- The report says despite supply cuts in 2009, there will be a solid recovery in the years 2010-2012.
USW/GP Contract Expirations for 2009
USW Local Union Location Expiration Date Product
654 West Monroe, LA 1/28/2009 Corrugated Boxes
786 Sterlington, LA 2/28/2009 Nitrogen Fertilizer
1703 Cedar Springs, GA 3/30/2009 Paper
1864 Cedar Springs, GA 3/30/2009 Paper
9-1865 Cedar Springs, GA 3/30/2009 Paper
2-148 Neenah, WI 5/1/2009 Pilot Products
1077 Milan, MI 5/2/2009 Corrugated Boxes
1334 Zachary, LA 6/5/2009 Uncoated Finished Paper, Tissue, Towel
335 Zachary, LA 6/6/2009 Fine Paper/Tissue and Towel
503 Fort Dodge, IA 6/19/2009 Gypsum and Wallboard
776 Duluth, MN 6/30/2009 Hardboard
1522 Talladega, AL 7/31/2009 Plywood
9-530 Hawthorne, FL 8/1/2009 Plywood/Fence Post
13-0174 Pryor, OK 8/17/2009 Board & Felt
140 Plattsburgh, NY 9/30/2009 Tissue/Napkins
387 Plattsburgh, NY 9/30/2009 Tissue, Towel & Napkin
13-0656 Fort Smith, AR 10/5/2009 Cups & Plates
527 Sterling, GA 10/31/2009 Lumber & Chips
1703 Cedar Springs, GA 11/30/2009 Railroad
