Pulp Tidal Wave
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Referring to it as the possible build-up of a "pulp tidal wave," Mark Wilde, senior analyst with Deutsche Bank, points to two recently announced chemical pulp expansion projects—Aauco's plans to build a new 1.3 million metric tpy pulp mill in southern Chile with a late-2015 startup, and Asia Pulp & Paper's reported plans to build the world's largest pulp line (2 million metric tpy) in South Sumatra with a 2017 startup. Several new pulp mills, he adds, are planned for Latin America during the next three years.
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