Composite Panel Association Reports Panel Shipments End Year Slightly Below 2015
The Composite Panel Association’s December Industry Snapshot Report indicates that North American composite panel shipments of particleboard and MDF totaled 5.511 billion square feet for the year 2016, a slight decrease of 0.9 percent below 2015.
December shipments totaled 412 million square feet (MMSF) (3/4-inch basis), down 1.5 percent compared to the same month a year ago.
Particleboard shipments totaled 236 MMSF (3/4-inch basis) in December, and were 3.305 BSF for the year 2016, coming in 1.4 percent below 2015. MDF shipments totaled 176 MMSF (3/4-inch basis) for the month and 2.206 MMSF for 2016, essentially flat compared to 2015.
Capitalization rate for particleboard production was primarily in the 65 to 75 percent range for 2016. Particleboard shipments for both the United States and Canada have remained about the same for the past four years. Shipments are extrapolated based on data received from 95.2 percent of the U.S. industry and 100 percent of Canadian industry.
The Industry Snapshot Report is published by the 15th of each month and is available to members on CPA’s web site. The 2016 North American Shipments and Downstream Market Report will be published in May and provide a comprehensive analysis of industry shipments.
RELATED ARTICLES
CPA FALL MEETING LOCATION CHANGE
DAVID SMITH SERVES AS CPA CHAIRMAN, ’21 BOARD ANNOUNCED
AWC NAMES JACKSON MORRILL PRESIDENT/CEO
ANDY O’HARE NAMED NEW CPA PRESIDENT
Latest News
Hasslacher Enters North America
Austria-based Hasslacher group is acquiring a stake in Element5, a mass timber producer specializing in the design, manufacture and assembly of modern engineered timber buildings. Based near Toronto, Can., Element5 employs more than 100 and produces cross-laminated timber and glued laminated timber for the North American market.
Endowment Welcomes New Board Members
U.S. Endowment for Forestry and Communities announces that Fritz Mason, Paul Hossain and Anna Torma were elected as new directors at the organization’s fall board meeting. “Drawing upon diverse backgrounds, they each bring a distinctive perspective and unique vision. We look forward to collaborating with them to further the mission of the Endowment,” comments Pete Madden, President and CEO of the Endowment.
FPIC At Louisiana Tech Receives Donation
Martin Sustainable Resources LLC of Alexandria, La. has donated $1 million to Louisiana Tech as a leadership gift toward construction of the University’s new Forest Products Innovation Center (FPIC), with the assurance of another $1 million to be presented by this June. The Center will be on South Campus and provide space for a transdisciplinary approach to solving the challenges…
Find Us On Social
Newsletter
The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.
Subscribe/Renew
Panel World is delivered six times per year to North American and international professionals, who represent primary panel production operations. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!