Paper Industry M&A — The Consolidation Craze

Uncoated groundwood capacity in 2001 is now estimated to be almost 20 percent—or 443,000 tons—below that projected in last year's survey. The capacity growth of 10 percent that had been projected for 2001 never materialized. Instead, capacity declined by almost 8 percent. Uncoated groundwood capacity is projected to rise by 14 percent in 2002, to 2.1 million tons.