24 | Focus on OSB: Rest of the World
TABLE 2: New mills/additional capacity 2023 and beyond Country
Company
Europe France
Hungary UK
Spain Russia
Swiss Krono Swiss Krono Kronospan Kronospan Sibboard
Location Sully
Vásárosnamény Chirk
Tortosa Tomsk, Seversk
Angara Les LLC, Karat Group Kodinsk, Krasnoyarsk Mega Smart TBA
Ukraine Chile
OOO DOK Kalevala Kronospan Kronospan
Paneles Arauco New Zealand Laminex Total committed to 2023 & beyond
Sibay, Bashkortostan Verkhovazhsky, Vologda Petrozavodsk, Karelia Ufa, Bashkortostan Rivne
Cholguán Taupo
Press
existing Siemp press existing Siemp press TBA TBA TBA TBA TBA TBA
Siemp CR 9ft x 50.4m 2.60 x 55m TBA TBA
Capacity m3
/yr
Start-up date
approx 150,000 (extension) 2023 approx 250,000 (extension) 2023 600,000 360,000 TBA
TBA TBA
100,000 231,000 60,000
200,000 phase 2 Extension TBA TBA
300,000
approx 400,000 3,251,000
2022 TBA
2023 2027 2025 TBA
2023 2025 TBA
press, TBA = to be advised – awaiting further information, ca = approximate information, na = information not available, addl = additional, e = WBPI estimated capacity
for 2022 will be out in June. The UNECE figures for 2022 and estimation for 2023 do not include data for several countries that did not provide information, such as France, Hungary, Romania and Ireland, while Ukraine and Russia are also not included so it’s difficult to draw conclusions from this. For what it’s worth, the 18 European countries it includes, it rated OSB production and consumption as marginally up in 2022.
As always, it’s important to remember there is not an exact correlation between production rates and installed capacity.
WESTERN EUROPE
It is clear from financial updates from leading European panel producers that OSB markets weakened in the latter half of 2022. Egger described the second half of its financial year (ended October 31, 2022) as “subdued”, citing “many uncertainties
and crises” impacting on the energy and raw materials markets as well as the massive inflation and the associated loss of purchasing power causing a “noticeable drop in demand”. Egger’s Building Products division – including OSB – had record results in the previous financial year and said the year- on-year decline in demand for OSB was therefore expected. The division (which also includes sawn timber) saw revenues down by 6% to €256m and EBITDA down by 65% to €35m for the period. It also referenced volume problems for European OSB plants since the summer of 2022, with some reductions in capacity. “Forecasts point to a decline of roughly 15-20% for OSB products in Europe during 2023,” it said. The world’s largest OSB producer West
Fraser saw a sharp moderating of its performance in the fourth quarter of 2022 as more challenging market conditions started to bite. Its European EWP business achieved
EBITDA of US$30m in Q4. German OSB production saw a dip in 2022 of around 9%, though the production value held up due to pricing. In Q4 of 2022, German OSB production dropped by a staggering 17.7%.
Swiss Krono CEO Martin Brettenthaler Above: The Kronospan OSB project at Rivne WBPI | April/May 2023 |
www.wbpionline.com
told WBPI in February that the OSB market is facing challenges from a stuttering housing market, with high interest rates an unhelpful background factor. News from the likes of large German housing contractor Vonovia recently deciding not to commence new construction projects in 2023 was a sign of a weakening market, he said. As a result, he said demand for OSB was
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