Focus on Particleboard Part 2 | 13


The economic stats are mesmerising and surely point to a large and increasing consumption of wood products for the decades to come.


Nearly one-third of people are now in the important middle-class bracket. That, and an urbanisation trend, is fuelling consumer purchases, including furniture. The Indian real estate market is poised to


contribute 13% of the country’s GDP by 2025 and the market is further projected to grow to US$1 trillion by 2030. India’s leading wood-based panels producer CenturyPly produces plywood, MDF, laminates and PB. CenturyPly recorded a 12.7% growth in profit after tax in FY 2022- 23 to 366.83 crore. In its annual report, CenturyPly says it is


“investing across the board” to enhance its future-readiness. These investments include new plants in its plywood, laminates, MDF and PB divisions.


With six plywood plants and one MDF


factory, CenturyPly also has one existing PB plant in Chinnappolapuram, Gummidipoondi, Tamil Nadu, which recorded 101% capacity utilisation in FY 2022-2023.


The existing PB operation has a capacity of 72,000m3


. . This will expand to 312,000m3


when the new greenfield plant is completed at Chennai, Tamil Nadu in Q4, 2025, with a capacity of 240,000m3


The 550 crore investment is one of four


investments being made by the group. In its annual report, CenturyPly says demand in the PB sector is better compared to plywood as demand and supply equilibrium is in balance. “The PB sector is growing steady with double digit growth thanks to rising domestic demand and growing consumption in the furniture sector,” it said. One PB plant completed in India during 2023 was Merino Industries Ltd’s facility in Halol, Gujarat, with the first board in October 2023. This project will be added to the main listing next year. Merino is one of India’s largest laminates manufacturers, so PB manufacturing is a new enterprise for the company.


It partnered with Dieffenbacher on the


project. The German company supplied a CPS+ continuous press, chipping line and flake preparation, forming station and forming line, press emission control system and raw board handling and the pneumatic transport and exhaust system with all necessary safety equipment.


Continued on page 22 www.wbpionline.com | December 2023/January 2024 | WBPI


Table 2: Rest of the world average line capacity 2022. ('000m³/year)


China


South America North East Asia South East Asia Other Asia Australasia Africa


56.6


222.8 130.5 165.2 59.2


101.1 83.9


Table 3: European and North American average line capacity 2022. ('000m³/year)


US


Canada Mexico EU28


Other Europe


287.6 362.3 99.7


323.7 246.2


Table 4: Distribution of production line capacities 2022 No of lines


China


South America North East Asia South East Asia Other Asia Australasia


100-200,000m³ 22


4


11 12 6 3


No of lines


200-300,000m³ 24


3 3


10 1 1


43


No of lines


over 300,000m³ 8


12 2 8 3 1


Africa 112 59


Table 5: Future capacity development ('000m³/year) Algeria


Australia Brazil China


Ecuador India


Japan


New Zealand Thailand


Ghamoud


Focus on Particleboard Part 2 Restricted content


Borg (Australian Panels) Berneck


Wanhua No.10


Aglomerados Cotopaxi Greenlam


Merino Mill Industries Century Plyboards ENboard, Shizuoka Guangxi Fenglin Metro, Surat Thani


48734 To view please subscribe 500


tba 265 270 240 300 400


450 50334 51794 2022 48734


2023 Beyond 2024 48734


115 650 440 36


Table 6: World particleboard capacity. '000m³ 2019 6019 2174 997


US


Canada Mexico


EU27 + UK


Other Europe China (e)


South America North East Asia South East Asia Other Asia Australasia Africa


37797 17424 12669 8689 3655 9749 3649 1618 2265


106705


2020 6536 2174 997


39818 17524 17634 8689 3655 9749 4066 2018 2265


115125


2021 6040 2174 997


40818 17904 18025 8689 3655 9749 4087 2018 2265


116421


2022 6040 2174 997


41672 17904 18669 9129 3655 9749 4087 2018 2265


118359


2023 & Beyond 6040 2174 997


43286 19937 19169 9569 3955


10199 4327 3068 2380


125101


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