MELBOURNE – A new report by research firm BIS Shrapnel indicates Australia’s output of MDF will decline by 13% this year, largely due to the close of Carter Holt Harvey’s plant in Tasmania.
According to BIS Shrapnel’s report, Medium Density Fiberboard in the Pacific Rim and Europe, 2007 to 2012, says unless a new plant is built or a significant upgrade takes place at one or more existing plants, MDF output will increase just 1% annually between 2008 and 2011. That would put Australian MDF production at 715,000 cubic meters in 2011, 17,000 cubic meters below 2002 levels.
The report sees global output of MDF to grow by 3% a year until 2011, reaching a level of 52 million cubic meters compared to 47 million cubic meters last year..
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