Metso Investor Magazine has an interview with Pöyry vice president Tuomo Niemi. The article notes that according to the FAOSTAT database, in 1994 world production of pulp was 178 million tons. By 2004, the figure had increased to 189 million tons. That’s an increase of about one million tons a year. Metso estimates that about 2.5 million tons of new pulp capacity is “needed” each year.
“New pulp producers are turning to suppliers with requests for increasingly bigger production equipment and machinery. An ordinary pulp line in the early 1990s produced half a million tons of pulp per year; now that amount is about one million tons, and within the next ten years it will climb to as much as one-and-a-half million tons per year,” says Niemi.
Every time a new one million t/yr pulp mill comes on line, that’s an increase of about 0.53% in world pulp capacity.