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Global Plywood Industry

Table 4: World Plywood Imports by Region (2008-2010):Breakdown of Volume Imports in Thousand Cubic Meters forAsia-Oceania, Europe, North America, Latin America and Africa(includes corresponding Graph/Chart) II-6

Table 5: Leading Plywood Importing Countries Worldwide:2008-2010 (In Thousand Cubic Meters) (includes correspondingGraph/Chart) II-7

Table 6: World Plywood Exports by Region (2008-2010):Breakdown of Volume Exports in Thousand Cubic Meters forAsia-Oceania, Europe, Latin America, North America and Africa(includes corresponding Graph/Chart) II-8

Table 7: Leading Plywood Exporting Countries Worldwide:2008-2010 (In Thousand Cubic Meters) (includes correspondingGraph/Chart) II-9

3. CONSTRUCTION INDUSTRY - A REVIEW II-10Construction Industry - Current Scenario II-10Developing Markets to Drive Global Growth II-11Table 8: GDP Trends Across Key Economies (in %): 2011-2013F(includes corresponding Graph/Chart) II-11

Table 9: Worldwide Construction Spending by Country (2011)(includes corresponding Graph/Chart) II-12

Table 10: Percentage Share of Construction Spending byRegion - 2015E (includes corresponding Graph/Chart) II-12Regional Perspective II-12The Americas II-12Asia Pacific II-13Europe II-13European Sovereign Debt Crisis: A Cause of Concern II-13Africa II-14Middle East II-144. PRODUCT OVERVIEW II-15What is Plywood? II-15A Century Long History II-15Manufacturing Process of Plywood II-15Grades and Groups of Plywood II-16Plywood Panels II-16Softwood Plywood II-16Hardwood Plywood II-16Categories in Plywood Panels II-16Plyform II-16Types of Plyform Plywood II-17Plyform Class I II-17Structural I Plyform II-17Plyform Class II II-17B-B Plyform II-17High-Density Overlay (HDO) Panels II-17Medium-Density Overlay (MDO) Panels II-17Canply Exterior Plywood II-18Advantages of Plywood II-18Maintenance and Life Span of Plywood II-18

5. PRODUCT INTRODUCTIONS/INNOVATIONS II-19LP Building Products Upgrades UL-Listed Products II-19UPM Plywood Unveils Formable Plywood II-19UPM Showcases New WISA Plywood Solutions II-20Century Plywoods Launches Exclusive Spanish Design Range II-20

6. RECENT INDUSTRY ACTIVITY II-21Refurbished UPM Plywood Mill All Set to Kick-Start Operations II-21Canfor Acquires Tembec's Southern British Columbia InteriorWood Products Assets II-21St. Croix Valley Hardwoods Divests Forest Products Unit toAetna Plywood II-21Weyerhaeuser Renames Wood Products Business II-22Century Plyboards Sets Up Plywood Plant II-22AZEK Building Products and WoodFord Plywood Ink DistributionPartnership II-22West Fraser to Divest Eurocan site to KM LNG Operating GeneralPartnership II-22ROC Holdings to Acquire Skeena Sawmills Unit of West Fraser II-23Ainsworth Lumber Acquires Stake in Footner Forest Products II-23AZEK Building Products Enters into Distribution Partnershipwith DIXIEPLY II-23California Closets® Enter into Agreement with Roseburg II-23West Fraser Timber Acquires Forest and Farm Licenses andAssets from Weyerhaeuser Company II-24UPM to Restructure Timber and Plywood Business II-24Asian Bamboo Takes Over 40% Stake in Xin Li Feng Bamboo Group II-24Murphy Acquires a Closed Panel Products Mill II-25Sumitomo Group to Construct New Plywood Plant II-25UCM Timber Takes Over Balfour Timber II-25Shangdong Longsheng Import and Honest Timber Acquire Plysorol II-25Aspen Planers Acquires Lillooet and Savona Operations ofAinsworth II-25Sumitomo Forestry Crest and Toyo Plywood to Merge II-25Paged Signs Partnership with ZAO II-26Ainsworth Divests Certain Plywood Assets II-26Mars Plywood Announces Expansion Plans II-26Timber Products to Halt White City Operations II-26Boise Cascade to Shut Down Oregon Manufacturing Facility II-26UPM to Shift Lahti Plywood Processing Operations II-26Panel Products Closes Rogue River Plant II-26Xibei Commences Construction of Plywood Plant II-27Weyerhaeuser Company to Close Certain Mills and Service Centers II-27Vetrazzo Signs Deals with KVF Distribution and Atlantic Plywood II-27Longlac Wood Industries to Close Plywood Plant II-27Subur Tiasa Holdings Takes over Semarak Veneer & Plywood II-27CVC Asia Pacific Acquires Asia Dekor Holdings II-27Century Plyboards ( India) Acquires Sharon Wood Industries andSharon Veneers II-28Century Plyboards ( India) Takes Over Century Panels II-28Ernslaw One Acquires Winstone Pulp International II-28Sveza and UPM Group to Enter into Joint Venture II-28Weyerhaeuser to Shut Down iLevel® Veneer Technologies Unit II-28Century Plyboards ( India) to Expand Plywood Capacity II-28Kruger Signs Agreement with Norbord II-29Canfor to Close Tackama Plywood Mill II-29UPM Expands Otepää Plywood Plant II-29CYMAO Holdings to Purchase Poly-Ply Industries II-29Weyerhaeuser Divests its iLevel Engineered Wood ProductsActivities in Europe II-29Sampoerna Forestry Acquires 43% Stake in Samko Timber II-29Barlinek to Begin Construction of Plywood Production Plant inRussia II-30

7. FOCUS ON SELECT PLAYERS II-31Atlantic Plywood Corporation (US) II-31Boise Cascade, LLC (US) II-31Century Plyboard ( India) Ltd. ( India) II-31Eksons Corp. Bhd ( Malaysia) II-32 Georgia-Pacific, LLC (US) II-32Greenply Industries Ltd. ( India) II-32Jaya Tiasa Holdings Bhd. ( Malaysia) II-33Roseburg Forest Products Co. (US) II-33Sarda Plywood Industries Ltd. ( India) II-33SDS Lumber Co. (US) II-34Seihoku Corporation ( Japan) II-34Stimson Lumber Company, Inc. (US) II-34Subur Tiasa Holdings Berhad ( Malaysia) II-35Ta Ann Holdings Berhad ( Malaysia) II-35Uniply Industries Ltd. ( India) II-35UPM-Kymmene Corporation ( Finland) II-35West Fraser Timber Co., Ltd. ( Canada) II-36Weyerhaeuser Company (US) II-36WTK Holdings Berhad ( Malaysia) II-36

8. GLOBAL MARKET PERSPECTIVE II-37Table 11: World Recent Past, Current & Future Analysis forPlywood by Geographic Region - US, Canada, Japan, Europe, China, Rest of Asia-Pacific, Latin America, and MiddleEast/Africa Markets Independently Analyzed with AnnualConsumption Figures in Thousand Cubic Meters for Years 2010through 2018 (includes corresponding Graph/Chart) II-37

Table 12: Table 12: World Historic Review for Plywood byGeographic Region US, Canada, Japan, Europe, China, Rest of Asia-Pacific, Latin America, and Middle East/Africa MarketsIndependently Analyzed with Annual Consumption Figures inThousand Cubic Meters for Years 2004 through 2009 (includescorresponding Graph/Chart) II-38

Table 13: World 15-Year Perspective for Plywood by GeographicRegion - Percentage Breakdown of Volume Consumption for US, Canada, Japan, Europe, China, Rest of Asia-Pacific, LatinAmerica, and Middle East/Africa Markets for Years 2004, 2011and 2018 (includes corresponding Graph/Chart) II-39


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