The OSB market was described this week as “very buoyant”, with producers running largely at full capacity, production being sold out across Europe and prices marching ever higher, partly on the back of increases for plywood. But despite these positive movements, those in manufacturing circles are adamant that further price progression is essential given the pressure from costs.
The huge potential of the product is exemplified by its ability to sell out ahead of the traditional building season – and even during a period of severe winter weather, TTJ was told.
In announcing its latest financial results, Norbord revealed that it curtailed 40% of its OSB capacity in North America and 20% of its panel capacity in Europe throughout last year. European average prices declined 20% in 2009 although returns began to recover – particularly in the fourth quarter – due to improved demand, low supply-chain inventories and higher imported plywood prices across Europe.
The weakness of the pound against the euro will provide stronger local and export opportunities for its UK-based business, the company added.
Louisiana-Pacific (LP) has developed a flame-resistant OSB panel that does not rely on traditional fire treatments.
LP’s FlameBlock fire-resistant OSB sheathing incorporates a thin coating of non-toxic magnesium oxide cement and fibreglass, which the company claims achieves nearly three times the burn-through resistance of untreated wood panels.
The product has achieved a Class A flame spread rating and International Code Council (ESR-1365) certification for common roof and wall designs in multi-family and commercial buildings.
