27 fibreboard plants were built in China in 2014 adding around 4.4 million cubic metres of new annual capacity.
At the end of 2014 China had 768 fibreboard plants with an annual capacity of 51.8 million cubic metres. However, around 200 plants have been closed eliminating some seven million cubic metres of production capacity.
On the other hand, new MDF plants continue to be built and it is forecast that by the end of this year production capacity will rise to 55 million cubice metres.
Over the last several years, China’s fibreboard production capacity has increased by an average of 3 million m3 per year.