chandler is out!, page-19

When you think about it, why would someone be interested in building a pulp plant now at this stage of the economic cycle?
Its like building an office tower and shopping centre; its cheaper to go out and buy a ready made one.
Maybe in 2 years time the situation will be much better.

Richard Chandlers fund still were not enough to build the world class pulp mill. It needed a JV partner. Its a time of survival, or acquire heavily discounted assets. Its not a 'build a new asset' time.

Dont like what Im typing, but I think its true.