Mr. Russell Kennedy

Former President and Chief Executive Officer, ENAP, INC.


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GLG News by Mr. Russell Kennedy, Former President and Chief Executive Officer

Analyses are solely the work of the authors and have not been edited or endorsed by GLG.

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OSB Market Trends

April 3, 2007

OSB - Southern Capacity Glut | www.marketwire.com

OSB producers are investing in an off cycle time frame which will put increased pressure on pricing.

US Housing market trends are not supporting OSB producers investments and the outlook looks like it will continue for another 15 - 18 months before any shift will occur.

OSB value added products are niche products and will not support relief for the industry.

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