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BIS Shrapnel forecasts strong growth in the production and consumption of plywood and OSB as the global economy strengthens. The economic upturn will be driven by housing construction, furniture manufacturing, and other sectors where plywood and OSB are used. BIS Shrapnel says that housing construction in the U.S. is now in the early stages of an upturn and is expected to strengthen considerably from 2011 to 2015.

"Stronger growth in housing construction and economic growth in the United States will be supported by growth in the emerging markets of Asia and South America, which will have a positive impact on Europe and Australasia," says Bernie Neufield, report author and BIS Shrapnel