Location: JHE 326H
There is little argument over whether the North American forestry industry is in crisis. The corporate strategy for many forestry companies in recent years has centered on company mergers and continuous belt tightening. Merger activity has undoubtedly been critical, however it is clear that alone, it is not enough – a new business model is essential. The North American forestry industry leadership has begun to discuss the need for “transformative changes” - one possibility for this change is the so-called forest biorefinery. This presentation will define an implementation strategy being considered by some forestry companies for producing “green” biorefinery products in addition to pulp and paper products from a biorefinery, some of the risks facing these companies, and how they might systematically analyze opportunities using systems engineering techniques in order to mitigate the risk.
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