In the present work, which is the second part in a series of two, multi-phase, multi-component equilibrium calculations were used to study the chemistry and deposition behavior of lead and zinc in the combustion of recovered waste wood (RWW). Particular attention was paid to the deposition behavior in different parts of the boiler under varying flue gas and material temperature conditions. In addition, the influence of fuel composition was considered by studying three different fuel compositions. The results from the calculations were compared to experimental results from two measurement campaigns, whose goal was to experimentally determine the distribution and speciation of zinc and lead compounds in aerosol particles and deposits in the fluidized-bed combustion of RWW. The results from the experimental work are presented in part 1 (10.1021/ef101478n) of this work.