Total Packaging Papers shipments were 230,900 tons, 4.7% higher than July 2016. Bag & Sack shipments were up 6.1% year-to-date, while Food Wrapping shipments were down 9.5% over the same period. The operating rate for July 2017 was 88.4%, in line with the year-to-date rate of 88.6%. Inventories were 173,100 tons, up slightly since June.
http://afandpa.org/media/news/2017/08/17/american-forest-paper-association-releases-july-2017-u.s.-packaging-papers-specialty-packaging-monthly-report
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• Q2 ahead of Q2 2023 • Half-year financial results below previous year due to pricing • Cash flow significantly improved • Strong volume increase in Board & Paper • For more transparency Packaging from now on reported as two divisions: MM Food & Premium Packaging and MM Pharma & Healthcare Packaging • Solid performance in Packaging divisions • Considerable reduction of carbon footprint vs. 1st HY 2023. Peter Oswald, MM CEO, comments: “The MM Group succeeded in improving its adjusted EBITDA and adjusted operating profit in the 2nd quarter compared to both the previous two quarters as well as last year’s 2nd quarter. The consistent execution of the profit & cash protection programme led to a significant increase in cash flow from operating activities and free cash flow. At the same time, the Group’s financial leverage remained largely constant.
Mondi has launched a new paper EcoWicketBag for Drylock Technologies’ baby diaper ranges, bringing sustainable paper-based packaging to the hygiene market globally. The global hygiene products manufacturer approached Mondi to create a more sustainable alternative to its existing plastic diaper packaging that would travel well, have strong shelf-appeal, and protect the product - while also using renewable resources and significantly reducing its CO2 footprint. “We approached Mondi because of their expertise in paper packaging and their extensive knowledge of the global hygiene market. Consumers are looking for more sustainable packaging that is kinder to the planet without compromising on the integrity of the product. With the EcoWicketBag, consumers can be confident of product quality and packaging sustainability,” said Werner Van Ingelgem, R&D director at Drylock Technologies.
It’s not unusual in the Western world to throw away leftovers and discard slightly damaged food without a second thought. Yet when we consider that 135 million people face acute food shortages, it is clear that food waste is an issue we can no longer afford to ignore.(1) Food waste campaigner Tristram Stuart has said, “Cutting food waste is a delicious way of saving money, helping to feed the world and protect the planet.” He’s right, confronting food waste is critical to the health of people, the planet and business. It’s staggering that two billion people could be fed with the 1.3 billion tonnes of food that is lost or wasted every year – the combined population of Europe and Africa.(2) In places like Europe almost half lost is at the consumer end of the supply chain, while in developing countries a significant proportion of post-harvest food is wasted. Regardless of location, these high losses are mainly due to lack of proper storage, improper handling and inadequate packaging.(3) click read more below for the rest of the article