Total Packaging Papers shipments were 235,900 tons, 1.7 percent lower than August 2016. Bag & Sack shipments were up 5.5 percent year-to-date, while Food Wrapping shipments were down 8.5 percent over the same period. The operating rate for August 2017 was 90.3 percent, while the year-to-date rate was 88.8 percent. Inventories were 168,600 tons, down slightly since July.
http://afandpa.org/media/news/2017/09/19/american-forest-paper-association-releases-august-2017-u.s.-packaging-papers-specialty-packaging-monthly-report
Related Posts
SECOND QUARTER 2022 HIGHLIGHTS Second quarter net earnings attributable to International Paper of $511 million compared with $360 million in the first quarter of 2022 and $432 millionin the second quarter of 2021. 13% year-over-year revenue growth $65 million of earnings achieved from Building a Better IP initiatives, bringing year-to-date to $105 million Cash provided by operations of $390 million, bringing year-to-date to $978 million Returned $565 million to shareholders through share repurchases of $395 million and dividends of $170 million in the second quarter, bringing year-to-date to $1.1 billion
In alignment with Inteplast Group’s sustainability goals, the BOPP Films business unit has received ISCC (International Sustainability & Carbon Certification) PLUS certification at the following facilities: Gray Court, SC; Lolita, TX; and Morristown, TN. Inteplast BOPP Films can now produce and supply ISCC-certified materials that are attributed via a mass balance approach.** This makes the company one of the first North American BOPP film manufacturers to hold the ISCC PLUS designation. Paul Marquard, general manager and vice president of BOPP Films, said that the ISCC PLUS certification and its mass balance approach fortifies circular economic development in the 21st century, making waste a restorative resource. “Inteplast BOPP Films is committed to embracing the principles of a circular economy, which will shape our operational procedures and product innovation. With our ISCC PLUS certification, we are equipped to provide cutting-edge recycling solutions that align with the objectives of packaging converters and consumer product companies,” Marquard explained. “Ultimately, our certified materials contribute to a significant reduction in the utilization of fossil-based virgin plastics within packaging.”
Packaging leader Smurfit Kappa has joined forces with KHS, one of the world’s leading manufacturers of filling and packaging systems for the beverage and liquid food industries, to roll out its sustainable TopClip multipack product for bundling canned beverages. The partnership brings to the market an end to end solution for beverage companies, including a combined unique and innovative packaging solution and high speed, efficient packaging machines. Launched last year at Smurfit Kappa’s global Better Planet Packaging Day, TopClip is a recyclable solution that replaces the need for shrink wrap, therefore providing an option for substituting plastic with sustainably sourced paper-based packaging. TopClip is free from additional glue, meaning it is 100% plastic free, also allowing for a greater ease to remove or pull apart the cans. The patented product addresses the needs of consumers who are looking to retailers and brands to provide more environmentally friendly packaging.