Total Packaging Papers shipments were 222,200 tons, 3.4% lower than September 2016. Bag & Sack shipments were up 3.8% year-to-date, while Food Wrapping shipments were down 7.8% over the same period. The operating rate for September 2017 was 87.9%, while the year-to-date rate was 88.7%. Inventories were 168,300 tons, down slightly since August.
http://afandpa.org/media/news/2017/10/18/american-forest-paper-association-releases-september-2017-u.s.-packaging-papers-specialty-packaging-monthly-report
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Kimberly-Clark has announced that its manufacturing site in Koblenz, Germany has become the company’s first tissue manufacturing facility globally with a pathway to transition its operations to 100% renewable energy. The site will electrify its heating needs as well as source its electricity demand via a portfolio of European power purchase agreements of offsite renewables. The transition is intended to be completed by 2029 latest. The move has been made possible by a Carbon Contract for Difference grant from Germany’s Federal Ministry for Economic Affairs and Climate Action, combined with K-C’s recently announced multi-country European purchase power agreements. As a result, toilet paper, hand towels and wipers under brands Kleenex, Scottex, Scott, WypAll, Page & Hakle, manufactured at the Koblenz facility, will be produced with significantly less carbon emissions. The CCFD is a financial mechanism to accelerate the transition away from fossil fuels. Improvements at the Koblenz site supported by the grant will include switching a natural gas boiler, hood heaters and related infrastructure to electric. These updates will achieve an energy efficiency of almost 99% and remove over 13,000 metric tonnes of carbon dioxide (MTCO2e) annually at the Koblenz facility.
The lives of consumers around the world were upended by the COVID-19 pandemic. Norms around work, school, travel and socialization changed virtually overnight. Eating habits also became fundamentally different, with a greater number of consumers cooking from home and eating healthier. The ability to physically visit retail stores also changed beyond recognition, and as a result e-commerce and direct-to-consumer models – which were already gaining huge traction pre-pandemic – accelerated rapidly in terms of sales. According to Euromonitor, online grocery is one of the most significant trends to emerge in the packaged food industry due to stay-at-home rules. Many major brands are prioritizing this channel within their corporate strategies having recognized the fact that its forward momentum is unlikely to ease. E-commerce is set to be the fastest growing channel as we continue to battle with COVID-19, and metal packaging is perfectly suited to the needs of both the consumer and the supply chain. *Retail value sales of the packaged food industry grew by 4.6% in 2020, compared to 1.7% in 2019 *The imposed stay-at-home rules, resulted in food sales from foodservice and institutional channels shifting to the home with a benefit to the retail channel *This, together with the essential nature of the food industry, has meant strong performance in 2020. [1]
Q3 2021 Highlights *Net Sales were $1,782 million versus $1,698 million in the prior year quarter. *Net organic sales declined 1% during the quarter as supply chain and labor market constraints delayed sales; remain on track to achieve approximately 200 basis points of full year organic sales growth. *Net Income was $73 million versus $64 million in the prior year quarter. *Executing approximately $650 million in pricing actions to address commodity input cost inflation. *AR Packaging acquisition expected to close November 1st. *Coated recycled paperboard production on new K2 machine in Kalamazoo, Michigan on track for start-up in the fourth quarter.