Containerboard production was up 3.5 percent compared to March 2017 and up 0.5 percent year-to-date. The month-over-month average daily production compared to February 2018 was 3.5 percent higher. The containerboard operating rate was 97.4 percent or 0.7 percentage points higher than the same month last year. Production for exports was 3.3 percent lower than March 2017 and 6.7 percent lower year-to-date.
http://afandpa.org/media/news/2018/04/18/american-forest-paper-association-releases-march-2018-containerboard-report
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Mondi has brought together industry leaders in an expert round table to discuss how to improve the circularity of used paper bags in the construction industry. The event looked at how to build systems that will prevent the disposal of used paper bags, working towards implementing a process of efficient collection, sorting, and recycling that can be managed on an industrial scale. The partners attending were representatives from different parts of the value chain, namely Mondi, Envalora, Neinor Homes, OHLA, Arpada, Macotran, RCD Asociacion, S. Solís, Uder, Alier, Saint-Gobain and CoCircular. These like-minded industry leaders share a vision of boosting the circularity of paper bags used in the construction industry and see collaboration and stakeholder dialogue as a critical activity to achieve this.
January−March 2022 (compared to 1–3/2021) • Sales were EUR 582.0 million (493.7). • Comparable operating result was EUR 121.5 million (88.8), or 20.9% (18.0) of sales. Operating result was EUR 140.7 million (82.0). • Comparable earnings per share were EUR 0.26 (0.20), and earnings per share were EUR 0.31 (0.18). • Comparable return on capital employed was 21.1% (18.3). • Net cash flow from operations was EUR 92.6 million (16.8).
The transaction is expected to close by the end of this year and create synergies, especially for their food and beverage packaging business units.
Anchor Packaging touts itself as being the eighth largest plastic packaging thermoformer in North America, while Georgia-Pacific is one of the leading fiber and tissue product manufacturers. The companies indicate their combination will create synergies to drive growth and innovation, especially to serve the food and beverage sectors.
“This partnership allows us to expand our product portfolio, strengthen our supply chain and accelerate our commitment to innovation,” said Anchor Packaging President and CEO Jeff Wolff in the news release.
Anchor Packaging is based in St. Louis and has multiple facilities in Arkansas, Wisconsin and Argentina. TJC has owned the company since 2019, at which time Anchor announced a plan to accelerate growth. The Hermann family, who founded Anchor in 1963, continued to have ownership alongside TJC.