Total boxboard production decreased 1.9 percent when compared to March 2017 but increased 5.2 percent from last month. Unbleached Kraft Boxboard production increased over the same month a year ago but decreased compared to last month. Total Solid Bleached Boxboard and Liner production increased when compared to March 2017 and increased compared to last month. The production of Recycled Boxboard decreased compared to March 2017 and increased when compared to last month.
http://afandpa.org/media/news/2018/04/20/american-forest-paper-association-releases-march-2018-boxboard-report
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Ortviken's new factory facility was inaugurated on 16 May 2023 with a ceremonial speech by Berit Högman, Governor of Västernorrland County, and a "ribbon cutting" by timber sports profile Ferry Svan. This means that the journey towards the production of 300,000 tonnes of climate-smart CTMP pulp has formally begun. Ulf Larsson, SCA's President and CEO, started the opening ceremony in Herrgårdsparken next to Ortviken's industrial site. He stated that the project was delivered and completed on budget and also ahead of schedule, and now SCA's operations provide strengthened competitiveness on the global market. Ulf also asked the guests to send a thought to the relatives of the employee of a subcontractor who died in a workplace accident during construction. The investment of SEK 1.5 billion in Ortviken's industrial site was announced in 2020 and is aimed to increase the production of Chemi-Thermo-Mechanical Pulp, CTMP, from approximately 90,000 tons per year to 300,000 tons per year.
Mondi has commissioned and completed a life cycle assessment (LCA) for its ground-breaking paper-based Hug&Hold solution, to determine its environmental impact compared to that of conventional low-density polyethylene shrink wrap for six 1.5 litre PET beverage bottles. Hug&Hold is an innovative, sustainable and fully recyclable solution to replace plastic shrink wrap on the PET bottle bundle packs. It comprises two elements - a kraft paper sleeve to provide secure and safe transportation and a corrugated carrying handle that firmly holds the bottles around the neck, featuring an integrated handle for convenience and strength. The assessment shows that Hug&Hold has lower impacts in the categories of climate change, fossil resource use, photochemical ozone formation, acidification, ionising radiation, water use and eutrophication of freshwater. The overall carbon footprint is 43% lower than average LDPE virgin plastic shrink wrap and 15% lower than LDPE shrink wrap with 100% recycled content, meaning it can be recommended to reduce the climate change impacts of packaging while providing a strong solution for the customer and end user.
Fourth quarter 2023 net income (loss) was $(35.6) million compared to $(3.9) million in the fourth quarter of 2022. Net income (loss) from ongoing operations, which excludes special items, was $(0.1) million in the fourth quarter of 2023 compared to $0.5 million in the fourth quarter of 2022. Full year 2023 net income (loss) was $(105.9) million compared to $28.5 million in 2022. Net income (loss) from ongoing operations was $(4.7) million in 2023 compared to $39.5 million in 2022.