Lecta announces a price increase of 5% on all its CWF 1 side grades and self-adhesive materials.
The price increase is a consequence of the continuous increase in manufacturing costs. The new prices will be effective on deliveries from July 2nd, 2018.
Lecta sales teams are at our customers’ disposal to coordinate the price increase implementation.
https://www.lecta.com/en/news/Pages/Lecta-to-Increase-Prices-by-5-on-CWF-1S-and-Self-Adhesive-Ranges.aspx
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Lecta has developed new metallized papers with functionalities specifically oriented towards flexible packaging, recyclable products with the aim of replacing some of the materials currently in use that contain plastic. The new Metalvac Seal and Metalvac Barrier WV are the result of innovative work based on Lecta's expertise in direct high-vacuum metallization, the application of coatings and the search for the appropriate components to achieve the desired functionalities. Both products we present have characteristics suitable for specific flexible packaging applications, and in both cases, they are recyclable and therefore more sustainable. Metalvac Seal: Suitable for graphic and flexible packaging applications (such as flowpacks, sachets, envelopes, or wrappers) for non-food products (collectible cards, stickers, toys, hotel amenities, etc.) and food products that do not require a specific barrier. Metalvac Barrier WV: Suitable for flexible packaging applications (such as flowpacks, sachets, wrappers, caps, etc.) for both non-food and food products (such as confectionery, coffee, tea, powdered products, etc.).
A nitrile glove manufacturer will take over the shuttered mill in Chillicothe, one local source and one state government source have shared with the Statehouse News Bureau.
U.S. Medical Glove Company, an Illinois-based company, is currently closing on the sale of the site, each source said. The sale is not yet reflected in the Ross County Auditor’s Records.
The move could come with as many as 550, likely non-union, jobs—and manufacturing of surgical and exam gloves and boxes for gloves could start as soon as three weeks from Thursday.
KPLP Q2 2022 Business and Financial Highlights • Revenue was $397.5 million in Q2 2022 compared to $339.3 million in Q2 2021, an increase of $58.2 million or 17.1%. • Net loss was $35.5 million in Q2 2022 compared to net income of $2.2 million in Q2 2021, a decrease of $37.7 million. “We delivered another strong quarter of double-digit revenue growth in Q2 2022, but the depth, breadth and speed of inflation severely impacted our operating results and lowered profitability,” stated KP Tissue’s Chief Executive Officer, Dino Bianco. “We expect a partial recovery in the third quarter as successive pricing increases begin catching up with the inflationary curve, productivity gains are felt at our Memphis operations, and extensive cost management initiatives take effect. By the end of the fourth quarter, we anticipate a full recovery based on peaked pulp prices and reduced freight rates along with additional pricing adjustments. Consequently, we are highly confident about returning to a normalized margin in the near term.”