HoustonPoly Announces Price Increase

Q1 2023 Highlights: *Net Sales were $2,438 million, an increase of 9% versus the prior year quarter. *Net Organic Sales increased 1% versus the prior year quarter. *Net Income was $207 million, an increase of 93% versus the prior year quarter. *Net leverage was 3.1x versus 3.2x at year-end 2022.

With options for an ultimate adhesive bond to low, medium or high surface energy materials, the latest tape innovations feature ideal blends of adhesive properties to meet a variety of customer needs. “Mactac is committed to offering a diverse product portfolio to support our customers across all market segments,” said Janet Page, Business Unit Manager, Mactac Engineered Tapes & Laminates. “Our asset base and technologies allow us to offer a wider range of industrial tapes — making Mactac a true one-stop shop.” Macbond 481 Series Tapes have a high-performance, high-strength, UL-recognized acrylic adhesive that delivers excellent shear and ultimate bond to medium or high surface energy materials. The series offers high temperature performance and layflat release liners for easy converting. Macbond 481 Tapes are available in transfer or double-sided (sheet or roll) format with a 1-mil, 3-mil or 5-mil PET carrier. Macbond LS55 Series Tapes feature a high-tack acrylic adhesive with excellent temperature resistance. The tapes are available as 2-mil or 4-mil transfer adhesives and are accompanied with a 60# PCK release liner. The Macbond LS55 Series stands out for its superior performance on low surface energy materials or other difficult-to-adhere-to substrates, including foam.

WestRock Company announced that it has entered into agreements to acquire substantially all of the assets of Plymouth Packaging, Inc. (“Plymouth”). Plymouth is a corrugated packaging company that derives approximately 70% of its sales from its “Box on Demand” systems and corrugated fanfold, and 30% from traditional corrugated box packaging. Plymouth’s market-leading “Box on Demand” systems are located on the customer’s site and use fanfold corrugated to produce custom, on-demand corrugated packaging that is accurately sized for any product type according to the customer’s specifications. Fanfold corrugated is continuous corrugated board, folded periodically to form an accordion-like stack of corrugated material. Plymouth installs “Box on Demand” machines on its customers’ sites under multi-year exclusive agreements for the fanfold corrugated supply. Click Read More below for additional information.