Total boxboard production increased 4.0 percent when compared to April 2017 and increased 2.6 percent from last month. Unbleached Kraft Boxboard production increased over the same month a year ago and increased compared to last month. Total Solid Bleached Boxboard & Liner production increased when compared to April 2017 and increased compared to last month. The production of Recycled Boxboard increased compared to April 2017 and increased when compared to last month.
http://afandpa.org/media/news/2018/05/18/american-forest-paper-association-releases-april-2018-boxboard-report
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he National Association of Wholesaler Distributors (NAW) has secured a preliminary injunction blocking enforcement of Oregon’s EPR law after arguing that it imposes burdensome fees and taxes on distributors.
NAW is a trade association that represents companies that distribute products across various sectors, including food and industrial supplies.
“The injunction relieves NAW member companies of the fear of enforcement from the Oregon Department of Environmental Quality — an enforcement that comes with the potential of US$25,000 a day in penalties, which could cause severe harm,” says Hoplin.
“This is a new law, the first in the US. It is complex and imposes a massive regulatory and financial burden on distributors, many of whom are located across state lines and were unaware of the law until just a few months ago.”
Apollo announced that funds managed by Apollo affiliates (the “Apollo Funds”) have completed the acquisition of a majority stake in Novolex Holdings LLC (“Novolex” or the “Company”), a leading global manufacturer of diverse and sustainable packaging products for the foodservice, delivery and carryout, food processor and industrial markets, from funds managed by Carlyle (NASDAQ: CG). Carlyle will retain a minority stake in the Company. The financing for the acquisition includes the largest-ever sustainability-linked loan issued to date. Additional financial terms of the transaction were not disclosed.
January–September 2023 (compared to 1–9/2022) *Sales were EUR 1,519.2 million (1,879.7). *The comparable operating result was EUR 121.5 million 420.0), or 8.0% of sales (22.3). Operating result was EUR 121.0 million (436.8). *Comparable earnings per share were EUR 0.26 (0.90), and earnings per share were EUR 0.26 (0.94). *Comparable return on capital employed was 6.7% (23.0). *Net cash flow from operations was EUR 218.6 million (161.7). July–September 2023 (compared to 7–9/2022) *Sales were EUR 479.0 million (647.3). *The comparable operating result was EUR 5.5 million (152.5), or 1.1% (23.6) of sales. Operating result was EUR 3.1 million (153.4). *Comparable earnings per share were EUR 0.02 (0.33), and earnings per share were EUR 0.01 (0.33). *Comparable return on capital employed was 1.3% (24.7). *Net cash flow from operations was EUR 76.6 million (66.4).