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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Cascades Inc., leader in the recovery and manufacturing of green packaging and tissue products, invites the media representatives to a press conference during which the Minister of Economy, Science and Innovation, Dominique Anglade , the Minister responsible for the Centre-du-Québec region, Laurent Lessard , President and CEO of Cascades, Mario Plourde , President and Chief Operating Officer of Cascades Containerboard Packaging, Charles Malo , and Drummondville Mayor Alexandre Cusson , will inaugurate the expansion of the Drummondville corrugated packaging plant, an investment of $ 26.4 million. Dignitaries, customers, suppliers and employees will join them for this expected event.
Sonoco has awarded a gold-level Sonoco Sustainability Star Award to Interbake Foods of Front Royal, Va., a subsidiary of Weston Foods of Canada, for achieving zero waste to landfill status. Sonoco Recycling worked with Interbake on a new recycling program designed to maximize rebate, reduce costs and streamline recycling collection. Solid waste recycling was optimized through methods that made collection and processing more efficient, then supplemented with a waste-to-energy program that ultimately resulted in a landfill-free operation. “Interbake really worked smart as well as hard to achieve landfill-free status,” said Mike Pope, general manager and president, Sonoco Recycling. “They took a close look at their operations and found ways to increase efficiencies as well as rebates. Their program provides a great example how recycling isn’t just the right thing to do – it can be the best business decision as well.” Click Read More below for additional information.
Greif, Inc. announced that it has completed its previously announced divestiture of the Flexible Packaging joint venture, or “FPS” for a total cash consideration of $123 million, subject to certain conditions and post-closing adjustments, to Gulf Refined Packaging. “Completion of the FPS divestiture and the exit of the joint venture relationship is an important step in advancing our Build to Last Strategy,” said Ole Rosgaard, Greif’s President and Chief Executive Officer. “I would like to thank our FPS colleagues for their hard work over the last 11 years and wish them the very best in the future.” Proceeds from the sale of FPS will be used toward debt repayment. The impact from this sale has been factored into Greif’s recently announced increased earnings guidance for Fiscal 2022.