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
Related Posts
The Pro Carton Young Designers Award is where tomorrow’s sustainable packaging first enters the spotlight. For years, MM Group has followed the innovative impulses each new generation brings to the industry, and MM Board & Paper has been a long-time sponsor of the event – donating the cartonboard from which the young creatives shape their designs. From across Europe, young creatives travel to the Pro Carton Young Designers Award to unveil their packaging prototypes on the big stage. MM Group is sponsoring the event, and, in April, hosted the 2024 national winners for a two-day workshop at the company’s headquarters. During the workshop, they worked shoulder to shoulder with the Innovation Teams from MM Board & Paper and MM Packaging – and visited MM Premium’s production facility and innovation center to experience firsthand the creation of bespoke packaging for major brands.
Net income attributable to equity holders of the Company (Earnings) for the fourth quarter of 2024 of $36.6 million increased by 5.1 percent from the $34.8 million recorded in the corresponding quarter in 2023. The improvement in gross profit was a key factor, elevating Earnings by $9.0 million. Conversely, higher operating expenses led to a contraction in Earnings of $2.4 million. In addition, foreign exchange lowered Earnings by $1.9 million. Furthermore, income taxes subtracted $1.1 million from Earnings. In combination, all other factors reduced Earnings by $1.8 million. For the year ended December 29, 2024, Earnings advanced by 0.9 percent to $149.5 million from the comparable 2023 result of $148.1 million. The sizeable expansion in gross profit enhanced Earnings by $20.7 million. Operating expenses reduced Earnings by $10.8 million. Additionally, foreign exchange and income taxes dampened Earnings by $4.3 million and $3.4 million, respectively. In total, all remaining items lowered Earnings by $0.9 million.
Huhtamaki took a significant step toward expanding its growth within the molded fiber industry, specifically for egg cartons and egg flats, on April 23 with the acquisition of Zellwin Farms in Zellwood, Fla. Now, 100 days into the integration, both companies are seeing a successful transition with a focus on safety, efficiency, and collaborative innovation.
“When we started working with the team in Zellwood, we found a very nimble, engaged and innovative workforce,” said Larissa Larrabee, Huhtamaki Controller who is leading the transition team in Zellwood, Fla. “We have already learned so much from their ability to solve problems and innovate.”
The former Zellwin Farms, now Huhtamaki Zellwood, has been serving egg producing customers throughout the Southeastern US from a single site for more than 20 years. It is a successful operation and obviously an attractive business that fits well with other recent Huhtamaki expansions.