Containerboard production was 2.0 percent higher compared to August 2016. The month-over-month average daily production compared to July 2017 was 1.0 percent lower. The containerboard operating rate for August decreased from 97.9 percent to 96.9 percent, which was 0.8 percentage points higher compared to August of last year. Year-to-date production of containerboard for export is up 4.4 percent.
http://afandpa.org/media/news/2017/09/19/american-forest-paper-association-releases-august-2017-containerboard-report
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Nottinghamshire-based Surepak Limited is ceasing to trade despite appointed administrators at PKF Smith Cooper being hopeful of a sale following the interest of 96 parties. Surepak Limited’s financial concerns became apparent during the global energy crisis when its electricity costs increased by more than 425%. This increase, coupled with the loss of two significant contracts, decreased the company’s turnover by c.£1m, due to customers’ packaging requirements changing and the relocation of a customer abroad. The Nottinghamshire-based organisation sought a buyer after sole director Stuart Yorston filed for administration on 9th February 2024. This was to safeguard the company’s business, assets, and employees from a winding-up petition served by a creditor, which was due to be heard on 14th February.
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ePac is excited to announce the creation of their newest location in Ghana. ePac Ghana is now taking orders and will have all orders fulfilled by ePac UK Silverstone while the Ghana location is being built. “We are fortunate to have a partner in Ghana with all the qualifications we look for when opening a new ePac location. Victor brings a multitude of talents to ePac, cares deeply about the community, and is committed to helping local brands grow. This is precisely ePac’s mission across the globe”, commented Jack Knott, ePac’s CEO.