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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Industry-leading Turkish flavour company Aromsa, whose products include sauces, toppings, extracts and seasonings, was faced with a challenge. The company was fully committed to its sustainability strategy, but it had also started to work with a new customer who wanted to use stainless-steel containers for shipping. This would require an investment into approximately 250 stainless-steel containers, which is a costly packaging solution. In addition to high price, there are also the logistical costs of storage and maintenance, washing and sterilising the containers. Mondi was invited to develop an alternative solution and proposed the TankerBox which Aromsa trialled on their production line. After a few months of close collaboration and innovation at the Aromsa facilities, the TankerBox was ready for Aromsa’s commercial use. Produced from corrugated cardboard and developed as a substitute for the traditional Intermediate Bulk Container (IBC) and metal barrel, the TankerBox is an innovative product and a more sustainable solution. Its patented design consists of 5 parts: an outer box, inner octabin, angle frame, bottom star and top cover pieces.
International Paper reported full-year 2024 net earnings of $557 million, or $1.57 per diluted share, and adjusted operating earnings (non-GAAP) of $400 million, or $1.13 per diluted share. Full-year net sales were $18.6 billion in 2024 and $18.9 billion in 2023. The reported fourth quarter net loss was $147 million, or $0.42 per diluted share, and adjusted operating loss (non-GAAP) was $7 million, or $0.02 per diluted share. Fourth quarter net sales were $4.6 billion in 2024 and 2023. Full-year and fourth quarter net earnings include a pre-tax charge of $395 million for accelerated depreciation and restructuring charges, including $334 million related to the previously announced closure of the Company's Georgetown, S.C. pulp mill. "During 2024, we initiated our strategy to deliver profitable growth as the low-cost, most reliable and innovative sustainable packaging solutions provider for our customers," said Chairman and CEO Andy Silvernail. "Through a disciplined 80/20 approach, we have restructured our corporate organization, added resources to the business, reduced structural costs through footprint actions and successfully piloted regional box plant optimization. In the quarter, our earnings have stabilized and we intend to accelerate earnings improvement in 2025."
Pregis recently started production at its new 298,000 square foot manufacturing facility in Reno, Nevada. The facility is producing the Pregis EverTec™ cushioned mailer, a durable, lightweight, curbside recyclable, paper cushioned shipping solution. Since acquiring the technology to manufacture the envirotech shipping solution in 2020, Pregis has scaled the production and full-color digital printing of the curbside recyclable product to meet consumer demand, and it continues to add sites to serve strategic geographic markets in this rapidly growing e-commerce packaging market. The Reno plant is the newest facility to add production capacity of EverTec in addition to recently opened facilities in Arlington, Texas; Bethel, Pennsylvania; McDonough, Georgia; and the expansion of the founding Elk Grove Village, Illinois location.