Total Packaging Papers shipments were 240,000 tons, 2.5 percent higher than December 2016. Bag & Sack shipments were up 1.3 percent year-to-date, while Food Wrapping shipments were down 6.0 percent over the same period. The operating rate for December 2017 was the second highest of the year at 92.0 percent, while the year-to-date rate was 88.6 percent. Inventories were 165,800 tons, down 4.2 percent since November 2017.
http://afandpa.org/media/news/2018/01/16/american-forest-paper-association-releases-december-2017-u.s.-packaging-papers-specialty-packaging-monthly-report
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Around 170 guests attended the official inauguration of the new polyethylene (PE) coating plant at the consumer board mill in Beihai, China. Stora Enso has invested EUR 31 million in the PE coating plant, following its establishment in the Guangxi region in China as a response to increasing demand on the market. The plant has an annual capacity of 80 000 tonnes of PE coated products. PE coated board is suitable for products that require barrier against moisture, such as paper cups and food service packaging. Click Read More below for additional information.
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