Total Packaging Papers shipments were 219,200 tons, 9.5 percent lower than January 2017. Bag & Sack shipments were down 13.4 percent month-over-month and Multiwall shipments were down 19.0 percent. Food Wrapping shipments were up 0.4 percent. The operating rate for January was 84.3 percent, the second lowest over the last 13 months. Inventories were 171,800 tons, up 3.6 percent since December 2017.
http://afandpa.org/media/news/2018/02/22/american-forest-paper-association-releases-january-2018-u.s.-packaging-papers-specialty-packaging-monthly-report
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Clearwater Paper Corporation announced that it has entered into a definitive agreement to sell its tissue business to Sofidel America Corporation, a subsidiary of Sofidel S.p.A., a leading manufacturer of paper for hygienic and domestic use, for $1.06 billion, subject to adjustments for debt, cash, transaction expenses and net working capital. The transaction represents the next step in the Company’s transformation to become a premier independent supplier of paperboard to North American converters and the conclusion of its previously announced review of strategic options for the tissue business. “We are pleased to have reached this agreement with Sofidel, which we believe positions Clearwater Paper for its next chapter of growth and value creation,” said Arsen Kitch, President and Chief Executive Officer. “Clearwater Paper is transforming into a premier paper supplier in North America. Upon completion of this transaction, we intend to deleverage our balance sheet while scaling and diversifying our paperboard business to meet the needs of our customers. We look forward to delivering innovative and sustainable products to our converter customers while generating strong returns for our shareholders.”
Last year, Mondi announced that it would expand its existing plant in Ansbach, Southern Germany, to become the largest heavy-duty corrugated cardboard plant in Europe. The “Ansbach 2020” project, an investment worth €30 million, is in its final stages of completion and is meeting its customers' needs with innovative sustainable packaging solutions. The plant successfully installed state of the art machinery, including a new corrugator, die-cutting-machine, inline-machine, paper storage, shipping facility, waste processing facility and intralogistics system. The investment is strengthening the plants position as the go-to-expert for innovative and sustainable packaging solutions in the region. Furthermore, the updated machinery results in less energy consumption and reduces the carbon footprint of the plant.
Total containerboard production in June increased nine percent compared to June 2020. It was up five percent when compared to the same six months of 2020. June 2021 production of containerboard for export decreased 15 percent compared to the same month last year; it was down 25 percent year-to-date. The containerboard operating rate was 92.7 percent, up 1.4 points from June 2020 and up 1.4 points year-to-date. Mill inventories of containerboard at the end of June decreased 74,000 short tons from the previous month and were down 76,000 short tons compared to June 2020.