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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Q2/2023 (year-on-year) • Sales decreased by 22% to EUR 2,374 (3,054) million. • Operational EBIT decreased by 93% to EUR 37 (505) million. • Operational EBIT margin decreased to 1.6% (16.5%). • Operating profit (IFRS) decreased to EUR -253 (399) million. • EPS was EUR -0.29 (0.38) and EPS excl. fair valuations (FV) was EUR -0.27 (0.42). • Cash flow from operations amounted to EUR 146 (404) million. Cash flow after investing activities was EUR -70 (247) million. • The net debt to operational EBITDA ratio (last 12 months) was 1.7 (1.0). The target is to keep the ratio below 2.0. • Operational ROCE excluding the Forest division (last 12 months) decreased to 10.7% (21.7%), the target being above 13%.
The global furniture retailer XXXLutz Group is taking pioneering steps towards the goal of climate neutrality and sustainability. Teaming up with Stora Enso they are exploring game-changing alternatives to conventional packaging materials: Papira® and Fibrease® by Stora Enso. The collaboration is a milestone in the quest for eco-conscious packaging solutions and is a part of Stora Enso´s strategy to partner up with market leaders. By substituting traditional polymeric foams with lightweight wood-based alternatives, significant reductions in CO₂ emissions are possible. Similar to other used materials, like paper and cardboard, the foam materials are recyclable and can be disposed with paper and thus returned to the cycle. “Fibrease and Papira are the result of years of relentless research by a dedicated team. We believe that our renewable resource, the forest, is the solution to many of the environmental challenges facing us today. Producing a sustainable and recyclable packaging foam is a giant leap towards a greener future. Many industries today look towards lowering the CO2 footprint and Stora Enso´s dedication to innovation provides tangible solutions to this issue for companies and consumers alike”, says Ivan Christensen, Business Development Manager Biofoams.
Earnings as expected below previous year’s record level. • Sharp decline in demand and significant market- and capex-related downtime at MM Board & Paper weigh on results • Strong profit performance at MM Packaging • Comprehensive modernisation programme to increase competitiveness of MM Board & Paper implemented • Successful integration of last year’s acquisitions in the resilient area of pharmaceutical packaging • Positive volume trend for MM Board & Paper at beginning of 2024, however pressure on margins is continuing. Peter Oswald, MM CEO, comments: “After the record result of the previous year, the MM Group faced a significantly lower demand in the paper and cartonboard industry as well as increasing price pressure in 2023. In addition to destocking in the supply chain, inflation-related changes in consumer behaviour which led to lower consumption of everyday goods and the overall economic slowdown in our European main markets were the main causes.