Containerboard production was up 1.5 percent compared to May 2017 and up 0.8 percent year-to-date. The month-over-month average daily production compared to April 2018 was 1.5 percent higher. The containerboard operating rate was 98.5 percent, 1.4 percentage points higher than the same month last year. Production for export was 3.6 percent lower than May 2017 and 5.4 percent lower year-to-date.
http://afandpa.org/media/news/2018/06/15/american-forest-paper-association-releases-may-2018-containerboard-report
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In its continuing efforts to discover and develop innovative technologies for the packaging industry, Amcor (NYSE: AMCR; ASX: AMC) announced today its strategic investment in PragmatIC Semiconductor, a world leader in ultra, low-cost electronics. Based in the United Kingdom, PragmatIC Semiconductor develops flexible, integrated circuits beyond the scope of conventional electronics. Their ConnectIC® family of radio frequency identification and near-field communications (RFID/NFC) integrated chips can be embedded into packaging to store and relay information to devices such as smartphones. This technology will enable smart packaging applications across the entire product lifecycle – from manufacturing and supply chain management to consumer engagement and even material recovery.
Aptar celebrated the capacity extension at its Congers, New York facility. This expansion supports the growing prescription and consumer healthcare customer demand for proprietary drug delivery systems in North America. Stephan Tanda, Aptar President and CEO, along with members of Aptar’s executive committee, welcomed Aptar employees, customers, government representatives and officials attending the ribbon cutting ceremony celebrating the expansion of the state-of-the-art manufacturing site, which first began manufacturing in 2002. The building extension enhances warehousing, cleanroom and manufacturing capabilities onsite and adds an additional 28,500 sq. ft. of manufacturing footprint. The 160,000 square foot Congers facility employs approximately 350 people, supports 14 injection presses and 25 machines as well as eight ISO certified clean rooms.
Q2/2024 (year-on-year) • Sales decreased by 3% to EUR 2,301 (2,374) million; however, continuing operations grew by 1%. • Operating result (IFRS) was EUR 99 (-253) million. • Earnings per share (EPS) were EUR 0.06 (-0.29) and EPS excl. fair valuations (FV) was EUR 0.07 (-0.27). • The value of the forest assets increased to EUR 8.7 (8.1) billion, equivalent to EUR 11.06 per share. • Cash flow from operations amounted to EUR 323 (146) million. Cash flow after investing activities was EUR 86 (-70) million. •Net debt increased by EUR 466 million to EUR 3,497 (3,030) million, mainly due to the board investment at the Oulu