Total Packaging Papers shipments were up 3.0 percent compared to May 2017 but down 0.2 percent year-to-date. Bag & Sack shipments were essentially flat year-to-date, Multiwall shipments were down 3.3 percent, Converting shipments were down 0.4 percent and Food Wrapping shipments were up 3.5 percent. The operating rate for May increased to 94.5 percent from 92.9 percent in April. Inventories were down 3.6 percent since April.
http://afandpa.org/media/news/2018/06/15/american-forest-paper-association-releases-may-2018-u.s.-packaging-papers-specialty-packaging-monthly-report
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Smurfit Kappa has announced a significant investment in its Hoya paper mill and board manufacturing plant in northwest Germany. It is the latest phase of an investment programme, which commenced in 2011, and this last phase will see production output increase by 70 kt to 450 kt per annum. The investment will replace the complete press section of the PM2 paper machine with new state-of-the-art technology, increasing the overall efficiency of the manufacturing process. The PM2 is a 7.5 meters wide paper machine, producing both testliner and fluting packaging paper. Production speed will increase to 1250 m/min and upon completion, this world class machine will further strengthen the industrial efficiency of Smurfit Kappa Group's containerboard system. It is expected to be operational from the first quarter of 2023.
Metsä Board's BCTMP mill in Kaskinen produces high-quality pulp for Husum mill in Sweden and domestic board mills. The next goal of the modern mill is fossil free production. According to the VP of Kaskinen mill, there is a lot of long-standing and strong expertise in the Kaskinen team, which will contribute to the mill's development. On the west coast of Finland Kaskinen is home to one of Europe’s largest and most modern bleached chemi-thermomechanical pulp mills. The mill is now aiming for fossil free production by the end of 2030, in line with Metsä Group's targets. "In 2018, the mill's capacity was increased, and since then there have been several smaller investments and improvements made to our processes which has moved the mill forward. Our position at Metsä Board is pivotal, as our pulp is used in the production of folding boxboards. A significant part of our pulp goes to the Husum mill in Sweden, where recent investments have been made to increase production volumes of folding boxboard.