Total Packaging Papers shipments were 223,400 tons, 1.6 percent lower than October 2016. Bag & Sack shipments are up 3.3 percent year-to-date, while Food Wrapping shipments are down 7.1 percent over the same period. The operating rate for October 2017 was 85.5 percent, while the year-to-date rate was 88.3 percent. Inventories were 167,800 tons, down slightly since September.
http://afandpa.org/media/news/2017/11/15/american-forest-paper-association-releases-october-2017-u.s.-packaging-papers-specialty-packaging-monthly-report
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We use fresh fibers from responsibly managed forests in our products. Fresh fibers provide exceptional strength per unit weight, allowing us to meet a certain specification while reducing material use. Smart fiber utilization means using just the right amount of fiber for each type of paper and board. Our development center labs work both independently and alongside customers to develop optimal packaging in terms of performance and weight. "Fiber efficiency is all about precision – delivering exactly what’s needed to meet high performance standards by optimizing fiber usage." Erika Toresson Nygårds, Project manager/Product development at Billerud. Lightweight packaging offers multiple advantages. Less use of material and lower transport weight reduces the carbon footprint. Packaging producers and buyers achieve a lower total cost of packaging while saving the planet’s resources. A low packaging weight also makes it easier for warehouse staff, store workers and consumers to handle the product.
Norske Skog announced that the start-up of the rebuilt PM 1 at its Golbey mill in France will we delayed and has been again postponed from Q2 2024 to the second half of next year due to delivery delays. In addition, the net investment amount for the conversion project will increase from €265m to €300m, primarily due to increased purchase prices for goods and services as well as somewhat delayed deliveries of equipment. In July this year, the company had postponed the start-up to Q2 2024 in order to align it with the commissioning of the new biomass boiler. The Golbey project is to convert PM 1 from newsprint to recycled containerboard production. The rebuilt paper machine will have an output capacity of 550,000 tpy, and Norske Skog expects the machine to run at 95 per cent of full capacity within two to three years after start-up. PM 1 formerly produced up to 250,000 tpy of newsprint and was stopped in the fourth quarter of 2022 to commence the rebuild.
Greif, Inc. announced it has been awarded a Gold Rating in sustainability performance by EcoVadis for the third year in a row. EcoVadis is an independent rating agency specializing in the evaluation of Corporate Social Responsibility (CSR), including sustainable development and performance monitoring of suppliers. This achievement places Greif among the top three percent of suppliers evaluated by EcoVadis. “We are pleased that our ongoing sustainability efforts have once again been recognized by EcoVadis with our third consecutive Gold Rating," said Pete Watson, Greif's President and Chief Executive Officer. “Greif’s commitment to sustainability is outlined in The Greif Way, is embedded in our business strategy and is critical to our customers’ success. I would like to thank our global colleagues for their continued commitment to sustainability and for their hard work to improve our performance in this key area.”