Total Packaging Papers shipments were 222,200 tons, 3.4% lower than September 2016. Bag & Sack shipments were up 3.8% year-to-date, while Food Wrapping shipments were down 7.8% over the same period. The operating rate for September 2017 was 87.9%, while the year-to-date rate was 88.7%. Inventories were 168,300 tons, down slightly since August.
http://afandpa.org/media/news/2017/10/18/american-forest-paper-association-releases-september-2017-u.s.-packaging-papers-specialty-packaging-monthly-report
Related Posts
U.S. packaging stakeholders have learned a lot this past year since Oregon became the first state to begin implementing an extended producer responsibility for packaging lawr. Yet the industry is still very early in the journey, according to speakers at SPC Impact in Nashville, Tennessee, from April 22-23. These were some of their insights on the direction EPR is headed.
Regulations and performance demands may only get stricter
Data organization must further level up
The meaning of sustainable design will evolve
Consumer trust will be a metric of success
Red states are coming
More details in the link below.
Packaging Corporation of America announced that it has completed its acquisition of the assets of Sacramento Container Corporation and 100% of the membership interests of Northern Sheets, LLC and Central California Sheets, LLC in a cash-free, debt-free transaction. Funding for the $265 million purchase price came from available cash on hand.
PCA Chairman and CEO Mark Kowlzan said, “Completing the acquisition of Sacramento Container, Northern Sheets and Central California sheets continues to further PCA’s strategic objectives. We welcome our new employees to PCA and look forward to quickly integrating these operations into our company.”
Fortis Solutions Group LLC ("Fortis"), a leading provider of high impact printed packaging solutions and a portfolio company of funds managed by Harvest Partners, LP, announced the acquisition of Identi-Graphics, Inc. based in Montgomery, Illinois. Terms of the transaction were not disclosed. Identi-Graphics is a manufacturer and printer of pressure sensitive labels and flexible packaging products serving the snack, bakery, confectionary, cosmetic and chemical end markets in the U.S. and Canada. The company specializes in the printing of bar wrappers for the nutritional supplement industry, in both heat and cold seal applications. Fortis President and CEO John O. Wynne, Jr. said, "Fortis is excited to bolster its flexible packaging and label capabilities in key end-markets with the acquisition of Identi-Graphics. With its great technical aptitude and central location, Identi-Graphics is well positioned for future growth. We welcome the experienced Identi-Graphics team and look forward to working with them."