North American printing and writing paper demand down 6.5% in July
North American printing and writing paper demand declined by 6.5% to 719,000 tons in July, down 6.5% year over year according to the Pulp and Paper Products Council. Uncoated Freesheet operating rate stood at 80% down from 85% a year ago. And Coated Free Sheet operating rate rose to 85% up from 77% last July.
Related Posts
International Paper Reports Full-Year and Fourth Quarter 2020 Results
Full-year and fourth quarter highlights: •Full-year and fourth quarter net earnings (loss) attributable to International Paper of $482 million and $153 million, respectively, compared with $1.2 billion for full-year 2019, $204 million in the third quarter of 2020 and $165 million in the fourth quarter of 2019 •Fourth quarter cash provided by operations of $789 million, bringing full-year 2020 to $3.1 billion compared with $3.6 billion for full-year 2019. Full-year 2020 free cash flow (non-GAAP) of $2.3 billion, compared with $2.3 billion for the full-year 2019 •Fourth quarter debt reduction of $611 million, bringing full-year 2020 to $1.7 billion
New Product Category Rules Issued for Paper Products
The American Forest & Paper Association (AF&PA), in collaboration with the Forest Products Association of Canada (FPAC) and FPInnovations issued Product Category Rules (PCR) for Market Pulp, Paper and Paperboard, Containerboard and Tissue products manufactured in North America. The PCR provides rules and requirements for conducting paper product life cycle assessment (LCA) reports as well as developing Type III Environmental Product Declarations that communicate the environmental footprint of products to customers. The PCR development process included the participation of a broad stakeholder group including manufacturers, trade associations, government agencies, non-government organizations, retail representatives, independent parties, academia and other Environmental Product Declarations program operators. “This PCR has been approved by an independent peer review panel of recognized LCA experts,” said Debbie Steckel, Executive Director of the American Center for Life Cycle Assessment. “It conforms to the requirements of ISO International Standards, providing consistent and transparent environmental evaluation standards with the highest degree of credibility.” Click Read More below for additional information.