Packaging Corporation of America’s containerboard mill in DeRidder, Louisiana, recently announced that it is offering scholarships to two graduating seniors from each of six local schools: DeRidder High School, Merryville High School, Singer High School, East Beauregard High School, Rosepine High School and South Beauregard High School. For each school, one scholarship will be awarded in the amount of $1,000 and another at $500. The criteria used to select the recipients includes financial need, scholastic excellence, extra-curricular activities and relationship of degree to the papermaking industry.

Smurfit Kappa, expert in complete Bag-in-Box® packaging solutions, is official partner of the Concours International Wine in Box contest once again. Smurfit Kappa has had a strategic partnership with the…

Third quarter net sales in Food were $797 million, an increase of 13% as reported. Third quarter net sales in Protective were $609 million, an increase of 14% as reported. Net sales of $1.4 billion increased 14% as reported. Favorable currency impact contributed $12 million, or approximately 1%, to net sales growth, as compared to the prior year. Net earnings in third quarter 2021 were $108 million, or $0.71 per diluted share, as compared to net earnings of $132 million, or $0.85 per diluted share, in the prior year. The decline is due to higher income tax expense and a $15 million pre-tax loss on the debt redemption of 4.875% senior notes due 2022.