A bit of a battle seemed to be brewing over a March containerboard price increase in North America, even as suppliers continued to report four- to six-week mill delivery dates and as further supply chain disruptions occurred this week. Some national corrugated box buyers challenged this second increase in four months as “greedy,” and questionable…
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Linerboard, box prices holding as increases await; some decry the increase as ‘greedy’ and ill-timed
Amid recent, major asset sales and a planned spinoff of its US printing paper business, International Paper (IP) for a third time reduced its share holdings in Graphic Packaging and affiliates with two transactions this week amounting to $400 million, according to a financial filing and local press reports in Memphis. IP entered into a…
US boxboard prices held in place in February in a month of “chaos” with WestRock “paralyzed” by a ransomware attack on its IT systems since Jan. 23 that has limited its enforcement of price increases on coated recycled paperboard (CRB) since last month and solid bleached sulfate (SBS) effective this month, according to market contacts….
Opportunity is Knocking… Get Your Products and Services in Front of 30,000 Potential Customers! The Composite Can and Tube Institute’s 2019 Fall and Technical Meeting will be held September 26 – 27, 2019 at the Las Vegas All Suites Marriott in Las Vegas, Nevada, immediately following PACK EXPO. Register for the meeting by clicking here. CCTI is an official…
North America wood, paper & paperboard recycling market is predicted to surpass USD 4.4 billion by 2025, increasing at a CAGR of over 4.2%. Regional growth is positively influenced by government initiatives towards sustainable practices. Asia Pacific wood, paper & paperboard recycling market has the lion’s share of the global market over the entire forecast…
PK Packaging Group has reached an agreement to acquire the European and Chinese businesses of coreboard and tube producer Corenso. Corenso is an international supplier of coreboard, cardboard tubes and cores which are used in a broad range of demanding industrial applications. The agreement between VPK Packaging Group and NPAC International Inc. – a company…
Today the Sustainable Packaging Coalition launched The Goals Database, a database of industry commitments aimed at improving packaging sustainability. The SPC member-exclusive resource will reflect the public commitments and goals that top brand owners and retailers from across industry sectors have created to improve sustainability in the following categories: Packaging Sustainability Goal Categories: Bio-based/renewable materials Eliminate…
Industrial production increased 0.3 percent in December after rising 0.4 percent in November. For the fourth quarter as a whole, total industrial production moved up at an annual rate of 3.8 percent. In December, manufacturing output increased 1.1 percent, its largest gain since February 2018. The output of mines rose 1.5 percent, but the index…
North American pulp industry producers hobbled into the New Year 2019 amid steep price declines in US spot markets, plummeting demand and prices in China, and the highest inventory level ever recorded on a tonnage basis. Now, after a relatively soft $5-15/tonne drop in US bleached softwood kraft (BSK) effective list prices, buyers are expected…
Tifini Stafford, President/Women-Owned Small Business Jacquie Ball, CCTI, Sr. Staff Contributor Tifini Stafford’s dad was an entrepreneur. In 1966, he opened his own business selling packaging materials. During the Vietnam War, he was approached by a large local company about the prospect of manufacturing paper spools for detonating cord. American Spool & Packaging (Amspak) was born….
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