Containerboard production was up 1.5 percent compared to May 2017 and up 0.8 percent year-to-date. The month-over-month average daily production compared to April 2018 was 1.5 percent higher. The containerboard operating rate was 98.5 percent, 1.4 percentage points higher than the same month last year. Production for export was 3.6 percent lower than May 2017 and 5.4 percent lower year-to-date.
http://afandpa.org/media/news/2018/06/15/american-forest-paper-association-releases-may-2018-containerboard-report
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*Net sales of $1.4 billion, up 12% as reported; up 15% constant currency *Net earnings of $150 million, up 41%; EPS of $1.00, up 47% *Cash flow from operations of $48 million, down 39% *Accelerating growth investments, CapEx of $67 million, up 53%, in 2022
Olov Winblad von Walter has been appointed VP, Husum Board and Pulp Mill. He will be responsible for managing Metsä Board’s integrated board and pulp mill at Husum. Winblad von Walter will start 20 September at the latest, and will report to Harri Pihlajaniemi, SVP Production at Metsä Board. Olov Winblad von Walter has extensive experience in the forest industry with companies including Iggesund Paperboard, Metsä Board, APRIL Fine Paper and MoDo Paper. He succeeds Pertti Hietaniemi, who will continue in his present position until Winblad von Walter’s start date. Metsä Board’s Husum mill is an integrated board and pulp mill producing fresh fibre folding boxboard, food service board and white kraftliner as well as bleached market pulp.
In autumn 2023, Finnish cosmetics company Lumene launched a moisturiser packaged in a bio-attributed* jar. The jar utilises a wood-based plastic raw material made from crude tall oil, a residue from pulp production. It is reportedly the first cosmetics jar that includes renewable materials in both the packaging and label. In the first phase, Lumene's Nordic-C [Valo] range of moisturisers will be packaged in this new type of jar. In the future, Lumene's entire range of 50 ml moisturisers will be packaged in a new bio-attributed jar. These are also the company's best-selling products. Reducing the dependency on fossil raw materials is a global challenge across many industries. For example, every year, the global cosmetics industry produces more than 120 billion containers. Many consumers are on the hunt for products with the lowest possible environmental impact, and industries are searching for raw materials to fulfil that need.