Paper Clips Industry News | Midland Paper Packaging + Supplies

Mondi and Fressnapf introduce recyclable packaging for dry pet food range

Mondi has collaborated with Fressnapf, Europe’s market leader for pet supplies, to switch their packaging to a new range of premium mono-material recyclable solutions using process colour printing technology. Fressnapf | Maxi Zoo’s exclusive brand SELECT GOLD dry pet food range will now be packed in Mondi’s FlexiBag Recyclable, BarrierPack Recyclable and Recyclable StandUp Pouches. These mono-material packaging solutions provide strong barrier properties providing protection from moisture, fat and odour and are strong and flexible to pack and store. As certified by Institute cyclos-HTP, the mono-material packaging is recyclable with other mono-polyethylene (PE) films using various existing recycling streams across Europe, contributing to a circular economy. The adaptability of the packs enabled Fressnapf | Maxi Zoo to design around 150 pet food packaging designs from 300 g to 12 kg. All packaging sizes offer long shelf life and ease of use for consumers.

Sappi Europe to maintain prices of Woodfree Coated Paper for the remainder of 2023

In an effort to address prevalent supply chain uncertainties and to maintain the commercial viability of its Graphic Paper business, Sappi Europe will keep prices for its Woodfree Coated Paper grades stable at today’s level for the remainder of 2023. This commitment facilitates customers' ability to commit to business in advance of the traditionally busier fourth quarter for the printing industry. Market conditions are similar across the region, but obviously diverge between countries and segments and as such Sappi Europe’s sales personnel is always available for these individual customer specifics. Sappi Europe remains fully committed to serving the printing business and will work closely with our customers to ensure the best possible outcome throughout the print media value chain.

Sustana welcomes Aaron Ling as Director of Sustainability

Sustana, a manufacturer of premium, sustainable recycled fiber and paper products, announces the appointment of Aaron Ling to Director of Sustainability. In this role Aaron will be responsible for driving the implementation of Sustana’s ESG initiatives and supporting the development of the group’s sustainability strategy. Aaron holds a bachelor’s degree in electrical engineering from Concordia University and has several accreditations and certifications including Economic Sustainable Project Delivery, Decision Analysis Training and is an Accredited Professional from the Green Building Council of Australia. Aaron has 17 years of experience in Corporate Sustainability target setting, reporting and scenario analysis. Aaron has a wealth of international experience having worked in Japan, Canada, Australia, and the United States.

Average Time to Deliver Across Postal Network Steady at 2.5 Days

FY23 fourth quarter service performance scores covering July 1 through August 11, included: *First-Class Mail: 91.3 percent of First-Class Mail delivered on time against the USPS service standard, a decrease of 1.3 percentage points from the fiscal third quarter. *Marketing Mail: 95.2 percent of Marketing Mail delivered on time against the USPS service standard, consistent with performance from the fiscal third quarter. *Periodicals: 85.6 percent of Periodicals delivered on time against the USPS service standard, a decrease of 3.3 percentage points from the fiscal third quarter.

Ad Industry Urges California Lawmakers To Reject New Data Broker Bill (mediapost.com)

The major ad organizations are urging California lawmakers to reject a bill aimed at enabling residents to easily remove their information from every data broker registered with the state. The California Consumer Privacy Act already allows people to request removal of their information from data brokers, but on a company-by-company basis. The new Delete Act (SB 362), introduced earlier this year by Senator Josh Becker, would require all data brokers in the state to honor an opt-out request made through a single mechanism. “Without data, companies would not be able to deliver critically important products and services consumers benefit from today, sometimes without even being aware of how this data supports their safety and enjoyment of everyday life,” the groups write.

Sylvamo Announces Voluntary Sale and Purchase Program for Small Shareowners

Sylvamo is offering small shareowners a convenient way to own at least 100 shares or sell their holdings. Voluntary sale and purchase programs – often called “odd lot” programs – are periodically offered by public companies to help small shareowners and reduce administrative costs. Shareowners who participate will be assessed a $3.50 processing fee per share purchased or sold, with a maximum fee of $60 per account. Beginning Monday, Aug. 21, 2023, eligible registered shareowners are being informed by mail and will be able to participate through Friday, Sept. 22, 2023, subject to early termination or extension of the program.

Tronox Announces Closing of Incremental Term Loan

Tronox Holdings plc, the world’s leading integrated manufacturer of titanium dioxide pigment, announced the closing of its $350 million incremental term loan under the Company’s existing credit agreement, the proceeds of which are expected to be used to repay outstanding borrowings under the Company’s existing revolving credit facilities and enhance available liquidity for upcoming capital expenditures.

Women of Adventure

Omnichannel Marketing Part 9: A Powerful Human Narrative - Garmin’s Women of Adventure campaign has been a bastion of the company’s sports, fitness and outdoor recreation division since it launched over 5 years ago. Recognizing the growing trend of predominantly male customers in their outdoor segment, Garmin launched an initiative focused on engaging the female community, proving that Garmin GPS and wearable tech can support and enhance their outdoor experiences. They started telling stories. Sharing photographs. Documenting adventures. All while inviting the fearless, persistent, and resilient women who live out their passions daily to engage with them across their platforms. By working with everyone from professional athletes to outdoor hobbyists, Garmin has created a space for women to engage with other women, whether they run, ride, sail, or anything in between. It’s a hook built on invitation, inclusivity, and a shared place to explore wide open spaces… together.

HMH Launches the Center for Model Schools™ to Drive Transformational Change in Districts Across the Country

Learning technology company HMH today announced the establishment of the Center for Model Schools. Building on the legacy and work of the International Center for Leadership in Education, the Center for Model Schools provides K-12 school systems with ongoing leadership support through its namesake Model Schools Conference, leadership cohorts and shoulder-to-shoulder consulting. “Now more than ever, every student must be part of a school community that enables them to thrive in an increasingly complex world,” said Dr. Joshua P. Starr, Managing Partner, the Center for Model Schools. “I am thrilled to introduce the Center for Model Schools as a place where districts can deepen the skills needed to transform insight into action and create environments where all learners succeed. Every child deserves a Model School, and leaders make that happen.”

Threat Report Finds Malvertising Accelerating Due To Weak Ad Market (mediapost.com)

Advertising has long been a vector for nefarious actors ranging from organized crime to a variety of other bad actors, but the proliferation of digital media and especially the programmatic advertising marketplace has given rise to increasing opportunities for purveyors of "malvertising" -- digital ads served to unsuspecting users that spread malware, compromise computer systems and harm consumers, publishers and platforms. And while the magnitude has been difficult to benchmark, much less track, weakening advertising marketplace conditions are projected to accelerate the proliferation of malvertising, according to the first of what is planned to be an ongoing series of "threat assessment" reports published for the ad industry by the Trustworthy Accountability Group (TAG).

Total U.S. Packaging Papers & Specialty Packaging Shipments Essentially Flat in July 2023

The American Forest & Paper Association (AF&PA) released the July 2023 Packaging Papers Monthly report. According to the report, total packaging papers & specialty packaging shipments in July remained essentially flat (+0.4%) compared to July 2022. They were down 3% when compared to the same 7 months of 2022. Shipments of the biggest subgrade in unbleached packaging papers — bag & sack — were 89,400 short tons for the month of July, down 1.1% year-to-date. The bleached packaging papers operating rate was 78.0%, up 5.4 points from July 2022 and down 2.2 points year-to-date.

AAA Daily Fuel Gauge Report for Friday, 8/18/23

August 18, 2023
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National Average Price for Regular Unleaded Current: $3.873; Month Ago: $3.563; Year Ago: $3.931. National Average Price for Diesel Current: $4.347; Month Ago: $3.856; Year Ago: $4.999.

Key Currency Exchange Rates for Friday, 8/18/23

August 18, 2023
Midland Paper Clips
Misc

American Dollar to Canadian Dollar = 0.737437; American Dollar to Chinese Yuan = 0.137407; American Dollar to Euro = 1.086299; American Dollar to Japanese Yen = 0.006878; American Dollar to Mexican Peso = 0.058532.

Madura Tea Switches All Flexible Packaging Materials to Paper from Koehler Paper

Australia’s leading tea producer Madura Tea has taken a significant step toward reducing its own impact on the environment: All packaging materials that were previously based on metalized OPP (oriented polypropylene) have been switched to flexible packaging paper. Together with Gundlach Packaging Group and Koehler Paper, Madura Tea has found the ideal packaging paper for its products in the form of “Koehler NexPlus® Seal Pure MOB 72 gsm,” which has a mineral oil barrier and offers protection against MOSH/MOAH. After several promising tests, the products are now available on the Australian market.

Amazon Working To Reduce Packaging Waste (twosides.info)

Amazon plans to eliminate plastic in its mailer bags as part of an effort to cut down on waste, decarbonize and improve overall sustainability, according to the company’s 2022 sustainability report released this week. It’s also boosting attention to packaging lightweighting and elimination. The company is “phasing out padded bags containing plastics in favor of recyclable alternatives,” the report says. Some of the bags are solely made of plastic while others are a blend of plastic and paper; the mixed materials can present recycling challenges. In the U.S. and Canada last year, the company replaced 99% of padded bags made from a mix of plastic and paper with paper-padded bags that the company says are recyclable.

Walmart Reports Second Quarter Results

Second Quarter Highlights • Consolidated revenue of $161.6 billion, up 5.7%, or 5.4% in constant currency (“cc”)1 • Consolidated gross margin rate up 50bps on lapping elevated markdowns and supply chain costs, partially offset by ongoing mix pressure in grocery and health & wellness • Consolidated operating expenses as a percentage of net sales grew 33bps • Consolidated operating income up $0.5 billion, or 6.7%, adjusted operating income up 8.1%

District Court Approves Negotiated Judgement with Permanent Injunction in Hachette Book Group, et al, v. Internet Archive

The following is a comment from Maria A. Pallante, President and CEO, Association of American Publishers: “We are extremely pleased that the district court has approved the proposed consent judgment. As we have stated before, it is an appropriately serious bookend to a decisive finding that so called “controlled digital lending” is nothing more than copyright infringement.”

Amcor reports fiscal 2023 results

Fiscal 2023 Full Year Highlights • Net sales of $14,694 million, in line with the prior year on a comparable constant currency basis; • GAAP Net Income of $1,048 million; GAAP diluted earnings per share (EPS) of 70.5 cps; • Strong total cash returns to shareholders of $1.2 billion: annual dividend increased to 49.0 cents pershare; $431 million of shares repurchased (approximately 3% of outstanding shares); and • Fiscal 2024 outlook: Adjusted EPS of 67-71 cents per share. Adjusted Free Cash Flow of $850-950million.

Domtar Is Committed to Increased Recycling Rates for Paper, Cardboard

High recycling rates are a priority for Domtar—and for our industry partners. We’ve worked together to boost the rate that paper and packaging are recycled throughout the U.S. And it’s working. The pulp and paper industry continues to achieve a high recycling rate for its products, according to newly released data from the American Forest and Paper Association (AF&PA). In 2022, 93.6% of all cardboard boxes and corrugated containers were recycled, an increase from the previous year’s 91.4%. And the paper recycling rate in 2022 was 67.9%, holding nearly steady compared to 68.1% in 2021. We’re doing our part by using recycled cardboard containers at our newly re-started Kingsport Mill, Domtar’s first 100%-recycled manufacturing facility. It produces containerboard to make cardboard boxes.

Billerud introduces new regional organization for Europe and appoints acting CFO

Billerud is introducing a new organization whereby the company harmonizes and operates its business in two distinct geographical regions - Europe and North America. Billerud further appoints Andrei Krés as acting CFO, effective immediately. Matthew Hirst, previously EVP Commercial, has been appointed President of Billerud Europe and will lead the new European organization consisting of Commercial, Operations and Procurement & Wood Supply functions. Kevin Kuznicki remains President of the North American organization. "I’m pleased that Matthew has taken the position of leading the Europe region, and I’m convinced he will take the region forward on the journey to challenge conventional packaging solutions and create the packaging of tomorrow”, says Ivar Vatne, acting CEO and President of Billerud.

Berry Global Appoints Kevin Kwilinski as Chief Executive Officer

Berry Global Group, Inc. announced that its Board of Directors has unanimously elected Kevin Kwilinski as Chief Executive Officer of Berry, effective October 2, 2023. In connection with this appointment, the Board has elected Stephen Sterrett, Lead Independent Director, as Chairman of the Board, also effective on October 2, 2023. As previously announced in February 2023, Tom Salmon will retire from his roles as CEO and Chairman, and he will remain with the Company through the end of the calendar year in an advisory capacity to ensure a smooth transition. Mr. Kwilinski brings to Berry nearly three decades of experience in the packaging industry and a track record of driving operational excellence, expanding margins and managing complex global operations. He currently serves as President and CEO of Multi-Color Corporation, a global provider of label solutions, where he successfully led and integrated multiple acquisitions, resulting in significant EBITDA and revenue growth while delivering above target commercial and operational synergies.

Paper or Digital Communication: New Two Sides Survey Shows U.S. Consumers Want the Right to Choose

In an attempt to reduce costs, many banks, utilities, insurers and other service providers are switching consumers from paper to electronic bills and statements, often without their consent, and some are now charging fees to receive paper statements. Others are urging their customers to switch from paper to digital communication because it’s “green” or “better for the environment.” But a recent survey commissioned by Two Sides North America and conducted by international research firm Toluna found that consumers want the freedom to choose how they receive important communications from the companies they do business with. The Two Sides survey showed that 81% of U.S. consumers believe they should have the right to choose how they receive important communications from their service providers, on paper or electronically, and 73% believe they should not be charged more for choosing a paper bill or statement. These percentages increased from 2021 by 78% and 67%, respectively. While using the internet can be a quick and convenient way to transact business, companies that default customers to electronic communication put at risk many Americans who do not have broadband access, cannot afford it or have difficulty using the internet.

How is Cardboard Recycled? The cardboard recycling process in 7 key steps

Cardboard is one of the most widely recycled materials in the world. This guide will showcase the seven key steps of how cardboard is recycled, showing the journey of cardboard from waste collection, right through to its new life. Recycling cardboard helps protect the environment and saves valuable resources from landfill. Understanding the recycling process is key to ensuring that cardboard is stored and collected correctly, reducing contamination, and helping to enable a circular economy. Our Recycling, Paper and Packaging divisions at DS Smith work together to achieve this every day. Step 1: Cardboard sorting and storage. Step 2: Managing the quality of cardboard at the recycling facility. Step 3: Transportation to paper mills. Step 4: Processing the cardboard bales to pulp. Step 5: Making the paper. Step 6: Creating the paper reels. Step 7: Creating the cardboard.

Stevens Point Organizations Ignite Literacy Efforts for National Book Lovers Day

Worzalla, an employee-owned book printer, partnered with the Boys & Girls Club of Portage County to help local youth celebrate National Book Lovers Day. Worzalla associates and Boys & Girls Club of Portage County members hosted three group reading sessions across three Stevens Point area locations. “National Book Lovers Day gives people an opportunity to celebrate the impact literature has on education and storytelling across the world,” said Rich Letchinger, Vice President of Sales and Chief Marketing Officer at Worzalla. “Worzalla is committed to encouraging reading among community youth and our group reading sessions were a great way to inspire youth to read while sharing and discussing their favorite books.” Worzalla associates read classic stories out loud to 40-plus youth attendees including, Wisconsin author and illustrator Kevin Henkes’ “Chrysanthemum.” In addition, Worzalla’s big blue book mascot Paige Turner distributed free books and greeted youth before and after the reading sessions.

MIDLAND Postal Update by Matt Jensen

Did you know MIDLAND has been a proud supporter of the American Catalog Mailers Association (ACMA) for well over a decade, as both a member and an active sponsor? With how much of our customers’ catalog budget goes towards paper and postage, we firmly believe it’s the right thing to do. We wanted to provide an update on what the ACMA is currently focusing on and a call to action of how you can choose to help. For those not already familiar with the ACMA, they are a non-profit organization founded in 2007. The ACMA is the only industry association advocating specifically for catalog, online, direct mail, and other remote-selling merchants, as well as their suppliers. In recent years, the ACMA has had successes for the entire industry in postal enhancements, consumer privacy, and remote sales tax. Let’s look at some of the numbers. Our industry has seen five postage rate increases in the past 2.5 years. This is an average compounded increase of 39.6% for catalogs.

News Corp: 50%+ Of Revenue Now Digital, AI To Drive Future Growth (mediapost.com)

News Corp’s fiscal 2023 marked the first year that more than half of its revenue came from digital platforms — marking a “profound transformation” over the last decade, CEO Robert Thomson said in the company’s fiscal Q4 earnings call on Friday. Thomson attributed its current digital momentum to initiatives based in generative AI, which represents “a remarkable opportunity to create a new stream of revenues, while allowing us to reduce costs across the business” through “exponential” efficiencies, he said. A News Corp Australia executive recently revealed that the division has been using generative AI to produce about 3,000 local news items per week, covering topics including weather, traffic and fuel prices.

The New York Times’ Prohibits Scraping Of Its Content For AI Training (mediapost.com)

The New York Times has changed its terms of service to forbid the scraping of its content for use in AI training, reports state. In this update of the terms, the Times prohibits use of “robots, spiders, scripts, service, software or any manual or automatic device, tool, or process designed to data mine or scrape” its content. In general, the Times warns that engaging in a prohibited use of its services may result in “civil, criminal, and/or administrative penalties, fines, or sanctions against the user and those assisting the user.”

Xerox Announces Sale of Elem Additive Solutions to ADDiTEC

Xerox Holdings Corporation announced it has sold Elem Additive Solutions to ADDiTEC, a leader in metal additive manufacturing solutions and applications. The sale to ADDiTEC follows Xerox’s donation of PARC to SRI International and the sale of the Xerox Research Center of Canada to Myant Capital Partners earlier this year, as the company focuses its strategic priorities and investments in innovation on core capabilities and offerings including print, IT and digital services. Since 2019, Xerox has worked to commercialize the Elem Additive technology and bring it to market. The company’s liquid metal 3D printer, ElemX, was developed to be a safer and simpler solution, addressing supply chain resiliency for transportation, aerospace, defense and industrial manufacturing.

Murray Looks for Improvement after a Difficult Fiscal 2023 For HC

For a CEO who saw sales drop 10% and profits fall 45% in the fiscal year ended June 30, 2023, HarperCollins’ Brian Murray sound remarkably calm in an interview with PW looking back over the past 12 months. “It was a challenging year,” Murray acknowledged. “The numbers don’t paint a rosy picture.” But he said he is heartened by the fact he thinks the worst is over. "I'm feeling better about things," he said. For the fiscal year ended in June, revenue dropped to $2.0 billion from $2.19 in fiscal 2022 and EBITDA (earnings before interest, taxes, depreciation, and amortization) fell to $167 million from $306 million a year ago.

USPS Files With PRC to Establish Mail Growth Incentives

The U.S. Postal Service filed notice with the Postal Regulatory Commission (PRC) requesting approval to make certain Mail Classification Schedule (MCS) changes to establish two Mail Growth Incentives - a First-Class Mail Growth Incentive and a Marketing Mail Growth Incentive. If approved, the incentives will run from Jan. 1, 2024 through Dec. 31, 2024. The First-Class Mail and Marketing Mail Growth Incentives are being offered to mail owners to promote volume growth in 2024 and into the future. These two incentives will drive mail owners to increase the volume of First-Class and Marketing mail entering the network while providing them lower overall postage costs on incremental growth — allowing mail owners to maximize total return on investment, by providing additional cost-savings and strengthening the value of mail.

Amcor announces acquisition of scalable flexible packaging plant in high-growth Indian market

Phoenix Flexibles has one plant located in Gujarat, India, and the business generates annual revenue of approximately US$20 million from the sale of flexible packaging for food, home care and personal care applications. Amcor currently has four flexible packaging plants in India. The business has delivered double-digit organic sales growth per annum over the last three years, significantly outpacing growth in the underlying market, and is also investing to double its local footprint in the Pharmaceutical and Medical packaging categories.

Billerud introduces strong coated white top kraftliners to the US market

"Strong liners with excellent printability don’t need to be thick and heavy. With 100% virgin fibers and a multi-layer construction, Billerud´s coated liners are so strong that packaging converters can use a lighter base weight which means better packaging performance and runnability at lower costs. This improves their resource efficiency and reduces their carbon footprint throughout the value chain,” says Rolf Gustafsson, Senior Director Product Management Containerboard at Billerud. The Pure Coated Liner portfolio consists of: Pure Supreme: a double-coated white top kraftliner for litho-laminated packaging, suitable for high quality prints as well as effects like lacquer, foil and embossing. Pure Decor: a light-coated white top kraftliner with a smooth surface suited for high quality pre- and post-print flexo- and digital print applications.

Mondi’s Protector Bag ExpandForm wins the German Packaging Award 2023

Developed in collaboration with Megaflex Schaumstoff, a family-owned manufacturer for flexible foams, mattresses and sleeping products, Protector Bag ExpandForm replaces the current plastic packaging for mattress rollpacking with a flexible and recyclable paper bag solution. The innovative packaging not only helps to reduce plastic waste but also ensures optimal product protection and handling during the transportation and storage of rolled mattresses. Its unique design and superior strength provide secure packaging that retains its shape and protects the mattresses throughout the transport journey. The great partnership between Mondi and Megaflex Schaumstoff ensured a smooth transition, and implementation of the new solution, with only a few adjustments to the packaging machinery. By the end of 2023, Megaflex plans to switch its entire range of mattress rollpacking to paper packaging, which is already used for instance by Bett1 to package its kids’ mattresses.

Big Idea Campaign (jschmid.com)

Why are marketing campaigns so effective? What is the secret behind the good ones that people remember and talk about (REI’s “Opt Outside”)? Quite simply, a BIG IDEA. The best marketing and advertising over the decades have always been driven by a singular great idea (“Got Milk?”). A core idea that ties everything together. An idea that resonates with the audience and makes them think about your product or service in a different way. Remove that big idea and all you’re doing is selling products, just like the other brands. Blah. But when you build your marketing efforts around a campaign, and use that “big idea” consistently across all touchpoints, it’s more likely to get noticed, more likely to be remembered, and more likely to engage people on a human level. In other words, campaigns work.

Postal Service Reports Sustained Service Performance

FY23 fourth quarter service performance scores covering July 1 through August 4, included: *First-Class Mail: 91.4 percent of First-Class Mail delivered on time against the USPS service standard, consistent with performance from the fiscal third quarter. *Marketing Mail: 95.1 percent of Marketing Mail delivered on time against the USPS service standard, consistent with performance from the fiscal third quarter. *Periodicals: 85.7 percent of Periodicals delivered on time against the USPS service standard, a decrease of 2.9 percentage points from the fiscal third quarter.

News Corp Reports Fourth Quarter and Full Year Results for Fiscal 2023

*Fourth quarter revenues were $2.43 billion, compared to $2.67 billion in the prior year, reflecting the absence of the extra week in the prior year and the negative impact from foreign currency fluctuations *Net loss in the quarter was $(32) million, inclusive of $166 million related to higher non-cash write- downs and restructuring charges, compared to net income of $127 million in the prior year, which included a $149 million tax benefit *Fourth quarter Total Segment EBITDA was $341 million, compared to $315 million in the prior year *Digital revenues accounted for over 50% of total revenues for the full year, marking a key inflection point in the transformation of the Company

Media Groups Sign Open Letter On AI Use (mediapost.com)

A group of 10 organizations, including The Associated Press and Gannett, is calling for a legal framework to protect journalism from unregulated AI use. In an open letter titled, “Preserving public trust in media through unified AI regulation and practices,” the signees advocate regulatory and industry action to ensure: *Transparency about the makeup of training sets used to create AI models. *Consent of intellectual property rights holders on copying of their content in training data. *Ability of media companies to collectively negotiate with AI model developers about use of their intellectual property. *Requiring that generative AI models identify AI-generated content. *Mandating that generative AI model providers eliminate bias and misinformation.

Color Ink Invests in Cutting-Edge Technology to Enhance Packaging Capabilities (piworld.com)

Color Ink, an experiential communications company based in Sussex, Wisconsin, is proud to announce its latest investment in advanced printing technology. The company has recently acquired the state-of-the-art Komori GL640/C Advance press, specifically designed for packaging printing, further solidifying its position as an industry leader in high-quality print solutions. The decision to invest in the Komori GL640/C Advance press aligns with Color Ink's commitment to delivering exceptional printing services that meet the evolving needs of its diverse clientele. With this strategic acquisition, Color Ink aims to expand its capabilities and continue providing innovative packaging solutions to its customers across various industries.

AAA Daily Fuel Gauge Report for Friday, 8/11/23

August 11, 2023
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National Average Price for Regular Unleaded Current: $3.841; Month Ago: $3.541; Year Ago: $3.990. National Average Price for Diesel Current: $4.269; Month Ago: $3.843; Year Ago: $5.077.

Key Currency Exchange Rates for Friday, 8/11/23

August 11, 2023
Midland Paper Clips
Misc

American Dollar to Canadian Dollar = 0.743987; American Dollar to Chinese Yuan = 0.138282; American Dollar to Euro = 1.100295; American Dollar to Japanese Yen = 0.006922; American Dollar to Mexican Peso = 0.058799.

Port Hawkesbury Paper Releases Sustainability Report

Port Hawkesbury Paper is committed to sustaining a healthy environment in our forests and facilities. The natural resources entrusted to our company are managed for long-term sustainability and biodiversity while conserving the social and cultural values of the community. In accordance with our new environmental policy, we will meet—and strive to exceed— all applicable regulations, legal obligations, and other requirements to which Port Hawkesbury Paper (PHP) subscribes. This includes setting or complying with the appropriate environmental objectives and targets, creating applicable action plans, reviewing progress, conducting periodic reviews and annual updates, and making adjustments as required.

Lamitech Receives A “Superior” Food Safe AIB Certification 10 Years In A Row

We are proud to announce that our production facility has passed its annual food safety inspection and audit performed by the American Institute of Baking (AIB) International. We received a Superior rating. This certificate of achievement signifies that Lamitech produces clean, safe paperboard products qualified for sanitary use in the food industry. As part of the review process, Lamitech was asked to demonstrate performance in the areas of operational methods and personnel practices, sanitation program and procedures, integrated pest control, overall maintenance and thoroughness of documentation to validate on-going activities. Lamitech’s food safe packaging includes Cake Boards, SBS, Polyguard and Sammyboard fish boards.

Mativ Announces Second Quarter 2023 Results

*Sales increased 56.7% to $668.3 million, reflecting the benefit of the merger; 8% organic sales decline with negative volume/mix offsetting price increases *GAAP loss was $4.5 million, GAAP EPS was $(0.08), which all included merger integration and purchase accounting expenses* On August 1, Company announced the proposed sale of Engineered Papers and capital allocation changes *Approximately $575 million of expected net proceeds to be used to reduce net debt by 35%

YETI Reports Second Quarter 2023 Results

Sales decreased 4% to $402.6 million, compared to $420.0 million during the same period last year. Sales were unfavorably impacted by $24.5 million due to a recall reserve adjustment. Sales and adjusted sales for the second quarter of 2023 include $12.5 million of sales related to gift card redemptions in connection with recall remedies. Our 2023 results have also been materially adversely impacted by the stop sale of the soft coolers included in the recalls initiated during the first quarter of 2023. Gross profit decreased 2% to $214.8 million, or 53.4% of sales, compared to $219.1 million, or 52.2% of sales, in the second quarter of 2022. Gross profit included a $19.4 million, or 150 basis points, unfavorable impact related to the recall reserve adjustment. Operating income decreased 26% to $50.3 million, or 12.5% of sales, compared to $68.3 million, or 16.3% of sales during the prior year quarter, and includes an $8.7 million unfavorable impact primarily from the recall reserve adjustment. Net income, which includes the unfavorable impact from the recall reserve adjustment, decreased 18% to $38.1 million, or 9.5% of sales, compared to $46.3 million, or 11.0% of sales in the prior year quarter.

Mid-Year Review of Congress’ Progress on Pro-Trucking Policies

August 10, 2023
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Congress recently adjourned for its annual August recess following a productive July session that was punctuated by a number of significant wins for our industry. These victories would not have been possible without ATA’s repeated engagements with Capitol Hill. ATA experts are in regular contact with congressional leaders and staff to educate them on the trucking industry and effective policies that can best support fleets and drivers. *Improvements to young driver apprenticeship program advanced. *Base access provision included in NDAA. *House moved bill to overturn California’s destructive mandates. *Resolution opposing NYC congestion pricing breaks partisan gridlock. *ATA presses provision to protect independent contractor model. *ATA renews push to repeal FET.

MM Group results for the first half of 2023

At EUR 2,181.4 million, the consolidated sales of the group were slightly below the previous year's figure (H1 2022: EUR 2,218.5 million). A decrease in the MM Board & Paper division, which was mainly due to volume, was offset by an increase in the MM Packaging division due to acquisitions and prices. The operating result fell by EUR 181.0 million from EUR 285.0 million to EUR 104.0 million. This decline is mainly due to extensive shutdowns at MM Board & Paper due to market and remodeling. The Group's operating margin was therefore 4.8% (H1 2022: 12.8%). The profit for the period fell from EUR 205.8 million to EUR 63.3 million.

Supremex Announces Q2 2023 Results

Second Quarter Financial Highlights and Recent Events • Total revenue increased by 14.6% to $71.7 million, from $62.5 million in the second quarter of 2022. • Envelope segment revenue up 7.3% to $49.3 million, from $45.9 million in the prior year. • Packaging and specialty products segment revenue of $22.4 million, up 34.7% from $16.6 million last year. • Net earnings were $2.1 million, compared to $7.4 million last year. • Acquisition on May 8, 2023 of Graf-Pak Inc. (“Graf-Pak”), a provider of folding carton packaging solutions located in the province of Quebec.

KP Tissue Releases Second Quarter 2023 Financial Results

Kruger Products Q2 2023 Business and Financial Highlights • Revenue was $466.3 million in Q2 2023 compared to $397.5 million in Q2 2022, an increase of $68.8 million or 17.3%. • Adjusted EBITDA1 was $55.0 million in Q2 2023, compared to $11.8 million in Q2 2022, an increase of 365.8%. • Net income was $14.5 million in Q2 2023 compared to a net loss of $35.5 million in Q2 2022, an increase of $50.0 million.

U.S. Paper Industry Tallies High Recycling Rate in 2022

The American Forest & Paper Association (AF&PA) today announced that nearly 68% of paper consumed in the United States (67.9%) was recycled in 2022. The paper recycling rate held approximately steady to the 2021 rate and has remained consistently high. In fact, the paper recycling rate has met or exceeded 63% each year since 2009. In 2022, the recycling rate for old corrugated containers (OCC), also known as cardboard, was 93.6%, an increase over last year's rate. Meanwhile, the 3-year average (2020-2022) for OCC was 91.3%.

U.S. Postal Service Reports Third Quarter Fiscal Year 2023 Results

Total operating revenue was $18.6 billion for the quarter, a decrease of $168 million, or 0.9 percent, compared to the same quarter last year. First-Class Mail revenue increased $221 million, or 4.0 percent, on a volume decline of 678 million pieces, or 5.9 percent, compared to the same quarter last year. Shipping and Packages revenue remained relatively flat while volume declined 41 million pieces, or 2.4 percent, compared to the same quarter last year. Marketing Mail revenue decreased $333 million, or 8.8 percent, on a volume decline of 2.6 billion pieces, or 16.0 percent, compared to the same quarter last year. The Marketing Mail decreases were driven by the continued decline in advertising spending due to economic pressures experienced throughout most of the fiscal year, a higher inflationary environment affecting print media production costs, and lower political and election mail revenue and volume, compared to the same quarter last year, due to the timing of elections. Total operating expenses were $20.5 billion for the quarter, an increase of $1.8 billion, or 9.6 percent, compared to the same quarter last year. On a non-GAAP basis, adjusted operating expenses increased by $382 million, or 2.0 percent, compared to the same quarter last year.

Adobe Digital Price Index: Online Prices Fall For Eleventh Consecutive Month, Dropping 1.6% In July

Adobe announced the latest online inflation data from the Adobe Digital Price Index (DPI), powered by Adobe Analytics. Online prices in July 2023 fell 1.6% year-over-year (YoY), marking the eleventh consecutive month of YoY price decreases, with the majority of categories (11 of 18) tracked by Adobe seeing falling prices on an annual basis. On a month-over-month (MoM) basis, online prices fell 0.9% in July. July’s YoY price decline was driven by notable drops in categories such as appliances, which fell 8% YoY (down 0.3% MoM), as well as furniture/bedding which fell 3.5% YoY (down 0.7% MoM). Steeper YoY declines were observed in electronics, which fell 11.7% YoY (down 0.7% MoM) as well as computers, which fell 15.4% YoY (down 1.5% MoM).

Dotdash Meredith Sees Lower Q2 Revenue-And Reduced Loss (mediapost.com)

Dotdash Meredith posted a 15% decline in Q2 2023 revenue YoY to $414 million. But a $17.8 million operating loss reflected a 35% improvement over the prior year. Digital revenue fell by 10% YoY to $212 million. Print declined by 21% to $206.8 million, driven by a circulation falloffs for some publications. “Stability in traffic helped, as did passing the toughest of last year’s advertising comparables,” says Joey Levin, CEO of parent IAC. Levin continues, “While we can’t count on any aggregate recovery in the ad market, we do expect Dotdash Meredith to benefit from D/Cipher adoption, Performance Marketing strength, and more ad performance optimization on the former Meredith sites.”

Sonoco Grows Sustainable Packaging Offerings with Two New EnviroFlex® Paper Pre-qualifications for How2Recycle® Labeling

Sonoco has added two new cold seal structures to the growing family of EnviroFlex® Paper products receiving How2Recycle® Widely recyclable pre-qualification. EnviroFlex Paper Ultimate (ULT) 1.0 CS and Advanced (ADV) 4.0 CS are the first of their kind to bring cold seal properties to curbside recyclable paper packaging. This results from Sonoco’s ongoing efforts to develop and provide a range of innovative and sustainable packaging solutions to meet the challenging needs of consumer-packaged goods companies in today’s competitive market. The ULT line of paper-based packaging has high oxygen, moisture, and grease barrier, ideal for moisture sensitive applications like pet treats and products containing nuts. The ADV line provides optimal performance for medium level oxygen and moisture barrier applications, like confections and powdered products.

Tredegar Reports Second Quarter 2023 Results

Second quarter 2023 net income (loss) was $(18.9) million compared to net income (loss) of $14.9 million in the second quarter of 2022. Net income (loss) from ongoing operations, which excludes special items, was $(2.0) million in the second quarter of 2023 compared with $17.2 million in the second quarter of 2022.

Sylvamo Quarterly Results Meet Guidance

*Net income from continuing operations of $49 million ($1.14 per diluted share) vs. $97 million ($2.25 per diluted share) *Adjusted operating earnings1 (non-GAAP) of $49 million ($1.14 per diluted share) vs. $108 million ($2.51 per diluted share) *Adjusted EBITDA2 (non-GAAP) of $124 million (13.5% margin) vs. $208 million (22.1% margin) *Cash provided by operating activities from continuing operations of $77 million vs. $63 million

Mativ Announces Two Executive Appointments

Mativ Holdings, Inc. announced two appointments to its executive leadership team. Mark W. Johnson will succeed Ricardo Nuñez as chief legal officer, general counsel and secretary for the ~$3 billion specialty materials company. Johnson will assume the leadership of the company’s legal team on September 1, 2023, from Nuñez, who will be departing the company the same day. Additionally, Rajeev Kapur has been named Mativ’s new chief information officer, effective immediately. Both Kapur and Johnson will report directly to Mativ chief executive officer Julie Schertell.

Berry Announces Third Quarter 2023 Results

*GAAP: Net sales of $3.2 billion; Operating income of $267 million; Earnings per share of $1.18 *Non-GAAP: Operating EBITDA of $522 million; Adjusted earnings per share of $1.90 *Returned $115 million to shareholders in the quarter ($83 million via share repurchases and $32 million in dividends)

Taylor Corp. Acquires Promo Products Firm DMR Creative Marketing (piworld.com)

Taylor Corporation has reached an agreement to acquire the assets of DMR Creative Marketing of Deerfield Beach, Fla. DMR provides branded apparel and gift items to cruise lines, resorts, gift shops and related markets for uniform programs and the souvenir channel. The acquisition advances the capabilities and distribution channels of Taylor’s Promotional Products business unit. “DMR Creative Marketing‘s capabilities and channels are an ideal fit for Taylor Promotional Products,” says Susan Drenning, Group President of Taylor Direct & Digital Marketing. “The addition of DMR’s design talent and sophisticated screen print and embroidery technology expands our scope in the industry. We have big plans for apparel, souvenirs and other promotional products and I can’t wait to see what we can accomplish together.”

UPS Releases 2Q 2023 Earnings

UPS announced second-quarter 2023 consolidated revenues of $22.1 billion, a 10.9% decrease from the second quarter of 2022. Consolidated operating profit was $2.8 billion, down 21.4% compared to the second quarter of 2022, and down 18.4% on an adjusted basis. Diluted earnings per share were $2.42 for the quarter; adjusted diluted earnings per share of $2.54 were 22.8% below the same period in 2022. For the second quarter of 2023, GAAP results included after-tax transformation and other charges of $106 million, or $0.12 per diluted share.

The New York Times Company Reports Second-Quarter 2023 Results

The New York Times Company announced second quarter 2023 diluted earnings per share of $.28 compared with $.37 in the same period of 2022. Operating profit increased to $55.8 million in the second quarter of 2023 from $51.7 million in the same period of 2022, and adjusted operating profit (defined below) increased to $92.2 million from $76.2 million. In each case, the increase was due to higher digital subscription and other revenues, partially offset by higher operating costs.

KKR Wins S&S for $1.62 Billion (publishersweekly.com)

In a move that some in the industry will welcome as putting at least a temporary stop to industry consolidation, the private investment firm KKR has reached an agreement with Paramount Global to acquire Simon & Schuster for $1.62 billion in an all cash transaction. Though below the $2.175 billion that Penguin Random House had previously agreed to pay for the country’s third largest trade publisher, $1.62 billion is a healthy price since most trade publishers sell for not much better than 1.5 times sales, and S&S’s 2022 revenue was $1.18 billion.

SEE Reports Q2 2023 Results

Net sales of $1.38 billion, down 3% as reported; down 1% constant currency Net earnings of $94 million, down 18% Earnings per share (Diluted) of $0.65, down 16% Cash flow from operations (year to date) use of $7 million Cash flow from operations includes the impact of the $175 million tax deposit

Antti Koulumies to lead UPM Forest and UPM Timber and Sauli Brander to lead UPM Global Forest Affairs

Antti Koulumies, M.Sc. (Eng.), has been appointed Senior Vice President, Timber and Forest. Koulumies will take the leadership of UPM Forest and continue to lead UPM Timber. The current leader of UPM Forest Sauli Brander, B.Sc. (Eng.), eMBA, has been appointed Vice President, UPM Global Forest Affairs. He will focus on global forest advocacy as well as global forestry themes, such as climate-positive forestry and biodiversity. Both appointments will take effect on 1 September 2023. Koulumies and Brander will continue to report to Bernd Eikens, Executive Vice President, UPM Fibres, and they will also continue as members of UPM Fibres business area management team.

MyCordenons and CTI Paper USA Announce New Long-Term North American Distribution Agreement

myCordenons, a leading Italian manufacturer of luxury specialty papers, today announced a new long-term distribution agreement with CTI Paper USA, one of North America’s largest suppliers of premium papers and envelopes. Under the new agreement, CTI Paper USA is the exclusive distributor of myCordenons’ full range of branded specialty papers across the United States and Canada. The company stocks, services and distributes a wide array of myCordenons’ FSC-certified uncoated text and cover brands, including Stardream, Plike, So…Silk, Wild, and Natural Evolution.

PRINTING United Alliance and Franchise Services Inc. Announce Partnership (piworld.com)

PRINTING United Alliance, the most comprehensive member-based printing and graphic arts association in North America, and Franchise Services, Inc., a leading franchise management company that owns Sir Speedy, PIP, and Signal Graphics, among other leading brands; announce that Franchise Services, Inc. has joined the Alliance, a historic first for all members of a printing franchise to join the association. With this move, nearly 200 franchise locations across the United States under its umbrella will gain immediate access to the Alliance’s premier member resources, programs, and services. The partnership was officially signed at the Sir Speedy, PIP and Signal Graphics annual convention, held in Kansas City, Mo. July 12-15. Franchise Services, Inc. joins the Alliance in the midst of celebrating significant growth and success. The company recently announced that a combined comparative sales growth for the company’s print management group increased 20% last year, mostly in the signage sector, but with other products and services contributing to the strong performance which include direct mail, mailing services, marketing brochures, labels, and promotional products.

ANDRITZ to optimize fiberline at Stora Enso’s Enocell mill for more flexible and sustainable production

International technology group ANDRITZ has received an order from Stora Enso to optimize the fiberline at the Enocell pulp mill in Uimaharju, Finland. This will help the customer meet the growing demand for non-bleached renewable packaging materials while at the same time reducing its ecological footprint. The Enocell pulp mill in eastern Finland is part of Stora Enso’s Biomaterials division. It produces softwood and hardwood pulp with an annual production capacity of 630,000 tonnes. The site was founded in 1967 and also includes a sawmill.

Service Performance Remains Stable Across All Mail Categories

FY23 third quarter service performance scores covering July 1 through July 28, included: *First-Class Mail: 91.4 percent of First-Class Mail delivered on time against the USPS service standard, consistent with performance from the fiscal third quarter. *Marketing Mail: 95.0 percent of Marketing Mail delivered on time against the USPS service standard, consistent with performance from the fiscal third quarter. *Periodicals: 85.9 percent of Periodicals delivered on time against the USPS service standard, a decrease of 2.6 percentage points from the fiscal third quarter.

L&D Activities Led by AI? No Thanks, Say Workers in New Wiley Survey

Workers express little interest in seeing learning and development (L&D) activities taken over by artificial intelligence (AI), according to new survey data from Wiley. Nearly six in ten respondents (59%) in the latest Wiley Workplace Intelligence report, Artificial Intelligence in Learning and Development: Five Surprising Facts You Need to Know, say they prefer to see an instructor—in-person or virtual—direct their workforce development learning, while only 7% prefer AI-directed learning. In addition, the vast majority (87%) of respondents say they want the L&D content to be developed by a subject matter expert as opposed to AI technology (12%). “When it comes to learning and development, employees crave a human connection,” said Dr. Mark Scullard, senior director of product innovation at Wiley. “They want a person to create and lead their instruction, even if it’s in an online setting.”

Amazon.com Announces Second Quarter Results

*Net sales increased 11% to $134.4 billion in the second quarter, compared with $121.2 billion in second quarter 2022. Excluding the $0.3 billion unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 11% compared with second quarter 2022. *Operating income increased to $7.7 billion in the second quarter, compared with $3.3 billion in second quarter 2022. *Net income was $6.7 billion in the second quarter, or $0.65 per diluted share, compared with a net loss of $2.0 billion, or $0.20 per diluted share, in second quarter 2022. *Operating cash flow increased 74% to $61.8 billion for the trailing twelve months, compared with $35.6 billion for the trailing twelve months ended June 30, 2022.

Nonprofit Group Closes On Purchase Of Maine Newspapers (mediapost.com)

The National Trust for Local News has concluded its deal to purchase 22 Maine newspapers, including five dailies and 17 weeklies. The nonprofit group purchased the papers, including The Portland Press Herald and The Sun Journal of Lewiston, from Masthead Maine. Masthead Media will be rebranded as Maine Trust for Local News, according to The Bangor Daily News, which says it is the only independently owned daily left in Maine.

Amcor Wins Two AmeriStar Awards

Amcor, a global leader in developing and producing responsible packaging solutions, announced that it has earned two AmeriStar awards from the Institute of Packaging Professionals (IoPP) for its McCoy™ dunnage free IBC liners for bulk liquid aseptic products, and Perflex® S grab-n-go shrink bags for meat and poultry. McCoy™ Dunnage Free IBC Liners for Bulk Liquid Aseptic Products Reduces Costs Up to 40% - The 330-gallon McCoy™ dunnage free bulk container liner reduces waste and cost, while enhancing sustainability. The combination of co-polymer blends and decreased materials per ply makes the package less susceptible to pinhole leaks and flex-cracking during transit. Perflex® S Grab-n-go Shrink Bags for Meat and Poultry - Amcor uses an inventive handle design in a shrink bag header to create a one-piece shrink bag that makes it easy to lift and carry slick, heavy, fresh or frozen meat and poultry up to 22 pounds. New Perflex® S shrink bags with integrated grab-n-go handles eliminate the need to use plastic netting with a clipped loop, which previously was the only option to provide a handle to carry heavy products such as turkeys.

Crown Expands Beverage Can Footprint Into Germany With Acquisition of Helvetia Packaging

Crown Holdings, Inc. announced the acquisition of Helvetia Packaging AG, a beverage can and end manufacturing facility in Saarlouis, Germany. The acquisition of the Saarlouis facility will expand Crown's European beverage can platform to Germany with approximately one billion units of annual can capacity. At closing, and as part of the agreement, Crown will assume the existing Helvetia customer base and accompanying contracts. The unmatched sustainability benefits and infinite recyclability of aluminum has led to an increasing preference for beverage cans to serve both the alcoholic and non-alcoholic drinks segments.

Sustainable forest certification gives consumers confidence

Sustainable forest certification on paper and packaging is a reassuring sign for earth-conscious consumers. This certification means the manufacturing process won’t threaten the long-term health of forests. Wood is one of our greatest renewable resources, so it’s important that creating pulp and paper doesn’t contribute to widespread deforestation in North America. Fortunately, net forest area in the U.S. has increased over the past three decades, and remained stable in Canada. Sustainable forest certification is an important tool for ensuring responsible harvesting and manufacturing. That’s why we were early supporters of using third-party certification that ensures wood is responsibly sourced. Supply chain transparency offered by certification has existed for nearly 30 years — far longer than similar standards for other commodities.

UPM receives platinum in the EcoVadis responsibility assessment with a high industry score

EcoVadis has recognised UPM with a platinum score based on the company’s sustainability performance in the following four categories: Environment, Labour and human rights, Ethics and Sustainable procurement. Only one per cent of the 100,000 global companies assessed received platinum. UPM’s score 87/100 was one of the highest in the Manufacture of Pulp, Paper and Paperboard industry. “Compared to last year, our carbon score improved most,” says Sami Lundgren, Vice President, Responsibility, UPM. “We are extremely proud that our climate change related management and strong decarbonisation ambition with approved Science Based Targets were recognised with the highest possible Leader status. UPM’s top rating recognises the work we have done to promote sustainability in the whole value chain and embraces our work towards the future beyond fossils.”

AAA Daily Fuel Gauge Report for Friday, 8/04/23

August 4, 2023
Midland Paper Clips
Misc

National Average Price for Regular Unleaded Current: $3.831; Month Ago: $3.529; Year Ago: $4.139. National Average Price for Diesel Current: $4.152; Month Ago: $3.843; Year Ago: $5.215.

Key Currency Exchange Rates for Friday, 8/04/23

August 4, 2023
Midland Paper Clips
Misc

American Dollar to Canadian Dollar = 0.747505; American Dollar to Chinese Yuan = 0.139160; American Dollar to Euro = 1.093975; American Dollar to Japanese Yen = 0.007007; American Dollar to Mexican Peso = 0.057722.

The Power of Disrupt, Delight, and Drive (jschmid.com)

Want to make a huge difference in response across all your channels? In this fast-paced digital era, capturing and retaining customer attention requires a thoughtful and strategic approach. But sometimes, we create complicated marketing programs without a true understanding of the consumer or what we ultimately want them to do. The formula for great marketing is quite simple. We must DISRUPT their busy lives, we must DELIGHT with content that emotionally resonates and most importantly, we must DRIVE them to do something. Disrupt: Breaking Through the Noise - In today’s oversaturated marketplace, capturing customer attention is an ongoing challenge. Delight: Creating Content that Emotionally Connects - What is it you are truly selling? It’s not about the product and it’s not always about the discount. Drive: Creating Immediate Action - While disruption and delight are essential, your goal in the omnichannel world is to drive customers to act.

Costco Wholesale Corporation Reports July Sales Results

Costco Wholesale Corporation reported net sales of $17.60 billion for the retail month of July, the four weeks ended July 30, 2023, an increase of 4.5 percent from $16.85 billion last year. For the forty-eight weeks ended July 30, 2023, the Company reported net sales of $214.53 billion, an increase of 4.6 percent from $205.19 billion during the similar period last year.

Gannett Announces Second Quarter 2023 Results

Second Quarter 2023 Highlights: • Total revenues of $672.4 million decreased 10.2% compared to the second quarter of 2022 ◦ Same store revenues(1) decreased 8.6% compared to the second quarter of 2022, reflecting a sequential improvement of 70 basis points compared to the first quarter of 2023 • Total digital revenues were $262.1 million, or 39.0% of total revenues, up 0.8% over the same period in the prior year on a same store(1) basis • Net loss attributable to Gannett of $12.7 million improved by $41.0 million versus the net loss attributable to Gannett of $53.7 million in the second quarter of 2022 • Cash provided by operating activities of $46.1 million • Free cash flow(1) of $38.4 million, an increase of 188.8% compared to second quarter of 2022

Pactiv Evergreen Reports Second Quarter 2023 Financial Results

Second Quarter 2023 Financial Highlights: *Net Revenues of $1,426 million for the second quarter of 2023 were down 13% compared to $1,640 million in the second quarter of 2022 and approximately flat compared to $1,431 million in the first quarter of 2023. *Net Loss of $139 million for the second quarter of 2023 compared to $74 million of net income in the second quarter of 2022 and a net loss of $133 million in the first quarter of 2023.

Haremar is fighting to fill the talent pipeline (canadianplastics.com)

Faced with a labour shortage, this Vaughan, Ont.-based blown film coextruder is using a mix of hiring and retention strategies to staff up. A boxer on the receiving end of a few one-two combos – a jab and the straight right hand – can have his lights turned out pretty quickly. For manufacturers, the one-two combo of a shortage of both skilled workers (which predated the COVID-19 pandemic) and unskilled workers (triggered by the pandemic and continuing to this day) can put a business out of business, literally turning out the lights for good. The ongoing workforce crisis is the most pressing challenge facing manufacturers today, and plastics processing – which is technologically-driven but also labour-centric – can be particularly vulnerable.

Seven Strategies to Navigate USPS Regulations for Effective Self-Mailers (piworld.com)

As you know from our post on postcards, there are many times that a design element causes a mailing to go at a higher rate of postage. This can be frustrating as well as expensive. In order to help you stay away from potential issues here are some things to keep in mind as you are preparing a direct mail campaign. Now let’s look at Self-Mailers: 1. Self-Mailer size is 5 x 5 to 6 x 10.5, anything larger is not mailable in this category. 2. Paper stock must be a minimum of 70lb, as long as the weight is under an ounce. 3. Keep your aspect ratio between 1.3 and 2.5. 4. There are two options for addressing a self-mailer. Barcode in the address block: 4 x 2 clear area, no varnish, UV coating, text, or images for the address block. 5. There are two kinds of folds horizontal and vertical: For horizontal folds: the final fold is below the mail panel. 6. Tabbing or fugitive glue closures are required: If tabbing: up to 1 ounce mailer needs two 1 inch tabs, mailers over 1 ounce need two 1.5 inch tabs and if you are using perforations or inserts it needs two 2 inch tabs. 7. Poly bag/envelope: If you use a poly bag or envelope your mail will have to go at flat postage rates.

Suzano Reports Q2-2023 Results

HIGHLIGHTS • Pulp sales of 2,513 thousand tons (-6% vs. 2Q22). • Paper sales1 of 294 thousand tons (-9% vs. 2Q22). • Adjusted EBITDA2 and Operating cash generation3 : R$3.9 billion and R$2.2 billion, respectively. • Adjusted EBITDA2/ ton from pulp of R$1,269/ton (-40% vs. 2Q22). • Adjusted EBITDA2/ton from paper of R$2,481/ton (+14% vs. 2Q22). • Average net pulp price in export market: US$562/ton (-23% vs. 2Q22). • Average net paper price1 of R$7,002/ton (+13% vs. 2Q22). • Pulp cash cost ex-downtime of R$918/ton (+7% vs. 2Q22). • Leverage of 2.2 times in USD and 2.0 times in BRL. • Cerrado Project completes 70% of physical progress and 57% of financial progress. Forecast for the start of operations to occur by June 2024.

Mondi half year results 2023

Highlights • Strong delivery from continuing operations against the backdrop of challenging market conditions ◦ Underlying EBITDA of €680 million, down 28% (H1 2022: €942 million) ◦ Basic underlying earnings per share (EPS) of 67.0 euro cents, down 32% (H1 2022: 98.7 euro cents) ◦ Improved cash generated from operations of €554 million (H1 2022: €519 million) ◦ Robust balance sheet at 0.8 times net debt to underlying EBITDA (31 December 2022: 0.5 times) ◦ Return on capital employed (ROCE) of 19.1% (31 December 2022: 23.7%) • Delivering value accretive growth, sustainably ◦ €1.2 billion of expansionary projects on track and on budget ◦ Announced acquisition of Hinton Pulp mill (Canada) • Sale process of Syktyvkar mill ongoing within an evolving political and regulatory environment

Sappi Limited – Q3 FY23 financial results

The group faced persistent challenges in the global economy and encountered ongoing weakness in paper and pulp markets, leading to a reduction in EBITDA to US$106 million for the quarter ended June 2023. Specifically, the paper businesses experienced a significant downstream destocking cycle. Customers reduced their inventories in anticipation of lower prices, thereby affecting demand. In response, we proactively curtailed excess production in Europe and North America, implemented various cost-saving initiatives across our operations, and applied measures to optimise working capital. The profitability of the South African business was more stable, bolstered by the dissolving pulp business. Despite the challenging economic environment, we generated cash in the quarter and liquidity in the group remained strong.

WestRock Reports Fiscal 2023 Third Quarter Results

Third Quarter Highlights and other notable items: *Net sales of $5.121 billion *Net income of $202 million, Adjusted Net Income of $229 million *Earned $0.79 per diluted share (“EPS”) and $0.89 of Adjusted EPS *Consolidated Adjusted EBITDA of $802 million; Corrugated Packaging segment Adjusted EBITDA increased 11.6% year-over-year *Results negatively impacted by $89 million due to economic downtime and a $39 million increase in non-cash pension costs year-over-year; WestRock’s U.S. qualified and non-qualified pension plans remain overfunded

Deluxe Reports Second Quarter 2023 Results

*Reported revenue increased 1.5%, and comparable adjusted revenue increased 2.6% *Second quarter GAAP diluted EPS was $0.37 and adjusted diluted EPS was $0.93 *Net income was $16.4 million, down from $22.1 million in the prior year

Times Media Group Acquires Picket Fence Media (mediapost.com)

Times Media Group, which owns 35 publications throughout Arizona and Southern California, has acquired Picket Fence Media, publisher of San Clemente Times and other Southern California titles. The terms were not disclosed. Times Media Group will continue operating the Picket Fence Media publications from that firm’s address in Capistrano Beach.

FSC Ukraine continues to stand strong amidst challenges of the war

“Our guiding principle was that we should find opportunities to act, rather than using the war as a reason to do nothing,” said Pavlo Kravets, Director of FSC Ukraine, “with the number one priority to keep people safe.” That included finding safer places to work, adapting to hybrid working at home and in the field, sourcing electricity at times and co-working spaces that could offer internet access. Oksana Pavlishchuk, forest management certification manager, says they quickly turned fear and worry into resilience and endurance. “The new reality of the war required different organization of work processes and everyday issues, combining offline and online work,” she explained. As soon as Russia invaded Ukraine, FSC agreed to adapt its framework to allow certification in Ukraine to continue in areas not affected by the war, allowing the country to continue to benefit from its standards.

New product line features easy-to-remove, printable scored liner

Mactac® Graphics & Signage Solutions announces the launch of Printvinyl Scored™, the first of its kind for the wide-format graphics industry. The new product line includes two pressure-sensitive adhesive (PSA) products with a scored liner for screen and wide-format printers. Mactac Printvinyl™ film is recognized for its proven quality and consistent printability. The new precision-scored liner, with a 1.25" spacing, guarantees a seamless and hassle-free removal process. Products are printable on both the film face and liner, expanding promotional messaging capabilities with an easy-to-remove scored liner that simplifies the application experience. PVS528UR features an ultra-removable acrylic adhesive with a 3.2 mil matte white polymeric vinyl film and 78# bleached kraft liner back scored liner at 1.25” apart. PVS528P has a permanent acrylic adhesive with a 3.2 mil matte white polymeric vinyl film and 78# bleached kraft liner back scored liner at 1.25” apart.

SKG First Half 2023 Results

Key Points: *Revenue of €5.8 billion *EBITDA of €1.1 billion and an EBITDA margin of 19.1% *Return on capital employed of 19.0% *Free Cash Flow of €119 million

Sheridan Pennsylvania Installs a Second Komori Lithrone GX840P+C Eight-Unit Perfecting Press

Nearly two years after Sheridan Pennsylvania installed its first Komori Lithrone GX840P Eight-Unit Perfecting Press (the first of that model to be installed in the world), the facility has added another. The second press is virtually identical to the last (absent an extended delivery and coater), featuring LED curing, automated make-ready features, Artificial Intelligence software, and advanced ink management software integration. It is also equipped with the Print Quality Assessment System (PQA-S V5) option, which consists of high-speed cameras for inline quality monitoring. This provides enhanced registration and color control – constantly monitoring product quality for typical print variations or issues. Having two powerful, intelligent presses at the Pennsylvania facility dramatically improves quality, performance, and capacity. Their highly automated efficiency contributes to Sheridan’s commitment to sustainability by significantly reducing waste and electrical consumption.

Flint Group removes mineral oil from Sheetfed Process Inks to support sustainability in Offset printing

Global print consumables manufacturer Flint Group has solidified its reputation as the sustainable ink supplier of choice after announcing that all its Sheetfed process ink series are now mineral oil free. The full range of Flint Group’s K+E process series is now exclusively made from more sustainable formulations, under plans to increase the use of environmentally friendly raw materials and make packaging easier to recycle. From July, mineral oil will also be phased out as a raw material during Flint Group’s Sheetfed bulk manufacturing processes, meaning Flint Group will eliminate the substance across its operations. The announcement follows an internal review by Flint Group after the company acknowledged that mineral oil use does not contribute to a sustainable future.

Quad Reports Second Quarter and Year-to-Date 2023 Results

Recent Highlights • Reported Net Sales of $703 million and Net Loss of $6 million in the second quarter of 2023, or $0.12 diluted loss per share. • Increased Net Cash Provided by Operating Activities by $24 million for the six months ended June 30, 2023, compared to the same period in 2022. • Increased Free Cash Flow by $12 million for the six months ended June 30, 2023, compared to the same period in 2022, including $34 million of Free Cash Flow generation in the second quarter of 2023. • Reduced Net Debt by $80 million over last 12 months to end the second quarter with a Debt Leverage Ratio of 2.34x, which is within the company’s long-term targeted leverage range of 2.0x – 2.5x.

Clearwater Paper Reports Second Quarter 2023 Results

For the second quarter of 2023, Clearwater Paper reported net sales of $525 million compared to net sales of $526 million for the second quarter of 2022. Net income for the second quarter of 2023 was $30 million compared to net income for the second quarter of 2022 of $15 million. For the first six months of 2023, Clearwater Paper reported net sales of $1.1 billion, a 3% increase compared to net sales of $1.0 billion for the first six months of 2022. Net income for the first six months of 2023 was $54 million compared to net income for the first six months of 2022 of $31 million.

Klabin registers R＄ 1.344 billion Adjusted Ebitda in the second quarter of 2023

The largest producer and exporter of packaging paper and sustainable paper packaging solutions in Brazil, Klabin recorded Adjusted EBITDA (Earnings before Interest, Taxes, Fees, Depreciation and Amortization) of R＄ 1,344 billion in the second quarter of 2023, a decrease of 27% compared to the same period of the previous year, excluding one-off effects. In the second quarter of 2023, the company achieved net income of R＄4.293 billion. It is worth highlighting the corrugated cardboard segment, whose revenue grew 5% in the second quarter of 2023 in the annual comparison. The positive result reinforces the benefits of Klabin's integrated business model. The ROIC (return on invested capital) reached 17.4% in the last 12 months, proving the Company's ability to generate value for shareholders even in challenging economic scenarios.

Resolute Completes Sale of Thunder Bay Pulp and Paper Mill

Resolute Forest Products Inc., a subsidiary of Domtar Corporation and a part of the Paper Excellence Group, today announced that, on August 1, 2023, it completed the previously disclosed sale of the Thunder Bay (Ontario) pulp and paper mill to an affiliate of Atlas Holdings, pursuant to the terms of the asset purchase agreement dated May 26, 2023. Resolute will continue to operate its sawmills and woodlands operations in Northwestern Ontario. With the closing of the transaction, the parties have entered into certain ancillary agreements, including a long-term woodchip and biomass supply agreement pursuant to which Resolute will continue to provide chips and biomass to the Thunder Bay mill.

Sustana combining with Hanna Paper, a leading high-grade paper recovery company in North America

Sustana, the sustainable fiber and paper industry leader, announced today that it has completed a transaction with Hanna Paper, one of the largest high-grade paper recycling companies in North America. Headquartered in Toronto, Canada, Hanna processes 300,000 tons of paper annually through its eight recovery facilities across North America. The company employs approximately 200 employees and services over 1,000 customers. “Today marks an exciting milestone for Sustana and the long-term stability of our supply chain,” said Fabian de Armas, CEO of Sustana. “We are steadfast in our commitment to sustainability, and we are thrilled to welcome Hanna, a long-time leader in our industry, to the Sustana family. We look forward to growing together with Hanna and its team as we continue to deliver on our vision of a circular economy.”

Mativ Announces Proposed Sale of Engineered Papers Business for $620 Million

Mativ Holdings, Inc. announced that it has received a binding offer from Evergreen Hill Enterprise, Pte. Ltd., to acquire Mativ’s Engineered Papers business, part of Mativ’s Fiber Based Solutions reporting segment, for $620 million. Subject to customary closing date adjustments, Mativ expects to receive net proceeds (net of taxes and other items) of approximately $575 million in the proposed transaction, which would be primarily used for debt paydown. Julie Schertell, CEO of Mativ, commented, “The proposed sale of Engineered Papers is a key milestone in the transformation of Mativ and aligns with our strategy to focus our efforts, accelerate growth, and drive value for our shareholders. This pivotal action positions our portfolio for faster growth and focuses our resources on categories with the most promising revenue and margin expansion opportunities. While a solid business, EP’s concentration in the tobacco industry is not aligned with Mativ’s long-term ambition and presents a more attractive value proposition under new strategic ownership. Our talented and dedicated employees will continue to deliver outstanding products and service to EP’s long-standing customer base, and we are confident in a smooth transition.”

Graphic Packaging Holding Company Reports Second Quarter 2023 Financial Results

Highlights: *Net Sales were $2,392 million, an increase of 1% versus the prior year quarter. *Net Income was $150 million, an increase of 127% versus the prior year quarter. *Earnings per Diluted Share were $0.49, an increase of 133% versus the prior year quarter. *Announcing definitive agreement to acquire Bell Incorporated, a well-capitalized U.S. packaging provider. *Board of Directors approved $500 million increase to share repurchase authorization.

UPM Biochemicals acquires SunCoal Industries

UPM Biochemicals has acquired SunCoal Industries GmbH, a German-based company that developed a unique technology portfolio to produce performance products from renewable raw materials. With this acquisition SunCoal Industries’ technology will be integrated into the production of UPM’s BioMotionTM Renewable Functional Fillers (RFF), one of the products to be produced at UPM Biochemical’s first-of-its kind biorefinery in Leuna and strengthen the overall technology portfolio of UPM’s biorefining businesses. The ownership of SunCoal Industries and its team specializing in lignin valorization enables UPM to strengthen the role as a leading supplier of sustainable, renewable functional fillers to the rubber and plastic markets by further developing the technology inhouse. SunCoal Industries’ experts will bring additional capabilities to further develop the RFF production technology and processes and support UPM’s ambitious growth plans in the biorefining space.

Marketers Upbeat About 2024, But Still Worry About Inflation (mediapost.com)

Marketers and PR people are in a wary mood, judging by a new study from CommsCo PR. Of those polled, 55% are more stressed than they were this time last year, and 63% now say they are expected to do more with less. But they are pushing ahead — 58% are increasing their budgets, versus 26% who are reducing them. Another 16% are keeping their budgets the same. Meanwhile, 45% believe AI will drive more investment in marketing, while 34% believe it will lead to reductions. In addition, 65% say AI will drive a wave of productivity. Only 13% are nervous about AI.

E-Commerce Giant Amazon Working To Reduce Packaging Waste

Amazon plans to eliminate plastic in its mailer bags as part of an effort to cut down on waste, decarbonize and improve overall sustainability, according to the company’s 2022 sustainability report released this week. It’s also boosting attention to packaging lightweighting and elimination. The company is “phasing out padded bags containing plastics in favor of recyclable alternatives,” the report says. Some of the bags are solely made of plastic while others are a blend of plastic and paper; the mixed materials can present recycling challenges. In the U.S. and Canada last year, the company replaced 99% of padded bags made from a mix of plastic and paper with paper-padded bags that the company says are recyclable. Upon announcing the production of its 1 billionth EarthKraft recyclable paper padded mailer last month, Georgia-Pacific noted that Amazon provided feedback in 2020 that consumers are demanding sustainable alternatives to plastic mailers. Walmart is also among the companies switching from plastic to paper mailers for e-commerce.

Hood Container Acquires Sustainable Printing LLC

Hood Container Corporation announced today that it has acquired the corrugated packaging business of Dalton, GA based Sustainable Printing LLC. The transaction includes all printing, converting, and ancillary equipment located in Dalton, GA. Hood will continue operating these assets in the current facility. These assets complement Hood Container’s Southeastern footprint creating greater corrugated capacity and enhanced production capabilities in the Georgia and Tennessee region. This acquisition increases Hood Container’s digital print production footprint and will allow the company to continue expanding its corrugated converting capabilities. Charlie Hodges, President and COO of Hood Container Corporation, commented, “The Dalton facility will provide additional capacity and new capabilities to Hood’s presence in the markets we serve. We are excited to add these capabilities to Hood’s offerings to better serve and care for our existing and new customers.”

Sonoco Reports Second Quarter 2023 Results

Summary *Strong performance and cash flows despite operating in a generally disruptive demand environment *Most of our businesses were at or above expectations for the quarter due to commercial and operational excellence, with particular strength in the flexible packaging and rigid paper container businesses, offset by weakness in the metal packaging and industrial North American region businesses *Inventory management and destocking trends among our customers as well as inflationary pricing pressures led to lower and increasingly uncertain demand which impacted operational efficiency in our metal and industrials businesses *Remained disciplined in managing working capital to generate $349 million of operating cash flow in the first six months of 2023

DS Smith to acquire Serbian packaging company, Bosis doo

DS Smith, a leading sustainable packaging provider, today announced it has entered into an agreement to acquire Bosis doo, a high-quality packaging company in Serbia. The acquisition is complementary to the business’ existing regional packaging activity in Eastern Europe, and will support its growth drive in the region. With a focus on fast moving consumer goods (FMCG) customers, Bosis doo is particularly well suited to complement DS Smith’s strategy in the region, which targets higher growth and margin opportunities through its sustainable performance packaging customer proposition. The acquisition will be structured as a share transaction and is expected to complete within the second half of DS Smith’s financial year, subject to customary closing conditions.

GreenFirst Announces Lumber Duty Deposit Rate Reduction

GreenFirst Forest Products Inc. (TSX: GFP) is pleased to announce the reduction in its softwood lumber duty deposit rate from 20.23% to 7.99%, which is expected to take effect on or about August 2, 2023. This official change by the United States Department of Commerce (“US DOC”) results from the Final Determination of the Fourth Administrative Review of softwood lumber imports from Canada to the United States for the year 2021. Since August 28, 2021, upon the acquisition by GreenFirst of the Rayonier sawmills, the US DOC assessed GreenFirst’s duty deposit rate on softwood lumber imports to the United States at a significantly higher rate than its Canadian peers. The net effect of the US DOC’s decision has resulted in a reduction in GreenFirst’s earnings and a corresponding overpayment of softwood lumber duties in relation to other Canadian exporters. We believe the amount of the overpayment up to the end of June is approximately US$21 million; however, at this time we are not certain when this reimbursement may occur. Beyond this overpayment, GreenFirst has an additional US$51 million of duties on deposit pending a broader industry settlement.

USPS Average Delivery Time Holds Steady at 2.5 Days

FY23 third quarter service performance scores covering July 1 through July 21, included: *First-Class Mail: 91.4 percent of First-Class Mail delivered on time against the USPS service standard, consistent with performance from the fiscal third quarter. *Marketing Mail: 94.9 percent of Marketing Mail delivered on time against the USPS service standard, consistent with performance from the fiscal third quarter. *Periodicals: 86.0 percent of Periodicals delivered on time against the USPS service standard, consistent with performance from fiscal third quarter.

Novolex Releases Fifth Annual Sustainability Report

The report, written in accordance with the Global Reporting Initiative, details advancements on a number of important fronts. They include: *Setting a time-bound, numerical target to double the volume of post-consumer recycled (PCR) polyethylene film recycled at its North Vernon, Ind., recycling facility by the end of 2024. *Reporting the company’s “waste footprint” for the first time. In 2022 Novolex implemented a waste-to-landfill measurement program to enable monitoring and reduction of various waste streams from operations. *Increasing the company’s use of Chain-of-Custody certified fiber. *Expanding the use of materials that reflect emerging technologies and customer needs. *Creating a DEI Council comprised of Novolex leaders who guide and support our DEI strategies and objectives.

Deep Dive: Best Uses of Compostable Packaging

The primary reason to use compostable packaging is to help deliver food waste and other organic matter to composting facilities. Food waste in landfills is one of the main sources of methane, a powerful greenhouse gas that has about 20-80 times the power of carbon dioxide. Diverting food waste from landfills is a key intervention to limiting climate change, and compostable packaging can help do that by being the “vehicle” that food scraps ride along with on their way to composting facilities. Composting facilities that accept compostable packaging are able to bring in more food waste than those that don’t. Compostable packaging should be reserved for packaging that is: *Used to serve prepared food or contains frozen or raw food *Likely to deliver food to a composting facility *Food-contact packaging that is not readily recyclable *Often disposed of with food waste (e.g., produce stickers) *Fiber-based and is likely to become food-soiled

Mondi expands ISTA-approved testing services to all its eCommerce packaging solutions

Mondi, a global leader in sustainable packaging and paper, is pleased to announce the expansion of its International Safe Transit Association (ISTA) and Amazon Packaging Support and Supplier Network (APASS) certified Performance Lab services to cater to the growing demands of eCommerce customers. Mondi's Performance Lab can now also test converted solutions such as MailerBAGs and corrugated boxes. Located in České Budějovice, Czechia, the Mondi Performance Lab complements its eCommerce service offering for high-performance eCommerce packaging, from base material to converted solutions. The laboratory's state-of-the-art equipment simulates the typical impact of packed goods in each supply chain step.

The Paper Excellence Group Announces Renewed Business Unit Structure

The Paper Excellence Group announced its updated organizational structure for its business units following the recent acquisitions of Resolute Forest Products in March 2023 and Domtar in November 2021. Steve Henry, currently Domtar's Executive Vice President and Chief Operating Officer, has been named President of the Paper & Packaging business unit with responsibility for all legacy Domtar pulp, paper and packaging operations as well as Paper Excellence Canada's Port Alberni and Crofton mills. The leader of the Pulp & Tissue business unit consisting of all legacy Resolute pulp, paper and tissue operations as well as the non-integrated Paper Excellence Canada pulp mills will be announced at a later date. Hugues Simon will continue to serve as President of the Wood Products business unit. Mr. Simon has extensive experience in wood products operations, finance and sales with Resolute and its predecessor companies.

Aptar Reports Second Quarter 2023 Results

Second Quarter 2023 Highlights *Reported sales increased 6% and net income increased 31% to $83 million *Core sales increased 4% and adjusted EBITDA of $181 million increased 13% from the prior year *Pharma proprietary drug delivery systems grew across the majority of end-use categories *Beauty’s fragrance dispensing technologies had double-digit growth in the quarter *Issued new Corporate Sustainability Report highlighting ESG commitments and initiatives

New product line features easy-to-remove, printable scored liner

Mactac® Graphics & Signage Solutions announces the launch of Printvinyl Scored™, the first of its kind for the wide-format graphics industry. The new product line includes two pressure-sensitive adhesive (PSA) products with a scored liner for screen and wide-format printers. Printvinyl Scored products have a durability of 5 years. These products are available in permanent and removable adhesives and can be wide-format digital or screen-printed *PVS528UR features an ultra-removable acrylic adhesive with a 3.2 mil matte white polymeric vinyl film and 78# bleached kraft liner back scored liner at 1.25” apart. *PVS528P has a permanent acrylic adhesive with a 3.2 mil matte white polymeric vinyl film and 78# bleached kraft liner back scored liner at 1.25” apart.

Essity to close tissue manufacturing operations in New York state (lesprom.com)

Essity has made the decision to close its tissue manufacturing operations in New York state and consolidate production at its other U.S. sites. This closure will include the South Glens Falls paper mill, Greenwich converting facility and Saratoga warehouse/distribution center. The South Glens Falls paper mill will cease papermaking operations immediately, while the Greenwich converting facility and Saratoga Springs warehouse/distribution center will remain open and continue to operate as long as needed to ensure a smooth transition for customers. There are approximately 300 employees across the three locations.

Billerud’s board announces that CEO Christoph Michalski is leaving

Billerud's board announces that the company's President and CEO Christoph Michalski is leaving the CEO role at Billerud, with immediate effect. Michalski has held the position of CEO since November 2020. The board of Billerud has appointed the current CFO and deputy CEO, Ivar Vatne, as acting CEO. Ivar Vatne joined the company as CFO in May 2019 and has also been deputy CEO since October 2022. Before Billerud, Ivar has a background from senior positions within Arla, Fiskars and P&G. “The board is confident that Ivar Vatne can quickly step into the role of acting CEO and that he can lead the implementation of our established strategy”, says Jan Svensson, chairman of the board in Billerud.

Canfor Reports Results for Second Quarter of 2023

Overview • Q2 2023 operating loss of $67 million including a $57 million reversal of a previously recognized inventory write-down; • Strong earnings continued at the Company’s European and US South operations with persistent challenges in British Columbia • Sustained pressure on global lumber market fundamentals and pricing, particularly in North America • Increased North American lumber production & shipments despite ongoing curtailments in British Columbia and permanent closure of Chetwynd facilities and temporary closure of Houston sawmill • Significant deterioration in global pulp market fundamentals; closure of the pulp line at Prince George Pulp and Paper Mill; subsequent to quarter-end, short curtailment of Northwood NBSK pulp mill amidst British Columbia port strike

AAA Daily Fuel Gauge Report for Friday, 7/28/23

July 28, 2023
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National Average Price for Regular Unleaded Current: $3.732; Month Ago: $3.556; Year Ago: $4.278. National Average Price for Diesel Current: $3.792; Month Ago: $3.877; Year Ago: $5.341.

Key Currency Exchange Rates for Friday, 7/28/23

July 28, 2023
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American Dollar to Canadian Dollar = 0.756068; American Dollar to Chinese Yuan = 0.139731; American Dollar to Euro = 1.100388; American Dollar to Japanese Yen = 0.007182; American Dollar to Mexican Peso = 0.059763.

Campaign Coordination and Execution (jschmid.com)

Crafting memorable creative that will compel and delight an audience is likely the most challenging task in the campaign process. Without a creative, brand-right theme, the campaign won’t get traction and meet objectives. That said, coordinating and executing the big idea is just as important. If the campaign isn’t organized and executed well the investment will be wasted. Here are the five essential steps for getting a marketing campaign off the ground: 1. Get the channel leaders on board 2. Budgeting 3. Metrics 4. Coordinated launch 5. Assign a wrangler

International Paper Reports Second Quarter 2023 Results

*Net earnings of $235 million ($0.68 per diluted share); Adjusted operating earnings* (non-GAAP) of $204 million ($0.59 per diluted share) *$55 million of earnings achieved from Building a Better IP initiatives, bringing year-to-date to $120 million *Cash provided by operations of $528 million, bringing year-to-date to $873 million; Free cash flow** (non-GAAP) of $265 million year-to-date 2023 *Returned $200 million to shareholders through $40 million share repurchases and $160 million in dividends, bringing year-to-date to $519 million

S&P Global Reports Second Quarter Results

• Reported revenue increased 4%; Adjusted revenue, excluding Engineering Solutions, increased 7%. Vitality revenue from new or enhanced products contributed 11% of reported revenue in Q2. • GAAP EPS decreased 44% due to gains on divestitures in Q2 2022, and adjusted diluted EPS increased 11% year over year. • Previously announced $1 billion ASR to be completed and additional $500 million ASR to be launched in the coming weeks. • Divestiture of Engineering Solutions closed on May 2, 2023.

Two Sides North America Anti-Greenwashing Campaign Persuades 21 Leading Companies to Remove Unsubstantiated Environmental Claims in 1H23

During the first six months of 2023, 21 additional companies representing approximately 90 million customers have removed greenwashing messages such as “Go green, Go paperless” and “Go paperless to help protect the environment” from their marketing communications. “In addition to misleading consumers, these types of unsubstantiated environmental claims pose a serious threat to the economic security of the more than 7 million people whose livelihoods depend on a healthy North American paper, printing and mailing sector,” says Two Sides North America President Kathi Rowzie. “Our recent research found that 65% of consumers who’ve seen anti-paper greenwashing are influenced to go paperless.” That same research found that the Two Sides Anti-greenwashing Campaign has preserved more than $300 million in annual revenue for the paper, printing and mailing sector over the last decade.

Metsä Board’s comparable operating result in 2023 January–June was EUR 116 million

January–June 2023 (compared to 1–6/2022) *Sales were EUR 1,040.2 million (1,232.5). *The comparable operating result was EUR 116.0 million 267.4), or 11.2% of sales (21.7). Operating result was EUR 117.9 million (283.3). *Net cash flow from operations was EUR 142.0 million (95.3). April–June 2023 (compared to 4–6/2022) *Sales were EUR 498.2 million (650.5). *The comparable operating result was EUR 27.3 million (145.9), or 5.5% (22.4) of sales. Operating result was EUR 29.5 million (142.6). *Net cash flow from operations was EUR 15.6 million (2.7).

Metsä Group’s comparable operating result in January–June 2023 was EUR 380 million

January–June 2023 (1–6/2022) *Sales were EUR 3,116 million (3,416). *Operating result was EUR 402 million (589). Comparable operating result was EUR 380 million (574). *Net cash flow from operations was EUR 18 million (456). April–June 2023 (4–6/2022) *Sales were EUR 1,481 million (1,822). *Operating result was EUR 127 million (248). Comparable operating result was EUR 104 million (330). *Comparable return on capital employed was 5.9% (20.5). *Net cash flow from operations was EUR -19 million (321).

Grainger Reports Results for the Second Quarter 2023

Second Quarter Highlights *Delivered sales of $4.2 billion, up 9.0%, or 10.1% on a daily, constant currency basis *Generated operating earnings of $661 million, up 23.5%, with operating margin of 15.8%, up 190-basis points *Achieved diluted EPS of $9.28, an increase of 29.1% *Produced $450 million in operating cash flow and returned $265 million to Grainger shareholders through dividends and share repurchases *Announced plans to open a new 500,000-square-foot distribution center in Oregon in 2025

Tronox Reports Second Quarter 2023 Financial Results

Second Quarter 2023 Financial Highlights: *Produced revenue of $794 million, a 12% increase compared to the prior quarter, or a 16% decrease compared to the prior year *Generated income from operations of $84 million, and a net loss of $269 million, inclusive of a valuation allowance of $293 million established against the deferred tax assets within our Australia jurisdiction; adjusted net income was $24 million (non-GAAP) *Delivered Adjusted EBITDA of $168 million, at the high end of the guided range, and an Adjusted EBITDA margin of 21.2% *Invested $55 million in capital expenditures in the quarter *Generated $81 million in free cash flow in the quarter

RRD Unveiling Packaging Solution Investments at PACK EXPO

R.R. Donnelley & Sons Company will showcase recent investments in Packaging Solutions at PACK EXPO Las Vegas. At the show, RRD will unveil anew single pass digital press to reduce time-to-market on large format runs by 25%. Ideal for retail signage and displays made from thicker substrates like corrugated and poly-based materials, the state-of-the-art technology combines the agility and speed of digital printing with exceptional print quality, a wide color spectrum and minimal energy consumption. RRD will announce full details in the fall. With growing RFID mandates from top retailers, RRD is helping clients navigate the shift by upping its investment in industry-leading technology to offer a complete solution of RFID labels and folding cartons. RRD manufactures the RFID labels and folding cartons and then affixes the label to the folding carton. RRD can also complete the fulfillment and distribution of the finished product. This comprehensive suite of services is a welcomed change from coordinating multiple steps and vendors to one seamless process.

Extended Producer Responsibility fees delayed to 2025

Extended Producer Responsibility (EPR) charges for packaging converters, producers and suppliers have been delayed a year, from October 2024 to 2025. The government blamed economic pressures for the delay, but said it would use the time to finalise plans for the scheme’s implementation with local government, businesses, and waste management companies. Companies involved in packaging will still have to collect and process data on the amount and nature of packaging they use or produce during the delay.

UPS, Teamsters reach agreement in labor negotiations

UPS and the International Brotherhood of Teamsters, the union representing about 330,000 UPS employees in the U.S., have reached a tentative collective bargaining agreement. “Together we reached a win-win-win agreement on the issues that are important to Teamsters leadership, our employees and to UPS and our customers,” said Carol Tomé, UPS chief executive officer. “This agreement continues to reward UPS’s full- and part-time employees with industry-leading pay and benefits while retaining the flexibility we need to stay competitive, serve our customers and keep our business strong.” The five-year agreement covers U.S. Teamsters-represented employees in small-package roles and is subject to voting and ratification by union members.

No strike at Yellow; Central States grants extension (freightwaves.com)

July 26, 2023
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Teamsters at less-than-truckload carrier Yellow Corp. will not be on strike Monday as previously planned. Central States Funds agreed Sunday to extend health care benefits for employees at YRC Freight and Holland. Yellow now has 30 days to pay $50 million to catch up on its benefits payments. A statement from the Teamsters said it expects the company to make the payments within the next two weeks. “The intense discussions between Teamsters leadership and Central States successfully convinced fund trustees to reverse their previous decision that health care benefits would end on July 23 if Yellow remained delinquent,” the statement read.

Join revision process for the Chain of Custody Standard

FSC has opened the registration to join the revision process of the chain of custody certification and the chain of custody evaluations standards. Sign up to contribute to the development of key concepts and fundamental aspects that will shape the revision by filling out this form. FSC is revising the FSC-STD-40-004 Chain of Custody Certification and the FSC-STD-20-011 Chain of Custody Evaluations. Chain of Custody (CoC) Certification is the core standard that specifies the requirements which apply to all CoC-certified and applicant organizations with respect to sourcing, processing, labelling, and sale of forest-based products as FSC certified. The standard will be revised together with Chain of Custody Evaluations Standard, which provides the requirements for FSC-accredited certification bodies for auditing CoC organizations against applicable requirements of the FSC normative framework. Please access the process page here to learn more about this joint revision.

Metsä Board achieves A- in Circulytics® assessment

Metsä Board has achieved A- rating in Ellen MacArthur Foundation’s latest Circulytics® circular economy assessment. The Circulytics® assessment comprehensively measures the extent to which Metsä Board as a company has achieved circularity across its operations. The company scored the highest scores in the ‘Enablers’ category, which highlights a strong strategic priority to transition to a circular business model. The category encompasses strategy and planning, innovation, people and skills, operations supporting the circular economy, and external engagement. This year’s A- score is an improvement from last year’s score of B, and is an encouraging acknowledgement of Metsä Board’s ongoing work of supporting the circular economy in its operations.

Silgan Announces Second Quarter 2023 Results

Silgan Holdings Inc. reported second quarter 2023 net sales of $1.43 billion and net income of $78.9 million, or $0.71 per diluted share, as compared to second quarter 2022 net sales of $1.54 billion and net income of $92.7 million, or $0.83 per diluted share. Adjusted net income per diluted share for the second quarter of 2023 was $0.83, after adjustments increasing net income per diluted share by $0.12. Adjusted net income per diluted share for the second quarter of 2022, which included $0.06 per diluted share from non-recurring income associated with Russia, was a record $1.09 after adjustments increasing net income per diluted share by $0.26.

Quad’s Rebrand From Legacy Printer to Marketing ‘Maker’

Harry Quadracci founded the company 52 years ago this month. Harry’s son, Joel, is now CEO. He took over in 2006, as print continued its slow decline and before the great recession upended the global economy. “I did everything my father told me not to do, which was go public and buy broken down printing companies,” Quadracci told Adweek during Cannes Lions last month. It was Quadracci’s first time at the Festival of Creativity where the intersection of creative, brand, platform and production merge. It’s also the intersection Quad aims to transect with a rebrand resulting from a 15-year transformational journey. “For us, it was we better become the consolidator, or the consolidating is going to be done to us,” Quadracci said. While its roots are indelibly in print, Quad now calls itself a marketing experience company that aims to rid companies of wasteful processes.

UPM Half Year Financial Report 2023

Q2 2023 highlights • Sales were EUR 2,558 million (2,562 million in Q2 2022) • Comparable EBIT decreased by 71% to EUR 114 million, 4.5% of sales (387 million, 15.1%) • Delivery volumes were impacted by destocking in various product value chains • Pulp and energy prices decreased to cyclical bottom levels • Operating cash flow was EUR 459 million (-879 million), supported by cash inflow from energy hedges • UPM Paso de los Toros pulp mill in Uruguay ramping up production according to the plan • The OL3 nuclear power plant unit began regular commercial electricity production • Permanent closures of PM6 at UPM Schongau, Germany and PM4 at UPM Steyrermühl, Austria

BMI Joins Tomorrow’s Workforce Coalition to Shape the Future of the Printing Industry

The Book Manufacturers' Institute (BMI) is proud to announce its participation in Tomorrow’s Workforce Coalition, a visionary alliance dedicated to driving innovation and cultivating a highly skilled workforce in the printing industry. By joining this esteemed coalition, BMI reaffirms its commitment to shaping the future of the book printing sector, and fostering a sustainable and competitive ecosystem for years to come. Tomorrow’s Workforce Coalition serves as a powerful platform that unites industry leaders, trade associations, educational institutions, and government agencies. Together, we will address the challenges of the ever-evolving landscape of printing and adapt to the dynamic needs of the modern workforce.

Public consultation: French forest certification system

Stakeholders from around the world are invited to give feedback on the French Forest Certification System. Deadline for comments is 21 September. Give your feedback. PEFC France revised the country’s national forest certification system following the entry into force of the revised 2018 PEFC Sustainable Forest Management standard. The French system was submitted to PEFC after being revised in line with PEFC requirements. The national system is now undergoing the PEFC assessment process, carried out by an independent PEFC Registered Assessor. It must pass this assessment to maintain its PEFC endorsement.

ATA-Led Coalition Urges Congressional Leaders to Repeal FET

July 25, 2023
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The American Trucking Associations was joined by eight trucking organizations and affiliates in a renewed effort to repeal the outdated and counterproductive federal excise tax, or FET, on heavy-duty trucks and trailers. The coalition sent a letter to the leaders of Senate Finance Committee and House Ways & Means Committee to express strong support for the Modern, Clean, and Safe Trucks Act. The bipartisan legislation would repeal the FET and immediately reduce the cost of new, cleaner, and safer trucks by 12 percent, making it easier for fleets to upgrade their equipment. “Eliminating this tax will remove a barrier to retiring older trucks that lack modern emissions control and safety technologies, allowing owners to replace them with modern, clean models that are safer and more environmentally friendly,” the coalition wrote.

Packaging Corporation of America Reports Second Quarter 2023 Results

Packaging Corporation of America reported second quarter 2023 net income of $203 million, or $2.24 per share, and net income of $209 million, or $2.31 per share, excluding special items. Second quarter net sales were $2.0 billion in 2023 and $2.2 billion in 2022. Reported earnings in the second quarter of 2023 include special items for certain costs at the Jackson, AL mill for paper-to-containerboard conversion related activities and closure costs related to corrugated products facilities and design centers.

Crown Holdings, Inc. Reports Second Quarter 2023 Results

Net sales in the second quarter were $3,109 million compared to $3,510 million in the second quarter of 2022 reflecting higher beverage can volumes in Americas Beverage and favorable foreign currency translation of $11 million, offset by the pass through of $288 million in lower material costs and lower volumes across most other businesses. Income from operations was $367 million in the second quarter compared to $466 million in the second quarter of 2022, which included a gain of $113 million for the sale of the Transit Packaging segment's Kiwiplan business. Segment income in the second quarter of 2023 was $414 million compared to $432 million in the prior year second quarter as benefits from the contractual recovery of prior years' inflationary cost increases in European Beverage and cost reduction initiatives in Transit Packaging were offset by lower volumes.

DS Smith announces 33 million investment into our Greek packaging plants

The 33.9 million euro investment is focused on equipment upgrades including purchasing state-of-the art machinery for innovative packaging to support ongoing plastic replacement and boost productivity as part of our ambitious growth strategy in the East European market. Starting with upgrades at Ierapetra's Box Plant this summer, the investments will not only advance packaging capabilities but also create a safer working environment. Investment into other sites located in Ancient Corinth and Thessaloniki will also see the modernization of equipment and minimize raw material waste. The investments support our customers’ growing demand for sustainable packaging innovations and align with our Now & Next Sustainability Strategy to deliver the circular economy.

Xerox Releases Second-Quarter Results

Q2 2023 • Revenue of $1.75 billion, up 0.4 percent, or 0.5 percent in constant currency. • GAAP (loss) earnings per share (EPS) of $(0.41), down $0.36 year-over-year. • Operating cash flow of $95 million, up $180 million year-over-year. • Free cash flow of $88 million, up $186 million year-over-year.

Avery Dennison Announces Second Quarter 2023 Results

“Earnings per share increased sequentially in the second quarter, a trend we expect to continue in coming quarters,” said Mitch Butier, Chairman and CEO. “Volumes in our Materials businesses continue to recover from slow market conditions, largely destocking, while our Intelligent Labels platform accelerates adoption into new categories. "While it's good to see the continuing sequential improvements in our Materials businesses and the building momentum in Intelligent Labels, the pace of our recovery is slower than anticipated. Our results for the quarter were below our expectation due to lower revenue, something the team was able to largely offset through cost reduction actions,” Butier added.

Kimberly-Clark Announces Second Quarter 2023 Results

Quarter Highlights: *Delivered net sales of $5.1 billion, up 1 percent, with organic sales growth of 5 percent. *Gross margin was 33.7 percent, up 350 basis points; adjusted gross margin was 34.0 percent, up 380 basis points versus the prior year, driven by favorable net revenue realization and productivity, offsetting inflation. *Raised 2023 outlook for organic growth to 3% - 5%, and for adjusted earnings per share growth of 10% - 14%, with adjusted operating margin up 150 basis points at the midpoint versus last year.

Latest Postal Service Report Shows Consistency Across Network

FY23 third quarter service performance scores covering July 1 through July 14, included: *First-Class Mail: 92.0 percent of First-Class Mail delivered on time against the USPS service standard, consistent with performance from the fiscal third quarter. *Marketing Mail: 95.3 percent of Marketing Mail delivered on time against the USPS service standard, consistent with performance from the fiscal third quarter. *Periodicals: 87.7 percent of Periodicals delivered on time against the USPS service standard, consistent with performance from fiscal third quarter.

Ahlstrom receives a binding offer for Stenay plant from Accursia Capital

In March 2023, Ahlstrom launched a consultation process with employee representatives at its Stenay plant in France about the possibility to divest the plant, and if a buyer cannot be found considering closure. After a long process to identify potential buyers, Ahlstrom has received a binding offer from Accursia Capital to acquire the Stenay plant. The potential acquisition is subject to consultation with employee representatives. Since the beginning of the consultation period, finding a buyer has been Ahlstrom’s priority. The group has been working actively with all the local economic and political stakeholders in the area to support the process of finding a buyer. With a strong commitment to achieving a positive outcome for all parties involved, Ahlstrom would be dedicated to making every effort during the transition to ensure the plant successfully enters its new chapter.

Clicks to Bricks: You Probably Aren’t Measuring Digital Marketing Correctly, and it’s Costing You (mytotalretail.com)

Despite the fact that the retail landscape continues to undergo massive waves of post-COVID evolution, there are many things that still haven’t changed — like the fact that consumers continue to go to physical stores to shop and that the physical portion of retailers' businesses still command the largest share of their revenues by a very large margin. Despite this, many retailers still only focus on the e-commerce sales impacts of their digital marketing, and ignore the in-store sales impacts because it's “difficult to measure.” This myopic focus is costing them — a lot. Web analytics tools or the measurements provided by the large platforms like Google and Meta have always relied on clicks to tell the story of campaign value. However, with major privacy changes in the market made by Apple and coming soon from Google, any measurement approach that relies on tracking individual consumers has been dying a death of a thousand cuts. Even measuring digital ads’ impact on e-commerce is getting a lot harder.

Stora Enso Oyj Half-year Report January–June 2023: Accelerating restructuring in challenging markets

Q2/2023 (year-on-year) • Sales decreased by 22% to EUR 2,374 (3,054) million. • Operational EBIT decreased by 93% to EUR 37 (505) million. • Operational EBIT margin decreased to 1.6% (16.5%). • Operating profit (IFRS) decreased to EUR -253 (399) million. • EPS was EUR -0.29 (0.38) and EPS excl. fair valuations (FV) was EUR -0.27 (0.42). • Cash flow from operations amounted to EUR 146 (404) million. Cash flow after investing activities was EUR -70 (247) million. • The net debt to operational EBITDA ratio (last 12 months) was 1.7 (1.0). The target is to keep the ratio below 2.0. • Operational ROCE excluding the Forest division (last 12 months) decreased to 10.7% (21.7%), the target being above 13%.

Kingsport Mill Reopens, Announces Corrugated Recycling Partnership

Our Kingsport Mill is running again, using recycled fiber from a corrugated recycling partnership established with a regional grocery store chain and attracting customers from across the corrugated industry. After a successful two-year conversion project and the production of the mill’s first roll of 100-percent recycled containerboard in January, Domtar hosted a ribbon-cutting ceremony in May to celebrate the Kingsport Mill’s grand reopening. Local and state officials and employees joined together to mark this important milestone. The Kingsport Mill’s production has continued apace through the summer, thanks in part to a new corrugated recycling partnership established with Food City. The mill will collect and recycle old corrugated containers from the chain’s 140 stores and use them to produce 100-percent recycled performance linerboard and medium.

AAA Daily Fuel Gauge Report for Friday, 7/21/23

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National Average Price for Regular Unleaded Current: $3.587; Month Ago: $3.581; Year Ago: $4.440. National Average Price for Diesel Current: $3.873; Month Ago: $3.897; Year Ago: $5.476.

Key Currency Exchange Rates for Friday, 7/21/23

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American Dollar to Canadian Dollar = 0.757255; American Dollar to Chinese Yuan = 0.139266; American Dollar to Euro = 1.112486; American Dollar to Japanese Yen = 0.007075; American Dollar to Mexican Peso = 0.059042.

Commercial fire at Longview paper mill expected to continue throughout Wednesday (tdn.com)

Crews estimate they will continue to battle last night's large commercial fire at an Industrial Way paper mill throughout Wednesday in Longview. Wood chip piles are fueling the blaze at Nippon Dynawave Packaging at 1701 Industrial Way near the entrance on the Longview side of the Lewis and Clark Bridge and Weyerhaeuser's gate 4 near Oregon and Industrial ways. A large plume of smoke could still be seen Wednesday morning.

Huhtamäki Oyj’s Half-yearly Report January 1–June 30, 2023: Stable performance in a challenging market

Q2 2023 in brief • Net sales decreased 8% to EUR 1,052 million (EUR 1,147 million) • Comparable net sales growth at Group level was -2% and -2% in emerging markets • The impact of currency movements on the Group’s net sales was EUR -38 million and EUR -3 million on EBIT. Charles Héaulmé, President and CEO: “The market environment remained muted in the second quarter of 2023, as inflation affected consumption across categories and geographies. Destocking also continued to impact volumes during the second quarter, although at a lower level than during the first quarter. Our financial performance in the second quarter was in line with the first quarter of 2023, however it was soft compared to last year. Market conditions remained challenging, resulting in lower sales volumes. Our comparable net sales decreased by 2% in the second quarter but remained stable during the first half of the year. Adjusted EBIT decreased by 10% in the second quarter and 8% during the first half of the year, mainly due to lower sales volumes and the divested operations in Russia. Free cash flow continued to improve, reaching EUR 28 million during the second quarter and EUR 71 million during the first half of the year, driven by reduced working capital.

AAP May 2023 StatShot Report: Overall Publishing Industry Flat for Month of May, and Up 0.7% Year-To-Date

The Association of American Publishers (AAP) today released its StatShot report for May 2023 reflecting reported revenue for Trade (Consumer Books), Higher Education Course Materials, and Professional Publishing. Total revenues across all categories for May 2023 were flat as compared to May 2022, coming in at $846.8 million. Year-to-date revenues were up 0.7%, at $4.7 billion for the first five months of the year. Trade (Consumer Books) revenues were down 1.6% in May, coming in at $661.3 million. In terms of physical paper format revenues during the month of May, in the Trade (Consumer Books) category, Hardback revenues were down 0.3%, coming in at $233.5 million; Paperbacks were down 3.6%, with $239.5 million in revenue; Mass Market was down 41.2% to $6.1 million; and Special Bindings were down 21.5%, with $10.2 million in revenue.

Diller Says: Publishers Are Ready To Sue The Tech Giants (mediapost.com)

Media mogul Barry Diller reiterated that he and other top publishers are prepared to take legal action over use of copyrighted works to train AI systems. Diller, the chair of Dotdash Meredith parent IAC, said on TV this week that tech firms like Google and Microsoft claim the “the fair use doctrine of copyright law allows them to suck up all this stuff,” according to The Hill. He added, “Of course, say we’re open to commercial agreements. But on the side of those people who are depending upon advertising, Google, for instance, they say, ‘Yes, we’ll give you a revenue share. Right now, the revenue share is zero. So, what percent of zero would you like today?”

PEFC chain of custody certificates issued against previous 2013 standard soon to be invalid

Important reminder for companies still certified against the 2013 version of the PEFC Chain of Custody standard, or certification bodies issuing PEFC chain of custody certificates: any certificates issued against the 2013 version will no longer be valid as of 14 November 2023. If you are a company still certified against the 2013 standard, please reach out to your certification body for assistance or to organise your next audit against the 2020 standard. It is important to note that the transition to the new version does not impact the certification cycle, so it can happen during a surveillance audit. If you still have existing stocks of products and printed material covered by a 2013 chain of custody certificate and carrying the PEFC trademarks according to the previous 2008 Trademarks standard, you can still sell them once you have transferred your chain of custody system to the 2020 version of both these standards.

Crown Holdings Expands Aluminium Stewardship Initiative (ASI) Certifications to Asia Pacific Region

As part of the commitments laid out in its Twentyby30™ sustainability program to help advance responsible supply chains, Crown Holdings, Inc. (NYSE: CCK) (Crown) (www.crowncork.com) has expanded its Aluminium Stewardship Initiative (ASI) certifications into the Asia Pacific region. The Company's Nong Khae and Crown TCP beverage packaging plants in Thailand were recently awarded the ASI Performance Standard certification, bringing the total facilities in Crown's network with the designation to 12. Crown's operations in Brazil and Mexico have also achieved ASI Performance Standard certification. The ASI Performance Standard addresses environmental, social and governance principles for the aluminum value chain, confirming the recipient's production practices are responsible. Beyond meeting the required criteria as part of an independent, third-party audit, the recent certifications in Thailand can be linked to advancing employee training around biodiversity, safety and human rights.

Act now: Amendments to packaging rules will cause ‘flood of plastic’ pollution

Call to correct mistakes in proposed amendments to EU Packaging and Packaging Waste Regulation that will penalize recyclable materials, like cardboard, while promoting the plastics industry. Imagine you’re in charge of regulating packaging in the European Union. You’re bringing in some new rules to reduce waste and pollution. So far, so good. But then it is revealed that an amendment mandating the reuse of packaging will cause a flood of plastic. That is exactly the opposite of what you’re trying to achieve. Do you vote for it anyway? The answer is obvious. Yet this is the exact dilemma now facing the EU, as it debates proposed amendments to the Packaging and Packaging Waste Regulation (PPWR).

Bradford & Bigelow Installs New Web Offset Press with LED-UV Curing (piworld.com)

North America’s newest high-speed web offset press doesn’t have a gas dryer. Thanks to a pioneering purchase by Bradford & Bigelow of a Manroland Goss Lithoman IV press equipped with an advanced LED-curing system from Baldwin Technology’s AMS Spectral UV brand. This combination of companies has brought a new leading edge to the high-speed web offset market. Bradford & Bigelow, based in Newburyport, Massachusetts, is one of North America’s leading printers of 8.5 x 11-inch textbooks and workbooks used for K-12 education. The new press is its second Lithoman. According to the printer, after producing books for years on a Lithoman, it was an easy decision for B&B to choose another Manroland Goss press. B&B has been a pioneer in the use of UV inks. Several years ago, the printer converted its sheetfed and Timsons web presses to AMS Spectral UV’s LED UV ink technology successfully. However, the technology had not been perfected for higher-speed webs like the Manroland Goss that run north of 30,000 impressions per hour.

Ahlstrom’s Cristal™ transparent paper transforms Maped’s eraser packaging to a more sustainable alternative

Ahlstrom, a leading manufacturer of innovative fiber-based materials, in collaboration with adapa, a leading supplier of flexible packaging solutions, and Maped, a prominent stationery brand, is proud to introduce a groundbreaking flowpack solution for eraser packaging. Ahlstrom’s Cristal™ base papers are an optimum solution for transparent packaging. By partnering with adapa and Maped, the three companies have developed fiber-based window packaging for a popular school supply – erasers.  "This collaboration between Ahlstrom, adapa, and Maped is an example of our shared dedication to sustainability and responsible business practices," said Guillaume Lavoue, Product Manager for Ahlstrom. “By offering a transparent paper alternative, we are empowering companies and consumers to find fiber-based alternatives for traditional plastic or film substrates without sacrificing functionality or aesthetics." 

Billerud Interim report January–June 2023

The second quarter was challenging with all-time low sales volumes and with currency-neutral net sales declining by 18% compared to the same period last year. The largest sales decline was in North America due to the continued inventory destocking resulting in production curtailments. This, in combination with historically high fiber costs in Europe led to a weak result. By all indications, the blastomycosis outbreak at the Escanaba mill is behind us. Following a three-week idling and deep cleaning of the facilities, operations were successfully resumed on the 8th of May. We continue to work closely with local, state and federal health experts as they complete their analysis of the testing and sample collection at the mill. Results will be made publicly available in due course. The negative financial impact of the outage and the deep clean was SEK 85 million in the quarter. From the 1st of April, our financial results are reported according to a regional structure. Business conditions differ vastly between Europe and North America, even if the current situation of high inventories and destocking applies to both regions. Region Europe’s profitability deterioration in the second quarter was primarily due to all-time-high fiber cost and soft volumes. Region North America on the other hand delivered a comparatively healthy margin, despite an operating rate of 50-60%, thanks to our cost-leadership and tight cost control.

Ask Congress to Stop Postage Hikes

Dear ACMA member or friend of the ACMA: Please play an important role by urging key Congressional committee members to intervene and stop Postmaster Louis DeJoy from continuing these punishing twice-a-year postal rate hikes. The July 9th increase was the third in the past 12 months. The action we're asking of you is fairly simple and easy, but requires two key steps: 1. The ACMA is a flagship member of the Keep Us Posted campaign, headed by former Kansas Congressman Kevin Yoder. Just use this platform to ask Congress to stop these rate hikes. 2. We have hand-selected you (and likely, a colleague or two from your company whom we also know) because your headquarters, your other facilities, or clusters of your employees are in districts of Congressional members who serve on the House Oversight Committee, the key committee that oversees the USPS. Please see the list below and use the Keep Us Posted letter as a template to write the appropriate representative separately from item 1 above. Send your letter by email to the contact listed below each Congressional member.

Give your feedback on ST 1004: certification body requirements for sustainable forest management

PEFC invites stakeholders globally to give their feedback on the second draft of ST 1004, Requirements for Certification Bodies operating Certification against PEFC Endorsed Forest Management Standards. This is the second public consultation for this vital benchmark standard, with the first consultation concluding earlier this year in January. The working group developing the document discussed the feedback received during the first consultation and revised the draft standard accordingly. Thank you to everyone that gave their feedback during the first consultation, we have tried to address all the comments in this new draft. Now we need to hear from you again. Give your comments, feedback, and suggestions, to help us ensure this standard meets your needs and expectations.

ATA Truck Tonnage Index Increased 2.1% in June

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American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index rose 2.1% in June after increasing 1.2% in May. In June, the index equaled 116.5 (2015=100) compared with 114.1 in May. “While the tonnage index increased in both May and June, it remains in recession territory,” said ATA Chief Economist Bob Costello. “The index continues to fall from a year earlier and is off 1.9% from its recent peak in September 2022. A multitude of factors have caused a recession in freight, including stagnant consumer spending on goods, lower home construction, falling factory output, and shippers consolidating freight into fewer shipments compared with the frenzy during the goods buying spree at the height of the pandemic. However, the magnitude of the year-over-year declines is improving, perhaps pointing to a bottom in the freight market.” Compared with June 2022, the SA index decreased 0.8%, which was the fourth straight year-over-year decrease. In May, the index was down 2.4% from a year earlier.

REWE Challenged To Justify Their Decision To Remove Paper Flyers From Their Marketing

Two Sides has written to the German retail group REWE about making misleading statements concerning the environmental impact of print communications. Two Sides, the global organisation dedicated to promotion of the sustainability of print, paper and paper packaging, has written to REWE following the German retail group’s published decision to cease production of its weekly promotional paper flyers from 1st July 2023. In a press release published in July 2022, REWE stated that: “This will have a huge impact on the environment, climate, and the sustainable use of resources, saving more than 73,000 tonnes of paper, 70,000 tonnes of CO2, 1.1 million tonnes of water, and 380 million kWh of energy per year.” Two Sides believes that these statements are sensational and misleading in terms of their environmental claims and the statistics used.

NOVA Chemicals Announces Company’s First Mechanical Recycling Facility, Operated by Novolex

NOVA Chemicals Corporation has made a significant expansion of its Circular Solutions business today by announcing an investment into developing its first mechanical recycling facility in Connersville, Ind. The facility will process post-consumer plastic films to produce the company’s SYNDIGO™ recycled polyethylene (rPE) at commercial scale as early as 2025, delivering over 100 million pounds of rPE to the market by 2026. NOVA Chemicals plans to expand its recycling footprint over the next several years to help it reach its industry-leading 2030 ambition of 30 per cent recycled content as a share of its total polyethylene sales. The company recently announced its 2030 Roadmap to Sustainability Leadership aspirations, including its anticipated investment of between US$2-4 billion by 2030 to expand its sustainable product offerings, decarbonize its assets, and build a state-of-the-art mechanical recycling business while exploring new advanced recycling technologies.

Amcor launches AmFiber™ Performance Paper in Latin America

Amcor announced its AmFiber™ Performance Paper packaging is now available to customers in Latin America seeking a high barrier, recyclable paper-based packaging solution. Launched first for the confectionery market with cold seal, it has been recently expanded to include heat seal sachets for dry culinary and beverage applications, such as instant coffee, drink powders, spices, seasonings, and dried soups. With more than 80% paper fiber content and PVDC-free, this latest material innovation is recyclable, where a paper recycling stream exists. In addition to expanding its application to new product categories, Amcor has invested in manufacturing capacity to meet growing global demand for this kind of paper packaging, including an integrated a state-of-the-art production line in its Amcor Flexibles Alzira plant in Spain.

Scott Pierquet Named CFO of the Year

Congratulations are in store for Scott Pierquet, who was named CFO of the Year by In Business magazine in the large business category. At the inaugural CFO of the Year Awards, In Business magazine celebrates top financial professionals for their role in their organizations' growth, vitality, and future in the Madison market. This award and honor for Scott could not be more well-deserved. Scott has been with Royle for the last 21 years, serving as the Director of Finance and, in 2022, was promoted to CFO.

Sun Chemical Receives Silver Rating for Sustainability from EcoVadis

Sun Chemical received a silver rating for its sustainability efforts across all business units and regions from EcoVadis, the world’s largest provider of business sustainability ratings. The silver rating places Sun Chemical in the top 25 percent of rated companies within its business sector and was earned through EcoVadis’ assessment in four categories—environment, ethics, labor and human rights, and sustainable procurement. “Recognition from EcoVadis is an exciting milestone in Sun Chemical’s journey toward sustainability,” said Mike Simoni, Global Sustainability Director, Sun Chemical. “This award is a strong reflection of our dedication to improving eco-efficiency and providing industry advancements in sustainability as we work with DIC Corporation toward our goal of carbon neutrality by 2050.”

Is Using Synthetic Paper More Eco-Friendly Than Lamination?

While the material and equipment costs of the traditional two-step lamination process were once a deterrent in choosing lamination over synthetic paper, the environmental impact of using lamination has arrived as the key detractor for choosing lamination as robust sustainability initiatives have become the norm across nearly every industry. This leaves end users and printers alike with an important question: Are there sustainable alternatives to traditional laminates that offer the same degree of substrate strength and protection? The short answer is yes, and, here, we’ll look at a couple of ways choosing sustainably manufactured synthetic paper can provide superior protection for your print media in a more eco-friendly way. Synthetic paper is manufactured to be 100% recyclable. While some laminates can be recycled and reused for other purposes, the process involves removing the laminate from the substrate, which is a time-consuming and costly process.

Klabin innovates in the application of paperboard with packaging for the pet market

Imagine a paper vase, where a “grass” grows, made from popcorn, suitable for consumption by your pet and, even better, rich in fiber, nutrients and mineral salts . The innovation is already available in Brazil, authored by agronomist Márcio Alexandre, better known as “Dr. Plant”, and can already be found in pet shop chains across the country. To package the product, Klabin's KlaCup Natural Kraft® paperboard was chosen, which added sustainability to delivery and, once again, reinforced its versatility and efficiency. For this initiative, Klabin, the largest producer and exporter of paper for packaging and sustainable solutions in paper packaging in Brazil, innovated in the application of KlaCup Natural Kraft®, creating an ideal product for the preservation and commercialization of the content, which has, including , its cover produced in paper.

Consumers Perceive Paper And Pulp Has Less Impact On Forests Than Other Industries

The recent research report from Two Sides Europe, the ‘Trend Tracker Survey 2023’, seeks to understand changing consumer perceptions towards print, paper and paper-based packaging, looking specifically at their environmental perceptions, reading habits, packaging preferences and attitudes towards tissue products. The print and paper industry is surrounded by myths, many of which are rooted in historical misconceptions about paper’s impact on forests. The need to bust these myths and raise awareness of paper’s sustainability is now more important than ever. When consumers were asked to rate several industries/activities and which they believe has the most impact on forests, paper and pulp came out as the least damaging.

Huhtamaki invests for further growth in North America through the expansion of its factory in Paris, Texas

Huhtamaki, a leading global provider of sustainable packaging solutions for consumers around the world, is making a significant investment in its Paris, Texas facility in the U.S. The investment consists of an expansion of its manufacturing capacity as well as a consolidation of an external warehouse. The investment into production assets is approximately USD 30 million, and the warehouse and manufacturing facility will be leased. This will significantly increase the North America business segment’s capacity in folding cartons to support the growth of the Foodservice business. Production is expected to start ramping up in Q1 2025 and will be key to servicing the growth of existing customers and a growing list of up-and-coming customers throughout the Southern and Midwestern states. The Paris facility is uniquely positioned to meet the increased demand in the U.S. for more innovative and sustainable folding cartons which provide convenient, safe and hygienic food for busy consumers. The site is expected to employ up to 80 employees within the first three years.

French forest certification system submitted for endorsement

The French Forest Certification System has been submitted to PEFC for assessment. The public consultation, which is your chance to give your feedback on this revised system, will run from 24 July to 21 September 2023. PEFC France revised the country’s national forest certification system following the entry into force of the revised 2018 PEFC Sustainable Forest Management standard. The revised French Forest Certification System also includes new Trees Outside Forests (TOF) requirements. TOF certification was one of the innovative developments of the 2018 PEFC Sustainable Forest Management standard.

PRINTING United Alliance and Domtar Partner to Highlight Sustainability Program at Expo (piworld.com)

PRINTING United Alliance, the most comprehensive member-based printing and graphic arts association in North America, and Domtar, a leading provider of a wide variety of fiber-based products; announce that the two companies have partnered to launch a special sustainability program for PRINTING United Expo 2023. In this partnership, Domtar has committed to working with local small forest landowners to dedicate land to plant two trees for every registration made for the 2023 Expo, being held in Atlanta, Georgia, on October 18-20. Domtar will additionally highlight other sustainability initiatives, products, and services at its booth on the show floor where attendees can learn more. “Attending the latest Major American Trade Show Organizers (MATSO) meeting in Anaheim, CA, I was able to participate in a group discussion around sustainability and got to hear to what the other top Expos are doing in this space,” says Mark J. Subers, president, PRINTING United Expo. “As the printing and packaging industry, with great partners such as Domtar, we can take actionable steps to not only ensure we are following best practices, but to also be proactive. I’m thrilled that the team at Domtar is collaborating with the Alliance to drive this initiative forward.”

Sylvamo Releases First Environmental, Social and Governance Report

Sylvamo is releasing its first environmental, social and governance (ESG) report, demonstrating its commitment to building a better future on the promise of paper. The report illustrates the company’s 2022 contributions to the circular, low-carbon economy while improving people’s lives where it does business. “We are excited to release our first report, which highlights our progress toward our 2030 goals,” said James McDonald, chief sustainability officer. “Our strategy will help Sylvamo remain a sustainable company that generates profits for our shareowners, protects the environment and improves people’s lives.”

Mondi invests in FunctionalBarrier Paper Ultimate, an ultra-high barrier paper-based packaging solution

Mondi, a global leader in packaging and paper, is investing €16 million in new technology to produce a new packaging range called FunctionalBarrier Paper Ultimate. This ultra-high barrier paper-based solution for food meets growing customer demand for sustainable packaging that contributes to a circular economy. The new addition expands Mondi’s existing portfolio of FunctionalBarrier Papers providing high-barrier paper-based packaging for food products such as dried foods and powdered milk as well as for applications in the home and personal care industry. These products require packaging that offer protection from water vapour and oxygen and can ensure a long shelf life. The current industry standards to achieve this level of barrier protection are unrecyclable solutions made of plastic or lined with aluminium. Mondi’s FunctionalBarrier Paper Ultimate range is designed to be recyclable in paper waste streams across Europe while providing the necessary product protection.

Postal Service Begins FY23 Fourth Quarter with Steady Delivery Performance

FY23 fourth quarter service performance scores covering July 1 through July 7, included: *First-Class Mail: 92.5 percent of First-Class Mail delivered on time against the USPS service standard, consistent with performance from the fiscal third quarter. *Marketing Mail: 95.6 percent of Marketing Mail delivered on time against the USPS service standard, consistent with performance from the fiscal third quarter. *Periodicals: 87.9 percent of Periodicals delivered on time against the USPS service standard, consistent with performance from fiscal third quarter.

Tentative deal reached in Canadian port strike (chainstoreage.com)

The strike that hit the Western Canada ports, including the country’s largest, the Port of Vancouver, has ended after the International Longshore and Warehouse Union (ILWU) Canada and waterfront employers reached a deal on a tentative four-year contract, reported Reuters. The agreement still needs to be ratified by both sides. The walkout started on July 1 when roughly 7,500 dock workers represented by the ILWU walked off the job after failing to reach a new contract.

The Bestselling Books of 2023 (So Far) (publishersweekly.com)

In the U.K., Harry Sussex is a prince and a duke. In the U.S., he’s the lord regent of the bestseller list, with his blockbuster Spare—written with J.R. Moehringer—selling nearly 1.2 million copies and taking the crown for top-selling title of the first half of this year at outlets that report to Circana BookScan. But Colleen Hoover remains the bestselling queen. Seven of the writer’s works make up one-third of the top 20 adult titles of the year to date, and are nearing the four million mark in combined sales. If anyone is to get the credit for shaping this bestseller list, however, it’s the young people on TikTok. In addition to Hoover, Bonnie Garmus, Emily Henry, and Taylor Jenkins Reid all hit the list thanks at least in part to online fervor, with Reid reaching it twice with two backlist titles, BookTok favorite The Seven Husbands of Evelyn Hugo and 2019’s Daisy Jones & the Six, the latter helped into the top 20 by the TV adaptation that hit Amazon Prime in March.

The first premium wine bottle made from 100% recycled PET released in the United States

Amcor Rigid Packaging (ARP) is excited to partner with Ron Rubin Winery for the launch of BLUE BIN, the first premium wine packaged in a 750mL bottle made from 100% recycled polyethylene terephthalate (rPET) plastic. PET allows BLUE BIN’s bottles to have several environmental advantages when compared to traditional wine packaging, including a reduction of greenhouse gas emissions, global warming, and other environmental impacts. Additionally, PET wine bottles are lighter and shatterproof, allowing wine enthusiasts to enjoy BLUE BIN at places they previously may not have been able to, including at the beach, by the pool, camping and other outdoor activities.

RRD Report: Amid Steadying Supply Chains and eCommerce Demands, Brands Make Meaningful Strides in Sustainability

R.R. Donnelley & Sons Company released its 2023 (Un)Packaging Reality Report, revealing how brands navigated last year’s market pressures and shortages to ease certain supply chain challenges and meet eCommerce demands. The second edition of RRD’s annual report now includes complementary input from label decision makers, in addition to the original audience of packaging decision makers. According to the report, those citing product-related concerns dropped to 20% from the previous 34% while concerns surrounding packaging materials and transportation also mellowed. Meanwhile, eCommerce orders rose for 60% of respondents. Despite this challenging environment, 77% claimed their organizations moved closer to sustainability goals.

Billerud divests Managed Packaging to Mimir Group

Billerud has agreed with the investment company Mimir Group about a divestment of Managed Packaging, which offers packaging solutions to global brand owners. The transaction is expected to be completed during August 2023. The intention to divest the business unit Managed Packaging is a consequence of Billerud’s focus on packaging materials, which means a reduced strategic importance of service offerings. The sale will reduce complexity and positively impact Billerud's EBITDA margin.

Canfor Pulp’s Northwood Pulp Mill to Resume Operations

Following the announcement of a tentative agreement in the labour dispute at B.C. ports, Canfor Pulp Products Inc. is announcing that Northwood Pulp Mill in Prince George will resume production next week (the week of July 17).

Norske Skog: Successful launch of packaging paper production and good cash flow from operations in weaker markets

Norske Skog’s EBITDA in the second quarter of 2023 was NOK 380 million, a decrease from NOK 675 million in the first quarter of 2023. The main driver for the lower second quarter EBITDA was lower publication paper sales prices. The cash flow from operations in the quarter was NOK 353 million. During the second quarter Norske Skog entered the packaging paper market with a successful production start-up of Bruck PM3, and the first rolls of packaging paper delivered to customers. The rockslide at Norske Skog Saugbrugs will likely keep the paper machine PM6 out of the publication paper market through the first half of 2024. An insurance compensation for business interruption is therefore recognized in the second quarter results. The start-up of the Golbey conversion project is postponed to the second quarter of 2024. Despite the rockslide at Norske Skog Saugbrugs and weakened demand in all segments in the quarter, we have managed to maintain high sales volumes, healthy profitability and a strong financial position.

Vietnam gains new FSC Interim Forest Stewardship Standard for Non-Timber Forest Products

The FSC Interim Forest Stewardship Standard (IFSS) for Non- Timber Forest Products (NTFPs) for Vietnam has been published. Organizations can now certify their NTFPs, supporting the promotion of responsible forestry around the world by ensuring social responsibility, environmental protection, and economic sustainability. In Vietnam, NTFPs including bamboo, rattan, bamboo shoots, edible plant, fruit, and herbal plants carry good potential for organizations and communities to generate additional income from forest resources; especially for natural forests over which a logging ban has been put years ago. Thus, NTFP utilization can have many positive impacts on rural livelihood. The rubber sector in Vietnam includes both larger corporate forests and plantations managed by smallholders. This standard will help to remove bottlenecks and boost the supply of FSC certified NTFPs such as bamboo, rattan, oil from community/ natural forests, and latex from rubber plantations which are increasing in demand in Vietnam, thereby supporting sustainable forest management.

Introducing USPS Ground Advantage

The Postal Service announced the launch of its new shipping offering, USPS Ground Advantage. The enhanced ground solution provides a simple, reliable, and more affordable way to ship packages in two-to-five business days across the continental United States. “USPS Ground Advantage is a game changer – for our customers, the industry and USPS. By efficiently and effectively integrating our ground transportation model to the magnificence of our last mile delivery operations, we can now offer the most compelling ground shipping offering in the market,” said Louis DeJoy, United States Postmaster General and CEO. “With USPS Ground Advantage, we are ready to compete for an increased share of the growing package business.” USPS Ground Advantage provides America’s businesses and the public with a compelling new ground shipping option leveraging USPS’ unparalleled last-mile delivery route system and improving integrated mail and package postal logistics network. With the product’s launch, USPS is retiring three offerings: USPS Retail Ground, USPS Parcel Select Ground and USPS First-Class Package Service as well as Ground Returns and First-Class Package Return Service.

Grainger Releases 2023 Environmental, Social and Governance (ESG) Report

Grainger announced the release of its 2023 Environmental, Social & Governance (ESG) Report on www.GraingerESG.com. The report, which covers the fiscal year that ended Dec. 31, 2022, highlights how Grainger's purpose-driven culture directly supports its ESG initiatives. The report also emphasizes Grainger's focus on four key priorities: Customer Sustainability Solutions, Supplier Diversity, Energy and Emissions, and Diversity, Equity and Inclusion (DEI).

Pixelle Launches New Portfolio Of Barrier Papers As A Sustainable Replacement To Single Use Plastic Packaging

Pixelle Specialty Solutions announced the launch of its new ARMOR™ brand of barrier paper solutions, featuring FlexArmor™ for uncoated applications and SelectArmor™ with a coated surface for enhanced printability. The barrier papers portfolio features a wide range of capabilities from oxygen, aroma, and mineral oil barriers to chocolate, OGR and moisture vapor barriers among several others. Barriers can be applied individually or layered to enhance packaging performance. “The ARMOR™ portfolio is supported by a team of engineers across multiple mill locations who can tailor a solution to meet specific performance requirements,” said Bob van Helden, Senior Vice President, Sales & Marketing. “For those with a more standard packaging application, Pixelle offers preengineered, off-the-shelf solutions that are available today,” said van Helden. FlexArmor™ and SelectArmor™ are PFAS-Free and plastic free. Both product lines are available as FDA-approved for direct and indirect food contact. Basis weights range from 20lb. to 150lb. with functional one-side (F1S) and functional two-side (F2S) performance options. Wet strength is available along with bleached and unbleached options.

Heinzel Group entrusts ANDRITZ with paper machine conversion for sustainable packaging paper production at Steyrermühl, Austria

ANDRITZ will convert the idled paper machine PM3 at Steyrermühl mill in Austria to produce kraft papers for sustainable flexible packaging. The machine previously produced graphic paper for UPM. The conversion project has been launched by the Heinzel Group, which will take over the Steyrermühl mill from UPM by January 1, 2024. Once rebuilt by ANDRITZ, the paper machine (then PM6) will produce up to 150,000 tons of brown and white low-basis weight kraft paper per year to be sold under the Heinzel Group’s well-established StarKraft brand. The paper will be used for shopper bags, pouches, and other flexible packaging products. Werner Hartmann, COO of Heinzel Pöls, says: “With this investment, StarKraft will become one of the world’s leading brands for bleached and unbleached kraft paper. ANDRITZ PrimeLine technology is already successfully operating at our Pöls and Laakirchen mills. The current rebuild by ANDRITZ will help us expand our product portfolio for sustainable packaging.”

Fire on grounds of Port Alberni mill extinguished; wind-blown embers caused spot fires

Fire crews from Port Alberni, Cherry Creek, Beaver Creek and Sproat Lake fire departments took hours to put out a fire in the Paper Excellence Catalyst paper mill in Port Alberni on Friday. Just before 3 p.m., 911 dispatch informed the Port Alberni Fire Department that a barge carrying hog fuel — unrefined wood byproduct used in biomass burners and construction — was on fire. Port Alberni Deputy Fire Chief Wes Patterson said that the majority of the fire was initially contained to a conveyor belt system used to unload the barge with hog fuel. “As the wind picked up, as it usually does in the afternoon in the Port Alberni inlet, it started to blow these embers onto the land and started to cause spot fires,” Patterson said..

Lane Press Invests in New UV Inkjet Addressing System

Lane Press is pleased to announce to its customers and the magazine publishing industry that it has upgraded its inkjet bindery line to the new CME HAWK M7 4.25-inch head UV inkjet addressing system provided by Capital Mailing Equipment. This upgrade will enable Lane Press to offer its customers even more coverage options for addressing as well as increased speed and efficiency. The new CME HAWK M7 inkjet addressing system is a state-of-the-art technology that combines high-speed printing with advanced UV curing and addressing capabilities. The system’s UV curing technology enables faster drying times. Using multiple head combinations, the CME HAWK M7 can print variable addressing information in any direction on a wide range of substrates. “The CME HAWK M7 increases the speed of production in our bindery,” says Chris Armstrong, Executive Vice President. “As such, the system helps to support Lane’s plans for growth. Maintaining high quality while increasing capacity and production speed is our goal, and the CME HAWK M7 is an investment that helps us achieve it.”

USPS Ends Third Quarter FY23 with an Average of 2.5 Days to Deliver

The United States Postal Service reported new delivery performance metrics for the thirteenth week of the third quarter for fiscal year 2023 showing improved delivery performance across all mail categories. The average time for the Postal Service to deliver a mailpiece or package across the nation was 2.5 days. FY23 third quarter service performance scores covering April 1 through June 30, included: *First-Class Mail: 92.4% of First-Class Mail delivered on time against the USPS service standard, an increase of 1.4 percentage points from the fiscal second quarter. *Marketing Mail: 95.9% of Marketing Mail delivered on time against the USPS service standard, an increase of 1.3 percentage points from the fiscal second quarter. *Periodicals: 88.6% of Periodicals delivered on time against the USPS service standard, an increase of 2.1 percentage points from the fiscal second quarter.

Labor disputes in U.S., Canada could disrupt supply chain ops (chainstoreage.com)

While a tentative contract agreement has been reached at West Coast ports, that doesn’t mean supply chain disruptions are over. Retailers are closely following labor disputes at ports in western Canada and a potential Teamsters strike against United Parcel Service. In Canada, workers are on strike at two of the country’s busiest ports: the Port of Vancouver and the Port of Prince Rupert. The walkout started on July 1. Here at home, the Teamsters Union and UPS last week accused each other of abandoning labor negotiations which are aimed at averting what would be the largest strike in the U.S. since the 1950s.

Sappi starts consultation process on possible closure of the Stockstadt mill (euwid-paper.com)

After failed attempts to sell the Stockstadt site, Sappi decided launch consultations on the future of the fine paper mill. On 14 April 2023 Sappi announced that the negotiations to sell its Stockstadt, Germany; Maastricht, The Netherlands; and Kirkniemi, Finland, mills could not be completed and the sale had lapsed. Sappi Stockstadt is an integrated pulp and paper mill producing 145,000 tpy of pulp which is converted to 220,000 tpy of coated and uncoated woodfree paper mainly sold into the European print market.

Schumann Printers in the Running for 2023 Family Business of the Year Award

The spirit of family-owned businesses is the heart of Wisconsin's vibrant economy, a testament to resilience, innovation, and shared values passed from generation to generation. The Wisconsin Family Business of the Year award recognizes this extraordinary spirit, shining a spotlight on the positive impacts that family businesses bring to their communities and the state's economy. Since its inception in 2004, the award program has recognized over 100 family-owned businesses, each unique, but all united in their commitment to community, innovation, and the enduring values of family enterprise. To be included among these outstanding businesses is an immense honor that highlights the exceptional journey of SPI. Being nominated for the 2023 Wisconsin Family Business of the Year award is a testament to our dedicated team that works tirelessly to uphold our founding principles.

Hinton Pulp mill acquisition supports growth in Mondi’s Americas paper bags business

Mondi plc has agreed to acquire the 250,000 tonne per annum Hinton Pulp mill in Alberta, Canada, from West Fraser Timber Co. Ltd (West Fraser) for a total consideration of USD 5 million. As part of the transaction, Mondi will enter into a long-term partnership with West Fraser to access local, high-quality fibre from a well-established wood basket. The intention, subject to pre-engineering and permitting, is to invest €400 million in the expansion of Hinton, primarily for a new 200,000 tonne per annum kraft paper machine, anticipated to be operational from the second half of 2027. The acquisition of the mill, and investment in the paper machine, will fully integrate operations in the Americas and enable Mondi to secure the long-term supply of high quality, cost competitive kraft paper into its network of 10 paper bags plants in the region, better positioning Mondi to support the growing market demand for industrial and mailer bags.

Costco Wholesale Corporation Reports June Sales Results

Costco Wholesale Corporation reported net sales of $22.86 billion for the retail month of June, the five weeks ended July 2, 2023, an increase of 0.4 percent from $22.78 billion last year. For the forty-four weeks ended July 2, 2023, the Company reported net sales of $196.93 billion, an increase of 4.6 percent from $188.34 billion during the similar period last year.

Tuition.io Acquires Wiley’s Tuition Manager Business

Tuition.io, a leading education assistance benefits provider, has acquired Wiley’s (NYSE: WLY) Tuition Manager business, which enables employers to offer a range of tuition assistance benefits to their workforces. Terms are undisclosed. The acquisition is the culmination of a successful relationship between Tuition.io, Wiley and HostedHR dating back more than four years. It continues Tuition.io’s growth as a leading Education Assistance service provider, allowing Tuition Manager customers to take full advantage of Tuition.io’s modern, highly configurable and customizable platform to offer a wide range of differentiated benefits to their workforces.