Containerboard production was 2.0 percent higher compared to August 2016. The month-over-month average daily production compared to July 2017 was 1.0 percent lower. The containerboard operating rate for August decreased from 97.9 percent to 96.9 percent, which was 0.8 percentage points higher compared to August of last year. Year-to-date production of containerboard for export is up 4.4 percent.
http://afandpa.org/media/news/2017/09/19/american-forest-paper-association-releases-august-2017-containerboard-report
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This approval satisfies the shareholder vote condition for the combination, originally announced in November 2024.
Together, Amcor and Berry will be among the global leaders in consumer and healthcare packaging solutions with the combined material science and innovation capabilities required to revolutionize product development and better solve customers’ needs and consumers’ sustainability aspirations. These two highly complementary businesses are expected to grow faster together in attractive categories and opportunities to further refine the portfolio. With faster growth and $650 million of identified synergies, this combination is expected to drive significant near- and long-term value for all shareholders. Amcor CEO Peter Konieczny commented, “The resounding support from both companies’ shareholders marks another important milestone in bringing Amcor and Berry together. Our combined company will be positioned to serve customers better, grow faster and operate globally in a way neither company could accomplish alone. Together, we have an exciting and unique opportunity to truly transform the future of packaging.” Berry CEO Kevin Kwilinski added, “We are excited to take another important step toward finalizing this combination between Berry and Amcor and are pleased the shareholders of both companies clearly recognize the significant opportunities we will have as one company to deliver enhanced value for all stakeholders.”
Georgia-Pacific is expanding its manufacturing footprint for curbside recyclable paper padded mailers to support growing demand for more sustainable shipping envelopes. The new locations in Jonestown, Pennsylvania, and McDonough, Georgia, will expand availability of the mailers in the Northeast and Southeast to customers including Amazon. GP is also adding a third production line at its first mailer manufacturing site that opened in the Phoenix area in 2020. Georgia-Pacific’s expertise in paper making and paper-based packaging, and support from its research and development team, have contributed to the company’s success in its first manufacturing location and served as drivers in the expansion plans.
UPM Raflatac is pleased to announce the launch of its new Packaging Recyclability Guide, designed to help fast-moving consumer goods (FMCG) stakeholders across the packaging value chain navigate the complexities of packaging design and recyclability. The new guide, which is available as a free e-book on the company’s website here or as a downloadable pdf here, offers practical information on the guidelines, definitions and criteria to help make informed label choices that will enhance recyclability. With the emergence of the EU’s new Packaging and Packaging Waste Regulation (PPWR) and the focus on packaging circularity at this present time, mastering the intricacies of packaging sustainability and fortifying packaging solutions for the future has never been more essential. Although many companies have already made voluntary commitments to targets, such as using 100% recyclable, reusable, or compostable packaging, deciding the best way to achieve these goals can be challenging.