Total Packaging Papers shipments were 235,900 tons, 1.7 percent lower than August 2016. Bag & Sack shipments were up 5.5 percent year-to-date, while Food Wrapping shipments were down 8.5 percent over the same period. The operating rate for August 2017 was 90.3 percent, while the year-to-date rate was 88.8 percent. Inventories were 168,600 tons, down slightly since July.
http://afandpa.org/media/news/2017/09/19/american-forest-paper-association-releases-august-2017-u.s.-packaging-papers-specialty-packaging-monthly-report
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Key Points: Strong performance against key metrics* EBITDA of €735 million, with an EBITDA margin of 17.5%*Free cash flow of €238 million *ROCE of 14.8% *Leverage of 2.1x *Dividend payment of 80.9 cent per share. “Our European business performed strongly in the first six months with an EBITDA margin of 17.6% and flat corrugated box volumes. “The EBITDA margin of the Americas business improved again year-on-year from 17.1% to 19.0%.
Leading European thermoforming packaging specialist Waddington® Europe, a division of Novolex®, has teamed up with Shabra, Ireland’s leading recycler and reprocessor of post-consumer waste (PCW), to purchase food-grade recycled PET (rPET) sourced from bottles, pots, tubs and trays to manufacture new rPET food packaging products at its Arklow production site. Not only does the agreement help to further secure Waddington Europe’s long-term source of rPET, but it also enables the company to expand its line of Eco Blend® products made with post-consumer recycled content sourced domestically in Ireland back into the Irish market. “Collectively, we hope these new agreements will advance our stake in localized plastics circularity in the Irish market,” said Eduardo Gomes, Managing Director of Waddington Europe. “We need to start moving to a more holistic and long-term view when it comes to the lifecycle and environmental impact of food-grade packaging. It’s just as important to consider the carbon footprint at its start of life as the environmental impact at the end of its life.”
How do you build strong brand relationships with consumers in an increasingly complex e-commerce landscape? That is the topic for the first of a series of digital events where we invite you to join us as we explore the latest culture and technology trends together with leading brand owners and industry experts. Starting on January 20, 2021, Iggesund Paperboard launches Unbox, a new series of digital events designed to explore the challenges and opportunities brands face today and in the future. The first Unbox focuses on changes in consumer behaviour and how brands can create engaging experiences through digital channels. And how this puts new demands for purposeful packaging solutions. register at: https://www.iggesund.com/inspiration/unbox-digital-event-series/unbox/?utm_medium=email&_hsmi=103951613&_hsenc=p2ANqtz-8rq0cI_Jz8faKcCJholUOjn4M7F784cPJSFROiiMandNA5_Tdf9FENfHQ__Smkat4G4Em2erzcJkXvqfylPXj84WIVBZfYXWELcjA1JtmzAiXaVmA&utm_content=103951613&utm_source=hs_email