Containerboard production was down 3.0 percent compared to February 2017 and down 1.1 percent year-to-date. The month-over-month average daily production compared to January 2018 was 3.2 percent lower. The containerboard operating rate was 94.1 percent, or 3.1 percentage points lower than the same month last year. Production for exports was 6.0 percent lower than February 2017 and 8.4 percent lower year-to-date.
http://afandpa.org/media/news/2018/03/16/american-forest-paper-association-releases-february-2018-containerboard-report
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Huhtamaki is investing app. EUR 11 million to have a new manufacturing facility built in Hämeenlinna, Finland. Manufacturing operations will be transferred from the current facility that has been built in the 60's to a new, modern facility. Construction work is planned to begin during spring 2018 and the new facility is expected to begin operations in spring 2019. The majority of the investment takes place during 2018. As part of the investment the Hämeenlinna unit's machine base will also be partially renewed and automation will be increased. Competitiveness will also be improved by designing the new facility according to Lean manufacturing principles and improving the flow of goods and minimizing unnecessary traffic within production. The modernization of the manufacturing facility will also improve workplace safety and ergonomics. Click Read More below for additional information.
Revolution Sustainable Solutions LLC, Little Rock, Arkansas, has acquired Island Plastics LLC, a Flint, Michigan-based company that produces 100 percent postconsumer recycled linear low-density and low-density polyethylene (LLDPE, LDPE) film-grade resin. Revolution says the aim of its purchase is to bolster its commitment to sustainable loop solutions and expand its recycling capabilities, particularly in the production of clear food-grade postconsumer resin (PCR) for flexible packaging and other applications. Island Plastics operates a mechanical recycling facility dedicated to producing LLDPE and LDPE PCR. Revolution says Island Plastics is the largest film recycling plant in Michigan and has been instrumental in advancing plastic recycling technologies while maintaining stringent quality standards.
International Paper announced the permanent closure of the company's Red River containerboard mill in Campti, La., recycling plant in Phoenix, Az., box plant in Hazleton, Pa., and sheet feeder facility in St. Louis, Mo. All facilities will cease operations by the end of April 2025. The Red River containerboard mill closure is expected to reduce the company's containerboard capacity by approximately 800,000 tons on an annualized basis. In total, 495 hourly employees and 179 salaried employees will be affected. The company will work to minimize the impact on employees by using attrition, retirements and current vacancies at other International Paper locations. Team members at these locations will receive outplacement assistance, access to mental health support resources and where possible, severance benefits. "The decision to close any facility is difficult because of the impact on our team members, their families and the surrounding communities," said Tom Hamic, executive vice president and president, North American Packaging Solutions, International Paper. "We greatly appreciate the contributions from our departing team members and will do all we can to support them."