American Forest & Paper Association Releases January 2021 Packaging Papers Monthly Report

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).

The new recovery boiler and turbine of the Husum pulp mill started up at the end of 2022. Thanks to the latest technology and processes the mill’s bio-based energy production will increase and the mill integrate’s electricity self-sufficiency will amount to over 80 per cent. The total value of the investment was approximately EUR 380 million. In the second phase of the renewal, to be decided and implemented later in the decade, the two current fibre lines would be replaced with one new line. An investment programme is also underway at the Husum mill to increase the annual production capacity of folding boxboard by around 200,000 tonnes. The investment is expected to be completed in the fourth quarter of 2023. Metsä Board Husum mill in Sweden is an integrated board and pulp mill producing folding boxboard, uncoated white kraftliner and bleached chemical pulp.

With a major investment of EUR 40 million in a now operational production asset, Ahlstrom-Munksjö cements its market position, upgrading its production platform in its well-established Beverage & Casing business. The advanced Voith paper machine line was installed on the Chirnside site in the Scottish Borders. This investment enables an improved product portfolio, higher quality, and significantly increased manufacturing capacity in addition to upgraded supply-chain security. The machine is now starting commercial grade production, marking a new era for the Beverage & Casing Business. To consolidate the success of the new line, the Radcliffe long fiber production facility in Scotland has also expanded to enable seamless vertical integration. “Commissioning the new paper machine allows us to serve our existing customers faster and better whilst facilitating our growth ambitions,” says Philippe Sevoz, Vice President of Beverage & Casing business. “Thanks to our Chirnside and Radcliffe team’s extensive knowledge and capabilities in Tea, Coffee and Casing we can continue to provide best-in-class innovative and sustainable products to our customers worldwide and can cement our unique position to become our customers’ supplier of choice.”