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

Compared to third quarter guidance, results were negatively impacted by ($.02) per share due to hurricane-related items at certain mills and corrugated products facilities, offset by a partial insurance recovery related to the DeRidder Mill incident of $.02 per share. In the Packaging segment, total corrugated products shipments with two less workdays were up 4.0% and shipments per day were up 7.3% over last year’s third quarter. Containerboard production was 996,000 tons, and containerboard inventory was up 7,000 tons compared to the third quarter of 2016 and up 20,000 tons from the second quarter of 2017. In the Paper segment, lower volumes in the third quarter of 2017 compared to last year were primarily due to the previously announced shutdown of market pulp operations at the Wallula Mill. Click Read More below for additional information.

As the world leader in label papers, UPM continues to grow in the attractive release liner segments to support its customers mainly in Europe and the Americas. Healthy growth is…

Pregis unveils an evolution in foam technology supported by certified-circular polyethylene resins. Through collaboration with ExxonMobil, a leader in advanced recycling technology, Pregis now offers protective foam packaging to help customers meet their plastics circularity goals. This innovation was driven by a need for packaging that helps brands meet consumer demand for more circular plastic products, while still offering the high-quality protection properties of polyethylene foam. ExxonMobil's investment in advanced recycling technology and Pregis' holistic approach to circular design fueled this integration of certified-circular resins into more circular packaging applications that do not compromise performance. Ryan Wolcott, Chief Sustainability Officer at Pregis, explains, "Incorporating certified-circular resins into protective foam applications is a novel approach achieved through deep collaboration across the value chain. We view advanced recycling technologies and the use of certified-circular resins as one more set of tools that allow us to help tackle the plastic waste challenge. This achievement embodies Pregis’ commitment to plastics circularity.”