Containerboard production was up 3.5 percent compared to March 2017 and up 0.5 percent year-to-date. The month-over-month average daily production compared to February 2018 was 3.5 percent higher. The containerboard operating rate was 97.4 percent or 0.7 percentage points higher than the same month last year. Production for exports was 3.3 percent lower than March 2017 and 6.7 percent lower year-to-date.
http://afandpa.org/media/news/2018/04/18/american-forest-paper-association-releases-march-2018-containerboard-report
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Mondi has once again won the prestigious EUROSAC Grand Prix Sack of the Year award, this year for its revolutionary EcoWicketBag. EUROSAC, the European Federation of Multiwall Paper Sack Manufacturers, chose Mondi’s EcoWicketBag for its potential to reduce plastic packaging waste in the global hygiene industry. Mondi’s EcoWicketBag design is a paper-based packaging solution that provides an alternative to traditional plastic packaging, replacing it with renewable, recyclable paper. Created from strong virgin kraft paper sourced from sustainably managed forests, it is the first paper wicket bag that runs on existing equipment. It is available in a variety of sizes, is strong enough to handle the filling process and protect the product throughout the supply chain. EcoWicketBag’s design and printability ensure great on-shelf appeal, it is also easy to open and end-consumers know how to dispose of paper correctly.
Second Quarter 2024 Highlights:
*net earnings of $498 million; includes a tax benefit of $338 million related to internal legal entity restructuring *cash provided by operations of $365 million and returned $160 million to shareholders in dividends.
"Reflecting on my first 90 days, I am confident in our teams' ability to unlock substantial value at IP," said Andy Silvernail, Chief Executive Officer. "While our second quarter financial results increased sequentially on better price and seasonally higher volumes, we expect near-term performance to be challenged. In order to accelerate improvement, we are deploying an 80/20 business process. We will make the changes needed to focus our portfolio, become excellent with our customers and optimize our cost to deliver profitable growth. In North America, our investments will center on providing customers with the most reliable and innovative packaging solutions. We also look forward to the combination with DS Smith and together creating significant value for our shareholders."
In today's eco-conscious world, the pursuit of sustainable solutions permeates every aspect of our lives, including packaging. Enter Curby® – a revolutionary packaging solution that marries the principles of recyclability and reliability like never before. In this blog, we'll delve into what Curby is, why it's making waves in the packaging industry, and how it's reshaping the future of sustainable packaging. Curby represents a paradigm shift in packaging design. Unlike traditional packaging materials that often end up in landfills or pollute the environment, Curby is designed with curbside recyclability at its core. Made from innovative materials sourced from renewable resources, Curby is not only eco-friendly but also highly durable and reliable. The Features that Set Curby Apart:
1 - Recyclability: At the heart of Curby's design is its commitment to recyclability. IPG’s Curby packaging products are engineered with a focus on curbside recyclability, ensuring that they can be efficiently processed in existing recycling streams. 2 - Durability: IPG's Curby packaging solutions offer exceptional durability, providing reliable protection for a wide range of products. 3 - Versatility: IPG offers a diverse range of Curby packaging products tailored to meet the unique needs of different industries.