American Forest & Paper Association Releases May 2020 Containerboard Monthly Report

Integrated plastics manufacturer Inteplast Group has secured International Sustainability and Carbon Certification (ISCC) PLUS verification for its three US-based biaxially oriented polypropylene (BOPP) film facilities. The facilities are located in Gray Court, South Carolina; Lolita, Texas; and Morristown, Tennessee. This certification positions Inteplast as one of the first North American manufacturers of BOPP film to obtain ISCC PLUS designation. It will enable Inteplast’s BOPP Films segment to produce and supply materials that are attributed through a mass balance approach.

UPM Raflatac introduces a highly chemical resistant adhesive for wet wipe labeling in the APAC region. UPM Raflatac RRS4 adhesive pushes beyond traditional adhesives with repeatedly reliable open-closure functionality for high chemical resistance. RRS4 is designed to be resistant to 75 percent alcohol ensuring the disinfecting qualities of the wet wipes when reopening and closing the package. Having disposable disinfecting wipes on hand can help to stop the spread of the viruses. For the wipes to be disinfecting, they must contain at least 70 percent of alcohol according to C.D.C (Centers for Disease Control & Prevention). Therefore, the label needs to have chemical resistance to keep the wipes wet and disinfected. UPM Raflatac’s RRS4 adhesive answers to this need and ensures the reliability of the packaging.

*Net sales of $1.4 billion, up 12% as reported; up 15% constant currency *Net earnings of $150 million, up 41%; EPS of $1.00, up 47% *Cash flow from operations of $48 million, down 39% *Accelerating growth investments, CapEx of $67 million, up 53%, in 2022