Total boxboard production decreased 0.4 percent when compared to November 2016 and decreased 2.0 percent from last month. Unbleached Kraft Boxboard production increased over the same month a year ago and increased compared to last month. Total Solid Bleached Boxboard & Liner production decreased when compared to November 2016 and was flat compared to last month. The production of Recycled Boxboard decreased compared to November 2016 and decreased when compared to last month.
http://afandpa.org/media/news/2017/12/19/american-forest-paper-association-releases-november-2017-boxboard-report
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Esko, a global developer of integrated hardware and software solutions for the print, packaging and label industries, and AVT Inspection Systems Inc. (‘AVT’), global provider of print inspection, process control and quality assurance solutions, are pleased to announce the integration of their businesses. Effective immediately, the integration is designed to deliver simplicity and extended connectivity for both Esko and AVT customers by incorporating automated quality inspection into the connected packaging and labeling value chains. Sharing many of the same customers around the world, the combined business will see expansion of its sales and technical service teams with enhanced local representation, ensuring customers and OEM partners receive the same level of customer service and technical excellence they have come to expect from both companies.
Tredegar Corporation announced that it has completed the previously announced sale of its personal care films (“Personal Care Films”) business to affiliates of Fitesa S.A. Commenting on the sale, John Steitz, Tredegar’s president and chief executive officer said, “We believe that in combination with Fitesa, a worldwide leader in nonwoven fabrics, Tredegar’s former personal care business will have improved opportunities for growth.” Cash proceeds from the sale net of transaction costs, purchase price adjustments and transition services are estimated at $45 to $50 million. Net cash income tax costs or benefits relating to the transaction are expected to be negligible. The transaction excludes the packaging film lines and related operations located at the Pottsville, Pennsylvania manufacturing site (“Pottsville Packaging”), which will now be reported within the Surface Protection component of PE Films.
The facility is the largest and most advanced of its kind, marking a significant milestone in sustainable packaging technology. Production is set to begin in Q4 2024 after successful large-scale testing. The Skene production unit utilizes an innovative dry forming process to produce high-performance formed fiber products, such as cup lids, designed to replace traditional plastics in food and beverage packaging. Unlike conventional wet forming, the dry process reduces water and energy consumption significantly, thus offering an even more sustainable manufacturing method for fibre-based packaging. Additionally, any excess material is recaptured and reused, ensuring a circular process with minimal waste.