Total Packaging Papers shipments were 223,400 tons, 1.6 percent lower than October 2016. Bag & Sack shipments are up 3.3 percent year-to-date, while Food Wrapping shipments are down 7.1 percent over the same period. The operating rate for October 2017 was 85.5 percent, while the year-to-date rate was 88.3 percent. Inventories were 167,800 tons, down slightly since September.
http://afandpa.org/media/news/2017/11/15/american-forest-paper-association-releases-october-2017-u.s.-packaging-papers-specialty-packaging-monthly-report
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Koehler Paper has launched a new high-quality product range specially for tea packaging, offering the perfect solution to high demand for organic tea and sustainable packaging alternatives on the tea market. The different types of flexible packaging paper cover a broad range of requirements—from good knurling and heat-sealing properties with or without a barrier function, for instance for high aroma pro-tection, to teabag wrapping and flow packs. Koehler Paper is showcasing the range at the Fachpack trade fair in Nuremberg from September 24–26, 2024 at stand 310 in Hall 3a. “Our flexible packaging paper has a lot of advantages: It is recyclable, offers top product protection, complies with food standards, and is highly compatible with tea packaging machines, offering the same efficiency and speed as plastic film,” explains Christoph Wachter, Director of Flexible Packaging Paper at Koehler Paper.
First Quarter Operating Highlights: Consolidated net sales of $799 million in the first quarter of 2018 increased by $33 million, or 4 percent compared to $766 million for the 2017 first quarter. The increase in net sales is primarily due to higher prices, partially offset by lower sales volume. The Company sold 662,000 tons of paper during the first quarter of 2018 compared to 699,000 tons a year earlier. Net income of $33 million for the 2018 first quarter increased by $27 million, or 446 percent, compared to the 2017 first quarter. The higher earnings primarily reflects: •Higher selling prices and a better product mix of $48 million, •Favorable productivity of $10 million mainly due to higher mill production, •Lower recycled fiber costs of $6 million. Click Read More below for additional information.