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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Announced in 2018, Sonoco’s commitments for sustainable use and increased recyclability of packaging by 2025 include: *Sonoco will increase the equivalent by weight, the amount it recycles, or causes to be recycled, from 65 percent to 85 percent, relative to the volume of packaging it places into to the global marketplace. In 2019, the Company recycled or caused to be recycled 83 percent of the products it placed in the marketplace. *Sonoco is committed to increasing the use of post-consumer recycled resins in its plastic packaging from 18 percent to 25 percent. Sonoco utilized 21 percent recycled content in its plastic supply chain in 2019, including 18 percent post-consumer content. *Sonoco will ensure that approximately 75 percent of its rigid plastic packaging can carry the relevant on-package recyclable claim.
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CANPACK S.A. continues its expansion and plans to install a state-of-the-art production line of aluminum beverage can bodies in Bydgoszcz, Poland. The expansion will allow the company to increase the current capacity of the Bydgoszcz facility by approximately 1 billion pieces per year. Production is expected to start in 2024. “We are excited to increase the capacity of our facility in Bydgoszcz and continue to offer our European customer base a wide range of aluminum packaging innovations, whilst strengthening CANPACK’s footprint in Central Europe.” – says Andre Balbi, Group Chief Operations Officer at CANPACK. Ultimately, the new expansion is aimed to strengthen CANPACK’s market leader position in the Poland beverage can market.