American Forest & Paper Association Releases October 2020 Packaging Papers Monthly Report

Packaging designs crafted from Metsä Board’s paperboard have won three Gold Awards at the European Carton Excellence Awards 2024. The awards, hosted by Pro Carton and the European Carton Makers Association (ECMA), were announced on 19 September in Berlin, Germany. In addition to the Gold Awards, two entries made of Metsä Board paperboard were recognized for the Innovation and Public Award categories. “Producing highly challenging print and structures demands exceptional material quality, and the winning packaging concepts clearly demonstrate the versatility and premium quality of Metsä Board's folding boxboard grades,” says Neil Fox, VP Sales FBB EMEA at Metsä Board. “On behalf of Metsä Board, I’d like to congratulate all winners and recipients of the European Carton Excellence Awards 2024.”

In the middle of May, more than 400 guests from all over the world attended the Packaging Day hosted by Heidelberger Druckmaschinen AG (Heidelberg) at the Wiesloch-Walldorf site. Under the slogan “Think out of the Box”, they witnessed the premiere of the Primefire 106 – what up until then was only available to see in customers’ print shops and in the laboratory environment is now also installed in the Print Media Center Packaging, and thus completes the extensive demo range in the world’s biggest demo center for packaging solutions. Heidelberg is the only manufacturer to integrate offset and digital printing including finishing via the Prinect workflow, and is opening up new business models for packaging printing. The Packaging Day offered the visitors a platform for getting new ideas and inspiration for their current and future business models. Three information tours – “Packaging as you like”, “Operational Excellence”, and “Special Applications” – addressed the trends in the industry and provided a comprehensive presentation of the corresponding solution from Heidelberg. Click Read More below for additional information.

Net sales of $1.38 billion, down 3% as reported; down 1% constant currency Net earnings of $94 million, down 18% Earnings per share (Diluted) of $0.65, down 16% Cash flow from operations (year to date) use of $7 million Cash flow from operations includes the impact of the $175 million tax deposit