American Forest & Paper Association Releases September 2017 Boxboard Report

Highlights – underlying earnings unless otherwise indicated (1)(2) •Profit after tax (PAT) of USD 329.7 million up 3.7% on a constant currency basis; •Earnings per share (EPS) of 28.5 US cents up 3.7% on a constant currency basis; •Profit before interest and tax (PBIT) margin up 30 basis points to 11.4%; •Strong returns, measured as profit before interest and tax to average funds employed of 19.7%; •Operating cash flow, after net capital expenditure and cash significant items of USD 90.8 million(3); and •Interim dividend per share increased 7.7% to 21.0 US cents. Click Read More below for additional information. Click Read More below for additional information.

The Embassy of the Republic of Indonesia supported by the Chilean Office of Indonesian Trade Promotion Center (ITPC), announced it has partnered with Asia Pulp and Paper (APP) to recently exhibit APP’s innovative food packaging and premium packaging boards at Espacio Food & Service 2017. The ITPC is a non-profit government organization under the Directorate General for National Export Development of Indonesia and the Espacio Food & Service event is known as one of the most influential food industry get-togethers in Chile and throughout Latin America. “This show was a great opportunity for us to demonstrate that Indonesian companies such as APP can take its rightful place on the world stage, delivering true innovation and industry market demand solutions,” said Ambassador Philemon Arobaya, Indonesian Ambassador to Chile. “Indonesia has so much to offer the world, and we are proud to bring just a small piece of it to Latin America.” Click Read More below for additional detail.

Greif, Inc. and IonKraft, a barrier technology company specializing in plasma-based coatings, are pleased to announce a new pilot-project partnership. The collaboration aims to revolutionize the challenges of recyclability and sustainability in plastic jerrycan packaging that requires an additional barrier solution. Industrial plastic packaging is highly recyclable, but certain applications that require barrier solutions can make recycling more challenging. IonKraft has developed a game-changing coating that utilizes a plasma-enhanced vapor deposition process to create a strong barrier that is non-reactive, chemically inert, and 100% recyclable. Beyond recyclability, the IonKraft barrier technology offers a sustainable alternative to fluorination.