Containerboard production was essentially flat compared to September 2016. The month-over-month average daily production compared to August 2017 was 3.8% lower. The containerboard operating rate for September decreased from 97.2% to 95.9%, which was 0.9 percentage points lower than September of last year. Year-to-date production of containerboard for export is up 2.2%, with the September volume falling 13.6% below the same month last year.
http://afandpa.org/media/news/2017/10/18/american-forest-paper-association-releases-september-2017-containerboard-report
Related Posts
Mondi is expanding production of its innovative range of paper-based EcoWicketBags. This comes in response to increasing demand for sustainable packaging in the home and personal care (HPC) industry, particularly for products such as diapers and feminine hygiene products. By expanding the production of EcoWicketBags at its plant in Szada (Hungary), Mondi further leverages the Group’s integrated value chain, from in-house paper production to coating and converting. EcoWicketBags are made from Mondi’s FunctionalBarrier Paper 95/5 – an exceptionally strong kraft paper which can be customised with specific barrier and protective properties to meet diverse product needs. They are available in a variety of sizes for different applications and provide protection from filling to transporting and storage, as well as being ideal for printing customer branding. EcoWicketBags are made from a renewable material and designed to be recycled in standard European paper recycling mills according to the 4evergreen guidelines.
Georgia-Pacific is making a significant investment of more than $20 million at its plant in Lebanon, Tennessee. Its existing corrugator will be replaced with a new one to provide the plant with more throughput and provide customers with a better-quality product. “This is as much an investment in our current and future customers as it is in our Lebanon operations,” said Rob Streeter, Georgia-Pacific’s area general manager. “This new technologically advanced corrugator will give us the ability to supply the independent and integrated box and display customers throughout the mid-South, with upgraded offerings such as two-sided high-quality print, including Georgia-Pacific’s Hummingbird® digital print, on a variety of fluting options for the converted board.” The project will be conducted in phases through 2023 while the existing corrugator continues to operate. The planned startup of the new unit will be sometime in the first half of 2024.
Q4 2023 Highlights *Sales of $1,138 million (compared with $1,198 million in Q3 2023 and $1,135 million in Q4 2022); *Operating loss of $(24) million (compared with operating income of $80 million in Q3 2023 and operating loss of $(20) million in Q4 2022); 2023 Annual Highlights *Sales of $4,638 million (compared with $4,466 million in 2022); *Operating income of $40 million (compared with $33 million in 2022); *Net debt1 of $1,882 million as of December 31, 2023 (compared with $1,966 million as of December 31, 2022). Net debt to EBITDA (A) ratio1 of 3.4x, down from 5.2x as of December 31, 2022; *Total capital expenditures, net of disposals, of $46 million in Q4 2023 and $343 million in 2023. The Corporation's 2024 forecasted net capital expenditures of approximately $175 million is unchanged.