Light Wrap: The innovative packaging solution tackling CO₂ emissions

WestRock Company announced today a planned investment in its Florence, South Carolina kraft linerboard mill that will significantly increase the mill’s efficiency, quality and service levels. The $410 million investment over two years will include installing a 330” state-of-the-art kraft linerboard machine and related infrastructure that will replace three older, narrow-width paper machines. The company expects the new machine to produce 710,000 tons of kraft linerboard annually. In addition, the company plans to invest approximately $60 million over the next five years to support the new machine and other mill projects. When coupled with the recently completed modern woodyard, the Florence mill will become one of the lowest cost kraft linerboard mills in North America. Click Read More below for additional information.

Caraustar Industries, Inc. announced a price increase of $50 per ton on all uncoated recycled paperboard (URB) grades. The increase on the uncoated recycle board grades will be effective starting with shipments on July 9, 2018. The increase is in response to strong market dynamics and inflationary cost pressures in transportation, chemicals and other recycled paperboard input materials.

Stora Enso will invest approximately EUR 30 million in its Heinola Fluting site in Finland to renew the energy set-up and process equipment. After the investment, the site can replace also the remaining fossil-based fuels with renewable bioenergy. This will reduce the site’s greenhouse gas emissions with more than 90%. "This investment supports Stora Enso’s emissions target, enabling our carbon footprint to reach the lowest levels on the market for Nordic semi-chemical fluting board. As a result, we can help our customers to become more environmental-friendly while at the same time providing them with our premium quality fluting product”, says Henna Pääkkönen, Head of Containerboard Business Unit at Stora Enso Packaging Materials.