New Green Bay Packaging paper mill starts production (wearegreenbay.com)

At Georgia-Pacific, we know that natural resources are entrusted to our care and we are proud to make products that customers and consumers need in a responsible and sustainable way. This Earth Day, we are highlighting our investments in one of our many innovative and sustainable solutions – recyclable padded mailers. The growing customer and consumer demand for sustainable and efficient packaging drove our innovation efforts for producing packaging that could be recycled. Our EarthKraft™ mailers are made from 100% legally and responsibly sourced wood and are a paper-based alternative to plastic poly and bubble-padded mailers. As of 2022, over half a billion mailers have successfully been shipped and are on track to reach over one billion in 2023. EarthKraft™ mailers are SFI ® Certified which means we follow forestry best management practices to protect the land, habitat, and drinking water. Not only do our mailers create less waste, they also have a 96% re-pulpability rate which means they can be turned into more mailers (or even boxes).

-Second Quarter Financial Highlights include (all results compared to the second quarter of 2022 unless otherwise noted): *Net income of $111.2 million or $1.90 per diluted Class A share decreased compared to net income of $125.1 million. Net income, excluding the impact of adjustments(1), of $103.8 million decreased compared to net income, excluding the impact of adjustments, of $144.9 million. *Net cash provided by operating activities increased by $71.6 million to $210.8 million. Adjusted free cash flow(3) increased by $70.7 million to a source of $185.5 million.

Inteplast’s AmTopp Division has begun production on one of its two stretch film extrusion lines and will increase its current workforce by more than 37 percent in time for mid-September, when the second stretch film line goes into production. Stretch film, made from linear low-density polyethylene, is used to secure goods during their transport, allowing for palletized loads and other profile types to be stabilized, unitized, and protected from dust or other unhygienic or corrosive elements. Combined, the stretch film and pre-stretch extrusion lines are estimated to yield a monthly average of 2 million pounds in product until the startup of the second stretch film line, when it increases to 5 million pounds. Currently the plant’s pre-stretch production has averaged more than 500,000 pounds per month for the last year-and-a-half. The Remington facility is slated to produce up to 60 million pounds of film per year. AmTopp Division President Homer Hsieh said that the stretch film product offerings available at Remington now mirror the facility’s four sister plants in Lolita and Houston, TX; Charlotte, NC; and Phoenix, AZ.