SCA to increase kraftliner prices by €50 per tonne

Metsä Board, a leading European producer of premium fresh fibre paperboards and part of Metsä Group, and the Finnish start-up company Esbottle have been jointly developing an ecological and appealing paperboard flute cup concept that meets the need to reduce the use of plastic. The newly designed paperboard cup is a stylish solution for celebration drinks, as well as lightweight and easy to transport and recycle. It can be personalised using traditional printing methods and special effects. Esbottle, based in Espoo, develops innovative, responsible and high-quality solutions for the beverage and food industry. The innovative shape of the paperboard cup is the result of collaboration between Esbottle and Metsä Board's packaging design team. The classic flute shaped design consists of two parts enabling the cup and base sections to be stored inside each other so they can be transported and recycled efficiently.

Berry Global Group, Inc. announced an agreement with PureCycle that will provide Berry with PureCycle’s Ultra-Pure Recycled (UPR) advanced recycled resin. This agreement is the latest in a growing list of advanced recycling material sourcing announcements from Berry and is the Company’s second based in North America. If given the option to buy products with recyclable or compostable packaging, 47% of Americans opt for recyclable products as their first choice, and 20% prefer compostable products. (Ipsos, Aug. 2021) *77% of Americans are concerned about the environmental impact of products they buy, and 78% are more likely to purchase a product that is clearly labeled as environmentally friendly. (Greenprint, April 2021) *64% of consumers say that buying sustainable products makes them feel happy about their purchases (this reaches 72% in the 25-35 age group). (Capgemini Research Institute, July 2020). As demand for sustainable products grows, customers look to Berry for access to recycled material and packaging design expertise to maintain their brand image and package performance. As a result, Berry continues its leadership position in the converter market for access to recycled plastic material – over 600 million pounds per year by 2025.

Total Containerboard production in December increased three percent compared to December 2019. It was up four percent when compared to the same 12 months of 2019. December 2020 production of containerboard for export decreased 22 percent compared to the same month last year; it was up nine percent year-to-date. The containerboard operating rate was 93.7 percent, essentially flat (-0.1 pts.) from December 2019 and up 2.3 points year-to-date. Mill inventories of containerboard at the end of December increased 3,000 short tons from the previous month and were up 3,000 short tons compared to December 2019.