UPM Specialty Papers now offers compostable label face papers for fruit and vegetable stickers

Sonoco announced it is implementing a $50 per ton price increase for all grades of uncoated recycled paperboard (URB) in the United States and Canada, effective with shipments beginning March 1, 2021. Sonoco cited the continuation of extended order backlogs at its mills along with continuing inflation of input costs, especially freight, as the drivers for this pricing action.

Second Quarter 2020 Highlights: *Second quarter net earnings (loss) attributable to International Paper of $266 million, compared with $(141) million in the first quarter of 2020 and $292 million in the second quarter of 2019. First quarter 2020 net earnings included an after-tax charge of $337 million for the impairment of the net assets and write-off of foreign currency translation adjustment following the announcement of the sale of our Brazil Packaging business. *Second quarter adjusted operating earnings* (non-GAAP) of $305 million compared with $226 million in the first quarter of 2020 and $460 million in the second quarter of 2019 *Second quarter cash provided by operations of $890 million and year-to-date of $1.5 billion compared with $1.8 billion year-to-date in the same period of 2019 *Liquidity position of $3.6 billion at the end of the second quarter compared with $3.5 billion at the end of the first quarter, which reflects cash and unused committed facilities

Greif, Inc. announced that it is implementing a $50 per ton price increase for all grades of uncoated recycled paperboard (URB) and coated recycled paperboard (CRB). The recycled paperboard increase is effective with new orders and shipments on and after June 6, 2022. These price increases are in response to inflationary cost increases in transportation, energy, labor, chemicals, maintenance, and other raw materials and continued strong demand across the Greif paperboard and converting network.