Total boxboard production increased 2.9 percent when compared to August 2016, and increased 0.7 percent from last month. Unbleached Kraft Boxboard production increased over the same month as last year and increased compared to last month. Total Solid Bleached Boxboard & Liner production increased when compared to August 2016, but decreased compared to last month. The production of Recycled Boxboard decreased compared to August 2016, but increased when compared to last month.
http://afandpa.org/media/news/2017/09/19/american-forest-paper-association-releases-august-2017-boxboard-report
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Fourth Quarter Results Include (all results compared to the fourth quarter 2022 unless otherwise noted): *Net income of $67.8 million or $1.16 per diluted Class A share compared to net income of $99.5 million or $1.67 per diluted Class A share. Net income, excluding the impact of adjustments(1), of $90.9 million or $1.56 per diluted Class A share compared to net income, excluding the impact of adjustments, of $109.0 million or $1.83 per diluted Class A share. *Net cash provided by operating activities decreased by $83.1 million to $203.5 million. Adjusted free cash flow(3) decreased by $98.3 million to $136.2 million. Fiscal Year Results Include (all results compared to the fiscal year 2022 unless otherwise noted): *Net income of $359.2 million or $6.15 per diluted Class A share compared to net income of $376.7 million or $6.30 per diluted Class A share. Net income, excluding the impact of adjustments, of $358.7 million or $6.14 per diluted Class A share compared to net income, excluding the impact of adjustments, of $471.2 million or $7.87 per diluted Class A share. *Net cash provided by operating activities decreased by $8.0 million to $649.5 million. Adjusted free cash flow decreased by $25.1 million to $481.2 million.
Berry Global Group, Inc. released its 2020 Impact Report and GRI Index against its Impact 2025 strategy. In addition to this year’s report, Berry has increased its sustainability transparency by adding a comprehensive Environmental, Social, and Governance (ESG) Appendix, Sustainability Accounting Standards Board Response (SASB), and document aligning to the United Nations Sustainable Development Goals (UNSDG). Throughout the report, Berry spotlights its sustainability achievements from its 2020 fiscal year. In step with Berry’s efforts and commitments to promote a more circular economy, the Company has invested heavily in increased access to recycled content and is helping its customers achieve the growing needs of their consumers. Through its success in package light-weighting, integration of post-consumer resin (PCR), design for circularity, and use of bio-resins, Berry continues to collaborate with customers to meet and exceed their sustainability goals. Notable highlights of progress regarding Berry’s environmental sustainability goals include: *Record percentage of PCR used *Secured access to 600 million pounds of PCR content by 2025 *Increased focus of lifecycle assessments *Announcement of closed loop program with Georgia-Pacific Recycling *Over 165,000 MWh of renewable energy purchased *Reduction in absolute water usage by two percent *ISCC Plus certification for seven sites in 2020, ensuring traceability of circular resins *Reduction of greenhouse gas emissions by seven percent
Conwed, a Mativ brand and globally recognized netting manufacturer, unveiled its newly refreshed branding and a contemporary website that more distinctly features its innovative extruded, oriented, and multilayer netting offering for agriculture, packaging and consumer goods, filtration, industrial, medical, erosion control, energy applications, and more. The new look honors Conwed’s legacy and credibility while advancing the brand as modern and innovative. The visual identity pays homage to the original Conwed logo and includes a globe representing how Conwed often “hold the world together.” “Conwed is well-known for its innovative products and industry leading quality. Our new visual identity reintroduces customers to the idea that Conwed is an essential partner of leading manufacturers in a variety of markets,” says Vishal Rao, President, Industrials business unit, Mativ.