Total boxboard production decreased 1.9 percent when compared to March 2017 but increased 5.2 percent from last month. Unbleached Kraft Boxboard production increased over the same month a year ago but decreased compared to last month. Total Solid Bleached Boxboard and Liner production increased when compared to March 2017 and increased compared to last month. The production of Recycled Boxboard decreased compared to March 2017 and increased when compared to last month.
http://afandpa.org/media/news/2018/04/20/american-forest-paper-association-releases-march-2018-boxboard-report
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Digital print for packaging and displays has many benefits and is ideal for customers who are looking for alternatives to traditional offset printing which is a plate or tooling driven process. It offers a way to professionally brand protective packaging and in-store signage and displays with custom print without the need for large production runs. Digital printed packaging, labels, and displays is a fast-growing market – and for good reason – it offers many benefits to the customer including:
•Cost Effective: Digital print requires no die-cut tooling or print plates which can be an unexpected upfront expense for the customer or out of range cost for smaller businesses.
•Small Production Runs: Digital print allows for production of small volume jobs and print runs.
•Universal Application: Digital print has a universal application and prints on any substrate including metal, plastic, wood and corrugated paper. Click Read More below for additional details.
Multi-Color Corporation completed its acquisition of the Labels Division of Constantia Flexibles from Constantia Flexibles GmbH in a cash and equity transaction valued at approximately $1.3 billion (€1.15 billion). The combined annual revenues of the two businesses will be approximately $1.7 billion. The combination brings together Constantia Labels' high performing Food and Beverage business with Multi-Color's strong Home and Personal Care and Wine and Spirits platforms, as well as its emerging global position in Healthcare. The acquisition will provide additional growth opportunities for Multi-Color in Home and Personal Care through Constantia Labels' European operational footprint and assets, and for Constantia Labels in Food and Beverage through Multi-Color's US operational footprint and assets. The stronger combined footprint in Asia will provide further revenue opportunities. We are delighted to welcome Constantia's 2,800 associates to the Multi-Color team, as well as Mike Henry, current Executive Vice President and Head of Constantia Labels, who today becomes CEO-elect of Multi-Color and will be appointed Chief Executive Officer in January 2018.
Highlights • Strong financial performance ◦ Underlying EBITDA of €1,503 million, up €150 million year-on-year (11%), with second half up 29% ◦ Profit before tax of €983 million, up 28% ◦ Basic underlying earnings per share of 154.0 euro cents, up 19% ◦ ROCE up at 16.9% ◦ Continued good cash generation and strong balance sheet of 1.2x net debt to underlying EBITDA ◦ Recommended full year dividend of 65.0 euro cents per share, up 8% • Good progress on all elements of our sustainability roadmap, Mondi Action Plan 2030 (MAP2030) • Successful execution and delivery of key investments • Strong pipeline of capital investment projects to further capture growth in our packaging markets, building on our leading market positions and long track record of disciplined capital allocation, including €1 billion of expansionary projects approved or under advanced evaluation • Accelerated climate plans - committed to transition to Net-Zero by 2050, in line with a 1.5°C scenario • Agreed sale of Personal Care Components business in February 2022 to deliver greater focus • Well-positioned for the future, with unique portfolio of leading sustainable packaging solutions, cost-advantaged asset base and strong financial position