Total Packaging Papers shipments were up 3.0 percent compared to May 2017 but down 0.2 percent year-to-date. Bag & Sack shipments were essentially flat year-to-date, Multiwall shipments were down 3.3 percent, Converting shipments were down 0.4 percent and Food Wrapping shipments were up 3.5 percent. The operating rate for May increased to 94.5 percent from 92.9 percent in April. Inventories were down 3.6 percent since April.
http://afandpa.org/media/news/2018/06/15/american-forest-paper-association-releases-may-2018-u.s.-packaging-papers-specialty-packaging-monthly-report
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Mondi, a global leader in sustainable packaging and paper, has enhanced its Product Impact Assessment (PIA) tool with new environmental key performance indicators (KPIs). The Group’s broad range of life cycle assessment tools are designed to provide science-based, tailored information to customers about the environmental impacts of paper- and plastic-based products for better decision-making. The Group’s PIA tool initially focused on carbon and water scarcity but now has additional KPIs to address further key aspects in the sustainable design of products, such as: ‘Designed for recycling’; ‘Recycling rates in region’; ‘Share of plastics (PO) content’; ‘Share of renewable content’; ‘Share of recycled content’; and ‘Certified for composting’.
Sun Chemical has launched SunCure® Accuflex UV, a new UV ink system for primary and secondary food packaging that is not manufactured with Bisphenol A (BPA)-based materials and meets low migration specifications. Designed for both folding carton and flexible film packaging applications where high press performance, color vibrancy and regulatory compliance are critical, SunCure AccuFlex UV flexo inks offer good adhesion to a variety of film substrates, provide great flexo viscosity stability under high shear conditions, and exhibit excellent UV cure response. Available in North America, SunCure AccuFlex UV inks can be used for a variety of paper packaging applications and feature low post-odor properties that are essential to many brand owners. Click Read More below for additional information.
Peter Oswald, Mondi Group chief executive, said: “Mondi delivered a robust performance in the first half of 2017, with revenue up 8%, underlying operating profit of €497 million and a return on capital employed of 18.7%, reflecting management’s ongoing value focus and the strength of our business model. Profitability was down on the comparable prior year period, mainly driven by a significantly lower forestry fair value gain in South Africa and the impact of mill maintenance shuts. We continue to drive growth through our capital investment programme. During the period, we commissioned the second phase of our major investment in the ongoing development of our world-class facility in Poland, while good progress is being made on the modernisation of our kraft paper facility in Czech Republic. The integration of acquisitions completed during 2016 and early 2017 is on track. These acquisitions enhance our geographic reach and product portfolio in Corrugated Packaging and Consumer Packaging. The market outlook remains broadly positive. We saw strong demand across Packaging Paper and Corrugated Packa ging in the first half and successfully implemented price increases across certain paper grades, the full effect of which is anticipated in the second half. The second half of the year will be impacted by planned maintenance shuts at a number of our mills and the usual seasonal downturn in Uncoated Fine Paper. While we continue to see some inflationary cost pressures, we remain confident of making progress in the year and continuing to deliver industry leading returns." Click Read More below for additional detail.