Huhtamaki will set up a greenfield paper cup manufacturing unit in Kiev, Ukraine. With local manufacturing Huhtamaki will be able to better serve both its local and global customers, and help them grow. Huhtamaki has been present in Ukraine since 2002 and is currently serving the market by importing products mainly from its manufacturing units in Poland. The new unit will manufacture a full range of paper cups for cold and hot drinks. Manufacturing operations are expected to begin during 2018 and the unit is expected to employ app. 50 employees. The unit will become part of the Foodservice Europe-Asia-Oceania business segment. click Read More below for additional detail
Total Containerboard production in April increased seven percent compared to April 2019. It was up seven percent when compared to the same four months of 2019.
*April 2020 production of containerboard for export increased 29 percent compared to the same month last year; it was up 41 percent year-to-date.
*The containerboard operating rate was 95.9 percent, up 5.2 points from April 2019 and up 5.6 points year-to-date.
*Mill inventories of containerboard at the end of April decreased 19,000 short tons from the previous month, and were up 28,000 short tons compared to April 2019.