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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The corrugated packaging industry is experiencing a significant shift towards sustainability, driven by brand owners' ambitious environmental goals and changing consumer preferences. In an era dominated by conversations about eco-conscious printing and a circular economy in packaging, it's worth considering what 'more sustainable' corrugated packaging means. Brand owners are setting ambitious sustainability goals which are directly impacting converters. Many businesses are seeing increased demand for packaging with higher recycled content or a push for fully recyclable or compostable packaging solutions. Furthermore, brands are increasingly asking their suppliers to help reduce carbon emissions across the supply chain, prioritising those that can actively demonstrate they are making a difference with more eco-conscious packaging designs.
Total Boxboard production in May increased two percent compared to May 2019. It was down one percent when compared to the same five months of 2019. The boxboard operating rate was 96.6 percent, up 5.3 points from May 2019 and up 0.9 points year-to-date. *Solid Bleached Boxboard production in May increased two percent compared to May 2019. It was down three percent when compared to the same five months of 2019. *Recycled Boxboard production in May increased four percent compared to May 2019. It was essentially flat (+0.4 percent) when compared to the same five months of 2019. *Unbleached Kraft & Gypsum production in May increased one percent compared to May 2019. It was essentially flat (-0.3 percent) when compared to the same five months of 2019.
Sales of $1,103 million increased by $82 million or 8% compared to the same period last year, reflecting the consolidation of results from the Greenpac Mill beginning in the second quarter, improved pricing and sales mix in all four of the Corporation's business segments, and additional sales from recovery and recycling activities due to higher recycled fibre pricing. These benefits were partially offset by lower volumes in our North American operations, and the stronger Canadian dollar which resulted in a less favourable CAD/USD exchange rate. Third quarter operating income stood at $51 million , a slight improvement from $50 million last year. This performance reflects the inclusion of Greenpac in the current quarter, price increases mainly in Containerboard, and lower Corporate activities costs related to lower stock-based compensation expense. These were offset by higher raw material costs, and higher production costs in Containerboard and Tissue, due to freight and logistics, and increased use of outside contracting. Specific items recorded in the current period (please refer to the ''Supplemental Information on Non-IFRS Measures'' section for more details) decreased operating income by $2 million . On an adjusted basis, third quarter operating income stood at $53 million , down slightly from $55 million in the prior year period. Click Read More below for additional information.