Total Packaging Papers shipments were 219,200 tons, 9.5 percent lower than January 2017. Bag & Sack shipments were down 13.4 percent month-over-month and Multiwall shipments were down 19.0 percent. Food Wrapping shipments were up 0.4 percent. The operating rate for January was 84.3 percent, the second lowest over the last 13 months. Inventories were 171,800 tons, up 3.6 percent since December 2017.
http://afandpa.org/media/news/2018/02/22/american-forest-paper-association-releases-january-2018-u.s.-packaging-papers-specialty-packaging-monthly-report
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Paper production in Laakirchen and Steyrermühl is undergoing radical changes. The two sites - in future both part of the HEINZEL GROUP - are to grow together into a center for sustainable packaging papers, renewable energy and wood processing. Several key projects are planned and the projects are being presented at a press conference of Laakirchen Papier AG on Wednesday, December 6th: from the conversion of the paper machines to the production of sustainable packaging papers to the conversion of the energy supply to renewable energy sources through the use of existing recyclable and residual materials to the expansion of district heating. The HEINZEL GROUP is pursuing ambitious climate targets, focusing even more on the circular economy and planning to significantly reduce its consumption of fossil natural gas.
Packaging Corporation of America reported third quarter 2020 net income of $139 million, or $1.46 per share, and net income of $149 million, or $1.57 per share, excluding special items. Third quarter net sales were $1.69 billion in 2020 and $1.75 billion in 2019. Excluding special items, the ($.35) per share decrease in third quarter 2020 earnings compared to the third quarter of 2019 was driven primarily by lower prices and mix in our Packaging segment ($.36) and Paper segment ($.07), lower volumes in our Paper segment ($.33), higher scheduled maintenance outage costs ($.04), and higher freight expense ($.02). These items were partially offset by higher volumes in our Packaging segment $.22, lower operating costs $.20, and lower converting $.04 and other costs $.01.