Total Packaging Papers & Specialty Packaging shipments in June increased four percent compared to June 2019. They were up two percent when compared to the same six months of 2019.
The operating rate was 86.8 percent, essentially flat (-0.1 pts.) from June 2019 and down 1.2 points year-to-date. Mill inventories at the end of June decreased 5,000 short tons from the previous month and were up 17,000 short tons compared to June 2019.
https://afandpa.org/media/news/2020/07/17/american-forest-paper-association-releases-june-2020-packaging-papers-monthly-report
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Banavali will focus on building materials science capabilities that can be used as the basis for creating new products, processes and services across the company. He will also partner with WestRock’s commercial, digital, marketing and innovation teams to advance the company’s innovation strategy with a strong focus on more environmentally sustainability products, breakthrough packaging designs and the digitalisation of packaging.
Pratt Chairman Anthony Pratt has been named as the 6th most influential person in the world of pulp, paper and packaging by our industry’s leading information provider. RISI compiled the annual power list for the July/August issue of Tappi’s Paper 360 magazine after polling pulp and paper industry experts from around the globe to determine the top 50 industry executives wordwide. Anthony, who ranked 23rd last year, shot up 17 places as his U.S. company continued to show rapid growth.
The entry reads:
“The company’s go-getter global chairman received a standing ovation from President Donald Trump at an event in New York City in May after pledging to invest in the US. ‘I’d like to pledge another US$2 billion over the next 10 years, doubling our rate of investment, to create an additional 5,000 high-paying manufacturing jobs mainly in the Midwest,’ Pratt said. During the past couple of decades, the Australian billionaire has spent about US$2.5 billion building Pratt Industries into the sixth largest US containerboard producer, with four recycled containerboard mills and more than 60 box plants generating US$3 billion in sales. The Midwest has been a major area of recent investment, but recent speculation has been on Pratt Industries’ future expansion plans in the West, where the company bought Robert Mann Packaging. Pratt has talked of plans to build a US$1 billion corrugated box business in California and possibly add a mill on the West Coast. More recently, he mentioned plans to build a ‘high-tech, robotic’ box plant in California for more than US$70 million that could be capable of producing 135,000 tons/yr of corrugated.”
Norske Skog Golbey will commence production of recycled containerboard in April and start delivery of its first customer volumes. Finalising the pre-commissioning at the containerboard machine is the main outstanding item before the project is completed and production can start. There is no change in the budget for the project. “We are pleased to announce that we are nearing completion of the world-class containerboard machine at Golbey, which will be a significant milestone for Norske Skog and for everyone working at the Golbey mill. Although the final work has taken slightly longer than expected, we look forward to start deliveries of containerboard to our customers shortly,” says Geir Drangsland, CEO of Norske Skog.