Total boxboard production increased 6.3 percent when compared to May 2017 and increased 2.3 percent from last month. Unbleached Kraft Boxboard production decreased over the same month a year ago and decreased compared to last month. Total Solid Bleached Boxboard & Liner production increased when compared to May 2017 and increased compared to last month. The production of Recycled Boxboard decreased compared to May 2017 but increased when compared to last month.
http://afandpa.org/media/news/2018/06/19/american-forest-paper-association-releases-may-2018-boxboard-report
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Silgan Holdings Inc. announced that, as part of the continuation of its long-term succession planning, its Board of Directors has appointed Adam J. Greenlee as Chief Executive Officer of the Company, effective September 1, 2021. Mr. Greenlee will also continue as President of the Company. Mr. Greenlee joined Silgan in 2005 and ran its North American Closures operations prior to being appointed Executive Vice President of the Company in October 2007. Mr. Greenlee was named Chief Operating Officer of the Company in 2009 and was appointed President of the Company in April 2019. Tony Allott has served as Chief Executive Officer of the Company since March 2006, only its second CEO since its founding in 1987. Mr. Allott will continue to serve as Executive Chairman of the Company. “Adam and I have worked closely together on every major activity of Silgan for the past decade and he has been responsible for the oversight of each of our operating businesses in recent years. Just as importantly, Adam understands and personifies the unique culture of our Company and has consistently shown his ability to deliver results as Silgan has continued on its path of growth and success. While I am sure his leadership will explore new ideas and opportunities, I am equally confident it will be founded on the ideals and principles that have served us so well in the past,” said Tony Allott, Chairman and CEO.
Ahlstrom has led the marketplace in the movement towards more sustainable solutions for fiber-based food packaging, and its new generation of FluoroFree® technology is achieving grease-resistance in the most challenging food packaging applications. Ahlstrom’s FluoroFree® technology has expanded to its PawPrint® line of multi-wall, fiber-based pet food packaging papers, in addition to its Tempera® Microwave Popcorn papers and Servera® Quick Service Restaurant products. For applications in need of fully sustainable packaging and grease barrier wrapping such as bouillon cubes, FluoroFree® provides the solution utilizing alternative materials to films and foils. In addition, Ahlstrom’s Genuine Vegetable Parchment products are naturally greaseproof papers that are also certified Home Compostable.
Sales of $1,030 million (compared with $956 million in Q2 2021 (+8%) and $1,014 million in Q3 2020 (+2%)) *Operating income of $73 million (compared with $23 million in Q2 2021 (+217%) and $54 million in Q3 2020 (+35%)) *Net earnings per common share of $0.32 (compared with $0.02 in Q2 2021 and $0.51 in Q3 2020)