American Forest & Paper Association Releases September 2020 Containerboard Monthly Report

Asahi Breweries, Ltd., one of the largest Japanese beer companies headquartered in Tokyo, announced that it will be the first user1 of CanCollar® Eco Plus technology in the Japanese market as it rolls out a market test with its Asahi Super Dry brands in October 2021. Made from WestRock’s PEFC-certified CarrierKote® paperboard, CanCollar® Eco Plus packaging is recyclable and comes from sustainably managed forests. The innovative can clip design uses no glue and significantly less material than a fully enclosed box. According to Asahi, using this packaging enables the paper surface to be reduced by 77 percent for 6-can 350 ml packs and 81 percent for 6-can 500 ml packs, compared to the 6-can pack materials used in the past. Furthermore, the weight of paper used can be reduced by 65 percent for 6-can 350 ml packs and 73 percent for 6-can 500 ml packs.

Second quarter 2023 net income (loss) was $(18.9) million compared to net income (loss) of $14.9 million in the second quarter of 2022. Net income (loss) from ongoing operations, which excludes special items, was $(2.0) million in the second quarter of 2023 compared with $17.2 million in the second quarter of 2022.

Packaging graphics create a first and lasting impression in the minds of consumers when making purchasing decisions. To help our customers maximize this important opportunity, we have amassed deep graphic design and printing expertise, commercialized a robust portfolio of innovative inks and finishes and opened multiple beverage can reprographics studios around the world to help our customers take designs from an initial concept to production-ready artwork. We get great enjoyment from collaborating with our customers to achieve extraordinary results and appreciate that our work continues to be recognized by the industry at large. Here are just a few of the honors we received this year: