Caraustar Industries, Inc. announced a minimum price increase of 7.0% on all paper tube and core products. The increase will be effective starting with shipments on July 18, 2018.
The increase is in response to strong market dynamics and inflationary cost pressures in transportation (both inbound and outbound) and chemicals.
https://www.prnewswire.com/news-releases/caraustar-announces-a-minimum-7-0-price-increase-on-all-paper-tube-and-core-products-300667742.html
Related Posts
At EUR 1,903.5 million, the Group's consolidated sales almost reached the previous year's level (1-3Q 2019: EUR 1,924.3 million). At EUR 169.3 million, the operating result was 13.4% or EUR 26.3 million below the previous year's figure (1-3Q 2019: EUR 195.6 million). This includes one-time expenses of EUR 57.5 million from adjustments necessary for market and structural reasons as well as the termination agreement with the former CEO. Of this, EUR 38.5 million are attributable to the cartonboard division and EUR 19.0 million to the packaging division. As a result, depreciation rose from EUR 101.6 million to EUR 137.8 million. The Group's operating margin was 8.9% (1-3Q 2019: 10.2%).
Pregis® launches the Pregis EasyPack® GeoTerra® Auto Dispenser to the North American Market. Engineered with a packer-centric focus, this new dispenser for GeoTerra paper-based packaging boosts productivity for businesses seeking efficient, wrappable solutions that support curbside recyclability. Building on the success of the manual GeoTerra dispenser launched in 2022, the new auto dispenser offers a faster, more streamlined solution for high-volume operations. GeoTerra paper continues to provide light-cushioning and interleaving protection, combined with an aesthetic design that elevates the unboxing experience. This makes it an ideal choice for e-commerce, home goods, beauty, nutraceuticals, and other consumer-product brands where product protection and presentation are paramount.
Huhtamaki is pleased to announce the commencement of smooth molded fiber (SMF) production at Huhtamaki’s existing molded fiber facility in Lurgan, Northern Ireland. This expansion marks an important step in Huhtamaki’s ongoing commitment to meeting the growing demand for sustainable packaging solutions. This investment will increase Huhtamaki's global capacity and footprint in SMF products, complementing our existing SMF production sites in Germany, Holland, and the USA, as well as capacity created together with our strategic partners in Asia. Building on Huhtamaki’s 40-year of experience in fiber products, our in-house state-of-the-art SMF technology provides products with superior quality and competitiveness. All Huhtamaki fiber lids come with a patented and unique click-fit function to ensure the most secure lid closure. Huhtamaki fiber lids, like all other Huhtamaki SMF products, are home compostable and easy to recycle.