"Our challenge is to establish sustainable business models in the flexible packaging industry," says Eckhard Kallies, Director of Flexible Packaging at the Koehler Paper Group. A native of northern Germany, Kallies took up his new position in the Black Forest on March 1. Kallies knows what he's talking about. He's worked in the paper industry for almost 30 years, most recently in the area of paper for flexible packaging. He outlines Koehler's target as follows: "As a newcomer to the field, we will soon make a name for ourselves as an innovative and reliable supplier in the supply chain." The key here is creating target-oriented solutions with converters and brand owners and establishing paper as the packaging material of the future. The construction of a new paper machine at Koehler's site in Kehl on the Rhine river is part of the development of the new product division. It will begin operation in September while the new coating machine will begin operation in July. In addition to conventional papers for flexible packaging, Koehler's decades of expertise in coating technology will enable it to produce papers whose barrier properties will replace plastic in some areas of packaging.
Smurfit Kappa has launched an innovative new range of premium papers that are suitable for both digital and flexographic printers. The DigiStar® paper was developed in response to a growing demand in the market for a multi-purpose premium solution delivering high quality printing results. Smurfit Kappa harnessed its expertise and experience in paper to develop a unique and sustainable solution that can maximise the capabilities of digital print and work hand-in-hand with both digital and flexographic printers. The new paper range brings a wealth of benefits to the packaging industry. By using one type of paper for multiple printers, the true benefit of digital is maximised, delivering high quality graphics combined with high flexibility. In addition, wastage is reduced and stock is easier to control. As well as digital printing, the paper is also suitable for both UV and water-based inks providing more choice for customers. Click Read More below for additional detail.
Containerboard production decreased 1.8 percent compared to February 2018 and was down 1.4 percent year-to-date. The average daily production compared to January 2019 was 3.8 percent lower. The containerboard operating rate was 89.5 percent, 6.2 percentage points lower than the same month last year and down 3.9 points year-to-date. Production for export continued its steep decline and was nearly 30 percent lower than February 2018, dropping below 300 thousand short tons for the first time since May 2010.
Total boxboard monthly production decreased 0.8 percent when compared to February 2018. The total boxboard operating rate was 97.4 percent for February. Total Solid Bleached Boxboard & Liner production was up 3.3 percent year to date; Recycled Boxboard production rose 2.6 year to date; and Unbleached Kraft & Gypsum declined 1.3 year to date.
Total Packaging Papers shipments were down 3.3 percent from February 2018 and flat year-to-date. Bag & Sack shipments were down 2.0 percent year-to-date; Multiwall shipments were up 4.4 percent; Food Wrapping shipments were up 0.9 percent; and Converting shipments were down 0.6 percent. The operating rate for February decreased to 89.5 percent compared to 91.3 percent in January. Inventories remained essentially flat since January and were 3.4 percent lower than the same month last year.
Consolidated sales of the Group totaled EUR 2,337.7 million and thus were at previous year's level (2017: EUR 2,336.8 million). A price-related increase in sales at the cartonboard division contrasts with a slight decrease at the packaging division. At EUR 217.1 million, an operating profit above the previous year's level was achieved (2017: EUR 215.0 million). The Group’s operating margin reached 9.3 % (2017: 9.2 %), the return on capital employed 15.5 % (2017: 15.1 %). Profit before tax increased by 6.0 % to EUR 217.9 million (2017: EUR 205.5 million). Income tax expenses totaled EUR 53.7 million (2017: EUR 50.5 million), with the effective Group tax rate for 2018 remaining constant at 24.7 % (2017: 24.6 %). Profit for the year rose by 5.9 % to EUR 164.2 million (2017: EUR 155.0 million). Click Read More below for additional detail.
New trends in pharma packaging are closely related to developments in emerging markets, demographic changes and new technologies. Emerging countries influence the worldwide pharmaceutical market in many aspects. As the population is getting older, densely populated countries such as China and India extend the access to healthcare system to a larger number of people. Generics are on the rise here, as they are more affordable and also due to the expiry of big pharma patents. Populations are aging at an even faster rate in emerging countries than in developed countries. WHO estimates that between 2010 and 2050, the number of older people in less developed countries is projected to increase more than 250%, compared with a 71% increase in developed countries. As life expectancy improves, healthcare professionals have to deal with increased number of chronic illnesses affecting people at an older age, and are non-communicable, such as dementia, cancer, arthritis. Click Read More below for additional detail.
Sealed Air Corporation announced it was recognized by CDP as an industry leader for the fifth consecutive year. Sealed Air has earned an A- rating in the CDP Climate Change ratings report for 2019. This rating is higher than its reporting sector average and the North American average. The company has voluntarily reported each year for the last five years. “We are pleased to be recognized by CDP as an industry leader for our commitment to designing innovative packaging solutions that reduce environmental impacts from our operations and those of our customers,” said Ted Doheny, Sealed Air President and CEO. Click Read More below for additional detail.
Rapak develops a cost-effective, sustainable and convenient Bag-in-Box packaging and dispensing solution for chilled coffee. According to Statista, in 2017, sales of cold brew coffee jumped to $38.1 million, a 370% increase from the $8.1 million in 2015. With specialty coffees on the rise both in and outside of the home, Rapak North America, part of DS Smith Plastics, has developed a Bag-in-Box flexible packaging and dispensing solution for cold brew and nitro coffee, concentrates, and iced coffee. Rapak’s Bag-in-Box offering is ideal for retail, at home and for commercial dispensing machines at restaurants and convenience stores. Bag-in-Box flexible packaging is a perfect solution for specialty coffee products when compared to plastic bottles or kegs. Rapak’s specially-designed high barrier bag for Bag-in-Box cold brew coffee is comprised of a Nylon-EVOH co-extruded film, providing puncture resistance and excellent oxygen barrier which preserves product freshness longer than other packaging alternatives. Click Read More below for additional detail.
Amcor Limited and Bemis Company, Inc. announce that further, important progress has been made towards completion of their all-stock transaction, with the filing of shareholder documentation and finalisation of Board of Director and Senior Leadership appointments. The combination of the two complementary companies offers a transformational and unique opportunity to create the global leader in consumer packaging, with the footprint, scale and capabilities to deliver an industry leading value proposition for customers and employees, and the most significant innovations for the environment. Click Read More below for additional detail.