Net sales for the fourth quarter were $1.4 billion, an increase of $56.6 million, or 4.4 percent, from last year’s quarter. The improvement reflects sales added by acquisitions and higher selling prices implemented to recover rising raw material, freight and other operating costs, which were partially offset by the negative impact of foreign exchange and lower volume primarily in the Consumer Packaging and Paper and Industrial Converted Products segments. Gross profits were $254.3 million in the fourth quarter, an increase of $9.9 million or 4.0 percent, compared with $244.4 million in the same period in 2017. Gross profit as a percentage of sales was essentially flat at 18.8 percent. Click read more below for additional detail.
Rayonier Advanced Materials paperboard division is pleased to announce the launch of their new Folding Grade Kallima box™.
Customers of Kallima® coated paperboard will continue to benefit from the strength and versatility they’ve come to expect from Kallima® commercial printing grades, but with a new product option that delivers a foldable, printable, boxable solution for all their packaging, cartons, POP displays and other projects.
As Martin Lavoie, Vice President of Sales and Marketing stated: “Our customers from the commercial print markets have come to appreciate the main benefits of Kallima: its lower basis weight and its North American footprint. We are now pleased to offer this unique combination of advantages to packaging converters.”
Kallima box™ is a 3-ply FBB (folding boxboard) grade manufactured in North America. It is coated one side and is available in 14 pt, 16 pt and 18 pt, with consistent printability and reliability on press. Its low-density high yield pulp content and multi-ply construction brings significant savings due to the basis weight advantage over competing SBS products. Available in sheets and rolls, FDA-compliant for dry food contact and FSC-certified® upon request.
The addition of Kallima box™ allows for greater product diversification and expansion into new markets, specifically the packaging segment.