SCA to increase kraftliner prices by €50 per tonne

Green Bay Packaging (GBP) has announced that it is in the first phase of evaluating construction of a new, state of the art recycled containerboard machine at its location in Green Bay Wisconsin. The 220” machine would be operational in 2020 and would replace the Company’s existing 164” trim machine, originally constructed in 1950. The investment would increase GBP’s recycled containerboard capacity by over 70%.

Flint Group Packaging Inks, a leading provider of print consumables and equipment for the global packaging industry, has confirmed that its new Russian production site is on track for completion despite the challenges of the Covid-19 pandemic. Developed to support Flint Group Packaging Inks’ customers, the new facility, located south west of Moscow in the Kaluga region, further strengthens the company’s leading supply position in the strategically essential Russian packaging market. Importantly, the investment brings the company closer to its customer base by facilitating greater localisation of manufacturing, technical and commercial services and is perfectly positioned to service both local and international package printers.

Sonoco announced it will increase prices for its paper-based tubes and cores by a minimum of 6 percent in the United States and Canada, effective with shipments beginning July 16, 2018. “The price increase is necessary due to ongoing increases in uncoated recycled paperboard (URB), the largest input cost for tubes and cores. URB demand remains strong and the marketplace is extremely tight, with operating rates pushing 100 percent,” said Doug Schwartz, division vice president of sales and marketing. “In addition, the rising cost of transportation remains a headwind due to lack of capacity linked to recently imposed driver regulations. As a result, Sonoco will be implementing a new policy of selling certain large diameter tubes that have less space utilization yields at F.O.B. from our operations.”