Sonoco was honored for the transparent way it conducts itself in the areas of Climate Change, Employee Relations, Environment, Finance, Governance, Human Rights and Philanthropy and Community Support. "This award recognizes our unwavering commitment to doing the right thing at all our locations worldwide," said Jack Sanders, president and CEO. "It's our goal to become the acknowledged packaging industry leader in creating and enhancing a sustainable future, benefiting Sonoco's stakeholders through improvement of economic performance, social responsibility and environmental stewardship. This recognition shows us that our hard work is paying off, and we're continuing to make good progress."
The American Forest & Paper Association released its August 2016 Kraft Paper Report, which said total Kraft paper shipments were 151.5 thousand short tons, 6.6 percent higher compared to August of last year.
Bleached Kraft paper shipments increased from 6.7 thousand short tons in July to 9.5 while unbleached Kraft paper increased from 126.3 to 142.1 thousand short tons.
Overall, year-to-date shipments in 2016 were 2.4 percent lower compared to the same period in 2015. Total month-end inventories decreased from 80.2 to 74.7 thousand short tons.