Weekly Spotlight
Graphic Packaging, IP to Create $6 Billion Integrated Paper-Based Packaging Company

Over the Wire

TAPPI

Friday, October 27, 2017 - Member
Cristini
By combining with IP's N.A. Consumer Packaging Business, Graphic Packaging will create a leading integrated paper-based packaging company with approximately $6 billion of revenue and $1 billion of EBITDA post-synergies. Graphic Packaging will own 79.5% of the partnership and will be the sole operator. IP will own 20.5% of the partnership.
 
AF&PA: Paper Bag Provision Short Sighted
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Voith and Theirworld Join Forces, Launch Code Clubs for Girls in Tanzania
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Arborjet Offers Plant/Tree Recovery for States Devastated by Hurricanes
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Market Roundup
U.S. P&W Paper Shipments Decline 5% in September
All four of the major P&W paper grades posted year-over-year shipment declines in September 2017.
 
China’s Paper, Paperboard Production up 5.3% y/y in September 2017
Country produced 95.59 million metric tons in September.
 
Bag-in-Box Container Market Worth $4.80 Billion by 2025
CAGR of 6.3% expected for the next eight years, according to new report by Grand View Research.
 
South Korea Pulp Imports Soar in September 2017
However, BSK pulp was still down—4% y/y ytd, and BHK pulp was flat.
 
BASF Corporation
Pulp & Paper
AkzoNobel Expands Chemical Island to Support Growth of Fibria
Chemical Island concept provides pulp mill customers with a sustainable and cost-effective solution for the production and supply of bleaching chemicals as well as services for other chemical processes.
 
Monadnock Announces Kona Label, Tag, and Folding Box
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UPM Paper ENA to Reduce Graphic Paper Capacity, Optimize Operations
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Warehouse Specialist
Containerboard/Packaging
BOBST Receives FEFCO 2017 Gold Award for Innovation
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Kruger Dedicates PM 10 Linerboard Machine at Trois-Rivières Mill
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WestRock Receives 13 Awards at Paperboard Packaging Competition
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New Products
Bonomi N.A. Introduces API 608 Flanged Ball Valves for Severe Service
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Neenah Expands TOUCHÉ Papers, Increasing Soft Touch Offering
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Valmet Expands Applications with New Optical Consistency Transmitters
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Ingredion Incorporated
Sustainability
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UPM Moves Forward in Sustainable Biochemicals Business
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Universal Electric Corp.
People
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Feeser to Retire as President of Superior Technical Ceramics
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IP Names Taylor Mill Manager at Pensacola, Fla., Mill
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TAPPI News
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Have Questions About Kiln and Recaust Problems?
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Free Webinars
Hosted by the TAPPI Nanotechnology and TAPPI Women in Industry Divisions, register for these two upcoming webinars.
 
Course Instructors Offer Impressive Experience
TAPPI Tissue 101 course features a comprehensive schedule with instruction from 5 industry leading subject matter experts.
 
NEW from TAPPI PRESS
The Fifth Edition of the Extrusion Coating Manual
 
TAPPI News Section Delivers to More than 40,000
The association would like to remind everyone who receives this newsletter that all items in the TAPPI News section are available in full detail for both members and non-members. Just remember to click the "learn more..." link to get full information about each TAPPI News story.
 
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The Countdown has started. IBBC 2017 kicks off in just over two weeks and you don’t want to miss it. Gain the industry knowledge you need to be successful in this growing bioeconomy. Register today!
 
TAPPI Industry Career Center: IP Seeks Electrical Reliability Engineer
International Paper is seeking an Electrical Area Reliability Engineer for its Newport, Indiana location.