| Friday, May 3, 2019 - Member
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In This Issue |
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Weekly Spotlight
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Market Roundup
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Pulp & Paper
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Containerboard/Packaging
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Legislative
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New Products
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Published Pricing
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Sustainability
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People
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Your Opinion Matters
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TAPPI News
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Weekly Spotlight
Sappi North America, Inc., a leading producer and supplier of diversified paper and packaging products, today announced the call for entries for its 2019 Ideas that Matter grant program, inviting designers to show the world how print can play an important role in changing lives for the better. This year, the company celebrates the 20th anniversary of the program, which Sappi established to support designers who apply their creative talents to benefit causes that address significant issues facing our society.
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Representatives of the American Forest & Paper Association (AF&PA) partnered with the Illinois Manufacturers’ Association to underscore the value of the paper and wood products manufacturing industry to the state’s economy during Illinois Business Day – #ILBizDay2019. In meetings with legislators at the state capital in Springfield, AF&PA advocated for public policies that underscore the paper and wood products sector value and strengthen its ability to grow the economy and create jobs. Members of other manufacturing sectors did the same for their individual industries.
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Market Roundup
2019 started well for the Koenig & Bauer group, posting a double-digit increase in order intake in the first quarter year-over year to €276.4m. This strong growth, which exceeded the industry average, was underpinned by significantly more orders for services and for folding carton, direct glass and security printing presses. At €230.7m, revenue exceeded the previous year’s figure by 6.2%. EBIT was still slightly in negative territory due to the low revenue level, coming to –€2.8m despite high market-entry and growth-related expenses, and was thus not far off the previous year’s figure of –€1.9m. At –€4.9m, group net earnings in the first quarter of 2019 translate into earnings per share of –€0.30.
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Company, Inc. (Bemis) yesterdayannounced that its shareholders voted to approve Bemis’ combination with Amcor Ltd.at the company’s Special Meeting of Shareholders held earlier today. Nearly 76% of shares outstanding voted in favor of the transaction; of the votes cast, approximately 96% were in favor of the transaction.
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Pulp & Paper
To help businesses and government better secure products as they are distributed, Xerox (NYSE: XRX) today introduced two printed electronic labels (also known as "printed memory") that can collect and store information about the authenticity and condition of products.
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WestRock Co. Atlanta, Ga., USA, is expanding its capabilities to support the beauty & personal care, nutraceutical and media industries with the acquisition of UBS Printing Group, Inc. (UBS). The acquisition further extends the company’s geographical footprint on the U.S. West Coast and will become a part of WestRock’s Multi Packaging Solutions business.
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Containerboard/Packaging
May 1, 2019
American Litho signed for a new HP PageWide Web Press T240 HD at Inkjet Summit 2019 to expand data-driven, variable content color printing services. The high-speed HP PageWide Web Press T240 HD is the most productive and versatile press in its class, delivering high-quality inkjet color using HP’s High Definition Nozzle Architecture (HDNA) technology. The Chicago-area printer and multi-channel communications provider serves clients in financial services, insurance, retail, health care, fast food, travel, entertainment, health and beauty, education and more. "The HP PageWide HD system gives us the power to offer 100% variable content at a level of speed and cost efficiency that provides solutions for our customers’ needs. It also opens the doors to new possibilities," said Mike Fontana, President, American Litho. Click Read More below for additional information.
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Cascades Sonoco, a joint venture of Cascades Inc. and Sonoco Products Company, mon May 1 inaugurated the expansion of its facility in Birmingham, Ala., USA, and its new production line of innovative, eco-friendly packaging. This important investment of US$17 million enables the facility to now produce a water-based functional coating solution to create recyclable, repulpable and compostable containers. Numerous partners, clients, suppliers and employees took part in the event.
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Caraustar Industries, (Cedartown, Ga., USA) one of the nation’s largest integrated manufacturers of 100 percent recycled paperboard and converted paperboard products, installed the market-proven HP Indigo 30000 Digital Press in its Pineville, North Carolina facility. The company is using the press to digitally produce folding cartons with faster speed to market, variable data for mass customization, and reduced waste and obsolescence.
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As Ingersoll Paper Box Co Limited nears its century mark of proudly being in the folding carton business, this 97-year-old Canadian firm continues to invest in the latest technology to maintain its strong growth. A few years ago the firm increased its print output with the addition of a Koenig & Bauer Rapida 106 seven-color 41-inch fully-automated printing press—the first of its kind in North America. Fast-forward to today and Ingersoll has opted for another Koenig & Bauer model for its post-press department—a new high-speed Koenig & Bauer-Iberica Optima 106K die cutter, which was operational in January.
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Legislative
The antidumping duties range from 14,9% to 29,0 % and apply among others on volumes sold by Mondi, Billerud Korsnäs, Kapstone Kraft Paper, Oji Paper and Nippon Paper.
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New Products
UPM Raflatac has widened its food labeling product range with two new peel and reseal label materials for the European market. PEEL-RSEAL PP WHITE FTC 60 and PEEL-RSEAL PP CLEAR FTC 50 are ideal solutions for more demanding re-closure labeling applications where the packaging will be opened and closed multiple times.
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In mid-April, Sappi is launching its new Atelier paperboard, developed under the motto "brilliance meets function". The special feature of the new GC1 board lies in its unrivalled combination of visual and physical features. Atelier combines a large specific volume with a high stiffness, as well as a high surface quality with a unique 100-percent brightness. The folding boxboard GC1 is offered in grammages ranging from 240 to 350 g/m2.
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Published Pricing
Please be advised that effective with shipments on or after April 21, 2017, Tembec is increasing the pricing for Kallima Litholam rolls and sheets by $2.50/cwt.
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Sustainability
SCA cooperates with approximately 25 contractors as part of the planting work. This in turn means almost 500 planters will be active in the forests, from Svappavaara in the north to Hassela in the south. The planters are from many different countries, including the Czech Republic, Estonia, Latvia, Romania, Ukraine and Nepal. They begin planting in mid-May and continue into October.
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Extreme weather conditions will increase globally due to the magnitude of climate change. The change in variables like heavy rain falls, wind and snow damages or drought are posing a threat to the balance of nature. Droughts have already increased the risk for forest fires in many areas.
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Has a constant stream of negative press questioning recycling’s effectiveness led some consumers to worry about whether recycling is "worth it?" Fortunately, there is good news to share. Survey data released by the Paper and Packaging Board (P+PB) in its 2018 Campaign Impact Report reveals that 83 percent of consumers surveyed agree recycling paper of all kinds is still worthwhile.
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People
Denmaur Paper Media is pleased to announce that Harry E Gould Jr has acquired an interest in its business. With immediate effect, Mr. Gould has become the majority shareholder and will work with the current board of Directors and Denmaur employees to further the growth of the business. Stephen Mason remains as non-executive Chairman, Mike and Nick Gee both continue in their current roles.
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Your Opinion Matters
Georgia-Pacific (Atlanta, Ga., USA) Naheola, Alabama, mill is set to receive an investment of more than $120 million for a new tissue machine and roll storage building to support the company’s retail bath tissue business.
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TAPPI News
Explore innovations in enzymes, biological control, injection systems and more at TAPPI’s Introduction to Wet End Chemistry Course!
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Deepen your knowledge in commercial papermaking with two courses: Advanced Papermaking: Formation and Advanced Papermaking: Additives. These two-day courses in May will be led by Dr. Gerry Ring, provide hands-on training at the University of Wisconsin-Stevens Point.
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Mills are eager to learn new cost-cutting and optimization strategies at PEERS 2019. Interested? Plan on attending one of the hands-on workshops offered on Sunday, October 27th
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Two days of technical presentations covering subjects from legislation to replacement of plastics as well as specifics of our pulping and papermaking processes. The event is at the beach at Seascape in Destin, FL on June 6-8.
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