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AF&PA Releases June 2018 Reports

AF&PA Releases June 2018 Reports

Containerboard

Containerboard production was up 2.0 percent compared to June 2017 and up 1.0 percent year-to-date. The month-over-month average daily production compared to May 2018 was 1.2 percent higher. The containerboard operating rate was 96.8 percent, 0.2 percentage points higher than the same month last year. Production for export was 7.1 percent higher than June 2017, which had the lowest export production in 2017, and was 3.5 percent lower year-to-date.

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Industry News

Verso Announces Strategic Investments in its Androscoggin Mill in Jay, Maine

Verso Announces Strategic Investments in its Androscoggin Mill in Jay, Maine

Investments Will Increase Release Liner Paper Capacity for Pressure Sensitive Markets

MIAMISBURG, Ohio, July 18, 2018 -- Verso Corporation (NYSE: VRS) today announced that...

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International News

Official opening of plant extensions and new equipment in Limerick

Official opening  of  plant extensions and new equipment in Limerick

Rigid Containers completes 8 million EUR investment in Limerick, Ireland, and announces plans to increase workforce by 30% in the next two years. The announcement was mad...

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Industry News

Bear Island paper mill in Hanover to reopen; Canadian paper products company to open a pulp facility

Bear Island paper mill in Hanover to reopen; Canadian paper products company to open a pulp facility

A little more than a year after it was closed, the Bear Island newsprint manufacturing mill in northern Hanover County appears to be reopening.

Cascades Inc., a paper prod...

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Industry News

Members of Congress: Tariff on Canadian paper threatens U.S. newspaper industry

Members of Congress: Tariff on Canadian paper threatens U.S. newspaper industry

WASHINGTON -- One by one, almost 20 members of Congress stood before the International Trade Commission on Tuesday and described in stark terms the threat to the U.S. new...

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Industry News

After investing more than $500 million in Québec since 2015, Kruger is set to begin production of new specialty papers

After investing more than $500 million in Québec since 2015, Kruger is set to begin production of new specialty papers

SHERBROOKE, QC, July 10, 2018 - Kruger Inc., which is about to start producing new specialty products at its Brompton Mill, today provided an update on the diversification...

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International News

ANDRITZ acquires Diatec, Italy

ANDRITZ acquires Diatec, Italy

International technology Group ANDRITZ has acquired a 70% stake in Diatec S.R.L., a leading manufacturer of converting machines for the hygiene and food packaging industr...

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Financial News

International Paper Declares Dividend

International Paper Declares Dividend

International Paper (NYSE: IP) today declared a quarterly dividend of $0.475 per share for the period from July 1, 2018, to September 30, 2018, inclusive, on its common s...

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Financial News

BillerudKorsnäs will make a provision of SEK 450 million in the second quarter 2018

BillerudKorsnäs will make a provision of SEK 450 million in the second quarter 2018

BillerudKorsnäs has within the scope of the recently launched group-wide program for improved production efficiency decided to implement measures with the aim of strength...

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Industry News

Catalyst Paper wins tariff suit

Catalyst Paper wins tariff suit

The World Trade Organization has taken up Catalyst Papers case, and ruled against duties on supercalendered paper.

As a result, the United States rescinded the duties last...

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Industry News

Valmet revises upwards its net sales guidance for 2018

Valmet revises upwards its net sales guidance for 2018

Due to positive development, Valmet revises upwards its net sales guidance for 2018.

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