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December 2020

North American forest products rail freight ends 2020 down 5.7%; railroads achieve PTC

December 30, 2020 - 17:04
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SAN FRANCISCO, Dec. 30, 2020 (Fastmarkets RISI) -North American forest products railroad freight was down 5.7% through 52 weeks ending Dec. 26, 2020, from a year ago at 811,289 carloads, the Assn of American Railroads reported. Volume was up 1% in the week at 13,905 carloads.

The results show a partial recovery in North American forest products volumes after declines earlier in the year from COVID-19, with forest products being an essential industry but many other businesses locked down.

E-commerce props up paper-packaging fortunes – CRISIL Ratings [Link]

December 30, 2020 - 14:55

MUMBAI , Dec. 30, 2020 (Press Release) -A revival in demand, led by increased offtake from e-commerce channels, will support a rebound for paper-packaging entities this fiscal, offsetting the impact of pandemic-induced disruptions in the first quarter. And despite a 200 basis points (bps) blow to operating margin, credit profiles will be stable on the back of strong capital structure.

A study of 50 CRISIL-rated companies, which account for ~37% of the industry’s revenue, indicates as much.

Fashion retailer H&M introduces new multi-brand paper packaging system [Link]

December 29, 2020 - 13:15
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SAN FRANCISCO, Dec. 29, 2020 (Fastmarkets RISI) -Stockholm-based clothing retailer H&M said it has introduced a new multi-brand paper packaging system that is reusable and recyclable in order to reduce plastic uses.

“With online shopping increasing worldwide and with that plastic waste, there is an increased need to find new solutions for more sustainable packaging,” the company said.

Press Release – H&M - Testing a new normal for packaging

Walmart continues to prioritize forest conservation by stepping up efforts toward 2025 [Link]

December 29, 2020 - 13:12
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SAN FRANCISCO, Dec. 29, 2020 (Fastmarkets RISI) -Along with the Walmart Foundation, Walmart said this month it is committed to help protect, manage or restore at least 50 million acres of land and one million square miles of ocean by 2030.

Included in the company’s updated forest goals is continuing efforts to source private brand pulp and paper from suppliers using Forest Stewardship Council, Programme for the Endorsement of Forest Certification or Sustainable Forestry Initiative certifications, or recycled content.

ATA truck tonnage index rose 3.7% in November from prior month, 3.8% below a year ago

December 23, 2020 - 16:27
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ARLINGTON, VA, Dec. 22, 2020 (Press Release) -American Trucking Associations’ advanced seasonally adjusted (SA)For-Hire Truck Tonnage Indexincreased 3.7% in November after falling 5% in October. In November, the index equaled 112.2 (2015=100) compared with 108.3 in October.

Domtar to reuse e-commerce material to produce recycled containerboard at its converted mill in Kingsport, TN

December 23, 2020 - 11:56
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FORT MILL, SC, Dec. 23, 2020 (Press Release) -E-commerce has forever changed the way people shop, and now recycled containerboard will change the way products are delivered.

While online shopping is always popular during the holiday season, it has increased even more this year, amidst the COVID-19 pandemic. With millions opting to avoid in-person shopping, research firm Forrester expects that online retail sales will grow 24 percent in the United States this holiday season, compared to a year ago.

Domtar to reuse e-commerce material to produce recycled containerboard at its converted mill in Kingsport, TN

December 23, 2020 - 11:56

FORT MILL, SC, Dec. 23, 2020 (Press Release) -E-commerce has forever changed the way people shop, and now recycled containerboard will change the way products are delivered.

While online shopping is always popular during the holiday season, it has increased even more this year, amidst the COVID-19 pandemic. With millions opting to avoid in-person shopping, research firm Forrester expects that online retail sales will grow 24 percent in the United States this holiday season, compared to a year ago.

Grigeo Klaipeda gets back ISO 14001 certificate from DNV after additional audit

December 23, 2020 - 11:19
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VILNIUS, Lithuania, Dec. 23, 2020 (Press Release) -The global quality assurance and risk management organization DNV GL, after an additional audit at Grigeo Klaipėda, has decided to return to the company the certification certifying the compliance with the environmental standards. Tomas Eikinas, the general manager of the company, states that the recovery of this certificate is crucial for the company not only to achieve the set goals, but also to regain the trust of the public and its customers.

Grigeo Klaipeda gets back ISO 14001 certificate from DNV after additional audit

December 23, 2020 - 11:19
Posted in:

VILNIUS, Lithuania, Dec. 23, 2020 (Press Release) -The global quality assurance and risk management organization DNV GL, after an additional audit at Grigeo Klaipėda, has decided to return to the company the certification certifying the compliance with the environmental standards. Tomas Eikinas, the general manager of the company, states that the recovery of this certificate is crucial for the company not only to achieve the set goals, but also to regain the trust of the public and its customers.

Chemical distribution specialist Brenntag appoints Verena Blaschke as new head of global communications from Jan 1, 2021

December 22, 2020 - 09:15
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ESSEN, Germany, Dec. 22, 2020 (Press Release) -As of January 1, 2021, Verena Blaschke will take over as Head of Global Communications. As Group Spokesperson she will be available to answer your questions. She succeeds Hubertus Spethmann, who will leave the company on December 31, 2020.

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