OAKLAND, Oct. 17, 2014 (PPI Pulp & Paper Week) -Smurfit Kappa Group (SKG) is "determined to grow its presence in North America," the company's VP of corporate development Luis Martinez told TAPPI/AICC Corrugated Week attendees in Long Beach, CA, on Sept. 29.Read more
Box shipments in September rose 6.6% to 30.936 billion ft2 on an actual basis and were up 1.5% average-week (adjusted for one more shipping day this in the latest month), the Fibre Box Assn (FBA) reported.
Year-to-date box shipments are up 0.4% on an actual basis but down 0.2% average week.Read more
The upgrades would include a new headbox for the No. 5 saturating kraft paper machine, a new winder for the smaller No. 6 linerboard machine and upgrades to the press and dryer section of the large No. 8 linerboard machine, according to one contact.Read more
OAKLAND, Sept. 26, 2014 (PPI Pulp & Paper Week) -US kraft linerboard export prices remain stable in most global markets in September despite sluggish economic growth in many countries and plenty of supply from mills around the world, according to contacts.
Also not helping US export producers was the recent surge in the value of the dollar, which this week climbed to a nearly two-year high against the euro on anemic eurozone business reports.Read more
SAN FRANCISCO, Sept. 17, 2014 (RISI) -US box shipments in August declined 3.3% on an actual basis, but rose 1.3% on an average-week basis (adjusted for one less shipping day in the latest period) from a year ago, the Fibre Box Assn (FBA) reported.
Year-to-date box shipments were down 0.4% on both an actual and average-week basis.Read more
OAKLAND, Sept. 12, 2014 (PPI Pulp & Paper Week) -RockTenn (RKT), the second largest North American producer, expects corrugated box volume for the September quarter to be down 3-4% from a year ago, "a bit more" than the 2-3% per day decline anticipated in the company's last conference call, CEO Steve Voorhees told a KeyBanc investment conference this week.
He said the main reason for the downward adjustment was that "specific customers have found business is not as strong as anticipated at the beginning of the quarter."Read more