Today, microflute packaging makes up 5-7% of total US corrugated shipments, according to Assn of Independent Corrugated Converters (AICC) technical adviser Ralph Young.Read more
The acquisition would be an integration move for Hood Container, which has a 370,000 tons/yr semichemical corrugating medium mill in New Johnsonville, TN. Hood acquired the mill in 2012 from International Paper (IP), which spun it off along with two other mills to gain government approval for its acquisition of Temple-Inland.Read more
Total containerboard inventories at box plants and mills tumbled by nearly 40,000 tons in November to end the month at 2.303 million tons, according to the Fibre Box Assn (FBA) and American Forest and Paper Assn (AF&PA).Read more
"Average daily production during the quarter was 532 tons/day with recent peaks at over 1,300 tons/day on a nameplate capacity of 1,500 tons/day," Plourde said.Read more
"Asian demand now accounts for 48% of world containerboard consumption, which totals an estimated 145 million tonnes," he said.
This compares with 20% for Europe, 19% for North America, and 8% for Latin America, he said.Read more