That reversed the three-month June-August 338,000-ton surge in inventories in which mills appeared to overshoot on production in an effort to rebuild inventories to more comfortable levels after tightness in supply last spring, according to contacts.Read more
The 47,500-ton drop in containerboard inventories at box plants and mills compares to an average 2,000-ton increase for the month of September over the past decade. The drop brought inventories to 2.43 million tons, equal to 4.2 weeks of supply, according to the Fibre Box Assn (FBA) and American Forest & Paper Assn (AF&PA) statistics.Read more
OAKLAND, Oct. 11, 2013 (PPI Pulp & Paper Week) -KapStone celebrated its new Aurora, IL, box plant on Oct. 8, which is the eight-year-old company's first new greenfield box making facility.
"We couldn't be in the box business without having a plant in Chicago," chmn and CEO Roger Stone toldPPI Pulp & Paper Week.
The new 192,000 ft2sheet plant has two flexo-folder-gluers, a "high tech" rotary die cutter, and a design and technical center. The plant began production last March, completing the first $8-10 million phase of the project.Read more
SAN FRANCISCO, Oct. 7, 2013 (RISI) -International packaging and paper company Mondi Group has organized its North American operations supplying consumer packaging products, industrial bags and release liners under the name Mondi Americas, the company announced recently.Read more
OAKLAND, Sept. 20, 2013 (PPI Pulp & Paper Week) -US containerboard inventories jumped by nearly 147,000 tons in August as mills ran at close to 100% of capacity despite sluggish box shipments, according to the latest Fibre Box Assn (FBA) and American Forest & Paper Association (AF&PA) statistics earlier this week.Read more
OAKLAND, Sept. 20, 2013 (PPI Pulp & Paper Week) -International Paper (IP) plans on spending $100-150 million to upgrade its linerboard mill in Rome, GA, to "modernize operations" in three different phases over the next three years, the company told a local development authority in northwestern Georgia.
The Rome mill capacity is 913,000 tons/yr of unbleached kraft linerboard on two machines. IP acquired the mill from Temple-Inland in early 2012.Read more
Pratt last started up a new containerboard mill in the USA in Shreveport, LA, in 2009 -- the company's third US containerboard operation.Read more