In an effort to address ongoing cost inflation Sappi Europe will increase prices for its Fine Paper grades by 7-10% from January 2024. This increase is necessary to maintain viability of Sappi’s business, the actual amount will depend on the product and market circumstances. Sappi Europe remains fully committed to serving the printing business and […]
Category Archives: Reports
21
Nov
Nov
The American Forest & Paper Association (AF&PA) published the October 2023 Printing-Writing Monthly report. According to the report, total printing-writing paper shipments decreased 15% in October compared to October 2022. U.S. purchases of total printing-writing papers decreased 30% in September compared to the same month last year. Total printing-writing paper inventory levels decreased 2% when […]
13
Nov
Nov
Little Rock, Ark. (November 9, 2023) – Westrock Coffee Company (Nasdaq: WEST) (“Westrock Coffee” or the “Company”) today reported financial results for the third quarter ended September 30, 2023. Scott T. Ford, CEO and Co-founder stated, “Our third quarter performance was a mix of positives and negatives, the most important, unfortunately, being the rapid fall […]
13
Nov
Nov
WestRock Co (NYSE:WRK) announces a net income of $110 million for Q4, with adjusted net income at $210 million. Net sales reached $5.0 billion in Q4, despite a 7.7% decline from the previous year. Full-year 2023 net loss reported at $1.6 billion, with adjusted net income of $778 million and consolidated adjusted EBITDA of $3.0 […]
Reports
Sustainable packaging fuels growth and innovation in specialty papers, new Smithers data reveal
11
Nov
Nov
Demand for more greener packaging is aligning with innovation in industrial applications to future drive sales of specialty papers, according to the latest Smithers research. Data from its new study – The Future of Specialty Papers to 2028 – show production of these engineered premium paper grades will reach 26.52 million tons in 2023, up […]
02
Nov
Nov
Iberpapel reported operating profit of €13.77 million in the first nine months of the year, compared to €6.2 million in the same period of 2022. Having successfully defended its sales prices and margins, the company managed to eke out growth of 122% in a complicated environment marked by slowing demand in Europe and growing imports […]
02
Nov
Nov
In July 2023, after two months of growth, there was significant decline in purchases abroad of paper and paperboard (creped, crinkled, embossed or perforated), when their volume decreased by -15.6% to 380 tons. In general, total imports indicated a pronounced increase from July 2022 to July 2023: its volume increased at an average monthly rate […]
01
Nov
Nov
The American Forest & Paper Association (AF&PA) released its Q3 2023 Containerboard Quarterly report. According to the report, total Containerboard production in the third quarter of 2023 decreased 1% when compared to Q3 2022 and was down 8% compared to the same 9 months last year. Highlights include: Operating rates for all major grades decreased […]
30
Oct
Oct
International Paper recently reported third quarter 2023 financial results. Q3 2023 highlights include: Net earnings of $165 million ($0.47 per diluted share); Adjusted operating earnings (non-GAAP) of $224 million ($0.64 per diluted share) $75 million of earnings achieved from Building a Better IP initiatives, bringing year-to-date to $195 million, exceeding full-year targets Cash provided by […]
Reports
Total U.S. Packaging Papers and Specialty Packaging Shipments Decreased 4 Percent in August 2023
22
Sep
Sep
The American Forest & Paper Association (AF&PA) released its August 2023 Packaging Papers Monthly report. According to the report, total packaging papers & specialty packaging shipments in August decreased 4% compared to August 2022. They were down 3% when compared to the same 8 months of 2022. Shipments of the biggest subgrade in bleached packaging […]