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.
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.
WASHINGTON, DC, Sept. 20, 2013 (Press Release) -The American Forest & Paper Association released its August 2013 U.S. Containerboard Statistics Report today.
BRUSSELS, Sept. 20, 2013 (RISI) -Smurfit Kappa has started negotiations with employee representatives with the aim of shutting down its Mittpac box factory in Bräcke in northern Sweden. The move may affect 10 employees, and is being attributed to reduced volumes as a result of a decrease in demand in the area.
BRISBANE, Sept. 20, 2013 (PPI Asia) -The High Court of New Zealand has settled with Australian packaging giant Visy regarding cartel activity there in 2000-2004.
The settlement will see Visy pay a NZ$3.6 million ($3 million) fine.
VALPARAISO, IN, Sept. 17, 2013 (Press Release) -Pratt Paper (Indiana), LLC, d/b/a Pratt Industries, a recycled paper and packaging company, announced plans today to locate a paper mill here, creating up to 137 new jobs by 2018.
BOSTON, MA, Sept. 18, 2013 (Press Release) -RISI, the leading information provider for the global forest products industry, today announced new program additions and speakers for the first annual Latin American Paper Packaging Conference, to be held November 18-20, 2013, in Miami, Florida, at the Eden Roc Hotel.
OAKLAND, Sept. 20, 2013 (PPI Pulp & Paper Week) -Pratt Industries announced plans to build a 360,000 tons/yr recycled containerboard mill adjacent to its massive Valparaiso, IN, box plant for completion by July 2015. The company must still complete the approval process for the new mill, but hopes to break ground by March.
OAKLAND, CA, Sept. 20, 2013 (PPI Pulp & Paper Week) -Nine Dragons Paperstarted trials runs on two recycled containerboard PMs with a combined capacity of 650,000 tonnes/yr at a greenfield site in Quanzhou city, Fujian province, China,PPI Asiareported. The startup lifts the company's total recycled containerboard capacity to 9.98 million tonnes/yr.
HAWTHORN, Australia, Sept. 16, 2013 (Press Release) -McCormick Distilling Co. Inc., a Weston, Mo. based manufacturer and distributor of premium spirits, has converted its Eco Friendly 360 Vodka 1.75L line from glass to lightweight polyethylene terephthalate (PET) bottles from Amcor Rigid Plastics, the world's leading producer of rigid plastic packaging.