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PPI Asia

Rengo announces big slowdown in corrugating medium production in Japan

By Jessica Zimbalatti Thu, Jul 17, 2014

MELBOURNE, Australia, July 18, 2014 (PPI Asia) -Japanese packaging giant Rengo has announced a significant slowdown in the production of corrugating medium in response to the slow domestic market.

In June, its production rates were 25% or 25,000 tonnes below June 2013 levels, and shipments of the grade dipped 15%, or 13,000 tonnes.

Globe Newswire

Sonoco 2Q 2014 results: net sales up 2% from year ago to $1.25 billion

By Thu, Jul 17, 2014

HARTSVILLE, SC, July 17, 2014 (Globe Newswire) -Sonoco (SON), one of the largest diversified global packaging companies, today reported financial results for its second quarter ending June 29, 2014.

Second Quarter Highlights

  • Second quarter 2014 GAAP earnings per diluted share were $.59, compared with $.53 in 2013.

PPI Europe

CEPI, EC discuss move to challenge Russia’s increased import duties on paper and board at WTO

By Irina Van den Neste Thu, Jul 17, 2014

BRUSSELS, July 17, 2014 (PPI Europe) -The Confederation of European Paper Industries (CEPI) has held a meeting with EU Trade Commissioner Karel De Gucht to discuss measures that the EU can take to protect the interests of the European paper industry on the Russian market.

RISI

CMPC shuts down converting plant in Quilicura, Chile, capacity remains unchanged

By Fernando Gonzalez Wed, Jul 16, 2014

SAO PAULO, July 16, 2014 (RISI) -Chilean pulp and paper producer CMPC shut down in April its corrugated board converting plant in Quilicura, near the country's capital Santiago. The company's total corrugated board capacity remains unchanged, though, a spokesperson told RISI.

RISI

Grupak sets August for new 180,000 tonnes/yr recycled containerboard PM startup in Mexico

By Renata Mercante Wed, Jul 16, 2014

SAO PAULO, July 16, 2014 (RISI) -Mexican packaging paper and corrugated board producer Grupak has scheduled for August the startup of its new 180,000 tonnes/yr containerboard machine to be installed at the company's Hidalgo plant in eastern Mexico.

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