The American Forest & Paper Association released its June U.S. paper reports.
Atlas Paper Mills, LLC, a portfolio company of Peak Rock Capital, an Austin, Texas based private equity firm, has acquired Accurate Paper Recycling, Inc. a supplier of paper recycling services based in Tampa, Florida.
According to The Carton Council of North America, 50 percent of U.S. households can recycle cartons through curbside and other local recycling programs.
International Paper released its 2013 Sustainability Report titled Connections that Matter, revealing progress against its voluntary sustainability goals and highlighting collaborations that advance sustainability throughout the life cycle of its products.
The American Forest & Paper Association released its May U.S. paper reports.
Containerboard production increased 7.7 percent from April and was essentially flat compared to the same month last year. The month-over-month average daily production increased 4.2 percent. Shipments for May were 2,957.6 thousand tons, representing 167.6 billions of square feet. The containerboard operating rate for May increased 2.2 points compared to April.
Total Kraft paper shipments were 128.9 thousand tons, 3.4 percent lower compared to the prior month. Bleached Kraft paper shipments dropped from 11.8 thousand tons in April to 9.4 in May, while unbleached Kraft paper shipments decreased from 121.7 thousand tons to 119.5. Overall, shipments for the first 5 months of 2014 were 1.4 percent lower than the same period last year. Total month-end inventories increased 6.4 percent compared to April.
Printing-Writing Paper Report
According to the report, total printing-writing paper shipments decreased seven percent in May compared to May 2013, with total paper inventories increasing two percent from April levels.
Published in the August 2014 Edition of American Recycler News
Caraustar Industries, Inc., a portfolio company of H.I.G. Middle Market, has entered into an agreement to acquire The Newark Group, Inc.