Official Board Markets articles from January 2007

Official Board Markets archives from January 2007

KapStone ready to roll.(International Paper Co.'s kraft paper business acquired by Stone Arcade Acquisition Corp.)
January 6, 2007... Last week International Paper (IP) closed on the sale of its kraft paper business to Stone Arcade Acquisition Corp. for about $155 million and two payments totaling up to $60 million, payable five years from the close of the transaction,...

Transacted containerboard prices.
January 6, 2007... Transacted Containerboard Prices Average transacted price levels are tabulated by obtaining paid prices from independent converters purchasing linerboard and medium. All prices are intended as a reference standard only. Transactions may...

OCC Group buys GP sheet plant.
January 6, 2007... Orange County Container (OCC) Group, City of Industry, Calif., has purchased a sheet plant from Georgia-Pacific (GP), Atlanta. The deal was completed on Dec. 28. Terms were not disclosed. The facility, Soluciones Globales en Empaque, is...

Quebec gov't invests in Cascades.($85 MILLION)
January 6, 2007... Societe generale de financement du Quebec (SGF) is acquiring capital stock of Cascades Inc. for $85 million in cash in connection with Cascades' most recent public offering. With this subscription, SGF is contributing to the acquisition by...

SSCC cuts jobs at N.J. plant.(133 OUT OF WORK)
January 6, 2007... Smurfit-Stone Container Corp. (SSCC), Chicago, continued with its cost-cutting plan by dosing its Teterboro, N.J. box plant. Production ceased at the plant on Dec. 28 but a few workers still remain on the job. According to a letter from...

Bentley buys overseas packing.(IN OHIO)
January 6, 2007... Bentley World-Packaging Ltd., Milwaukee, Wis., has acquired the operating assets of Overseas Packing L.L.C., a Walton Hills, Ohio, provider of shipping products and services. Terms were not disclosed. The acquisition will boost Bentley's...

Pitman will help GFI innovations.(NATIONAL DISTRIBUTOR)
January 6, 2007... Pitman Co., Totowa, N.J., is named national distributor for GFI Innovations, Inc., a manufacturer of precision formulation dispensing systems for the printing ink market. The new partnership with GFI adds on-demand, customized ink...

IP improves balance sheet.(International Paper Co.)(Brief article)
January 6, 2007... International Paper (IP), Memphis, Tenn., has strengthened its balance sheet by more than $7 billion since undertaking a transformation plan in mid-2005 to become a more profitable, more focused company. "Strengthening our balance sheet...

Latitude listens to customers.(GROWING IN TAIWAN)
January 6, 2007... "Our reputation is our life," says Pamila Lin, general manager, Latitude Machinery Corp., Taoyuan Hsien, Taiwan. The corrugator and converting machinery manufacturer began five years ago and takes pride in not only its custom-made machinery but...

Containerboard growing faster than GDP.(WORLD PERSPECTIVE)
January 6, 2007... Containerboard is growing faster than world GDP, as emerging economies expand, shipments become more discrete, and trade grows, says Chip Dillon, managing director, Citigroup Investment Research, New York City. In a recent report on...

Bobst Group, Roseland, N.J., revealed the latest developments in the conversion of corrugated board to representatives from 210 companies from Oct. 23 to Nov. 3.(Product Update)
January 6, 2007... Bobst Group, Roseland, N.J., revealed the latest developments in the conversion of corrugated board to representatives from 210 companies from Oct. 23 to Nov. 3. Demonstrations were held on the new Mastercut 1.7 flatbed diecutter, the...

MeadWestvaco strike still possible.(negotiations with United Steelworkers )(Brief article)
January 6, 2007... Although members of United Steelworkers Local 8-675 at Mead-Westvaco Corp.'s linerboard mill in Covington, Va., are scheduled to vote Jan. 10 on the company's "last, best and final" offer, a union official says the negotiating committee will...

Deutsche Bank likes TI.(COULD GROW IN CONTAINERBOARD)
January 6, 2007... Temple-Inland (TI) continues to improve operating performance and return value to shareholders through share repurchase and a rising dividend stream, reports Deutsche Bank paper industry analyst Mark Wilde. This combination should continue to...

Companies battle for SIG ownership.(SIG Holding )(Brief article)
January 6, 2007... A billion dollar takeover battle to gain control of beverage packaging giant SIG Holding is being waged between a New Zealand investor and two European companies, reports foodproductiondaily.com. SIG is the world's second-biggest maker of...

Sacramento Container expands.(AT MCCLELLAN PARK)(Brief article)
January 6, 2007... Sacramento Container Corp., Sacramento, Calif., will expand its corrugated box manufacturing facility by an additional 80,000 sq ft with its new five-year lease at McClellan Park, a former Air Force base. Sacramento Container previously...

CTI launches new website.(WWW.CORRTECH.COM)
January 6, 2007... Corrugated Technologies, Inc. (CTI), San Diego, Calif., has launched its newly redesigned website at www.corrtech.com. The new website is easier to navigate and has improved the ease of access to information on new CTI products and...

CardPak, Inc.(People Update)
January 6, 2007... J. Anthony (Tony) Petrelli officially joins CardPak, Inc., Solon, Ohio, as president and chief operating officer. Petrelli left Caraustar Industries in November in anticipation of his new role with CardPak. He has been in the packaging industry...

Rock-Tenn to raise coated board prices.(BY $25 PER TON)
January 6, 2007... Rock-Tenn Co., Norcross, Ga., will increase $25 per ton on coated recycled paperboard. The price change will become effective with shipments on Feb. 1. Caliper and sheeting upcharges will remain at current levels.

ISM manufacturing index climbs in December.(Institute for Supply Management )
January 6, 2007... Economic activity in the manufacturing sector expanded in December following a one-month decline, while the overall economy grew for the 62nd consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On...

Average sheet prices.(paper products)(Brief article)
January 6, 2007... Average Sheet Prices Based upon a survey of sheet plants. Per 1000 sq. ft., 50,000 sq. ft. single item orders, including delivery charges. Southeast/ East South ...

Dicar's Putch wins IADD award.(Rick Putch awarded by International Association of Diecutting and Diemaking)(Brief article)
January 6, 2007... Rick Putch, product manager for diecutting supplies and services at Dicar, Inc., Pine Brook, N.J., has been named as the first recipient of the International Association of Diecutting and Diemaking's (IADD) PEAK Award. The PEAK Award honors...

Transacted paper stock prices--low grades.(Statistical table)
January 6, 2007... Transacted Paper Stock Prices--Low Grades Mixed Boxboard Paper Cuttings News (1) (4) (6) Chicago $55-60 (+10) 40-45 (0)...

Export gobbles up OCC.(Old Corrugated Cardboard )
January 6, 2007... Thanksgiving is but a pleasant memory now. But a number of countries in Asia (China is mentioned most frequently but Indonesia and South Korea are active buyers too) are "gobbling" up all the OCC they can get their hands on. It's reflected in...

SPG relaunches website.(WWW.SPGROUP-INC.COM)
January 6, 2007... The Specialized Packaging Group, Inc., Hamden, Conn., relaunches its website, www.spgroup-inc.com as it celebrates its six years of web presence. The revamped website is also accessible through SPG's several other domains, including www....

TAPPI offers hands-on learning experience.(CORRUGATED WORKSHOP)
January 6, 2007... The Corrugated Press Hands-On Maintenance Workshop, offered by TAPPI, Norcross, Ga., provides on-site learning geared toward corrugated box making industry plant managers, superintendents, engineers, supervisors, maintenance foreman, machine...

Transacted paper stock prices--high grades.(Statistical table)
January 6, 2007... Transacted Paper Stock Prices--High Grades White Coated New DLK News Soft Wht. Cuttings Blanks Shavings ...

AICC schedules 2007 training sessions.(STARTING JAN. 23)
January 6, 2007... The Association of Independent Corrugated Converters (AICC), Alexandria, Va., is offering many new training programs during the first quarter of the year. Industry trainer and consultant Mark Neely will present the first web conference of the...

Paper & plastic packaging report released.(BY FREEDONIA GROUP)
January 6, 2007... According to the Freedonia Group's new report, Paper Versus Plastic in Packaging, paper packaging is expected to only post marginal advances or continue to decline in most competitive markets due to inroads from plastic. In 18 selected...

D4-E series gear pump hot-melt units.(Product Updates)
January 6, 2007... Shure-Glue/Melton Systems Inc., a Valco Cincinnati Company, Cincinnati, Ohio, now offers the D4-E series gear pump hot-melt units. The new D4-E hot-melt units are available for 120VAC or 240VAC operations and feature an easy-to-use LCD...

Digital Tension Meter.(Product Updates)
January 6, 2007... MAGPOWR, Oklahoma City, Okla., offers the Digital Tension Meter, a low-cost solution to display web tension in areas of the web where access to a tension control unit is not required or convenient for the operator. The Digital Tension...

Transacted boxboard prices.
January 6, 2007... Transacted Boxboard Prices The prices tabulated here are intended only as a reference standard to the current levels commonly prevailing in a representative proportion of the U.S. contract transactions. The prices listed do not connote...

Shanghai is set for Sino-Corrugated.(MARCH 28-31)
January 6, 2007... Sino-Corrugated will be held at the Shanghai (China) New International Expo Centre from March 28-31. This year it will have 2,223 booths and over 500 exhibitors spread out over 371,000 sq ft. Over 17,000 visitors are expected to attend....

TAPPI/PIMA awards student scholarships.(TO FOUR STUDENTS)
January 6, 2007... Four students received the first-awarded Debbie McNutt Memorial Scholarships to support their attendance at the TAPPI/PIMA Student Summit in Charleston, S.C., Jan. 13-15. Hercules Inc., Wilmington, Del., began the scholarship this year and...

Durango-Georgia mill site sold.(MADE BOARD)
January 6, 2007... Late last month developer LandMar Group LLC signed papers with Durango-Georgia Paper Co. mill bankruptcy trustees, finalizing its $36.6 million purchase of the 750-acre property in St. Marys, Ga., along with controlling shares of the St. Marys...

MAN Roland.(People Update)
January 6, 2007... Al Reijmer is the new general manager of the central region sheetfed operations for MAN Roland, Westmont, Ill. He replaces George Fisher, who is moving to a corporate position at MAN Roland Druckmaschinen AG in Germany. In his new role,...

IP converts to lightweight linerboard.(AT CANTONMENT MILL)
January 13, 2007... International Paper Co. (IP), Memphis, Tenn., will cease production of uncoated paper at its Cantonment, Fla., mill in April or May to convert its 350,000 ton-per-year uncoated paper machine to a 500,000 ton-per-year lightweight linerboard...

Transacted containerboard prices.
January 13, 2007... Transacted Containerboard Prices Average transacted price levels are tabulated by obtaining paid prices from independent converters purchasing linerboard and medium. All prices are intended as a reference standard only. Transactions may be...

Caraustar closes Lafayette mill.
January 13, 2007... Caraustar Industries, Inc. has closed its Lafayette Paperboard mill in Lafayette, Ind. The Lafayette mill is an uncoated recycled boxboard manufacturing facility with an annual capacity of 64,000 tons. The closure of the Lafayette mill will...

Registration open for AICC Spring Meeting.(IN ORLANDO)
January 13, 2007... The Association of Independent Corrugated Converters (AICC) 2007 Spring Meeting will be held at the J.W. Marriott Grande Lakes Resort & Spa in Orlando from April 18-21. Online registration is now available at www.aiccbox.org/meeting. Attendees...

Chicago TAPPI to reveal new technology.("WHAT'S NEW IN CORRUGATED")
January 13, 2007... Chicago TAPPI will host an evening program on Feb. 6 at the Wyndham Drake Hotel in Oak Brook, Ill. The "What's New in Corrugated" event begins with a social hour at 5 p.m., followed by dinner at 6:15 p.m., and the program starting at 7:15 p.m....

GP provides Heater Co. cool savings: PSO[TM] program streamlines packaging operations and provides measurable sustainability benefits.(FROM PLANNING TO IMPLEMENTATION)(Company overview)
January 13, 2007... A. O. Smith Corp., Milwaukee, was started in 1874 and has been reinventing itself ever since. Well known for automotive frames during the heyday of Henry Ford, the company made a strategic decision in 1997 to exit the automotive parts business...

Prudential downgrades SSCC.(CAN'T CUT COSTS FAST ENOUGH)
January 13, 2007... Earlier this month a Prudential Equity Group analyst downgraded the stock of Smurfit-Stone Container Corp (SSCC). John Tumazos says the company can't cut costs fast enough to offset inflating expenses so he reduced his rating to "underweight"...

Bobst changes name.(EFFECTIVE IMMEDIATELY)
January 13, 2007... Bobst Group USA, Inc., Roseland, N.J., has officially changed its name to Bobst Group North America. The name change takes effect immediately.

Smurfit Kappa upgrades software.(IN COLOMBIA)
January 13, 2007... Smurfit Kappa's Colombian corrugated operation, Smurfit Kappa Carton de Colombia SA (SKCC), has successfully upgraded all of its plants in Colombia to the latest version of Business VantagePoint[TM] software from VantagePoint Systems, Inc.,...

Amtech upgrades and installs software.(IN OHIO AND ILLINOIS)
January 13, 2007... B&B Box Co., Perrysburg, Ohio, will upgrade to the SQL Server version of Imaginera from Amtech, Fort Washington, Pa., while Midwest Packaging & Container, Rockford, Ill., will install the system. Imaginera is a highly integrated,...

RTC installs at two IPC plants.(REDUCING AND IDENTIFYING WASTE)
January 13, 2007... RTC Technologies, Inc. Kenosha, Wis., recently installed its Scrap Trakker[R] system at two newly acquired Innovative Packaging Corp. (IPC) sheet plant locations: Bedford Park, Ill. and Hanover Park, Ill. Scrap Trakker is a computerized waste...

F&S Carton buys Advantzware.(Advantzware Software Packaging Cost Software installed)(Brief article)
January 13, 2007... F&S Carton, Grand Rapids, Mich., recently installed the Advantzware Software Packaging Cost Software from Advanced Software, Yardley, Pa. The software automates all plant and office aspects of a corrugated box or folding carton plant,...

Vacuum Metallized Pigments.(Product Update)
January 13, 2007... Liqui-Met, Inc., Ontario, Canada, now provides high-quality Vacuum Metallized Pigments (VMPs). Flexo and gravure printing inks are the most common applications for VMPs. Interest in VMP technology is rapidly expanding, as formulators are...

Containerboard inventories increase.(AF&PA REPORTS)
January 13, 2007... Total containerboard inventories (mills and box plants combined) rose 2.1 percent between the end of last October and the end of November, reports the American Forest & Paper Association (AF&PA). Specifically, they went from 2,489,400 tons at...

New index will aid your equipment financing.(SHOULD I BUY NOW?)
January 13, 2007... Our newest index is starting this week. Sponsored by People's Capital and Leasing Corp., it will help you recognize equipment financing trends. After all, before you decide to buy that new rotary diecutter or flexo folder-gluer you want to be...

Recovered paper exports hit record.(THANKS TO CHINA)(Statistical data)
January 13, 2007... Last October U.S. recovered paper exports reached a new record of more than 1.49 million metric tons, reports the U.S. Dept. of Commerce. This was up 9 percent from the previous month and higher than the prior record of 1.36 million metric tons...

Dee Paper buys Advantzware.(SOFTWARE INSTALLATION)
January 13, 2007... Dee Paper Box, Chester, Pa., purchased the Advantzware packaging software system and visual scheduling from Advanced Software, Inc., Yardley, Pa. The software automates all plant and office aspects of a box or carton box plant, including many...

AICC offers computer-based training.(FOR NEW SALESPEOPLE)
January 13, 2007... The Association of Independent Corrugated Converters (AICC), Alexandria, Va., is now offering a computer-based course called "Renewing Your Sales Force--Beginner Level Training." Attendees will be introduced to the consultative selling process...

FTA offers advanced printing seminar.(IN WIS.)
January 13, 2007... The Flexographic Technical Association (FTA), Ronkonkoma, N.Y., is hosting a seminar entitled "Achieving Consistency in Process Printing." The four-day session will be at the Fox Valley Technical College in Appleton, Wis., from Jan. 22-25. ...

Transacted paper stock prices--low grades.(Statistical table)
January 13, 2007... Transacted Paper Stock Prices--Low Grades Mixed Boxboard Paper Cuttings News News (1) (4) (6) (8) Chicago ...

PSI spring meeting set.(AT PAPER WEEK)
January 13, 2007... Paper Stock Industries (PSI), Wash., D.C., will host its Spring Meeting and Reception at Paper Week on Monday March 26. The event will be held at New York's Waldorf=Astoria Hotel from 3-4 p.m., followed by a cocktail reception at 5:30 p.m. Vic...

Potlatch Corp.(People Update)
January 13, 2007... Potlatch Corp., Spokane, Wash., appoints Jane Crane as vice president, human resources. Effective Jan. 15, Crane replaces Christopher A. Eckel, who retired Aug. 1, 2006.

Transacted paper stock prices--high grades.(Statistical table)
January 13, 2007... Transacted Paper Stock Prices--High Grades For detailed chart explanation, see page 11 White Coated Hard New DLK News Soft Wht. White Cuttings Blanks...

32-541A resin UC[TM].(Product Updates)
January 13, 2007... National Adhesives, Bridgewater, N.J., introduces 32-541A resin UC[TM] adhesive, a new high performance adhesive that can help paper laminators attain maximum line speeds and reduce adhesive usage and production costs. 32-541A is the first in a...

LA 404-2 pattern control system.(Product Updates)
January 13, 2007... The new LA 404-2 pattern control system from Nordson Corp., Duluth, Ga., delivers application flexibility with simple set-up and operation. The system features a scrollable, LCD display to simplify operator interaction. With a choice of six...

Shorewood Packaging.(People Update)
January 13, 2007... Bruce Betancourt joins Shorewood Packaging, a division of International Paper, Memphis, Tenn., as vice president of sales for its cosmetics packaging group. In this role, he will work with top cosmetics and fragrance accounts like Elizabeth...

FBA opens registration for the 2007 Annual Meeting.(APRIL 16-18)
January 13, 2007... Registration for the 2007 Fibre Box Association (FBA) Annual Meeting is now open. For the first time, the FBA, Elk Grove Village, Ill., will be co-locating its Annual Meeting with the Association of Independent Corrugated Converters (AICC)...

Corrugated Technologies Inc.(People Updates)
January 13, 2007... Lisa A. Tyo joins Corrugated Technologies Inc. (CTI), San Diego, Calif., as a field services engineer for its solution delivery team. She will work with CTI's delivery team to implement and support its complete range of production...

Converting Equipment Manufacturers Association.(People Updates)
January 13, 2007... Ron Schmidt, director for Maxcess International, has been elected president of the Converting Equipment Manufacturers Association (CEMA). He has over 30 years experience in the web processing and converting industry. In addition to his new...

Obituary.(death of John Oakes)(Obituary)(Brief article)
January 13, 2007... John Oakes, 80, passed away earlier this month. A World War II veteran who joined the Navy, he started working at the American Box Board Co. (ABBC) as a sales representative a few years after returning from the war. ABBC became Packaging Corp....

Board prices rising? No go ... so far.(News Analysis)
January 20, 2007... NEWS ANALYSIS When Weyerhaeuser Co. told its customers last October that it was planning to raise its containerboard prices by $40 per ton, effective with Jan. 1 shipments, a lot of eyebrows were raised. Independent industry executives...

Laminations expands its northwest capabilities.
January 20, 2007... Laminations[R], part of Great Northern Corp.'s Specialty Group, has moved its Northwest operations in Wilsonville, Ore., into a larger facility that has allowed the addition of a new state-of-the-art VBoard[R] machine. The VBoard[R] family of...

Transacted containerboard prices.
January 20, 2007... Transacted Containerboard Prices Average transacted price levels are tabulated by obtaining paid prices from independent converters purchasing linerboard and medium. All prices are intended as a reference standard only. Transactions...

MWV board mill still running.(United Steelworkers of America negotiating with MeadWestvaco Corp.)(Brief article)
January 20, 2007... Last week members of United Steelworkers Local 8-675 reported to work as usual at the MeadWestvaco (MWV) boxboard mill in Covington, Va., even though 66 percent of union members rejected the company's "last, best, and final" offer, reports The...

Canadian OCC consumption jumps.(PPPC REPORTS)
January 20, 2007... Canadian mill consumption of old corrugated containers (OCC) rose substantially last November, going from 129,894 metric tons in November 2005 to 153,095 metric tons last November, an increase of 18 percent, the Pulp and Paper Products Council...

Ask the right question.(managing customer service)(Brief article)(Column)
January 20, 2007... In our recent study of top sales achievers, we discovered a not-so-surprising fact: Top salespeople listen more than talk on sales calls. They invest most of their time in the needs analysis stage, discussing buyer needs, wants, and concerns....

Canada's recovered paper consumption (metric tons).(FOCUS ON THE CUSTOMER)(Statistical table)(Brief article)
January 20, 2007... Canada's Recovered Paper Consumption (metric tons) Nov 2006 All PAPER AND BOARD Producers (including estimates for nonreporting companies) RECEIPTS Imports ...

Registration open for profit-planning workshop.(JAN. 29-30)
January 20, 2007... The Markens Group, Westfield, Mass., is offering a workshop entitled "Machine Hour Rate & Profit Planning Fundamentals" at the Crowne Plaza Hotel in Irvine, Calif., on Jan. 29-30. Attendees will create the necessary budgets and construct a...

KBA NA receives exclusive distribution rights.(FOR CONSUMABLES)
January 20, 2007... KBA North America, Williston, Vt., has made an exclusive distributorship deal, covering the U.S. and Canada, with Vegra, an international company specializing in the development of high-quality and environmentally friendly products for the...

Maxson debuts new website.(www.maxsonautomatic.com)
January 20, 2007... Maxson Automatic Machinery Co., Westerly, R.I., launches a new website, www.maxsonautomatic.com. Part of the redesign strategy is to provide visitors with a highly intuitive method for finding the information they want. The redevelopment...

Fire breaks out at SSCC containerboard mill.(IN OHIO)
January 20, 2007... A Smurfit-Stone Container Corp. (SSCC), Chicago, containerboard mill caught fire on Sunday, Jan. 14 in Coshocton, Ohio. The fire broke out around 10:23 p.m. and was contained just before 11 p.m. No injuries were reported. Coshocton Fire...

Programs scheduled for IADD/FSEA 2007 Odyssey.(IN MILWAUKEE)
January 20, 2007... The International Association of Diecutring and Diemaking (IADD)/Foil Stamping and Embossing Association (FSEA) 2007 Odyssey will offer three days of educational sessions, both in the classroom and on the Techshop[TM] floor. The programs are...

How packaging drives profits.(FROM PACKAGING STRATEGIES)
January 20, 2007... A new study published and marketed by Packaging Strategies, West Chester, Pa., called "Retail-Driven Packaging Decisions: Packaging As A Profit Driver & Brand Enabler At Point of Sale" provides an in-depth analysis of every retail channel while...

Klabin expands in Brazil.(BUILDING BOX PLANT)
January 20, 2007... Brazil's Klabin is building a corrugated box plant in Mossoro, Rio Grande do Norte state, in northeast Brazil, reports RISI. The project's schedule hasn't been detailed yet. Its main objective is to meet regional fruit producers' demand. Fruits...

Corrugated Technologies, Inc. (CTI).(People Update)
January 20, 2007... Aravind Rajamanickam joins Corrugated Technologies, Inc. (CTI), San Diego, Calif., as a software engineer. He will be working with CTI's development team to develop and support its complete range of production management, reporting solutions,...

Transacted paper stock prices--low grades.(Brief article)
January 20, 2007... Transacted Paper Stock Prices--Low Grades Prices are per short ton. They change the first issue of each month. Unless otherwise noted, they're effective for the calendar month. Grades and preparation requirements are as defined in the...

Zhang wants to be containerboard queen.(CHINA'S RICHEST WOMAN)
January 20, 2007... An article in the Jan. 16 New York Times features Nine Dragons Paper, China's biggest paper maker, and its smaller Los Angeles venture, America Chung Nam (ACN), which is one of the world's biggest paper trading companies. In addition to...

Harmon buys future fibers.(CERTAIN ASSETS ONLY)
January 20, 2007... Harmon Associates LLC, Jericho, N.Y., a wholly owned subsidiary of Georgia-Pacific (GP), has purchased certain company assets of Future Fibers, Miami, Fla., a trader of recycled fibers. More specific terms weren't disclosed. As part of the...

Norampac mill achieves a first.(BLACK LIQUOR GASIFICATION)
January 20, 2007... Norampac Inc. and ThermoChem Recovery International (TRI) achieved a major milestone in transitioning from commissioning to full commercial operation of a black liquor gasification project at Norampac's Trenton, Ontario, corrugating medium...