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24 Oct 23

Updated: 24 Oct 23

Stora sinks as
pkg mkt pauses

Will new CEO focus on LT
growth or ST profitability?

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23 Oct 23

Updated: 24 Oct 23

PCA Packaging
volumes flatten

CEO expects brighter
outlook but lower prices

Packaging Corporation (inc. Boise) the US #3 packaging & papermaker reported declining volumes and pricing in Q3'23. Complacent ceo Mark Kowlzan commented on "outstanding employee effortst" as market share continued to shrink and capacity closes.  Full analysis here...

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23 Oct 23

Updated: 23 Oct 23

Sealed Air chief
out immediately

COO/CFO takeover temp.
Reaffirms weak outlook 

Packaging leader Sealed Air ($5.6Bn in sales) just announced that its Board and ceo Ted Doheny have agreed he should step down immediately. The packaging market has been weak this year with the bubblewrap giant's sales volume and profits well down on the pre-Covid 2019 norm.

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18 Oct 23

Updated: 18 Oct 23

IP cuts packaging
and pulp capacity

Strange move given strength
of packaging & hygiene mkts?

International Paper announced certain strategic actions regarding its containerboard and Global Cellulose Fibers businesses which would result in a charge of about $664m in Q4'23 through December. To date, no explanation for the closures from ceo Mark Sutton which seems very odd given the sgrebth and prospects in the packaging and hygiene markets....

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16 Oct 23

Updated: 16 Oct 23

Unboxing consumer
packaging demands

Initial touchpoint a decision
maker for brand choosers

'Consumers demand recycled content in packs', says a survey organised by UK packaging wholesaler Macfarlane Group. We analyse the report and get marketing director Laurel Granville's comments

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16 Oct 23

Updated: 16 Oct 23

HP hosts digital 
packaging forum

SMBs growth boosts short
run packaging print demand 

HP gathered customers and Indigo experts at its London office last week for its first-ever UK Packaging Forum event.The intention to inspire early adoption of digital print technology for rapidly growing folding carton and flexible packaging markets,

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3 Oct 23

Updated: 9 Oct 23

MacFarlane boosts
packaging progress

Growth driven by specialist
acquisitions. Pipeline firm

UK packaging giant MacFarlane Group continued its organic and acquisitive growth. CEO Peter Atkinson commented on progress and details of its latest acquisition and the pipeline of new prospects. We discuss growth plans with Atkinson

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22 Sep 23

Updated: 22 Sep 23

Packaging: Purpose
drives new designs  

London ExCel attracts
top brands; 4000 guests

#LondonPakagingWeek is back with a bang! Organisers expect 4000 visitors to the ExCel venue (21/22Sep) featuring over 200 vendors including leaders DSSmith, Smurfit-Kappa, Berry Global, Antalis, Berlin, Kite Packaging and Packaging Source. We review the exhbiitors and talk to leaders on the latest big trends. Day 1 Report here

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18 Sep 23

Updated: 19 Sep 23

Top papermkrs rid
Russian operations

IP & Mondi sell paper
& packaging interests

The big brands exodus from Russia continued apace: 3M, Unilever, Stora, Smurfit Kappa, International Paper and now Mondi Group. We provide full details of the sales and imminent moves in the pipeline....

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18 Sep 23

Updated: 20 Sep 23

Stora supplant
'transformer' CEO

Will veteran successor
revert to status quo?

Leading global packaging maker Stora Enso sales plunged through industry wide weak demand in Q2'23 causing a huge operating loss.  It seems the board held ceo Annica Bresky responsible and have appointed a replacement industry veteran with all speed.