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Total US containerboard production in 2022 down 5% from 2021, as most grades drop double-digits in Q4; drops in both domestic, export production contribute to operating rates in the 80s, high 70s, bringing 2022 operating rate five points below 2021: AF&PA

Wells Fargo reiterates PCA at equal weight and lifts target US$10 to US$135, noting its story is getting more interesting on potential for bottoming containerboard fundamentals, free cash flow acceleration, shareholder-friendly capital allocation strategy

SCA's full-year net profit of SEK6.82B up 12% on total group sales of SEK20.79B, while Q4 net profit drops 39% year-over-year to SEK1.22B; pulp, containerboard full-year net sales both climb 25% from 2021, while forest revenue grows 9%, wood sales fall 5%

Morningstar: PCA's Q4 largely in-line with estimates, with corrugated packaging demand facing pressure and paper segment posting solid results; Q1 packaging volumes expected to match those of Q4, but lower containerboard prices likely to weigh on results

IP promotes Kyle Duffy to operations manager of its Pensacola containerboard mill in Florida, also promotes Whitney Fike to regional communications manager for containerboard

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