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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
Published: January 27, 2023 by American Forest & Paper Association (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
Published: January 27, 2023 by Wells Fargo & Co.
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%
Published: January 27, 2023 by Svenska Cellulosa Aktiebolaget (SCA)
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
Published: January 26, 2023 by Morningstar
IP promotes Kyle Duffy to operations manager of its Pensacola containerboard mill in Florida, also promotes Whitney Fike to regional communications manager for containerboard
Published: January 26, 2023 by NorthEscambia.com

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