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CIBC Paper Wrapper (Feb. 19): Containerboard prices rise US$40/ton in February, representing nearly 60% of the price hikes sought by producers in January; box demand reportedly remains mixed, but IP, WestRock and PCA all expect box demand growth in 2024

PCA discusses troubleshooting box setup problems, noting that its Performance Packaging Group technicians know the common problems that lead to underperformance or failure in machinery and can quickly find resolutions to get production back up and running

Confusion abounds over whether markets are accepting fiber price hikes; current prices for linerboard still only about half of the full increases that packaging companies recently announced, while containerboard sees first price increases since March 2022

PACKAGING CORP OF AMERICA REPORTS DISPOSITION BY SVP BARNES (Illinois)

PCA plans to restart PM 2 at Wallula, Washington, mill in Q1 to help manage expectation of continued strong demand in H1, together with scheduled mill maintenance outages and final phase of containerboard conversion of PM 3 at Jackson, Alabama, mill

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