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Global containerboard capacity grew 10%--or about 20 million tons--from 2019 to 2021, but containerboard demand, capacity began to slow in second half of 2022; containerboard capacity down 2% year-over-year in North America, down 0.4% in Europe: Fisher
Published: February 06, 2023 by Fisher International Inc.
RBC cuts WestRock's target US$1 to US$37, noting fiscal Q1 adjusted EBITDA below forecast; destocking trend could be approaching end in North America, and corrugated volumes likely to remain somewhat weak to start 2023 before recovering as year progresses
Published: February 06, 2023 by RBC Capital Markets LLC
Wells Fargo reiterates WestRock at overweight, lowers target by US$4 to US$42 and reduces estimates for fiscal 2023/2024, noting sub-optimal fiscal Q1 results and below-consensus Q2 guidance, but believes containerboard fundamentals are nearing a bottom
Published: February 02, 2023 by Wells Fargo & Co.
WestRock CEO expects global paper business headwinds in Q2 as some customers saw higher inventory, 'much softer demand' in Q1, notably in export market for grades like containerboard; inventory, restocking, customer demand issues could even out in H2
Published: February 02, 2023 by Waste Dive
US recycling rates can reach 75% if companies bear costs via EPR, study says; British Columbia, Belgium, Spain, Netherlands hit 78% recycling rates when averaged across materials such as paper, containerboard, aluminum cans, plastic: Recycling Partnership
Published: February 02, 2023 by Business Insider

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