Financial


Covid-19 has caused unprecedented impact, WestRock says

By Ken McEntee The Covid-19 pandemic has caused unprecedented volatility in global markets, but WestRock remains well-positioned with the right strategy to succeed and create value for its stakeholders, company… Thank you for checking us…


Recycled fiber price rise is unprecedented, Sonoco says

By Ken McEntee The “unprecedented” rise in recovered paper prices during March will have a significant impact on Sonoco’s second quarter results, CEO Howard Coker said, while announcing the company’s… Thank you for checking us…


Lee and Man

Lee and Man profit per ton drops by 34 percent

Per ton net profit for Chinese containerboard maker Lee and Man Paper Manufacturing Ltd. last year dropped 34 percent, from US$102.53 to $67.54, according to the company’s 2019 annual results… Thank you for checking us…



WestRock expects stable OCC market

Old corrugated container (OCC) prices are projected to remain at present levels through spring, with a modest increase during the summer or fall 2020, according to a WestRock executive. Ward… Thank you for checking us…


medium

Sonoco projects $35 OCC for 2020

By Ken McEntee The present old corrugated container (OCC) price of about $35 per ton is likely to stand through the new year, Sonoco Products Co. projects. Speaking on a… Thank you for checking us…



medium

Greif projects $33 OCC through October

Greif Inc. said it expects old corrugated (OCC) prices to hold at $33 per ton through the end of October – the end of its 2019 fiscal year. Larry Hilsheimer,… Thank you for checking us…