Board Converting News, March 22, 2021

AICC Opens Registration For Southeast Summit

Box Shipments ( U.S. Corrugated Product Shipments) Industry Shipments In Billions of Square Feet Month December 2020

Members of AICC, The Independent Packaging Associa- tion, are coming together at the Grandover Resort & Spa in Greensboro, NC, March 31- April 1, for the Southeast Sum- mit, featuring a virtual tour of Packrite. AICC is continuing to work with the Grandover Resort to minimize risks and provide a safe environment for all attendees. Additional safety information is available on the registration page for the Summit. During the Summit, Mitch Klingher of Klingher Nadler LLP will discuss how box demand is likely to grow in the year ahead and what strategies AICC members should consider to maximize their company’s position. AICC Technical Advisor Ralph Young will address new contain- erboard production capacity, conversions, and additional capacity expected over the next two to three years. The event will also feature a panel of box makers dis- cussing how they navigated the past year, including sales and marketing challenges, managing contingencies, vol- atility and demand, and developing a new “normal.” The annual golf tournament will be held on Thursday, April 1. The tour host, Packrite, located in High Point, North Carolina, will take attendees on a virtual walkthrough of their plant, then answer questions live. Packrite uses the CONTINUED ON PAGE 10

Year

Actual

Percent Change Avg Week Percent Change

2020 2019

34.916 31.332

11.4

8.729 7.833

11.4

Industry Total

Year-to Date

December 2020

Year

Actual

Percent Change Avg Week Percent Change

2020 2019

406.776 393.483

3.4

8.071 7.838

3.0

Industry Total

Containerboard Consumption (Thousands of Tons)

Year

Month

Percent Change Year-to-Date Percent Change

2020 2019

2.7727 2.5660

8.1

33.0739 32.3005

2.4

Container Board Inventory - Corrugator Plants (Thousands of Tons)

Corrugator Plants Only

Date

Percent Change Weeks of Supply

Percent Change

Dec. Nov.

1.8921 1.7912

5.6

2.7 2.5

8.0

Shipping Days

Year

Month

Year-to-Date

2020 2019

20 20

252 251

SOURCE: Fibre Box Association

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March 22, 2021

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