Board Converting News, June 28, 2021

FRIESE GmbH, SHARP International Create New JV In North America FRIESE GmbH and SHARP International have announced the formation of FRIESE North America, LLC, which will be based in Virginia with Randy Banks and Christian Rodri- guez handling day-to-day operations. “This is the first step in laying the groundwork for a regrind facility in the U.S. to service our growing base of North American customers” said Sven Siepmann, CEO of FRIESE GmbH. “From the first time I met the FRIESE family we have been discussing a manufacturing facility in North America and I could not be more pleased to be a part of this critical next step in our growth strategy,” added Randy Banks. AF&PA Releases May 2021 Packaging Papers Monthly Report According to AF&PA, total packaging papers & specialty packaging shipments in May increased five percent com- pared to May 2020. They were up two percent when com- pared to the same five months of 2020. The operating rate was 87.6 percent, up 7.3 points from May 2020 and up 5.6 points year-to-date. Mill inventories at the end of May decreased 2,000 short tons from the previous month and were up 3,000 short tons compared to May 2020.

Box Shipments ( U.S. Corrugated Product Shipments) Industry Shipments In Billions of Square Feet Month March 2021

Year

Actual

Percent Change Avg Week Percent Change

2021 2020

37.992 34.784

9.2

8.259 7.906

4.5

Industry Total

Year-to Date

March 2021

Year

Actual

Percent Change Avg Week Percent Change

2021 2020

102.939 99.108

3.9

8.170 7.743

3.0

Industry Total

Containerboard Consumption (Thousands of Tons)

Year

Month

Percent Change Year-to-Date Percent Change

2021 2020

3.0967 2.8627

8.2

8.4625 8.1907

3.3

Container Board Inventory - Corrugator Plants (Thousands of Tons)

Corrugator Plants Only

Date

Percent Change Weeks of Supply

Percent Change

Mar. Feb.

1.9332 1.9337

0.0

2.9 3.0

3.4

Shipping Days

Year

Month

Year-to-Date

2021 2020

23 22

63 64

SOURCE: Fibre Box Association

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June 28, 2021

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