RISI Fastmarkets Names IP’s Sutton Chief Executive Officer Of The Year RISI Fastmarkets has announced that Mark Sutton, CEO of International Paper (IP), has been named the 2021 North American CEO of the Year. Fastmarkets started the award
Box Shipments ( U.S. Corrugated Product Shipments) Industry Shipments In Billions of Square Feet Month June 2021
Year
Actual
Percent Change Avg Week Percent Change
2021 2020
35.963 34.395
4.6
8.173 7.817
4.6
Industry Total
Year-to Date
June 2021
program in 1999. Sutton will ac- cept the award and give a key- note address on September 28 at this year’s Fastmarkets’ North American Conference. This hybrid event will be hosted virtually and in person in Boston, MA.
Year
Actual
Percent Change Avg Week Percent Change
2021 2020
208.632 196.828
6.0
8.279 7.749
6.8
Industry Total
Containerboard Consumption (Thousands of Tons)
Year
Month
Percent Change Year-to-Date Percent Change
International Paper is undergoing a mini-transforma- tion worth more than $2 billion, during a world-altering Covid-19 pandemic, with the planned spinoff of its global papers business and selling additional non-core assets. The spin-off and asset sales, Sutton explained, is a way to “simplify” the company, focusing on the industrial pack- aging business (containerboard and corrugated boxes, especially in the US) and on global cellulose fibers (ab- sorbent pulp). By streamlining the portfolio, the company will focus on the geographical markets and product seg- ments where it can create the most value for customers and share owners. IP already is the largest North American containerboard producer by capacity. Mark Sutton
2021 2020
2.9450 2.8182
4.5
14.1095 13.3029
6.1
Container Board Inventory - Corrugator Plants (Thousands of Tons)
Corrugator Plants Only
Date
Percent Change Weeks of Supply
Percent Change
Jun. May
2.1046 1.9962
5.4
3.1 2.9
6.9
Shipping Days
Year
Month
Year-to-Date
2021 2020
22 22
126 127
SOURCE: Fibre Box Association
Puhl custom designs systems to meet your needs. • Moving to a new facility? Puhl has experience moving entire plant systems all while minimizing down time in BOTH plants during the transition. • Below roof AND above roof systems custom designed to meet your needs. • New and Remanufactured Equipment (balers, blowers, separators, filters and more). Our Remanufactured equipment includes a warranty and offers significant savings. • NFPA and OSHA compliant systems designed by our NFPA trained engineering team. • Dust Briquetters, Certified Explosion Isolation Valves, Flame Front Diverters and more to control dust and meet NFPA requirements. • PLC Touch Screen Controls with Real Time Pressure Balancing and Real Time Remote Monitoring available on your smart phone or computer.
Balers • Shredders • Trim Collection Systems • Dust Collection Systems • Cyclones Trim Separators • Spiral Duct • Used Equipment • Filters • Briquetters 240 Airport Road | Gallatin, TN 37066 | 615.230.9500 | FAX 615.230.9590 | sales@gfpuhl.com | www.gfpuhl.com Follow us on LinkedIn
8
www.boardconvertingnews.com
September 27, 2021
Made with FlippingBook Ebook Creator