Board Converting News, September 25, 2023

Pratt Industries (CONT’D FROM PAGE 4)

Box Shipments ( U.S. Corrugated Product Shipments) Industry Shipments In Billions of Square Feet Month June 2023

ducing only 100 percent recycled paper. The new paper machine in Henderson, more than twice the length of a football field, will produce 1,500 tons of 100 percent recycled paper every day. It will then be made into corrugated boxes at Pratt’s converting plants across the country .

Year

Actual

Percent Change Avg Week Percent Change

2023 2022

33.006 34.817

-5.2

7.501 7.913

-5.2

Industry Total

Year-to Date

June 2023

Year

Actual

Percent Change Avg Week Percent Change

2023 2022

189.149 206.082

-8.2

7.447 8.113

-8.2

Industry Total

Containerboard Consumption (Thousands of Tons)

Year

Month

Percent Change Year-to-Date Percent Change

2023 2022

2.7037 2.8541

-5.3

15.5017 16.9061

-8.3

Container Board Inventory - Corrugator Plants (Thousands of Tons)

“We are transforming America’s recycling and manu- facturing sectors through these initiatives,” said Pratt. “We’re actually in the landfill avoidance business which is good for greenhouse gas reduction as well be- cause as things decay in the landfill, they produce meth- ane gas which is 84 times worse for climate change than carbon dioxide.” More than 700 guests attended the opening including Lonnie Ali, Muhammad Ali’s widow and the co-founder of the Ali Center in Louisville, and Claire Babineaux-Fonte- not, CEO of Feeding America.

Corrugator Plants Only

Date

Percent Change Weeks of Supply

Percent Change

June May

2.2422 2.3221

-3.4

3.6 3.9

-7.7

Shipping Days

Year

Month

Year-to-Date

2023 2022

22 22

127 127

SOURCE: Fibre Box Association

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September 25, 2023

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