IP Reports (CONT’D FROM PAGE 24)
Board Converting NEWS INTERNET DIRECTORY
to lower sales prices for boxes and export containerboard, higher planned maintenance outage expenses and higher operating costs driven by the Riverdale (Selma, Alabama) mill conversion. Demand for export containerboard improved and input costs were lower, primarily for energy. Earnings were neg- atively impacted by the non-repeat of a favorable invento- ry valuation adjustment in 4Q of 2019. In Europe, earnings improved, driven by seasonally higher volumes, primarily in Morocco and Turkey and con- tinued performance improvements at the Madrid, Spain mill, slightly offset by unfavorable foreign currency im- pacts, primarily in Morocco. “International Paper had a solid first quarter in a rapid- ly changing environment as the impact of the COVID-19 pandemic and containment measures accelerated,” said Mark Sutton, Chairman and CEO. “We entered this crisis in a position of strength due to our committed employees, our diverse customer base, our world-class manufacturing and supply chain capabilities and solid financial footing. Given the unprecedented uncertainty regarding the ulti- mate economic impact of COVID-19, we are taking prudent steps to further strengthen the company’s liquidity.” International Paper is one of the world’s leading pro- ducers of fiber-based packaging, pulp and paper, serving 25,000 customers in 150 countries around the globe.
ARC INTERNATIONAL www.ARCInternational .com
ARC International is a world leader in the manufacturing of roller products for flexography. The latest nano-technology laser engraving in our Charlotte and Las Vegas manufac- turing facilities ensures superior quality and consistency in anilox rollers.
BAUMER HHS CORPORATION www.baumerhhs.com
hhs is a global leader in advanced gluing, camera verifica- tion and quality assurance systems for the packaging indus- try. Zero-defect quality and elevated production speeds are key parameters in the manufacturing of corrugated boxes; hhs systems ensure efficiency and precision across the board. With hhs Xcam Box Monitoring and non-contact flap gluing of corrugated board, hhs offers every option for au- tomated quality assurance in the production of corrugated boxes with flexo folder gluers. BLOWER APPLICATION COMPANY (BLOAPCO) www.BloApCo.com BloApCo has served the corrugated industry since 1933 with a variety of scrap handling solutions, including Hori- zontal Floor Shredders, Trim Cutters, and Material Handling Fans and Conveying Systems. BloApCo Shredders allow for continuous shredding and pneumatic removal of sheet waste stacks of all sizes, roll slab, cores, carton scrap and much more.
CIMEX CORP. www.cimexcorp.com
Cimex writes affordable yet powerful CAD/CAM software for the packaging and diemaking industries. We also offer numerous samplemakers, etc., to fit all needs and budgets.
CORRUGATED MACHINERY SPECIALISTS www.cmsretrofits.com
Leading manufacturer and installer of quality retrofits, up- grades and replacement parts for S&S and Prime Flexo Folder Gluers. Specialists in reconditioning of S&S Flexo Folder Gluers, including ink, air and electrical systems.
Expansive Reach
CORRUGATED REPLACEMENTS, INC. www.corrugatedparts.com
Corrugated Replacements, Inc. is a production powerhouse that manufactures high quality machine parts and replace- ment parts for the corrugated and paperboard converting industries. CRI can redesign, engineer, and manufacture any part while providing a rapid turn-around rate, keeping machines running at their peak performance and limiting down time.
Board Converting News is read by more independent and integrated decision-makers in the corrugated and folding carton industries
than any other weekly publication. LEVERAGE YOUR REACH.
Robyn Smith at 910-553-4055 / rsmith@nvpublications.com Len Prazych at 518-366-9017 / lprazych@nvpublications.com
26
www.boardconvertingnews.com
May 11, 2020
Made with FlippingBook - professional solution for displaying marketing and sales documents online