The Yellow Sheet

www.packaging-online.com

scri
p
tion
Q
uest
io
n
s?

The Source for News and Pricing Volume 87, Number 27 July 2, 2011

Su b

Seepage22fordetails.

COMMITTING TO LIGHTWEIGHTS

New $430 Million Linerboard Mill Greenlighted

Cascades Inc.’s Noram- pac division will invest in Greenpac Mill LLC (Greenpac), a corpora- tion created with the Caisse de dépôt et placement du Québec (the Caisse), Jamestown Container and one other industry partner, for the purpose of constructing and operating a state of the art containerboard mill in Niagara Falls, N. Y.

The Greenpac mill will be constructed for a total cost of $430 million on property located adjacent to an existing Norampac facility in Niagara Falls.

Greenpac will manufacture a lightweight linerboard, made with 100 percent recycled fibers, on a single machine having a width

Continued on page 4

Transacted Containerboard Prices

Average transacted price levels are tabulated by obtaining paid prices from independent converters purchasing linerboard and medium. All prices are intended as a reference standard only. Transactions may be concluded at any time at any price agreed upon by seller and purchaser. These are delivered prices for week ended previous Tuesday. Price ranges listed are per short ton.

Northeast 42#Fourd.KraftLinerboard $550–560 $550–560 $550–560 $550–560 $575–585

Kraft Linerboard Upcharges (Nationwide):

26#: $50/ton 33#: $30/ton

31#: HP* $30/ton 35# HP: $25/ton 57# HP: $20/ton Recycled:

35#: HP Recycled: $30/ton

East Central Southeast/
South Central
North
Central
West

Newark Group to
Close Mill, Plant

The Newark Group, Cranford, N.J., will close its Franklin boxboard mill, located in Franklin, Ohio, and its Newark Graphicboard-BCI plant located in Newark, N.J. Following these closures, selected products from the two facilities will be made available through alternate Newark Paperboard Mills and Newark Graphicboard-BCI sites. Both locations will operate in accordance with the W.A.R.N. requirements.

These closures reflect the company’s strategic focus on rightsizing its assets in order to best serve its customers, the company says.

“It’s no secret that market conditions have changed and we, like every organization, need to evolve to not only serve but lead the industry,” says Philip Jones, president and ceo of The Newark Group. “This move allows us to do just that, as we focus on the specific products and services that our customers need today and into the future.”

$235 MILLION

26# .009 Semichemical $475–485 $480–490 $490-500 $490-500 $520-530 Medium Semichemical Medium Upcharges (Nationwide):

23# SM:** $20/ton 33# HP: $25/ton 40# SM: $10/ton

*HP: High Performance **SM: Semichemical Medium

S&P Upgrades GPI

S&P is raising its corporate credit rating of GPI to “BB” in part because the company’s adjusted debt has declined by about $235 million over the past 12 months…p. 13