U.S. Containerboard Production Up Marginally in January 2018
The U.S. containerboard operating rate was 97.2 percent, or 2.2 percentage points higher than January 2017.
Feb. 22, 2018 - The American Forest & Paper Association released its January 2018 U.S. Containerboard Statistics Report. According to the report, containerboard production was up 0.7 percent compared to January 2017. The month-over-month average daily production compared to December 2017 was 2.9 percent lower.
The containerboard operating rate was 97.2 percent, or 2.2 percentage points higher than January 2017.
Production for exports was 10.5 percent lower than January 2017, which was the month with the second highest export volume in 2017.
The American Forest & Paper Association (AF&PA) serves to advance a sustainable U.S. pulp, paper, packaging, tissue and wood products manufacturing industry through fact-based public policy and marketplace advocacy. AF&PA member companies make products essential for everyday life from renewable and recyclable resources and are committed to continuous improvement through the industry's sustainability initiative — Better Practices, Better Planet 2020.
The forest products industry accounts for approximately 4 percent of the total U.S. manufacturing GDP, manufactures approximately $200 billion in products annually, and employs nearly 900,000 men and women. The industry meets a payroll of approximately $50 billion annually and is among the top 10 manufacturing sector employers in 45 states. Visit AF&PA online at www.afandpa.org or follow us on Twitter @ForestandPaper.