1750 K Street, NW
Suite 700
Washington, DC 20006
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CCTI Annual Meeting
June 3-4
, 2020
Nashville, TN
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Your annual membership provides you with an array of opportunities that you should take advantage of:
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Discounts on annual meetings, education sessions
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Access to the CCTI resource library
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Discounts on job postings
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Access to the Online Member Directory
Or call: 703.823.7234
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Happy Holidays from CCTI!
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Andrea, Jacquie, Sarah, Robin, Jill and Chad
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CCTI is Nashville Bound for the 2020 Annual Meeting & CMA Fest!
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Get ready to scoot your boots and mark your calendar to join CCTI for the 2020 Annual Meeting in Nashville, TN!
Join us June 3-4, 2020 at the beautiful
Gaylord Resort in Nashville. The CCTI meeting will be held minutes from the airport and only 15 minutes from all the fun and festivities of
CMA Fest!
Best of all, our CCTI special room rate of $239 is available
during CMA Fest too! Bring your family and come for the networking and educational meetings, but plan to stay for some country sized fun!
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NEW MEMBER NEWS
Nitta Corporation of America Joins CCTI
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Nitta Corporation of America (NCA) is a manufacturer of industrial belting, with additional product lines including hose, tubing and wiper products. A wholly owned subsidiary of Japan's Nitta Corporation, NCA has responsibility for North, Central and South America.
NCA's 133,000 square foot headquarters in Suwanee (Atlanta), Georgia, Nitta serves a wide variety of industrial customers through an extensive distributor network.
NCA's products are global. Our Conveyor belts are manufactured at facilities in Japan and Europe. PolySprint (polyester core), SEB (Super Endless), Linemate hose, pneumatic tubing, and industrial wiper products are manufactured in Japan. And our PolyBelt (nylon core) and Carryflex (Aramid cord) power transmission belts are manufactured in Suwanee, Georgia. NCA is technically advanced, with complete lab facilities to assist in product development as well as to ensure that product quality remains consistently high. An emphasis on continual training helps Nitta's employees and distributors offer customers the best products for challenging applications.
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MEMBER NEWS
Cascades to purchase 20.2% interest of CDPQ in Greenpac mill in Niagara Falls, NY, for US$93 million
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Cascades Inc., a leader in eco-friendly recycling, packaging and hygiene solutions, announced today that it is exercising its option to purchase the interest of the Caisse de dépôt et placement du Québec (CDPQ) in Greenpac Holding LLC ("Greenpac").
CDPQ owns a 20.2% interest in Greenpac, a state-of-the-art lightweight containerboard mill, located in Niagara Falls, NY. The expected purchase price is approximately US$93 million. The transaction is expected to close January 3
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, 2020.
As of today, Cascades owns a 66.1% interest in Greenpac, a joint venture created in partnership with CDPQ, Jamestown Container Companies and Containerboard Partners.
"This transaction is an important part of Cascades' strategic plan, and will improve our available cash flow," said Mario Plourde, President and CEO. "This decision is another step in a series of actions that we have carried out over the past few years to improve our position in an increasingly competitive market. I would like to thank CDPQ for its support in this important project. From the outset, we developed and maintained a truly successful, winning partnership."
Considered to be amongst the most advanced mills in the industry in North America, Greenpac manufactures a lightweight linerboard, made with 100% recycled fibres, on a machine with an annual production capacity of 540,000 short tons. The mill employs 152 people.
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INTERNATIONAL
German corrugated board industry sees sales stabilize in Q3
Following a small decline in the first half of the year, sales of Germany's corrugated board industry stabilized on a high level in the third quarter. According to the industry association Verband der Wellpappenindustrie (VDW), its members sold 2.03 billion m² of corrugated board in the period, which was some 32.1 million m² higher than in Q3 2018.
"The negative trend of the first two quarters has come to an end," VDW managing director Oliver Wolfrum said in a statement. He added that the leading economic institutes have lowered their growth forecast for the German economy and that, according to the experts, the country is already in recession. "Our members were able to hold their ground in this difficult environment," Wolfrum noted.
According to him, the VDW members were able to take advantage of the continuing discussion about the use of plastic and the growing demand for alternative packaging solutions. "Circular packaging made from renewable raw material is in vogue," Wolfrum said.
The earnings situation of corrugated board manufacturers in Germany continues to be difficult, though. According to the VDW, average proceeds fell by 2.7% year on year in Q3 and from around Euro 0.58/m² ($0.64/m²) in Q1 to an average of Euro 0.56/m² in Q3.
At the same time, pressure on the cost side persists. "For the year 2019, we expect costs to increase by 3.4% as a result of rising costs for salaries and wages, energy, freight and logistics," Wolfrum said.
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CCTI MEMBERSHIP RENEWALS
The CCTI FY2020 Membership drive is in full swing. We appreciate your continued support of your industry organization. We are happy to assist you with your dues renewal. Simply click here for
the CCTI Membership Renewal Application or contact the CCTI office at 703.823.7524 or via email at
info@cantube.org.
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Industry Directory Updates
& Advertising Opportunities!
It's that time of year, CCTI is currently updating the Annual Industry Directory!
Additionally, for the first time, CCTI is offering advertising in the publication to help connect your company brand with the industry!
Several opportunities are available, click here
for more information on special member advertising rates or to update your listing! You can also contact the office for more information. Email us at info@cantube.org or call 703.823.7524
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INDUSTRY NEWS
Kemira investing $20 million to expand bleaching chemical capacity in South Carolina to meet long-term global pulp demand
Kemira is investing USD 20 million at its Eastover, South Carolina site to increase available sodium chlorate capacity. Sodium chlorate is the main component used in the production of chlorine dioxide (ClO2), which is produced on-site at pulp mills and is the primary bleaching agent for Kraft pulp in the pulp and paper industry.
Construction on the capacity expansion began earlier this year and the new production unit is expected to be operational in early 2020. The construction has contributed to local employment with about 50 sub-contractors working on the Eastover project.
"As global consumption of bleaching chemicals continues to increase, we are excited about this investment in our sodium chlorate capacity in the Americas to ensure our ability to effectively serve our customers globally. This investment not only supports our strategy to grow profitably in pulp & bleaching chemicals, but also overall strengthens our position as a leading chemical supplier for the pulp & paper industry", says Kim Poulsen, President, Pulp & Paper and Region Head, Americas.
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ADVERTISING OPPORTUNITIES
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Brazilian corrugated board shipments in November raise 4.2% year-over-year
The latest statistics released by the Brazilian Corrugated Board Assn (ABPO) show that shipments in November totaled 322,595 tonnes, up 4.2% vs a year ago. This is the second-largest volume registered in 2019, only behind October sales, when 334,026 tonnes were traded.
Year-to-date, corrugated board sales in Brazil account for 3.3 million tonnes, a 1.1% increase in the annual comparison.
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Are you a CCTI member? Share your company news with the industry in our newsletter and on our website as a member benefit. We want to tell your story!
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YOU NEED TO ADVERTISE WITH CCTI!
The CanTube Bulletin offers an excellent marketing opp
ortunity for companies in the tube, core and composite can industry.
The CTB is published online on a monthly basis. and our distribution list consists of all CCTI members and their employees.
Monthly ads are $50 or an annual commitment is $500 for 12 issues. For more information call the office or email us at info@cantube.org
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