RockTenn Increases Set-Aside Commitment to 1 Million TPY
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RockTenn, Norcross, Ga., USA, and AICC, Alexandria, VA., have announced an agreement whereby the company has increased its annual set-aside for the independent market to 1 million tons per year from 700,000 tons per year. The two-year agreement, effective Jan. 1, 2014, through Dec. 31, 2015, includes all containerboard products that RockTenn produces."We are extremely pleased and grateful that RockTenn has increased its annual commitment of containerboard to the independent market," said Mark Mathes, CEO of Vanguard Packaging, Kansas City, and chairman of AICC. "RockTenn is a valuable partner in AICC's roll of ensuring continuity of containerboard and paperboard supply to its independent converting members."
Jim Porter, RockTenn president, corrugated packaging, noted that "RockTenn is a major supplier to North American independents, and this agreement is a natural extension of our commitment to this important market. We have many wonderful independent customer relationships and we are delighted to make a strong statement of support with our comprehensive portfolio of RockTenn products."
AICC developed set-aside agreements with major suppliers of linerboard and corrugating medium to help ensure that independents' sources of containerboard would remain reliable in times of tight supply or major shortages. These agreements, which encourage individually negotiated agreements between a supplier and independent converters, are designed to help all independent corrugator operators as well as sheet suppliers and their sheet plant customers.
AICC is an international trade association representing independent corrugated, folding carton, and rigid box manufacturers and their suppliers.