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Alexander777
2021-08-31

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Hurricane Ida disrupts the containerboard and plastics sectors with many mills and plants closed

Containerboard stocks are on watch with Hurricane Ida likely to disrupt mill production in Louisiana

Hurricane Ida disrupts the containerboard and plastics sectors with many mills and plants closed

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Citi analyst Anthony Pettinari notes containerboard stocks typically modestly outperform the S&amp;P 500 in the 10 days after hurricane landfalls in Louisiana. Stocks that could be impacted include Packaging Corp of America (PKG+0.4%), Cascades (OTCPK:CADNF), International Paper (IP-0.3%) and WestRock (WRK-0.4%). The broad paper/containerboard sector was rattled on Friday by indications that higher pulp costs may be hard to pass on to customers.</li>\n <li>The plastics sector is also on watch due to plant stoppages related to Ida. Companies like Sealed Air (SEE+0.1%), Berry Global (BERY+0.0%), Pactiv Evergreen (PTVE-0.3%), Amcor (AMCR+0.1%) and Silgan Holdings (SLGN+0.9%) could all see an impact.</li>\n</ul>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hurricane Ida disrupts the containerboard and plastics sectors with many mills and plants closed</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHurricane Ida disrupts the containerboard and plastics sectors with many mills and plants closed\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-30 22:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3735223-hurricane-ida-disrupts-the-containerboard-and-plastics-sectors-with-many-mills-and-plants-closed><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Containerboard stocks are on watch with Hurricane Ida likely to disrupt mill production in Louisiana for an extended period. Citi analyst Anthony Pettinari notes containerboard stocks typically ...</p>\n\n<a href=\"https://seekingalpha.com/news/3735223-hurricane-ida-disrupts-the-containerboard-and-plastics-sectors-with-many-mills-and-plants-closed\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SEE":"希悦尔","WRK":"Westrock Company","IP":"国际纸业","CADNF":"Cascades Inc."},"source_url":"https://seekingalpha.com/news/3735223-hurricane-ida-disrupts-the-containerboard-and-plastics-sectors-with-many-mills-and-plants-closed","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1190877838","content_text":"Containerboard stocks are on watch with Hurricane Ida likely to disrupt mill production in Louisiana for an extended period. Citi analyst Anthony Pettinari notes containerboard stocks typically modestly outperform the S&P 500 in the 10 days after hurricane landfalls in Louisiana. 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