date:Jul 21, 2012
onoco said was due to seasonability in their composite can and metal ends business.
The Paper and Industrial Converted Products segment sales fell $10m year-on-year due to the negative impact of foreign currency translation and lower recovered paper prices in recycling operations.
Segment operating profit was $39.7m in the second quarter, compared with $40.4m in the second quarter of 2011 with exchange rates offset by positive price/cost relationship and improvements in productivity.
The Pack