Anthony Pratt is RISI’s NA CEO of the Year, Paper360º November/December 2020
Fastmarkets RISI has announced that Anthony Pratt, executive chairman of Pratt Industries USA and Visy of Australia, has been named its 2020 North American CEO of the Year.
His US company Pratt Industries was the fifth largest US boxmaker in 2019, with a 7 percent market share and an estimated 27.5 billion ft2 of shipments. The boxes are made mostly out of low-cost mixed paper. Pratt’s five containerboard mills with 1.91 million tpy of 100 percent recycled-content containerboard capacity are nearly fully integrated to 70 Pratt corrugated plants, including 30 sheet plants. Pratt US last year generated more than US$3 billion in sales and US$550 million in EBITDA, in a year of record-low mixed paper pricing at a negative US$2/ton average and containerboard prices an estimated 175-200 percent more than the firm’s production cost.
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