AF&PA Reports January P&W Shipments

http://www.statmill.org/detailedpressrelease.asp?rid=227&pid=JAN2012

According to the American Forest & Paper Association’s January 2012 Printing-Writing Paper Report, total printing-writing paper shipments decreased 3% in January compared to January 2011. All four major printing-writing grades posted decreases compared to last January.

Catalyst Paper Names Chair

http://www.catalystpaper.com/media/news/community/catalyst-paper-announces-changes-board-directors-0

Catalyst Paper Corporation announced today that its Board of Directors has elected Jeffrey Marshall as Chair of the Board to replace Benjamin Duster.  

Flambeau River Faces EPA Requirements

http://www.wjfw.com/stories.html?sku=20120217181018

The Environmental Protection Agency is enforcing new regulations which could force Flambeau River Papers in Park Falls, WI to shut down. The mill has an annual capacity of 150,000 st of uncoated freesheet.

 

Wood Fiber Costs Declined in Q4

Wood fiber costs for pulp manufacturers declined in the 4Q/11 as pulp prices fell
Global demand for pulp has declined and pulp prices fell during the second half of 2011.
As a consequence, prices for wood fiber, the highest cost component when producing pulp, were down throughout the world, as reported by the Wood Resource Quarterly. The Global Wood Fiber Indices for softwood and hardwood fiber declined 3.5% from the 3Q/11.

2011 European Paper Production Down -2%

Paper production in Europe decreases by close to 2 per cent

After the recovery in 2010 following the previous financial downturn, the indications are that paper and board production by CEPI member countries fell in 2011 by close to 2% as the momentum of the revival was affected by the economic slowdown, particularly in the second half of the year. 

Quad to Close Sale to Transcontinental

Quad Expects to Close the Sale of Its Canadian Operations: Quad/Graphics Inc. today announced that it has been authorized by Canada’s Competition Bureau to complete the sale of its Canadian operations to Transcontinental Inc. The company expects to close the transaction in the next several weeks.

Transcontinental Announces $400 Million CAD

Transcontinental Puts in Place a New $400 Million Credit Facility: Transcontinental Inc. announced that it has put in place a new $400 million (CAD) five-year unsecured revolving credit facility that expires in February 2017.

USPS Releases New Plan

USPS releases new business plan: The U.S. Postal Service today released an important update to its business plan for returning to profitability and long-term financial stability. While fundamentally consistent with the approach advanced by the Postal Service over the past year, the plan released today incorporates important refinements of financial projections and recommended legislative reforms.