Wednesday, March 28, 2012

European Woodfree Ships Fall

http://www.cepifine.org/index.php?option=com_content&view=article&id=15&Itemid=16
CEPIFINE reported February coated woodfree paper shipments declined -5.3% as compared to the same month last year. Year-to-date, shipments fell -5.8%. Demand was down -4.2% for the month and -5.1% for the year. Exports decreased -7.9% in February and -7.3% Y-t-D.

U.S. Paper Recovery Reaches 66.8%

http://www.afandpa.org/
The American Forest & Paper Association (AF&PA) today announced the 2011 recovery rate of paper consumed in the U.S., which has reached a record-high 66.8%. The level of paper recovery for recycling achieved in 2011 is nearly double the industry benchmark of 33.5 percent set in 1990, the year the industry established its first recovery goal.

China's RCP and Pulp Imports Grow


China's total recovered paper (RCP) imports climbed 42.7% to around 2.531 million tonnes in February, up from some 1.774 million tonnes the previous month,  China's total pulp imports jumped 32.5% in February from the previous month to nearly 1.554 million tonnes, Imports of BSK pulp are up 10.8% year-to-date, 2012/2011.

Battle for Fibrek Goes On

Battle for Fibrek: Quebec Court of Appeal sides with Resolute:
The Quebec Court of Appeal has sided with Resolute Forest Products and has overturned a lower court ruling that had helped its rival in its attempt to acquire control of Fibrek Inc.
The Court has reinstated the cease trade order on Fibrek Inc.’s private placement of 32,320,000 special warrants to Mercer International Inc. The court’s ruling could be appealed to the Supreme Court of Canada.

Forbes Retools ForbesLife

Forbes Retools Its Luxury Spinoff ForbesLife: Starting with its March issue, Forbes has relaunched its 22-year old luxury lifestyle offshoot ForbesLife and, for the first time, is selling the title as a standalone at newsstands.

40% of B-t-B Media Revenue in Events

The Event Stars of Magazine Media: Business-to-business media revenue hit $26.49 billion last year, with revenue from trade shows, events and conferences rising to 40% of that total, according to American Business Media.

Haymarket Sells Racer Magazine

Haymarket Sells Majority Stake in Racer Magazine: Haymarket Media has sold its majority stake in Racer Magazine back to its original founding management team of Paul Pfanner and Bill Sparks.

Global Ad Spend Forecast Up 4.8%

Global Ad Spend Expected to Grow 4.8% in 2012; US Growth Steady at 3.6%: ZenithOptimedia predicts global ad expenditure will grow 4.8% in 2012. The global media services group now expects ad expenditure to grow 5.3% in 2013 and 6.1% in 2014.

Valpak to Hire 100 Veterans by 2013

Valpak Announces Plans to Hire 100 Veterans by 2013: Valpak, a leader in local print and digital coupons, announced a commitment to hire 100 veterans by the end of 2013.

USPS Reports February Loss

USPS' losses mount in February: The U.S. Postal Service reported a loss of $1.1 billion for the month of February, the fifth month of its fiscal year, raising its year-to-date losses to $5.6 billion.