Tuesday, May 29, 2012

Marubeni to Buy Gavilon for $3.6 Billion

http://www.marubeni.com/news/2012/120529e.html
Marubeni Corp. said Tuesday it will buy Gavilon Group LLC, the U.S.'s third-biggest grain handler, for $3.6 billion excluding debt, in a deal that will make it one of the world's largest grain traders. 
Marubeni previously reported Q4 2011 results; the consolidated net income  Apr.2011-Mar. 2012
was at a historical high, up 26% from the same period last year. Revenue rose 19%.

EURO-GRAPH Reports April Shipments

As reported by EURO-GRAPH, European shipments of coated mechanical paper in April fell -8.3% as compared to the same month last year. Demand declined -9.7% and exports were down -3.1%. Shipments for coated woodfree paper fell -2.4%, demand rose +0.5% and exports decreased -10.3%. Shipments of Supercalendered paper fell -7.5%, demand declined -2.5% and exports were down -27.4%.

UPM Sells Albbruck Mill

UPM SELLS CLOSED ALBBRUCK PAPER MILL TO KARL UNTERNEHMENSGRUPPE, GERMANY: UPM and Karl Unternehmensgruppe, Innernzell, Germany have reached an agreement on the sale of the Papierfabrik Albbruck GmbH. The closing of the deal is planned to be effective by the beginning of August 2012. The contract parties have agreed not to disclose the value of the transaction.

Fire at Verso's Sartell Mill


Firefighters make their way across the scene Monday to fight a fire at the Verso Paper plant in Sartell. / Kimm Anderson, kanderson@stcloudtimes.com
Sartell police and fire officials received a call at 11:21 a.m. reporting an explosion at the mill, according to Sartell City Administrator Patti Gartland. By 11:42 a.m. heavy black smoke was pouring out of the center part of the mill and flames were visible on the roof.
 

Port Hawkesbury Backup Plan Negotiated


A backup plan to sell off the assets of NewPage Port Hawkesbury is being negotiated in case the going-concern sale to Pacific West Commercial Corp. falls through, according to a new report by the monitor handling the sale. But people with a stake in seeing the mill eventually reopen shouldn’t be alarmed, Mathew Harris of Ernst & Young said Monday, as it was part of the plan all along and the current sales process is “well on its way” to being successfully completed.


New ISO Standards for Packaging

New ISO world standards on packaging and environment 
Thursday May 24th, 2012 marks the beginning of a new era in global manufacturing and distribution, where the environmental aspects of packaging throughout the supply and recycle chain will already be taken into account in the packaging design process.

Coupons Valuable, Even When Not Redeemed

Coupons Work --Even When They're Not Used: Data analysis of a 16-month field experiment finds that coupons -- whether used or not -- still increase awareness purchasing of a brand or retailer. The professors found that consumers who got the coupons but didn’t use them still “typically increased their purchases in the associated stores.” In fact, these consumers accounted for 60% of the coupons’ “sales lift” — the additional amount spent on both promoted and unpromoted items.  Data analysis found that coupons — whether used or not — still increase awareness purchasing of a brand or retailer.

Direct Marketers Report Modest Growth in Q1


http://www.btobonline.com/article/20120525/DIRECT10/305259996/dma-digital-direct-marketers-report-modest-growth-in-q1
Digital and direct marketing performance grew modestly during the first quarter, with improvements in revenue and campaign profitability, according to a report from the Direct Marketing Association.

California Senate Passes Textbook Bill


A bill that would require textbook publishers to make the same content available to California school districts in digital format has passed unanimously in the state Senate.

Cabela's New Avenues for Customer Engagement


http://www.retailonlineintegration.com/article/cabela-s-leverages-social-promotion-drive-customer-engagement-418921/1 

Cabela's, a cross-channel retailer of hunting, fishing and outdoor gear, launched a Facebook promotion in March around its TV show "Ultimate Adventures" and its Outdoor Adventures travel program. The promotion was designed to drive customer engagement.

 

Magazine Publishers; Print Still Important


http://mashable.com/2012/05/23/conde-nast-meredith-magazine-websites/
Although magazine publishers have embraced mobile platforms, the web is still not all that important, executives at Conde Nast and Meredith Corp. indicated on stage at a paidContent conference.
Instead, both publishers showed a desire to adhere to legacy business models, i.e. packaging content in print (and print-like) monthly editions supported largely by advertising, and supplemented by low-cost monthly subscriptions and single-copy newsstand sales. “We see websites as gateway into the brand,” said Bob Sauberg, president of Conde Nast.
“Consumers still prefer print, so we aim for print-like digital products.” 

Popular Science Offers Bridge Between Print & Digital

Popular Science Enlists Augmented Reality To Bridge Printed Page, Digital World:
Augmented reality makes printed pages interactive
The latest issue of Popular Science harnesses augmented reality to integrate the printed page with the digital world with the assistance of a new mobile app.

Houghton Mifflin Harcourt Takes Steps to Reorganize

Houghton Mifflin Harcourt moves to reorganize after bankruptcy: In its original bankruptcy filing the Boston publisher listed $2.68bn in assets and $3.53bn in debt. Among its leading unsecured creditors are Chicago-based RR Donnelley and Williams Lea, who are each owed more than $20m.

Containerboard as Advertising Vehicle

White is the new brown in corrugated: Transformed from being purely a transit pack material, containerboard is making big steps forward in being able to reinforce a brand's position in the marketplace. The cause of this transition is the growth of white liners - mainly driven from the growing trend for high impact corrugated packaging in the retail ready or shelf ready market areas
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