Friday, June 15, 2012

Bowater Mersey Indefinitely Idled

Bowater Mersey to be indefinitely idled:
Resolute Forest Products has just announced that it will indefinitely idle the Mersey newsprint mill located in Brooklyn, Nova Scotia.
The facility, owned by Bowater Mersey Paper Company Limited (BMPCL), is a joint venture between Resolute (51%) and the Washington Post (49%).
The indefinite idling will be effective on Sunday, June 17, 2012.

Future of Kruger's Corner Brook Still in Doubt


The Newfoundland Premier has come out swinging against a west coast MP who held a public meeting last night in Corner Brook to release a report on the viability of Corner Brook Pulp and Paper.
Premier Kathy Dunderdale told the media today she considers Gerry Bryne's involvement 'irresponsible politics'. Dunderdale says Byrne's suggestion that the Corner Brook Mill is viable and sustainable has misled the workers in a very serious way.
An American paper industry analyst is standing by his company's financial assessment of the mill in Corner Brook.

Catalyst Paper Seeks Amended Plan Approval


Catalyst Paper today announced that it is seeking approval of a further amended Plan of Arrangement (the Amended Plan) under the Companies' Creditors Arrangement Act and will file tomorrow for approval from the Court to set meetings of its secured and unsecured creditors to consider the Amended Plan (the Meetings). Subject to Court approval, the Meetings are tentatively scheduled for June 25, 2012.

Private Woodlot Owners Competing with Crown Land Supply


The head of the New Brunswick Federation of Woodlot Owners is cautiously optimistic that the provincial government’s halt order for cutting lumber on Crown land will be the necessary catalyst to get big forestry companies back at the table. Andrew Clark says the relationship between private woodlot owners and J.D. Irving Limited and Twin Rivers Paper Company has been “confrontational” and “dictatorial". Woodlot owners say they haven’t been able to sell pulpwood for months as a result of an overabundance of product caused by recent mill closings and because forestry companies are taking their supplies from Crown land at low prices. They say their revenues are down $250 million over the last 5 years.

DMA; Direct Mail Response Rates Top Email

DMA finds direct-mail response rates outperform digital: Direct-mail response rates outperform digital programs, according to a report from the Direct Marketing Association. According to the DMA's “2012 Response Rate Report,” response rates for direct mail to existing customers average 3.40%, compared with 0.12% for email.

F+W Sponsors World of Art


The World of Art Showcase, a multi-faceted "Celebration of the Senses," inviting renowned and up and coming painters from across the U.S. to share their work with serious collectors, is pleased to announce its new partnership with The Artist's Magazine and Southwest Art Magazine, two longstanding and influential publications owned by F+W Media.

'ENR' to Launch New Print Section

'ENR' to launch Contractor Business Quarterly section: McGraw-Hill Cos.' Engineering-New Record will begin publishing a new print and digital section, called Contractor Business Quarterly, with its July 16 issue.

Q1 Event Revenue Up, Print Falls

BIN: Event revenue up, print down in Q1: In this year's first quarter, events posted a revenue gain, but b-to-b print ad revenue declined, according to Business Information Network figures compiled by American Business Media.