Verso Paper announced a $3.00 cwt coated mechanical price increase effective with all orders entered immediately and all orders shipping on or after October 1, 2012. The change applied to all basis weights, bulks and finishes.
NewPage announced coated mechanical and Supercalendered paper price increases earlier this week.
Wednesday, August 29, 2012
EURO-GRAPH Reports July Coated, SC Ships
EURO-GRAPH reported that July European shipments of coated mechanical paper grew +0.2% as compared to the same month last year. Demand increased by +2.2%, but exports fell -5.1%. Coated woodfree shipments were up +4.3% and demand rose +1.7%. Exports jumped +10.6%. Supercalendered paper shipments decreased -8.5% and demand declined -13.3%. Exports increased +13.4%.
Judge Rules on Port Hawkesbury Tax Deal
Mill tax deal can be cancelled: judge:
Richmond County has lost Round 1, but could still win the fight if it delivers a knock-out punch in Round 2. Supreme Court of Nova Scotia Justice John D. Murphy ruled Tuesday that the taxation deal between Richmond County and the Stora Enso mill - which was enshrined in provincial legislation in 2006 - is a deal that can be cancelled by the mill's cancelled by the mill’s new owner, Pacific West Commercial Corp., and its parent company, Stern Partners Inc.
Richmond County has lost Round 1, but could still win the fight if it delivers a knock-out punch in Round 2. Supreme Court of Nova Scotia Justice John D. Murphy ruled Tuesday that the taxation deal between Richmond County and the Stora Enso mill - which was enshrined in provincial legislation in 2006 - is a deal that can be cancelled by the mill's cancelled by the mill’s new owner, Pacific West Commercial Corp., and its parent company, Stern Partners Inc.
New Owner Brokaw Mill: Will Not Make Paper
Brokaw
Development LLC announced today that it has acquired the property and assets of
the former Wausau Paper manufacturing site in Brokaw, Wisconsin. Eric J.
Spirtas, principle of newly founded Brokaw Development LLC, and president of
Niagara Worldwide LLC, based in Niagara, Wisconsin, commented, "We see
this investment as a great opportunity for the town of Brokaw, the neighboring
villages and cities, as well as Brokaw Development and Niagara. We've
established Brokaw Development as the entity that will manage site
redevelopment. Although the mill will not be restarted to make paper.
ABC: Top 25 Business Publications
The Audit Bureau of Circulations has released a list of the top 25 U.S.
business publications for the first half of the year. The list is based on
total average paid circulation and qualified nonpaid print circulation.
Topping the list are: International Fire Fighter (285,308 circ.),
published by the International Association of Fire Fighters; followed by Nursing
2012 (191,937 circ.), published by Lippincott Williams & Wilkins; and Motor
Age (120,332), published by Advanstar Communications.
More Newspapers Reducing Schedules, Size
The controversial changes at the New
Orleans Times-Picayune, where the publishing schedule was cut to
three days a week, may prove to be a harbinger of similar reductions at other
newspapers across the country. This week, Advance Publications announced that
it is also slashing the frequency at newspapers in New York State and
Pennsylvania.
http://philadelphia.cbslocal.com/2012/08/23/philadelphia-daily-newspapers-switching-to-smaller-newsprint-size/
http://philadelphia.cbslocal.com/2012/08/23/philadelphia-daily-newspapers-switching-to-smaller-newsprint-size/
Just four months after the Philadelphia Inquirer,
Daily News, and Philly.com were sold for $55 million (see
related story) — a fraction of their $515-million purchase price just six
years ago — the papers have announced that they will get a little slimmer this
fall.
Big Changes for "Advertising Age"
A WEEKLY trade publication covering Madison Avenue since the Hoover
administration will soon introduce its most significant redesign in years, as
part of efforts to further redirect its editorial focus in a digital world
toward analysis from breaking news.
The publication, Advertising Age, owned by Crain Communications, made its
debut in 1930 and grew to become the largest in its field. The redesign,
scheduled for the Sept. 10 issue, will be comprehensive, affecting even the
familiar oversize Ad Age format.
"Backstage" Redesigned
The niche magazine for the
performing arts community, Backstage, has redesigned its print
publication and website in an effort to stay ahead of its competition and a bit
ahead of the curve—a move that seems to be working, so far..
The
print publication will go from a tabloid size of 11.5 inches by 15 inches, to a
9 inch by 10.875-inch book. The magazine will have an increased paper quality
with a glossy interior and cover stock. According to Amato, readers were asking
for a smaller product so it could be easily transported to casting calls and
auditions.
Paperless Future for Banks?
Starting in March 2013, the government will stop issuing paper checks, including ones for Social Security, disability or other benefits. Recipients will receive payments through direct deposit into a bank account or a prepaid card, including the government's own GoDirect card, issued by Comerica Bank. By 2033, the paper check may be extinct altogether, according to a paper published by the Federal Reserve of Philadelphia.
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