USA questions Canada at WTO meeting over aid given to Port Hawkesbury Paper:
The USA told a World Trade Organization (WTO) subsidies committee this week that it is concerned that China, India, and Canada are paying illegal subsidies that distort trade.
At question for Canada is the $162 million in aid Nova Scotia has given to Port Hawkesbury Paper.
The EU is also concerned about this aid and is asking for more information.
A Canadian official told the meeting that Canada was already working with the provincial authorities to answer U.S. questions and had started a dialogue with the United States which the EU was welcome to join.
Wednesday, October 24, 2012
Port Hawkesbury Agreement with 2 Sawmills
Port Hawkesbury Paper signs new service agreement with 2 local sawmills:
M.R. MacDonald Holdings Ltd. of Pictou County, Nova Scotia, has signed a new service agreement with Port Hawkesbury Paper.
The deal will see hardwood logs from the Port Hawkesbury Paper mill be exchanged for chips and softwood from M.R. MacDonald Holdings’s mill.
M.R. MacDonald Holdings Ltd. of Pictou County, Nova Scotia, has signed a new service agreement with Port Hawkesbury Paper.
The deal will see hardwood logs from the Port Hawkesbury Paper mill be exchanged for chips and softwood from M.R. MacDonald Holdings’s mill.
Stora Enso Announces Restructuring Plans
Stora Enso plans profitability improvement actions across all Business Areas: Stora Enso plans restructuring of its operations through the permanent shutdown of paper machine 1 at Hylte Mill in Sweden and the permanent closure of the corrugated packaging plant at Ruovesi in Finland. In addition, Stora Enso plans efficiency improvements at several other mills. The profitability improvement actions are planned to reduce annual costs by EUR 36 million and reduce the number of employees by approximately 520 altogether. Stora Enso will record a restructuring provision and a fixed asset and working capital write-down as non-recurring items totalling approximately EUR 42 million related to the restructuring plans in the fourth quarter 2012 operating profit.
FutureMark Names VP Sales & Marketing
JD Irving: 7 Day Maintenance Shut Down
http://www.jdirving.com/article.aspx?id=3656
Over 1,200 trades people with 45 contractor companies, in addition to the
340 mill employees, will be on the job this week at Irving Pulp & Paper in
Saint John. It’s part of a week-long, world-class maintenance and
refurbishment shutdown that happens every 18 months. The $10-million
maintenance work ensures the mill is as productive and efficient as
possible.
IP Agrees to Pay FDIC $42 Million
http://professional.wsj.com/article/SB10001424052970203630604578074753866411758.html
The Federal
Deposit Insurance Corp. is about to receive a $42 million legal settlement that
will rank among the agency's largest recoveries in the financial crisis—from a
paper company that played no role in the bank failure that spurred the lawsuit.
International
Paper Co. has agreed to pay the FDIC to settle a year-old lawsuit stemming from
the 2009 collapse of Guaranty Financial Group, an Austin, Texas, company that
ranks as the fifth-biggest U.S. bank failure. As part of the agreement, the
failed bank's creditors will get an added $38 million, bringing the total
settlement to $80 million.
Georgia Co. Accused of Dumping Chinese Paper
A paper supply
company formerly located in Gwinnett County, Georgia is accused of flooding the U.S.
with cheap Chinese paper and dodging more than $20 million in duties.
Apego Inc. was
operating out of Lilburn in May 2006 when the U.S. Department of Commerce began
investigating whether Chinese paper manufacturers were dumping their products
in the American market.
Study: P & P Mills and Water Availability
New study of water issues at mills around the world
Since water has become an increasingly important strategic issue in the pulp and paper industry, potentially affecting the ability of a large number of the world’s mills to operate at capacity, Fisher International conducted a study of the topic and has published its findings in a study titled “The 2012 Global PPI Water Benchmark Report.”
The report is intended to help environmental managers understand how water issues are affecting pulp and paper mills around the world as they benchmark their own positions and evaluate their policies.
Since water has become an increasingly important strategic issue in the pulp and paper industry, potentially affecting the ability of a large number of the world’s mills to operate at capacity, Fisher International conducted a study of the topic and has published its findings in a study titled “The 2012 Global PPI Water Benchmark Report.”
The report is intended to help environmental managers understand how water issues are affecting pulp and paper mills around the world as they benchmark their own positions and evaluate their policies.
AF&PA Releases Boxboard Report
AF&PA Releases September 2012 Boxboard Report: The American Forest & Paper Association has released its September 2012 U.S. Paperboard Report. Total boxboard production decreased by 2.1 percent compared to September 2011 and decreased 6.9 percent from last month. Unbleached Kraft Boxboard production increased over the same month last year but decreased compared to last month. Total Solid Bleached Boxboard & Liner production decreased compared to September 2011 and decreased compared to last month.
idoodle Launches Jamie Magazine
Software Company Launches Jamie Magazine:
Software development company idoodle is entering into the North American consumer media space with the launch of Jamie Magazine, and is looking to have its first-and-only title be fully mobilized from the onset.
Software development company idoodle is entering into the North American consumer media space with the launch of Jamie Magazine, and is looking to have its first-and-only title be fully mobilized from the onset.
Meredith's New Venue: Video
Meredith Breaks Into Celebrity Content With Video Partnership:
With reports showing that more than 100 million Americans watch online video content on an average day, it’s no surprise that Meredith is expanding its offerings in this space. The company has formed a strategic partnership with the digital entertainment network CelebTV to feature daily, original HD videos on Meredith’s Divine Caroline website beginning this week.
With reports showing that more than 100 million Americans watch online video content on an average day, it’s no surprise that Meredith is expanding its offerings in this space. The company has formed a strategic partnership with the digital entertainment network CelebTV to feature daily, original HD videos on Meredith’s Divine Caroline website beginning this week.
Fresh Start for Eating Well
US News & World to USNews Digital Model
http://www.adweek.com/news/advertising-branding/after-newsweek-us-news-offers-different-model-144731
While the
pundits ponder the future of a
digital-only Newsweek [1], U.S. News & World Report
offers a different lesson for magazine publishing.
U.S. News went all-digital two
years ago [2] as part of a years-long process of deemphasizing print
in favor of online rankings at USNews.com [3] of colleges, hospitals and
other institutions.
The experiment
paid off this year: U.S. News has gone from unsustainable weekly to a
profitable business with 15.1 million monthly unique visitors, executives there
said.
Wired Magazine Increases Rate Base
BC Offering Online Text Books
Canadians Still Turn to Newspapers
Some of the findings:
40% of Canadians say they always consult daily a regular newscast on a TV station for either evening or late broadcast for their daily news fill.
23% of Canadians say they always consult daily a daily newspaper that they would normally pay for or subscribe to for their daily news fill.
Business Publishers Cautious on Mobile
Biz Publishing Sector Cautious About Mobile: A recent study of business publishers finds that 19% of their total audiences access their content via mobile devices, yet only 5% of their digital revenue is generated through mobile.
Consumers Interact With Digital Magazine Ads
Consumers Are Interacting With Digital Magazine Ads: More than half of consumers who read a magazine advertisement on their tablet or e-reader interacted with the ad, according to new research from GfK MRI Starch Digital.
Nielsen: Global Ad Spending Up 2.7%
Nielsen: Global Spending On Ad Spend On the Rise: Nielsen's quarterly Global AdView Pulse finds global ad spending is on the rise. Nielsen’s analysis finds overall advertising investment to be up 2.7% in the first half of 2012 -- with gains in the areas of internet (+7.2%), radio (+6.6%), TV (+3.1%) and newspapers (1.6%). The only major media to see an ad spend decline was magazines (-1.3%).
WhatTheyThink Webinar: HIgh-Speed Inkjet
Learn How Commercial Print Providers Take Advantage of Inkjet in Free WhatTheyThink Webinar: Cutting-Edge Print Operations Share Their InsightsLexington; WhatTheyThink announces the opportunity for industry professionals to benefit from a free educational Webinar. Making the Transition to High-Speed Inkjet will be led by WhatTheyThink Senior Analyst Richard Romano. The event is scheduled for Wednesday, November 7th, 2012, from 2:00 to 3:00 PM EST.
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