Monday, October 29, 2012

AF&PA Reports September P&W Ships

The American Forest & Paper Association has released its September 2012 Printing-Writing Paper Report.
According to the report, total printing-writing paper shipments decreased 7 percent in September compared to September 2011.
September shipments of coated mechanical (CM) papers reach second highest monthly total for the year but are still down year-over-year.

IP Announces Pulp Price Increase

International Paper (IP) informed customers worldwide today that it will increase fluff pulp prices by $30/tonne, effective November 1 until further notice.

Third Deadline Catalyst Paper’s Elk Falls Sale Passes

Third deadline for sale of Catalyst Paper’s Elk Falls mill seems to have passed without a completed deal:
Catalyst Paper plans to sell its abandoned Elk Falls mill site in British Columbia to Alberta developer Harold Jahn for $8.6 million.
Jahn, owner of  Pacifica Deep Sea Terminals Incorporated, plans to transform the 400 acre site into an industrial park and port facility.
However deadlines to complete the deal keep coming and going and it doesn’t seem that the deal has been finalized.

Sales Still Up, but Confidence Faltering?

Sales Still Up, but Confidence is Slipping: “Our industry still isn’t gaining any traction,” notes the latest edition of NAPL’s Printing Business Conditions , reporting that sales did rise for the second quarter, but remain down slightly for the first half of 2012; “We’ve been witnessing this up-and-down pattern for two years now.”
The latest report (PDF) indicates that more members of the NAPL Printing Business Panel are seeing pre-tax profitability increase (31.9 percent in August 2012, compared to 24.3 percent in January 2012), but fewer expect business to improve over the next six months.

Cenveo Debt Buyback May Foretell Sale

Cenveo Debt Buyback May Augur a Sale: Cenveo Inc. has started buying back its 7.875-percent notes before they mature in 2013 as part of its mission to deleverage the printing and packaging company, which may be headed toward a sale. During Cenveo’s Aug. 9 second-quarter earnings the company’s chairman and CEO, Robert G. Burton  Sr., addressed the potential sale of the company. “We’ll decide if we’re going to sell the company, and by the way, we’ve had people knocking on the door for the last several years,” he told listeners.

Standard Register Reports Q3 Loss

Standard Register Reports 2.6M Q3 Loss:Standard Register (SR), a leader in critical communications management solutions, today announced its financial results for the third quarter and first nine months of 2012. The Company reported third-quarter 2012 revenue of $145.7 million and a net loss of $2.6 million or $0.09 per share.

2015 Global Digital/Mobile Revenues $2.5 Billion

A deep dive on global trends in digital publishing was offered today during a webinar co-produced by the World Newsmedia Network (WNMN) and FIPP, the international magazine media association. Global in-app purchase revenues are expected to jump to $5600 million by 2015, from $970 million in 2011, Stone said, and total digital and mobile revenues for magazines to approach $2.5 billion, approximately doubling their current total.

SF Drops Yellow Pages Ban After Court Ruling

http://www.sfexaminer.com/local/2012/10/following-yellow-pages-ruling-seattle-san-francisco-halt-similar-program
Free speech? San Francisco was forced to reconsider its Yellow Pages ban after a federal court struck down a similar law in Seattle.
San Francisco’s law banning the delivery of Yellow Pages is being sent to the trash can after a federal court ruled that a similar law enacted in Seattle violated First Amendment protections.