Thursday, March 28, 2013

AF&PA Releases Annual Paper, Board & Pulp Survey

http://www.afandpa.org
The American Forest & Paper Association (AF&PA) today released the 53rd Annual Survey of Paper, Paperboard and Pulp Capacity, reporting that U.S. paper and paperboard capacity declined 1.6 percent in 2012 but will hold essentially stable over the next three years (2013 through 2015).
Paper and paperboard capacity is slated to decline 0.4 percent in 2013 but then rise 0.6 percent in 2014 and 0.2 percent in 2015. For the entire three-year projection period, paper and paperboard capacity is expected to rise 0.4 percent at an average annual rate of 0.1 percent.
The survey reports U.S. industry capacity data for 2012 through 2015 for all major grades of paper, paperboard, and pulp, based on a comprehensive survey of all U.S. pulp and paper mills. Survey respondents represent about 90 percent of the U.S industry capacity.

Domtar Sells Shuttered Port Edwards

The new owner of the former Domtar Port Edwards paper mill property will work with village officials to identify potential uses for the site, a company spokeswoman said.
DMI Acquisitions of Columbus, Ohio, the real estate arm of Dimensional Metals Inc., also will seek tenants to fill the 192-acre site along the Wisconsin River, said Michelle Moore, a spokeswoman for DMI Acquisitions.
"We're identifying expansion opportunities for companies that are currently doing business in central Wisconsin, as well as exploring development of other warehousing and light manufacturing (opportunities)," Moore said Wednesday in a phone interview with Daily Tribune Media.

Norkse Skog Plans Additional Cost Reductions

Norske Skog plans to reduce costs by NOK 500 million ($86 million) by the end of 2015 at its 550,000 tonne/yr Saugbrugs supercalendered (SC) paper mill in Halden, southern Norway.
The plant already achieved cost savings of some NOK 110 million in 2012 and has similar ambitions for the coming years, managing director Roy Vardheim said. Costs will be cut in areas including energy, pulp, chemicals and logistics. None of this will affect the mill's production capacity. 
Norske Skog may also raise the capacity of the biogas facility at its Saugbrugs mill in order to cut costs. The biogas plant uses sludge and residues from the wastewater treatment plant as raw material and the biogas is used in the mill's boiler.

Oji Raises Pricing on Graphic Papers

Japanese paper and board giant Oji Paper has announced its intention to raise domestic prices for its graphic paper range, joining a cohort of its competitors there.
While Daio Paper, Hokuetsu Paper, Mitsubishi Paper Mills and the Nippon Paper Group have all called for a hike of ¥15/kg (or roughly $159/tonne) on shipments from April 21, Oji is calling for a 20% hike from the beginning of May.
A spokesman from Oji did not comment on whether the increase was for deliveries or orders from that date.
They cited dropping paper prices consequent to the increased graphic paper imports that have been available in Japan since since the March 2011 earthquake and tsunami.
Some remarked on the cost of raw materials and fuel as well.

Sustainability Important to Loggers

The director of the Louisiana Forestry Association told foresters at a March 12 conference that several industries are planning to locate in Louisiana that would use wood to make biofuels and fertilizers. 
“If you are in the logging business, here’s great opportunity for you,” said Buck Vandersteen at the LSU AgCenter Forestry Forum attended by more than 150 foresters from across the state. 
He said the companies want to know if timber will be taken from sustainable forests, and they want assurances that lumber companies are harvesting wood in environmentally acceptable methods.
“If you are in a certified program, it will pay dividends for you,” Vandersteen said.

Hearst Names Steven R. Swartz as CEO

Hearst Corporation Names Steven R. Swartz as New CEO:  After leading the Hearst Corporation for 28 years, Frank A. Bennack, Jr. (pictured right) will step down as CEO, passing the torch to COO Steven R. Swartz (below left), who will officially succeed him June 1. Other than William Randolph Hearst himself, Bennack is the company’s longest-serving chief executive and sixth in the company’s 126-year history.
Bennack will remain active in the affairs of the company, serving as executive vice chairman of the Board of Directors and chairman of the Executive Committee.  Swartz has been part of the Hearst Corporation for the past 20 years, first signing on as founding editor of SmartMoney, the company’s venture with Dow Jones which launched in 1991. In 2001 he became senior vice president of Hearst Newspapers and was tapped as president of Hearst Newspapers in 2009. He was appointed chief operating officer in 2011 and assumed his role as Hearst Corporation president last year. Swartz began his career as a reporter with the Wall Street Journal in 1984 after graduating from Harvard.

Enhanced iPad App from New York Magazine

New York magazine is finally scrapping its digital replica app and launching a new interactive version of its weekly print magazine that was created with digital design agency The Wonderfactory and uses the Mag+ platform.
The app will be available for download from the Apple Newsstand—another first for New York's tablet edition—beginning on April 1. Non-subscribers can buy single copies or monthly or yearly digital subscriptions, while existing print subscribers will get full access to the digital version for free.
Some of the magazine’s special issues, like the current New York Weddings, will also be available as interactive tablet editions.

Berner Speaks at MPA Swipe 2.0 Conference

At MPA Swipe 2.0, App Model Begins to Grow Up:
MPA president and CEO Mary Berner once again took the opportunity in her opening address to defend and promote magazine media: "There's never been a better time to be in the business of magazine media," she said. "And if you ignore the pundits and the potshots you'll see why this statement is true."Berner touted the magazine platform as one on a growth trajectory, especially taking into account the various media a brand is represented by. "It is no longer accurate or even appropriate to talk about ourselves as a magazine. It does not begin to measure our reach," she said.

GAAmericas Names Quad/Graphics Company of the Year

Quad/Graphics Named Company of the Year - Publications in Inaugural ...:
Quad/Graphics, Inc. (NYSE: QUAD) (“Quad/Graphics”) has been named Company of the Year/Gravure Publications in the inaugural Gravure Management Excellence Awards sponsored by the Gravure Association of the Americas (GAAmericas). Quad/Graphics also won the Overall Company Growth Award. The awards were a feature of the GAAmerica’s Gravure Global Summit held in Miami earlier this month.
Quad/Graphics uses the gravure printing process to print leading consumer magazines, catalogs and retail advertising inserts.

RRD Announces Results of Tender Offers

RR Donnelley Announces the Expiration/Final Results of Its Tender Offers: R.R. Donnelley & Sons Company today announced the expiration and final results of its offers (the "Tender Offers") to purchase for cash up to $500,000,000 aggregate principal amount of its notes, including up to $300,000,000 of its 6.125 percent Notes due January 15, 2017 (the "2017 Notes"), up to $150,000,000 of its 8.600 percent Notes due August 15, 2016 (the "2016 Notes") and up to $50,000,000 of its 7.25 percent Notes due May 15, 2018 (the "2018 Notes", together with the 2017 Notes and 2016 Notes, the "Securities").

Standard Register Invests $10 Million in Center

Standard Register (NYSE: SR) has announced plans for a new national Center of Excellence for digital printing, kitting and distribution in Jeffersonville, Ind., which is in the greater Louisville, Ky. metropolitan area. This new 335,000 square foot center will provide Standard Register customers more flexible delivery options and improved speed-to-market for communications products, services and solutions.
“Standard Register’s $10 million investment in this new Center of Excellence allows us to operate more efficiently, advance our digital printing capabilities and leverage the deep capability of the local workforce to better serve our customers”

Wednesday, March 27, 2013

NewPage Settles with Government

NewPage’s Rumford mill in Maine to pay $3 million to settle federal allegations it manipulated regional energy market.
Rumford Paper Co., which operates the paper mill in town, has agreed to pay more than $3 million to settle allegations brought by the Federal Energy Regulatory Commission that it profited from manipulating New England's energy market.
In the consent agreement published Friday, Rumford Paper, which is a subsidiary of Ohio-based NewPage Corp., agreed to a total fine of $10 million and return of more than $3 million in payments FERC maintains the Rumford mill received fraudulently through the manipulation of an electricity program administered by ISO-New England that compensated large industrial electricity users for reducing their electricity consumption during peak demand hours.
However, because NewPage filed for bankruptcy in September 2011, FERC has agreed to accept a cash payment of slightly more than $3 million to settle the case.

Maryland's Special Deal for NewPage

Maryland ‘black liquor bill’ resurrected in legislate after special deal for NewPage mill.
Some Annapolis lawmakers have gotten in the Easter spirit a little early. A bill that would curtail millions in renewable-energy subsidies for mostly out-of-state paper mills comes to the Senate floor Monday, after being killed last week and then revived with a special deal for Maryland's only paper-making plant.
The bill, SB684, pushed by environmentalists, would phase out the ability of paper facilities to cash in on Maryland's renewable energy law by burning "black liquor," a tarry byproduct of the pulping process, and other wood waste to power their operations.
Under the 2004 law, paper mills collectively received $3.8 million in 2011 by selling "renewable energy" credits to companies supplying power to Maryland's households and businesses. The state's electricity customers.

Newton Falls Assets to be Liquidated

The sale of the Newton Falls paper mill as an intact operation has failed and the assets will be liquidated in the latest turn of events surrounding the plant.
Scotia Investments Vice President Robert G. Patzelt wrote in an email that the special bid received at the end of an auction Thursday for the entirety of the mill's equipment was terminated during finalization of the details.
"The owners are disappointed with this development as they put tremendous time and effort into selling the entire mill which was seen to be in the best interest of all the stakeholders and especially the mill and the community," Mr. Patzelt wrote. "Ideally, we wanted the mill to be sold as a going concern, or, in its current state of being ready to be reopened by another party."

Port Townsend President Resigns

After coming to work at Port Townsend Paper Corp. in 2008, President Roger Loney has resigned.
According to a March 26 release from Dale Stahl, executive chairman of the Port Townsend Holdings Company, Loney intends to pursue other business interests and spend more time on the East Coast with his family. He committed to three to five years when he initially joined the mill as a mill manager, according to the release.

Domtar Closes Kamloops Pulp Line

After months of waiting, Domtar's A-line pulp machine will shut down at the end of the work day Monday, union and corporate officials have confirmed.
By the time the dust completely settles later this spring, the number of layoffs will be the biggest in the Kamloops operation's history, said Doug Cumming.
Domtar to seek property tax break as Kamloops, BC, pulp mill shuts down line.
Domtar is taking stock of its reduced Kamloops operation to have its taxable property reassessed.
With Monday's shutdown of the A-line, Domtar's operation is shrinking and so, too, should its tax bill, said spokeswoman Bonnie Skene.

Sustainability Top Purchase Criterion For Packaging

An independent research study commissioned by the Steel Market Development Institute (SMDI), a business unit of the American Iron and Steel Institute (AISI), revealed 65 percent of decision makers at Fortune 500 consumer product companies view packaging sustainability as a high priority. The survey was conducted by MindClick in January and February and included packaging decision makers from major consumer packaged goods companies.

Gartner: Companies Increasing Digital Maketing 9%

Companies will be increasing their digital marketing budgets by 9% on average in 2013, fueled by increased investments in corporate websites and digital advertising, according to a new report from Gartner. A survey of 250 marketers working in financial services, retail, technology, media, and healthcare revealed that companies devote an average of 25% of their marketing budgets to digital pursuits. Gartner predicts the percentage will continue to rise because companies find digital more cost-effective than traditional techniques. Asked what digital disciplines were most essential to their current success, marketers named company websites, social media, and digital advertising.

RDA Gets Approval for Bankruptcy Financing Agreement

RDA Holding Co., which owns The Reader’s Digest Association, has received approval for a key part of its bankruptcy reorganization: the U.S. Bankruptcy Court for the Southern District of New York has approved a plan that will raise $105 million to fund ongoing operations as part of a “debtor-in-possession” financing agreement.
Along with the financing agreement, the court also granted approval to measures to help RDA continue its business operations, including authority to pay employees and freelancers on normal schedules. 
The company filed its reorganization plan and disclosure statement on Thursday, March 21, and is due back in court April 25 for a hearing to consider approval of the disclosure statement.

Glassdoor Names Top Ten Retail CEOs

Jeff Bezos, Amazon: Coming in at 16 with a 93% approval rating is Amazon’s Jeff Bezos.  
Blake Nordstrom, Nordstrom: Next on the list is Blake Nordstrom at 29 with a 90% approval rating. Glenn Murphy, The Gap: At 39 on the list is Glenn Murphy of the Gap with an 83% approval rating and a big year-over-year jump of 13 points. Top company characteristics include being diversity and a fair and fun work environment with a passion for fashion. Employee discounts are a huge plus and so is scheduling flexibility.
Frank Blake, The Home Depot: Frank Blake is 40 on the list with an approval rating of 82%. Teamwork, camaraderie and profit sharing are strong company traits.  
Sharon Turney, Victoria’s Secret: Next on the list is Sharon Turney of Victoria’s Secret at 42 with an 82% approval rating.
Ed Crenshaw, Publix: Last on the list is Ed Crenshaw of Publix at 48 with an 82% approval rating.

Hearst's SF Chronicle Adds Paywall

The San Francisco Chronicle, the Bay Area’s most-read source of local and national news, has launched the all-new SFChronicle.com, a premium news website available by subscription.
SFChronicle.com is an extension of the newspaper’s award-winning, in-depth coverage that readers have come to expect from the Bay Area’s leading news source..
SFChronicle.com is available as part of a digital package for only $12.00 a month. Most Chronicle print subscribers will have access to SFChronicle.com as part of their subscriptions.

Bertelsmann Reports 2012 Results

Bertelsmann has made good progress in reshaping the Group, and for the ongoing process can rely on strong financials for 2012: growth in revenues, a stable operating EBIT, and a slight increase in Group profit. In the years ahead, Bertelsmann is targeting for continued organic and acquisition growth. First steps are the planned combination of Random House and Penguin as one of the world's leading book publishers; the complete ownership of the music rights company BMG; and the establishment and expansion of new, mainly digital, businesses in sectors and regions with high-growth potential.

Associated Press Wins Copyright Suit

Associated Press Wins Suit in Internet Copyright, Fair Use Case:
Publishers can rest easy knowing that their content online will be protected—for now. The U.S. District Court for the Southern District of New York has ruled in favor of the Associated Press in its copyright infringement suit against San Francisco-based Meltwater News, a self-described commercial media-monitoring service.
At the heart of the case was the assertion by Meltwater News that content published and freely available on the Internet can be scraped, compiled and commercially resold under fair-use laws. 

Tuesday, March 26, 2013

Tembec Selling Pulp Mill to Paper Excellence

Tembec Inc. ("Tembec") announced today that it has reached an agreement to sell its NBSK pulp mill and related assets and liabilities located in Skookumchuck, British Columbia to Paper Excellence Canada Holdings Corporation ("Paper Excellence") for a purchase price of $89 million , which includes working capital. Closing of the transaction is expected to occur in the second calendar quarter of 2013 and remains subject to certain conditions and regulatory approvals.

Resolute Releases 2012 Annual Report

Resolute Forest Products today issued its 2012 Annual Report, which includes an overview of the Company's 2012 sustainability performance. While Resolute will continue to produce its Annual Sustainability Report using Global Reporting Initiative (GRI) guidelines, the Company is now also integrating sustainability performance information into its annual financial disclosure.

Russia Lowers Duty on Coated Paper

Russia has once again decided to reduce its import duty on coated paper from 15% to 5%.
The decision, which was taken on March 19 by the customs union which Russia formed with Belarus and Kazakhstan, will come into force 30 days from that date. It will be valid for nine months, until January 19, 2014.
The measure is aimed at stimulating the development of the domestic publishing industry.
The Kama mill in the Perm region launched its 86,000 tonne/yr LWC PM in 2012, but had to stop production shortly after the start-up due to the financial difficulties of its then managing company Investlesprom.
Ilim Group, which is rebuilding a second-hand PM at its Koryazhma mill in the Arkhangelsk region, is expected to start production on the 70,000 tonne/yr woodfree (CWF) paper PM in June 2013.
The changes in the import duty level have been been a source of continual controversy among Russian market players over the past few years. Certain paper producers have argued that the government should promote domestic production of coated publication paper grades through increased import duties. Representatives of the publishing industry, however, say that the government's decision to decline a permanent 5% import tariff is due to a strong lobby by the large Russian pulp and paper player Ilim Group.
In 2011, Russia imported around 420,000 tonnes of coated publication paper, according to RISI estimates.

Workers End Strike at Nippon WA Mill

When union workers return to their jobs at Nippon Paper Industries USA today, they will spend several hours warming up the machines before any paper is produced.

Social Media Ads Least Trusted

Consumers Not Trusting Of Social Media Ads: A Forrester Research survey finds consumers place the least amount of trust in social media marketing, SMS messaging, and internet ad content.  The survey of over 62,000 online Americans and 20,000 online Europeans finds consumers on both sides of the pond place the least amount of trust in social media marketing, mobile messaging, and internet ad content.
Highlights: U.S. trust in social media ads (15%), text messages from companies or brands (9%), and ads received via mobile apps (12%)  are ranked at the bottom, along with push-marketing banner ads (10%) and email promotions (18%).

The Art of Making Magazines

If you're reading this, it's a safe bet you read magazines. Technically, you may even be reading one now—though I'm not sure if bookforum.com really qualifies. The ".com" might denote precisely what isn't Bookforum. I'm typing onto a computer screen; you're reading from one. No trees have been killed. Are we in a magazine? I'm asking because I don't honestly know.
For now, let's say we aren't. If a magazine still is what it's been for almost three centuries—an ink-on-paper "storehouse" of writing, published on a regular schedule—then the "media industrial revolution" (to use Tina Brown's awkward phrase) is surely in the process of rendering many of our magazines obsolete. Seen historically, The Art of Making Magazines—a collection of twelve lectures by esteemed editors, proofreaders, designers, and writers delivered over the last decade to graduate students at the Columbia School of Journalism—may have barely made its deadline.

Bloomberg Businessweek Expands Delivery Model

Bloomberg Businessweek, which since December 2010 has been partnering with various newspaper publishers and other delivery services to hand deliver the weekly magazine, is partnering with Gannett Inc. to make alternate delivery available in 15 additional U.S. markets. 
An alternative to U.S. Postal Service delivery, the Expedited Morning Delivery service is designed to put Bloomberg Businessweek in the hands of subscribers on the earliest day at the earliest delivery time possible, often one or two days earlier than the U.S. mail.

Lucky Grows Online Community

Lucky Mag Grows Online Community With Eye on Sponsorship Ops:  hrough a user-generated platform, Lucky magazine’s online community now has over 44,000 posts and more than 4,700 contributors that not only helps it to draw readers in, but advertisers as well. “When we think about the Lucky Community, we think of it as a 360-degree program,” says Maura Randall, the brand’s digital managing director. “These women also appear in our print magazine, which is our core piece and their content appears across LuckyMag.com."

26% Own Laptop, Smartphone & Tablet

26% of Americans Own a Laptop, a Smartphone AND a Tablet: Deloitte’s annual "State of the Media Democracy" survey reveals a 160% growth in the number of U.S. consumers who own the trio of tablets, smartphones and laptops, among other findings.

Monday, March 25, 2013

North American P&W Paper Demand Reported

The Pulp & Paper Products Council reported North American demand for coated mechanical paper fell -9.8% in February. Imports rose +3.7% and the operating rate was 87%.  Coated woodfree demand declined -5.6%, imports were down -2.4% and the operating rate was 85%.  SC-A/SC-A+ demand for the month was up +11.2% and imports rose +23.7%.  SC-B/SNC+ demand decreased -6% and imports fell -3.4%. The operating rate for Supercalendered paper was 84%.  Uncoated woodfree demand declined -9.4%, imports were down -0.3% and the operating rate was 93%.

AF&PA Reports February P&W Numbers

The American Forest & Paper Association has released its February 2013 Printing-Writing Paper Report.
According to the report, total printing-writing paper shipments were down 12 percent from February 2012.
Additional key findings:
February shipments of coated mechanical (CM) decreased 20 percent compared to February 2012 to 218,900 tons, the lowest total since before 1995.
February shipments of coated free sheet (CFS) papers decreased 5 percent compared to February 2012, with year-to-date CFS shipments up less than 1 percent relative to 2012.
Uncoated free sheet (UFS) papers shipments of 701,700 tons in February were 10 percent below the same period last year, with imports increasing 14 percent year-over-year in January.
February uncoated mechanical (UM) paper shipments decreased 22 percent when compared to February 2012.

EURO-GRAPH Reports Coated, SC Demand

http://www.euro-graph.org/publicms/index/view/
EURO-GRAPH has reported February coated mechanical paper demand fell -8.7%. Exports declined -13.2%. Coated woodfree demand for the month was down -8.1% and exports decreased -0.3%. Supercalendered paper demand fell -5.5%. Exports were up slightly by +0.1%. Uncoated woodfree demand declined -5.9% and exports were down -13.2%.

Resolute Board Chairman Evans Retiring

Resolute Forest Products Inc. announced today that the board of directors had nominated Michel P. Desbiens and Jennifer C. Dolan to stand for election as new board members. Mr. Desbiens and Ms. Dolan will join seven other current members of the board standing for re-election at Resolute's upcoming annual meeting of stockholders on May 16 , 2013. Richard B. Evans, currently the Company's non-executive chairman, has determined that he would retire, and would not stand for re-election. The board has recommended Bradley P. Martin, a current member, to serve as Resolute's new [non-executive] chairman, and Alain Rhéaume, also a current member, as lead director.

IP LA Warehouse Destroyed

International Paper Company's paper storage warehouse on state Highway 509 in Red River Parish appears to be a total loss as a blaze raced through the open-air facility late today.

Demand for Graphic Paper in China to Grow

Demand for graphic paper in China will continue: China will continue to experience healthy graphic (printing, writing, & newsprint) paper demand growth over the next decade despite some markets in China already starting to mature. According to a new study released by RISI, healthy economic activity and improved standards of living in China will support demand even as some markets such as newsprint experience displacement by electronic technology. China's Influence on World Graphic Paper Markets in the Coming Decade analyzes China's end use structure to determine how it will affect future graphic paper market growth.

Finnish Legislation May Affect PEFC Certification

http://www.forest.fi/smyforest/foresteng.nsf/allbyid/DB4E97983413CB54C2257B34004754D3?OpenDocument 
The Finnish legislation on forest owners’ local associations, that is, Forest Management Associations, is to be revised. The revision will obviously affect the PEFC certification, and in two important ways: in the future membership in the associations will be voluntary and the associations will probably be free to define the geographic area of their activity. 
At the moment, the Finnish PEFC group certification is mainly based on the regions covered by forest owners’ unions, which are the actual bodies applying for and holding the certificates. The Forest Management Associations are members of these unions.

Forbes, Others Using Enhancement Tool

In a world where half of Facebook posts are now images, Web editors swoon over responsive design and brands place photos in tweets, it's clear the Internet has become a more visual place. Now, one company is looking to exploit the love of pictures with a product that both editors and advertisers can use to make digital images more interactive, engaging and, perhaps most importantly, super shareable.
Forbes recently started using ThingLink to enhance its storytelling on the Web, turning a pictorial of the Forbes 400 into an interactive infographic complete with videos, story links and data