Monday, June 10, 2013

Atlas Holdings/Blue Wolf Acquire Twin Rivers

http://www.paperage.com/2013news/06_10_2013twin_rivers_paper_acquisition.html 
Atlas Holdings and Blue Wolf Capital Partners have completed the acquisition of controlling interest in Twin Rivers Paper Company. In addition, a new board of directors has been formed.
Twin Rivers, with facilities in Edmundston and Plaster Rock, New Brunswick, and Madawaska, Maine, produces specialty papers and lumber for a variety of markets.
Adam Blumenthal, Managing Partner of Blue Wolf, Tim Fazio, Managing Partner of Atlas Holdings, and new Twin Rivers’ Chief Executive Officer, Tim Lowe, join existing board members. Joining Lowe on the new executive team for Twin Rivers are Wayne Gosse, Chief Financial Officer, Jean-Pierre Grenon, Vice President Forestry and Sawmill Operations, and Adam Levy, Chief Restructuring Officer.

Another European Mill Raises Coated Price

Papierfabrik Scheufelen, Lenningen/Germany, wishes to inform that due to rising cost for raw material, energy and transport, the company will be obliged to adjust its sales prices.
The price increase of 40 per ton will be implemented for all deliveries as from July 1st 2013 and will be applied for all woodfree coated qualities bvs and bro.

National Envelope Files for Bankruptcy

National Envelope, privately held by Gores Group, filed for Chapter 11 bankruptcy protection on Monday, according to media reports.
The goal is to sell the company, possibly to rival envelope leader Cenveo, the Wall Street Journal said.
Gores Group acquired National Envelope out of bankruptcy in 2010.
The company will consider filing a plan of reorganization or selling its assets to the highest bidder at a bankruptcy court-overseen auction.
National Envelope reports having 2,200 employees at eight production facilities in seven states.

Nippon Studies Energy Project

Nippon Paper Industries Co., Japan’s second-biggest paper producer, is considering a project to build what would be its largest power plant in Ishinomaki, a port city north of Tokyo wrecked by the 2011 earthquake. 
The project, an example of Nippon Paper’s drive to expand outside its mainstay paper products, represents the kind of investment Prime Minister Shinzo Abe endorsed this week as part of efforts to deregulate the electricity industry. Nippon Paper may eventually sell some of the power generated to customers.

China's Paper Sector Revenue Grows

In1Q 2013, Chinese paper sector registered 161.4 billion yuan of income, up 6.2% year on year. Total profits were 6.2 billion yuan, jumping 25.1% year on year. Gross profit ratio was 12%, up 0.2% year on year. Net profit ratio from sales was 3.9%, up 0.6% year on year.

Outdoor Ad Revs Rise To $1.5 Billion

Out-of-home advertising revenue grew 4.5% from $1.4 billion in the first quarter of 2012 to $1.5 billion in the first quarter of 2013, according to the latest figures from the Outdoor Advertising Association of America. 
That marks the 12th straight quarter of increases for out-of-home, which has been chugging along with a steady year-over-year growth rate in the mid-single-digits since the second quarter of 2010, including a 4.2% increase in 2012.  

J.Crew Reports Q1 Results

After several seasons of rampant growth, J.Crew posted a decline this quarter, WWD reports. Net income went down 4.5% to $29.3 million this spring. 
Libby Wadle, newly promoted president of the J. Crew brand, says times were tough this spring. "It was a tough macroeconomic environment out there. We had to change how we planned to do business. It was about navigating through the environment in the healthiest way we could."

China Becomes World's Largest Newspaper Market

Since 2008 circulation in America has fallen by 15% to 41 million while advertising revenue has plummeted by 42%, accounting for three-quarters of the global decline in advertising revenue in the same period. In Europe, circulation and advertising revenue have both fallen by a quarter. …
Looking further east, though, things look brighter. Circulation in Asia has risen by 10%, offsetting much of the decline elsewhere. With 114.5m daily newspapers, China has surpassed India to become the world’s biggest newspaper market.

Global Biomass Industry 2013

"Global Biomass Industry" report to their offering.
Over the years to come, biomass will grow within the biopower, biofuels and bioproduct sectors. The market value of electricity generated from biomass in the United States was over $45 billion in 2011. About 70% of all biomass in the world is used in the residential sector, while 14% is used in industry and 11% is transformed into electricity, heat, or another energy carrier such as liquid fuel or biogas. 
Under the present market conditions, the majority of available renewable power resources including biomass power are yet to become cost competitive compared to non-renewable resources including coal and natural gas. Going forward, benefits from national level programs, energy efficiency incentives and financial incentives targeting the expansion of the renewables market will create demand for additional biomass power capacity globally between 2012 and 2035.

Multinationals Bet on China's Growth

Multinationals bet on China's growth:
Leaders of some of the most influential global companies in the world agreed Friday in Chengdu, capital of Southwest China's Sichuan Province, that China would be the most competitive emerging market for them in the next decade, despite short-term volatility.Southwest China's Sichuan Province, that China would be the most competitive emerging market for them in the next decade, despite short-term volatility.
During his visit to the company's packaging operation in Chengdu this week, IP's Faraci found that while its export volume was down by 15 to 20 percent year-on-year, domestic sales growth has buttressed its overall growth at about 7 percent year-on-year.
As the Chinese consumer market is fast emerging, International Paper has followed its customers, mostly foreign consumer goods companies, to gear more of its paper packaging output toward the Chinese domestic market, which accounts for half of its sales volume now, according to its chairman.

Use of Traditional Ads Promote Social Presence

Brands' Use of Traditional Ads to Promote Their Social Presences; Are Consumers Noticing?: Brands are increasingly promoting their Facebook pages and Twitter hashtags in traditional ad messages; One in four say they recall these ads in banner and TV ad, 21% recall social promotions in print ads.
In March 2013, Burst Media surveyed 2,577 U.S. online adults to understand how and why respondents use social media to interact with a brand—and "gauge the effectiveness of socially empowered brand messaging across digital, broadcast, print and outdoor advertising media."   ...One-fifth (21.2%) of respondents notice brands promoting their social presence in magazines and newspapers.