The United Steelworkers can't "veto" a paper-supply agreement between Appleton and Domtar, a pact that will allow Appleton to cut 330 jobs from its West Carrollton mill, Appleton executives told industry analysts in a conference call Tuesday.
Thursday, March 8, 2012
Quad/Graphics to Close Plant
Quad/Graphics to Close Its Plant in Jonesboro, AR: Quad/Graphics Inc. announced it will cease production at its Jonesboro, AR, facility in the fourth quarter 2012 as it continues to consolidate work onto its most efficient and competitive manufacturing platforms. The plant encompasses approximately 600,000 square feet and currently employs approximately 600 people.
Senator Critical of PRC
Regulators Criticized Over Review of USPS Network Cutbacks: Tom Carper, the Senator for Delaware and a leading voice in Congress pushing for major postal reforms, said that it was “unclear” why the Postal Regulatory Commission was expecting to take until this summer to produce its advisory opinion on USPS downsizing plans. Carper said if the Commission cannot produce even preliminary findings by May, it could find itself sidelined as USPS looks to begin plant closures as soon as possible.
Wednesday, March 7, 2012
Verso Reports 2011 & Q4 Results
http://www.versopaper.com/
Verso reported net sales for 2011 were up 7.3% to $1.7 billion versus $1.6 billion for 2010. Approximately $83 million in "special item" costs, such as costs related to the shutting down of three paper machines, debt refinancing and goodwill impairments, were tacked on to a pre-item loss of about $54 million. New product development costs were about $5 million for the year. In all, Verso recorded a net loss of $137 million.
H2 11 Decline for Global Pulp Price
global pulp price plummets 20%: Wood Resource Quarterly (WRQ) has said that global pulp price fell by around 20% in the second half of last year.
Magazines & Creative Use of Personalization
Trying to answer the digital era's increasing demands for personalization, magazines are pushing further into ads that address readers individually.
The March issue of Harper's Bazaar, for example, arrived at 300,000 subscribers' homes accompanied by a full-page flier greeting subscribers by name and urging them to visit specific Neiman Marcus stores within 50 miles.
January Commercial Printing Ships Fall
January US Commercial Printing Shipments Down -2.4% Compared to 2011 (Economics & Research Center):
The year started with a mild thud in January, with current dollar printing shipments at $6.4 billion, down -$160 million, or -2.4% compared to the prior year.
The year started with a mild thud in January, with current dollar printing shipments at $6.4 billion, down -$160 million, or -2.4% compared to the prior year.
Top Magazine Industry Deals
The Top Magazine Industry Deals of 2011: While not a blockbuster year for magazine media M&A, 2011 did have its share of big deals, as well as some that clearly signaled where publishers were placing their bets on future revenues. Hearst’s purchase of the Hachette brands was the biggest strictly magazine deal of the year.
Hearst Completes Acqusition
Lagardere SCA’s Magazine Portfolio: Hearst Corp. finally completed its $919 million acquisition of Lagerdere SCA’s nearly 100 magazines outside the French market in December 2011 when it closed on its deal to buy the Hachette China operations. The full transaction, which had been undergoing regulatory approval in 15 different countries, was initiated in late 2010.
Bloomberg Businessweek’s Site Redesign
Behind Bloomberg Businessweek’s Site Redesign: After relaunching its print product two years ago, Bloomberg Businessweek recently debuted a redesigned website to reflect the changes readers are seeing in print.
J.C. Penney Invests in MSLO
16 Percent Stake In MSLO: After initiating a search for investors and potential partners with Blackstone Advisory Partners in May 2011, Martha Stewart Living Omnimedia announced that retailer J.C. Penney invested $38.5 million in the multi-brand company, and will hold a 16.6% stake.
Bonnier Buys Hunting Expos
Hunting Expos: Bonnier Corporation, publisher of magazines including Field & Stream and Outdoor Life, purchased four hunting expos from Mequon, Wisconsin-based Target Communications for an undisclosed sum.
Tuesday, March 6, 2012
More Producers Announce UFS Price Increases
NewPage, Boise, Glatfelter and Finch have announced price increases for uncoated freesheet. Domtar and International Paper had previously reported price increases affecting the same grade. The changes, which vary from producer to producer, are characterized by an jump of $3.00/cwt for offset rolls and $1.50/cwt for sheets and return card and are effective with shipments on and after April 1.
Appleton Reports 2011 Results
http://www.paperage.com/2012news/03_06_2012appleton_earnings.html
| Appleton's 2011 net sales of $857.3 million increased 0.9% compared to 2010 net sales of $849.9 million. Appleton reported 2011 operating income of $36.1 million compared to $37.0 million during 2010. |
2011 Chinese Pulp Imports Up 26.2%, RCP 12%
Pulp imports for 2011 totaled some 14.340 million tonnes, a jump of +26.2% from the previous year. 2011 BSK imports rose +45.9%. China's total pulp imports fell -16.7% in January as compared to the same month last year and BSK pulp imports were down -21.8%.
2011 RCP imports totaled around 27.280 million tonnes last year, up +12.0% from 2010. China's total recovered paper (RCP) imports declined -25% for January as compared to the same month in 2011.
Hearst Digital Media Picks Sprout
Hearst Digital Media taps Sprout to bolster mobile ads: Hearst Digital Media, a unit of Hearst Magazines, has tapped mobile brand-advertising platform Sprout, Laura Schooling, Hearst Digital Media's executive director of marketing services, confirmed.
Study: Newspaper Digital/Print Ads
Study: Newspapers lose $7 in print advertising for every $1 gained in digital revenue: Newspapers lose $7 in print advertising for every $1 they gain in digital advertising, according to a study conducted by the Pew Research Centers Project for Excellence in Journalism.
Quebecor, CBC Settle Dispute
Deal ends Quebecor, CBC dispute:
In an agreement announced Monday, the public broadcaster will now buy advertising in Quebecor media outlets, such as the Sun newspaper chain and the Journal de Montreal.
In an agreement announced Monday, the public broadcaster will now buy advertising in Quebecor media outlets, such as the Sun newspaper chain and the Journal de Montreal.
Monday, March 5, 2012
IP Announces Price Jump
International Paper has informed customers that it is increasing the price of Williamsburg offset rolls, Williamsburg Return Postcard rolls, Accent Opaque rolls and Springhill offset colors in rolls and sheets by $3.00/cwt, effective with April 2 shipments. The cost of Williamsburg offset sheets, Williamsburg Retrurn Postcard sheets and Accent Opaque sheets will go up $1.50/cwt on the same date.
Domtar Increases UFS Price
http://www.paperage.com/2012news/03_05_2012domtar_ufs_price.html
Paperage is reporting a March 2 announcement by Domtar that it is increasing their price for uncoated freesheet offset rolls by $60 per ton, effective April 1. There is no change to cutsize pricing
Changes at Sappi's Cloquet
For 113 years, there’s been a mill in Cloquet making pulp for use in paper mills — but not much longer. The mill isn’t going anywhere and still will be making paper, and it still will be turning trees into pulp. But the pulp made by Sappi Fine Paper in the future will be made into clothing and baby wipes.
Resolute’s Thunder Bay Mill Adding Workers
General Manager of Resolute’s Thunder Bay mill promises 300 jobs:
Doug Murray, general manager Resolute Forest Products in Thunder Bay, Ontario said he is expecting to hire at least 300 skilled trades-people in the coming years.
Doug Murray, general manager Resolute Forest Products in Thunder Bay, Ontario said he is expecting to hire at least 300 skilled trades-people in the coming years.
ALM Names President and CEO
ALM Hires Bill Carter As New President and CEO:
ALM has found its new president and CEO in Bill Carter, who replaces the departing William Pollak and who was most recently senior vice president of Thomson Reuters' Small Law Business Unit. Carter officially starts with the company today.
ALM has found its new president and CEO in Bill Carter, who replaces the departing William Pollak and who was most recently senior vice president of Thomson Reuters' Small Law Business Unit. Carter officially starts with the company today.
Comag Sold to Jim Pattison Group
How the Sale of Comag Might Impact the Newsstand Supply Chain: Comag Marketing Group, the national magazine distributor jointly owned by Hearst and Condé Nast, has been sold to the Jim Pattison Group.
Heidelberg Installs Speedmaster XL 105
Heidelberg Installs Speedmaster XL 105 in Its North American Print and Publishing Technology Center: Commercial and packaging printers looking to evaluate the very latest in sheetfed offset technology need look no further than Heidelberg USA’s North American Print and Packaging Technology Center.
Kodak Partners with Graphic Innovators
Kodak Partners with Graphic Innovators on Hybrid-Printing Solutions: ROCHESTER, NY—March 2, 2012—Kodak and Graphic Innovators are partnering to provide customers with new opportunities to expand their offerings using hybrid inkjet printing.
Friday, March 2, 2012
IP Completes Sale of Inverurie Mill
http://www.internationalpaper.com/US/EN/index.html
International Paper announced today that it has completed the sale of the major part of its former Inverurie Paper Mill site. The UK mill made 255,000 mtpy of uncoated (230M) and coated woodfree paper and was closed in 2010.
SF Wants to be First
The San Francisco Treasurer’s Office, which wants printed paychecks to become a thing of the past, is introducing a new program encouraging businesses to move to completely electronic payroll systems. The city wants to be the first in the nation to eliminate printed paychecks.
Chairman of Forbes to Receive Prism Award
Steve Forbes to Receive Prism Award from New York University:
The Advisory Board of the NYU School of Continuing and Professional Studies Graphic Communications Management and Technology program has named Steve Forbes, chairman and editor-in-chief of Forbes Media LLC, the winner of the 2012 Prism Award.
The Advisory Board of the NYU School of Continuing and Professional Studies Graphic Communications Management and Technology program has named Steve Forbes, chairman and editor-in-chief of Forbes Media LLC, the winner of the 2012 Prism Award.
Ideal Printers and PrintMailers Merge
Ideal Printers and PrintMailers Merge to Become Seebridge Media: Ideal Printers and PrintMailers Inc., two of Houston’s largest mail and print service companies, announced a merger that will combine their complementary portfolio of cross-media production services into a new company named Seebridge Media.
Kodak Reports Proposed Sale of Gallery
Kodak Announces Proposed Sale of Gallery Photo Services Site to Shutterfly: Eastman Kodak has entered into an agreement with Shutterfly, a leading Internet-based social expression and personal publishing service, for the proposed sale of certain assets of its Kodak Gallery online photo services business for $23.8 million.
Thursday, March 1, 2012
Catalyst Paper Reports 2011 Net Loss
http://www.catalystpaper.com/investors
Catalyst Paper posted a net loss of $974.0 million in 2011 due in large part to asset impairments on Canadian and Arizona-based operations. Other factors contributing to the loss were capital restructuring costs, a foreign exchange loss on the translation of U.S. dollar denominated debt and fire-related outages at the Snowflake and Powell River mills.
Sales in 2011 of $1,261.5 million were up over sales of $1,228.6 million in 2010 as pricing momentum helped mitigate the effect of the strong Canadian dollar.
New York Magazine's New Title
New York Magazine Spins Off Annual Shelter Title:
New York magazine will debut its second stand-alone print spin-off this spring. A shelter title, New York Design Hunting’s launch will coincide with the International Contemporary Furniture Fair, running from May 19-22 at the Javits Center in New York City.
New York magazine will debut its second stand-alone print spin-off this spring. A shelter title, New York Design Hunting’s launch will coincide with the International Contemporary Furniture Fair, running from May 19-22 at the Javits Center in New York City.
Disney Debuts DisneyBaby.com
Disney Baby combines e-commerce with social: In an effort to create a brand-oriented social commerce experience for expectant and new parents, The Walt Disney Company rolled out DisneyBaby.com in January.
'Bloomberg Businessweek' Relaunches Website
'Bloomberg Businessweek' relaunches website: Bloomberg Businessweek has relaunched its website, Businessweek.com. The site is designed to provide more real-time analysis of news, issues and trends, a Bloomberg Businessweek spokeswoman said.
B-to-b Print Revenue Down 2.6%
B-to-b print revenue falls 2.6% in November: B-to-b print advertising revenue declined 2.6% in November compared with November 2010, according to American Business Media's Business Information Network data. It marked the first time in 2011 that monthly ad revenue dropped.
Northstar Travel On the Block
Northstar Travel On the Block: Northstar Travel Media, the private equity-backed publisher of some of the industry’s best known travel-related brands, is up for sale and gauging interest from prospective buyers, several sources confirmed this week.
Martha Stewart Living Omnimedia Reports Results
Martha Stewart Living Omnimedia reported a rough last quarter in 2011, closing out a tough financial year for the company’s publishing division.
Cenveo Reports 2011 and Q4 Results
http://www.cenveo.com/news.htm
During the first quarter of 2012, Cenveo completed the previously announced sales of its Forms and Business Documents Group and its wide format paper business.
For the three months ended December 31, 2011, net sales were $486.5 million, as compared to $435.0 million for the same period in the previous year, an increase of 11.8%. For the year ended December 31, 2011, net sales were $1.9 billion, compared to $1.7 billion for the prior year, an increase of 11.7%. The increase in net sales was primarily due to the acquisition of MeadWestvaco Corporation's Envelope Product Group ("EPG"), and growth from direct envelope, custom label, content management, and specialty packaging product lines.
Quad, Transcontinental Close Sale
Quad, Transcontinental Report Closing Sale/Acquisition of Canadian Plants: Quad/Graphics Inc. announced that it has completed the previously announced sale of its Canadian operations to Transcontinental Inc.
Printing Industry Landscape Changing
Consolidation transforms the printing industry landscape:
While consolidation has been a growth and hang-on strategy for some in the printing industry, the space is undergoing such a seismic shift in its expanding arrays of services that the old metrics and measures no longer apply.
While consolidation has been a growth and hang-on strategy for some in the printing industry, the space is undergoing such a seismic shift in its expanding arrays of services that the old metrics and measures no longer apply.
Wednesday, February 29, 2012
Progress at NewPage Port Hawkesbury Mill
Progress is continuing to be made in the sale of the NewPage Port Hawkesbury supercalendered paper mill, with the union preparing to go to the negotiating table with the prospective buyer.
Steve MacDougall, recording secretary for Communications, Energy and Paperworkers Local 972, confirmed Tuesday the union is finalizing dates for negotiations this month with Pacific West Commercial Corp., headed by Ron Stern.
Forbes Media Names Executives
Forbes Media promotes two executives: Meredith Kopit Levien has been promoted to chief revenue officer at Forbes Media, said Mike Perlis, president and CEO of Forbes Media. Mark Howard has also been promoted to SVP of digital advertising strategy.
Quad/Graphics Reports Q4 and 2011 Results
Quad/Graphics Reports Sales Declines, Net Loss: Quad’s net sales for the fourth quarter of 2011 were $1.31 billion, down from $1.39 billion for the same period in 2010. It recorded a net loss of $6.8 million for the quarter, compared to net earnings of $26.5 million in the four quarter of 2010. For the full-year 2011, net sales were $4.67 billion, compared to pro forma net sales of $4.76 billion for the previous year. Quad’s net loss of $46.6 million was an improvement over its net loss of $250 million for fiscal 2010.
Heidelberg Presents Linoprint
Heidelberg Presents Entire Digital Print Portfolio Under the Name Linoprint: At the forthcoming drupa - from May 3 to 16, 2012 in Düsseldorf - Heidelberger Druckmaschinen AG (Heidelberg) will be launching its complete range of digital print solutions for commercial and packaging printing under the name Heidelberg Linoprint.
RRD Sells $450 Million in Notes
New Issue-RR Donnelley sells $450 mln in notes:
R.R. Donnelley & Sons Co on Tuesday sold $450 million of senior unsecured notes, said IFR, a Thomson Reuters service.
R.R. Donnelley & Sons Co on Tuesday sold $450 million of senior unsecured notes, said IFR, a Thomson Reuters service.
Tuesday, February 28, 2012
European Woodfree Shipments Fall
CEPIFINE has reported that European coated woodfree paper shipments declined -3.2% in January as compared to the same month last year. Demand decreased -2.2% and exports fell -6.6%. Uncoated woodfree shipments for the month were down -4.2%, demand fell -0.5% and exports declined -25.4%.
NewPage Names Director, Mill Operations
NewPage announced Greg Maule has been promoted to senior director, Manufacturing Operations and will oversee all NewPage mill operations, effective immediately. Maule was previously the mill manager for the Escanaba operations. Roger Rouleau will replace Mr. Maule as mill manager, Escanaba.
IP to Increase Pulp Pricing
International Paper (IP) informed customers that it will increase prices on three key grades of market pulp by $20-35/tonne depending on grade and region, effective March 1 until further notice, industry contacts said today.
Global Ad Spending Expected to Rise
Global ad spending to accelerate this year: Global advertising expenditures are expected to grow by 4.9% this year, to $465.5 billion, following 3.8% growth in 2011, according to research and consulting company Strategy Analytics.
16 M Tablet Publications Downloaded
Adobe: 16 Million Tablet Publications Downloaded in Last 12 Months: Adobe has released some insights gleaned from data it's been collecting from many of the tablet publications that use its Digital Publishing Suite. 68% of readers worldwide pay for digital magazines and newspapers. Within that 68%, 15% opt for single-copy purchases, 26% buy subscriptions and 27% go for print/digital bundles.
Creel Secures Publishing Contract from CSPS
Creel Secures Exclusive Publishing Contract from The Christian Science Publishing Society: LAS VEGAS—Feb. 28, 2012—Creel Printing has been selected as the exclusive publishing partner for The Christian Science Publishing Society (CSPS). Creel will handle production, versioning and distribution of the CSPS’s entire print lineup—including the print and digital editions of The Christian Science Monitor.
Monday, February 27, 2012
European SC & Coated Mechanical Shipments Up in January
EURO-GRAPH reported shipments of Supercalendered paper shipments increased +8.7% in January as compared to the same month last year. Demand rose +12.8%. Exports declined -9.6%. Coated mechanical paper shipments rose slightly by +0.7% in January. Demand fell -5.9%. Exports jumped +25.8%.
Alpac Increases NBSK Price
Alberta-Pacific announced late today that its NBHK pulp price will increase $30-35/tonne in North America and Asia, effective March 1 until further notice.
Smart Papers Closes Ohio PM
SMART Papers continued layoffs Friday as it winds down its paper mill business here.
In spite of the layoffs, executives of the city’s last running paper mill said they are still aggressively looking for buyers.
SMART this week shut its single paper machine down on Friday.
Standard Register Reports 2011 Revenue
Standard Register Reports a $648.1 Million Revenue for 2011: Standard Register today announced its financial results for the fourth quarter and full year 2011. The Company reported revenue of $161.4 million and a net loss of $95.5 million, or $3.28 per diluted share for the fourth quarter of 2011.
Penton's Technology Media to Go Digital
Penton's technology media group to go all-digital: Penton Media's technology media group announced that it will cease printing its magazines, which will become entirely digital brands beginning in May.
FT Group Digital & Subscription Revenues Up
Digital, Subscription Revenues Ever More Important for FT Group:
Since 2007, the Financial Times Group has grown its digital business from a quarter of overall revenues to almost half, says Pearson in its 2011 financials. While traditional lines of business are flat or down, the group is placing a premium on digital and subscription revenues.
Since 2007, the Financial Times Group has grown its digital business from a quarter of overall revenues to almost half, says Pearson in its 2011 financials. While traditional lines of business are flat or down, the group is placing a premium on digital and subscription revenues.
2012 Ad Spend to "Significantly" Improve
Report: US advertising spend to "significantly" improve in 2012: Total U.S. advertising spend is expected to increase 2.7% to $152.1 billion in 2012, according to a forecast conducted by research firm Strategy Analytics. A Strategy Analytics statement described the jump as "significant improvement."
Friday, February 24, 2012
St. Mary's Paper Workers "Prepare for Worst"
http://www.saultstar.com/ArticleDisplay.aspx?e=3479978
The cone of silence has descended upon the court-appointed receiver's sales process, nobody is willing to confirm whether its new ownership, or liquidation, for the Sault Ste. Marie specialty paper manufacturer and silence speaks volumes to the union.
The cone of silence has descended upon the court-appointed receiver's sales process, nobody is willing to confirm whether its new ownership, or liquidation, for the Sault Ste. Marie specialty paper manufacturer and silence speaks volumes to the union.
M-real Stops UWF Production at Gohrsmuhle Mill
http://www.paperage.com/2012news/02_24_2012mreal_gohrsmuhle_mill.html
M-real announced that it has decided to discontinue uncoated fine paper and "unprofitable" speciality paper production at its Gohrsmuhle mill in Germany.
As a result of the measure, M-real’s annual uncoated fine paper capacity will be reduced by approximately 120,000 tonnes and speciality paper capacity by 70,000 tonnes.
M-real announced that it has decided to discontinue uncoated fine paper and "unprofitable" speciality paper production at its Gohrsmuhle mill in Germany.
As a result of the measure, M-real’s annual uncoated fine paper capacity will be reduced by approximately 120,000 tonnes and speciality paper capacity by 70,000 tonnes.
Domtar & Appleton Sign $3B Deal
Domtar signs $3B, 15-year supply deal with Appleton to provide uncoated base paper for thermal, carbonless, and other specialty papers: Appleton and Domtar Corporation today announced a tentative agreement in which Domtar would supply Appleton with most of the uncoated base paper the company needs to produce its thermal, carbonless, and other specialty paper products. T
Resolute Wins Cease Trade Decision
Resolute succeeds in obtaining cease trade decision:
AbitibiBowater Inc., doing business as Resolute Forest Products, has announced that the Bureau de décision et de révision (Québec) has accepted, with immediate effect, the company’s application to cease trade Fibrek Inc.‘s private placement of 32,320,000 special warrants to Mercer International Inc. Fibrek announced they will appeal the decision.
AbitibiBowater Inc., doing business as Resolute Forest Products, has announced that the Bureau de décision et de révision (Québec) has accepted, with immediate effect, the company’s application to cease trade Fibrek Inc.‘s private placement of 32,320,000 special warrants to Mercer International Inc. Fibrek announced they will appeal the decision.
Quad/Graphics Awarded All Rite Aid Insert Work
Quad/Graphics Lands All of Rite Aid’s Print and Digital Insert Work: Quad/Graphics Inc. will become the exclusive printer of retail inserts for Rite Aid Corp. under a new multiyear agreement that also includes producing digital online editions of Rite Aid’s weekly newspaper circular promotions.
Asset International Launches New Title
Asset International to launch 'Philanthropy Management' magazine: Asset International, a b-to-b financial publisher, plans to launch a new quarterly print publication, Philanthropy Management, next month.
Thursday, February 23, 2012
January Global Pulp Deliveries Fall
| Global pulp deliveries fell by 12.9% to 3.535 million tonnes in January, down from a revised 4.059 million tonnes the previous month, according to Pulp and Paper Products Council data. Shipments were 3.1% higher than the year-earlier period, up from 3.428 million tonnes in January 2011. |
Papermakers; Wood Pulp Could be Replaced
http://www.rsc.org/chemistryworld/News/2012/February/cellulose-nanomaterial-paper-environment.asp
AF&PA on Biomassed Product Procurement
http://www.afandpa.org/pressreleases.aspx?id=2458
AF&PA President and CEO Donna Harman released the following statement today in response to President Obama’s memorandum directing the federal government to increase procurement of biobased products. “The forest products industry is a leader in sustainability and makes renewable, recyclable biobased products that provide over 900,000 U.S. jobs supporting families and communities in mostly rural areas across our country..."
AF&PA Submits Boiler MACT Comments to EPA
http://www.afandpa.org/pressreleases.aspx?id=2459
The American Forest & Paper Association today submitted comments on the Boiler MACT rules to the EPA. The Boiler MACT rules also include the Commercial and Industrial Solid Waste Incineration rule, Non-Hazardous Secondary Materials rule and Boiler GACT rule.
Fibrek Reports Q4 Loss
Fibrek reports a net loss of $79.9 million in 4th quarter:
Fibrek is reporting a net loss of $79.9 million in the fourth quarter of 2011, compared with net earnings of $2.6 million for the corresponding period of 2010.
Hearst Digital Media Expands ELLE Partnership
Hearst Digital Media Expands ELLE Partnership with Style Coalition:
In addition to a new portfolio of magazines, Hearst also inherited ELLE’s partnership with the Style Coalition blog network during its 2011 Hachette acquisition. Hearst Digital Media will expand this partnership to include Hearst’s 28 digital properties; its ad team will also sell Style Coalition display advertising, in addition to using SC resources to create custom programs for marketing clients.
In addition to a new portfolio of magazines, Hearst also inherited ELLE’s partnership with the Style Coalition blog network during its 2011 Hachette acquisition. Hearst Digital Media will expand this partnership to include Hearst’s 28 digital properties; its ad team will also sell Style Coalition display advertising, in addition to using SC resources to create custom programs for marketing clients.
Dirt Rag Wins Aveda Environmental Award
http://www.foliomag.com/2012/dirt-rag-wins-2012-aveda-environmental-award-magazines
Aveda and the Green America Better Paper Project named the winners of the 2012 Aveda Environmental Award for Magazines. Dirt Rag, a mountain biking magazine, earned this year’s top spot. Kansas City’s green living publication Greenability landed the runner-up nod, and GRIT completes the top trio as finalist. The award recognizes the best in sustainable publishing practices in the consumer and b-to-b sectors.
NAPL and PIA Discuss Unification
NAPL and PIA Form Task Force to Explore Unification: At a meeting held prior to the Vision 3 conference a group of industry leaders convened to explore opportunities to unify NAPL and PIA.
HP Reports FY Q1 Results
HP Net Profit Drops 44%: HP today announced financial results for its first fiscal quarter ended January 31, 2012. For the quarter, net revenue of $30.0 billion was down 7% from the prior-year period, and down 8% when adjusted for the effects of currency.
Wednesday, February 22, 2012
PPPC Reports NA January Numbers
The PPPC reported that coated mechanical paper shipments declined by -3.2% in January as compared to the same month last year. Demand fell -4.2% and imports were up +6.4% The operating rate was 89%. Coated woodfree shipments decreased -1.3% in January. Demand was down -10.6% and imports fell -32.6%. The operating rate was 87%. SC-A/SC-A+ shipments decreased -21.8%, demand declined -19.3% and imports fell -20.5%.
RRD Reports Q4 Net Loss
RR Donnelley Records a Net Loss as Demand Softens: R.R. Donnelley & Sons reported a fourth-quarter net loss of $326.7 million on net sales of $2.7 billion. That compares to net earnings of $27 million on net sales of $2.7 billion in the fourth quarter of 2010.
Customer Titles in Top 100 Up 9.5% H2/H1 2011
Men's lifestyle mags hit in latest ABCs: Magazines showed a small overall decline in circulation in the second half of 2011 while customer titles dominated the top 10, according to figures published by the Audit Bureau of Circulation (ABC). Tesco, Asda and National Trust were the top three magazines.
Demand for print remained relatively stable.
Demand for print remained relatively stable.
Publishers Seek More Control of On-Line Ads
Real-Time Advertising Bidding Offers Publisher Control: As publishers attempt to make online advertising a profitable and engaging business model, real time bidding on Web inventory by prospective clients is becoming more prevalent. Conde Nast launched a private Web ad exchange with AdMeld for select clients in late 2011, and now smaller publishers are getting in the game.
Tuesday, February 21, 2012
AF&PA Reports January P&W Shipments
http://www.statmill.org/detailedpressrelease.asp?rid=227&pid=JAN2012
According to the American Forest & Paper Association’s January 2012 Printing-Writing Paper Report, total printing-writing paper shipments decreased 3% in January compared to January 2011. All four major printing-writing grades posted decreases compared to last January.
Catalyst Paper Names Chair
http://www.catalystpaper.com/media/news/community/catalyst-paper-announces-changes-board-directors-0
Catalyst Paper Corporation announced today that its Board of Directors has elected Jeffrey Marshall as Chair of the Board to replace Benjamin Duster.
Flambeau River Faces EPA Requirements
The Environmental Protection Agency is enforcing new regulations which could force Flambeau River Papers in Park Falls, WI to shut down. The mill has an annual capacity of 150,000 st of uncoated freesheet.
Wood Fiber Costs Declined in Q4
Wood fiber costs for pulp manufacturers declined in the 4Q/11 as pulp prices fell
Global demand for pulp has declined and pulp prices fell during the second half of 2011.
As a consequence, prices for wood fiber, the highest cost component when producing pulp, were down throughout the world, as reported by the Wood Resource Quarterly. The Global Wood Fiber Indices for softwood and hardwood fiber declined 3.5% from the 3Q/11.
Global demand for pulp has declined and pulp prices fell during the second half of 2011.
As a consequence, prices for wood fiber, the highest cost component when producing pulp, were down throughout the world, as reported by the Wood Resource Quarterly. The Global Wood Fiber Indices for softwood and hardwood fiber declined 3.5% from the 3Q/11.
2011 European Paper Production Down -2%
After the recovery in 2010 following the previous financial downturn, the indications are that paper and board production by CEPI member countries fell in 2011 by close to 2% as the momentum of the revival was affected by the economic slowdown, particularly in the second half of the year.
Quad to Close Sale to Transcontinental
Quad Expects to Close the Sale of Its Canadian Operations: Quad/Graphics Inc. today announced that it has been authorized by Canada’s Competition Bureau to complete the sale of its Canadian operations to Transcontinental Inc. The company expects to close the transaction in the next several weeks.
Transcontinental Announces $400 Million CAD
Transcontinental Puts in Place a New $400 Million Credit Facility: Transcontinental Inc. announced that it has put in place a new $400 million (CAD) five-year unsecured revolving credit facility that expires in February 2017.
USPS Releases New Plan
USPS releases new business plan: The U.S. Postal Service today released an important update to its business plan for returning to profitability and long-term financial stability. While fundamentally consistent with the approach advanced by the Postal Service over the past year, the plan released today incorporates important refinements of financial projections and recommended legislative reforms.
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