As reported by the Pulp and Paper Products Council, Supercalendered paper shipments for December fell -29.7% in December as compared to the same month last year. Shipments were down -7.9% for the year. SC-A/SC-A+ shipments decreased -24.6% for the month and fell -14.1% for the year. Demand for the grade was down -22.8% for December and -7.8% for 2011 and imports decreased -16.5% for the month, but rose +1.2% for the year. SC-B/SNC+ shipments declined -35% for December, but increased +1.6% in 2011. Demand for the grade fell -33.4% for the month, but was up +2.8% for the year. Imports jumped >100% for both the month and for the full year.
Monday, January 23, 2012
NewPage Names Executive Vice President
James C. Tyrone Returns to NewPage as Executive Vice President, Commercial Operations & Business Development:
NewPage has appointed James C. Tyrone as executive vice president, Commercial Operations and Business Development, effective February 1, 2012. The Sales and Marketing, Order Management and Strategy groups will be realigned under his direction. Mr. Tyrone was formerly senior vice president of Sales and Marketing for the company. He most recently served as senior vice president at Appleton Papers.
Resolute Forest Products Extends Date
Resolute Extending Offer for Fibrek to February 13:
AbitibiBowater Inc., doing business as Resolute Forest Products, today announced that it extended to February 13 the expiry date for its offer to acquire all the issued and outstanding common shares of Fibrek Inc. Resolute CEO Richard Garneau said, "…over 57% of Fibrek shares have been tendered as of today."
Old Navy President Resigns
Old Navy president resigns: John Thomson (Tom) Wyatt, president of Gap Inc.'s Old Navy brand, resigned his position in order to become CEO of Portland-based global education company Knowledge Universe-U.S., said John Fread, director of PR at Knowledge Universe.
RRD Closes CT Plant
http://www.piworld.com/aggregatedcontent/117-lose-jobs-when-donnelley-printing-plant-windsor-ct-closesRR Donnelley & Sons is closing its Windsor, CT location in March, putting 117 people out of work. The company is required by law to let the state Department of Labor know about its plans two months ahead of the layoffs, and it did so on Monday.
Standard Register Announces Restructuring
Standard Register Announces Strategic Restructuring, Workforce Reduction: Standard Register announced a strategic restructuring program to better align the company’s resources in support of its growing core solutions business and to reduce costs to offset the impact of to offset the impact of declining revenue in its legacy operations.
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