Resolute/Fibrek Fight Continues

The Fibrek Inc. Board of Directors continues to recommend that shareholders TENDER to the superior $1.40 offer made by Mercer International Inc., which will be open for acceptance until 11:59 on April 27, 2012. As of April 11, almost 25% of Fibrek shares had already been tendered to Mercer's superior offer, representing approximately half of Fibrek's minority shareholders.

 Separately, it was reported that AbitibiBowater Inc., doing business as Resolute Forest Products, today announced that it has taken up and accepted for payment 2,664,351 additional shares of Fibrek Inc... Resolute holds approximately 48.8% of the currently outstanding Fibrek shares.

Brazil Sets Duties on LWC

Brazilian authorities today confirmed anti-dumping duties against lightweight coated (LWC) with basis weights of 50-72 g/m² imported from the USA, Finland, Sweden, Belgium, Canada and Germany. The request was made by Brazil's sole local LWC producer Stora Enso.The U.S. imports very little coated mechanical to Brazil.

Google Closes Subsciption Model

http://www.foliomag.com/2012/google-folds-paid-content-service-one-pass

After only a year and some change, Google folded its paid content platform One Pass. According to reports, Google made the decision public on its blog.

One Pass launched in early 2011, shortly after Apple announced its subscription model. The service appeared to be another option for publishers who did not want to play by Apple’s subscription rules.

Stora Enso Reports Q1 Results

Stora Enso profit falls on pricing pressure:
Finnish paper company Stora Enso reported a 43% fall in quarterly core operating profit due to pricing pressure and weaker demand for its graphic paper.
Europe's largest papermaker reported a core operating profit of 147 million euros ($193 million), down from last year's 258 million but above the market's average forecast of 139 million.

Study Shows Consumers Value Mail

Consumers Value Physical Mail, Even In This Digital Era: A survey conducted by Nielsen confirms consumers value physical mail, even in this digital era, and that marketing messages delivered via envelope get openend.

Print & Packaging May Be Recovering

Print and packaging sector 'showing early signs of recovery':
In the print and packaging sector the number of firms in difficulty fell by a massive 73% in the first quarter of 2012 compared to an overall drop of 17% across all sectors.
All other manufacturing businesses saw distress levels fall by 49%.