Friday, May 18, 2012

NewPage Sheet Increase

Effective with deliveries 7/1/12, NewPage is increasing the price for coated sheet products, Anthem/Fortune/Gusto the following: 60# & 70# text weight $3.00 cwt, all cover stock and greater than 70# text weights $2.00 cwt.

Resolute Now Owns 74.56% of Fibrek

Resolute now owns 74.56% of Fibrek:
Resolute is planning to carry out a second step transaction to acquire the Fibrek shares not deposited in the offer. 

Kruger To Reassess Viability of Corner Brook P&P

Kruger to reassess viability of Corner Brook operation after vote doesn’t go their way:
One of the four pension plan groups at Corner Brook Pulp and Paper voted against giving Kruger 10 years, instead of 5, to repay the shortfall in their pension plans. The pension relief measures were a crucial element in Kruger’s strategy for the mill to improve its competitiveness and secure its future.

EU Ecolabel Awarded to UPM Mill

EU Ecolabel awarded to UPM Plattling mill
All UPM paper products produced at UPM Plattling mill in Germany have now been granted the EU Ecolabel. "The EU Ecolabel is a proof of our products’ excellent overall environmental performance and thus low environmental impact,” says Päivi Rissanen, UPM's Environmental Director for Paper Business Group.

USPS Details Mobile Incentive Program

USPS details mobile promotion for direct mailers: The U.S. Postal Service's upcoming 2-D barcode incentive program for direct mailers has been simplified from last summer's inaugural promotion, with new marketer requirements based on mobile best practices.

USPS Moves Ahead With Consolidation Plan

Postal Service Moves Forward with Location Consolidation Plan: Despite a bill partially designed to stop this effort, the United States Post Service will move forward with its 9-month modified consolidation plan. The first step will consolidate 48 locations this summer, with larger-scale consolidation to follow at the start of 2013.

70% of Consumers Welcome Mobile Ads

Study: 70% of consumers welcome mobile ads: Convenience and mobile advertising are key drivers of mobile shopping, said Joe Laszlo, senior director of the Interactive Advertising Bureau's Mobile Marketing Center of Excellence.

April Industrial Production Rebounds

http://www.businessweek.com/news/2012-05-16/u-dot-s-dot-april-industrial-production-and-capacity-report-text
Industrial production increased 1.1 percent in April. Output is now reported to have fallen 0.6 percent in March and to have moved up 0.4 percent in February; previously, industrial production was estimated to have been unchanged in both months.