Tuesday, June 19, 2012

Domtar Lowers NBSK Pulp Price

Domtar is reported to be the first to announce another change in northern bleached softwood kraft (NBSK) market pulp prices. The North American NBSK price will decrease by $20/tonne, effective July 1.
Separately, UTIPULP  reported European pulp consumption increased 5.9% in May and inventories fell by 2.5%.

Novia Scotia Power and Port Hawkesbury Getting Closer to Deal


Nova Scotia Power’s plan to become a limited partner in the former NewPage Port Hawkesbury paper mill could affect the utility’s credit rating, a consultant says. John Athas of Boston-based La Capra Associates says that’s one of the risks to ratepayers of a proposed agreement between Nova Scotia Power and the mill’s would-be owner, Pacific West Commercial Corp. of Vancouver.

Kruger & Unions Leave the Table


Kruger Inc. has left the bargaining table in Corner Brook without reaching an agreement with the unions. However, all union locals have agreed to meet with their members this coming week to hold a vote on the company’s final proposal,

Catalyst Gets Approval

Catalyst Paper today announced that, further to its news release dated June 14, 2012, it has received approval from the Court for additional meetings of its secured and unsecured creditors.

Bowater Mersey Assets Valuable, Sale Unlikely


Potential buyers may be quietly eyeing timberland, power facility
A forestry analyst says it’s highly unlikely the Bowater mill will rise again to make newsprint, but Resolute Forest’s timberlands and power facility are part of a “very desirable asset class.”
Another paper mill is unlikely to rise from the ashes of the Bowater Mersey newsprint facility, a forestry analyst says.

UPM Plans Biomass Plant in Uruguay


http://www.bnamericas.com/news/electricpower/ute-upm-biomass-plant-online-by-2015

UPM is planning to build a 50MW biomass plant at its pulp mill in Fray Bentos, Uruguay. The US$130-million power station would be operating in 2015 and sell its excess power to Uruguay state-run power company UTE.

Q1 U.S. Ad Spending Up 2.6%


http://www.businesswire.com/news/home/20120618005290/en/Kantar-Media-Reports-U.S.-Advertising-Expenditures-Increased

Total advertising expenditures in the first quarter of 2012 increased 2.6 percent from a year ago and finished the period at $32.9 billion, according to data released today by Kantar Media, the leading provider of strategic advertising and marketing information. The gain represents a modest rebound compared to flat spending in the second half of 2011.

Trigger-Based Marketing Up, Good for Printers

Survey Shows Rise in Trigger-Based Marketing:
An interesting survey was just released by Forrester Research and Silverpop. According to a survey of 155 marketing professionals, 59% plan to increase their use of marketing automation over the next 12 months. One of the most popular uses for this automation is trigger-based marketing. This is interesting because trigger-based marketing is a terrific application for digital production. It is short-run, often personalized, and provides a recurring revenue stream for the printer.

Cabela's Launches Facebook Promotion


Cabela's, a cross-channel retailer of hunting, fishing and outdoor gear, launched a Facebook promotion in March around its TV show "Ultimate Adventures" and its Outdoor Adventures travel program. The promotion was designed to drive customer engagement.

MagnaGlobal: NA Ad Revenue Forecast Revised Up, Global Down


Interpublic Group’s MagnaGlobal has downgraded its ad revenue growth forecast for 2012. The firm, part of IPG’s Mediabrands unit, now predicts global ad revenues will rise 4.8% to $480 billion, which is two-tenths of a percentage point less than its December 2011 forecast. For North America, the firm upgraded its forecast slightly, now predicting growth in regional ad revenues of 3.9% to $165 billion.

Development in Marketing Services


http://www.foliomag.com/2012/new-developments-marketing-services

Marketing services caught fire in 2011, with major b-to-b and consumer publishers, and even regional media companies getting in the game. A new revenue stream from advertisers outside print pages excited publishers, as ad pages aren’t recovering the way initially hoped.
Fortunately, marketing services appears to be living up to the hype. FOLIO published interviews with two publishers on how their marketing service divisions are faring, and what’s next for the sector.

JC Penney President Out


After only eight months, Michael Francis , one of the key architects of J.C. Penney's high profile turnaround efforts, is leaving the company, effective immediately. In October, the former Target exec became J.C. Penney's president, responsible for merchandising, marketing, planning and allocation, and product development and sourcing. CEO Ron Johnson will assume direct responsibility and oversight of the company's marketing and merchandising functions.