Resolute
Forest Products (Resolute) announced to customers today that its paper grade
softwood kraft market pulp prices would decrease $20/tonne, effective July 1
until further notice, industry contacts told RISI.
Wednesday, June 27, 2012
Catalyst May Emerge in Near-Term
About
300 jobs at the Catalyst Paper mill in Port Alberni are safe after the
company's second attempt at restructuring was accepted by an overwhelming
number of creditors, Monday.
The
amended plan, which added pensioners to the creditor group, was voted in by 99%
of both secure and unsecure creditors.
Catalyst
should be able to emerge from creditor protection "in the near term"
according to CEO Kevin Clarke.
Help for Kruger
Finance Minister Tom Marshall says
Newfoundland and Labrador is willing to support the struggling Kruger newsprint
mill in Corner Brook with some sort of financing, even thought direct subsidies
have been ruled out.
Conference Board of Canada; Industry Outlook
The
steady shift in consumer preferences toward electronic information sources has
gone beyond print media and is now taking its toll on demand for paper to
produce books. As a result of this waning demand in North America, combined
with ongoing turmoil in the world economy, Canada's paper products industry
faces a weak outlook in the next few years, according to The Conference Board
of Canada's Spring 2012 outlook for the industry.
Two Sides; Changing Attitudes on Print & Paper
Two Sides launches largest sustainability campaign:
It is the biggest campaign ever to be put forward by the graphic communications value chain, believes Two Sides' Martyn Eustace.
It aims to change consumer attitudes towards the sustainability of print media based on research conducted by Two Sides and IPSOS. In September 2011, 5000 consumer interviews found that 80% media users preferred reading from paper than a screen.
It is the biggest campaign ever to be put forward by the graphic communications value chain, believes Two Sides' Martyn Eustace.
It aims to change consumer attitudes towards the sustainability of print media based on research conducted by Two Sides and IPSOS. In September 2011, 5000 consumer interviews found that 80% media users preferred reading from paper than a screen.
American Catalog Markerters Continue Fight
Hamilton
Davison, president of the American Catalog Marketers Assn. is trying to rouse
organization members living in Republican Congressional districts to hassle
their Congress people early and often enough to get them to pull that
underwater provision, part
of the bill calls for increasing the rates on
mail
categories that don’t bring in enough revenue to cover their mailing costs.
Analogue Dollars & Digital Dimes
Are You Swapping Analogue Dollars for Digital Dimes?: If you follow the traditional publishing business model in an ever more digital world, it is inevitable. The traditional magazine business model is based on creating content to attract eyeballs, and then to sell exposure (advertising) to them. This basic plan has kept magazine publishers profitable for over a hundred years. But this model faces harsh challenges in today's digital media world.
Ennis Reports Q1 Results
Ennis Reports Net Sales Decrease in Q1 2012: Our consolidated net sales were $142.5 million for the quarter ended May 31, 2012 compared to $143.3 million for the quarter ended May 31, 2011. Print sales for the current quarter were $87.3 million, compared to $67.1 million for the same quarter last year, or an increase of 30.1%. Apparel sales for the current quarter were $55.2 million, compared to $76.1 million for the same quarter last year, or a decrease of 27.5%.
Goss Names New CEO
Goss Appoints New CEO: Goss International Corporation (“Goss”) today announced a restructuring of management. The Board has appointed Mr. Richard Nichols as CEO of the Company, effective immediately, replacing Mr. Jochen Meissner.The Board expects that the Goss management team, headed by Mr. Nichols, will undertake active and effective measures to stabilize and expand the Goss leadership position in the industry.
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