Thursday, February 28, 2013

Verso Increases Coated Freesheet Price

Verso Paper has announced an increase in coated freesheet paper on all orders shipping on or after April 1.  The change applies to all coated freesheet grades, base weights, bulks and finsihes, including Influence and Velocity, the price of which will rise $2.50 per cwt.

Two More Mills Announce Pulp Hikes

Domtar announced to North American customers that its northern bleached softwood kraft (NBSK) market pulp prices would increase $30/tonne, effective March 1 until further notice.
Montreal-headquartered Domtar told domestic customers its NBSK list price would increase to $930/tonne on Mar. 1.
NewPage informed North American customers today that it is increasing market pulp prices on two key grades of bleached hardwood kraft (BHK) by $30/tonne, effective with all new orders entered March 1.
Miamisburg, Ohio-headquartered NewPage told customers its northern bleached hardwood kraft (NBHK) pulp price would increase to $815/tonne.

B.C. Releases Forest Inventory Plan

A 10-year forest inventory plan was released today with an average annual investment of $8 million over the life of the plan, Forests, Lands and Natural Resource Operations Minister Steve Thomson announced today.
Over the next decade, the annual funding increase to $8 million will ensure 35 million hectares are inventoried in mountain pine beetle affected and other priority areas. The plan outlines nine goals, each with five- and 10-year targets, ensuring no forest cover data is older than 30 years, while integrating 100 per cent of harvest, reforestation and fire information updates into the inventory.

RR Donnelley Announces Debt Offering

RR Donnelley Announces $350 Million Debt Offering: R.R. Donnelley & Sons Company announced today that it plans to offer $350 million of senior notes due 2021 in an underwritten public offering. RR Donnelley intends to use the net proceeds from this offering, along with borrowings under its revolving credit facility, (1) to fund tender offers for up to $400 million aggregate principal amount of the company's 6.125 percent Notes due 2017, 8.600 percent Notes due 2016 and 7.25 percent Notes due 2018 based on prices to be determined and (2) to pay premiums in connection with those tender offers. If there are any remaining proceeds from the notes, RR Donnelley intends to use those proceeds to repay borrowings under its revolving credit facility and for general corporate purposes. Amounts repaid under its revolving credit facility may be reborrowed for general corporate purposes, including the repayment or redemption of other indebtedness. RR Donnelley expects to announce that it is commencing these tender offers in a separate press release issued upon commencing the tender offers. The completion of each tender offer will be subject to customary closing conditions.

Cenveo Reports 2012, Q4 Results

Cenveo Reports Decrease in Net Sales for Q4: Cenveo Inc. announced results for the three months and full year ended December 29, 2012. The company generated net sales of $451.8 million for the three months ended December 29, 2012, compared to $486.5 million for the same period last year. The company generated net sales of $1.8 billion for the year ended December 29, 2012, compared to $1.9 billion for the prior year.

Southern Living Partners With Southern Coterie

Southern Living Partners With Southern-Focused Social Network:
From Augusta to Austin, the south has its own distinct traditions and regional culture—both online and offline—which is why Time Inc.’s Southern Living magazine is partnering with The Southern Coterie, a southern-focused online social network.

Wells Media Launches New Website

Wells Media Launches New Website:
In a particularly digital-first way, Wells Media, a San Diego-based b-to-b publisher serving the property/casualty insurance market, has launched CarrierManagement.com, which, for now, does not have a print counterpart and focuses on management issues for property/casualty insurance executives.
The site is intended to be a sister site to Wells' Insurance Journal brand, relying less on a news-focus and more on the trends in corporate management issues specific to insurance companies. 

This Old House Leverages Its Content

How This Old House Leverages Its Video Content:
For a magazine brand like Time Inc.'s This Old House, video is clearly a valuable asset, especially since it started out as a television show.
The magazine has ported a bunch of its video content to YouTube, which had about 93,000 views from mid-January through mid-February. Video on the site itself—which attracts about 2.9 million monthly uniques—notched close to 450,000 views last December. About 54,000 videos were watched on a mobile device during that same month. 
Here, FOLIO: checks in with This Old House magazine editor Scott Omelianuk to trace the brand's video content evolution.