Verso has announced a price increase of $2.00/cwt, effective with all orders shipping on or after July 1, on the following coated mechanical papers, for all basis weights, bulks and finishes:
Advocate® Plus, Advocate®, Advocate® EHB and Advocate® Roto.
Thursday, May 2, 2013
International Paper Reports Q1 Results
International Paper today reported first quarter 2013 net earnings attributable to common shareholders totaling $318 million ($0.71 per share), compared with net earnings of $235 million ($0.53 per share) in the fourth quarter of 2012 and $188 million ($0.43 per share) in the first quarter of 2012. Amounts in all periods include the impact of special items, non-operating pension expense and discontinued operations.
Operating Earnings were $292 million ($0.65 per share) in the first quarter of 2013, compared with $305 million ($0.69 per share) in the fourth quarter of 2012 and $272 million ($0.63 per share) in the first quarter of 2012.Quarterly net sales were $7.1 billion compared with $7.1 billion in the fourth quarter of 2012 and $6.7 billion in the first quarter of 2012.
Resolute Reopens Gatineau Newsprint Mill
Resolute reopens newsprint mill
Richard Garneau, president and CEO of Resolute Forest Products, said the company’s Gatineau, Que., mill will produce newsprint for North American and export markets. (TIM KROCHAK / Staff)
Resolute Forest Products says it has completed the major realignment of its paper mill network with today’s restart of its facility in Gatineau, Que.
The mill is reopening as a lower-cost operation due to a new labour agreement, the use of a single-paper machine and a co-generation power plant set to begin operation in June.
The facility will employ 130 workers, down from 330 when it was shut down in April 2010.
Chief executive Richard Garneau said the mill will produce newsprint that can be sold in North America or for export, a market that has grown to represent 47 per cent of sales.
Richard Garneau, president and CEO of Resolute Forest Products, said the company’s Gatineau, Que., mill will produce newsprint for North American and export markets. (TIM KROCHAK / Staff)
Resolute Forest Products says it has completed the major realignment of its paper mill network with today’s restart of its facility in Gatineau, Que.
The mill is reopening as a lower-cost operation due to a new labour agreement, the use of a single-paper machine and a co-generation power plant set to begin operation in June.
The facility will employ 130 workers, down from 330 when it was shut down in April 2010.
Chief executive Richard Garneau said the mill will produce newsprint that can be sold in North America or for export, a market that has grown to represent 47 per cent of sales.
Resolute Announces Pulp Price Increase
Resolute
Forest Products (Resolute) announced to North American customers that it would
increase prices on bleached hardwood kraft (BHK) market pulp by $20/tonne,
effective May 1, industry contacts said today.
Resolute's
aspen grade northern bleached hardwood kraft (NBHK) and southern bleached
hardwood kraft (SBHK) were both announced at $860/tonne in North America.
UPM Closes Ettringen Mill
UPM
has permanently stopped production on the 175,000 tonne/yr supercalendered (SC)
paper unit PM 4 at its Ettringen mill in southern Germany. The machine was shut
down on April 30.
In
early April, UPM announced that it would stop PM 4 as well as the 245,000
tonne/yr SC unit PM 3 at its Rauma mill in Finland, by the end of April instead
of the end of June, as originally announced in January. The Rauma machine was closed on April 19.
The
closure at the Ettringen mill will lead to 150 jobs being cut. After the
shutdown, the mill will still operate the 280,000 tonne/yr newsprint and SC
paper PM 5.
Catalyst Selling Snowflake at Auction
For
sale: Complete recycled paper mill previously producing 337,000 tons per day of
recycled newsprint and uncoated specialty papers.
The
Catalyst Snowflake paper mill, once employer of more than 300 people in Navajo
County, is officially up for sale and the seller, a consortium led by Hackman
Capital, LLC, Capital Recovery Group and Rabin Worldwide, is selling it
"one piece at a time."
Russia: Pulp Production Down, One of World’s Largest Closes
One of world’s largest pulp producers to be closed in Russia
The Russian pulp and paper industry is experiencing a serious crisis, which is reflected by the recent announcement about the suspension of production of the Solombalsky Pulp and Paper Mill (SPPM), one of Russia’s largest pulp and paper mills, located in Arkhangelsk.
According to the company, the reason of suspension is financial and economic difficulties of the mill.
http://www.pulpapernews.com/2013/05/russian-pulp-and-paper-production-declined-this-year
The Russian pulp and paper industry is experiencing a serious crisis, which is reflected by the recent announcement about the suspension of production of the Solombalsky Pulp and Paper Mill (SPPM), one of Russia’s largest pulp and paper mills, located in Arkhangelsk.
According to the company, the reason of suspension is financial and economic difficulties of the mill.
http://www.pulpapernews.com/2013/05/russian-pulp-and-paper-production-declined-this-year
Pulp production in Russia fell by 9.1% to 1,7 million tonnes in the first quarter of the current year, according to data of the Russian Federal State Statistics Service (Rosstat).
The production of paper declined by 9.5% to 1,06 million tonnes, including newsprint by 29.6% to 340,000 tons. At the same time the production of paper for printing and writing increased by 7.5% to 15,800 tonnes.
Cataloguers Boast the Highest Average Order Value.
http://www.internetretailer.com/2013/04/30/top-500-catalog-retailers-sell-high-priced- 500 catalog retailers sell high-priced items.
Age, it seems, may benefit catalog and call center retailers in the 2013 Internet Retailer Top 500 guide. This group of merchants enjoys the second-highest average ticket of $202.70, trailing consumer brand manufacturers with $230.88, but ahead of retail chains at $192.51 and web-only merchants at $187.78. Within the two largest product categories in the Top 500, catalogers outpace other merchant types. Of the 136 apparel and accessories retailers in the guide, catalogers have an average ticket of $167, compared with $142 for consumer brand manufacturers, $126 for retail chains and $125 for web-only retailers.
Age, it seems, may benefit catalog and call center retailers in the 2013 Internet Retailer Top 500 guide. This group of merchants enjoys the second-highest average ticket of $202.70, trailing consumer brand manufacturers with $230.88, but ahead of retail chains at $192.51 and web-only merchants at $187.78. Within the two largest product categories in the Top 500, catalogers outpace other merchant types. Of the 136 apparel and accessories retailers in the guide, catalogers have an average ticket of $167, compared with $142 for consumer brand manufacturers, $126 for retail chains and $125 for web-only retailers.
Gap Gets Personal With Big Data
In addition to The Gap's recent
inventory optimization and store-based fulfillment initiatives, the retailer is
also focusing on Big Data and personalization. According to The Gap, the issue
isn't having the data or having big data, it's turning the data into relevant
information that then feeds a personalized shopping experience. The technology
is there and the retailer is now starting to customize and test personalization
of its website landing experience.
For The Gap, personalization will, has, and is
forming the bridge between the online world and the brick-and-mortar
experience.
J.Crew CEO on E-Commerce
Mickey Drexler ,
chairman and CEO of J.Crew, talks with Willow Bay from the Milken Institute
Global Conference in Los Angeles about price pressure on brick-and-mortar
retailers from e-commerce sites offering better value on merchandise.
Reader's Digest Names Director of Digital Sales
The Reader's Digest Association hired
advertising industry veteran Tom Bosco as director of digital sales for the
company’s Home & Garden Group. In his new role, Bosco will oversee sales
and revenue strategy for the group’s digital division, Haven Home Media. Prior
to joining Reader’s Digest Association, Bosco worked with with industry
partners to conceive and build MSN Video. He also saw the launch of AOL
Video and then spearheaded the MySpaceTV launch. The Home & Garden Group
provides content to 49 million consumers through various multichannel brands,
which include The Family Handyman, Birds & Blooms,
Country, Country Woman, Farm & Ranch Living and Reminisce.
Condé Nast: Magazines Transform to Online Series
New Glamour
projects include “Single Life” -- the fashion magazine’s first scripted series,
which follows two single ladies and their adventures in online dating; “Glamour
Video Gift of the Week” -- a weekly series featuring hot guys in comical
vignettes; and “Style to Kill” -- a stylist competition series developed in
partnership with Magical Elves of “Project Runway” production fame.
For the guys, GQ debuted “Casualties of the Gridiron” -- a documentary series that looks at the physical and mental toll that the NFL takes on its players; “GQ How To,” which covers everything from tying a tie to making the perfect cocktail; and “The GQ Trend Report” -- a series that promises to keep viewers abreast of the latest fashion and grooming trends.
For the guys, GQ debuted “Casualties of the Gridiron” -- a documentary series that looks at the physical and mental toll that the NFL takes on its players; “GQ How To,” which covers everything from tying a tie to making the perfect cocktail; and “The GQ Trend Report” -- a series that promises to keep viewers abreast of the latest fashion and grooming trends.
New Science Magazine, New Publishing Model
New Science Magazine Shakes Up Publishing Model: Nautilus, a new science, philosophy and culture fusion publication that launched this week, is breaking all of the traditional publishing rules around content, distribution and sales.
“Every month we’ll take a single science topic and explore it from multiple disciplines, both within and outside of the sciences,” says John Steele, publisher of Nautilus. “Our first one is human uniqueness, so we’re exploring it from different scientific disciplines, as well as from the point of view of philosophy, psychology, sociology and theology."
“Every month we’ll take a single science topic and explore it from multiple disciplines, both within and outside of the sciences,” says John Steele, publisher of Nautilus. “Our first one is human uniqueness, so we’re exploring it from different scientific disciplines, as well as from the point of view of philosophy, psychology, sociology and theology."
FOLIO: B-to-B CEO Survey
2013 FOLIO: B-to-B CEO Survey: Print advertising revenue, still the breadwinner for this year’s survey respondents, has held steady in its overall share. Depending on whether a media company makes more or less than $5 million in annual revenue, print’s share has accounted for about half of the top line for at lest the last four years. In our 2009 survey, publishers making less than $5 million in annual revenue reported print contributed 54 percent of revenue. In this year’s survey that same publisher category reports 55 percent of revenues were from print in 2012. That is expected to decrease only slightly in 2013, to 53 percent.
Larger publishers making more than $5 million reported print revenues at 53 percent in 2009 and 48 percent in 2012.
Larger publishers making more than $5 million reported print revenues at 53 percent in 2009 and 48 percent in 2012.
Paper: Cost and Quality
Paper: Effectively Managing the Biggest Cost Center:
Paper has been at the heart of the publishing industry since Gutenberg introduced the printing press in 1450. Flash forward 560 years, and the ups and downs of the market still exist, leaving publishers with the task of wrangling costs without sacrificing quality.
“The industry is a mixed bag of stability,” says Phil Schlosser, National Geographic Society Production Services SVP. While Schlosser says the company has seen reductions in the cost of paper, he says these trends are usually short-lived.
“The industry is a mixed bag of stability,” says Phil Schlosser, National Geographic Society Production Services SVP. While Schlosser says the company has seen reductions in the cost of paper, he says these trends are usually short-lived.
What is the Future of Print?
What is the Future of Print and Design? Panel of Experts Weigh In.:
The heart of our hangout was an exploration of the myth that “print is dead.” Luckily, our magazine, Graphic Design USA, has been polling on this issue for half a century, and had just completed our 50th annual survey on just this topic.
The conclusion we reached during the Hangout is simple but profound: print is unique and powerful because you can touch and feel and hold it. Print creates a human connection missing from the ephemeral and desensitizing media world of digital communications. Designers value print for its classic strengths – tangibility, sensuality, permanence...
That said we collectively managed to mine several other nuggets about the strength and prospects of print. Among them:
Print is practical. It is portable, convenient, accessible, easy to read, unplugged, it goes anywhere.
Print is crucial to how designers make a living. 93 percent of designers work in print as part of their mix, and 75 percent of their time is spent on print-related work.
Print is a team player. Print may no longer be the superstar, but it is an excellent complement and collaborator, a vital component in the marketing mix. From print to inbound telephony, or online to direct mail, print drives and motivates consumers.
Print is getting smarter. New technologies to customize, personalize, sharpen, target, interact and integrate are wringing out the waste and infusing responsiveness.
Print is novel. As the digital deluge, the online onslaught builds; print will be even more effective because it is fresh, rare, different, and welcome.
Print is sustainable. I hate the canard that print is dirty and digital is clean. I ran out of time to harangue the Hangout audience on this point so let me do it now. Print and paper are becoming “greener” and more transparent up and down the supply chain; the online world should only be as honest about its energy use and other sustainability issues.
The heart of our hangout was an exploration of the myth that “print is dead.” Luckily, our magazine, Graphic Design USA, has been polling on this issue for half a century, and had just completed our 50th annual survey on just this topic.
The conclusion we reached during the Hangout is simple but profound: print is unique and powerful because you can touch and feel and hold it. Print creates a human connection missing from the ephemeral and desensitizing media world of digital communications. Designers value print for its classic strengths – tangibility, sensuality, permanence...
That said we collectively managed to mine several other nuggets about the strength and prospects of print. Among them:
Print is practical. It is portable, convenient, accessible, easy to read, unplugged, it goes anywhere.
Print is crucial to how designers make a living. 93 percent of designers work in print as part of their mix, and 75 percent of their time is spent on print-related work.
Print is a team player. Print may no longer be the superstar, but it is an excellent complement and collaborator, a vital component in the marketing mix. From print to inbound telephony, or online to direct mail, print drives and motivates consumers.
Print is getting smarter. New technologies to customize, personalize, sharpen, target, interact and integrate are wringing out the waste and infusing responsiveness.
Print is novel. As the digital deluge, the online onslaught builds; print will be even more effective because it is fresh, rare, different, and welcome.
Print is sustainable. I hate the canard that print is dirty and digital is clean. I ran out of time to harangue the Hangout audience on this point so let me do it now. Print and paper are becoming “greener” and more transparent up and down the supply chain; the online world should only be as honest about its energy use and other sustainability issues.
ABM: Bullish Outlook for B-to-B M&A
At the ABM Annual Conference: Bullish outlook for b-to-b media M&A:
A pair of media investment bankers who spoke at this week's American Business Media Annual Conference here see good times ahead for b-to-b media M&A activity.
“The business models have been validated, and lots and lots of deals will happen,” Dan McCarthy, partner at DeSilva+Phillips...
In a separate session, John Wickersham, partner at Atwood Capital Partners, said the industry is “definitely at a crossroads."...
Wickersham presented findings from research Atwood conducted with ABM that showed the following revenue breakdown for b-to-b media companies in 2012: print, 42%; events, 28%, digital, 25%; and other, 5%.
A pair of media investment bankers who spoke at this week's American Business Media Annual Conference here see good times ahead for b-to-b media M&A activity.
“The business models have been validated, and lots and lots of deals will happen,” Dan McCarthy, partner at DeSilva+Phillips...
In a separate session, John Wickersham, partner at Atwood Capital Partners, said the industry is “definitely at a crossroads."...
Wickersham presented findings from research Atwood conducted with ABM that showed the following revenue breakdown for b-to-b media companies in 2012: print, 42%; events, 28%, digital, 25%; and other, 5%.
ABM Conference: Print Still Popular
At the ABM Annual Conference: Print's popularity, mobile's potential: A new American Business Media study shows that print remains a popular medium in the b-to-b space. The study, “The Value of B-to-B: How Business-to-business Media Connect Buyers and Sellers,” also identified threats from marketers' own content marketing efforts and opportunities in the mobile space.
The findings were presented Tuesday at the ABM Annual Conference here. They were based on three online surveys that Readex Research fielded on behalf of ABM in March and April. Each survey polled a particular group: publishers, marketers and media users.
The survey of 6,682 users found that the same percentage—96%—turn to print magazines and media websites for industry-related content. It also found that 93% rely on product information from manufacturers. As marketers step up their own content marketing efforts, this latter finding “is something to watch,” said Michael Alterio, ABM research and content director.
The findings were presented Tuesday at the ABM Annual Conference here. They were based on three online surveys that Readex Research fielded on behalf of ABM in March and April. Each survey polled a particular group: publishers, marketers and media users.
The survey of 6,682 users found that the same percentage—96%—turn to print magazines and media websites for industry-related content. It also found that 93% rely on product information from manufacturers. As marketers step up their own content marketing efforts, this latter finding “is something to watch,” said Michael Alterio, ABM research and content director.
Consumers for Paper Options Contact Senate
Consumers for Paper Options Files Statement with Senate Finance Committee: Consumers for Paper Options, a coalition of individuals and organizations advocating for the right to paper-based communications, filed a statement today with the U.S. Senate to demonstrate that electronic tax-filing and direct-deposited refunds are insecure and are leading to rampant identity theft. The organization encourages policymakers to maintain the option for citizens to file taxes on paper, and it supports Congressional efforts—such as H. Res. 97
—to protect non-electronic access to government services and information for Americans who need or want it.
—to protect non-electronic access to government services and information for Americans who need or want it.
USPS Loss at $6B, Donahoe Asks Congressional Aid
Postal Loss Seen at $6B as Donahoe Asks U.S. Congress Aid:
The government agency that’s supposed to support itself through postage sales lost about $3 billion in the first half of its fiscal year, from Oct. 1 through March 31, Donahoe said in an interview airing this weekend on Bloomberg Television’s “Conversations With Judy Woodruff.” That decline is projected to double by the year’s end, which is Sept. 30, he said.
The Postal Service continued its money-losing streak by reporting a first-quarter loss of $1.3 billion. The service is scheduled to release second-quarter results May 10, when its board meets in Washington.
Donahoe said the agency has cut costs by $15 billion since 2006, and now it’s up to Congress to take the next step. If Congress doesn’t allow the service to alter its business model and reduce its benefits costs, a taxpayer bailout through 2017 would cost $58 billion, he said last month.
“Congress needs to move now on postal legislation,” Donahoe said in the interview.
The government agency that’s supposed to support itself through postage sales lost about $3 billion in the first half of its fiscal year, from Oct. 1 through March 31, Donahoe said in an interview airing this weekend on Bloomberg Television’s “Conversations With Judy Woodruff.” That decline is projected to double by the year’s end, which is Sept. 30, he said.
The Postal Service continued its money-losing streak by reporting a first-quarter loss of $1.3 billion. The service is scheduled to release second-quarter results May 10, when its board meets in Washington.
Donahoe said the agency has cut costs by $15 billion since 2006, and now it’s up to Congress to take the next step. If Congress doesn’t allow the service to alter its business model and reduce its benefits costs, a taxpayer bailout through 2017 would cost $58 billion, he said last month.
“Congress needs to move now on postal legislation,” Donahoe said in the interview.
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