Tuesday, June 25, 2013

FutureMark Secures Supply of Recovered Paper

FutureMark Paper Group said that it is now securing approximately 50% of the recovered paper needed to run its business through long-term purchase agreements.
“These types of agreements are highly unusual maybe — even unheard of — in recovered paper markets, but we believe they're going to be instrumental in ensuring the long-term health of U.S. recycled paper companies,” said Steve Silver, President and CEO of FutureMark Paper Group. 
FutureMark Paper Group pioneers a new practice for buying recovered waste paper through multiyear purchase agreements with stable cost
Using such agreements, the company now secures more than 50% of the recovered paper needed to operate its two recycled paper-making facilities.
Waste Management is latest firm with whom FutureMark has signed long-term purchase agreements; provides Waste Management with a stable outlet for its clients' recovered fiber, as well as a predictable revenue stream.
FutureMark's long-term, cost-stabilized purchase agreements for waste paper provide the company with supply assurance and cost predictability; insulates the company from extreme volatility in waste paper cost, which in the past has fluctuated by more than 300% over a two-year stretch.
FutureMark asserts long-term waste paper purchase agreements such as the ones it is pioneering will prove instrumental in helping U.S. recycled paper companies protect their long-term financial health. 

Newton Falls Mill Dismantled

The paper machines at Newton Falls Fine Paper are being dismantled and removed, forcing the St. Lawrence County Industrial Development Agency to give up on trying to persuade the mill's owner to resell it as a turn-key business and focus instead on reuse of the site.
"There's no possibility for the facility to have productive capability as a paper mill," IDA Executive Director Patrick J. Kelly said. "Finding ways to redirect the site is obviously a priority."
Sale of the mill intact collapsed in March, and its owner, Scotia Investments, Halifax, Nova Scotia, began liquidating the assets it sold at auction. The IDA had hoped for a while that either the buyers of the paper machines would change their minds about the equipment or that Scotia would rethink the sale. In the meantime, a scrapping operation has begun.

IP Pipeline Draws Local Opposition

More than 100 Cornwall residents packed their school cafeteria on Wednesday, June 19, to send a collective message to Vermont Gas Systems: We don't want your proposed pipeline and we are prepared to go to the courts and/or engage in civil disobedience to stop it.

APRIL Comments on Withdrawal from FSC

We (APRIL) note a statement posted on FSC websites on 22 June 2013, referencing withdrawal from FSC by companies associated with APRIL, stating " no reason for the withdrawal was offered ".
The decision by APRIL and companies associated with APRIL not to hold or seek FSC CoC/CW certification for the foreseeable future is based on concerns about the FSC's Policy for Association.
This renders ineligible for FSC certification companies which are part of a group that has converted more than 10,000 hectares within the past five years...
APRIL and many other companies in Indonesia are working towards developing a renewable and sustainable plantation fibre supply to meet the fibre needs of the future...
We ask FSC to consider these points. APRIL remains open to constructive dialogue with FSC.

Appvion, Inc. Announces Amendments to Offer

Appvion, Inc. Announces Amendments To Tender Offer And Consent...:
Concurrently, the Company announced the termination of its previously announced tender offer to purchase any and all of its outstanding 9.75% Senior Subordinated Notes due 2014 and 11.25% Second Lien Notes due 2015 and consent solicitation to effect certain proposed amendments to the indenture governing the Second Lien Notes .

Arctic Paper’s CEO Resigns

Arctic Paper’s CEO resigns
Michał Jarczyński, CEO of Arctic Paper S.A., has submitted his resignation, effective on 15th July 2013 of this year. Meanwhile, the Supervisory Board has entrusted the function of acting CEO of Arctic Paper to Mr Wolfgang Lübbert the current Member of Management Board and Sales & Marketing Director.

BlackRock’s Share of UPM Over 5%

UPM-Kymmene Corporation (Business ID 1041090-0) has on 10 April 2013 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which BlackRock Inc.’s indirect holding in UPM has gone above the threshold of 5 per cent on 9 April 2013. 
According to the announcement, the indirect holding of BlackRock Inc. (USA Tax ID 32-0174421, SEC CIK Code#: 0001364742) in UPM has increased from 26,245,672 shares to 26,438,944 shares, corresponding to 5.006 per cent of UPM's shares and voting rights.

Layoffs Hit BSA’s Boy’s Life, Scouting

Layoffs Hit BSA’s Boy’s Life, Scouting:
The Boy Scouts of America are cutting more than 30 positions from the staff of its two flagship magazines—Boy's Life and Scouting—and its communications department, FOLIO: has learned.
BSA says 17 people were laid off on June 10, with another 17 expected to come by the end of the year. A spokesman would not confirm the positions of those being terminated.

Bloomberg Businessweek Launches Hong Kong Edition

Bloomberg Businessweek Launches Hong Kong Edition:
Bloomberg Businessweek will soon be launching a new edition in Hong Kong. The magazine, Bloomberg Businessweek/Chinese Edition, will be distributed weekly starting June 26, 2013.
The traditional Chinese-language version of Bloomberg Businessweek was announced along with a new licensing agreement with Modern Media Holdings Limited. This edition will focus on local business and financial content, and will be available across mobile and tablet platforms.

Ennis Reports Q1 Results

Ennis Q1 Profit Rises: The Company's consolidated net sales for the quarter were $138.5 million compared to $142.5 million for the same quarter last year and $123.6 million for the sequential quarter. Print sales were down 6.8% on a comparable quarter basis, from $87.3 million to $81.4 million, but were up 2.0% on a sequential quarter basis from $79.8 million. Apparel sales increased 3.3% for the comparable quarter, from $55.2 million to $57.0 million, with a 10.6% increase in volume offset by a pricing decline of 7.3%, and increased 29.8% on a sequential quarter basis from $43.9 million.

A Multiplicity of Magazine Covers

HOW many front covers does a magazine have? The logical answer — one — is outdated. 
In an effort to woo readers — and generate additional advertising revenue — magazines are being published with two, three, four or more front covers, typically appearing one after another as if a printing press had run amok.
At first, a magazine with more than one front cover seems like a house with more than one front door. But there are many reasons for readers and marketers to embrace the concept, as evidenced by a growing acceptance among industry stalwarts like Condé Nast, Hearst, Meredith and Time Inc.

Survey: Profile of the New Print Buyer

The role of print in the marketing mix is changing. This coincides with a diffusion of responsibility for marketing and marketing decisions. As a result, print buying is changing. While many organizations still have “print buyers” whose primary—if not only—responsibility is purchasing print, increasingly it is not their primary function. In addition, print is purchased by other corporate professionals, such as marketers, for whom print is a small part of a larger project. How print is bought is also shifting. Print buyers are purchasing more print online, through internal corporate portals as well as directly with print providers. 
What is it that these new print buyers want? Are they, in fact, interested in value-added services? And if so, which? What percentage of their time is spent on print-related activity?  What other responsibilities do they typically have? How has their corporate print budget changed in the past three years – and what will happen to it during the next three?

"Old Media" Print Publisher Up 45% YTD?

Due to the popularity of e-mail and tablet computers commercial printing is in secular decline. Therefore it seemed unusual to the Mad Money host that R.R. Donnelley & Sons, the largest commercial printer in America, has rallied 45% year-to-date. 
Jim Cramer enjoys few things more than more than a good mystery, so he put on his detective hat and dug through the facts. Here's what he's found. 
First and foremost, Cramer learned that print publishing is still a $110 billion industry here in the United States. "While the web is making print less necessary, Corporate America still generates a massive amount of paper, and packaging and pamphlets and labels."

Should You Join The Fight to Defeat Online Tax Bill?

I do not often get invited to meet with politicians about pending legislation, but next week I will have the rare pleasure of sitting down to discuss the Marketplace Fairness Act. In preparation for the meeting, I asked Terri Alpert, an active opponent of the bill, to educate me about what is at stake for small businesses. Alpert is a well-respected CEO in Connecticut who has built two top-shelf brands (Uno Alla Volta and Artisan Table) that do over $14 million in sales, and employ more than fifty people year-round. If this bill has her spooked, I need to know why.

She cited the following changes as the minimum required to make the legislation palatable for small companies:
Standardized definitions of what is taxable and what is not across all states.
Standardized tax holidays.
One rate per state.
One standardized tax return.
Audits only by the home state.

Newspaper Trends Survey: The Highs and Lows

Newspaper Trends Survey: The Highs and Lows:
The annual World Press Trends survey of the World Association of Newspapers and News Publishers (WAN-IFRA) finds print newspaper circulations continued to rise in Asia while they decline in mature markets in the West.
The World Press Trends survey analyzed data from more than 70 countries, accounting for more than 90 per cent of the global industry's value. Additional survey findings: 
MORE THAN HALF THE WORLD'S POPULATION READS A DAILY NEWSPAPER, 2.5 billion in print, more than 600 million in digital form.
The newspaper industry generates more than US$200 billion of revenue annually; Circulation and advertising performance vary widely by region.
The annual World Press Trends survey of the World Association of Newspapers and News Publishers (WAN-IFRA) finds print newspaper circulations continued to rise in Asia while they decline in mature markets in the West.

An analysis of the World Press Trends data shows that news sites enjoy high readership, but the level of reader engagement is low. Digital platforms have increased the audience for newspaper content, but this growth is not being followed by a growth in advertising revenues.

The World Press Trends survey analyzed data from more than 70 countries, accounting for more than 90 per cent of the global industry's value. Additional survey findings:

MORE THAN HALF THE WORLD'S POPULATION READS A DAILY NEWSPAPER
 
  • More than half the world's adult population read a daily newspaper: 2.5 billion in print, more than 600 million in digital form.
 
  • The newspaper industry generates more than US$200 billion of revenue annually; Circulation and advertising performance vary widely by region.
- See more at: http://printinthemix.com/Fastfacts/Show/738#sthash.8abM7crY.dpuf
The annual World Press Trends survey of the World Association of Newspapers and News Publishers (WAN-IFRA) finds print newspaper circulations continued to rise in Asia while they decline in mature markets in the West.

An analysis of the World Press Trends data shows that news sites enjoy high readership, but the level of reader engagement is low. Digital platforms have increased the audience for newspaper content, but this growth is not being followed by a growth in advertising revenues.

The World Press Trends survey analyzed data from more than 70 countries, accounting for more than 90 per cent of the global industry's value. Additional survey findings:

MORE THAN HALF THE WORLD'S POPULATION READS A DAILY NEWSPAPER
 
  • More than half the world's adult population read a daily newspaper: 2.5 billion in print, more than 600 million in digital form.
 
  • The newspaper industry generates more than US$200 billion of revenue annually; Circulation and advertising performance vary widely by region.
- See more at: http://printinthemix.com/Fastfacts/Show/738#sthash.8abM7crY.dpuf
The annual World Press Trends survey of the World Association of Newspapers and News Publishers (WAN-IFRA) finds print newspaper circulations continued to rise in Asia while they decline in mature markets in the West.

An analysis of the World Press Trends data shows that news sites enjoy high readership, but the level of reader engagement is low. Digital platforms have increased the audience for newspaper content, but this growth is not being followed by a growth in advertising revenues.

The World Press Trends survey analyzed data from more than 70 countries, accounting for more than 90 per cent of the global industry's value. Additional survey findings:

MORE THAN HALF THE WORLD'S POPULATION READS A DAILY NEWSPAPER
 
  • More than half the world's adult population read a daily newspaper: 2.5 billion in print, more than 600 million in digital form.
 
  • The newspaper industry generates more than US$200 billion of revenue annually; Circulation and advertising performance vary widely by region.
- See more at: http://printinthemix.com/Fastfacts/Show/738#sthash.8abM7crY.dpuf
The annual World Press Trends survey of the World Association of Newspapers and News Publishers (WAN-IFRA) finds print newspaper circulations continued to rise in Asia while they decline in mature markets in the West.

An analysis of the World Press Trends data shows that news sites enjoy high readership, but the level of reader engagement is low. Digital platforms have increased the audience for newspaper content, but this growth is not being followed by a growth in advertising revenues.

The World Press Trends survey analyzed data from more than 70 countries, accounting for more than 90 per cent of the global industry's value. Additional survey findings:

MORE THAN HALF THE WORLD'S POPULATION READS A DAILY NEWSPAPER
 
  • More than half the world's adult population read a daily newspaper: 2.5 billion in print, more than 600 million in digital form.
 
  • The newspaper industry generates more than US$200 billion of revenue annually; Circulation and advertising performance vary widely by region.
- See more at: http://printinthemix.com/Fastfacts/Show/738#sthash.8abM7crY.dpuf