Whether it’s taking stock of one’s own wealth or gawking at
others,’ people’s interest in money seems limitless. So says The Wall Street Journal, which is giving personal
finance the glossy treatment with a new magazine insert, WSJ. Money.
WSJ. Money is a
spinoff of WSJ. Magazine, the newspaper’s
luxury lifestyle insert. The title is slated to make its debut March 9 and
publish four times this year. It’ll be distributed in the Journal’s weekend edition in the U.S., which has a
circulation of 2.3 million. The goal is for 50 pages per issue, including 30
edit and 20 ad pages.
Tuesday, January 15, 2013
BtoB Launches Online Edition
Deloitte: Top 250 Retailers Hit $4 Trillion in Revenues
The
revenues of the world's 250 largest retailers topped $4 trillion* in fiscal
year 2011 (encompassing companies' fiscal years ended through June 2012),
according to the 2013 Global Powers of Retailing
report from
Deloitte Touche Tohmatsu Limited (DTTL), in conjunction with STORES Media. This
is a 5 percent year-on-year increase in retail revenue despite the global
economic downturn. Additionally, according to the report retail revenue rose
significantly for companies based in emerging markets in Africa, the Middle
East, Latin America and Asia Pacific (excluding Japan).
Kantar Reports 2012 FSI Growth
Kantar Media reports that more than 274
billion Free Standing Insert (FSI) coupons were distributed in 2012 which represents
a 0.8 percent increase in activity versus 2011. FSI pages increased 1.4
percent overall with the Consumer Packaged Goods (CPG) and Franchise sectors
increasing 2.4 percent and 10.2 percent respectively, offsetting an 8.0 percent
decline in the Direct Response sector. FSI coupon support for new
products within the CPG sector increased 23.2 percent versus 2011 while
retailer FSI promotion pages also increased 5.2 percent.
Scholastic Releases Biannual Report
In the fourth edition of the Kids
& Family Reading Report™ , a national survey released today by Scholastic (NASDAQ: SCHL), the global children’s
publishing, education and media company, and the Harrison Group, a leading
marketing and strategic research consulting firm, found
kids age 6-17 and their parents share their views on reading in the
increasingly digital landscape and the influences that impact kids’ reading frequency and attitudes toward reading.
Decline in Printed Books Slowed
As the e-book market has
exploded, fueled in large part by the popularity of e-book readers like the
Kindle and tablets like the iPad, predictions regarding the so-called
"death of print" have only gained steam. But a new report from
Neilsen Bookscan indicates that while e-book sales are on the rise, the decline
in print sales have actually slowed down, a sign that mainstream readers may
not be finished with the print book format just yet.
According to Neilsen Bookscan
data analyzed by Publishers Weekly, sales of print books in 2012
declined by nine percent, approximately the same rate at which print sales
declined in the previous two years. This new data indicates that, despite the
increasing popularity of tablets and e-readers, the decline in print book sales
versus e-books has stabilized to some degree.
USPS to Accelerate Restructuring, Cost Reduction, No Help from Congress
USPS: Management to Accelerate Steps to Restructure Operations and Reduce Costs: The Postal Service Board of Governors met last week to discuss a wide range of accelerated cost cutting and revenue generating measures in the face of an unprecedented set of financial challenges, heightened by the inability of Congress to pass comprehensive postal legislation. Citing the fact that the Postal Service cannot wait indefinitely for legislation, the USPS Board of Governors has directed management to accelerate the restructure of Postal Service operations to further reduce cost.
http://www.bloomberg.com/news/2013-01-14/postal-delay-in-congress-hastens-risk-of-mail-stoppage.html
Postal Delay in Congress Hastens Risk of Mail Stoppage
The U.S. Postal Service, set to run out of
operating cash in October, still can’t get Congress to act with any urgency to
help solve its problems.
Competing Senate and House proposals to help
resolve Postal Service finances expired when the old Congress left Jan. 3, and
a senator who led the push for a postal overhaul retired. The post office now
must persuade lawmakers focused on broader fights on the deficit and spending
to pass a law to let the agency cut costs and plug losses.
Monday, January 14, 2013
Wausau Paper Narrowing Focus to Tissue
Wausau Paper narrowing focus to tissue
Wausau Paper recently announced that it commenced a process last year to identify strategic alternatives for its Paper Segment that will position the company to focus its management efforts on continuing the growth of its highly successful tissue business.
In early 2012 Wausau Paper exited its legacy Print & Color business and narrowed the focus of its Paper Segment to specialty products with leading domestic and global positions in food, industrial and tape markets. Since that time the Company retained financial advisors to assist the company’s board of directors in the evaluation of alternatives for the remainder of the Paper Segment.
Wausau Paper recently announced that it commenced a process last year to identify strategic alternatives for its Paper Segment that will position the company to focus its management efforts on continuing the growth of its highly successful tissue business.
In early 2012 Wausau Paper exited its legacy Print & Color business and narrowed the focus of its Paper Segment to specialty products with leading domestic and global positions in food, industrial and tape markets. Since that time the Company retained financial advisors to assist the company’s board of directors in the evaluation of alternatives for the remainder of the Paper Segment.
Verso Warns Maine Gov. on Energy Change
Representatives of Maine's pulp and paper
industry said Wednesday that efforts by Gov. Paul LePage's administration to
change the state's renewable energy policies are likely to do more harm than
good when it comes to the price of electricity
The Verso paper mill in Bucksport has plans to build a biomass energy plant.
They may also hurt the paper industry, which employs 7,500 workers statewide, according to Bill Cohen, Verso Paper Corp.'s manager for mill communications and regional government affairs
LePage proposed a bill last legislative session that would have changed the standard by removing the 100-megawatt cap. That would have the effect, according to Cohen and Verso, of flooding Maine's market with power from large hydropower facilities in Quebec. It could make Verso's recent investment a moot point, Cohen said.
The Verso paper mill in Bucksport has plans to build a biomass energy plant.
They may also hurt the paper industry, which employs 7,500 workers statewide, according to Bill Cohen, Verso Paper Corp.'s manager for mill communications and regional government affairs
LePage proposed a bill last legislative session that would have changed the standard by removing the 100-megawatt cap. That would have the effect, according to Cohen and Verso, of flooding Maine's market with power from large hydropower facilities in Quebec. It could make Verso's recent investment a moot point, Cohen said.
Graphic Paper in the 21st Century
Graphic paper in the 21st century: RISI's recent seminar on the future of graphic paper highlighted that new media and print can work alongside each other for the future. Dwindling market share, difficult global economic trading conditions and a constant battle to compete with new media can paint a bleak picture of the graphics paper industry. However the RISI annual seminar held last month in Brussels showed a more optimistic view with the focus on innovation and continual environmental awareness.
Winterberry Group's 2013 Outlook
Outlook 2013: Marketing Predictions From Winterberry Group's Bruce Biegel: Convergence, integration, strategizing, and customer listening are areas of marketing focus in the year ahead.
| Will there be any surprises in marketing in 2013? Probably not, Winterberry Group Managing Director Bruce Biegel said during his annual marketing outlook keynote at a meeting of The Direct Marketing Club of New York. But there will be ample opportunity to capitalize on the myriad opportunities available to marketers today. According to Biegel, channels with increased marketing spend in 2012 included digital, direct mail, and TV; radio did “better than expected." |
Yankee Publishing Buys McLean Communications
Yankee Publishing acquires McLean Communications: Yankee Publishing announced it has acquired McLean Communications, a provider of New Hampshire lifestyle, business and custom publications. Financial terms of the deal were not disclosed.
Time to Lay Off 700 in Q1
Time Warner's Time
Inc. will lay off up to 700 staffers out of just under 8,000 total
as the publisher's new chief struggles to transform famous titles and massive
market share into a digital profit center.
The staff cuts will come
sometime in the first quarter, said a person familiar with the company's plans,
and will be across the board -- not just focused on editorial, where staffing
has already been hard hit.
Growth Forecast for SMB Local Advertising
SMBs to Spend a Healthy Amount On Local Advertising In 2013:
According to “2013 Local Advertising Outlook,” a report from Borrell & Associates, local ad spend will grow 8.2%, from $88.9 billion in 2012 to $96.2 billion in 2013.
Examining overall media purchased in 2012, local newspapers advertising held the top spot at 64%, followed by online ads (62%), ads in local publications (54%), and direct mail (45%).
According to “2013 Local Advertising Outlook,” a report from Borrell & Associates, local ad spend will grow 8.2%, from $88.9 billion in 2012 to $96.2 billion in 2013.
Examining overall media purchased in 2012, local newspapers advertising held the top spot at 64%, followed by online ads (62%), ads in local publications (54%), and direct mail (45%).
National Envelope Names COO
National Envelope Appoints Jim Pinto as President and COO: National Envelope, an affiliate of The Gores Group, today announced the appointment of Jim Pinto to President and Chief Operating Officer.
Digital Ad Growth Up 17.8% in 2012
Digital ad growth to remain double-digit: Digital ad spending worldwide reached $102.8 billion last year, up 17.8% over 2011, and will continue to enjoy double-digital growth through 2015, according to a report by eMarketer.
Friday, January 11, 2013
Appleton Coated Names Executives
Appleton Coated
president and CEO, Sandra Van Ert, is pleased to announce the following
organizational changes:
Darin Dodd has been appointed vice president of
Commercial Sales for Appleton Coated. He brings over 20 years of paper sales
and management experience to his role, 17 years with Appleton Coated. During
his time with the company, Dodd held key national sales and management roles.
Prior to Appleton Coated he was with Westvaco Corporation. Darin’s
experience and deep understanding of our commercial business and customers,
make him an excellent choice to lead the sales organization in this
segment.
Mike Baker, executive director - Publishing Papers,
maintains sales responsibility for Appleton Coated’s book publishing segment,
and John Mazuroski, recently named business development manager -
Technical & Specialty Products, has sales responsibility for this segment.
NPTA Unveils 2013 Initiatives
NPTA alliance unveils 2013 strategic initiatives
The National Paper Trade Alliance Board of Directors recently adopted a strategic plan for 2013-2015 and revised mission statement. NPTA's mission is to actively support the success of member firms through the delivery of networking, education, advocacy and industry trends focused on the health of the paper distribution channel, which reflects a focus on paper merchants and mill partners as the sole membership base.
The National Paper Trade Alliance Board of Directors recently adopted a strategic plan for 2013-2015 and revised mission statement. NPTA's mission is to actively support the success of member firms through the delivery of networking, education, advocacy and industry trends focused on the health of the paper distribution channel, which reflects a focus on paper merchants and mill partners as the sole membership base.
Bonnier CEO Terry Snow to Step Down
Bonnier CEO Terry Snow to Step Down, Succeeded by Dave Freygang:
Bonnier Corp., the U.S. subsidiary of Stockholm-based Bonnier AB, announced today that CEO Terry Snow [pictured] is stepping down to retire. Dave Freygang, who has been executive vice president of the Active Interest division, will be succeeding Snow at the helm.
Bonnier Corp., the U.S. subsidiary of Stockholm-based Bonnier AB, announced today that CEO Terry Snow [pictured] is stepping down to retire. Dave Freygang, who has been executive vice president of the Active Interest division, will be succeeding Snow at the helm.
Time Cuts Annual Issues to 48
In an unusual step for Time,
the newsweekly is publishing three fewer issues this year, for a total of 48. Time usually only had one double issue, its year-end Person
of the Year issue. This year there will be three, POY including the Time 100
and Making of America.
Cutting issues is one sure way to improve a magazine’s financial picture (and ultimately, the parent company's). Time is said to be profitable, but much less so than it used to. Its ad page count has fallen by almost 50 percent over the past five years. Last year through Nov. 19, ad pages fell 15 percent to 1,004, per MIN.
Cutting issues is one sure way to improve a magazine’s financial picture (and ultimately, the parent company's). Time is said to be profitable, but much less so than it used to. Its ad page count has fallen by almost 50 percent over the past five years. Last year through Nov. 19, ad pages fell 15 percent to 1,004, per MIN.
Game Show Prize: Job at Hearst's Cosmopolitan
CBS has revealed some details about a new
reality competition show that will debut next month, and there is a media
twist. The show, “The Job,” features five contestants competing for–not
surprisingly-a job at a high-profile company.
The grand prize for the second episode of the
series? An editorial assistant position at Cosmopolitan
magazine.
Condé Nast Selling Ads on Delta
Condé Nast, the publisher of magazines
including Vogue and GQ, has struck a deal to sell ads on Delta Air Lines'
website, apps, kiosks at airports and even its boarding passes, the companies
said.
CA AG Pushing for App Privacy Guidelines
The
California Attorney General is pushing mobile marketers to apply voluntary app
privacy guidelines, and advertising industry groups don't like it. The "Privacy
on the Go" document published by California Attorney General Kamala
Harris is a set of recommendations for mobile app makers, platforms and ad
networks.
USA/National Geographic Publish Special Edition
USA TODAY, National Geographic Channel
and the National Geographic Society have partnered on a special tabloid
edition: National Geographic Society turns 125.
The special edition marks the 125th Anniversary of the founding of
the National Geographic Society and a New Age Exploration.
The 48-page all color special edition
is on newsstands now and can also be ordered online. This is the fourth special tabloid edition that USA TODAY and National
Geographic Channel have partnered on.
DNMedia Expands Stake in Luxury Market
DMNmedia, the marketing solutions group of
The Dallas Morning News, Inc., has acquired the assets of DG Publishing, Inc.
(DGP), a portfolio company of Elm Creek Partners, a Dallas-based private equity
firm . DGP is a magazine publisher of high-end resource guides including Design
GuideTexas and The Texas Wedding Guide . The purchase further strengthens the
News' media portfolio in the luxury magazine segment and will complement FD
Luxe, a premium lifestyle magazine targeting affluent consumers in North Texas.
ShopperTrak: Holiday Sales Up 2.5%
More shoppers spent more at the cash register
during the 2012 holiday season than they did the previous year, according to
ShopperTrak, the world's largest counter of retail foot traffic.
ShopperTrak estimates that during the holiday
shopping season of November and December 2012, national retail sales increased
2.5% and foot traffic also increased 2.5% when compared to the same two months
last year. ShopperTrak's initial data indicates that shoppers spent $248.8 billion during this period. The U.S. Department of Commerce will release its December GAFO sales numbers in February.
Print Endures: Only 16% Purchased e-Book in 2012
A
2012 survey revealed that just 16% of Americans have actually purchased an
e-book.
Ever since Amazon introduced its popular Kindle
e-reader five years ago, pundits have assumed that the future of book
publishing is digital. Opinions about the speed of the shift from page to
screen have varied. But the consensus has been that digitization, having had
its way with music and photographs and maps, would in due course have its way
with books as well. By 2015, one media maven predicted a few years back, traditional
books would be gone.Half a decade into the e-book revolution, though, the prognosis for traditional books is suddenly looking brighter. Hardcover books are displaying surprising resiliency. The growth in e-book sales is slowing markedly. And purchases of e-readers are actually shrinking, as consumers opt instead for multipurpose tablets. It may be that e-books, rather than replacing printed books, will ultimately serve a role more like that of audio books—a complement to traditional reading, not a substitute.
How attached are Americans to old-fashioned books? Just look at the results of a Pew Research Center survey released last month. The report showed that the percentage of adults who have read an e-book rose modestly over the past year, from 16% to 23%. But it also revealed that fully 89% of regular book readers said that they had read at least one printed book during the preceding 12 months. Only 30% reported reading even a single e-book in the past year.
Ink Industry Under Cost Pressure
Printing Ink Industry Still under Cost Pressure in Raw Material Market – No Relief in the Short Term: Leading printing ink manufacturer Siegwerk anticipates difficult raw material markets and signalizes selective price increases for 2013.
They are indispensable for producing print products such as packaging, advertising brochures and newspapers. And in recent years they have constantly increased in price. This refers to tree resins, pigments, additives such as bonding agents and solvents – the raw materials and components used for the printing ink industry.
They are indispensable for producing print products such as packaging, advertising brochures and newspapers. And in recent years they have constantly increased in price. This refers to tree resins, pigments, additives such as bonding agents and solvents – the raw materials and components used for the printing ink industry.
Thursday, January 10, 2013
Verso Names Bucksport Mill Manager
Matt Archambeau has been named
the new manager of the Bucksport mill, Bill Cohen, a spokesman for the mill,
told the Bangor Daily News.
Archambeau previously was
manager of the Verso mill in Sartell, Minn., which was permanently shuttered
after a fatal explosion in May 2012. Subsequently, the Bucksport mill absorbed
some of the work that had been done in Sartell.
Norske Skog Shuts Newsprint PM
Norske Skog has shut down PM 2,
a newsprint machine at its Tasman mill in Kawerau, New Zealand. The unit closed
as scheduled on January 9.
The site's PM 3, which like the
decommissioned machine can produce 150,000 tonnes/yr of newsprint, is still in
operation. PM 2 will remain onsite, but its closure is planned to be permanent.
UPM Closes Russian Sawmill, Seeks Buyer
UPM announces a production
curtailment at its Pestovo sawmill in Russia, and begins negotiations with
employees. The negotiations will affect all of the approximately 180 sawmill
employees. Starting today, production at the mill will be curtailed to the
level necessary to fulfil the on-going contracts. At the same time UPM
announces a search for a buyer for the Pestovo mill production area for
restructuring or reorientation of production.
Talks Break Off Over NY Port Work Rules
Bargaining broke off today
between the International Longshoremen's Association (ILA) and the New York
Shipping Association (NYSA) over proposed work rule changes in local contracts
at the ports in New York and New Jersey, contacts said.
ILA pres Harold Daggett left the
negotiations after the NYSA proposed "revolutionary changes" in work
practices at the New York/New Jersey ports, which are the No. 2 port system in
the USA behind the Los Angeles and Long Beach, CA, system, according to a Journal
of Commerce story.
Interview with Phil Riebel of Two-Sides US
1/1 Interview with Phil Riebel President of Two-Sides US, and Greenwashing Dragon Slayer:
I met Phil in January of 2012 at the NPTA Executive Meeting where I was an invited speaker, and we have been working together since. PrintMediaCentr is an Allied Organization of Two-Sides US, and proud to be associated with all of their endeavors.
I met Phil in January of 2012 at the NPTA Executive Meeting where I was an invited speaker, and we have been working together since. PrintMediaCentr is an Allied Organization of Two-Sides US, and proud to be associated with all of their endeavors.
Quad/Graphics Closing Dubuque Plant
Quad/Graphics Announces Closure of Dubuque Plant:
Two-hundred fifteen employees who work for Quad/Graphics in Dubuque (IA) will now have to seek employment elsewhere. Devastating news to those who work at the printing plant and for those who have been fighting to keep the company from leaving.
Quad/Graphics announced Wednesday that it is closing the Dubuque plant and permanently laying off all its employees by early March.
Two-hundred fifteen employees who work for Quad/Graphics in Dubuque (IA) will now have to seek employment elsewhere. Devastating news to those who work at the printing plant and for those who have been fighting to keep the company from leaving.
Quad/Graphics announced Wednesday that it is closing the Dubuque plant and permanently laying off all its employees by early March.
USPS Ends Mail Works Guarantee
Mail Works Guarantee, launched in 2011, suffered from high barriers to
entry: To participate, advertisers were required to have ad budgets of at least
$250 million but little previous involvement in direct mail. If participants
then boosted their direct mail by more than 500,000 pieces but failed to meet
mutually agreed-upon metrics of success, USPS guaranteed a postage refund of up
to $250,000.
Ad Pages Down 8.2% In 2012
2012 was another tough year for magazines, with
total ad pages falling 8.2% from 168,712 in 2011 to 154,838 last year,
according to the Publisher’s Information Bureau. Losses cut across most of the
major magazine categories, although some individual titles did post positive
results. Out of 219 titles tracked by the PIB, 158 titles or 72% of the total
experienced ad page declines. 74 titles or nearly 34% of the total experienced
ad page declines of 10% or more, and 28 titles or 12.8% of the total
experienced ad page declines of 20% or more.
Grantland: New York Magazine Our Model
http://adage.com/article/digital/grantland-grows-york-magazine-a-model/239098/
No
one knew what quite to expect in June 2011 when ESPN introduced Grantland.com,
a sports and pop culture website helmed by Bill Simmons, ESPN's longtime
"Sports Guy" columnist. In the year and a half since, the site has
found a footing, mixing long-form feature writing with both witty blog posts,
criticism on pop culture and deep analysis on major sports such as football and
basketball.
The Atlantic Offers Another App
As publishers wrestle with
whether to deliver their digital content in an app or Web-based browser, the
browser is gathering momentum.
The Atlantic today announced the
launch of a tablet-optimized HTML5 site for The Atlantic Wire, its news and
pop-culture site. And according to The Atlantic president Scott Havens, the new
Web app could eventually replace the site's iPhone app.
Time Inc. Prepares for Layoffs
Time Inc. staff are on eggshells
as they await news of layoffs and smaller bonuses than in years past as the
company faces declining revenue.
CEO Laura Lang, in a memo
yesterday, has already told employees she would eliminate the usual 3 percent
merit increase for 2013 as the company looks to “aggressively manage costs.”
MediaNext Wrap-Up
MediaNext Wrap-Up:
FOLIO:'s MediaNext event concluded today in New York. With about 1,000 in attendance the show examined all the ways publishers are evolving into true multiplatform media companies. With keynotes from LinkedIn's Dan Roth, Business Insider's Henry Blodget, Vox Media's James Bankoff and Meredith's Tom Harty, as well as four tracks dedicated to the various strategic channels publishers are leveraging, event content sat right at the intersection of where "traditional" meets digital.
FOLIO:'s MediaNext event concluded today in New York. With about 1,000 in attendance the show examined all the ways publishers are evolving into true multiplatform media companies. With keynotes from LinkedIn's Dan Roth, Business Insider's Henry Blodget, Vox Media's James Bankoff and Meredith's Tom Harty, as well as four tracks dedicated to the various strategic channels publishers are leveraging, event content sat right at the intersection of where "traditional" meets digital.
Thriving in the Age of Transformation
MediaNext Show: Thriving in the Age of Transformation:
Relevancy and innovation will help brands, and especially magazine publishers, not only stay afloat in the age of digital transformation, but also enable them to thrive. That was the message delivered by keynote speaker and Meredith Corporation’s National Media Group president Tom Harty during the final day of the MediaNext Show, FOLIO:’s annual conference.
Relevancy and innovation will help brands, and especially magazine publishers, not only stay afloat in the age of digital transformation, but also enable them to thrive. That was the message delivered by keynote speaker and Meredith Corporation’s National Media Group president Tom Harty during the final day of the MediaNext Show, FOLIO:’s annual conference.
DMA Names Woolley CEO
With Woolley as CEO, DMA Focuses on Data Marketing:
Linda Woolley has been appointed president and CEO of the Direct Marketing Association (DMA), the organization announced today. Woolley, who last May became the DMA's acting president and CEO following the resignation of her predecessor Larry Kimmel, has spurred DMA's new agenda to support and advance data-driven marketing practices.
Linda Woolley has been appointed president and CEO of the Direct Marketing Association (DMA), the organization announced today. Woolley, who last May became the DMA's acting president and CEO following the resignation of her predecessor Larry Kimmel, has spurred DMA's new agenda to support and advance data-driven marketing practices.
Wednesday, January 9, 2013
Sappi Europe Will Increase Coated Prices
Sappi Fine Paper Europe today confirmed it is proceeding
with its previously announced price increase for woodfree coated sheets and
reels as per January/February 2013.
Sappi Approves Coater Rebuild Project
Sappi Fine Paper North America approves $2.5M coater re-build project at its Westbrook Mill in Maine: Sappi Fine Paper North America today announced the approval for its $2.5M capital project to re-build a specialty paper coater at its Westbrook Mill in Westbrook, Maine. The investment is comprised of an upgrade in the web handling, coating and drying capabilities of #20 coater. Bringing expanded manufacturing capacity, and delivering higher yield, this upgrade allows Sappi's Release business to sustain market leadership with its Classics product line into the next decade.
Irving Paper Reports Record Levels
Irving Paper: Record-Breaking Performance: Irving Paper has a new target to beat in 2013 as it ends 2012 with record-breaking production. The team of over 300 employees pulled together to make 408,214 tonnes of quality specialty grade paper. While production has increased, the team has worked hard to reduce the mill’s impact on the environment. Over the past five years, Irving Paper has achieved a 55% reduction in greenhouse gas emissions – the equivalent of about 20,000 cars off the road.
IP Joins Two Sides
International Paper Becomes Member of Two Sides:
Two Sides said that International Paper has become a member, joining with other companies across the graphic communications value chain to promote the responsible production, use and sustainability of print and paper.
Two Sides said that International Paper has become a member, joining with other companies across the graphic communications value chain to promote the responsible production, use and sustainability of print and paper.
AF&PA Reports Paper & Paperboard Production
The American Forest & Paper Association (AF&PA)
released its November 2012 Monthly Statistics of Paper, Paperboard & Wood
Pulp today.
November production of paper and paperboard decreased 0.9% year-over-year.
The November operating rate was 91.6%, compared to 91.9% in October (revised), 91.6% in September, 93.9% in August (revised), 91.5% in July, and 93.2% in June. The November 2011 rate was 91.2%.
The November operating rate was 91.6%, compared to 91.9% in October (revised), 91.6% in September, 93.9% in August (revised), 91.5% in July, and 93.2% in June. The November 2011 rate was 91.2%.
China Reports Paper Production Up
Based on report by China Paper Association, in first 9
months of 2012, production and economic operation of pulp and paper firms in
China maintained the growth momentum, up 4.67% year over year. However, inventory figures and growth in
receivable account reflected market pressures the pulp paper firms are facing
currently.
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