TSX approves Fibrek’s private placement of special warrants to Mercer:
Fibrek Inc. has just announced that the Toronto Stock Exchange (TSX) has determined to accept notice of Fibrek’s private placement of special warrants to Mercer International Inc. and has conditionally approved the listing of the common shares issuable on conversion of the Special Warrants. Completion of the Private Placement is subject to customary conditions.
Tuesday, March 20, 2012
Stora Enso to Invest 1.6 b Euros in China
UPDATE 2-Stora Enso to invest 1.6 bln euros in new China mill:
Finnish paper company Stora Enso plans to invest 1.6 billion euros to build a new mill in China, banking on growth in the Asian market as it faces weakening demand and overcapacity in Europe.
Finnish paper company Stora Enso plans to invest 1.6 billion euros to build a new mill in China, banking on growth in the Asian market as it faces weakening demand and overcapacity in Europe.
IP; One of the World's Most Ethical Company
International Paper's Sixth Year as One of the World's Most Ethical Company: For the sixth straight year, International Paper was named as one of the World’s Most Ethical Companies by The Ethisphere Institute.
Ocado Launches "Shop"
Ocado rebrands customer magazine: Ocado has relaunched its customer magazine Ocado Life and renamed it Shop, with the first issue due to be distributed this week.
manroland web Opens Operation in NA
manroland web systems GmbH Opens New Operation in North America: —manroland web systems, the U.S. sales and service organization for manroland web systems GmbH (Augsburg, Germany), was founded this past week and came into existence on March 16. The new company is located in Westmont, IL.
Sandy Alexander Becomes SGP Certified
Sandy Alexander Wide & Grand Format Division Becomes SGP Certified: Sandy Alexander announced today that they have received the Sustainable Green Printing Partnership (SGP) certification.
Monday, March 19, 2012
NA Coated Paper Ships Up, Demand Down
February North American coated mechanical shipments, as reported by PPPC, was up 2.7% in February as compared to the same month last year. Demand was down -2.9%, imports declined -15.6% and the operating rate was 92%. February coated woodfree shipments rose 1.4%, demand fell -1.2%, imports were down -11.4% and the operating rate was 87%.
Catalyst Secures Labor Agreements
http://www.catalystpaper.com/media/news
Catalyst Paper reached new labour agreements with unions representing more than 1,000 paper and pulp workers at the company’s Crofton, Port Alberni and Powell River mills. The new contracts will go into effect at the expiry of the current contract on April 30, 2012.
Resolute to Appeal Fibrek Decision
Resolute wins permission to appeal:
The Québec Court of Appeal has granted AbitibiBowater Inc. (doing business as Resolute Forest Products) permission to appeal the Court of Québec’s decision rendered on March 9, 2012.
The Québec Court of Appeal has granted AbitibiBowater Inc. (doing business as Resolute Forest Products) permission to appeal the Court of Québec’s decision rendered on March 9, 2012.
Stora Enso Makes Changes
Stora Enso is appointing three new members to its Group Executive Team,Karl-Henrik Sundström, who has been appointed CFO. At the same time three current members will leave the team to take
new positions inside and outside the Company.
Wyndeham Group Renews Condé Nast Britain Contract
Wyndeham Group Renews Three-Year Contract with Condé Nast Britain: Wyndeham Group announces it has renewed its printing contract with Condé Nast Britain, to cover the next three years.
The new deal encompasses the printing and binding of Condé Nast’s market leading consumer magazines.
The new deal encompasses the printing and binding of Condé Nast’s market leading consumer magazines.
40% of Display Ads Miss Target
High Proportion of Display Ads Not Seen by Intended Audience: A review of user engagement with display ads finds that that nearly 40% of these ads are not seen by their intended audience.
37% B-toB Marketers Not Measuring Results
Study: Marketers falling short in campaign metrics: Almost 37% of b-to-b marketers don't track revenue generated by their campaigns, with many citing lack of time or resources to create reports, according to a study by marketing automation company Pardot.
UPS Buys TNT Express
UPS acquires TNT Express: UPS has reached an agreement to acquire Dutch-based international delivery services company TNT Express, said UPS director of global media services Norman Black. TNT Express's major shareholders have agreed on UPS's all-cash offer at $6.8 billion.
Newspaper Ads Fall 6th Consecutive Year
U.S. newspaper ad revenue drops for sixth straight year: Total newspaper advertising revenue in the U.S. suffered its sixth straight yearly decline last year, according to data released by the Newspaper Association of America.
Friday, March 16, 2012
Canfor Follows Domtar on NBSK
Canfor Pulp announced to US and Asian customers that it will increase northern bleached softwood kraft (NBSK) pulp prices by $30/tonne, effective April 1 until further notice.
NewPage Port Hawkesbury Gets Funding
Darrell Dexter, the Premier of Nova Scotia, is in Port Hawkesbury at this hour, making a funding announcement for the idled Port Hawkesbury Supercalendered paper mill. It includes a total of $14.8 in funding. $5.8 million of the total will be used to maintain the mill’s hot idle until a sale of the mill to Pacific West Commercial Corp. is complete.
Cataloguers' Take on USPS Plan
http://www.retailonlineintegration.com/article/catalogers-offer-mixed-reactions-to-usps-5-year-profitability-plan/1
Catalogers were hopeful yet still cautious regarding the proposals laid out in the U.S. Postal Service's five-year business plan, which was presented by Postmaster General and CEO Patrick Donahoe
Group Publisher Leaves American Media
http://www.adweek.com/print/138945
Diane Newman, who had people buzzing over her weeks-long absence from tabloid and fitness publisher American Media, has now left the company.
Print Media Still Favorite
Print Media Still Preferred by Execs for Biz & Trade Info: The majority of surveyed global senior executives continue to read business and trade information in printed formats.
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