Brazilian
packaging paper producer Klabin yesterday signed a letter of intent with Paraná
state's authorities for the Puma project, which involves the construction of a
new 1.5 million tonnes/yr pulp mill in Ortigueira city. The new mill will
produce hardwood and softwood pulp, as well as fluff, under Real 6.8 billion
($3.4 billion) investment. Production should begin in 2015.
Friday, May 10, 2013
PIMA: NewPage CEO Executive of the Year
George
F. Martin, president and chief executive officer, New Page, has been named
winner of the 2013 PIMA Executive of the Year Award. The award is PIMA's
highest honor and is bestowed on senior-level executives in the pulp, paper or
converting industries for excellence in management and outstanding
contributions to the industry as a whole.
Kruger Union Deal Clears Way for Loan
Corner
Brook Pulp and Paper and the last union without a deal representing workers
inside the mill have reached a collective agreement.
PwC's Annual Forect Product CEO Survey
After
several challenging years, the world's forest products sector is beginning to
show signs of recovery, according to the forestry feature in PwC's recent
16(th) Annual CEO Survey .
"We
are seeing optimism that demand and prices will continue to strengthen in the
solid wood sector, but recovery in the pulp and paper sector will likely
lag," said Mike Vermette, partner in PwC's Deals practice.
Condé Nast Closes Easy Living Print Edition
Condé Nast closes Easy Living print edition:
Launched eight years ago and re-launched just last year, Easy Living, which is printed by Wyndeham Roche, is the latest publication to move to an online only model with the July edition set to be its last in print.
Launched eight years ago and re-launched just last year, Easy Living, which is printed by Wyndeham Roche, is the latest publication to move to an online only model with the July edition set to be its last in print.
Print Brings 78% of Consumer Mag Revenue
PPA PUBLISHING+: Print Still Brings in 78% of Consumer Mag Revenue: Consumer magazine publishers still generate a massive 78 percent of their total revenues from their print products, according the fourth annual Publishing Futures report.
The survey of senior magazine executives predicts the figure will fall to 71 percent over the next two years, while income from the publishers' digital brands will rise from 8 percent to represent 15 percent of total revenue during the same period.
The survey of senior magazine executives predicts the figure will fall to 71 percent over the next two years, while income from the publishers' digital brands will rise from 8 percent to represent 15 percent of total revenue during the same period.
FIPP World Magazine Trends Report Available
The 18th edition of
FIPP World Magazine Trends 2012-13 is now available in print, digital and Excel
editions.
According to Trends
data from ZenithOptimedia, global ad expenditure is on the upswing, forecast to
grow 4.3% in 2012, reaching almost US$502 billion by year’s end. In 2011,
adspend was up by 3.8%, and 2013 and 2014 are expected to see even larger
growth, at 5.3% and 6.1%, respectively, the data shows.
Key findings:
Advertising expenditure by medium is shifting, as print
mediums see downturns while digital technologies are emerging as an
important player in the media landscape
Longer term optimism: gradual but sustained improvement in ad expenditure in North America, Western Europe and the Middle East and North Africa in 2013 and 2014
Asia Pacific, Central and Eastern Europe and Latin America should all achieve 7% to 10% annual growth over the next two years
60% of growth is coming from developing markets
Longer term optimism: gradual but sustained improvement in ad expenditure in North America, Western Europe and the Middle East and North Africa in 2013 and 2014
Asia Pacific, Central and Eastern Europe and Latin America should all achieve 7% to 10% annual growth over the next two years
60% of growth is coming from developing markets
Catalogers Voice Opposition to Tax Bill
At the American Catalog Mailers Association's (ACMA) National
Catalog Forum in Washington, D.C. yesterday, assorted catalog
mailers and suppliers voiced their concerns regarding the Main Street Fairness Act (aka the internet tax
law) and discussed their options to help see that the bill isn't passed. Having
already been passed by the Senate this past Monday, the
next hurdle to the bill becoming law is its passage in the House. The ACMA and
its members are fighting to make sure that doesn't happen.
Postmaster General Has Support of Cataloguers
While there's been plenty of debate on Capitol Hill about postal reform and how it should be handled, there's one thing everyone seemed to agree on at the National Catalog Forum, whether it was catalogers, printers, paper suppliers, other speakers, Postal Regulatory Commissioner Mark Acton, etc.: the catalog industry has an advocate in Postmaster General Pat Donahoe. That won't solve all its problems, but it's a good start.
Postal Loss May Lead to Extreme Action
Postal Loss May Lead to Extreme Action, Postmaster Says: The U.S. Postal Service added to its losses in the second quarter and is closer to needing “extreme action” to keep it afloat, Postmaster General Patrick Donahoe said.
http://www.dmnews.com/lack-of-legislative-reform-costs-usps-31-billion-so-far-this-year/article/292908/
Lack of Legislative Reform Costs USPS $3.1 Billion So Far This Year
Lack of Legislative Reform Costs USPS $3.1 Billion So Far This Year
In April, the USPS delayed its implementation of five-day delivery schedule until legislation is passed that provides the USPS with the authority to implement a financially appropriate and responsible delivery schedule. According to Post Master General and CEO Patrick Donahoe, if legislation doesn’t pass, the postal service will have to do something to get revenue in the organization.
Newspaper Ads Move 4/5 to Act
Four Out of 5 Take Action Thanks to Newspaper Ads: Four out of five U.S. adults say they took action as a result of print newspaper ad in the past month, and 53% made a purchase, according to a recent NAA study.
Thursday, May 9, 2013
Sappi Reports Q2 Results
Sappi profits fall 88%:
Summary for the quarter:
Operating profit excluding special items US$40 million (Q2 2012 US$125 million)
Net finance costs US$40 million (Q2 2012 US$51 million)
Net debt US$2,152 million (Q2 2012 US$2,133 million)
Summary for the quarter:
European business impacted by lower prices and higher pulp costs
Specialised Cellulose projects on track, major shuts completed
Profit for the period US$7 million (Q2 2012 US$58 million)
EPS 1 US cent (Q2 2012 11 US cents) Specialised Cellulose projects on track, major shuts completed
Profit for the period US$7 million (Q2 2012 US$58 million)
Operating profit excluding special items US$40 million (Q2 2012 US$125 million)
Net finance costs US$40 million (Q2 2012 US$51 million)
Net debt US$2,152 million (Q2 2012 US$2,133 million)
Neenah Paper Reports Q1 Earnings
Neenah
Paper, Inc. today reported adjusted earnings from continuing operations of
$0.74 per diluted common share in the first quarter of 2013 compared to
adjusted earnings of $0.77 per share in the first quarter of 2012. Without
adjustments, reported earnings in the first quarter of 2013 were $0.73 per
diluted share and compared to $0.54 per share in the prior year period.
Adjusted earnings excluded costs of $0.01 per share in 2013 to integrate brands
purchased from Southworth in January 2013 and excluded costs of $0.23 per share
in 2012 for acquisition costs and a pension settlement charge.
Net
sales of $213.2 million in the first quarter of 2013 increased eight percent
compared with the first quarter of 2012. Revenues increased in both segments,
with growth in Fine Paper aided by additional volumes from acquired brands.
Cenveo Reports Q1 Results
Cenveo,
Inc. today announced results for the three months ended March 30, 2013.
The
Company generated net sales of $432.3 million for the three months ended March
30, 2013, compared to $455.6 million for the same period last year.
Operating
income was $13.9 million for the three months ended March 30, 2013, compared to
$14.2 million for the same period last year. The decrease in operating income
was primarily due to lower sales, higher input costs in smaller raw material
categories and inefficiencies related to a press fire in one of our packaging
facilities, offset in part by lower restructuring, impairment and other
charges.
F+W to Acquire ‘The Sewing Studio', LoveSewing.com
F+W Media, Inc. announced the Company has signed a
definitive agreement to acquire a sewing vertical with retail locations in New
York City and Toronto and a thriving online education portal. The Sewing Studio
and www.LoveSewing.com
will join the F+W portfolio effective May 1st further solidifying the Company’s
role as the leader in craft and sewing media and education. Terms of the deal
will not be disclosed.
David Nussbaum, Chairman & CEO, spoke about the acquisition, “In our continued mission to serve our communities, we pay particular attention to how our enthusiasts get their information, get inspired, and learn..."
David Nussbaum, Chairman & CEO, spoke about the acquisition, “In our continued mission to serve our communities, we pay particular attention to how our enthusiasts get their information, get inspired, and learn..."
Hearst Magazines Names President Digital Media
Hearst Magazines, the publisher of such venerable titles as Esquire and
Cosmopolitan, said on Wednesday that it was creating a new position, president
of digital media.
The job will go to Troy Young, 45, who will be responsible for content,
revenue production and development strategies for Hearst Magazines’ 26 online
properties, which include Cosmopolitan.com, Elle.com and RealBeauty.com. The job’s purview extends
only to magazines’ online brands, not to their print editions.
Williams-Sonoma Expands to Australia
Williams-Sonoma, Inc. (NYS: WSM) , the North
America-based retailer that specializes in high-quality products for the home,
today celebrated the opening of four stores in the Bondi Junction suburb of
Sydney, Australia. The Williams-Sonoma, Pottery Barn, Pottery Barn Kids and
West Elm stores will open at 10 a.m. on May 2, preceded by a ribbon cutting
hosted by The Honorable Barry O'Farrell MP, Premier of New South Wales.
PRIMIR: "eCommerce & Print Business Models"
PRIMIR,
the Print Industries Market Information and Research Organization, today
announced that its latest study, "eCommerce & Print Business
Models," has been published. The research, conducted by InfoTrends
and provided exclusively to PRIMIR members, reveals insights into this service
that growing numbers of printers are now offering, and also how manufacturers
of equipment, software, consumables and supplies can provide them with support.
Nautilus: Science Connected Magazine Launched
The magazine will not come out all at once, but in online “chapters” each Thursday. Physically, it is to appear quarterly; subscriptions are $49 a year; Mr. Steele hopes for an initial base of 5,000 subscribers. A few copies of an abridged version of the first issue have been produced: Its 44 thick, color pages have the luxurious production values of a corporate report.
Email Open Rates Average 19.7%
Email open rates average 19.7% last year: Email marketers experienced an average open rate of 19.7% last year, a report from email marketing services provider Silverpop found.
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