Since a fire last week, production on Sappi's one machine at its Nijmegen, Netherlands mill, PM 7, which has a capacity of 240,000 tonne/yr of coated
woodfree, has been suspended.
The
fire began in some cabling on the outside of the factory building shortly
before 8 PM on July 4.
Reparation
work is ongoing, but no date has been set for restarting the machine.
|
Monday, July 9, 2012
Sappi CWF Machine Down
Steep Drop in Newsprint Continues
Steep drop in newsprint continues: Steep demand declines in North America and Western Europe, as well as a slowdown in growth from Asia and the introduction of new machines in developing markets, will necessitate the removal of 3.5 million to 4.4 million tonnes of newsprint capacity around the world over the next several years, according to RISI's just-released Global Newsprint Risk of Closure study.
USPS Offers Picture Permit
USPS Picture Permit program now open: The U.S. Postal Service has opened online registration for its Picture Permit option, allowing commercial mailers to include logos, trademarks, brand images and other kinds of marketing designs in the postage information area on mail pieces.
Wicks Group Buys Northstar
Northstar Travel Media Acquired by Wicks Group: Northstar Travel Media, a leading business-information company serving the travel and meetings industries, has been acquired by the Wicks Group, making it one of the very few successful transactions in traditional b-to-b media in the last several years.
Valassis; 90% of Grocery Retailers Use Circulars
Valasssis Survey Reveals Supermarket Media Preferences:Valassis shared the results of a study indicating that 90 percent of grocery retailers still use weekly circulars as their promotion of choice.
NAPL Webinar: Historic Opportunity in Print
The
National Association for Printing Leadership (NAPL) invites industry
professionals to attend a free educational webinar, titled “Historic
Opportunity Awaits the Printing Industry.” It will be led by NAPL President and
CEO Joseph P. Truncale, Ph.D., and Senior Vice President and Chief Economist
Andrew Paparozzi.
"Self" Introduces New Site
The site, which Self is
calling a “virtual trunk show,” rolls out in September, the kickoff to the fall
fashion season. It will present Selfstaff-selected products and a rotating series of advertisers’ products in
sleek, catalogue-style displays.
Magazines Embrace Adding Digital
The magazine industry recently emerged from a decade-long period of denial
about digital media.
As circulation seizes up and declines and advertisers
seem shaky at best about the role of print in their marketing mix, suddenly the
periodical industry is all-in for digital, especially apps. Many have used the
term “digital do-over” to describe the opportunity to catch the app/tablet/mobile
wave that most of them boggled online. And so we are getting a range of
magazine editions of the print product as well as new units at companies like
Rodale and Martha Stewart Living Omnimedia that are churning out lines of apps.
Heidelberg Expands in Asian Market
Heidelberg Successfully Expands Its Business in the Asian Pacific Market: Printers in emerging countries increasingly invest in technology made by Heidelberger Druckmaschinen AG (Heidelberg). In paricular, the market for packaging printing is growing.
Media & Marketing M&A Up
Report: Media and marketing M&A activity increases: Merger and acquisition deals in the media and marketing space totaled 834 in the first half, an increase of 6% over the second half of 2011, according to data released by investment bank Berkery, Noyes & Co. In the same time frame, aggregate deal value increased 27%, to $31.51 billion.
Friday, July 6, 2012
MeadWestvaco Suing NewPage
http://www.bloomberg.com/news/2012-06-25/houghton-ritz-camera-hostess-dewey-bicent-bankruptcy.html
MeadWestvaco
is suing NewPage for alleged breach of contract over asbestos liabilities
specified in an equity and asset purchase agreement between the two companies.
The
liabilities were assumed when NewPage was formed in 2005 through its $2.05
billion purchase of MeadWestvaco's coated paper business.
NewPage
has told MeadWestvaco it is rejecting the agreement, which says NewPage must
"defend and indemnify" MeadWestvaco for asbestos injury claims
arising from the businesses transferred to NewPage.
Norske Skog Invests in Halden
Norske Skog invests a quarter of a billion in Halden: Norske Skog will invest NOK 220 million in an expansion and renewal of the thermo-mechanical pulp plant at Norske Skog Saugbrugs in Halden. The old pulp plant will be replaced by a modern facility, which will supply pulp to the paper machines at a much lower cost than today.
Indian Company Buys Terrace Bay Pulp
http://blogs.wsj.com/dealjournalindia/2012/07/06/indias-birla-group-to-buy-canadas-terrace-bay-pulp-mill/
India’s Aditya Birla Group Thursday said it will acquire Canada’s Terrace
Bay Pulp Mill Inc. for an undisclosed amount.
Since January, the mill has been under the protection of a Canadan law that
allows financially troubled firms to restructure and avoid bankruptcy.
Aditya Birla plans to convert the mill to produce a different kind of pulp
than it was previously producing.
IBISWorld; Direct Mail Recovering from Recession
Direct Mail Advertising Hurt Less by, Rebounding from the Recession Says IBISWorld: The recession caused demand for the direct mail advertising industry to fall as businesses cut costs to maintain profit...For marketers that want to target a specific group or niche market, direct forms of advertising are often more cost effective than traditional advertising. Direct mail advertising displays relatively low volatility, suffering less in a downturn because many businesses substitute their traditional advertising methods with cheaper, broader-reaching advertising methods...When the economy slows and businesses trim marketing budgets, marketers turn to more cost-effective and targeted forms of promotion. While fewer funds are allocated to marketing across the board, the proportion devoted to direct mail grows; in essence, the industry takes a larger slice of a smaller pie. This factor helped distance the industry from the declines experienced by the wider advertising sector during the recession...During the five years to 2017, industry revenue is expected to increase. For more information, visit IBISWorld’s “Direct Mail Advertising in the US: Market Research Report” page. 
USPS Begins Closings
USPS begins consolidating processing facilities: Washington, D.C.—The U.S. Postal Service this week began to consolidate and close processing plants to cut expenses. Up to 48 service facilities will be impacted over the next two months. The USPS plans to close about 140 plants in its next fiscal year, which begins Oct. 1, and another 90 the following year. In addition, the USPS is offering buyouts and retirement packages to 21,000 postmasters as well as 45,000 mail handlers.
USPS Customers Already Worried
With Cuts on the Way, Postal Service Customers Already Bemoan Delays: Even before the Postal Service begins closing hundreds of processing centers to cut costs, several businesses say they are beginning to see a decline in service. In Wisconsin, Publisher’s Diversified Mail Service, a direct marketing firm that sends out 50 million to 75 million pieces of mail a year, said there had been delays in getting promotions delivered on time.
Multichannel Retailers More Optimistic
Online-only and multichannel retailers both expect growth in the next year,
according to new research from Eccomplish, which found about 73 percent of them
are anticipating growing revenues anywhere between 1 and 20 percent. That
compares with the 79 percent of multichannel retailers who expect the same
growth, according to managementtoday.com.
An even wider gap exists between the 4 percent of online-only retailers who
expect more than 50 percent growth and the 10 percent of multichannel retailers
who are planning for it.
Study Reports H2 Private Sector Job Forecast
While the jobs recovery continues to lag that of previous recessions, the
outlook for the back half of 2012 shows continued improvement over 2011.
Forty-four percent of private sector employers reported they are planning to
hire full-time, permanent staff from July 1 through December 31, 2012, an
increase of nine percentage points over the same period last year.
Thursday, July 5, 2012
Initial Reaction to Verso Move Positive
Verso
Paper Corp.'s shares soared Tuesday after the paper company said it's talking
with stakeholders of NewPage Corp. about bidding for the rival company, which
filed for Chapter 11 bankruptcy protection in September.
Verso's
shares rose 56 cents, or nearly 48 percent, to close Tuesday at $1.73. Shares
of the Memphis, Tenn.-based company have traded between 85 cents and $3.36 in
the past 52 weeks.
NS Offers $1 Million Fund for Private Owners
Nova Scotia providing $1 million fund for building and maintaining private woodlot roads:
The province of Nova Scotia is making $1 million available so private woodlot owners, including those in Queens County and the South Shore, can access more of their forest land.
The provincial fund is helping woodlot owners build and maintain woodlot roads.
The province of Nova Scotia is making $1 million available so private woodlot owners, including those in Queens County and the South Shore, can access more of their forest land.
The provincial fund is helping woodlot owners build and maintain woodlot roads.
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