Amazon Now Hiring for Over 120,000 Jobs in the U.S. This Holiday Season

Amazon announced it is creating more than 120,000 positions this season across its U.S. network of fulfillment centers, sortation centers and customer service sites. Last year, thousands of holiday positions were transitioned to regular, full-time roles after the holidays and the company expects to continue that trend this year. “We prepare year round for the holidays and we’re excited to hire for over 120,000 positions this season to help delight our customers,” said Dave Clark, Amazon Senior Vice President of Global Customer Fulfillment. “We look forward to welcoming back holiday employees who return year-after-year to Amazon and welcome new faces to the team, many of whom will continue on with regular, full-time roles with the company after the holidays.” Click Read More below for additional information.
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Oil Slides Before U.S. Data as IEA Warns of Ceiling for Prices

Futures lost 0.9 percent in New York after climbing 4.1 percent in the previous three sessions. Inventories rose by 3.1 million barrels last week, the American Petroleum Institute was said to report. Energy Information Administration data Thursday is forecast to show stockpiles dropped for a third week. Global supply and demand estimates for 2018 indicate that stockpiles may not fall further, potentially capping prices, according to the International Energy Agency. “According to the IEA’s calculation, at the current level of OPEC production there will be no global stock draws next year,” said Olivier Jakob, managing director of consultants Petromatrix GmbH in Zug, Switzerland. “If the IEA is right, then markets will continue to trade in the narrow” price band seen recently. Global oil stockpiles will fall this year by 300,000 barrels a day as stronger demand and output curbs by OPEC and Russia whittle away a surplus, the IEA said Thursday in its monthly report. Still, even if the producers decide to continue with the cuts next year, surging supplies from the U.S. and elsewhere will prevent inventories dropping further. Click Read More below for additional information.
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Catalyst Paper Implements New Recruitment & Onboarding System

The new system has limited data entry requirements allowing individuals interested in a career with Catalyst to enter their credentials quickly and easily. The new system also allows the company to maintain an easily searchable database of candidates for current or future jobs. Anyone interested in employment with Catalyst or considering a job change should visit the company’s careers site (catalystpaper.com/careers) and input their credentials. For over a century, Catalyst has been an integral part of the North American pulp and paper industry. It is proud to be recognized as a leader in product technology innovation and environmental sustainability, founded on a tradition of operational excellence and personal ownership for business performance. Click Read More below for additional information.
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Fort Smith Glatfelter plant to begin production in November

Glatfelter, the York, Pa.-based global manufacturer of specialty papers and fiber-based engineered materials, soon will begin making its sought-after “airlaid” products in Fort Smith for the “wipes and hygiene markets.” The company announced in March 2016 it would spend $80 million to repurpose the unused Mitsubishi building at 8201 Chad Colley Blvd. in Fort Smith’s Chaffee Crossing for what has become its 13th manufacturing facility. Glatfelter is creating at least 80 new, high-tech manufacturing jobs in Fort Smith. The company projected in March 2016 it would be up and running in Fort Smith by late 2017 or early 2018. Click Read More below for additional information.
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Heidelberg Technology and Automation Produce Industry-Leading Productivity Levels, Maximize Profits for Printers

Citing two new white papers from the Printing Industries of America, Heidelberger Druckmaschinen AG (Heidelberg) finds new technology when driven by the automation of processes like “Push to Stop” provides a direct link to enhanced productivity and maximum profitability. The two white papers, published by Dr. Ronnie H. Davis, PIA’s Chief Economist, focus on the roles that productivity and costs play in a printer’s overall profitability. Davis argues lowering manufacturing costs is the main way to boost profits. In fact, a 1% decrease in costs equates to a 34% increase in profits based on the industry-wide average of 2% profit. The reports show the wide profit gap ($13 for every $100 Job) between profit leaders in the printing industry and those with profit potential (Figure 1). This gap, Davis attributes, is a direct result of the reduction of manufacturing costs by the profit leaders through investment in new, technologically advanced equipment. According to PIA’s studies, customers who invest in new technology, “save more than two employees per million dollars in sales.” Click Read More below for additional information.
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Huhtamaki North America Foodservice collects three awards

Wendy’s, Church’s Chicken and Taco Bell all honored North America’s Foodservice business unit with significant awards earned for delivering outstanding service and design. As three of the most globally recognizable quick-service restaurants in the industry, these are obviously great honors for our company. Wendy’s Golden Link Award - Awarded only once every two years, the Golden Link Awards recognize top supply chain partners. Huhtamaki was honored for their strong commitment to its partnership with Wendy’s and delivering excellent products at a fair price. Church’s Chicken Supplier of the Year - Huhtamaki collaborated with Church’s Chicken to globally source the paperboard used in producing the Church’s boxes and cartons. Yum! Brands/RSCS STAR Award for Taco Bell’s Packaging Supplier of the Year - During their Annual STAR Award ceremony, Yum! Brands and Restaurant Supply Chain Solutions (RSCS) chose Huhtamaki as Taco Bell’s Packaging Supplier of the Year. Click Read More below for additional information.
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Time Inc Cuts Circulation, Frequency Of Magazines

Time Inc. is reducing the circulation and frequency of a number of its titles to “sustain its print business,” focusing on its core readership with heftier issues. The goal is to attract advertisers to a more valuable audience. Time Inc. confirmed to Publishers Daily it will cut the circulation of Time and People en Español, as well as reduce the frequency of the latter, Sports Illustrated, Fortune, Money and Entertainment Weekly. Time magazine will cut its circulation by one-third, from 3 million to 2 million per issue. Its frequency will stay the same at 44 issues per year. People en Español will lower its circulation from 540,000 to 500,000 and cut two of its issues to print nine a year. Sports Illustrated will drop from 38 issues a year to 27. Fortune’s frequency will change to monthly, from 16 issues a year. Money will drop to 10 issues from 11. Entertainment Weekly will cut four issues and appear 34 times a year in 2018. Click Read More below for additional information.
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Smurfit Kappa invests $62m in advanced and sustainable technology in the Los Reyes Paper Mill, Mexico

The PM6 machine, which has a production capacity of 100,000 tons of recycled containerboard per year, will facilitate greater integration within the Group’s converting plants and significantly increase the energy efficiency of the Los Reyes plant. The investment will enable Smurfit Kappa Mexico to produce high performance containerboard, contributing to the company's competitiveness in an ever-growing packaging market. The type of material produced by PM6 further strengthens Smurfit Kappa’s offering for the agricultural and electrical appliance sectors, where protecting products in the supply chain is key. Click Read More below for additional information.
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West Linn Paper Coated Paper Price Increase

Effective with shipments of November 1, 2017 West Linn Paper Company will be increasing prices of our coated products by 4 - 7% on all surfaces of the following products: •Capistrano •Sonoma •Nature Plus •Nature. This price increase applies to all basis weights and finishes plus all related private label grades and associated brand extensions.
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‘Readers Digest’ Publishes First Digital-To-Print Issue

Reader’s Digest is publishing a unique issue this week, curating its most successful digital health content to create a special “Ultimate Health Guide” print issue. The “Ultimate Health Guide” is available on newsstands beginning this week. It will have a circulation of about 400,000 and a cover price of $4.99. The issue features a special report on the silent symptoms that signal a potentially serious health concern and how to identify them to reduce the medical risks. The issue also examines ways that readers can deal with common health problems, such as headaches, joint pain, insomnia and stomach problems. Click Read More below for more of the story.
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Don’t Look Now, But Some Newspapers Are Breaking Even

It says a lot about the state of the newspaper industry that it’s considered good news when a publisher breaks even, in light of the constant drumbeat of advertising losses, with print dollars exchanged for digital pennies. Newspaper watchers were pleasantly surprised when the Daily Mail and General Trust, the British publisher of the Daily Mail and Mail on Sunday, announced total revenues were up 1%. The real good news tucked inside the Mail announcement: Digital advertising revenues were up 22% or £19 million, more than offset the decline in print, down 11% or £15 million. That last development bucks the general trend in the newspaper industry on both sides of the Atlantic over the last few years. Growth in digital ad revenues has generally failed to offset print declines – at least until recently. Click Read More below for more of the story.
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American Eagle Paper Mills to Receive the 2017 Leadership in Sustainable Business Award from the Pennsylvania Resources Council

American Eagle Paper Mills has been selected as the recipient of the 2017 Leadership in Sustainable Business Award by the Pennsylvania Resources Council (PRC), the Commonwealth’s oldest grassroots environmental non-profit organization. American Eagle Paper Mills is being recognized for its production of recycled chlorine free paper using an innovative deinking process that allows it to recycle multiple types of paper waste. PRC also applauds the mills recent Project Phoenix, which replaced the mills coal boiler and antiquated energy distribution systems with high efficiency natural gas boiler and power distribution system. The project dramatically cut GHG emissions from the mill and reduced water intake by 82%. Every year, PRC honors groups, organizations and individuals who show outstanding leadership, creativity and a commitment to protecting the environment for future generations of Pennsylvanians. Click Read More below for more of the story.
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Fortress Paper Restarts Production at its Dissolving Pulp Mill

Paper Ltd. is pleased to announce that the Fortress Specialty Cellulose Mill (the "FSC Mill") restarted on October 6, 2017, three days earlier than previously announced in its September 27, 2017 news release. The Company has completed the necessary repairs at the FSC Mill caused by the failure of a pressurized auxiliary gas collection system and has re-commenced production of dissolving pulp. Mr. Giovanni Iadeluca, President of the FSC Mill, commented: "We wish to thank our team at the FSC Mill for their tireless efforts in resolving the system failure and achieving a restart three days earlier than originally anticipated. The FSC Mill restarted the normal ramp up of its operations on October 6th, the production and cogeneration facility are now operating in ordinary course.” Click Read More below for additional detail.
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Sears Canada to Liquidate With the Loss of 12,000 Jobs

Sears Canada Inc. plans to liquidate its remaining stores with the loss of about 12,000 jobs, unable to fend off the march to online shopping after operating in malls and towns across the country for 65 years. The Toronto-based chain will seek court approval for the filing on Friday and begin liquidation sales at its remaining 150 stores on Oct. 19 at the earliest, according to a statement Tuesday. The move follows a last-minute attempt by executive chairman Brandon Stranzl, backed by Blackstone Group LP, to put together an offer to save the retailer. But the company said it didn’t receive a viable bid to keep the stores operating as a going concern. Sears Canada filed for creditor protection in June with liabilities of C$1.1 billion ($880 million) and had been gradually closing its 225 stores. Click Read More below for more of the story.
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AF&PA Issues Statement on EPA’s Clean Power Plan Announcement

American Forest & Paper Association President and CEO Donna Harman issued the following statement regarding the Environmental Protection Agency’s (EPA) announcement that it plans to repeal the Clean Power Plan (CPP) and issue an Advanced Notice of Proposed Rulemaking to seek input on a possible replacement. “The Clean Power Plan has been flawed from the start, and we welcome EPA’s efforts to provide states and ratepayers, including paper and wood products manufacturers, with relief from costly, complex and harmful regulatory overreach. The nation deserves affordable, reliable electricity, not rate hikes and competitive harm that can stem from onerous regulation. “As the EPA moves forward, we will closely examine the agency’s proposed next steps and continue to advocate for the regulatory certainty our industry needs in order to contribute to economic expansion and job creation.”
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Oil Holds Gains as OPEC Sees Recovery, Storm Curbs U.S. Output

Futures added 0.7 percent in New York after advancing 3.3 percent the previous two sessions. The global economic recovery has gained traction and oil de-stocking gathered pace in recent months, Barkindo said Tuesday. Producers in the U.S. Gulf have cut output by a million barrels a day, or 59 percent, because of Tropical Storm Nate, the Bureau of Safety & Environmental Enforcement said. Oil has inched higher in the past few days -- following the biggest weekly loss since May -- on signs of tighter supply. U.S. crude stockpiles probably fell by 2.4 million barrels last week, according to a Bloomberg survey before an Energy Information Administration report Thursday. Barkindo, speaking in New Delhi, said the Organization of Petroleum Exporting Countries had boosted oil-demand estimates for this year and next. “OPEC is talking to a market which is currently prepared to listen, given the visible improvements seen during the past few months,” said Ole Sloth Hansen, head of commodity strategy at Saxo Bank A/S. Click Read More below for more of the story.
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Ned Dwyer Appointed President & Chief Executive Officer of Catalyst Paper

Ned is an industry veteran with more than 30 years in the pulp and paper industry gained in progressively senior roles with global companies. He most recently served as Catalyst’s Chief Operating Officer. Ned is recognized for successfully leading major operational and performance improvements in cost, productivity, efficiency, quality and safety. He has a track record for successful machine start-ups and rebuilds, as well as leading product development for emerging markets. Ned holds a Bachelor of Science (Paper Science and Engineering) from the State University of New York and Syracuse University.
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EFI offers new LED, Textile and Flatbed Technology at SGIA Expo to Accelerate Competitive Advantage for Print Providers

The Electronics For Imaging, Inc. exhibit at SGIA Expo shows how signage and graphics businesses can gain productivity and profitability advantages with a broad portfolio of digital production products, including the new EFI™ Pro 24f true flatbed LED printer shown for the very first time. EFI's exhibit at the New Orleans tradeshow also includes an EFI Reggiani industrial textile digital printer making its North American debut. Plus, attendees can see a complete portfolio of production inkjet printers, workflow software and EFI Fiery® digital front end (DFE) technologies that help businesses drive a stronger competitive advantage. Complete digital offerings for new growth opportunities: The EFI portfolio shown at SGIA Expo will help customers succeed in digital markets primed for continued growth. Customer Bill Stender, general manager of San Francisco-based graphics company SF Landmark, attended last year's show to learn more about opportunities with textile-printed soft signage. That visit ultimately led him to acquiring an EFI VUTEk® FabriVU® 340 soft signage printer, an EFI Fiery proServer DFE, and EFI Digital StoreFront® technology for web-to-print ordering. Click Read More below for additional detail.
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Successful trade fair in the growing labeling market

The labeling market is one of the largest growth segments in the printing industry. The demand for digitally printed labels in particular is recording extremely dynamic and sustained growth. The level of customer interest in the latest labeling solutions from Gallus, a subsidiary of Heidelberger Druckmaschinen AG (Heidelberg), was thus very high at this year’s Labelexpo trade fair in Brussels at the end of September. Numerous orders for the Gallus Labelfire digital label press as well as for the new Gallus Labelmaster platform are evidence of Heidelberg’s leading role in this market segment. “The labeling market is an important part of our growth strategy,” explained Rainer Hundsdörfer, the company’s CEO. “We’re focusing on the globally increasing demand for labels, produced both digitally or in the conventional way. We’re convinced that our Gallus range will provide a great amount of potential for Heidelberg.” Click Read More below for additional detail.
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Mondi Group: Trading update 11 October 2017

Underlying operating profit for the third quarter of 2017 of €245 million was 8% above the comparable prior year period (€227 million). The Group benefited from higher average selling prices partly offset by higher costs and negative currency effects. Underlying operating profit was in line with the second quarter of 2017, with the positive pricing momentum seen across most product segments offset by rising costs, negative currency effects and the usual seasonal downturn in Uncoated Fine Paper. Like-for-like sales volumes were above the comparable prior year period, driven by good growth in containerboard and Fibre Packaging. Selling prices for the Group’s key paper grades were above those of both the comparable prior year period and the previous quarter as the upward momentum in pricing witnessed over the first half continued. Costs were generally higher than the comparable prior year period and the previous quarter. Wood, energy and chemical costs were higher than the comparable prior year period while benchmark paper for recycling prices were up 15% compared to the third quarter of 2016, and 6% higher sequentially. Click Read More below for additional detail.
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Norske Skog: The boards’ final recapitalization proposal

The key terms of the proposed recapitalization transaction are: - Issuance of a new senior secured EUR 250 million bond loan carrying 8.5 % interest with a 2022 maturity to the owners of the EUR 290 million bond loan and the EUR 100 million NSF-facility. The new bond loan will have the same collateral security as today's secured debt. The existing claims of the secured bond loan holders and NSF-lenders in excess of EUR 250 million, including accrued interest, will be converted to equity. - The conversion into equity of all outstanding unsecured bond debt amounting to approximately EUR 500 million including accrued interest. - After such conversions, the equity ownership of Norske Skogindustrier ASA will be split as follows: a. Secured note holders: 91.0 % b. Unsecured noteholders: 6.3 % c. Existing shareholders: 2.7 % - The board will propose an equity offering by Norske Skogindustrier ASA of up to approximately NOK 500 million with preferential rights for existing unsecured bondholders and shareholders, allocated by approximately NOK 300 million to the unsecured bondholders and approximately NOK 200 million to the shareholders. If fully subscribed, this will entail an increase in their ownership interest from 9 % to approximately 28 %. The subscription price will be set at a valuation of 6x the revised 2017 GOE guidance of EUR 75 million. - Warrants will be issued for up to 10 % of the equity in Norske Skogindustrier ASA to those who have subscribed to the above equity offering. The warrants entitle the holders to subscribe for shares if the sum of the group's average net debt and market value exceeds EUR 525 million in a consecutive period of 6 months prior to 30 June 2019. The subscription rights expire worthless on 30 June 2019 if not exercised. Click Read More below for additional detail.
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American Fisheries Society and Wiley Confirm New Publishing Partnership

John Wiley and Sons Inc. is delighted to announce its selection by the American Fisheries Society (AFS) as publishing partner for its prestigious journals and magazine devoted to the research of aquatic sciences and fisheries resources. With more than 7,500 members globally, AFS is the world’s oldest and largest organization dedicated to strengthening the fisheries profession, advancing fisheries science, and conserving fisheries resources. Beginning in January 2018, Wiley will assume publishing responsibility for AFS’s highly esteemed journals, including its flagship title Transactions of the American Fisheries Society, the leading journals North American Journal of Fisheries Management, North American Journal of Aquaculture, Journal of Aquatic Animal Health, and its premier Open Access publication, Marine and Coastal Fisheries. Wiley will also publish the Society’s renowned magazine, Fisheries. Click Read More below for additional detail.
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Valmet to supply a grade conversion rebuild for Sappi Lanaken Mill in Belgium

Valmet will supply a vast grade conversion rebuild with a wide scope of automation for Sappi Lanaken Mill in Belgium. In the project, the mill's paper machine 8 (PM8) currently producing lightweight coated (LWC) paper grades will be rebuilt to also produce lightweight and high-quality woodfree coated paper grades, which the mill will gradually start producing. The start-up of the rebuilt machine is scheduled for 2019. The project is an EPC delivery (engineering, procurement and construction) with an extensive site operation scope. The order was included in Valmet's third quarter of 2017 orders received. The value of the order will not be disclosed. The value of an order of this type is typically around EUR 60-80 million. Click Read More below for additional detail.
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Verso Corporation Announces Price Increase on Coated Web Products

Effective with all new and existing orders with confirmed delivery dates of November 1, 2017 or later, Verso Corporation is increasing the transaction price of all Coated Freesheet Web and Coated Groundwood Web grades by $2.00/cwt USD/$2.70/cwt CAD. This announcement includes, but, is not limited to: Coated Freesheet Web: ArborWeb Plus® web; Sterling® Ultra web; Sterling® Ultra TrueJet® web; Sterling® Ultra caliper web; TrueJet® Book web; Publishers Matte®; Publishers ThinBulk®; ArborWeb®; Influence® web; Focus® web. Coated Groundwood Web: Liberty® web; Balance® web; New Era® Matte; New Era® ThinBulk. The increase applies to all basis weights, bulks, finishes and related private label grades.
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SGIA and NAPCO Media Enter Partnership

The Specialty Graphic Imaging Association (SGIA) Board of Directors has announced that SGIA, the home to professionals in the industrial, graphic, garment, textile, electronics, packaging and commercial printing communities, and NAPCO Media, a business-to-business media company, have entered a partnership that will offer print service providers and industry suppliers an unrivalled platform to connect. The platform — PRINT United, the next evolution of printing expositions in North America — combines the largest printing trade show in North America with the leading producer of multi-channel content for the print community. Over the last 20 years, the print and graphics industry has seen unprecedented changes and consolidation. According to the U.S. Department of Commerce, printing establishments in the United States decreased from 35,016 in 2000 to 24,096 in 2015, a decline of 31.2 percent. At the same time, however, print shops have expanded their range of services. The Idealliance 2016 State of the Industry Report notes that in 2000 86.8 percent of print shop revenue came from lithographic (offset) print technology. By 2016, that number had dropped to 42.3 percent as print shop owners looked to new technologies — digital, inkjet, packaging, mailing, industrial — to increase their revenue and profit. Click Read More below for additional detail.
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Mitsubishi HiTec Paper to increase prices for thermal and carbonless papers.

Mitsubishi HiTec Paper will be increasing prices for the whole THERMOSCRIPT thermal paper range as well as the GIROFORM carbonless paper range on January 1, 2018. The level of increase will vary depending on region and application. This is due to the further increased raw material and logistics costs, as the company says in the press release received by Lesprom Network. Mitsubishi HiTec Paper Europe GmbH is a German subsidiary of Mitsubishi Paper Mills Ltd., Japan, one of the world's leading manufacturers of specialty paper.
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Oil Trades Near $50 Before U.S. Data as Saudis Curb Exports

Futures rose 0.8 percent after advancing 0.6 percent on Monday, rebounding from a weekly loss. Crude stockpiles probably slid by 750,000 barrels last week, a Bloomberg survey showed before an Energy Information Administration report due Thursday. Oil last week fell the most since May on speculation rising global output may offset supply curbs led by members of the Organization of Petroleum Exporting Countries. The output-cuts deal is set to expire at the end of March and the group is likely to discuss an extension at its next meeting on Nov. 30. Its de facto leader, Saudi Arabia, said state oil company Saudi Aramco will ship 560,000 barrels a day less than customers are requesting in November. Saudi Aramco plans to supply 7.15 million barrels a day “despite very strong demand” that exceeds 7.7 million barrels a day, the Saudi Energy Ministry said in a statement. Click Read More below for more of the story.
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Glatfelter Announces a New Line of Opaque Uncoated Printing Papers

Glatfelter announced the introduction of Adena Opaque 96, a new brighter and whiter shade of paper, providing an additional cost-effective option to its growing line of opaque papers, further enhancing the ability for customers to bundle products and streamline their supply chain. Adena Opaque 96 is manufactured at Glatfelter’s Specialty Papers facilities in Chillicothe, OH and Spring Grove, PA, whose central locations enable Glatfelter to offer service that supports small orders and quick turn requests. “Glatfelter offers one of the broadest uncoated paper portfolios and has been the industry’s trusted source for book publishing and uncoated printing papers for more than 150 years. With the introduction of Adena Opaque 96, customers will have the ability to bundle nearly a dozen different product lines such as: tags, ledgers, index, inkjet, security papers, carbonless, laser MOCR and form bond, just to name a few,” said David Dickerhoof, Vice President of Sales & Marketing for Glatfelter’s Specialty Papers Business Unit. “One call to Glatfelter avoids the cost and inconvenience of coordinating multiple suppliers and eliminates freight inefficiencies, saving customers time and money.”
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Klabin supports sustainable practices through issue of green bonds abroad

Sustainability is in Klabin's DNA, and to sustain its investments in these practices, the company recently (September 2017) raised funds in the international market through its first issue of green bonds amounting to around R$ 1.6 billion, maturing in 10 years. The company, which pioneered the adoption of sustainable practices, is a benchmark in sustainable development and its issue received the "High Standard" rating from consulting firm Sustainalytics. The offering drew significant investor interest, with demand exceeding the offer of green bonds sevenfold. Sustainability governance at Klabin is strongly structured and functions on four key pillars: Sustainability Committee; Sustainability Commission; Sustainability and Communication Department; and a working group on impacts of climate change, all with the mission to raise the level of transparency across the company and structure its actions. Click Read More below for additional detail.
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Classic Graphics Expands Operation With New KBA Rapida 164 Hybrid UV Press

When you’re in the retail signage and point-of-sale promotion business, size, consistency, quality, and localized message matter. No matter where you live, whether you’re walking down the main boulevard in Miami or visiting a mall in any city, retailers demand eye-catching graphics to lure business into their stores. That’s the task of Classic Graphics, a leading printing, finishing, and fulfillment firm based in North Carolina and part of the Imagine! family of companies. Classic has been growing its business exponentially over the past decade and gaining a sterling reputation for its innovation and technical astuteness for its customer base of top national and international brands. But this Charlotte-based business is not content with its current status quo. Rather, the firm is increasing its footprint in the region and investing in its first large-format printing press to expand its capabilities and its reach among its customer base. Its Charlotte facility, set in a low-rise building amid an industrial park, will take delivery of a new KBA Rapida 164 64-inch hybrid UV press in December 2017. It will complement their fulfillment and production department which will move this fall to a newly-constructed facility in the Concord Airport Business Park. Classic also operates a second facility in Research Triangle Park (Morrisville, NC). In all, Classic’s business encompasses 385,000 sq ft of space and 350 employees. Click Read More below for additional detail.
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Norske Skog: Update on the consent solicitation process

Norske Skog is in the process of finalizing the documentation for a revised consent solicitation proposal to the group's bondholders and shareholders. The revised consent solicitation proposal will be made public within 1700 CET, Tuesday 10 October 2017. It is very important to emphasize to our customers, suppliers, employees and other stakeholders of the Norske Skog group that the production at our seven paper mills and the other operating business of the group's subsidiaries will continue as normal irrespective of the outcome of the recapitalization process.
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France and PEFC: Strong commitment to advance certification

“I would first like to thank Stéphane Marchesi, who, after 16 years of leading PEFC France, has decided it is time to move on,” said Ben Gunneberg, CEO of PEFC International, following two days in Paris. “In these last few days I have met with senators, civil society organizations, numerous companies and the general public, and it has been fantastic to see the level of support of PEFC in France: a legacy of Stéphane’s commitment to PEFC over the last almost two decades.” Mr. Gunneberg was joined by Peter Latham, Chairman of the PEFC International Board, in Paris in late September for a special two-day program as PEFC France launched their new model. Click Read More below for more of the story.
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Forest Stewardship Council General Assembly Tackles Global Challenges

"We are seeing companies step up to help protect forests, even as we all use forest products every day," said Corey Brinkema, president of the Forest Stewardship Council US. "This momentum comes not a moment too soon, as climate change puts the need for forest conservation front and center," he added. According to the Intergovernmental Panel on Climate Change, all transportation accounts for 14 percent of global carbon emissions, while experts estimate deforestation and forest degradation to contribute up to 15 percent. Healthy forests currently offer the best way to pull carbon out of the atmosphere. Recent research in the US Pacific Northwest finds FSC-certified forest management stores at least 45 percent more carbon than standard forestry. Click Read More below for more of the story.
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NYCC 2017: As Graphic Novels Grow In Trade, Comics Shops Struggle

Sales of graphic novels continue to grow—with kids and YA graphic novels the fastest growing segment—but the entire marketplace for comics is being "disrupted" and transformed by an influx of new readers and consumers looking for new kinds of comics content as well as new retail options. This was the main takeaway from Milton Griepp, who presented his annual white paper on the comics during the first day of New York Comic Con, held October 5-8 at Javits Center. Griepp, CEO of ICv2, a pop culture trade news site, presented his annual overview of comics and graphic sales and trends at the NYCC Insider Sessions. His presentation was also echoed by NPD BookScan executive director of business development Kristen McLean's presentation "A Tale of Two Cities." In her talk, McLean described the comics/graphic novel marketplace as being divided between a flat and struggling comics shop market and a “strong bookstore” channel. Click Read More below for more of the story.
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UPM Paper ENA introduces a game-changing paper innovation at World Publishing Expo

UPM is proud to introduce a unique paper innovation at the exhibition: UPM Impresse plus C. This pioneering SC paper is custom-developed for coldset web offset printing, offering a smooth, silky finish, solid images and a soft velvety touch. For coldset printers the paper offers an excellent opportunity to grow their core business by adding higher quality commercial titles, inserts, special-interest supplements and value-added advertising to their portfolios. The use of value-added papers in coldset printing improves print quality, meets the varied needs of advertisers and thus increases press utilisation in commercial printing. Click Read More below for additional detail.
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UPS And The International Brotherhood Of Teamsters Begin Contract Negotiations

UPS confirmed contract talks with the International Brotherhood of Teamsters have begun on new collective bargaining agreements. The current five-year contract continues through July 31, 2018. “UPS and the union have many shared objectives and our intent is to negotiate in an environment of mutual respect,” said Al Gudim, UPS Labor Relations President. “We believe all parties recognize that taking care of our customers with reliable service is the key to maintaining a company that rewards our employees and provides excellent job security. We are in a rapidly changing industry and look forward to working together with union negotiators to strongly position UPS for the future.” Click Read More below for more of the story.
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Verso Corporation Announces Board Chairman Succession Plan

Verso Corporation announced that Robert M. Amen, chairman of the company's board of directors, has decided not to stand for reelection at the company's 2018 annual meeting of stockholders and, in connection with his decision, has resigned as chairman of the board effective October 6, 2017. In connection with Amen's resignation as chairman, the Verso board has selected Eugene I. Davis, chair of the Strategic Advisory Committee and chair of the Finance and Planning Committee of the board, and Alan J. Carr, chair of the Compensation Committee of the board, as interim co-chairmen of the board. In a joint statement, Davis and Carr said, "On behalf of the entire board, we want to express our gratitude to Rob for his service to Verso. With grace, wisdom and dedication, Rob led by example as chairman of the board. We are pleased that he intends to remain on the board until the end of his term as a director, and we wish him the best in all of his future endeavors."
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Sappi North America Price Increase

Sappi North America announces a transactional price increase of $2.00/cwt USD/($2.70/cwt CAD) on new and unconfirmed orders that book with confirmed delivery dates on or after Wednesday, November 1, 2017 on the following products: McCoy Web, Opus Web, Somerset Web, Flo Web, Galerie Web . Standard differentials and upcharges apply. The price increase includes all basis weights and finishes and all private label programs.
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Why paper catalogs still matter

The pages of the 1942 Sears Christmas catalog held much that might seem quaintly old-fashioned today. The department store retailer’s easy payment plan, which could be laid out in a simple grid, has been replaced by sophisticated retail credit cards that offer various rewards and complex terms. The wooden toy tanks and metal fire trucks featured as Christmas toys are far more likely to be made of plastic and make electronic noise today. With World War II raging in Europe and the Pacific, the catalog advertised war bonds and products that could be sent to soldiers and even devoted pages to imploring readers to save spare nails for the federal government. The mere existence of a printed Sears catalog would be just as alien to today’s consumers. The retailer axed the paper catalog in the 1990s and Sears is hardly alone. But the printed catalog isn’t gone. In fact by some measures, in some sectors of retail, it’s thriving. Retailers still mail billions of catalogs every year, and tens of millions of consumers still make purchases based, at least in part, on images and copy printed in catalogs that find their way to mailboxes. Click Read More below for more of the story.
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U.S. Postal Service Announces New Prices for 2018

The United States Postal Service filed notice with the Postal Regulatory Commission (PRC) of price changes to take effect Jan. 21, 2018. The new prices, if approved, include a one cent increase in the price of a First-Class Mail Forever stamp from 49 cents to 50 cents. Postcard stamps and metered letters would also have a one cent increase. Today’s filing does not include any price change for single-piece letters being mailed to international destinations or for additional ounces for letters. The proposed prices would raise Mailing Services product prices approximately 1.9 percent, and most Shipping Services products will average a 3.9 percent price increase. While Mailing Services price increases are limited based on the Consumer Price Index (CPI), Shipping Services prices are adjusted strategically, according to market conditions and the need to maintain affordable services for customers. Click Read More below for additional detail.
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Glamour magazine (UK) switches focus to digital with end of monthly print run

Glamour magazine is to stop publishing a monthly print edition as it turns its focus to digital and becoming the “ultimate online beauty destination” for the UK, owners Conde Nast announced today. The popular women’s fashion magazine will now only appear in print twice a year. Conde Nast said these collectible, glossy issues would be the “ultimate beauty bible and style guide for the coming season”. The move to a “mobile-first, social-first strategy” is said to be a response to “the way in which the Glamour reader is living their life today, ensuring continued success across multiple platforms”. Click Read More below for more of the story.
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Innovative ‘prismatic’ effect for carton packaging attracts attention and engages consumers

Jaholo, a special micro-embossing printing technology jointly developed by Janoschka and Amcor, produces prismatic and pattern movement effects which catch the eye. “Our customers want packaging that generates visual attention and engagement for their brands,” said Ilya Syshchikov, Vice President of Innovation and Strategy for Amcor’s folding carton business. “Jaholo creates a dynamic appearance, engaging consumers and enhancing their interaction with products.” By combining Janoschka’s integrated pre-press expertise with Amcor’s global printing and converting capabilities, the companies have industrialised Jaholo technology. Click Read More below for additional detail.
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Oil prices stable after OPEC signals possible further action

Oil prices stabilized on Monday after one of the most bearish weeks in months, propped up by OPEC comments signaling the group and other producers may take further action to restore market balance in the long term. Oil production platforms in the Gulf of Mexico started returning to service after Hurricane Nate had forced the shutdown of more than 90 percent of crude output in the area. The prospective restarts kept price gains in check. “Oil is having trouble to find direction. Mixed signals keep investors busy changing their minds,” said Hans van Cleef, senior energy economist at ABN Amro. Click Read More below for more of the story.
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Mohawk Expands Wide Format Inkjet Portfolio Several New Products to be Introduced at 2017 SGIA Expo in New Orleans

Mohawk, North America’s largest privately-owned manufacturer of fine papers, envelopes and specialty substrates for commercial and digital printing, announces the continued expansion of its wide format inkjet portfolio designed to meet the needs of the growing display graphics market. New products in Mohawk’s Wide Format Inkjet portfolio include Fine Paper for art reproduction, metallic-faced adhesives, economy canvas, and a non-skid product for floor display graphics. New items are designed to support a wide variety of printing applications. Click Read More below for additional detail.
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Print Units Through September Up 2%

Despite the lack of a hot new title in the first nine months of 2017, print unit sales for the period were 2% higher than in the comparable timeframe in 2016. According to NPD BookScan, print units were 467.7 million in the January–September period, up from 460.6 million the previous year. While it is certainly possible that some fall books will ring up big numbers, the small sales gain to date has been driven by backlist titles. Only three of the year’s top 10 bestsellers to date were released in this calendar year. John Grisham’s Camino Island was the top new book, selling more than 528,000 print copies since its release in June to land at #5 on the year-to-date bestseller list. The other new titles on the top 10 list are Ruth Ware’s The Woman in Cabin 10 (#7) and Lilac Girls by Martha Hall Kelly (#10). The bestselling title so far this year is Milk and Honey by Rupi Kaur. Released in October 2015, the book has sold more than 706,000 copies in 2017, easily outdistancing the second-place book, Oh, the Places You’ll Go by Dr. Seuss. Click Read More below for more of the story.
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WestRock Receives Top Design of the Times Award for Disney Rogue One Display

The Design of the Times competition celebrates in-store displays and digital activations, and recognizes their role in any successful shopper marketing initiative. The competition is sponsored by the Path to Purchase Institute, a global member community that champions shopper-centric thinking and practice that help define the ongoing evolution of consumer marketing and the overall shopping experience. “At WestRock, we know that packaging and merchandising play an important role in the shopper’s path to purchase,” said Pete Durette, president of Enterprise Solutions & Strategy for WestRock. “We’re proud of the recognition these awards represent. They are a testament to our commitment to combining our unparalleled industry insights with design and innovation capabilities to create solutions that drive real value for our customers.” Click Read More below for additional detail.
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HarperCollins Launching a New Business Imprint

HarperCollins Leadership (HCL), a new imprint launching at HarperCollins next week, is focusing on “content designed for individuals looking for inspiration, insight, and tools to help activate their inherent leadership potential,” according to the publisher. Brian Hampton, who is also publisher and senior v-p of HarperCollins Christian Publishing’s Nelson Books division, will lead the new imprint. Jeff James will serve as v-p of marketing for HCL. The first book to be published under HCL will be Building a StoryBrand: Clarify Your Message So Customers Will Listen by Donald Miller, author of the bestselling 2003 memoir Blue Like Jazz (Thomas Nelson) and founder-CEO of the StoryBrand marketing services firm. The book goes on sale October 10. Click Read More below for more of the story.
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Midland Paper Attends thINK 2017 for 3rd Year

Next week, Midland Paper, Packaging + Supplies, one of North America's largest independent distributors of media for business communications, will be participating for a third year in a row as a Gold Sponsor in the thINK 2017 Customer Conference. This exclusive industry event will take place in Boca Raton, FL from October 9 - 11. thINK 2017 is one of the largest invitation-only, hosted summits designed for senior managers and business executives who want to understand how Canon Solutions America’s production inkjet printing technology, software and solutions will help them grow their business now and in the future. The event is sold out with over 500 Canon Solutions America customers, industry leaders and solution partners coming together as a powerful community designed to connect, collaborate and inspire. “We are honored and excited to once again participate as a founding partner of this incredibly important independent user group and industry event. Our goal at Midland is to help Canon customers across the country address their most challenging inkjet media needs with new products and solid solutions”, said David Field, Midland’s Senior Business Manager, Inkjet Technologies. Click Read More below for additional detail.
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Appleton Coated sale ‘like a death in the family,’ worker says after Thursday ruling

Appleton Coated sale 'like a death in the family,' worker says after Thursday ruling Industrial Assets Corp., a used machine dealer and liquidator based in Los Angeles, will be the new owner of the Appleton Coated paper mill as of Friday. The $20 million sale, plus a $1.5 million backstop fund, was approved by Outagamie County Judge Gregory Gill in a hearing on Thursday morning. It included $2.25 million to cover employee health insurance through October and wages for about 100 employees to be recalled for a few weeks to keep the mill at "hot idle" status. That number will then be reduced to 30 employees. The new modified agreement includes the stipulation that Industrial Assets will market the mill for 90 days to see if a new buyer can be found who will restart and operate the mill as a going concern. According to the modified purchase agreement, Industrial Assets met with Appleton Coated management and “determined that the management’s projections for profitable short-term operations were not achievable.” Click Read More below for more of the story.
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Norske Skog: Clarification on the consent solicitation process

After the release of the stock exchange notice of today at 17:21, the company has been informed that the board of Norske Skog AS has decided to support an extension of the consent solicitation deadline for the board's recapitalization proposal. However, due to practical matters, it was not possible to make the Norske Skog AS resolution within the deadline at 17:00 CET, and consequently, the offer period has expired. The discussions with the key stakeholder groups will continue in order to achieve a consensual recapitalization solution for the Norske Skog group during the next days even though the offer period has expired. If these discussions are successful, an updated recapitalization proposal will be launched.
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Bertelsmann Completes Its Share Increase at Penguin Random House to 75 Percent

The international media, services and education company Bertelsmann now owns a strategic three-quarters majority of Penguin Random House. The two shareholders of the world's biggest trade publishing group – Bertelsmann, and the British global education company Pearson – agreed on a new ownership structure in July: Now that the transaction has closed, Bertelsmann holds 75 percent of the book group; Pearson 25 percent. Penguin Random House’s enterprise value was set at $3.55 billion for the purposes of the share increase. Thomas Rabe, Chairman and CEO of Bertelsmann, said: "Bertelsmann has the widest range of creative products of any company worldwide – and the book business has served as a core part of our identity for more than 180 years. Accordingly, today marks a strategic milestone for us in several respects. First, the three-quarters majority in Penguin Random House will increase the profit share of Bertelsmann's shareholders by more than 60 million euros. Second, we now have the ideal prerequisites for developing Penguin Random House – already number one in the book world – with a view to the long term and in continuity. And third, we now own strategic majorities in all of Bertelsmann's corporate divisions: 75 percent of RTL Group and Penguin Random House; 100 percent of all other divisions.” Click Read More below for additional detail.
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Crude oil prices fall as Tropical Storm Nate strengthens

Oil prices were mixed Friday as investors waited to see the potential impact of Tropical Storm Nate on U.S. Gulf Coast oil infrastructure. “As we come into the weekend, the market is focusing on the implications of Tropical Storm Nate and how big any disruptions will be” on crude production and refining capacity, said Richard Mallinson, an analyst at consultancy Energy Aspects. As with Hurricane Harvey in August, the “tendency is for the focus to be more on refinery shutdowns, which is probably more positive for product prices and probably a little bearish for crude prices,” Mr. Mallinson said. Click Read More below for more of the story.
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Costco Wholesale Corporation Reports Fourth Quarter and Fiscal Year 2017 Operating Results and September Sales Results

Net sales for the 17-week fourth quarter were $41.36 billion, an increase of 15.8 percent from $35.73 billion in the 16-week fourth quarter of fiscal 2016. Net sales for the 53-week fiscal year were $126.17 billion, an increase of 8.7 percent from $116.07 billion in the 52-week fiscal year of 2016. The Company today also reported net sales of $12.40 billion for the month of September, the five weeks ended October 1, 2017, an increase of 12.1 percent from $11.06 billion during the similar period last year. Click Read More below for additional detail.
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Vera Magazine Virgin Atlantic

The coolest British brand in the skies? Virgin Atlantic. But don’t take our word for it – the airline is regularly voted the best British travel brand in CoolBrand’s annual report. Which is why it made perfect sense for Virgin Atlantic to pair up with Ink to reimagine its inflight magazine, Vera, and manage their ambient advertising on the ground and in the air. If you’re lucky enough to be travelling onboard a Virgin Atlantic flight to the US, Caribbean, Africa, Middle East or Asia this month, you’ll get a chance to flick through the gorgeous, new-look Vera. The new magazine is packed with stories cleverly relating to Virgin Atlantic’s award-winning onboard entertainment and dazzling destinations. For the relaunch, we bagged an exclusive interview and cover shoot with English rose turned Hollywood golden girl Annabelle Wallis. Readers can watch her go toe-to-toe with Tom Cruise in The Mummy, and then read about how she deals with her high-profile relationship with rock star Chris Martin, saving us all in an Apocalypse (probably), and life lessons she learned from Madonna. And during the shoot we got to see those life lessons IRL. If you’ve seen Annabelle star in Peaky Blinders you’ll already have heard her sultry singing voice, but at London’s Claridge’s she gave us an impromptu performance of her favourite Madonna hits. We won’t forget her Like a Virgin in a hurry. Click Read More below for more of the story.
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PEFC Stakeholder Dialogue exploring SMART solutions in forest certification: Chain of Custody in the spotlight

Log tracking, dynamic data transfer, blockchain… what are the ‘must have’ technologies that can help us to strengthen trust and traceability throughout supply chains? What technologies are showing promise for transferring complex information in a useable and credible form? How can technology help certification to deliver more value to companies and customers? Where are technologies showing promise to supporting auditors to verify compliance? Technology compliments nearly all aspects of Chain of Custody management. New and emerging hardware, software, services and tools are enhancing the robustness of certification and accelerating the flow of information through supply chains. In this session, we will feature some of the latest and greatest technological developments from certified forestry supply chains. Together, we hope to inspire and re-imagine how the information flow and product assurances of certified products can continue to evolve in the future. Click Read More below for additional detail.
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Stein Mart announces it will not open stores on Thanksgiving Day

After being open on Thanksgiving Day for the past three years, Stein Mart is opting to close its doors on Thanksgiving to give employees time to spend with family and friends. Last year, the Stein Mart Black Friday sale started in stores at 5 PM on Thanksgiving Day and ran through 11 PM that night. Then doors were reopened at 7 AM on Black Friday. "For 2017 we have chosen to return to our Stein Mart family tradition of not opening our stores on Thanksgiving Day. We are very pleased to give back this important time to our associates," said Hunt Hawkins, chief executive officer. "For customers who would like to shop at Stein Mart on Thanksgiving Day, they can enjoy a great shopping experience at SteinMart.com."
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International Paper to halt newsprint production in Madrid

International Paper (IP) intends to stop newsprint production at the Madrid mill in Spain in mid-September, according to Euwid. The sites PM62 will be converted to production of containerboard slated to start in the fourth quarter of this year, as planned. The company is targeting a full ramp-up of the machine for early 2018. IP acquired the Madrid mill from Holmen in mid-2016 with the aim to make it a mill for recycled corrugated case material. PM 62 has the capacity to produce 330,000 tpy of newsprint.
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New Zealand Forest Management Companies go the extra mile in world first initiative for transparency

In an effort for transparency, FSC certified Forest Managers have created a high-resolution map showing the location and borders of the forests they harvest. This is timely in a context of a broader discussion to develop spatial data, at FSC but also in the forestry sector in general. The map has come a long way. It was created according to a request from different environmental organisations, community associations, individuals and companies. As per the FSC Principles and Criteria, any stakeholder must be able to contact Forest Management companies to share any supported concerns if they think companies are not managing the land in a responsible way. Forest Managers came together to discuss the matter and agreed to provide relevant data on a voluntary base in order to create the map. Although not all companies have shared their data, we hope they will be encouraged to follow the same path. Click Read More below for additional detail.
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Quad/Graphics Awarded Exclusive Agreement to Print 100% of Condé Nast Magazine Titles

Quad/Graphics, Inc. announced that it has extended and expanded its relationship with publisher Condé Nast under a multi-year agreement. Beginning in January 2019, Quad will produce 100% of Condé Nast’s titles, which include many of America’s most prestigious magazines. Quad currently prints Allure, Architectural Digest, Domino (a Condé Nast partnership with Domino Media Group), Golf Digest, GQ, GQ Style, Teen Vogue, Vogue, W Magazine and Wired. Under the new agreement, Quad also will produce Bon Appétit, Brides, Condé Nast Traveler, Glamour, The New Yorker and Vanity Fair. Condé Nast will take advantage of Quad/Graphics’ extensive mailing and distribution services, including its industry-leading co-mailing solutions that help publishers and marketers reduce postage expenses. Click Read More below for additional detail.
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L Brands Reports September 2017 Sales

L Brands, Inc. reported net sales of $981.6 million for the five weeks ended Sept. 30, 2017, an increase of 1 percent, compared to net sales of $971.4 million for the five weeks ended Oct. 1, 2016. Comparable sales decreased 2 percent for the five weeks ended Sept. 30, 2017. For September, the exit of the swim and apparel categories had a negative impact of about 2 percentage points and 3 percentage points to total company and Victoria’s Secret comparable sales, respectively. The September hurricanes had about a 1 point negative impact to September total sales. Click Read More below for additional detail.
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Recent SEC Breach Amplifies Need for Paper Options

The American Forest & Paper Association (AF&PA) President and CEO Donna Harman issued the following statement regarding the Securities and Exchange Commission’s (SEC) Proposed Rule 30e-3 in light of the agency’s recent hacking announcement. The rule would eliminate the current default requirement for financial companies to transmit information to their investors in paper form. “Government agencies have a responsibility to protect citizen’s right to choose how to receive information and services, particularly when it involves a person’s finances. The SEC’s own survey confirmed that the majority of investors prefer to receive financial information in printed form. Investors must be able to receive important financial documents easily and securely. Paper provides the broadest access to all investors, and therefore, should continue to be the default method of delivery.”
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Oil Trades Near $50 as U.S. Exports Soar, Putin Comments on Cuts

Futures added 0.4 percent after settling at a two-week low on Wednesday. Overseas shipments from the U.S. jumped to a record last week as production rose, government data showed. In Russia, President Vladimir Putin said he’s open to prolonging a deal with OPEC to curb supplies, though a decision won’t be made until the current agreement nears expiry in March. Saudi King Salman bin Abdulaziz began a four-day visit to the nation on Wednesday. “U.S. production is almost at a record-high level, and exports are record-high,” said Michael Poulsen, an analyst at Global Risk Management Ltd. “As this U.S. production is a fundamental part of the oil market, such news weighs heavily.” Lower demand from U.S. Gulf Coast refiners that are still recovering from Hurricane Harvey in August has caused crude sellers to seek markets abroad, triggering shipments of 1.98 million barrels a day, the highest level in weekly government data compiled since 1993. The figure was about a third higher than the previous record, set the prior week. Click Read More below for additional detail.
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Penguin Random House Buys Sasquatch Books

Seattle-based Sasquatch Books has been acquired by Penguin Random House for an undisclosed price. The publisher, which has a backlist of approximately 250 titles and publishes in a range of areas, was one of PW’s fast-growing independent publishers of 2016. Sasquatch has been a distribution client of Penguin Random House Publisher Services for five years. In a move to maintain the company’s editorial independence, rather than make the company part of one of PRH's publishing divisions, PRHPS president Jeff Abraham will oversee Sasquatch. Commenting on the purchase, Abraham said that when he learned Sasquatch was looking for a buyer, the prospect of acquiring the company was "enormously appealing to both sides.” Click Read More below for more of the story.
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Gannett Closes Majority Investment in Grateful Ventures

Gannett Co., Inc. has closed a majority investment in Grateful Ventures, LLC (“Grateful”), an online media and publishing company which focuses on building lifestyle content and monetization strategies for high-influence food and cooking websites and bloggers. This investment will expand and diversify USA TODAY NETWORK’s portfolio and audience, and significantly increase the number of Gannett’s owned and operated digital sites. As a part of USA TODAY NETWORK, Grateful will launch in 2018 into several new personality-driven lifestyle categories with long-tail content, videos, live interactions, event integrations and passion topics to create deep, meaningful connections with readers across multiple platforms. These new initiatives with Grateful will increase USA TODAY NETWORK’s advertising offerings through influencer marketing, branded content and events sponsorships with consumers who are deeply engaged. Click Read More below for additional detail.
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Electric power for all: Heidelberg offers high-performance Wallbox for electric cars

Electric mobility is gaining ground worldwide, and its importance will continue to grow at a fast pace in the coming years. One of the biggest challenges in this is the rapid expansion of the charging infrastructure: today in Germany, for example, there are just 25,000 public charging points (source: statista.de, May 2017). However, around five times as many would be needed for the planned number of one million electric cars by the year 2020. It is therefore clear that there is a huge need for an extensive network of publicly available and private charging stations with the appropriate charging capacity. “We’re confident that we’re at a turning point when it comes to electric mobility,” says Rainer Hundsdörfer, CEO of Heidelberg. “Electric cars are becoming a real option for more and more drivers. We want to take advantage of this trend, and put our expertise to work to benefit from this growth market.” Click Read More below for additional detail.
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Koenig & Bauer Receives Contract For New MetalStar 3 Press Line

A packaging solutions supplier for large manufacturers has purchased a new four-color MetalStar 3 press from KBA-MetalPrint. The new MetalStar 3 four-color press line will include KBA UV curing, fully automatic plate change (FAPC), KBA CleanTronic Synchro for simultaneous washing of the blanket and impression cylinder, simultaneous roller wash (SRW), automatic camera register control (ACRC), sheet management system, inline Metalcoat 470 coater, and a double box stacker. The press will be installed in the first quarter of 2018. Commenting on the order, Sam Pernice Director of Sales & Service for KBA-MetalPrint in the USA said: “This particular customer is successful for a variety of reasons, not the least of which is their meticulous and professional approach when choosing their business partners. Their selection of the MetalStar 3 press is the culmination of very careful planning and due diligence. While we realize that there are other vendors from which to choose, we are honored that they have chosen to place their confidence and trust in our hands.” Pernice continued, “Coming on the heels of another order we received from them last year, we are especially gratified to receive this repeat business.” Click Read More below for additional detail.
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MBE Acquires Printing Franchisor AlphaGraphics to Gain Stronger U.S. Presence

Salt Lake City-based AlphaGraphics has been acquired by MBE Worldwide (Mail Boxes Etc.), a global, third‐party logistics, printing and communications services franchise network based in Milan, Italy. The purchase of AlphaGraphics, from private equity firm Western Capital Resources, comes on the heels of MBE's acquisition this past April of the U.S.-based PostNet franchise system (which I wrote about here at the time). With the AlphaGraphics acquisition, MBE Worldwide now has approximately 2,600 locations in 39 countries and projected system-wide sales of $940 million in 2017. All three companies currently operate in the business services industry through a network of locations owned and operated by individual franchisees. Click Read More below for additional detail.
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Royal Mail workers set to strike

In a landmark vote, the first major one to take place since the Trade Union Act came into force in March – requiring more than 50% of eligible union members to vote in a ballot – 73.7% of the Communication Workers Union’s (CWU) 110,000 Royal Mail workers turned out to vote, with 89% (72,872) backing a walkout and 8,954 voting against. In a CWU press conference yesterday (3 October) in Manchester, general secretary Dave Ward said the result was demonstrative that Royal Mail’s leadership, board and senior management are “completely out of touch with the workforce”. “We say to Royal Mail these negotiations that subsequently led us to this point of balloting have been going on for 18 months and unless you shift your position sufficiently and very quickly then industrial action is inevitable. Click Read More below for more of the story.
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Office Depot Takes First Step in Strategic Transformation to Become Business Services Platform with Acquisition of CompuCom

Office Depot, Inc. announced it is pivoting the company from a traditional office products retailer to a broader business services and technology products platform. As the first step in this new strategic direction, the company has entered into a definitive agreement to acquire CompuCom Systems, Inc. ("CompuCom"), a market-leading provider of award-winning IT services, products and solutions that enable the digital workplace for enterprise, small and midsize businesses. The company also provided a preliminary estimate of third-quarter financial results and a lowered outlook for Office Depot's stand-alone business for 2017. "Technology is the office supply of the future," said Gerry Smith, chief executive officer of Office Depot. "Today marks a significant milestone as we move to provide a unique business services platform for our current and future customers. Acquiring CompuCom is the first step in this new strategic direction. The combination of CompuCom's enterprise IT services with our millions of customers and approximately 1,400 distribution points gives us the credibility and scale to build a sustainable platform and stand apart from the competition. The company will create value for shareholders from a diversified revenue base with a clear opportunity to grow higher value services and business-to-business revenues." Click Read More below for additional detail.
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Clearwater Paper Provides an Update of Impacts to Third Quarter Results

Clearwater Paper Corporation provided an update on certain factors that are expected to negatively impact operating results for the third quarter of 2017 by approximately $8 to $9 million, based on preliminary results. The company is currently in the process of completing its financial closing procedures for the third quarter of 2017 and will report final results for the quarter on October 19, 2017. Several factors are expected to negatively impact the company's prior outlook for the third quarter. The planned major maintenance outage at the Lewiston, Idaho, mill is expected to cost an incremental $3 to $4 million as a result of higher than expected repair costs and lost production due to a three-day delay in the startup of the paper machines. However, the delay did not impact the new continuous pulp digester, which commenced start-up as scheduled at the end of the third quarter. Inclement weather caused by hurricanes in the Southeast delayed shipments to customers and contributed to higher transportation expenses and reduced revenues with a net impact totaling approximately $2 million. The expected relief in rising pulp prices in the latter half of the quarter did not materialize contributing to approximately $2 million of incremental expenses. Also, lower than expected case shipments of consumer products and lower converted paperboard shipment volumes are expected to negatively impact results by approximately $1 million. Click Read More below for additional detail.
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AF&PA Statement on EPA Final Rule on National Emission Standards for Hazardous Air Pollutants for Kraft Pulp Mills

American Forest & Paper Association (AF&PA) President and CEO Donna Harman issued the following statement regarding the final rule on National Emission Standards for Hazardous Air Pollutants for Kraft pulp mills, issued under the Environmental Protection Agency’s (EPA) Residual Risk and Technology Review process. “The EPA’s final rule confirming that the 2001 maximum achievable control technology (MACT) protects public health underscores the value of our industries’ investment in and commitment to air quality and sustainability. Pulp mill operations can now move forward with certainty, knowing that investments of more than $1.5 billion in state-of-the-art, emission reduction controls and technologies are effectively reducing emissions.”
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Appvion Receives Court Approval of First Day Motions to Support Ongoing Operations

Appvion, Inc. announced that it has received approval from the United States Bankruptcy Court for the District of Delaware of all of the first day motions related to its Chapter 11 filing. Collectively, the orders issued by the Bankruptcy Court will help ensure that the Company continues operating its business in the ordinary course during its restructuring process. “We remain focused on operating our business as usual and serving our customers’ needs as we continue constructive discussions with our lenders on an expedited restructuring and emergence,” said Kevin Gilligan, Chief Executive Officer of Appvion. “The approval of our first day motions transitions us smoothly into our restructuring process, from which we expect to emerge with a sustainable capital structure, well positioned to compete, and primed to further invest in the innovation that has made Appvion a market leader in coated paper.” Click Read More below for additional detail.
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Avery Dennison Makes Capital Investment in Liquid Crystal Specialty Films Developer Gauzy

Avery Dennison Corporation said it has made an investment in Gauzy, an Israeli-based developer and manufacturer of liquid-crystal-based materials, films, applications and solutions for a variety of end markets including construction, automotive, consumer electronics, home appliances, the solar industry and more. Based in Tel Aviv, Israel, Gauzy has successfully commercialized several initial “smart glass” products, including an embedded switchable window film that can alternate from clear and frosted with the touch of a button. Gauzy is the lead provider that offers a fully warranted, integrated solution that includes window films, hardware controllers for film operation and preservation, and complete certification and training with verification tools for worldwide partners. The film is currently used in architectural applications and is under evaluation for automotive applications. Click Read More below for additional detail.
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Oil Slides Near $50 on Signs U.S. Fuel Stockpiles Increased

Futures lost as much as 1 percent in New York, after falling 2.4 percent in the previous two sessions. Gasoline supplies rose by 4.91 million barrels last week, the American Petroleum Institute was said to report. That will be the biggest gain since January if replicated in government data Wednesday. Libya is gradually resuming output at its biggest oil field, people familiar with the matter said. Nationwide crude stockpiles fell by 4.08 million barrels last week, the API said Tuesday, according to people familiar with the data. Crude stockpiles at Cushing, Oklahoma, climbed by 2.08 million barrels. An Energy Information Administration report Wednesday is forecast to show supplies slid by 500,000 barrels, according to the median estimate in a Bloomberg survey. Click Read More below for more of the story.
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Graphic Packaging Completes Acquisition of Spain-Based Norgraft Packaging, S.A.

Graphic Packaging Holding Company (NYSE: GPK), has announced that one of its wholly owned subsidiaries has acquired Norgraft Packaging, S.A. Norgraft is a leading folding carton producer in Spain focused on the food and household goods markets. Norgraft converts approximately 25,000 tons of paperboard annually and operates two converting plants located in Maliaño and Requejada in Cantabria, Spain. The business generated revenue of approximately $40 million on an LTM basis. "The announced transaction is consistent with our strategy to pursue acquisitions that allow us to grow our folding carton volume in attractive geographies and end-markets, improve our cost position, service our customers with excellence, and increase our mill to converting plant integration levels over time," said President and CEO Michael Doss.
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Holmen receives global sustainability award

Holmen has gained international recognition for its strategic sustainability work, with a focus on the bioeconomy and a sustainable approach to forestry. The Golden Peacock Awards jury made particular reference to Holmen’s absorption of carbon dioxide in its growing forest and the climate benefit from its products. “Being the first Swedish company to receive this global sustainability award is a mark of the quality of our long-term sustainability work. Holmen manages its forest holdings actively and sustainably, with the raw material from the forest forming a key component in society’s drive to meet the challenge of climate change. We are extremely proud to have our strategy recognised in this way,” comments Henrik Sjölund, President and CEO of Holmen. Click Read More below for more of the story.
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All Content Is Not Created Equal

Fake news is nothing new. Merriam-Webster traces the use of the term as far back as the 1890s, and the concept of fabricated stories existed even long before then. With the invention of the printing press, it became significantly easier to spread news and information. But was that news and information true? There were no editors. There were no reporters. There were no fact checkers. It was up to readers to decide what they believed, whether a story told them that the earth was round or that their neighbor was a witch. And as human beings, we are wired to automatically and effortlessly believe what people tell us. Neuroscience shows us that it takes an extra mental step to question a statement. For our brains, it’s cognitively easier to simply accept what we are told and move on. Today, we can create and widely disseminate information more easily than any other time in history. Whether it’s your 12-year-old son’s selfies, the beauty blog your mechanic started, or a new magazine launch from a century-old publisher, it is all considered content. And it all has the potential to reach a massive audience. But not all content is created equal. Consumers and marketers are beginning to fully realize that, along with the dangers associated with unverified facts, intentionally misleading information and unqualified recommendations. Click Read More below for more of the story.
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South Dakota asks the US Supreme Court to hear its case for collecting online sales tax

The state of South Dakota wants the U.S. Supreme Court to get involved in the state’s battle to require larger e-retailers to collect sales tax from state residents and remit them to South Dakota. If the high court accepts the case, its decision could determine whether online retailers can be required to collect sales tax nationwide. The state on Monday petitioned the U.S. Supreme Court to review a decision by the South Dakota Supreme Court in the state’s case against online retailers Wayfair Inc., No. 16 in the Internet Retailer 2017 Top 500; Newegg Inc. (No. 21); and Overstock.com Inc. (No. 30). The South Dakota Supreme Court decision lets stand a lower court ruling preventing the state from enforcing a law that openly challenges the prevailing Supreme Court ruling that absolves retailers from having to collect sales tax in states where they have no physical presence. Click Read More below for additional detail.
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Mondi to showcase professional printing papers at Frankfurt Bookfair

Mondi, the international packaging and paper Group, will exhibit its wide range of professional paper solutions for book printing at the Frankfurt Bookfair held from 11 to 15 October in Frankfurt, Germany. The Mondi booth is located in Hall 4 / Booth F94. As a professional printing paper manufacturer, Mondi offers sustainable paper solutions for all printing technologies and needs. Book printing customers will find more than they expect at the Mondi booth. Johannes Klumpp, Marketing & Sales Director at Mondi Uncoated Fine Paper, explains, “We can offer the right solution for any printing technology – whether digital, hybrid, offset, HP indigo or high-speed inkjet. At the Frankfurt Bookfair, customers can explore the quality of Mondi’s design papers, tinted portfolio and our high-speed inkjet papers.” Click Read More below for additional detail.
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Norske Skog extends consent deadline for the board’s recapitalization proposal

Norske Skog has decided to extend the consent solicitation deadline for the ongoing recapitalization proposal from 3 October until Thursday 5 October at 17:00 CET. Norske Skog will use the period up to the new expiration deadline to speed up the continued discussions with the various stakeholder groups to try to achieve sufficient support for a consensual recapitalization solution for the Norske Skog group. The Board of Directors will continue to follow and evaluate the situation thoroughly during this period. We need some extra time to align initiatives among the various stakeholders. We believe that the extension of the consent deadline will improve the chances of reaching a solution," said Mr. Christen Sveaas, Chairman of Norske Skogindustrier ASA.
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Former Trend Offset CEO Joins Dickinson, Private Equity M&A Firm

Blackford Capital is excited to announce Aaron Day as CEO of Dickinson and its parent company, "Printing Consolidation Company" (PCC). Dickinson is the first company within PCC, specializing in the religious book printing services industry. After acquiring Dickinson in 2015, Blackford Capital realized it would need an industry seasoned CEO to run the company and continue its acquisitions efforts. "With the addition of Aaron Day as CEO of Dickinson and PCC, we are poised to recruit industry leading talent and complete acquisitions in our core Book Printing segment," said Stephen Parker, chairman of Dickinson. "We are pursuing companies with a focus in the book industry and with Aaron's leadership background over the past 25 years, we now have the experience to accelerate our M&A growth strategy," said James Cook, Associate at Blackford Capital. Before joining the company, Day served as CEO of Trend Offset Printing, a commercial printing company, headquartered in Los Alamitos, Calif. After securing Aaron Day as CEO, Blackford Capital hired John Ruther as CFO. Ruther joins after leading The Ruther Group, an international management consulting firm based in Grand Rapids, Michigan. Ruther brings decades of experience leading large manufacturing companies in a financial and operational capacity. Click Read More below for more of the story.
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Publishers, Authors, and Agents Rally for Hurricane Maria Relief

In response to Hurricane Maria, which hit Puerto Rico on September 20, a number of agents, editors, and authors in the children’s book community and beyond have joined together to hold an online talent auction in support of Puerto Ricans affected by the storm. All proceeds for the #PubforPR auction, which runs through October 5, will go to local charity organizations, Unidos por Puerto Rico and ConPRmetidos. The cause began to take shape on September 24, when a group of five authors and publishing professionals—Nova Ren Suma, Patrice Caldwell, Mara Delgado, Carrie DiRisio, and Kara Thomas—learned of the devastation caused by the storm. Thomas, a YA author, told PW, “I had been talking privately with friends about how frustrated we were with the lack of government response to the situation in Puerto Rico.” Thomas later connected with fellow members of the children’s book community, in response to DiRisio’s tweet about starting a charity auction. “So many other writers were replying to the thread, asking if they could help,” she said. “We mobilized via email and came up with a plan for approaching agents, editors, and authors for donations. Once we reached out, the response was enormous.” Click Read More below for more of the story.
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Tetra Pak strengthens ice cream offering with acquisition of Big Drum

Tetra Pak has strengthened its product offering for ice cream manufacturers with the acquisition of Big Drum Engineering GmbH, a leading supplier of filling machines for the industry. The deal further extends the company’s ability to provide end-to-end solutions for food and beverage companies around the world, and reinforces its global leadership in the sector. Tetra Pak already provides a full range of ice cream equipment, including raw material storage, mix preparation, continuous freezing and inclusion systems, as well as production solutions for moulded and extruded ice cream products. The acquisition of Big Drum will strengthen the company’s presence in the “filled” ice cream segment (e.g. tubs and cones) which represent approximately half of the global packaged ice cream market. Click Read More below for additional detail.
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Port Hawkesbury Paper celebrating five years of staying open

Five years ago this week, many in the Strait of Canso area breathed a collective sigh of relief when its largest single employer restarted production after a yearlong shutdown. The reopening of what is now Port Hawkesbury Paper came after a year of legal wrangling and negotiations with the various groups that have a stake in the future of the mill, formerly NewPage Port Hawkesbury, which had shut down when its parent company filed for bankruptcy protection in the United States. It’s a very different company than when it shut down in September 2011. Only one of the mill’s two paper machines — the newer supercalendered machine that produces paper for the magazine and catalogue market — went back into production, cutting the number of employees by about half to around 300. Click Read More below for more of the story.
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Pittsburgh Mailing Purchases Xerox Rialto 900 Inkjet Press with Dynamic Perforator

With up to 5 million pages of direct mail each month, Pittsburgh Mailing, looked to inkjet technology to provide more speed and a full color multifaceted press that could accommodate fluctuating high volumes. The Pennsylvania-based company chose the Xerox Rialto® 900 Inkjet Press with Dynamic Perforator as it checked every box as a productive solution that could print, stack and provide inline dynamic perforation and edge trim. “Not only will the Xerox Rialto eliminate the need for mono overprint on offset shells, the new press will enable a quick transition to continuous feed inkjet products and help us compete with low-cost alternatives,” according to the president and CEO Kurt Smallhoover. Smallhoover says Pittsburgh Mailing added the production inkjet to its fleet of Xerox presses after surpassing $12 million in revenue, with monthly outputs increasing by nearly 50 percent. The high speed, small footprint and unique roll-to-cut sheet press makes the transition to inkjet affordable and is perfectly suited for the direct mail market. Click Read More below for more of the story.
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Questions go unanswered Monday on Appleton Coated’s fate

Appleton Coated’s employees were left hanging Monday afternoon with no news on their mill's sale to Industrial Assets Corp., a used machine dealer and liquidator based in Los Angeles. Last Monday, Outagamie County judge Gregory Gill asked lawyers to have the modified purchase agreement complete in five business days. On the fifth day, which was Monday, the court closed at 4:30 p.m. with nothing filed. Many questions linger about what's going to be in the final documents. Will the mill still get a 45-day reprieve in which an estimated 195 workers will be called back to operate some of the paper machines? Will Industrial Assets use that time to seek a new buyer who could potentially operate the mill going forward? About 550 of the 620 employees were laid off on Sept. 19 and 20. Click Read More below for more of the story.
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Sonoco Plastics increasing prices for all resin-based products in North America

Sonoco announced it is implementing a price increase for all resin-based products sold in North America. The increase amounts by formulation are: CPET/PET – 15 percent, PE – 10 percent, PP – 5 percent. The increase, which impacts thermoformed, injection-molded and extrusion-molded products, is effective with shipments beginning October 15, 2017. “With the unfortunate events surrounding Hurricanes Harvey and Irma, we are seeing a significant inflationary spike affecting the entire industry, not just Sonoco,” said Jeff DiPasquale, vice president and general manager for Sonoco’s Global Plastics division. “The unprecedented occurrence of these natural disasters has greatly impacted the North American resin supply chain in terms of both production and distribution. We are doing everything possible to minimize the impact of this disruption to our customers.”
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EFI Acquires Escada Systems — Extending Its Offering for the Corrugated Packaging Market

Electronics For Imaging, Inc. (Nasdaq:EFII) announced today the acquisition of Escada Systems (Escada), a leading provider of Corrugator Control systems for the packaging market. Based in the United Kingdom and with operations also in the United States, privately held Escada brings a strong reputation for innovation and vast experience in helping packaging companies to achieve greater productivity, quality and profitability. EFI is a market leader in providing a complete ecosystem for corrugated production, that includes the EFI Nozomi C18000, an ultra-high-speed single-pass LED inkjet press powered by the award winning Fiery DFE together with leading edge inks, and the EFI Corrugated Packaging Productivity Suite, the market's first end-to-end software offering for business management and manufacturing execution, which is gaining global momentum, serving corrugated packaging companies around the globe. The addition of Escada's technology and expertise will enable EFI to expand the Productivity Suite's value to sheet feeders and full corrugated box plants, to also include comprehensive control and traceability for the entire corrugation process. Click Read More below for additional detail.
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CJK Group Bolsters Educational Book Printing With Webcrafters Acquisition

CJK Group, led by CEO Chris Kurtzman, is a largely unknown, low-profile industry conglomerate that's been methodically consolidating the book manufacturing market. But the entity can no longer fly under the radar screen as it sounds another "Bang!" ... no pun intended ... with yet another major M&A transaction. The latest acquisition by Brainerd, Minn.-based Bang Printing and its holding company, CJK Group, is the assets of Webcrafters, a 270-employee, Madison, Wis., printer that caters to the educational publishing community as a manufacturer of textbooks, workbooks, teacher and student guides, and related educational support materials. Terms of the definitive agreement reached between the two privately-held companies were not disclosed. CJK Group is the holding company for Bang Printing, a manufacturer of books, catalogs, publications and fulfillment services in Brainerd, Minn., and Palmdale, Calif., which has already acquired Hess Print Solutions in Brimfield, Ohio; Sentinel Printing, St. Cloud, Minn.; Victor Graphics in Baltimore; Sinclair Printing, Los Angeles; and The Sheridan Group with production facilities in Waterbury, Vt., Hanover, N.H., Hanover, Pa., Chelsea, Mich., and a corporate office in Hunt Valley, Md. Prior to Webcrafters, CJK Group's most recent acquisition comprised the $196.5 million, 1,000-employee Sheridan Group this past April. Click Read More below for additional detail.
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Packaging Corporation of America Completes Acquisition of Sacramento Container Corporation

Packaging Corporation of America announced that it has completed its acquisition of the assets of Sacramento Container Corporation and 100% of the membership interests of Northern Sheets, LLC and Central California Sheets, LLC in a cash-free, debt-free transaction. Funding for the $265 million purchase price came from available cash on hand. PCA Chairman and CEO Mark Kowlzan said, “Completing the acquisition of Sacramento Container, Northern Sheets and Central California sheets continues to further PCA’s strategic objectives. We welcome our new employees to PCA and look forward to quickly integrating these operations into our company.”
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AF&PA Statement on Administration Regulatory Agenda

American Forest & Paper Association (AF&PA) President and CEO Donna Harman and Clearwater Paper Corporation President and CEO and AF&PA Board Chair Linda Massman issued the following statement after attending the White House “Cut the Red Tape” event where Vice President Mike Pence outlined the administration’s regulatory agenda. “We support the administration in its mission to achieve regulatory reform that will allow the paper and wood products industry to innovate, invest, create jobs and compete at home and around the globe,” said Harman. “Our companies account for four percent of U.S. manufacturing GDP, employ 900,000 men and women in rural and urban communities across 45 states and meet a roughly $50 billion annual payroll. When we work together to advance regulatory policies that unleash economic growth, our industry’s future only brightens.” Click Read More below for more of the story.
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Changing the Future at Labelexpo Europe: Sustainable options that don’t cost the earth

From new recycled paper facestock to marble-based “paper” and compostable adhesive, Avery Dennison is offering brand owners and converters an increasingly wide choice of sustainable options for their needs. “Avery Dennison is making excellent progress toward our ambitious 2025 sustainability goals we announced at Labelexpo Europe in 2015,” said Renae Kezar, sr. director, global leader of sustainability. “At Labelexpo 2017 in Brussels, we provided a detailed update on our performance against these goals, releasing our Sustainability Report 2015-2017, while also showcasing our range of sustainable products and solutions”, Kezar continues. Avery Dennison is rolling out its Forest Stewardship Council-certified Recycled Paper Facestock range. The range helps brand owners meet their sustainability targets. Next to that, label printers and converters want to differentiate themselves and increase their value in the supply chain by helping brand owners to achieve those goals. Click Read More below for additional detail.
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Oil Steadies Above $50 as Libya Works to Revive Production

West Texas Intermediate futures were little changed after dropping 2.1 percent to a one-week low on Monday. The Organization of Petroleum Exporting Countries pumped 32.83 million barrels a day in September, up 120,000 barrels a day from August, according to data compiled by Bloomberg. Libyan production is set to recover from a five-month low as the nation’s biggest field restarts following a brief halt. “With news of Libyan output looking to recover back to the 1 million-barrel-a-day level, oil bulls need to hold out for another bout of news on geopolitics,” said Jens Naervig Pedersen, senior analyst at Danske Bank A/S in Copenhagen. Click Read More below for additional detail.
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Lecta’s Premium Publishing Papers at the Frankfurt Book Fair

The company will exhibit its full range of premium coated and uncoated papers for the publishing industry. Once again, Lecta will attend the Frankfurt Book Fair, October 11th to 15th, bringing together professionals worldwide at the largest publishing event of the year. This year, Lecta will present its new book "Vertical", a suggestive series of photographs taken vertically from a variety of perspectives and distances. The book is printed on Lecta's premium range of publishing papers, showing the excellent print results that can be achieved on a number of different papers. Click Read More below for additional detail.
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Tetra Pak publishes 2017 Sustainability Report

Tetra Pak today published its 2017 Sustainability Report, highlighting the company’s annual progress and key achievements in the areas of environmental performance, social responsibility and corporate governance. For the first time since it started publishing a Sustainability report in 2004, the company has adopted Global Reporting Initiative (GRI) guidelines, the most widely-used international framework for measuring and communicating sustainability performance. Chris Huntley, Senior Vice President Communications at Tetra Pak and the chair of the company’s Sustainability Forum said: “The GRI framework provides a mechanism for us to report our progress on sustainability against an industry-wide standard, improving both the clarity and transparency of our yearly reports. Perhaps more importantly, it also introduces a common methodology for identifying the environmental, social and governance aspects of our operations that are most critical to our business, to our customers and to society – helping us to ensure we give these due priority”. Click Read More below for additional detail.
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U.S. Postal Service to Issue Semipostal Stamps

The Semipostal Authorization Act, Pub. L. 106–253, grants the U.S. Postal Service discretionary authority to issue and sell semipostal stamps to advance such causes as it considers to be ‘‘in the national public interest and appropriate.’’ The U.S. Postal Service announced today that in November it will issue the first of five semipostal stamps. Under the semipostal discretionary program, the Postal Service will issue five stamps over a 10-year period, with each stamp to be sold for no more than two years. The first stamp issued will be an Alzheimer’s Semipostal Stamp, followed by a Post Traumatic Stress Disorder (PTSD) Semipostal Stamp in 2019. The next three discretionary semipostal stamps have not yet been determined.Click Read More below for more of the story.
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Print and Paper Packs a Punch in a Digital World

The results of an international survey by Two Sides provides unique insight into how print and paper is viewed, preferred and trusted by consumers around the globe. In June 2017, a survey of over 10,700 consumers was commissioned by Two Sides and carried out by leading research company Toluna. Nationally representative surveys were undertaken in ten countries: Australia, Brazil, France, Germany, Italy, New Zealand, South Africa, Spain, the United Kingdom and the United States. The results reveal a strong preference for print when it comes to recreational reading e.g. books, magazines, news, etc. 72% of global respondents prefer printed books, compared to only 9% preferring e-books. Significant country differences were also identified: in Germany, 75% of consumers prefer a printed newspaper, but in Spain, only 42%. Not only is there a global preference for print, there is also greater trust in print. 76% of all respondents believe “fake news” is a worrying trend and only 24% trust the news stories they read on social media. In addition, 63% of all respondents believe reading news in a printed newspaper provides a deep understanding of the story. Click Read More below for more of the story.
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Continued growth in South America: UPM Raflatac to open new terminal in Chile in 2018

As part of its increased expansion in the Latin American pressure-sensitive label market, UPM Raflatac is pleased to announce it will be opening a new slitting and distribution terminal in Santiago, Chile in early 2018. This new terminal will allow UPM Raflatac to improve its service capabilities and offer an expanded range of paper and film products to customers in the Chilean market, particularly in the wine and craft beverage segments. Currently under construction in the Lo Boza industrial sector adjacent to Santiago International Airport, this brand new facility will join UPM Raflatac's growing Americas Terminal Network, which includes a number of facilities throughout North and South America. The new terminal will feature two meter-wide slitting capabilities and the company plans to have trimless offerings on select materials. Click Read More below for additional detail.
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Appvion Initiates Process to Restructure Debt and Position Business for Long-Term Success

Appvion, Inc. announced that it and certain of its subsidiaries filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware to facilitate a balance sheet restructuring and better position the business for long-term growth and success. The Company expects to continue operations as usual and has obtained a commitment for $85 million in new debtor-in-possession ("DIP") financing from a group of its first lien lenders. Subject to Bankruptcy Court approval, this DIP financing, combined with cash generated by the Company, is expected to provide more than adequate liquidity to support ongoing operations during the process. "We thoroughly explored various alternatives to address our debt and have been engaged in constructive discussions with our lenders regarding sponsorship of a plan to delever the Company and enhance our liquidity," said Kevin Gilligan, Chief Executive Officer of Appvion. "While those discussions are active and continuing, we determined that pursuing a restructuring through Chapter 11 is the best path forward for Appvion and our stakeholders. We believe this process will result in a sustainable capital structure for our business." Click Read More below for additional detail.
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Norske Skog extends consent deadline for the board’s recapitalization proposal

Norske Skog has decided to extend the consent solicitation deadline for the ongoing recapitalization proposal from 29 September until Tuesday 3 October at 17:00 CET. The consent solicitation deadline has been extended from Friday 29 September until Tuesday 3 October 2017 at 17:00 CET. Norske Skog will use the period prior to the new expiration deadline to continue discussions with various stakeholder groups to try to achieve sufficient support for a consensual recapitalization solution for the Norske Skog group. The Board of Directors will continue to follow and evaluate the situation thoroughly during this period. - The recapitalization process is challenging, as we knew it would be, but we want to allow time to finalize our discussions with the various stakeholders. We believe that the extension of the consent deadline will improve the chances of reaching a solution, especially after the last day's actions from different stakeholders. As we have previously made clear, the board of Norske Skogindustrier ASA firmly believes that only less beneficial alternatives to a consensual solution exist. Norske Skog has 7 profitable business units that will continue normal operations regardless of the outcome of the consent solicitation process," said Mr. Christen Sveaas, Chairman of Norske Skogindustrier ASA.
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JD Irving: Top Seven Reasons We’re Celebrating National Forest Week

The theme of this year’s National Forest Week 2017 is Our Stories, Our Future. We value the people, the partnerships and the innovation that goes into sustainable forest management. We think these stories are worth celebrating! 1. It’s a Milestone Year: 60 Years of Tree Planting Since 1957 we have planted nearly 1 billion trees. It is a big part of why we grow more than we harvest every year. We cannot celebrate this 60-year milestone without celebrating the tree planters who have made it happen. One way we thank our student tree planters is to send them back to college or university with a scholarship at the end of the planting season. The 2017 season saw 58 student tree planters awarded a total of $47,250 in scholarships. To date, $454,500 has been awarded to full-time students who have planted trees across JDI-owned or managed lands. 2. Proud to Conserve Nature’s Beauty with Exceptional Partners Unique Areas: Our voluntary and award-winning Unique Areas program has grown from 29 sites in the 1980’s to over 1 300 sites to date on the lands we own and manage in New Brunswick, Nova Scotia and Maine. We value the partnerships we have with many environmental and community groups as well as local universities to help identify, conserve and study these special places which include aesthetics, wildlife, historic sites and more. https://irvingwoodlands.com/jdi-woodlands-healthy-forest-conservation.aspx. Click Read More below for more of the story.
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Cascades PRO TM: Balpex Platinum Supplier of the Year

Cascades Inc. received on September 18th, 2017 the Platinum Supplier of the Year award in the Cleaning and Hygiene category at the Balpex Supplier Summit. This award is presented to a supplier that has achieved exceptional performance in its business sector. Cascades PRO TM , a Cascades Tissue Group division, earned this award and recognition thanks in part to an incredible effort rebranding its professional products intended for businesses, industries and institutions. It was in 2016 that Cascades Tissue Group launched a campaign to promote its professional products now grouped under the Cascades PRO TM brand. A major sales and marketing effort made it possible to increase awareness of the product line in a simplified manner. Click Read More below for more of the story.
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Flat Sales Identified as Top Industry Problem

In PW’s annual salary and jobs survey, 25% of the 442 respondents picked flat sales as the #1 issue facing the industry in 2017. It narrowly edged out competition from other media, identified by 24% of respondents as the most important issue. While book publishing has fared better than some other media in the digital age, there has been no growth over the past five years. According to the Association of American Publishers’ recent StatShot report, total industry sales fell to $26.24 billion in 2016, down 5.1% from 2015. Between 2012 and 2016, sales fell every year except 2014, and over the five-year period sales dropped 5.3%. Within the trade segment, sales rose 1.5% in 2016 over 2015 and were up 1.3% in 2016 over 2012. The lack of real growth in the industry, in some ways, has likely been caused by the other issues highlighted in the survey. Certainly, publishers must compete with the many new entertainment options available to consumers to get attention for their books, and the explosion of video games and the growing use of social media has made reading books less popular. Click Read More below for more of the story.
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Crude Oil Prices Start the Week a Touch Lower

Crude oil prices started the week on the back foot on Monday, but remained close to their best levels in months amid optimism that the crude market was well on its way towards rebalancing. U.S. West Texas Intermediate (WTI) crude futures shed 11 cents, or around 0.2%, to $51.56 a barrel by 3:20AM ET (0720GMT), remaining within sight of a five-month high reached last week. WTI prices gained around 2% last week to notch their fourth-straight weekly climb. It ended September with an increase of roughly 9.5% and saw quarterly rise of about 12%. Click Read More below for more of the story.
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New MA Law Taking Effect Oct. 1; ACMA Still Needs Funds to Stop It

Last week we issued an urgent appeal to help fund a suit we hope to file against the state of Massachusetts and its outrageous “cookie nexus” regulation. The full appeal is below, but in a nutshell, we can only file this action with your help. Some have already stepped up with pledges and we thank you for that. To all others, we need your help. This will become a national standard if not opposed. If you are with a high profile company, review our appeal below. Then please let us know we can count on you by clicking on the auto-reply email below. Also this week, the Boston Herald ran an article on the topic in case you missed it... Help Thwart Massachusetts’s Cookie Nexus Law Industry Must Fund Legal Challenge Or Face Consequences Dear Catalog & E-commerce Industry Members: Place a cookie or provide an app that is downloaded by a Massachusetts resident and you have just created a physical presence in the state, according to a new regulation being promulgated. The State Department of Revenue introduced this approach once before, only to have it struck down in court following an ACMA/NetChoice lawsuit. But after correcting the defects pointed out by us, MA is back with a new approach that flies in the face of both the Quill presence and the Internet Tax Freedom Act. This dangerous expansion of state powers will be quickly replicated elsewhere if uncontested. Recall how quickly the click-thru nexus laws expanded? New York promoted this new approach unopposed, which then spread to 20 other states almost overnight. Click Read More below for additional detail.
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International Paper to Reduce Pension Liabilities by $1.3 Billion

International Paper announced it has entered into an agreement with The Prudential Insurance Company of America (NYSE: PRU) to purchase a group annuity contract and transfer approximately $1.3 billion of International Paper's U.S. qualified pension plan projected benefit obligations. The transaction will be funded with pension plan assets, and at the end of 2017, Prudential will assume responsibility for pension benefits and annuity administration for approximately 45,000 former employees or their beneficiaries receiving less than $450 in monthly benefit payments from the plan. The transaction is expected to close on October 3, 2017, subject to customary closing conditions. Click Read More below for additional detail.
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UPM Plywood starts using a new sustainable WISA BioBond gluing technology

UPM Plywood starts using a new sustainable lignin based WISA BioBond gluing technology in plywood manufacturing. In the new technology 50% of the fossil-based phenol has been replaced with lignin obtained as a by product of kraf pulp production. "Our long term goal has been to develop a gluing technology that utilizes lignin as raw material. The technological breakthrough that now has been achieved is the most significant innovation in plywood gluing in five decades" says Susanna Rinne, Vice President, Business Development at UPM Plywood. UPM Plywood plans to take the new gluing technology into use gradually in all of its plywood mills. Click Read More below for additional detail.
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