ProMach Adds to Flexible Packaging Portfolio with Acquisition of Reepack

ProMach, a worldwide leader in packaging machinery solutions, announced today it has acquired Reepack. Reepack is a leading manufacturer of high-quality flexible packaging machinery known for their vacuum chambers, thermoformers, tray sealers, and flow wrappers. The addition of Reepack helps ProMach continue expansion in the food packaging space and solidifies their status as a single-source supplier for protein-packaging automation. Reepack joins six other best-in-class product brands under ProMach's Flexibles & Trays business line. With the acquisition of Reepack, ProMach gains a key application technology in flow wrapping, adding to their overall flexible packaging capabilities, and also expands their existing capabilities in horizontal thermoforming.
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ECOVADIS recognizes Huhtamaki’s sustainability performance with gold medal for the second year in a row

Huhtamaki receives a gold medal from EcoVadis on sustainability performance – for the second year running. Our score places us in the top 5% among over 90,000 rated companies across the globe and highlights our continued to work towards our ambitious 2030 sustainability goals. EcoVadis is the world’s largest and most trusted business sustainability index. “Our strong EcoVadis rating is a recognition of the work we have done over the last two years, and highlights how our teams globally have embraced sustainability. We are very proud of this achievement. Nevertheless, we must continue to keep our focus on the big picture and our overall 2030 ambition as we still have a long way to go. That is why we are continuously working on improving our sustainability performance, analyzing where improvements are needed and acting on these insights." says Thomasine Kamerling, Huhtamaki EVP, Sustainability and Communications.
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GLGA Welcomes Julie Lopezlena to Association Staff

The Great Lakes Graphics Association (GLGA) has announced that Julie Lopezlena has joined the association as their new Sales and Member Engagement Director for Illinois and Indiana. Ms. Lopezlena, a native of Minnesota, grew up in her family’s printing business. Before joining GLGA, she served as the director of sales for Navitor, Inc., overseeing the management of sales operations for multiple products and print technology. Her deep background also includes experience in international business development both with Taylor Corporation in Mexico City and with Euromonitor International in Chicago. In GLGA’s newly created Sales and Member Engagement Director position, Ms. Lopezlena is responsible for identifying and cultivating new strategic relationships toward the development of new members for the association. She also will assist current members in strategic use of GLGA’s services and benefits to maximize their return on investment.
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TC Media Acquires ERPI (Éditions du renouveau pédagogique inc.) from Pearson

Pearson and TC Media announce the sale of ERPI (‘Éditions du renouveau pédagogique inc.’) by Pearson to TC Media. ERPI is a Québec educational publisher founded in Montréal in 1965 and acquired by Pearson in 1989. "We are proud to acquire ERPI, a long-standing educational publisher", said Patrick Lutzy, President of TC Media. "This acquisition fits perfectly with our growth strategy as it complements TC Media’s educational products offering, both print and digital, and provides an opportunity to further grow ERPI’s brand alongside our brands such as Chenelière Éducation, Beauchemin and Modulo. I wish a very warm welcome to ERPI’s team."
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BillerudKorsnäs expands the sustainable FibreForm® range

The revolutionary 3D-formable BillerudKorsnäs FibreForm® paper offers a low-carbon packaging alternative to plastic and an exciting opportunity for inspiring designs. The creative FibreForm® is cold-formable and available in both white and brown paper. The unique FibreForm® material helps brand owners on their journey towards sustainable packaging. Firstly, the paper’s high strength enables packaging, such as carrier bags, to be reused multiple times. The paper is cold-formable and, therefore, requires less energy than plastic packaging during converting. Furthermore, it is 100% renewable, recyclable, and biodegradable.
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Golbey renewable energy plant ready for construction

The Green Valley Energie (GVE) joint venture, in which Norske Skog is a 10% minority equity holder, is ready to commence construction of a biomass boiler at the mill site of Norske Skog Golbey, France, following recent completion of debt financing. GVE is a biomass energy plant, which will produce electricity and heat from waste and residue materials. Electricity sale from GVE is ensured through a feed-in tariff contract, while steam will be used for Norske Skog's Golbey mill. "This energy project is one more milestone in the on-going transition of Norske Skog towards new growth markets and sustainable energy. The biomass boiler will ensure a stable, long-term supply of cost-competitive and 100 percent renewable steam as an alternative to fossil energy sources like natural gas, shielding us from increasingly volatile energy markets," says Sven Ombudstvedt, CEO of Norske Skog.
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NaturaFluff Eco by Stora Enso qualified for Asthma Allergy Nordic label

Stora Enso introduced NaturaFluff Eco to the market in 2021. This lower carbon footprint fluff pulp has now fulfilled the requirements and qualified for the Asthma Allergy Nordic label. Consumers are increasingly looking for products which are natural, safe to use and have a low environmental footprint. NaturaFluff Eco is an oxygen-delignified fluff pulp, which means that no bleaching chemicals are used in its production. As a result, the fluff pulp has a warm, natural beige colour and a more than 30% lower carbon footprint in comparison to traditional fluff pulp, without compromising on product performance. NaturaFluff Eco is perfectly suited for use in absorbent hygiene products, such as baby diapers, feminine hygiene, adult incontinence products, as well as in air-laid nonwoven materials such as napkins, table-tops and various pads.
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Postal Service Ends May with High Performance Scores Across All Mail Categories

For the third quarter to date, more than 93 percent of First-Class Mail was delivered on-time each week. For the past 14 weeks, more than 93 percent of Marketing Mail was delivered on-time. Through the first nine weeks of the third quarter, the average time for delivery of mail and packages across the postal network remained just 2.4 days. Third quarter service performance scores covering April 1 through June 3 included: *First-Class Mail: 93.5 percent of First-Class Mail delivered on time against the USPS service standard, an increase of 5.6 percentage points from the fiscal second quarter. *Marketing Mail: 94.8 percent of Marketing Mail delivered on time against the USPS service standard, an increase of 2.7 percentage points from the fiscal second quarter. *Periodicals: 86.5 percent of Periodicals delivered on time against the USPS service standard, an improvement of 5.1 percentage points from the fiscal second quarter.
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The New York Times Company Details the Next Phase of Its Digitally Focused Strategy

The New York Times Company will present its digitally-focused growth strategy to achieve its midterm operating and financial targets at its first Investor Day in many years. Executives will detail how The Times plans to achieve attractive, sustainable revenue and adjusted operating profit growth by adding subscribers to its differentiated portfolio of leading news and lifestyle products. The Times will also discuss the opportunity ahead for The Athletic. “Over the past five years, we have transformed The Times into a digital-first, subscription-first definitive market leader with more than 9 million subscribers and a goal of 15 million by year-end 2027,” said Meredith Kopit Levien, president and chief executive officer, The New York Times Company. “We believe we can become the essential subscription for every curious, English-speaking person seeking to understand and engage with the world. With this strategy, there is a tremendous long-term growth opportunity to attract and retain a larger audience driven by an expansive and connected product experience that makes us indispensable to millions of people in their daily lives.”
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CFH Docmail Ltd Join Two Sides To Promote Sustainable Print Communications

Two Sides, the print and paper advocacy group, is excited to announce its newest member, CFH Docmail Ltd, the multi-site, multi-channel innovative communications company. Starting as a print company supplying lithographic printed forms, CFH Docmail Ltd have transformed into a multi-site, multi-channel innovative communications company. For more than 40 years, they have been helping customers achieve the results they need with innovative, impactful communications on every channel. CFH Docmail Ltd’s industry-leading multichannel communication solutions include hybrid mail, print & post, and online services. All delivered with a practical sensibility, focused on driving outcomes – and powerful results.
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Smirfit Kappa Statement re Birmingham Paper Mill

At approximately 19.40 BST yesterday evening a fire broke out in an adjacent premises to the Smurfit Kappa SSK Paper Mill in Birmingham. High winds carried the fire which reached the mill’s recovered fibre yard. Smurfit Kappa would like to thank both West Midlands Fire Service staff and the SSK team for their swift and professional response in controlling the fire within a few hours and ensuring the safety of all. The paper mill itself is unaffected and we do not expect any material impact on production.
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Case Study: Grandin Road Fall Campaign (jschmid.com)

How do we take a brand that sells home furnishings and give them a more compelling reason to be considered? First, we created a new brand positioning and tagline “Celebrate Every Season” which gave the brand a reason for being and became their rallying cry. We used powerful images and emotive copy to connect with the audience, inviting them to imagine a delightful scenario, evocative of the season. Finally, we created conceptual design to show how the campaign would play out across every touchpoint, ensuring the message is consistently strong, regardless of channel. We then repeated this process for each season throughout the year. Read the Case Study at: https://www.jschmid.com/blog/portfolio/grandin-road-fall-campaign/
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Spadel and DS Smith launch innovative 5-litre packaging

Spadel and DS Smith launch a new 5 litre package that has been innovatively designed to ensure it’s not only practical, but sustainable too. The respective market leaders, who specialize in natural mineral water and sustainable packaging solutions, joined forces to create the Eco Pack. The octagonal box comprises of cardboard and a flexible inside plastic bag that has room for 5 litres of liquid. Its efficient use of materials enables a 65% reduction in plastic* while also extending the waters shelf life. The octagonal 5L Eco Pack is the latest innovation flowing from Spadel and DS Smith’s partnership over the last decade. As a B-Corp certified company, Spadel consistently seeks new ways to reduce its environmental footprint. DS Smith helped Spadel find and tailor its ideal packaging solution using their PackRight approach. This is a collaborative, four-step development process: starting with gaining insights, then moving on to pack development, testing and implementation. DS Smith’s Supply Cycle Thinking guided Spadel every step of the way to identify specific needs and optimize their 5L SPA® Reine Eco Pack.
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Family-owned Business American Packaging Corporation to Bring New Manufacturing Facility and Jobs to Cedar City, Utah

American Packaging Corporation has announced that it's opening a new 275,000-square-foot Center of Excellence manufacturing facility in Cedar City, Utah. The new operation will add over 135 high-paying jobs to Iron County. APC purchased the land in October 2021 and officially broke ground on February 8, 2022, during a groundbreaking ceremony with civic leaders and company officials. The new facility is expected to open and be fully operational in June 2023, and will include flexographic printing presses, laminating, preformed pouching and finishing equipment. APC will hire 75 new APC team members as part of phase one, with career opportunities in manufacturing, production, engineering and administration.
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3 Steps for Navigating New EPR Laws (packagingdigest.com)

As US states embrace extended producer responsibility (EPR) programs, brand owners can proactively design or redesign packaging to come out ahead — and win over eco-minded consumers in the process. In states like Maine and Oregon, new laws are being introduced to bolster municipal recycling initiatives. Dubbed Extended Producer Responsibility Programs (EPRs), the policies aim to reduce the volume and toxicity and increase the recycling of packaging material. EPR programs will also take the cost of recycling off of taxpayers and put them onto manufacturers by taxing them based on the recyclability of their materials. These laws have the potential to create real change two-fold: One, by offering fundamentally expensive municipal recycling programs a lending hand with operating costs, while simultaneously encouraging consumer packaged goods (CPG) companies to reduce their carbon footprint. Given many recycling programs across the country have been suspended due to collection costs and inefficiencies, it’s not surprising that many other states are considering similar regulation.
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Packaging concept for vegan chewing gum wins BillerudKorsnäs’ design competition PIDA UK

Josh Curtis from Ravensbourne University in London triumphed in the UK Packaging Design Impact Award (PIDA) and earned this year’s Gold Award. His entry “Ritini” impressed the jury with its shape, branding, and versatility. “Ritini” is an eye-catching package, a branding tool and a clever dispenser all rolled into one. The word Ritini is Greek for resin and the tear-shaped package design is inspired by the drops of resin that are the key ingredient of the vegan chewing gum. “They are the Tears of Chios,” says Josh Curtis. “The package is designed with a colour palette that is typical of Greece. It’s user friendly, easy to dispense the gum and fits perfectly in your hand.” At PIDA, design students from universities and colleges from seven countries compete with their creative packaging designs. The competition is organized as five separate events: the USA, Sweden, France/Belgium, the UK, China*, and Germany/Austria. The winners of the Gold Award at each event will meet in a Grand Finale at Luxe Pack Monaco in October.
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Sustainable and High-End? It’s Possible! Koehler Paper teams up with Mühle-Glashütte

The “sustainable watch packaging” project between the two independent, family-owned companies Koehler Paper and Mühle-Glashütte focuses on developing high-quality yet sustainable packaging for a luxury watch — two characteristics that it has previously been difficult to combine in communication with customers. Koehler Paper came up with the idea of producing environmentally friendly, luxury packaging made from 100% recycled paper and designed to contain a high-quality watch. Family company Mühle-Glashütte, known for its nautical instruments and high-quality mechanical wristwatches, was taken on as a collaboration partner. Sustainability and recyclability are the main requirements for the packaging that Koehler developed together with Mühle-Glashütte and other project participants. Thilo Mühle, Managing Director at Mühle-Glashütte, stresses: “The collaboration project with Koehler Paper makes it clear that luxury no longer needs to be a guilty pleasure. What’s more, the craftsmanship of two family companies steeped in tradition is brought together here. This is reflected in the results.”
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UPM Plywood is taking another step with WISA BioBond to help builders meet sustainability targets

Starting from May 2022, the lignin-based WISA® BioBond bonding technology is being used in all UPM’s WISA spruce plywood products. WISA BioBond is UPM Plywood’s proprietary bonding technology in which at least 50% of fossil-based phenol in the glue is replaced with wood’s own natural bonding agent, lignin. UPM is the first plywood manufacturer in the world to adopt such a lignin-based solution in its entire range of spruce products. More than just a new type of glue, WISA BioBond is a comprehensive technology that helps further reduce WISA products’ already low fossil CO2 emissions over their lifecycle. The technology has been used in UPM’s birch plywood mills since 2017. By making it the standard in the WISA spruce range, UPM is helping constructors and builders meet their own sustainability targets. “WISA plywood is a material with excellent sustainable qualities already. It is made from renewable raw material and acts as a carbon storage throughout its lifetime. With WISA BioBond, we develop our plywood products and take their environmental performance one step further. This brings the material closer to the UPM vision of a future beyond fossils,” says Susanna Rinne, VP, Strategy and Business Development at UPM Plywood.
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Closing the gap between reality and perception at the World Forestry Congress

“The knowledge gap between forestry actors and society in Korea can be narrowed down through constructive communications: our event contributes meaningfully to the overall country effort,” said Mr Byungki Ahn. Mr Ahn, Director of Forest Policy Division, Service, was speaking at the KFCC-PEFC Customer Relationship & Business Strategy Meeting side event, held on the first day of the XV World Forestry Congress (WFC). “The Korean forestry sector has its specific history. While Korea has had success in forest restoration, there are still relatively strong public concerns on forest use, due to the memory of the devastated forest after the Korean war,” Mr Ahn explained. “A lot of work needs to be done to ensure that forest use is socially acceptable. KFCC is the system that can reassure the public that wood-based products are produced sustainably.”
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Amcor’s new product rebranding initiative highlights differentiated and more sustainable packaging options

Amcor unveiled a product rebrand designed to give customers a clearer, holistic view of its growing portfolio of more sustainable packaging solutions. This significant marketing effort provides customers with greater visibility and transparency of Amcor’s extensive product portfolio that has grown over the years through innovation and strategic acquisitions. The redesign of Amcor’s innovative product portfolio highlights three key differentiating benefits for customers: the most advanced solutions in more sustainable packaging; product functionality and differentiated solutions for high growth market segments such as healthcare, dairy and protein; and performance characteristics across a wide range of material options.
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Aptar and Quadpack Join Forces for Refillable Lipstick Product Development

International beauty packaging manufacturer and provider Quadpack and Aptar Beauty + Home, worldwide leader in the design and manufacturing of beauty dispensing solutions, have jointly developed a refillable lipstick which pushes the boundaries of sustainability and sensory appeal in makeup packaging. In a spirit of collaborative innovation, the two companies have blended their respective expertise in wood and stick mechanisms to create a product that delivers a great consumer experience: the Iconic Woodacity® Lipstick. Jeremy Garrard, Quadpack’s Director of Market Development, said, “This has been a project firmly based on shared value. Aptar is a respected partner with whom we have a strong history of collaboration. Now, we are leveraging each other’s complementary technologies, market positioning and customer base, to create a refillable makeup solution that really makes a difference.” Sergi Berthet, Vice-President, General Manager Beauty EMEA at Aptar, said, “This solution combines Aptar’s expertise in mechanisms for prestige lipsticks, with Quadpack’s know-how in high-end wood solutions. Our partnership has led to an innovative and premium refillable lipstick, which illustrates our common goal of a sustainable future for packaging”.
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CANPACK Celebrates Construction Milestone of the Second US-Based Manufacturing Facility

CANPACK commemorated the completion of the steel framing for the new 862,000-square-foot aluminum beverage can manufacturing plant during a Topping Off ceremony with Indiana Gov. Eric Holcomb and local community officials and leaders. The future plant will be home to approximately 345 well-paying, local jobs. The beam marks a significant construction milestone for the property since its groundbreaking in September 2021. Officials expect construction to be completed in time for plant operations to begin in the fourth quarter of 2022. “It’s an exciting time to be in Muncie to celebrate the construction milestone of CANPACK’s second US-based, state-of-the-art manufacturing facility,” said Peter Giorgi. “We appreciate the warm welcome and look forward to becoming an integral part of the Muncie-Delaware County community and contributing to the remarkable business environment that exists throughout the state.”
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Smurfit Kappa invests over USD23 million in a more sustainable future in Mexico

Smurfit Kappa has invested USD23.5 million to upgrade its Nuevo Laredo sheet plant in Mexico to become a fully integrated corrugated plant. The investment includes a state-of-the-art corrugator and extension of the building. The new machine, which began operating last week, will have the two-pronged benefits of reducing CO2 emissions by up to 40% and doubling production capacity. The Nuevo Laredo plant is located in the Tamaulipas region in Northeastern Mexico where Smurfit Kappa has strong partnerships in the industrial, electrical appliances and electronics sectors. The region represents 3.3% of the country’s GDP and is home to over 200 companies which manufacture products for the US. The increased capacity will streamline Smurfit Kappa’s operations in San Antonio, Texas where a fast-growing appetite for sustainable packaging is demanding larger production volumes.
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Transcontinental Inc. Announces Results for the Second Quarter of Fiscal 2022

Revenues increased by $92.2 million, or 14.8%, from $623.3 million in the second quarter of 2021 to $715.5 million in the corresponding period of 2022. Operating earnings before depreciation and amortization decreased by $6.1 million, or 5.6%, from $108.9 million in the second quarter of 2021 to $102.8 million in the second quarter of 2022. Net earnings attributable to shareholders of the Corporation decreased by $7.3 million, from $35.6 million in the second quarter of 2021 to $28.3 million in the second quarter of 2022.
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EFI Advances Growth Strategy in High-value Digital Imaging with Inèdit Software Acquisition

Electronics For Imaging, Inc. announced that it has acquired Inèdit Software S.L., a developer of raster image processors (RIPs) and related software for digital industrial textile printing. The acquisition extends EFI’s strategy to accelerate digital transformation in industrial print through investments that advance the company’s presence and capabilities in Packaging & Corrugated, Display Graphics, Textile, and Building Materials/Décor applications. Inèdit will be integrated into the Reggiani textile business. “Digital represents the biggest transformational opportunity we have ever seen in industrial printing,” said EFI CEO and Executive Chairman Jeff Jacobson. “We are committed to driving innovation and expanding our offerings through all economic cycles as we address our customers’ critical need to digitize and automate their workflows.”
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U.S. Postal Reform: A Win for Domtar, Customers

After many years of advocacy by Domtar, our industry partners, customers and consumers, Congress passed legislation in favor of U.S. postal reform in March. In early April, President Joe Biden signed the Postal Service Reform Act of 2022. The bipartisan legislation will help the United States Postal Service (USPS) become more financially sound, and it codifies important services, such as six-day delivery. “Because nearly a third of the product we make at our mills travels through the mail each day, Domtar views the U.S. Postal Service as a business partner,” says Kathy Wholley, vice president of communications and public affairs. “For years we have been advocating for substantive legislative proposals that make needed reforms to the postal service. These changes will help the partnership between us, our customers and the postal service remain strong, as well as benefit American consumers.” Much more at: https://newsroom.domtar.com/us-postal-reform-2022/
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Paper Excellence receives $4.5 million in funding from the Investments in Forest Industry Transformation (IFIT) program

Paper Excellence is pleased to have received $4.5 million from the Investments in Forest Industry Transformation (IFIT) program. This funding will help support an important transformation project taking place at our Catalyst Port Alberni mill. The $4.5 million will be invested at Catalyst Port Alberni to expand the mill’s production capacity for food packaging papers. Traditionally, this mill produced printing and writing grades; however, demand for these products has been in steady decline. Transitioning to food grade papers means meeting growing market demand, providing sustainable alternatives to single-use plastic serving containers, and advancing BC’s circular economy. The new grades will be produced using unique pulping capabilities developed at the Catalyst Port Alberni mill that net a higher yield in fiber use. As a result, the mill will be able to increase the amount of food packaging materials it produces but will use less residual wood fibre to do so.
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Lecta expands its range of release liners for siliconization with Linerset Glassine

The release papers are produced at Condat, Lecta's mill in France. After the launch several months ago of its new range of Linerset release liners with Linerset CCK (Clay Coated Kraft) release paper, Lecta now presents Linerset Glassine, a supercalendered paper for siliconization with very good lay-flatness, caliper, transparency and high resistance. Available in yellow and white, respectively, Linerset Glassine Y (Yellow) and Linerset Glassine W (White) are produced in substances from 45 to 78 g/m² for application on self-adhesive labels. Introducing these new release liners, Lecta advances in its transformation and diversification project at its Condat mill in France. With an investment of more than 80 million euros, Lecta has transformed its Line 8 paper machine at Condat with the aim of manufacturing release liners for siliconization. Lecta also has acquired a new supercalender, making Condat one of the most modern, efficient and environment-friendly factories in Europe.
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As part of its overall commitment to developing Fiber Solutions, Huhtamaki breaks ground on its expanded molded fiber manufacturing capacity in North America

Huhtamaki, a key global advanced manufacturer of sustainable packaging solutions, announced plans to expand its molded fiber product manufacturing unit in the city of Hammond, Indiana, as part of its investment in Fiber Solutions. The investment, which is expected to start ramping up towards the end of 2023, will enable Huhtamaki to better serve existing and new customers in North America with a broad range of sustainable, fully recyclable and compostable, fiber-based packaging solutions, manufactured from 100% recycled North American raw material. “The investment in this new manufacturing capacity, adjacent to our existing site in Hammond represents our strong belief in the future development of the region and in the continued success of our customers – both current and new. The expansion will introduce new sustainable fiber-based products such as egg cartons and cup carriers – manufactured on state-of-the-art machinery developed by Huhtamaki – to our portfolio in the region and drive production efficiency. Our know-how in key packaging technologies and our strong track record in sustainability make us extremely well positioned to support our customers and deliver on their sustainability agendas and goals with innovative solutions”, says Charles Héaulmé, President and CEO of Huhtamaki. Amounting to a total investment of almost USD 100 million, the expanded facility covers circa 23,000 square meters and will be built adjacent to Huhtamaki’s existing Hammond manufacturing unit. Huhtamaki has operated in Hammond, Indiana, since 1948 and currently has approximately 140 employees. It expects to employ a further 100 new employees when fully operational.
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New Idea Shop by Neenah Promotion Helps Brands Elevate the Customer Journey

Whether in store, online or at the doorstep, every detail in the cost umer journey matters. To help brands better connect with consumers, Neenah has released its newest Idea Shop by Neenah promotion. Designed in collaboration with the world renowned Design Army the promo highlights the power of attention grabbing packaging, point of purchase, and other uniquely branded samples that transcend the screen and engage the senses across each carefully branded consumer touchpoint. The cleverly packaged Idea Shop branded promotion pulls out all the stops, starting with a gorgeous deep black soft touch folding board box accented with black foil for a premium, sophisticated look and feel. Upon opening, lucky recipients are greeted with a personalized welcome, setting the stage for the layers of elegantly designed, distinctively printed goodies beneath. Everything that follows is a masterclass in creating sensory intrigue, welcoming a second touch, and leaving an impression.
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Circular economy insight – a golf ball packaging that converts into an insect hotel – wins the New Wood project’s vote

A conscious golfer's eco-feat is to buy golf balls in packaging that has a new life as an insect hotel once the packaging has been used. This innovative idea and packaging solution has recently received the most public votes in the spring 2022 New Wood project competition. It is a concrete example of circular economy, where a product, after its primary use, has another function before it ends up in the recycling. The Finnish Golf Coat Ltd wanted to create a packaging solution for its best-selling product that supported biodiversity and promoted the circular economy. Golf Coat's brand is based on eco-friendliness and biodegradability of products, so the use of a reusable box was particularly suited to the company's values and mindset. "Our aim was to create a simple, smart and cost-effective structure that would be easy to assemble and fill with, for example, leaves, saw dust or dry grass after its primary use as a golf ball box. Metsä Board and its partners developed an insightful packaging that provides an artificial nesting structure and shelter for insects and pollinators," says Aki Kuivaniemi, CEO of Golf Coat Oy.
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UPM’s latest commitment to Baltic Sea Action Group diverts ship-generated wastewater discharge from sea to land

UPM is the first Finnish company, acting as a shipper and charterer, to discharge its ship-generated wastewater on land and utilise various circular economy solutions in wastewater treatment. The commitment has been published today, on the World Oceans Day, to Baltic Sea Action Group (BSAG). The new model will be implemented in the ports of Rauma, Hamina, Kotka and Pietarsaari, which are the four most important ports for UPM's operations. "Responsible waste management on maritime transport and the use of modern technology in the treatment of ship-generated waste is an obvious strategic choice for UPM,” says Lauri Rikala, Director, Global Break Bulk Shipping at UPM. "We have been cooperating actively with Baltic Sea Action Group for over ten years and made several commitments. Therefore, it was only natural that we combine our forces and expertise in this project."
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UPM Raflatac launches the world’s first certified label material to fight ocean bound plastic pollution

UPM Raflatac is the first company in the world to invest in Ocean Bound Plastics (OBP) waste as label raw material in their new Ocean Action labels. The Ocean Action labels are made from ocean bound plastic using mass balance approach. Ocean bound plastic is abandoned plastic waste recovered from areas up to 50km inland from waterways, defined as “at risk of ending up in the ocean” by OBPCert. The new innovative label material is made possible by close collaboration with multiple partners in the product’s value chain. ”The new innovative Ocean Action label material is the latest step in our beyond fossils journey. It does not only help prevent the plastic waste from ending up in the oceans but also offers brand owners the possibility to meet their recycled content targets for packaging. The Ocean Action label material is an easy-to-use drop-in solution created especially for food and cosmetics end-uses as it has exactly the same performance as the current fossil-based labels,” says Eliisa Laurikainen, Business Development Manager from UPM Raflatac.
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Barnes & Noble Announces The Best Books of 2022 (So Far)

The bookselling team selected these ten titles, spanning fantastical debuts, deeply moving novels from literary powerhouses, timely works of ambition set in Ukraine, epic fantasies and book-loving rom-coms, as the best new releases so far this year. “All readers will find a book to love on our Best Books of 2022 (So Far) list,” said Jackie De Leo, Chief Merchandising Officer, Barnes & Noble. “It’s wonderful to see the mix of many debut authors alongside well-established literary darlings. The books are as different as the authors who penned them, yet their engaging narrative and their impact on the booksellers at Barnes & Noble is the common thread that weaves them together.” See the list at: https://www.barnesandnobleinc.com/press-release/barnes-noble-announces-best-books-2022-far/
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Help Two Sides Tell Dropbox To Stop Greenwashing

Two Sides was recently flooded with complaints from around the world about unsubstantiated anti-paper environmental claims used by Dropbox, Inc. to encourage the use of its digital services. In an email distributed globally, the digital document management and storage company claimed that “Less Paper = More Trees,” using Dropbox is “more earth-friendly,” and that people can “do their part for the planet” and “secure the future of forests” by using Dropbox. With nearly 17 million paying customers and millions more who use its free service, Dropbox’s misleading claims are damaging consumer and business decision-maker perceptions of paper’s environmental sustainability and threatening the livelihoods of millions of people in the global paper, printing and mail sector. Two Sides wrote to the company’s CEO urging Dropbox to stop using these types of deceptive environmental claims about paper. Now, we’re asking our members to amplify the urgency of our request with letters of your own.
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Workers want raises. Shippers want robots. The supply chain hinges on reaching a deal (latimes.com)

The immediate future of the global supply chain rests on a bargaining table in San Francisco, where the union representing all West Coast dockworkers is hashing out a new contract with the assembled bosses of maritime shipping. The current contract, which covers the International Longshore and Warehouse Union’s more than 22,000 workers at the 29 ports dotting the Pacific coast of the U.S., is set to expire July 1. At stake is the continuing flow of goods into the country, after two years of disruptions to the supply chain from pandemic lockdowns, material shortages, soaring fuel prices and the occasional giant ship getting stuck in the Suez Canal. Forty percent of all U.S. maritime imports pass through the West Coast ports, with more than 30% of all containerized imports arriving at the Ports of Los Angeles and Long Beach, which together make up the nation’s largest port complex.
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Chico’s FAS, Inc. Reports Better-than-Expected First Quarter Results

For the first quarter, net sales were $540.9 million compared to $388.0 million in last year's first quarter. This 39.4% improvement primarily reflects a comparable sales increase of 40.6%, partially offset by 29 permanent store closures since last year's first quarter. The 40.6% comparable sales improvement was driven by an increase in transaction count and higher average dollar sale. Gross margin was $216.6 million, or 40.0% of net sales, compared to $126.8 million, or 32.7% of net sales, in last year's first quarter. The 730-basis point improvement in gross margin rate primarily reflects higher average unit retail and full price sales combined with occupancy leverage that offset elevated raw material and freight costs. At the end of the first quarter, inventories totaled $325.6 million compared to $209.7 million at the end of last year's first quarter. The $115.9 million, or 55.3%, increase from last year's first quarter primarily reflects elevated on-hand inventories to align with higher consumer demand, an increase in in-transit inventories due to extended in-transit times in the global supply chain, strategic investments in basics and replenishment inventories, and higher average unit costs.
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Why Are Book Sales Slipping in Big Cities? (publishersweekly.com)

Since physical retailers started seeing a rebound in business after the plunge in sales in the early days of the pandemic, Barnes & Noble CEO James Daunt has often said that stores in urban areas are having the toughest time recovering. It turns out B&N is not alone in that regard. Kristen McLean, executive director of business development and industry analyst for NPD Books & Entertainment, noted that sales in most retail segments in big cities are having a difficult time making up the ground lost since 2019. Looking at books in particular, eight of the country’s 10 biggest book markets have seen their sales performances this year through May 14 trail the 15% increase in the overall market compared to the similar period in 2019, while many midsize markets have seen substantial gains, according to BookScan data. BookScan analyzed print unit sales from two vantage points: actual changes in sales in 2022 vs. 2019, and how sales in different DMAs (designated market areas) in 2022 vs. 2019 compare to the 15% increase posted by the overall market.
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Public consultations – Shape the FSC system!

The documents and changes being consulted on are: **Standard to define small and low-intensity forests to now include community forest FSC-STD-01-003 SLIMF & Community Forest Eligibility Criteria sets a generic threshold and definition for ‘SLIMF’ and ‘community forest.’ SLIMF and community forest thresholds are then able to be adapted to the national context. The main changes being consulted on include: *New definition for ‘community forest’ *Adding flexibility to national standard developers, even allowing for the threshold for SLIMF to be over 1000 hectares once there is justification in addition to stakeholder support provided. The consultation ends 13 June 2022. Learn more about the process here. Click read more below for details
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Novolex Unveils the ProWAVE Tote, a New Recyclable Bag That’s Perfect for E-Commerce

Hilex®, a Novolex® brand, announced the introduction of the ProWAVE® Tote, a new recyclable, reusable tote bag that makes e-commerce even more convenient for supermarkets, restaurants and retailers — as well as their customers. The innovative new bag, made with 20% recycled content, is designed for curbside pickup, home delivery or carryout use. The bag features folded handles and a double-ply top that provides stiffness so the bag stays open, making loading easier and more convenient. The rectangular bottom optimizes the use of storage in a vehicle’s trunk or back seating area. The reusable bag is ideal for hot, frozen or refrigerated items. “The ProWAVE Tote is carefully designed to meet the needs of e-commerce retailers and customers alike,” said Frank Lawson, Vice President of Sales for Novolex. “It makes life easier and more convenient for everyone.”
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Metsä Group’s 3D fibre product Muoto is a significant new initiative in the packaging market

Metsä Spring, Metsä Group’s innovation company, has launched a new 3D fibre product called Muoto®. Muoto has been produced at Metsä Group’s and Valmet’s demo plant in Äänekoski since May 2022, and is made of Metsä Group’s wood fibres. Muoto is a significant initiative in the packaging market. It is user-friendly, sustainable and scalable and features advanced technology. Using brand new technology, the products are pressed into their final form and their properties can be tailored during the production process according to the intended purpose. The raw material of Muoto grows in northern, sustainably managed forests and is fully traceable. Both renewable and recyclable, Muoto is a good alternative to fossil plastic, for example, in food packaging, including serving dishes or containers of various sizes and shapes. Packaging that is produced to meet a specific need is ideal for reducing food waste.
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Xerox Partners with the Arbor Day Foundation to Plant a Tree for Every Employee

In honor of World Environment Day, Xerox today announced a partnership with the Arbor Day Foundation to plant nearly 23,000 trees — one for each Xerox employee — contributing to the nonprofit’s global reforestation efforts while also educating employees on how they can make a meaningful difference for the environment. The partnership coincides with this year’s World Environment Day focus on the continuation of the UN Decade on Ecosystem Restoration, a global mission to revive billions of hectares, from forests to farmlands. “Partners like Xerox help us achieve the scale needed to drive meaningful impact through trees," said Dan Lambe, chief executive of the Arbor Day Foundation. “It’s going to take organizations of all types and sizes coming together to make a difference. We are grateful for their commitment.” The Arbor Day Foundation has worked to plant nearly 500 million trees over the past 50 years through efforts that improve forests and communities of greatest need worldwide.
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Stora Enso assesses growth opportunities in recycled packaging materials with a conversion in Langerbrugge

Stora Enso has started a feasibility study at its paper production site in Langerbrugge, Belgium, for the conversion of one of the two paper lines into a high-volume recycled containerboard line. Aligned with Stora Enso’s strategic focus on renewable materials, the investment would support the growth opportunity created by the increasing demand for recycled packaging board. Stora Enso’s Langerbrugge site currently has two paper lines in production, one for newsprint and one for supercalendared (SC) magazine paper. The feasibility study will focus on the conversion of the site’s newsprint paper line. The conversion would enable Stora Enso to further grow its recycled and recyclable packaging materials capacity and to meet the growing demand in end-use segments such as industrials, e-commerce, furniture and electronics. The feasibility study is expected to be finalised in the first half of 2023.
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Sappi Europe shares insight on its sustainability journey at PulPaper in Helsinki

Today we are all experiencing the serious impact of climate change. Sappi Europe, as a global company, is committed to pursuing a stringent decarbonisation plan to reduce detrimental effects on the environment. As part of its long-term global commitment to climate protection and sustainable production, the company has successfully converted many of its production sites to renewable energy. At its Kirkniemi Mill in Lohja, Finland, Sappi Europe has invested an amount in the double-digit millions which will enable the full conversion of its energy supply to renewable bioenergy. This investment will reduce the mill’s direct fossil greenhouse gas emissions by roughly 90 per cent, equivalent to 230 000 tonnes of carbon dioxide per year. “This is just one of many measures we are taking on our journey towards greater sustainability. We are committed to being part of the solution and are rigorously focusing on our decarbonisation plan,” confirms Marco Eikelenboom, CEO of Sappi Europe. Visitors to the PulPaper event in Helsinki will have an opportunity to find out more about how the company is achieving its goals to become sustainable and future-proof.
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Kohl’s Board of Directors Enters into Three-Week Exclusive Negotiations with Franchise Group

Kohl’s Corporation announced that following the receipt of final proposals, the Kohl’s Board of Directors has entered into exclusive negotiations with Franchise Group, Inc. (“FRG”), a holding company of a collection of market-leading and emerging brands, for a period of three weeks in relation to FRG’s proposal to acquire the Company for $60.00 per share. The purpose of the exclusive period is to allow FRG and its financing partners to finalize due diligence and financing arrangements and for the parties to complete the negotiation of binding documentation. The transaction remains subject to approvals of the Boards of Directors of both companies. There can be no assurances that any agreement will be reached or that a transaction will be agreed or completed on the terms set forth above or otherwise. The Company will have no further comment until an agreement is reached or the discussions are terminated.
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Over 93% First-Class Mail Delivered On-Time for 8 Consecutive Weeks

For eight consecutive weeks, more than 93 percent of First-Class Mail was delivered on-time. For the past 13 weeks, more than 94 percent of Marketing Mail was delivered on-time. Through the first eight weeks of the third quarter, the average time for delivery of mail and packages across the postal network remained just 2.4 days. Third quarter service performance scores covering April 1 through May 27 included: *First-Class Mail: 93.4 percent of First-Class Mail delivered on time against the USPS service standard, an increase of 5.6 percentage points from the fiscal second quarter. *Marketing Mail: 95 percent of Marketing Mail delivered on time against the USPS service standard, an increase of 2.8 percentage points from the fiscal second quarter. *Periodicals: 86.4 percent of Periodicals delivered on time against the USPS service standard, an improvement of 5 percentage points from the fiscal second quarter.
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ePac Announces Its Newest Location: Montreal, Canada

ePac Flexible Packaging, the industry leader in quick turn, short and medium run-length flexible packaging, has announced it will be adding a third location in Canada. Adding to operations in Vancouver and Toronto, ePac Montreal will serve CPG brands of all sizes throughout Quebec province, and its combined 3 Canadian locations will serve all of Canada. According to George Boustani, Managing Director of ePac’s Canadian operations: “Since opening ePac Vancouver in 2019 and Toronto in 2021, demand for our services has grown rapidly. To keep pace, we’ve decided to add a new sales and marketing location – ePac Montreal. In fact we are now accepting orders in Quebec, and fulfilling them from our other Canadian operations.”
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Doug Routley, Parliamentary Secretary for Forests, visits Catalyst Crofton to see $5.85 million of CleanBC funding at work

Paper Excellence is pleased to welcome Doug Routley, MLA for Nanaimo – North Cowichan and Parliamentary Secretary for Forests to its Catalyst Crofton mill today to see how the recently awarded $5.85 million of CleanBC funding will impact the operation. Catalyst Crofton’s GHG emission reduction project is a combination of three process improvements that will result in a significant reduction in total steam energy demand, resulting in decreased natural gas usage at the mill. The three areas of focus for this project are: 1. Re-engineering an unused diffusion washer with state-of-the-art diffusion washing technology to maximize the black liquor fuel quality while using less steam energy. 2. Investing in fibre filter equipment to remove valuable wood fibre from the black liquor fuel and increase the efficiency of the evaporation process. 3. Automate the cleaning process of Evaporator #3 to improve steam efficiency through reduced evaporator downtime.
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April Graphic Arts Employment—Print Production Up from March, Non-Production Down Slightly (whattheythink.com)

In March 2022, all printing employment was up +0.6% from March. This time, it was production employment that was up (+1.6%) and non-production employment that was down (-0.9%). One gets the sense that the industry’s attempts at recruiting production staff are generally succeeding: in April 2022, all printing employment was up +1.6% from March, with non-production employment down -0.9%. This is the reverse of what we saw in March. Publishing employment had been improving slightly over last summer, took a turn for the worse in the fall, and started to plateau at the end of the year. It was up a modest +0.6% in March, and now up another +0.4%.
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Tilly’s, Inc. Announces First Quarter Operating Results

Fiscal 2022 First Quarter Operating Results Overview *Total net sales were $145.8 million, a decrease of $(17.4) million or (10.7)%, compared to a Company first quarter record of $163.2 million last year. Total comparable net sales, including both physical stores and e-commerce, decreased by (13.0)%. *Gross profit was $43.8 million, or 30.1% of net sales, compared to $54.8 million, or 33.6% of net sales, last year. *Operating income was $1.1 million, or 0.8% of net sales, compared to $14.9 million, or 9.1% of net sales, last year. *Net income was $0.8 million, or $0.03 per diluted share, compared to a Company first quarter record of $11.0 million, or $0.36 per diluted share, last year.
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Diesel: It’s in the price of everything.

When the price of diesel goes up, the cost of everything else follows. Peak travel season is upon us and gasoline prices continue to soar. Americans are rightfully concerned as the cost of filling up their tank keeps going up at the pump. And while most may not pay as much thought to the price of diesel, the reality is that number weighs even heavier on their pocketbooks. Virtually every good you can think of travels by truck before it’s in your reach. And today’s trucks, by and large, run on diesel. The price of diesel is baked into the price of everything else, gasoline included. Right now, motor carriers are getting slammed by nightmarish surges in the price of diesel. It’s especially hard on smaller fleets, which don’t operate at a scale to negotiate rates down or lock prices into a contract. These small businesses account for 97% of trucking companies in the U.S., running 20 trucks or fewer.
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Novolex Introduces RollStar EZ Open Produce Bags

Hilex®, a Novolex® brand, today announced the launch of RollStar EZ Open Produce Bags that solve a vexing problem for shoppers: how to open a produce bag with sides that “stick” together. RollStar EZ Open Produce Bags come in different gauges and sizes for fruits and vegetables. Also available are RollStar bags designed for meat, fresh seafood and bakery items. The RollStar compact dispenser makes it simple for shoppers to take one bag at a time, reducing waste by ensuring they take only the bags they need. In addition to being easier to open, the new bags offer a number of other key features: *The Star Seal bottom bags are leak-proof and stronger than conventional flat seal bags; *The universal dispenser is narrow, fits in a variety of spaces and is compatible with most roll bags; *Custom fixtures and custom prints are available; *The bags are made at multiple manufacturing facilities, ensuring business continuity for single-source customers.
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Bristol University Press Launches New Unified Book and Journal Platform with KGL PubFactory

Bristol University Press, and its imprint Policy Press, have gone live on a new, integrated scholarly portal on the KGL PubFactory platform. Bristol University Press Digital now hosts its full collection of books and journals with global and social impact in a single site, searchable across all content types. A leading social science publisher committed to making a difference, Bristol University Press champions evidence-informed, bold thinking, from anywhere in the world that aims to address the global social challenges. In 2021, the publisher celebrated 25 years since Policy Press was established and 5 years since the creation of Bristol University Press. Via bristoluniversitypressdigital.com, the new platform provides access to over 1,400 books, 6,000 articles from 18 peer-reviewed journals, and eBook collections from across the social sciences that address global social challenges and support the UN Sustainable Development Goals, with exclusive access to the new, non-profit, Open Access Global Social Challenges Journal. As a rapidly expanding Press approximately 300 books and several new journals will be added each year.
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Print! (Even When Paper Supplies are Low) (jschmid.com)

Not enough paper for your catalog? Direct mail to the rescue! If catalogs are a main part of your marketing mix, then you know how valuable they are for driving sales and maintaining customer loyalty. But, with today’s supply chain challenges, you may be having trouble finding paper and press time for your full mail plan. The challenge with a catalog is that only a few printers do it well and it uses a fair amount of paper. With current capacity issues at printers and limited paper supply, it’s hard to get a catalog (or all of your catalogs) in the mail. So, what to do? Don’t stop mailing! According to the ANA 2021 Response Rate Report, direct mail drives the highest ROI for all media. Physical mail drives engagement so consider other forms of direct mail in place of the catalog. Learn more at: https://www.jschmid.com/blog/print-even-when-paper-supplies-are-low/
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Stora Enso launches premium white top kraftliner for demanding packaging end-uses

Stora Enso’s new 100% virgin fiber-based kraftliner, AvantForte WhiteTop, is now commercially available. The white top kraftliner targets demanding premium segments, such as fresh food, e-commerce, and shelf-ready packaging. AvantForte WhiteTop kraftliner is engineered to meet brand owners’ need for safe, high-performing, and plastic-free packaging. The new product will serve end-uses that require exceptional strength, purity, and visual appearance. Through Stora Enso’s patent-pending technology, Tri-Ply™, the product is equipped with three fiber layers to maximize its strength and help converters and brand owners use less material than with traditional kraftliners.
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USPS Delivery Network Improvement Plan Offers Potential to Expand Number of Electric Vehicles in Postal Fleet

The United States Postal Service announced it will soon publish a Notice of Intent to supplement its environmental impact statement (EIS) related to its Next Generation Delivery Vehicles (NGDV) plan. The decision comes as the Postal Service accounts for expected changes following a recently announced plan to improve the Postal Service’s delivery network. The plan to modernize and aggregate delivery operations will make delivery routes more efficient, which may affect the appropriate mix of vehicles to be procured for the Postal Service’s delivery fleet, including NGDV. “As I noted when we placed our initial NGDV delivery order, the Postal Service would continue to look for opportunities to further increase the electrification of our fleet in a responsible manner, as we continue to refine our operating strategy and implement the Delivering for America plan,” said DeJoy. “A modernized network of delivery facilities provides us with such an opportunity. This is the right approach —operationally, financially, and environmentally.”
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Gannett Announces Strategic Organizational Restructuring

Gannett Co., Inc. announced a strategic organizational restructuring with the creation of two new U.S. operating business units, Gannett Media and Digital Marketing Solutions (DMS), which will be led by Maribel Perez Wadsworth and Kris Barton as Presidents of each business respectively. The evolved corporate structure is designed to align Gannett’s subject matter expertise and resources with favorable growth opportunities. As President of Gannett Media, Wadsworth will oversee an expansive organization that prioritizes content, news, business-to-business (B2B) and commitment to subscribers while continuing to accelerate Gannett’s digital subscriber growth. As President of Digital Marketing Solutions, Barton brings a unique mix of business, design and technical acumen to the position. He is dedicated to growing DMS offerings as a differentiated marketing platform. He and his team will further the transformation of the DMS business to ensure loyalty from existing customers who value the platform while attracting new customers to engage with the available digital solutions.
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Contribute to the first public consultation for the revision of the French FSC forest management standard

As part of the revision process of the FSC forest management standard for continental France, FSC France has published its first public consultation, open to all until 18 July 2022. After a first phase of consultation with stakeholders in the regions and at national level in 2021, FSC France has set up a working group composed of environmental, social and economic organizations in order to improve its forest standard. The process includes two public consultations before validation by FSC International. The first consultation was published on 17 May 2022, and will be open to all until 18 July 2022 on the Consultation Platform, with the aim of collecting the opinions of all stakeholders interested in forest management on the proposals for the evolution of the FSC forest management standard.
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Public consultation: Argentine forest certification system

Stakeholders from around the world are invited to give feedback on the revised Argentine Forest Certification Scheme. Deadline for comments is 29 July 2022. Give your feedback. The Argentine Forest Certification System CERFOAR revised the country’s national forest certification system following the entry into force of the revised 2018 PEFC Sustainable Forest Management standard. The Argentine system was submitted to PEFC after being revised in line with PEFC requirements. The national system is now undergoing the PEFC assessment process, carried out by an independent PEFC Registered Assessor. It must pass this assessment to maintain its PEFC endorsement. An important aspect of the assessment process is the public consultation. Over the sixty-day consultation, stakeholders from around the world can give their comments and provide feedback on any aspect of the system. The Registered Assessor will use the information received from this consultation in their assessment of the system.
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Boosting Aluminum Can Recycling Rates in Europe and Beyond

Our commitment to strengthening the Circular Economy is illustrated by several goals in our Twentyby30 sustainability program, including increasing metal recycling rates in all our major markets. Ambitious targets have been set, from a 70% recycling rate in the U.S. by 2030, to 80% in EMEA in the same timeframe. We are collaborating with industry associations and other partners around the globe to achieve our goals. For example, together with other canmakers and aluminum suppliers, we are working closely with Every Can Counts (ECC) – an initiative to promote recyclability of metal containers among consumers.
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Greif Launches A New Lightweight Jerrycan in Brazil

Greif has launched a lightweight, high-performance jerrycan in Brazil suitable for packaging agrochemicals, chemicals, flavors, fragrances, and beverages. The JCR20L is almost 20 percent lighter than the standard 20-liter jerrycan. The reduced weight accommodates up to seven percent more jerrycans per pallet and 6.7 percent greater warehouse storage capacity. In addition, the lighter weight means lower collection costs for recycling. Internal analysis indicates that the combination of these factors amounts to a 25 percent reduction in CO2 emissions compared to the standard 20-liter jerrycan.
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Primex Plastics Reedsburg First Supplier Certified SGP Facility

The Sustainable Green Printing Partnership (SGP), the leading authority in sustainable printing certifications, announced that the Primex Plastics Corporation facility in Reedsburg, WI is the first supplier facility to become SGP certified. SGP has been certifying print facilities since 2008, but recently expanded the program to include supplier facilities. “Primex Reedsburg has been a dedicated supplier of printable plastics since inception in 1986 and a long-time supporter of SGP’s sustainability mission,” said Blake Pace, General Manager, Primex. “Having had a front row seat to view continuous improvement on the part of companies that participate in SGP, when the opportunity arose to seek certification ourselves under the expanded supplier certification, we jumped at the chance.”
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Sun Chemical to Increase Prices on Inks, Coatings, Consumables and Adhesives in North America

Sun Chemical will increase prices across its entire portfolio of packaging, commercial sheetfed and screen inks, coatings, consumables and adhesives in North America, effective immediately or as contracts allow. The inflationary environment in North America has continued to impact the ink industry. Global geopolitical events have caused sustained pressure on logistics availability and have increased the costs to unprecedented levels. The constrained accessibility to labor in the market has driven significant wage inflation while contributing to inefficiencies at manufacturing facilities.
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Kruger completes acquisition of Kamloops Pulp Mill

Kruger is pleased to announce that its affiliate Kruger Specialty Papers Holding L.P. today completed the acquisition of Domtar’s pulp mill in Kamloops, British Columbia. The Kamloops facility, which manufactures northern bleached softwood kraft pulp (NBSK) and unbleached softwood kraft pulp, will continue to operate as usual, honouring all existing volume commitments and agreements with customers and suppliers. The Mill’s 320 jobs will be maintained. In addition, Kruger intends to maintain ongoing initiatives to continue modernizing the Mill. This acquisition will also enable Kruger to secure the supply of high-quality pulp for some of its paper mills, including those in Quebec, where the Company is investing about $1 billion for the construction of two state-of-the-art tissue plants.
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Paper Excellence Canada Publishes Sustainability Report

Building Strong Relationships reviews 2021 and looks at both our achievements and our opportunities to do better. In particular, it highlights the work we did in building relationships with the Indigenous communities in whose traditional territories we operate and our corporate giving campaign which had a greatly increased budget in 2021. The report also looks at our environmental and economic impacts nationally and on a mill-by-mill basis. From an environmental standpoint, 85% of our total energy use was renewable in 2021 and we have continued to reduce our greenhouse gas emissions—now down by 66% since 1990. From an economic perspective, the total economic activity created by Paper Excellence Canada operations was $4.8 billion. “Paper Excellence Canada’s spent this last year putting our words into action and I’m proud of what we have achieved,” said Graham Kissack, Vice President, Environment, Health & Safety and Corporate Communications. “Our vision is to be a profitable, sustainable, and globally competitive fibre products provider that is environmentally and economically beneficial to all stakeholders and this year’s achievements have supported us in that aim.”
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Mondi teams up with EW Technology to launch new machine for paper pallet wrapping

Mondi, a global leader in packaging and paper, has collaborated with Austrian mechanical engineering company EW Technology to launch a new machine for paper pallet wrapping that is more efficient and sustainable on small-to-medium production lines. The two companies worked together to design the innovative machine, which fills a gap Mondi identified in the pallet wrapping market. Offering two settings, the machine can be fully automated to wrap up to 60 pallets every hour or semi-automated to wrap 10-15 pallets per hour. The machine takes a full reel of Mondi’s Advantage StretchWrap paper, allowing customers to replace the multi-layer plastic which is currently the industry standard for pallet wrapping. Advantage StretchWrap is 100% virgin paper, created with renewable materials and fully recyclable in existing paper waste streams across Europe. It contains no plastic or coating, but still ensures excellent strength and tension absorption.
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S&P Global Suspends 2022 Financial Guidance Due to Extraordinarily Weak Market Conditions for its Ratings Business

S&P Global is suspending financial guidance for the full year 2022. Macroeconomic conditions have deteriorated since S&P Global Inc. last provided financial guidance on May 3, 2022, negatively impacting the Company's expectations for GDP growth and debt issuance volumes. Given the volatility and uncertainty in the issuance environment, the Company cannot affirm its previously issued guidance and expects to reintroduce formal financial guidance in conjunction with its second quarter 2022 earnings results. Debt issuance volumes have been extraordinarily weak year-to-date. Should similar trends continue through the end of 2022, market issuance could see year-over-year declines in the high teens. Rated, or billed, issuance could be approximately 30-35% lower than the previous year, and leveraged loan volumes could be approximately 40% lower. In such a scenario, Ratings revenue could be negatively impacted by as much as $600 million relative to previous revenue guidance and the Company would expect Ratings adjusted operating margin in the high 50s range.
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Regional Forest Stewardship Standard for Smallholders in Indonesia approved

The standard becomes effective on 01 July 2022. This standard is for the use in plantations by smallholders in Indonesia (Management Units smaller than 20 ha) and applies to rough wood and Non-Timber Forest Products (NTFP). The standard has been written in simple language and provides realistic and achievable indicators relevant to the circumstances of smallholders in Indonesia. The Regional Forest Stewardship Standard (RFSS) in Indonesia is an adaptation of the approved RFSS for Asia Pacific for Smallholders in Indonesia, India, Thailand and Vietnam. The national adaptation for Indonesia has been developed and published to pilot test the indicators developed for specific circumstances in Indonesia. For more details on the scope, please refer to sections 1.3, 1.4 and 3.1 of the standard.
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3rd Better with Less – Design Challenge open for submissions with a jury of renowned packaging design experts

The Better with Less – Design Challenge 2022 is now open for submissions. The competition invites designers around the world to create the zero-waste packaging of the future and is open for submissions from 1 June to 1 December, 2022. A world-class jury of renowned package design experts will be looking for lighter, smarter, and circular solutions for some of the most common consumer packages. The competition is organized by a leading European paperboard producer Metsä Board, part of Metsä Group. “In the future, circular economy will guide all consumption. The need for packaging keeps growing, and we must use design in more innovative ways to respect the resources of our planet,” says the Better with Less – Design Challenge jury chairman Ilkka Harju, Packaging Services Director, EMEA and APAC at Metsä Board. “We are asking competition entrants to acknowledge the package’s entire lifecycle from efficient design to easy recycling and purposeful reuse – producing zero waste. It is huge responsibility, but also a brilliant playground for innovation,” he adds.
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Tetra Pak unites with start-ups, tech companies and academia to accelerate innovation for the future of food

Ahead of the United Nations World Food Safety Day Tetra Pak announced its new set of research collaborations and programmes to further accelerate efforts to address challenges facing food systems worldwide. The initiative is part of the company’s drive to nurture an innovation ecosystem to open new opportunities in the areas of food availability, safety and sustainability. According to the Food and Agriculture Organisation UN FAO, the world is in a very different place compared to six years ago, when it committed to the goal of ending hunger, food insecurity and all forms of malnutrition by 2030. The current reality is that we have not been progressing fast enough towards ensuring access to safe, nutritious and sufficient food for all people. As an example, over 2 billion people did not have access to enough safe and nutritious food in 2020.
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Checking Back in on the Paper Supply Shortage Impacting Printers (piworld.com)

Back in February, Dan Marx had the pleasure of speaking with three commercial printing providers to see how they were experiencing, and what the were doing to mitigate the effect of, the ongoing paper shortage. That piece, “Printing Companies Share Their Experiences with Paper Shortages and What They're Doing in Response”, was featured in Printing Impressions. As the paper crisis is much more a moving target than a moment in time, he reached back out to one of the printers, Christina Esparza, VP of operations for InfoIMAGE, a transactional printer (locations in Coppell, Texas, and Brisbane, California), to see how that company’s experience and approach has changed over the last three months.
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Sun Chemical and DIC Corporation to Globally Increase Prices on Color Materials Portfolio

Sun Chemical and the DIC Corporation will increase prices across select parts of its color materials portfolio, effective July 1, 2022 or as contracts allow. The price increase affects all market segments. Without signs of relief, the cost increase for key raw materials and packaging components as well as the inflationary pressure on manufacturing operations persist. Energy and logistics costs remain at historically high levels, and the uncertainties due to the Russia-Ukraine crisis and COVID-19 related lockdowns in China, are negatively affecting global value and supply chains. The ongoing escalations make it necessary for the company to increase prices for several product lines of its pigments, dyes and preparations portfolio. The price increases are in addition to those previously announced, including energy and transportation surcharges.
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How can over-the-counter brand-owners package their products sustainably?

To gain insight into brand-owner and converter perspectives on over-the-counter pharmaceutical and wellness product packaging, we recently conducted a study with key stakeholders in the field. Through these conversations, we discovered some confusion exists surrounding the sustainability of packaging materials. In this article, we will share some of our findings and help clarify some of the benefits and challenges of over-the-counter packaging sustainability. We will also cover results from an LCA study we recently conducted on fiber-based pharmaceutical packaging. For over-the-counter (OTC) product brand-owners, packaging is critical: high standards for quality and safety mean strict attention to protecting the product inside. On crowded shelves, it’s important to differentiate with packaging that attracts interest, reflects such high standards, and communicates vital information about the product. Furthermore, today’s over-the-counter brands and their retailers seek to improve the sustainability of their packaging and adapt to increasing e-commerce.
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AAP March 2022 StatShot Report: Publishing Industry Up 1.1% Year-to-Date

The Association of American Publishers (AAP) today released its StatShot report for March 2022 reflecting reported revenue for Trade (Consumer Books), Higher Education Course Materials, and Professional Publishing. The report does not include Pre-K revenue due to delays in data collection, but will be updated as soon as that data becomes available. Total revenues across all categories, excluding PreK-12, for March 2022 were down 4.2% as compared to March 2021, coming in at $804.4 million. Year-to-date revenues were up 1.1%, at $3.0 billion for the first three months of the year.
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USPS Continues To Deliver Strong Service Performance

Through the first seven weeks of the third quarter, the average time for delivery of mail and packages across the postal network remained just 2.4 days. Third quarter service performance scores covering April 1 through May 20 included: *First-Class Mail: 93.5 percent of First-Class Mail delivered on time against the USPS service standard, an increase of 5.6 percentage points from the fiscal second quarter. *Marketing Mail: 95 percent of Marketing Mail delivered on time against the USPS service standard, an increase of 2.8 percentage points from the fiscal second quarter. *Periodicals: 86.5 percent of Periodicals delivered on time against the USPS service standard, an improvement of 5 percentage points from the fiscal second quarter.
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Rayonier Advanced Materials Appoints De Lyle W. Bloomquist as President and Chief Executive Officer

Rayonier Advanced Materials Inc. announced that De Lyle W. Bloomquist has been appointed President and Chief Executive Officer of the Company, effective immediately. Mr. Bloomquist succeeds Vito J. Consiglio, who has stepped down as President and Chief Executive Officer of the Company, and as a member of the Company’s Board of Directors (the “Board”), with the mutual agreement of the Board. In connection with Mr. Bloomquist’s appointment, the Board named Lisa M. Palumbo as Non-Executive Chair of the Board. Mr. Bloomquist has served on the Company’s Board since 2014 and was named Non-Executive Chair of the Board in May 2020. He has decades of domestic and international leadership experience in the chemicals, minerals and materials industries, including in finance, sales, logistics, operations, IT, strategy and business development capacities. Mr. Bloomquist most recently served as a partner at Windrunner Management Advisors LLC, a management advisory services business, and prior to that served as the President, Global Chemical Business of Tata Chemicals Limited, and President, CEO and Director of Tata Chemicals North America Inc.
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Ulta Beauty Announces Record First Quarter Fiscal 2022 Results

For the First Quarter of Fiscal 2022 *Net sales increased 21.0% to $2.3 billion compared to $1.9 billion in the first quarter of fiscal 2021 due to the favorable impact of fewer COVID-19 restrictions compared to the first quarter of fiscal 2021. *Comparable sales (sales for stores open at least 14 months and e-commerce sales) increased 18.0%, driven by a 10.0% increase in transactions and an 7.3% increase in average ticket. *Gross profit increased to $941.0 million compared to $753.8 million in the first quarter of fiscal 2021. As a percentage of net sales, gross profit increased to 40.1% compared to 38.9% in the first quarter of fiscal 2021, primarily due to leverage in fixed costs, strong growth in other revenue, and favorable channel mix shifts, partially offset by lower merchandise margin. *Operating income increased to $437.7 million, or 18.7% of net sales, compared to $305.3 million, or 15.8% of net sales, in the first quarter of fiscal 2021. *Net income increased to $331.4 million compared to $230.3 million in the first quarter of fiscal 2021.
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Gap Inc. Reports First Quarter Fiscal 2022 Results

First Quarter Fiscal 2022 - Financial Results: *Net sales of $3.5 billion, down 13% compared to last year. *Net sales growth in the first quarter fiscal 2022 was negatively impacted by an estimated 5 percentage points related to lapping the benefit of stimulus last year and approximately 3 percentage points from divestitures, store closures, and the transition of the company’s European business to a partnership model. *Comparable sales were down 14% year-over-year. *Store sales declined 10% compared to last year. The company ended the quarter with 3,414 store locations in over 40 countries, of which 2,825 were company operated. *Gross margin was 31.5%, 930 basis points lower than last year. *Operating loss was $197 million in the quarter; operating margin of negative 5.7%. *Net loss of $162 million
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UPM Raflatac accelerates its growth in label materials and enters new product segments by acquiring AMC AG

UPM Raflatac has signed an agreement to acquire AMC AG, a Germany-based company. This acquisition accelerates growth and expands the product offering of UPM Raflatac. Both parties have agreed not to disclose the purchase price or other transaction details. The transaction is expected to be closed latest in Q3, 2022. The closing of the acquisition is subject to regulatory approvals. With this acquisition, UPM continues in its strategic path, adding to the organic growth in the attractive specialty packaging material value chain and strengthens the company’s transformation and long-term value creation in one of its three spearheads of growth. AMC AG, founded in 1996 with roots going back to 1959 is a private company with long-term private owners. The company has two production sites Kaltenkirchen and Hagenow in Northern Germany. AMC’s business includes coating of pressure sensitive filmic labelstock and Viscom/Graphics materials under the Intercoat brand, and removable self-adhesive stationary products under the brand names Global Notes and Print Inform. The company employs more than 300 people and the latest financial year sales of AMC AG was EUR 110 million. UPM Raflatac expects to accelerate AMC’s growth and realize significant synergies.
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Canfor Provides Update on Operating Schedules for Western Canadian Sawmills

Canfor Corporation is announcing the continuation of reduced operating schedules at its Western Canadian sawmills due to the ongoing global supply chain challenges. The Company has been operating at approximately 80% of production capacity since late March 2022. In addition, the Company will be implementing two weeks of rotating downtime across its primary sawmills in July and August, which will help align production capacity with the sustainable timber supply and transportation availability. The Company will use this downtime to complete maintenance projects and other site activities to help mitigate the impact on employees. These capacity reductions are expected to result in an incremental impact of approximately 275 million board feet by the end of August, in addition to the 100 million board feet reduction previously announced on March 30th.
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Paddock Enterprises, LLC Plan of Reorganization Confirmed by U.S. Court

Paddock Enterprises a wholly owned subsidiary of O-I Glass, Inc. , announced that an order confirming its Plan of Reorganization was entered by the United States Bankruptcy Court for the District of Delaware, paving way to the implementation of the Plan and the final stage in the Chapter 11 process. “We are pleased to have achieved this significant milestone resolving Paddock’s legacy liabilities in a manner that is fair and equitable, and provides finality for the company moving forward,” said Andres Lopez, CEO of O-I Glass. “The broad support for the Plan among Claimants is indicative of the positive outcome it delivers to all parties. We look forward to implementing the final steps in the Chapter 11 process following this confirmation by the Bankruptcy Court.”
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Konica Minolta Announces New Inline Saddle-stitch Booklet Maker

Konica Minolta Business Solutions U.S.A., Inc. announced it has extended its partnership with the Plockmatic Group to launch the powerful and versatile SD-435/450 booklet maker. This brings a cost efficient solution for heavy production finishing to low and mid-sized Centralized Reprographic Departments (CRD) and commercial print environments. Plockmatic Group’s inline platform introduces architecture that enables new features for the first time in the low-to-mid volume market segments across Konica Minolta’s AccurioPress mono and color production machines. The inline versions of the SD-435/450 will be exclusively sold by Konica Minolta throughout 2022. The new system architecture enables customers to produce high-quality booklets including 8.5” x 11” landscape and has all the key processes needed to produce corner and edge staple, folding, spine forming and full bleed trimming, all combined in one single, easy-to-use system.
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Total U.S. Printing-Writing Paper Shipments Essentially Flat in April 2022

The American Forest & Paper Association (AF&PA) released its April 2022 Printing-Writing Monthly report. According to the report, total printing-writing paper shipments remained essentially flat (+0.3 percent) in April compared to April 2021. Total printing-writing paper inventory levels increased one percent when compared to March 2022. U.S. purchases of uncoated free sheet (UFS) papers in April increased one percent compared to last April while the inventory level increased one percent compared to March 2022. UFS imports increased 12 percent while exports decreased 26 percent in March 2022. Coated free sheet (CFS) paper shipments increased five percent compared to April 2021 while the inventory level increased two percent compared to March 2022. CFS imports increased 16 percent while exports decreased ten percent in March 2022. U.S. purchases of coated mechanical (CM) papers in April decreased 21 percent compared to last April while the inventory level increased six percent compared to March 2022. CM imports and exports both decreased compared to March 2021, down 21 percent and nine percent respectively. Uncoated mechanical (UM) paper shipments increased 15 percent compared to April 2021 while the inventory level increased one percent compared to March 2022. UM imports increased 13 percent while exports remained essentially flat (-0.1 percent) in March 2022.
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Monadnock Paper Mills, Inc. Announces New Sales Executive

Carol Hoffman Schoedinger has joined Monadnock Paper Mills, Inc. as Senior Sales Manager. Ms. Schoedinger will have responsibility for selling Monadnock’s full suite of sustainable printing, packaging and technical/specialty papers in the U.S. Midwest. Prior to joining Monadnock, Ms. Schoedinger held a range of sales and business development roles with WestRock, Evergreen Packaging and Appleton Coated. She has a breadth of experience in the paper industry and a strong understanding of the needs of the print design community. Her strengths include developing long standing partnerships and exceeding customer expectations through creative graphic solutions.
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Solenis Acquires Neu Kimya Anonim Sirketi, Providing Regional Expansion in High-Growth Southeastern Europe

Solenis, a leading global producer of specialty chemicals, closed on the acquisition of Neu Kimya Anonim Şirketi on May 26, 2022. Located in Istanbul, Turkey, Neu Kimya serves the heavy/light water treatment and oil and gas markets in Turkey, Southeast Europe and the Middle East. The acquisition of Neu Kimya fits well with Solenis’ direct-to-market strategy and will offer customers in the region improved product and service offerings. "This new acquisition adds to our strategic growth plan following our recent ownership change to Platinum Equity," said John Panichella, CEO, Solenis. "With the ongoing support from the Platinum Equity team, we continue to proactively seek other opportunities for similar acquisitions that enhance our ability to serve customers."
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Macy’s, Inc. Reports First Quarter 2022 Results

*Comparable sales up 12.8% on an owned basis and up 12.4% on an owned-plus-licensed basis *Diluted EPS of $0.98 and Adjusted diluted EPS of $1.08 *Increased financial flexibility through a number of financing transactions *Repurchased $600 million of shares under $2 billion share repurchase program *Reaffirmed annual sales guidance and raised Adjusted diluted EPS guidance
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JR Dimensional Wins Best of Show in GLGA’s 2022 Graphics Excellence Award Competition

The Celebrations are the culmination of the annual GEA competition, which recognizes companies throughout Illinois, Indiana and Wisconsin for superb craftsmanship in the design, creation and production of outstanding printed projects they produce for their customers. More than 200 people gathered in Milwaukee, Wisconsin, and Addison, Illinois, on May 25 for two simultaneous awards ceremonies to celebrate another spectacular year of print in the three-state region. Best of Show, the competition’s highest honor, was awarded to JR Dimensional of Milwaukee, Wisconsin, for their entry in the Booklets (4 or more colors) category entitled Cramer-Krasselt Taycan Book and Sleeve FF. One judge said, “Not often a printed piece can be described as electrifying.” First Runner-Up was awarded to Schumann Printers of Fall River, Wisconsin, for Blue Ocean Traders Spring and Summer 2022 in the Product Catalogs (4 or more colors) category. From the Calendars category, LCP, Waukegan, Illinois, won Second Runner-Up accolades for their Lake County Press 2022 Calendar.
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Ogden Newspapers To Acquire Indiana’s KPC Media (mediapost.com)

Ogden Newspapers is acquiring KPC Media, the publisher of numerous publications in northeast Indiana, the firm has announced. Terms were not disclosed. Conducted in partnership with Journal Gazette Co. and its Fort Wayne Newspapers, the purchase follows Ogden’s acquisition last year of Swift Communications, publisher of newspapers in Colorado, Utah and California markets. The KPC purchase includes three dailies: The News Sun, Kendallville; The Herald Republican, Angola; and The Star, Auburn.
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Sustainable Forestry Initiative Chain of Custody Standard achieves PEFC endorsement

The Sustainable Forestry Initiative (SFI) 2022 Chain of Custody Standard has met our rigorous third-party assessment and is PEFC endorsed. Organizations certified to SFI’s 2022 Chain of Custody standard can now apply the PEFC on-product label and make PEFC claims, giving them more options to meet customer demand around the world. “SFI makes important contributions that address the needs of North America’s forests and communities and is a valuable national member working with PEFC to elevate the role of sustainable forestry,” said Dr. Michael Berger, Acting Secretary General of PEFC. “Only chain of custody certification standards that meet our rigorous criteria and that are developed in an open, transparent manner through a multi-stakeholder process are endorsed by PEFC.” The SFI 2022 Chain of Custody Standard was endorsed after a 60-day international public consultation period and a detailed examination that included a third-party assessment by an independent assessor.
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ProAmpac Acquires Specialty Packaging, Inc.

ProAmpac, a leader in flexible packaging and material science, announced that it has acquired Specialty Packaging, Inc., a family-owned manufacturer of specialty paper, film and foil packaging products for the fast food and food services industries. The addition of Specialty Packaging’s complementary product portfolio and manufacturing capabilities extends ProAmpac’s reach with food service customers and expands its footprint to the southwestern United States.Based in Fort Worth, Texas, Specialty Packaging is a leading provider of paper, film, foil bags, sandwich wraps, basket liners and other custom products for longtime blue-chip fast food and food service brands. The company produces custom and stock paper, film and foil products from its state-of-the-art 100,000 square-foot facility. With this acquisition, ProAmpac broadens its portfolio of highly customized, recyclable food packaging solutions and increases its paper bag converting capacity.
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Stretch Films Wins TUG Award, Preps for Remington Plant Startup in June

The United Group (TUG) National Conference, held in Orlando, FL, awarded Stretch Films the Supplier Industrial Gold Award on April 29. Marketing Manager Ronald Casalino on behalf of the AmTopp Division business unit. The TUG supplier award arrived only a few weeks before the June startup of AmTopp new stretch film lines at its Remington, IN plant, which is a replicate of its sister facility in Phoenix. The capacity of the plant is about 50 million pounds per year. “On the eve of starting up our new Remington plant’s extrusion lines, this award reinforces our confidence as we continuously expand the stretch film business. In turn, the new capacity in Indiana will help us better serve our distributor partners,” said Hsieh.
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Euro-Graph Publishes Monthly Statistics of the European Graphic Papers Industry

Total European shipments of graphic papers in March 2022 were down 11.1% vs. March 2021 and are down 7.0% year-to-date. Total European shipments of newsprint in March 2022 were down 11.1% vs. March 2021 and are down 4.5% year-to-date. Total European shipments of sc-magazine in March 2022 were down 12.0% vs. March 2021 and are down 7.2% year-to-date. Total European shipments of coated mechanical reels in March 2022 were down 18.8% vs. March 2021 and are down 15.7% year-to-date. Total European shipments of uncoated mechanical (improved & others) in March 2022 were down 11.9% vs. March 2021 and are down 8.6% year-to-date. Total European shipments of coated woodfree in March 2022 were down 4.6% vs. March 2021 and are UP 3.2% year-to-date. Total European shipments of uncoated woodfree in March 2022 were down 10.0% vs. March 2021 and are down 9.6% year-to-date.
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Unpacking Continuously High Paper Recycling Rates

The numbers are in! Paper is, once again, one of the most recycled materials in the U.S. Our industry has maintained continuously high recycling rates for more than a decade. In 2021, the paper recycling rate climbed to 68%, a rate on par with the highest rate previously achieved. The recycling rate for old corrugated containers (OCC) – you know these as cardboard boxes – was also an impressive 91.4%. More than 50 million tons of paper was recovered for recycling in 2021. That amount could fill rail cars stretching from New York to Los Angeles three times! The paper recycling rate has met or exceeded 63% since 2009.
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Klabin launches EkoFlex, a product for flexible packaging

Klabin, Brazil’s largest producer and exporter of packaging paper, and the leader in the corrugated board packaging and industrial bags segments, takes another important step in its business strategy with the announcement of EkoFlex, its first paper for flexible packaging. The solution is targeted at diverse segments, such as food, hygiene, cleaning and pharmaceuticals, and helps to significantly reduce the use of plastic across the consumption chain. EkoFlex is produced from softwood (pine), resulting in an extensible paper with lower grammage, which offers better performance and greater resistance, with application in diverse market segments, especially in flexible packaging options such pillow bags, flow packs, stand up pouches and box pouches. EkoFlex is produced from Klabin paper, with feedstock from renewable sources derived from planted and certified forests. It is a repulpable and recyclable solution that is also certified for contact with food. The product is already available for sale in both the Brazilian market and for exports.
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Kohl’s Commitment to Driving Growth Supported by Increased Investments in Stores

Kohl’s is deeply committed to its retail footprint and is evolving its real estate approach to match the changing industry landscape and customer needs. Over the next three years, Kohl’s will increase its investment in store strategies that will improve the store experience for customers and associates, and over the next four years, about 100 new, smaller format stores will open in markets previously untapped by Kohl’s physical presence. “Kohl’s began with roots as a brick-and-mortar company, and these 60 years of experience have set the company up to become a leading omnichannel retailer,” said Mark Griepentrog, Kohl’s chief property officer. “Our strong and productive off-mall store base can continuously evolve with our customer’s expectations and demand, and we see substantial opportunities to leverage our real estate in producing long-term growth.”
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Nordstrom Reports First Quarter 2022 Earnings

For the first quarter, net sales increased 18.7 percent versus the same period in fiscal 2021, exceeding pre-pandemic sales levels, and gross merchandise value ("GMV") increased 19.6 percent. During the quarter, Nordstrom banner net sales increased 23.5 percent and GMV increased 24.8 percent. Net sales for Nordstrom Rack increased 10.3 percent and continued to show sequential improvement towards pre-pandemic sales levels.
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URBN Reports Q1 Results

Urban Outfitters, Inc. announced net income of $32 million and earnings per diluted share of $0.33 for the three months ended April 30, 2022. Total Company net sales for the three months ended April 30, 2022, increased 13.4% over the same period last year to a record $1.05 billion. Total Retail segment net sales increased 12%, with comparable Retail segment net sales increasing 11%. By brand, comparable Retail segment net sales increased 18% at the Anthropologie Group, 15% at the Free People Group and 1% at Urban Outfitters. Wholesale segment net sales increased 6%, driven by a 9% increase in Free People Group wholesale sales. Nuuly segment net sales increased by $15.0 million driven by a significant increase in our subscriber base. “We are pleased to announce record Q1 sales driven by an 11% Retail segment ‘comp’,” said Richard A. Hayne, Chief Executive Officer. “Unfortunately, the impact of inflation on our costs of doing business more than offset the benefit of record revenues,” finished Mr. Hayne.
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ATA Truck Tonnage Index Fell 2% in April

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 2% in April after rising 1.8% in March. In April, the index equaled 115.8 (2015=100) versus 118.2 in March. “After eight straight gains totaling 6.9%, for-hire tonnage finally slid back in April. Despite being the largest sequential drop since August 2020, the index was still above where it started in 2022 and a year earlier,” said ATA Chief Economist Bob Costello. “It is important to note that ATA’s for-hire tonnage data is dominated by contract freight with minimal amounts of spot market loads. The spot market has softened more than for-hire contract freight, as the market transitions back to pre-pandemic shares of contract versus spot market," Costello said.
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Metsä Group’s and Valmet’s 3D fibre product demo plant is now operating

The operations at Metsä Group’s and Valmet’s 3D fibre product demo plant in Äänekoski has begun. At the end of 2020, Metsä Group’s innovation company Metsä Spring and Valmet announced they would be investing a total of approximately 20 million euros in the demo plant. The demo plant is part of Metsä Group’s integrated mill site in Äänekoski, and it produces finished 3D fibre packaging products directly from wet pulp without intermediate phases. The moulded fibre-based packaging can replace plastic for example in food packaging. The demo plant currently employs approximately ten people. “Our fibre-based packaging products are a significant new initiative in the global packaging market. The novelty in our products include their layered structure, which, in turn, allows their production in a raw material and energy efficient manner applying a highly automated production process. The layered structure also allows the products to be easily modified for different purposes. The customers’ reception of the new product has been very positive. We know we’re on the right path,” says Metsä Group’s project lead, VP, Jarkko Tuominen.
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Smurfit Kappa invests over 35 million euro in first Moroccan plant

Smurfit Kappa, one of the world's largest paper-based packaging companies, has announced the construction of a new packaging plant in Morocco, its first corrugated plant in the country. Located in Rabat and covering an area of 25,000 m2, it will enable Smurfit Kappa to supply innovative and sustainable packaging solutions quickly and efficiently to its local customer base. The plant will create packaging for sectors including industrial, agriculture, FMCG, automotive, pharma and ceramics and serve both local customers and multinationals based in Morocco. In a market where the demand for corrugated packaging currently exceeds supply, the new plant will play an important and strategic role.
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Total U.S. Packaging Papers & Specialty Packaging Shipments Decreased Two Percent in April 2022

The American Forest & Paper Association (AF&PA) has released its April 2022 Packaging Papers & Specialty Packaging Monthly report. According to the report, total packaging papers & specialty packaging shipments in April decreased two percent compared to April 2021. They were up one percent when compared to the same four months of 2021. The operating rate in April 2022 was 94.0 percent, up 1.4 points from April 2021 and up 1.3 points year-to-date. Mill inventories at the end of April decreased 6,000 short tons from the previous month, and were down 8,000 short tons compared to April 2021.
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Monadnock Paper Mills Your Trusted Supply Chain Partner in Paper

We appreciate your trust in Monadnock as your partner and supplier and want to thank you for your patience and understanding as we navigate all of the unprecedented challenges relative to fulfilling your paper needs. Nothing could fully prepare any of us for the appearance and consequences of COVID-19 in 2020, nor did anyone comprehend the domino effect that would ensue relative to the availability of essential raw materials – specialty chemicals, fiber and adhesives, available converting capacity, logistics and transportation issues, and labor shortages. We are actively managing the challenges we face, providing transparency, and continuing to deliver results for all of our customers. Despite facing longer manufacturing lead times, we are leveraging our long-standing supply chain relationships to deliver what you need.
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Stora Enso and Modvion partner to expand the use of wood for wind turbine towers

Stora Enso and wood technology company Modvion are partnering to establish wood as the material of choice for wind turbine towers. The collaboration’s purpose is to demonstrate the vast possibilities in using wood in demanding constructions. Modvion builds wind turbine towers with laminated veneer lumber (LVL), which proportionate to its weight is stronger than steel. Stora Enso is a leading supplier of mass timber products, including LVL. The towers are built in lightweight modules, enabling taller towers and easy transportation on public roads without permits or road reconstructions. Taller towers reach stronger winds, leading to more cost-efficient energy production.
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UPM Raflatac RAFNXT+ is the world’s first CarbonNeutral® certified label material

Global consumer brands are facing increasing pressure from governments and consumers to improve their sustainability. Reducing the footprint of packaging and labelling is one critical area where sustainability can be improved. Compensating for today’s unavoidable emissions, UPM Raflatac has announced that RAFNXT+ is the world’s first CarbonNeutral® certified label material. Sustainable packaging and carbon neutral labelling, clearly explaining both the packaging and the labelling’s sustainable components, are increasingly seen as an important step to encourage consumers to purchase more sustainable products. To help their many customers take positive climate action, in 2019, UPM Raflatac announced that RAFNXT+ was the world’s first label material verified by the Carbon Trust to reduce its carbon footprint and help mitigate climate change. Now, the company has taken a step further and has introduced its RAFNXT+, the world’s first CarbonNeutral® label material certified as a CarbonNeutral® product by Natural Capital Partners.
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Landa S10P Nanographic Printing Press Advances Quad’s Innovative In-Store Solutions

Landa Digital Printing™ and Quad announced that Quad is adding the Landa S10P Nanographic Printing® Press to its In-Store Solutions production lineup. The Landa S10P, equipped with a powerful digital front end, introduces a new standard in printing speed, format, efficiency and data-driven digital applications; expanding the digital capabilities for B1-format printing and offering unlimited variable print options at very fast speeds and at the highest quality available. The S10P supports Quad’s unique “through the line” offering for marketers – from strategy and creative through production, execution, and analytics for marketing that is more efficient and effective. Today, with people living, working and learning from anywhere, marketing that is delivered at the right amplitude for customer response and engagement is essential. Key to Quad’s multidimensional marketing approach is removing friction in the marketing process, clearing the way for deeper and better customer engagement across channels. One very effective retail marketing strategy is to utilize two strong application segments – in-store and personalized customer engagement – both of which mandate supreme print quality that only the Landa press can provide.  
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Unique collaboration wins at EUROSAC Grand Prix: sustainable bag based on sugar beet pulp

A paper bag that is strong, food safe, recyclable, compostable and both offset and flexo printable. Due to a unique synergy in the value chain, five partners have created this sustainable and innovative solution. The icing on the cake: winning two prizes at the EUROSAC Grand Prix 2022: Bronze and Public Choice Award! Crown Van Gelder is constantly exploring ways to produce paper more sustainably. One of the methods to do this is to replace wood fiber by alternative fiber, such as sugar beet pulp - a result of Cosun Beet Company’s sugar production. Together, Cosun Beet Company, Novidon (also a Cosun company) and Crown Van Gelder developed the sustainable Crown Native sugar beet paper, which was then printed and made into bags by Fiorini and used by DLF. For this unique effort, the collaboration was awarded with the EUROSAC Grand Prix 2022. Grass seed producer and brand owner DLF was looking for a more sustainable, paper-based alternative for its 15 KG bag to reduce the company’s environmental impact, the search led them to Crown Van Gelder. Together with DLF’s bag producer Fiorini, Cosun Beet Company and Novidon developed an open mouth bag consisting of three layers of Crown Native paper and using paper sack glue Novinexx CPB from Novidon.
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Abercrombie & Fitch Co. Reports First Quarter Results

A summary of results for the first quarter ended April 30, 2022 as compared to the first quarter ended May 1, 2021: *Net sales of $813 million, up 4% as compared to last year. *Gross profit rate of 55.3%, down approximately 810 basis points as compared to last year. The year-over-year decline is driven by approximately $80 million of higher freight costs, partially offset by higher average unit retail on lower promotions. *Operating expense, excluding other operating income, net, was up 5% compared to last year. Approximately half of the increase was due to the lapping of COVID-related rent abatements and payroll credits last year, and the other half due to an increase in marketing and digital fulfillment expenses. Operating expense as a percentage of sales increased to 56.9% from 56.2% last year. *Operating loss of $10 million and $6 million on a reported and adjusted non-GAAP basis, respectively, as compared to operating income of $57 million and $60 million last year, on a reported and adjusted non-GAAP basis, respectively.
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Best Buy Reports First Quarter Results

Domestic revenue of $9.89 billion decreased 8.7% versus last year primarily driven by a comparable sales decline of 8.5%. Domestic gross profit rate was 21.9% versus 23.3% last year. The lower gross profit rate was primarily due to: (1) lower services margin rates, including pressure associated with the Best Buy Totaltech membership offering; (2) lower product margin rates, including increased promotions; and (3) higher supply chain costs. These pressures were partially offset by higher profit-sharing revenue from the company’s private label and co-branded credit card arrangement. Domestic GAAP SG&A was $1.74 billion, or 17.6% of revenue, versus $1.84 billion, or 16.9% of revenue, last year. International revenue of $753 million decreased 5.4% versus last year. This decrease was primarily driven by the exit of operations in Mexico in FY22 and a comparable sales decline of 1.4% in Canada. International GAAP gross profit rate was 24.3% versus 23.7% last year.
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Walmart Bringing the Convenience of Drone Delivery to 4 Million U.S. Households in Partnership with DroneUp

We continue to expand our delivery operations to help customers get the items they need when they need them, and it’s been an exciting journey. From Express delivery, where customers can have items delivered to their doorsteps in as little as two hours, to InHome, where they can get those orders placed right into their refrigerators, we’re proud to offer customers multiple options that help them save time and money. One solution we’ve been working on over the last year is delivery via drone. Today we’re announcing we’ll be expanding our DroneUp delivery network to 34 sites by the end the year, providing the potential to reach 4 million U.S. households across six states – Arizona, Arkansas, Florida, Texas, Utah and Virginia. This provides us the ability to deliver over 1 million packages by drone in a year.
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Flint Group Flexible Packaging Europe will increase prices effective from June 2022

Escalating costs continue to be seen across a number of raw material categories with no sign of improvement – binders, additives, pigments, solvents and other materials continue to rise in cost. Inflation is now worsening across multiple spend categories and an already problematic supply chain climate continues to experience significant disruption. Jesper Bødtkjer, Vice President and General Manager – Flint Group Packaging Europe reflects, “The emphasis we place on supply reliability has a significant financial implication on our business. Throughout these unparalleled times, we have sought to take a phased, incremental approach to pricing adjustments. However, the expected softening of raw material prices has not occurred, costs continue to rise aggressively and therefore we are forced to raise prices.”
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Tetra Pak tests an industry-first: a fibre-based barrier to replace the aluminium layer

Following the successful completion of a 15-month commercial technology validation of a polymer-based barrier replacing the aluminium layer, Tetra Pak is now moving to the next level of development - testing a fibre-based barrier that is a first within food carton packages distributed under ambient conditions. This step marks yet another breakthrough in the company’s long-term roadmap towards developing an aseptic package that is fully renewable, fully recyclable and carbon-neutral. The aluminium layer currently used in food carton packages plays a critical role in ensuring food safety; and even though it is thinner than a human hair, it contributes to a third of the green-house gas emissions linked to base materials used by Tetra Pak.
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Sun Chemical Expands SunColorBox Offering with the Launch of SunConnect

Sun Chemical has launched SunConnect, the latest complementary solution to SunColorBox, designed for the flexo corrugated printing market. SunConnect is an accurate and digital color communication tool that will enable converters to communicate color match request and quality control data on press directly from a smartphone, tablet, or desktop. It is an entry level digital color management solution giving converters the opportunity to upgrade in future to Sun Chemical’s SunColorBox – a unique set of tools and services that enables consistent and accurate digital color communication throughout the entire packaging supply chain. These applications and services are aimed at supporting packaging printers and converters produce brand colors consistently, anywhere in the world, within a fully optimized digital process.
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New York student won BillerudKorsnäs’ packaging design competition PIDA

Emily Frieden from the Fashion Institute of Technology in New York triumphed in USA Packaging Design Impact Award (PIDA) and earned this year’s Gold Award. Her entry “Lavash” impressed the jury most with its “attention to detail in every aspect of the brand, design, and execution.” Lavash is a volcano-shaped package for a shower set. The design features all stages of volcanic activity – dormant, active, and extinct. Even the typography mimics volcanic eruptions. “When I was researching different elements of nature I was really inspired by the juxtaposition of the restorative parts of volcanoes,” says Emily Frieden. “It’ s just cool, fun, nature. I thought there’ s a lot I can do there, how I can bring that experience to packaging. It was a lot of fun.” At PIDA, design students from universities and colleges from seven countries compete with their creative packaging designs. The competition is organized as five separate events: the USA, Sweden, France/Belgium, the UK, China*, and Germany/Austria. The winners of the Gold Award at each event will meet in a Grand Finale at Luxe Pack Monaco in October.
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Mondi and beck packautomaten launch FunctionalBarrier Paper solution dedicated to automated eCommerce packaging

Mondi has collaborated with German machine supplier beck packautomaten to create a functional paper solution that has the potential to revolutionise eCommerce by replacing plastic packaging and creating right-sized packaging for a wide range of products. Mondi’s FunctionalBarrier Paper is 95% paper and features enhanced barrier properties to guarantee premium product protection against water vapour and moisture. This is essential for many products being shipped, including electronic goods. The paper is made with a higher strength, enabling it to carry heavier items without breakage. It is responsibly sourced, made of renewable materials and recyclable in existing recycling streams throughout Europe. Beck’s automated packing machine ensures that products of different sizes are packed according to their requirements. The machine measures the packed goods and calculates the paper needed, reducing excess usage of the material and thereby minimising waste and costs. Stable sealing of Mondi’s paper on all four sides of the packaging ensures that it meets logistics requirements and protects goods in transit - as successfully proven during tests in Mondi’s ISTA certified lab in its Bupak plant.
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Average Time for Delivery Remains at Just 2.4 Days

Through the first six weeks of the third quarter, the average time for delivery of mail and packages across the postal network remained just 2.4 days. Third quarter service performance scores covering April 1 through May 13 included: *First-Class Mail: 93.4 percent of First-Class Mail delivered on time against the USPS service standard, an increase of 5.6 percentage points from the fiscal second quarter. *Marketing Mail: 95.0 percent of Marketing Mail delivered on time against the USPS service standard, an increase of 2.8 percentage points from the fiscal second quarter. *Periodicals: 86.7 percent of Periodicals delivered on time against the USPS service standard, an improvement of 5.2 percentage points from the fiscal second quarter.
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Argentine forest certification system submitted for assessment

The Argentine Forest Certification System CERFOAR revised the country’s national forest certification system following the entry into force of the revised 2018 PEFC Sustainable Forest Management standard. To provide you with additional information, we are holding a webinar on 31 May, at 14:00 CEST. The webinar is free to attend, and everyone is welcome. The Argentine system was submitted to PEFC after being revised in line with PEFC requirements. The national system is now undergoing the PEFC assessment process, carried out by an independent PEFC Registered Assessor. It must pass this assessment to maintain its PEFC endorsement.
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Deluxe Names Tracey Engelhardt Chief of Operations

Deluxe (NYSE: DLX), a Trusted Payments and Business Technology™ company, announced that Tracey Engelhardt, President of Checks, has taken on additional responsibilities as Chief of Operations. Engelhardt has been with Deluxe for nearly 30 years, overseeing the company’s strong position in checking programs for banks, businesses, and consumers. Her extensive knowledge of the industry, as well as deep understanding of the operations and manufacturing process within Deluxe, makes this addition to her portfolio a natural move for the company. Engelhardt, who has been a member of the Deluxe executive team for more than 10 years, is the first woman to run operations for Deluxe in its 107-year history. She will also continue as President of the Checks division.
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Sun Chemical to Increase Prices on Inks, Coatings, Consumables, and Adhesives in EMEA

Sun Chemical will increase prices across its entire portfolio of packaging, commercial sheetfed, and screen inks, coatings, consumables, and adhesives in Europe, Middle East, Africa, effective June 1st 2022 or as contracts allow. The unprecedented pace of inflationary cost movements continues to further impact the entire spectrum of raw material inputs and packaging components for the ink industry, while raw material availability remains an ongoing concern. The industry is additionally being hit by the current situation in Europe and China, adding up pressure onto supply/demand dynamics as well as on utilities and freight costs. Sun Chemical continues to find ways of mitigating these costs, but the magnitude and speed of cost increases requires the company to further increase prices.
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Ahlstrom-Munksjö: Reorganization of Decor business ownership

Ahlstrom-Munksjö Holding 3 Oy’s Board of Directors has agreed an ownership reorganization plan under which the production assets, debts, and liabilities relating to its Decor business will be transferred from Ahlstrom-Munksjö Holding 3 Oy, without liquidation, to a newly formed company that will be named Munksjö. In the ownership reorganization, Ahlstrom-Munksjö Holding 3 Oy will divest the majority share of and remain with a minority share in the new Munksjö company to Ahlström Capital BV (wholly owned subsidiary of Ahlström Capital Oy) and Nidoco AB, both of which are affiliates of the current minority owners of Ahlstrom-Munksjö Holding 3 Oy. The planned reorganization is subject to customary closing conditions and is expected to be completed by the end of the third quarter of 2022, following which Ahlstrom-Munksjö Holding 3 Oy will start preparing plans for changing its business name to Ahlstrom.
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Resolute Announces Ratification of Collective Agreement at Seven Canadian Pulp and Paper Mills

Resolute Forest Products Inc. announced ratification of a four-year collective agreement by Unifor union members at seven of the company's pulp and paper mills in Canada, following an agreement-in-principle reached on May 15, 2022. "We are pleased with the result of the vote, which is a testament to the hard work and collaborative efforts of both the company and the union in recent years to address the challenges we are facing and to ensure the competitiveness of the business," said Remi G. Lalonde, president and chief executive officer. "Thanks to the support of our employees, we continue to pursue our vision to operate a model manufacturing company, built with the strongest business values, the highest respect for sustainability and the calling to serve our people and communities."
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Transcendia Increasing Barrier Film Capabilities

Transcendia is excited to announce it is breaking ground on a 52,000 square foot manufacturing expansion at its Hebron, OH location as part of its ongoing commitment to investing in barrier film technologies. The new building will be equipped with additional multilayer blown and cast film lines, specialty converting equipment and a new testing lab dedicated to supporting new barrier applications in the food, pharmaceutical and industrial film markets. Upon completion, the Hebron, OH facility, with its ISO 9001:2015 certified quality systems, SQF certification and class 7 clean room capabilities, will have a total footprint of 84,000 square feet. The new building will complement existing barrier extrusion capabilities, including Transcendia’s most recent seven-layer blown film asset capable of producing films up to 78” wide with thicknesses between 1.0 – 10.0 mil. In addition to multiple asset investments, Transcendia will be adding to its application and process engineering team to provide additional technology resources for customers’ new application development. To support the expansion and 24/7 operation, Transcendia will hire approximately 36 new associates including machine operators, material handlers, maintenance technicians and supervisors.
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RRD Launches Editorial Solutions Service for Access to Best-in-Class Copywriters and Content Strategists

R.R. Donnelley & Sons Company announced the launch of Helium by RRD, an editorial solutions service providing access to specialized copywriting, content strategy, and project management professionals. This service provides brands with a centralized access point to hundreds of subject matter experts in content generation. According to research from Semrush, nearly half (49%) of companies outsource content writing in an effort to meet an increasing demand for B2B and B2C content generation and editorial output. Designed to support organizations with the depth and capabilities they need, Helium manages a North American-based talent pool of specialized writers to offer the following copy-driven services: *Branding – brand guidelines, content strategy, brand messaging and consistency *Marketing –SEO content, digital and social copy, brochures, and blog posts *Advertising – ad copy, scripts, banner ads, direct mail, and social media posts *Thought leadership – blog posts, white papers, and other educational materials...
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Stora Enso launches biodiversity programme for own forests in Sweden

Stora Enso has launched a comprehensive biodiversity programme and related targets for its land holdings in Sweden. The programme, which covers the Company’s forest land in Sweden, has five focus areas, each with specific actions and measurable targets for 2030. Combined with the ongoing biodiversity work, the new biodiversity programme with more than 30 actions will lead to increased nature values and strengthened biodiversity across Stora Enso’s land holdings in Sweden. Some examples of activities from the programme’s focus areas and main targets for 2030: • Deadwood: Over 40% of red-listed forest species depend on deadwood. Stora Enso aims to increase the amount of dead wood on its land holdings by 40%. • Broadleaved trees: Broadleaved trees provide critical habitats for many species. Stora Enso will double the number of broadleaved trees in young forests and plant 700,000 birch trees annually. • Water: Watercourses and wetlands are often rich in biodiversity since many species depend on water for different life stages. Stora Enso will identify four major water landscapes for restoration and remove migration barriers in all identified valuable watercourses. • Species and habitats: An umbrella species is an animal or plant that lives in an area with many other endangered species. The new biodiversity programme focuses on protecting four umbrella species, which in turn benefit hundreds of other red-listed species. • Active biodiversity management: actions in this focus area include increasing annual prescribed burning by 20% on average in the protection areas over a five-year period.
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Atlantic’s E-waste Recycling Program

Atlantic just sent 17 pallets of electronic waste to a recycling facility. That’s 7,749 pounds of waste that will be given a new life instead of sitting in a landfill! Every employee at a company has a unique perspective, and when they’re presented with inspiration their great ideas come to life. Two years ago, Nate Huot began collecting old hardware laying around Atlantic’s facilities. This process gradually grew into a popular, new program at Atlantic. Old computers, copiers, monitors, battery backups, and a variety of other products have been collected from our locations in Acworth, Dalton, Greensboro, Tabor City, Wilmington, and Sturgis. These used devices would have ended up in a landfill if it wasn’t for the E-Waste Recycling Program. E-waste is full of valuable rare earth elements (REE’s) and toxic minerals. If these materials are not disposed of properly, they can pollute the environment.
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Tosaf Completes Latest Capital Investments in Bessemer City, N.C. Facility

Tosaf, Inc., a leading global developer and manufacturer of additives, compounds, and color and white masterbatches for the plastics industry, today announced the completion of additional capital investments in its Bessemer City, N.C. plant. The latest commitment of $2 million for a silo system and additional extruders brings the company’s total investment in the facility to more than $20 million. The silos were installed to take advantage of a rail spur that serves the plant. Built in 2016, the facility was designed to accommodate the silo system retrofit, a major part of the enhancements that advance its efficiency and cost-effectiveness. “We now have the needed infrastructure to receive raw materials via rail, which reduces labor and packaging required in our manufacturing processes,” said Tosaf General Manager Chai Tsadaka. “The silos and enhanced production capabilities allow us to better meet short lead times for our rapidly growing customer base. Unlike others, we provide a seven working day or less production order response time.”
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Quad Makes Repeat Appearance in Top 20 for Annual Agency Company Ranking

Quad/Graphics, Inc. has been named one the world’s 25 largest agency companies, as determined by Ad Age, the global publisher of news, analysis, and data on marketing and media. This is the third consecutive year that Quad has been included in the list. Contending in a highly competitive field, Quad ranked No. 16 on the list of top 25 agency companies and No. 22 among the world’s top 25 consolidated agency networks. Periscope, a fully integrated creative agency, and Rise Interactive, a top performance marketing agency, are wholly owned by Quad and are part of the company’s comprehensive agency services.
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Playful concept wins BillerudKorsnäs’ packaging design competition

Inspired by the Venus Flytrap plant, design students from Brobygrafiska claimed this year’s Gold Award in the Swedish leg of PIDA (Packaging Impact Design Award) with their inventive packaging solution for a set of drink mixer flavours called “Bite Botanical Bitters”. The team, comprising Herman Rydholm, Sofi Hansson and Julia Abrahamsson, impressed the jury with their deft use of “shape and colour that really catches our attention.” “We’re in shock!” says Herman Rydholm. “Very surprising. Actually, we started out with an idea of a pyramid shape, but it lacked colour so we thought we had to change. We happened to think of the Venus Flytrap and that was it. We got both colour and shape.” At PIDA, design students from universities and colleges from seven countries compete with their creative packaging designs. The competition is divided into five separate events: the USA, Sweden, France/Belgium, the UK, China, and Germany/Austria. The winners of the Gold Award at each event will meet in a Grand Finale at Luxe Pack Monaco in October.
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Mondi feeds pet market growth with sustainable packaging at Interzoo

Mondi, a global leader in packaging and paper, is presenting its broad portfolio of sustainable packaging solutions at this month’s Interzoo and demonstrating how flexible packaging can drive sustainability in the pet food industry. Packaging for pet food and pet care needs to be both protective and sustainable - the food contents need to remain fresh and intact but the top priority for eight of ten pet owners is packaging that is sustainable, according to a recent Mondi Dow Premium pet packaging survey. Shoppers worldwide are shifting towards mindful consumption and actively choosing brands that reduce their impact on the environment, particularly in light of the rise in eCommerce. Mondi’s expertise helps pet food manufacturers all over the world respond to this, through its EcoSolutions approach. Working closely with customers means the best possible solution can be created. Those solutions use paper where possible and plastic when useful - and help consumers contribute to a better world once pets have been fed.
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Royal Mail to increase prices and slash costs due to inflation (printweek.com)

In its full-year results for the 52-week period ended March 2022, the postal operator achieved revenue of £12.71bn, up 0.6% on the £12.64bn it achieved a year earlier. This included sales from its overseas parcels business GLS. On a reported basis, the company recorded a pre-tax profit of £662m, down 8.8% on last year, and an operating profit of £577m, down 5.6%. Its adjusted operating profit was up 8% at £758m while its adjusted pre-tax profit figure was up 6.5% at £707m. The business said that while the pandemic had resulted in an increase in parcel volumes, some of the tailwinds it experienced in the last year have subsided, and while it has seen a recovery in letter volumes, “parcel volumes and shifts in mix continue to be volatile”.
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Sustana: The New-Age Fiber: Recycled, Sustainable, and Responsible

Over the years, the definition of sustainability has evolved, and now customers are the driving force behind companies’ sustainability practices. Committing to environmental stewardship in product innovation and manufacturing processes will benefit the community, employees, and customers for generations to come. Encapsulating this philosophy, Sustana is elevating the principle of sustainability to a core corporate level and assimilating it as an integral part of their everyday business practice. The leading manufacturer of sustainably produced premium recycled fiber and paper solutions is committed to sustainable manufacturing and being good stewards of valuable resources such as energy and water. To read the full article in Manufacturing Technology Insights, go to: https://www.manufacturingtechnologyinsights.com/sustana
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Mind Your Behavior (jschmid.com)

When it comes to building a successful brand, understanding what you believe in and defining your core values are essential. But many brands stop there and forget that the most important part is to LIVE those values every day. Your actions are what speak the loudest, not simply stating what you believe. Just like humans, your brand will be judged by its behavior. see video at: https://www.jschmid.com/blog/mind-your-behavior/
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A Victory for Affordability: Student Spending on Course Materials Declines 22% During the 2021-2022 Academic Year

Average student spending on college course materials, including textbooks and digital materials, declined 22% during the 2021-2022 academic year according to new data reported today by independent research firm Student Monitor. The trend continues a decade long decline according to the research firm, with student spending on the category dropping a dramatic 44% between the 2011-12 and 2021-22 academic years. “Course materials are more affordable now than at any time in the past decade,” commented Eric Weil, Managing Partner, Student Monitor. “Student spending dropped 22% during the most recent year, coming in at an average of just $314, in large part because Students are tailoring their purchases to the requirements of their individual courses, and taking full advantage of some of the new affordable options.”
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PRC Issues Financial Analysis Report on Postal Service Financial Position

In FY 2021, the Postal Service had a net loss from operations of $2.7 billion, a $0.9 billion improvement from FY 2020. The decrease in net operating losses for FY 2021 was primarily due to $4.0 billion more revenue than in FY 2020. When non-operating expenses are included, the Postal Service had a total net loss of $4.9 billion in FY 2021—an improvement of $4.2 billion compared to FY 2020. While the Postal Service realized an overall improvement in total net losses in FY 2021, continued losses have expanded the gap between the Postal Service’s assets and liabilities. Total assets at the end of FY 2021 were $46.4 billion versus total liabilities of $122.1 billion. A significant portion of the Postal Service’s liabilities was driven by unpaid retiree health benefit (RHB) liabilities totaling $57.0 billion at the end of FY 2021. The recent enactment of the Postal Service Reform Act removes this $57.0 billion liability of past due RHB obligations and eliminates annual payments for the RHB normal costs and the Retiree Health Benefits Fund amortization. Market Dominant revenue decreased in FY 2021 by $97 million or 0.2 percent from FY 2020. Increases in revenue per piece for overall Market Dominant products were not enough to offset declines in volume and fluctuation in mail mix and signal the severity of the effects of the pandemic during that time. In FY 2021, Market Dominant volume declined while package volumes rose as a result of continued growth in e-commerce that included record holiday volume. These changes in volume affected overall revenues and cost in addition to workforce and workhour changes in response to pandemic-related labor costs.
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Smurfit Kappa opens up a new world of possibilities with water-resistant paper

Smurfit Kappa has developed an innovative and sustainable water-resistant paper. AquaStop™ is part of Smurfit Kappa’s new TechniPaper® portfolio, which consists of an array of high-performance papers designed to handle even the most complex supply chains. The AquaStop™ paper is water-resistant thanks to a special coating which is added to it during the manufacturing process. Unlike many other coatings, this does not compromise the recyclability of the product and can be recycled in the same way as standard paper-based packaging. AquaStop™ is the latest innovation in Smurfit Kappa’s Better Planet Packaging portfolio of products, which offer sustainable alternatives to single-use plastics. As it is designed to withstand exposure to water without being damaged, it is suitable for eCommerce packaging and packaging for products such as flowers, detergent and fruit and vegetables where temporary protection against water is needed.
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Sylvamo Announces Share Repurchase Program

Sylvamo's board of directors authorized a share repurchase program to acquire up to $150 million of the company's common stock. "Our strong free cash flow enables us to begin returning cash to shareowners," said Jean-Michel Ribiéras, chairman and chief executive officer. "We also expect to continue paying down debt and will repurchase shares opportunistically to further increase our equity value.”
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Ahlstrom-Munksjö launches PurposeSeal™ heat seal technology

Ahlstrom-Munksjö has pledged to create sustainable, fiber-based solutions. PurposeSeal™ is pushing the boundaries of fiber-based end-use applications. PurposeSeal™ is a heat-sealed paper carefully constructed to ensure quality and protection for end-use packaging solutions. It boasts additional sustainability benefits when applied to Cristal™ Transparent Packaging Papers or trulyNatural™ unbleached papers. Ahlstrom-Munksjö recently received recyclability certification for the Cristal™ transparent paper product family, including PurposeSeal™ technology. These products have passed the SBS Equivalency (WMU SBS-E) testing protocol certifying these innovative papers recyclable from Western Michigan University. Additionally, Cristal™ and PurposeSeal™ have obtained 3rd party certification from Centre technique du papier, certifying Cristal™ heal seal coating is recyclable to the European Union’s EN13430 standards.
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The Perfect Match for Sustainable Packaging Solutions

Koehler Paper’s colorful recycling papers make boxes and filling materials from PresentFill® an environmentally friendly packaging alternative. From packaging materials to gift packaging, a wide selection of products are produced using premium recycling papers from Koehler Paper. The papers, made from 100% secondary fiber material, not only boast the “Blue Angel” and EU ecolabels, but also stand out thanks to their quality, natural feel, and vibrant colors. The market and consumers are increasingly looking for sustainable packaging solutions and PresentFill® is facing ever more intense competition in the area of sustainable packaging solutions papers. In light of this, the product range has continued to grow in recent years in order to meet the demand for more sustainable alternatives.
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Target Corporation Reports First Quarter Earnings

*Comparable sales grew 3.3 percent, on top of 22.9 percent growth last year. **Comparable sales growth reflected traffic growth of 3.9 percent. **Store comparable sales increased 3.4 percent, on top of 18.0 percent growth last year. **Digital comparable sales grew 3.2 percent, following growth of 50.2 percent last year. **Same-day services (Order Pickup, Drive Up and Shipt) grew 8 percent this year, led by Drive Up, which grew in the mid-teens on top of more than 120 percent last year. **More than 95 percent of Target's first quarter sales were fulfilled by its stores. *Sales growth was led by frequently-purchased categories, including Food & Beverage, Beauty, and Household Essentials. *Operating margin rate of 5.3 percent was well below expectations, driven primarily by gross margin pressure reflecting actions to reduce excess inventory as well as higher freight and transportation costs.
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Walmart Releases Q1 FY23 Earnings

*Total revenue was $141.6 billion, up 2.4%, negatively affected by $5.0 billion due to divestitures. *Walmart U.S. Q1 comp sales1 grew 3.0% and 9.0% on a two-year stack. *Walmart U.S. eCommerce sales grew 1% or 38% on a two-year stack. *Sam’s Club comp sales1 increased 10.2%, and 17.4% on a two-year stack. Membership income increased 10.5%. *Walmart International net sales were $23.8 billion, a decrease of $3.5 billion, or 13.0%, negatively affected by $5.0 billion due to divestitures. *Consolidated operating income was $5.3 billion, a decrease of 23.0%, negatively affected by $0.3 billion from divestitures.
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Participate in the second public consultation of the revised Forest Management Evaluations Standard

This draft aims to increase the transparency and efficiency of outcome-oriented and risk-based forest management evaluations. Some changes include: *Remote auditing: The draft introduces the conditions in which certification bodies can conduct full or partial remote audits in forest management evaluations. *Risk based approaches: The standard also introduces requirements for risk-based evaluations and provides linkages with FSC-PRO-60-010 Incorporating a risk-based approach in National Forest Stewardship Standards to allow the risk-based approach concept to be implemented in forest management evaluations. *Alignment with digital report template: The revised standard also provides revised evaluation reporting requirements to ensure alignment with the Forest Management Digital Audit Report Template; to be implemented in phases across all FSC Forest Management audits. The digital audit template is based on existing requirements in FSC-STD-20-007a Forest Management Evaluations Addendum-Forest Certification Reports. Once the revision of FSC-STD-20-007 is concluded, the template will be updated accordingly to reflect any changes agreed through the revision process.
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New Research Shows Anti-paper Greenwashing Works, Misleading U.S. Consumers to Switch from Paper to Electronic Bills and Statements (twosidesna.org)

Anti-paper greenwashing works, unfairly costing the U.S. paper, printing and mailing sector huge sums in lost revenue each year. But Two Sides North America’s (TSNA) Anti-greenwashing Campaign is succeeding in eliminating many of these misleading claims, clawing back hundreds of millions for these businesses, according to the results of the latest TSNA study. In their efforts to cut costs, many leading U.S. financial institutions, utilities, telecom companies and other service providers are using unsubstantiated environmental marketing claims – greenwashing – to persuade consumers to switch from paper to digital bills and statements, suggesting that going paperless is “green,” “saves trees” or is “better for the environment.” The new TSNA research results illustrate the damaging effects these greenwashing claims have on the U.S. paper, printing and mailing sector, finding that 65% of those who have seen anti-paper greenwashing claims are influenced to switch from paper to electronic bills and statements. The study, conducted in partnership with global research firm Censuswide, also showed that the Two Sides North America Anti-greenwashing Campaign is having a powerful impact, preserving more than $308 million in annual revenue for the sector.
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Eco-Products Introduces New Compostable Sandwich Wrap

With more restaurants seeking carryout and delivery options, Eco-Products® is introducing a new compostable wrap that is ideal for swaddling sandwiches, snacks and more. The new wrap is made from wax paper, is ASTM D6868 compliant and is certified by the Biodegradable Products Institute (BPI) as compostable in commercial facilities. It conveniently works as a basket liner, food wrap or as a scale or pick-up sheet. Jointly developed with Eco-Products’ parent company, Novolex®, the new wrap offers a number of benefits: *Works with both hot and cold snacks and sandwiches *Made from renewable resources *Grease- and moisture-resistant *ASTM D6868 compliant and BPI-certified compostable in commercial compost facilities only *Features print on the wrap that includes the Eco-Products and BPI logos, assuring customers that the product is made from sustainable materials and can be to put into the compost bin after use.
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Sun Chemical’s Full Portfolio of Solutions for Narrow Web on Display at Flexo and Labels 2022

During Flexo and Labels 2022, Sun Chemical will showcase its complete portfolio of solutions for narrow web, tag and label markets, highlighting the sustainability benefits of its latest product and service innovations. Using the theme “Power of Labels,” visitors of stand 6 will learn about Sun Chemical’s ongoing investments in the region and discover how the company’s commitment to sustainability is fundamental to its innovation and product development.
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Harnessing Solar Power at Resolute’s Florida Tissue Operations

At Resolute, we continue to deliver on our strong commitment to climate change mitigation and green energy projects that optimize the use of renewables. Our two Florida tissue mills – Sanford and Hialeah – are taking advantage of the Sunshine State’s favorable climate to participate in ™, a community program offered by Florida Power & Lighting (FPL) that helps local homes and businesses access emissions-free energy. FPL operates dozens of solar energy centers across the state, increasing the use of solar power on the energy grid and helping to offset the use of other non-renewable energy resources. Resolute began participating in SolarTogether in July 2021. We anticipate a total annual reduction in greenhouse gas (GHG) emissions of about 7,000 metric tons (7,716 short tons) of CO2 equivalent (CO2e) in 2022 for our two Florida tissue mills. “This innovative program is helping Resolute achieve our sustainability targets,” said Patrice Minguez, president of Resolute Tissue. “Not only are we purchasing green energy to power our Florida operations, we are proud to support Florida’s clean energy revolution.”
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Ahlstrom-Munksjö: January-March 2022 interim financial report published

Q1/2022 compared with Q1/2021 Pro forma • Net sales increased by 27.0% to EUR 918.9 million (723.5) • Comparable EBITDA improved to EUR 122.3 million (107.7), representing 13.3 (14.9) of net sales. Reported Q1/2022 compared with Q1/2021 - • Reported operating result was EUR 40.7 million (-8.0) and included items affecting comparability and other items of EUR -33.7 million (-47.4) • Net result was EUR 14.0 million (-23.9) including net financial items of EUR -16.1 million (-20.2) and taxes of EUR -10.6 million (4.3)
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GLGA to Recognize Outstanding Craftsmanship at the 2022 Graphics Excellence Award Celebrations

The Great Lakes Graphics Association (GLGA) will hold its annual Graphics Excellence Awards (GEA) Celebrations on Wednesday, May 25, 2022. The Celebrations are the culmination of the annual GEA competition, which recognizes companies throughout Illinois, Indiana and Wisconsin for superb craftsmanship in the design, creation and production of outstanding printed projects they produce for their customers. Dual sites will have simultaneous Celebrations that evening: the Medinah Shrine Center in Addison, IL, and the Wisconsin Club in Milwaukee, WI. The Celebrations start at 5 p.m. with an extended networking reception. All of the award-winning projects will be on display for attendees to examine and to choose their favorite in the voting for the People’s Choice award. A formal dinner will be served at 6:30 p.m. followed by the presentation of the award plaques and the announcement of the top winners.
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SWM and Neenah Announce Executive Leadership Team and Operational Structure for Combined Company Post Close

As previously announced, Julie Schertell, President and Chief Executive Officer of Neenah, will serve as President, Chief Executive Officer, and a member of the Board of Directors. Dr. Jeff Kramer, Chief Executive Officer of SWM, will serve as a strategic advisor. John D. Rogers, Non-Executive Chairman of the SWM Board, will serve as Non-Executive Chair of the Board of Directors. The senior leadership team announced today includes: Omar Hoek, Chief Operating Officer; Andrew Wamser, Chief Financial Officer; Ricardo Nuñez, General Counsel, Secretary & Chief Compliance Officer; Natalie Poteran, Chief Transformation Officer; Sarma Malladi, Chief Information Officer; Mike Rickheim, Chief Human Resources & Administrative Officer
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UPM Specialty Papers commissioned study: In 2040 a fifth of all food packaging could still be landfilled or incinerated unless packaging innovations accelerate

Today, food packaging is predominantly plastic and recycling rates are relatively low. While, fibre-based packaging is widely recycled in non-food uses, the industry believes that by 2040 fibre-based packaging will approach circularity as technical development broadens its suitability for food packaging. Recycling rates for plastics are also projected to grow. “The packaging industry will focus research and development efforts to meet increasing consumer and regulatory demand for more recyclable and compostable packaging”, believes Maria Saloranta, Vice President, Strategy for UPM Specialty Papers. “As a result, we expect the share of fibre-based food packaging to grow, accelerated by breakthroughs in barrier properties and use of smart technologies that help relay information to consumers quickly and easily”. In the report, more than 200 global packaging professionals from across the value chain contributed to the first-ever collective assessment of key trends that are projected to drive sustainability in the food packaging industry by 2040. The industry anticipates the global share of polymer-based packaging will fall by half over the next two decades in sustainable food packaging applications, while fibre-based materials are projected to contribute to over 40% of all materials in use for food packaging.
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Join technical working group for revising requirements for Forest Stewardship Standards: Don’t miss your chance to apply!

The application period to join the technical working group for the revision of requirements for Forest Stewardship Standards is closing soon on 24 May 2022. The revision of four normative documents regulating the requirements for development and maintenance of Forest Stewardship Standards (FSS) is starting in July 2022 and is scheduled to be completed by the end of 2024. For more information and to submit your application visit here (https://fsc.org/en/newsfeed/join-the-technical-working-group-to-revise-the-requirements-for-forest-stewardship). Applications are open until 24 May 2022. We are looking forward to receiving yours.
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Kellogg’s, Sustana, Sonoco Partner to Prove Recyclability of Paper Containers

Sonoco announced favorable results from a recent study by trial with Sustana in collaboration with Kellogg’s, providing new opportunities to recycle paper containers. “Part of creating packaging that’s a sustainability success involves making sure its materials are made and sourced responsibly. Sonoco’s paper containers are made with 100% recycled fiber paperboard, of which 85% is post-consumer recycled content,” said Michael Pratt, Senior Sustainability Specialist at Sonoco. Through three third-party sortation trials, Sonoco confirmed that paper containers with steel bottoms can be recycled in the steel stream. The next step was to further increase the recyclability of paper containers in the paper stream. There was already proven success in producing 100% recycled paperboard with up to 85% post-consumer fiber from bales of mixed paper at all Sonoco U.S. paper mills, but it was still unknown if paper containers could be recycled further.
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CJK GROW: CJK Group’s Online Supervisor Training Program

CJK Group, is pleased to announce the adoption of its GROW Learning Management System (LMS). The GROW LMS standardizes training across the entirety of the global company. For our customers, this set of online best practices will ensure a higher level of consistency and customer satisfaction. When you’re a global company with dispersed teams and diverse holdings, standardizing corporate best practices is incredibly difficult. CJK Group sought to update and reimagine its corporate learning environment, starting with a comprehensive leadership training program on skills development, company policies, and employment regulations. KnowledgeWorks Global Learning (KGL) was appointed to develop the LMS and design an engaging, six-module digital course for upskilling the company’s supervisors. In late 2021, CJK Group launched its secure, customized learning management platform to bring the whole company together with an organized, replicable training process called GROW. GROW offers a blended program featuring six mandatory online modules in a self-service format accessible to everyone in the business.
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Mondi offers customers a range of life cycle tools to assess environmental impact of products

Mondi, a global leader in sustainable packaging and paper, has enhanced its Product Impact Assessment (PIA) tool with new environmental key performance indicators (KPIs). The Group’s broad range of life cycle assessment tools are designed to provide science-based, tailored information to customers about the environmental impacts of paper- and plastic-based products for better decision-making. The Group’s PIA tool initially focused on carbon and water scarcity but now has additional KPIs to address further key aspects in the sustainable design of products, such as: ‘Designed for recycling’; ‘Recycling rates in region’; ‘Share of plastics (PO) content’; ‘Share of renewable content’; ‘Share of recycled content’; and ‘Certified for composting’.
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Metsa Board: Non-alcoholic sparkling drink in responsible packaging

The packaging design team of Metsä Board, part of Metsä Group, was involved in designing a spectacular packaging for a non-alcoholic sparkling beverage. In addition to protecting the bottle, the packaging also forms a beautiful entity with the bottle. The design of both the bottle and the packaging is based on a painting by six-time world boxing champion and artist Eva Wahlström. For every product sold, 50 cents will be donated to the Finnish Cancer Foundation. "We wanted to bring consumers a product that visually transcends the everyday. The drink gets its flavour from the rose petals, which are also displayed in a striking way on the bottle and packaging," says Kimmo Koivikko of Lasso Drinks, which produced the drink. "The packaging is open on both the front and the back, forming a frame around the bottle. This also minimises the amount of material needed for the packaging. The product story was printed on the packaging in Finnish and English," says Ilkka Harju, Packaging Services Director, EMEA and APAC, at Metsä Board.
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Stora Enso divests its packaging operations in Russia

Stora Enso has divested its three corrugated packaging plants in Russia. The Company’s Lukhovitsy, Arzamas and Balabanovo packaging plants have been divested to local management. Stora Enso’s assessment is that due to the uncertainties in the Russian market, local ownership and operation will provide a more sustainable long-term solution for these businesses and their respective employees. The transaction will have no material impact on Stora Enso’s annual sales and Operational EBIT. Due to reduced business prospects for these businesses, an impairment loss of EUR 35 million was recorded in the first quarter result. The additional loss on the transaction under IFRS will be approximately EUR 55 million, consisting mainly of currency translation adjustments to be recorded at the closing date. The expenses are considered as items affecting comparability. The divested sites are located in Lukhovitsy, Arzamas and Balabanovo employing approximately 620 people and have a total annual capacity of 395 million m² of corrugated packaging.
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Resolute Announces Labor Agreement-in-Principle with Seven Canadian Pulp and Paper Mills

Resolute Forest Products Inc. announced that it reached an agreement-in-principle for a four-year labor agreement with the Unifor union, representing most of the hourly employees in the company's Canadian pulp and paper operations. The agreement-in-principle is subject to member ratification. The master agreement covers seven of Resolute's pulp and paper mills in Canada: the Dolbeau; Gatineau; Kénogami; Saint-Félicien and currently indefinitely idled Amos and Baie-Comeau facilities in Quebec; and the Thunder Bay operation in Ontario. The collective agreement covers approximately 700 employees. The details of the agreement are confidential until union leadership presents its terms to members in the coming days.
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94 Percent First-Class Mail, 95 Percent Marketing Mail Delivered On-Time in First Week of May

Through the first five weeks of the third quarter, the average time for delivery of mail and packages across the postal network remained just 2.4 days. Third quarter service performance scores covering April 1 through May 6 included: *First-Class Mail: 93.5 percent of First-Class Mail delivered on time against the USPS service standard, an increase of 5.6 percentage points from the fiscal second quarter. *Marketing Mail: 95.0 percent of Marketing Mail delivered on time against the USPS service standard, an increase of 2.9 percentage points from the fiscal second quarter. *Periodicals: 86.8 percent of Periodicals delivered on time against the USPS service standard, an improvement of 5.3 percentage points from the fiscal second quarter.
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HH Global Launches Industry-Leading Sustainable Procurement Framework for Strategic Suppliers

As more companies establish their Environmental, Social and Governance (ESG) targets, there are increasing requirements to have clear and credible visibility into where they are directing their procurement spend. Access to legitimate and credentialed strategic partners is a critical component to achieving and measuring progress against ESG targets. With this in mind, we are pleased to announce a new sustainability initiative offered exclusively for HH Global strategic supplier partners. The HH Global Sustainable Procurement Framework (SPF) is a technology-enabled supply chain program aligned with the UN Sustainable Development Goals that will help suppliers share their ESG credentials and continuously improve on their ESG journey. We have carefully selected a group of HH Global strategic suppliers from each region to participate in the first phase of this innovative program, which launched last week.
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The U.S. Book Show Returns

After a successful launch last year, the U.S. Book Show returns with a full menu of programming for professional bibliophiles of all stripes. Highlights include PW Editors’ Picks panels, author chats, and Book Buzz panels done in cooperation with publishers. Check out the schedule here for a taste of what’s on offer and when it’s happening. On the pages that follow, you’ll find in-depth information on the discussions and meetup opportunities you won’t want to miss. Once again, there’s no need to head across town or fly across the country to participate. You’ll find everything at the U.S. Book Show website, usbookshow.com. All times given are in Eastern Time. see details at: https://www.publishersweekly.com/pw/by-topic/industry-news/bea/article/89326-the-u-s-book-show-returns.html
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Superior Court of Québec Grants Final Order to Intertape Polymer Group Inc. Approving the Arrangement with an Affiliate of Clearlake Capital Group, L.P.

Intertape Polymer Group Inc. is pleased to announce that the Superior Court of Québec has issued a final order approving the previously announced acquisition of the Company by an affiliate of Clearlake Capital Group, L.P. by way of a plan of arrangement in accordance with Section 192 of the Canada Business Corporations Act. Pursuant to the terms of the Arrangement, the Purchaser will acquire all of the outstanding shares of the Company for a consideration per share of CDN$40.50 in cash. Subject to the satisfaction or waiver of the remaining conditions to closing contained in the Arrangement agreement with the Purchaser, the Arrangement is expected to close early in the third quarter of 2022.
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Worzalla Associates Raise Funds and Play Games for Adult Literacy

Worzalla, an employee-owned printing company specializing in high-quality children’s books and cookbooks, was a sponsor of this year’s Words & Friends for Literacy event hosted and organized by the Portage County Literacy Council. After taking a pause in 2020 and a remote event in 2021 due to the pandemic, this year’s event was a success in helping raise more than $20,000. The funds Worzalla raised and all donations from other participants will support the Portage County Literacy Council’s community-based literacy programs. The Words & Friends for Literacy fundraising event invited members of the community to form teams of four or more people and host a House Party for Literacy. Teams completed challenges and raised funds during Apr. 27, 28 and/or 29. Worzalla’s team, The Jefferson Street Girls, comprised of associates Sparky Musolf, Deb Clark, Brenda Betro, Sarah Zuehlke, Sheila Jasenovsky (Team Capitan), Kim Mains, Cathy Davis, Jennifer Heisler and Shasta Grosbier, took first place in collecting a total of $2,331.00 in pledges from friends, family and fellow Worzalla associates.
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PRINTING United Alliance Works with Michigan on New Air Regulations for Printing Operations (piworld.com)

Because several areas in Michigan failed to achieve compliance with the National Ambient Air Quality Standard for ozone, the Michigan Department of Environment, Great Lakes, and Energy (EGLE) is moving forward with a series of new regulations designed to reduce the precursors of ozone, which are volatile organic compounds (VOC) and nitrogen oxides (NOx). The Michigan counties designated as nonattainment include those in the West and the Detroit area and include Berrien, Livingston, Macomb, Monroe, Oakland, St. Clair, Washtenaw, and Wayne. In addition, portions of Allegan and Muskegon counties are also designated as nonattainment. The inability to demonstrate compliance with the ozone standard has triggered requirements in the Clean Air Act requiring EGLE to develop and implement a new set of air pollution control regulations designed to reduce emissions of VOCs and NOx. EGLE will have to adopt federal Environmental Protection Agency guidelines on a variety of industries including printing since VOCs are emitted.
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Crown Van Gelder is going for Gold with development partners

Crown Van Gelder is going for Gold with development partners in the Eurosac Grand Prix on May 19-21 in Bilbao, Spain. This year, 3 members of Eurosac (Novidon, Fiorini and Crown Van Gelder) will pitch together, in collaboration with sugar beet pulp supplier Cosun and brandowner DLF in a 5 minute video, not as individual companies going for own glory, but as value chain partners. Herewith the partners show, that fast innovation for creating a greener world is possible. This is a story about how Cosun Beet Company, Novidon, Crown Van Gelder, Fiorini and DLF came together and from synergy created swift innovation with a more sustainable product as a result. DLF was looking for the reduction of the environmental impact of their 3-layer 15 KG bag for packaging grass seeds, compared to their current bag, produced with kraft paper. The new and more environmentally friendly packaging had to contribute to the sustainability ambition of DLF. The search of DLF led to Crown Van Gelder - who developed Crown Native sugar beet paper within a 5-year collaboration with Cosun - after which Fiorini as DLF’s bag producer and both Cosun and Novidon were involved.
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Kruger Enters Into a Definitive Agreement for the Acquisition of the Kamloops Pulp Mill Owned by Domtar, Inc.

Kruger announced that its affiliate Kruger Specialty Papers Holding L.P. entered into a definitive share purchase agreement pursuant to which one of its wholly-owned subsidiaries will purchase all the issued and outstanding shares in the capital of DKP Pulp ULC, a legal entity wholly-owned by Domtar Inc. that will, at the time of closing, own and operate the Kamloops Mill located at 2005 Mission Flats Road, Kamloops, British Columbia. The Kamloops Mill produces high quality Northern Bleached Softwood Kraft pulp and unbleached softwood Kraft for customers in North America and Asia. "We're very excited about the opportunities that will arise from this acquisition, not only for Kruger but also for the Kamloops Mill, B.C. wood fibre suppliers and the local community," said François D'Amours, Executive Vice President and Chief Operating Officer for Kruger Inc., Kruger Specialty Papers' parent company. "There is a natural fit between Kruger and the Kamloops Mill, which has an impressive track record in terms of performance, sustainability, health and safety and employee engagement. Kruger has always maintained excellent relationships with its employees, customers, suppliers and communities and will make every effort to ensure a smooth and efficient transition, and to continue and strengthen these relationships."
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Berry Global Commits to Reducing Scope 3 Emissions by 25% by 2025

Surpassing its initial goal of an 8% reduction in Scope 3 greenhouse gas (GHG) emissions four years ahead of schedule, Berry Global Group, Inc. commits to reducing its absolute Scope 3 GHG emissions 25% by 2025 (from the same 2019 baseline). The new Scope 3 target is aligned with Berry’s existing Scope 1 and 2 commitments and validated by the Science Based Targets initiative (SBTi). SBTi approval confirms Berry’s ambitious value chain goal is in line with current best practice and consistent with actions required to help limit warming to 1.5°C and prevent the most damaging effects of climate change. “Climate change is one of the greatest challenges of our time. And we are committed to advancing the transition to a net-zero economy,” said Robert Flores, Berry Global’s Vice President of Sustainability. “Quickly surpassing and increasing our Scope 3 emissions target is a testament to Berry Global’s hard work, dedication, and collaboration across the plastics value chain to significantly reduce emissions.”
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USPS Postmaster Warns of “Uncomfortable” Mail Price Hikes (multichannelmerchant.com)

Postmaster General Louis DeJoy said the U.S. Postal Service will be forced to initiate “uncomfortable” price increases for market dominant USPS products such as first-class mail, marketing mail and periodicals, while shippers using Parcel Select Ground can benefit from use of cubic pricing. The USPS’s new pricing schedule goes into effect July 10, with the agency warning that twice-yearly pricing adjustments will be the norm going forward, even as the delivery service standard has slowed. The USPS delayed implementation of the service slowdown until after the peak holiday season. The recent Postal Reform Act’s undoing of mandated prefunding of retiree healthcare benefits will save $50 billion over 10 years by switching pensioners to Medicare – which many argue causes other economic liability issues. But DeJoy said that still leaves a projected $110 billion dollar USPS loss over that period.
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Pregis Begins Production in New Reno, Nevada Manufacturing Facility

Pregis recently started production at its new 298,000 square foot manufacturing facility in Reno, Nevada. The facility is producing the Pregis EverTec™ cushioned mailer, a durable, lightweight, curbside recyclable, paper cushioned shipping solution. Since acquiring the technology to manufacture the envirotech shipping solution in 2020, Pregis has scaled the production and full-color digital printing of the curbside recyclable product to meet consumer demand, and it continues to add sites to serve strategic geographic markets in this rapidly growing e-commerce packaging market. The Reno plant is the newest facility to add production capacity of EverTec in addition to recently opened facilities in Arlington, Texas; Bethel, Pennsylvania; McDonough, Georgia; and the expansion of the founding Elk Grove Village, Illinois location.
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Packaging design inspired by nature

It’s a Wild Life! That’s the brief for PIDA 2022 – packaging design inspired by nature. Some 350 design students from seven countries will participate, showing packaging design projects with a personal and innovative interpretation of the brief. PIDA aims to highlight young talents and their ideas – but also to push the development of packaging design even further. This is how BillerudKorsnäs challenges convention for a sustainable future: by meeting the packaging designers of tomorrow. During May and June, BillerudKorsnäs will host the competition at five local events, and in October an international winner will be selected in a Grand Finale at Luxe Pack Monaco. PIDA 2022 will be a digital event, which enables a larger audience to be part of the exciting events. Representatives of the press are welcome to attend PIDA. Please find the dates for the different events below and register here - https://www.billerudkorsnas.com/pida/guest-registration.
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Mohawk Launches Beautiful Collection Swatchbook and Companion Inspiration Piece “Make a Memory”

In October 2021, Mohawk Fine Papers, Inc., North America’s largest privately owned manufacturer of fine papers and envelopes, introduced Paper With a Plan: A new attribute-driven approach to specifying paper. Mohawk refined and reorganized its paper portfolio into 5 distinct Collections that help make choosing paper by its properties and attributes easier. Mohawk’s paper grades are now grouped into the Beautiful, Sustainable, Expressive, Elevated, and Practical Collections. Mohawk Collections eliminate the guesswork behind paper specification giving you a simpler, more straightforward way to think about paper.
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Emission-free transport solutions take 800 trucks off the roads

Friday 13 May marks the opening of the railway tracks at Larvik Port, reducing the number of trucks on the roads between Larvik and Halden by 800. Wood chips from the Norwegian timber corporation Bergene Holm in Amundrød near Larvik will now be transported by rail to Norske Skog’s mill in Halden, replacing traditional truck transportation. With one freight train holding cargo equivalent to 30 trucks, one train departure per week can replace hundreds of trucks on the Larvik – Oslo – Halden route. By replacing the transportation methods for wood chips and timber, Norske Skog is able to reduce emissions like exhaust, particulate matter and microplastics as well as contributing to road safety.
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Disruptive Catalogs: Shape Your Story

Catalogs aren’t what they used to be – they’re better than ever (or at least the great ones are). Gone are the days of bloated spreads crammed with product after product, trying to fit an entire inventory between the front and back covers. Space has opened up, boundaries are being pushed, and perhaps most importantly - stories are being told. The changes have been driven by one key factor: consumer expectation. Between overflowing inboxes, targeted algorithms, and a mailbox full of ads that no one quite remembers signing up for a successful catalog today has to disrupt, delight, and drive. Stand out in the mail, tell an interesting story that’s beautifully arranged, and drive consumers to make online purchases. At the core of every campaign and behind every functionally aesthetic layout, is one essential ingredient – copywriting. learn more at: https://www.jschmid.com/blog/disruptive-catalogs-part-3/
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Cascades Reports Results for the First Quarter of 2022

Q1 2022 Highlights (comparative figures have been restated to reflect discontinued operations1) *Sales of $1,038 million (compared with $1,028 million in Q4 2021 and $942 million in Q1 2021) As reported (including specific items) *Operating income (loss) of $(4) million (compared with $(90) million in Q4 2021 and $44 million in Q1 2021) *Operating income (loss) before depreciation and amortization (OIBD) of $56 million (compared with $(30) million in Q4 2021 and $109 million in Q1 2021) *Net loss per common share of $(0.15) (compared with net earnings per common share of $1.04 in Q4 2021 and net earnings per common share of $0.22 in Q1 2021)
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BMI Releases Industry Barometer Survey Results for May

The Book Manufacturers’ Institute (BMI) released the May results for its monthly survey on capacity and lead times for soft cover and hard cover books. As demand has skyrocketed and supply chain woes continue to hamper all segments of manufacturing, BMI put together the survey to get a better idea of what manufacturers were facing and what publishers should expect. May is the third month of the survey. According to responses regarding hard cover books, the average manufacturer was running at 91% of their capacity, up from April’s 85%. The average lead time for completed hard cover books dropped to 91 days, down from 103 in April. For soft cover books, capacity usage went from 94% down to 92% and the average lead time went back to March’s 70 days, based on 15 responses. See more at: https://www.bmibook.com/news/bmi-releases-industry-barometer-survey-results-for-may
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Forest certification systems are essential to enable sustainable timber traceability

"What I'm most looking forward to at the PEFC Stakeholder Dialogue are practical and informed discussions on the crucial role of forests and certification to support net zero emissions by 2050," says Dr Dorothy Maxwell, Sustainability Director at Davy Horizons and a moderator of tomorrow's Stakeholder Dialogue. In our interview, she gave us an insight into her job as Sustainability Director, the role of forests for tackling climate change, and what difference certification makes for businesses. Can you briefly introduce yourself? Hello – I'm Dr Dorothy Maxwell. I'm a sustainability professional with over 20 years international experience working with business and government on sustainability. My training is a MSc and PhD in Environmental Science from Imperial College London. I’m a Fellow and, board member of the Institute of Corporate Responsibility and Sustainability.
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Ox Industries Acquires 150,000 Square Foot Facility in Hanover, PA

Ox Industries acquires a 150,000 square foot facility in Hanover, PA to expand its converting capacity in the Mid-Atlantic Region. The facility will house next-generation equipment and manufacturing practices and expand just in time stocking products and services. “We are excited to expand our Hanover location and to continue to invest in the community where we originally started OX. This is part of a $15 million investment in Hanover that will vertically integrate with our 100% recycled paperboard mills and create 50 new green-collar jobs,” said CEO Kevin Hayward.
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Aptar CSP Technologies’ Activ-Blister™ Solutions Now Available for Manufacturing in the EMEA Region

Aptar CSP Technologies, part of AptarGroup, Inc. and a leader in active material science solutions to ensure product protection, extend shelf life and improve patient experience, announces a new manufacturing site able to produce its Activ-Blister™ Solutions for oral slide dose drugs in Europe. The move is part of a key strategic effort to expand production of Activ-Blister™ technology globally and is the result of a 3-way collaboration between Aptar CSP, Uhlmann (a leading pharmaceutical packaging equipment manufacturer), and Ivers-Lee, www.iverslee.com, (a local contract manufacturing organization). This collaboration consists of a fully automated Uhlmann blister machine validated to package oral solid dose drug products with Activ-Blister™ Solutions heat-staked to the foil at a rate of up to 250 blisters per minute (Figure 1). The equipment is designed to integrate Activ-Blister™ technology into the blister cavity with precision placement (Figure 2). The equipment has been fully-validated and is in place at Ivers-Lee, a CMO capable of manufacturing Activ-Blister™ solutions from R&D to commercialization. A CMO in EMEA will support regional customers and ensure speed-to-market.
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Hudson Printing Showcases Landa S10P During Open House, Announces Second S10P Installation (piworld.com)

With the backdrop of snow-capped mountains in the distance, customers of Hudson Printing in Salt Lake City entered the commercial printer's 120,000-sq.-ft. facility on May 5 for its first-ever open house. The event was intended to give attendees a tour of the facility, as well as a peek at the company's new Landa S10P nanographic printing press with perfector, which has been up and running since November 2021. Although seeing the Landa S10P running in person was a major draw during the event, Hudson Printing also announced that the 113-year-old company would in fact be installing a second Landa S10P later this year. Paul Hudson, CEO of Hudson Printing, explained that the company does a large amount of personalization printing, an area in which the Landa press has proven to be a success.
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KP Tissue Releases First Quarter 2022 Financial Results

KPLP Q1 2022 Business and Financial Highlights: • Revenue was $398.7 million in Q1 2022 compared to $310.4 million in Q1 2021, an increase of $88.3 million or 28.5%. • Net income was $1.4 million in Q1 2022 compared to $6.8 million in Q1 2021, a decrease of $5.4 million. “We delivered strong sales growth of 28.5% year-over-year in the first quarter of 2022, driven by an ongoing market recovery, increased capacity driven by Sherbrooke and a pricing increase mainly impacting our Canadian operations. Robust top-line growth was tempered by escalating inflation across many essential cost items such as pulp, freight, natural gas, packaging and labour,” stated KP Tissue’s Chief Executive Officer, Dino Bianco.
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Interfor Reports Q1’22 Results

Interfor Corporation recorded Net earnings in Q1’22 of $397.0 million, or $6.69 per share, compared to $69.7 million, or $1.15 per share in Q4’21 and $264.5 million, or $4.01 per share in Q1’21. Notable items in the quarter: • Acquisition of EACOM Timber Corporation o On February 22, 2022, the Company completed the transaction to acquire 100% of the equity interests of EACOM Timber Corporation (“EACOM”) from an affiliate of Kelso & Company. The acquisition includes seven sawmills with a combined lumber production capacity of 985 million board feet, an I-Joist plant with annual production capacity of 70 million linear feet, and a value-added remanufacturing plant with annual production capacity of 60 million board feet (the “Acquired Eastern Canada Operations”). The Company paid total consideration of $731.2 million which was funded from cash on hand and drawings on the Revolving Term Line. o The Acquired Eastern Canada Operations contributed $5.1 million of Adjusted EBITDA to Interfor’s first quarter results, which is net of $68.0 million recorded in production costs related to fair value adjustments recognized at the acquisition date.
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GreenFirst Reports Strong Results for the First Quarter of 2022

First Quarter of 2022 Highlights: First quarter 2022 (“Q1 2022”) net earnings were $34.0 million, or $0.18 per share (diluted), compared to $8.0 million, or $ 0.04 per share, in the fourth quarter of 2021 (“Q4 2021”), which was the Company’s first full quarter operating its acquired forest-products assets *Lumber pricing improved significantly in Q1 2022 and outlook continues to be strong for the remainder of the second quarter of 2022 and beyond, with continued volatility but above-historical levels expected *Asset-backed revolving loan facility of $65.0 million was undrawn at quarter end and has remained undrawn at May 11, 2022. Seasonal log inventory build up continued to be funded from strong operating cash flow *The Company plans to conclude its Transition Services Agreement with Rayonier Advanced Materials by end of May 2022
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Johnsonburg Mill Optimizes Chemical Use for Consistent Sheet Brightness

White paper, like white paint, is not just white. Brightness is an important characteristic in our paper products. The brightness of white paper matters to customers who use it for printing books, brochures or marketing mail. To achieve the specified brightness, our mills use chlorine dioxide in the pulping process, which is also widely used for treatment of drinking water. We use it to brighten pulp after it’s reduced from wood. The pulp goes through a three-stage bleaching process to achieve the desired brightness before continuing through the mill to become uncoated freesheet paper. Through a continuous improvement project, the team at our Johnsonburg Mill in Pennsylvania has managed to reduce the volume of chlorine dioxide used while maintaining the brightness our customers expect. The work also highlights Domtar’s commitment to quality and sustainability.
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Mondi switches all glassine-based release liners to certified base paper

Mondi, a global leader in sustainable packaging and paper, has switched its entire portfolio of glassine-based release liners to certified base paper. The change is part of Mondi’s ongoing, proactive approach to sustainability, which includes developing solutions that are better for the environment. Glassine-based release liners are mainly used for labels, tapes, and medical applications. By moving to certified base paper, Mondi is improving traceability, working with partners who manage forests responsibly in line with its commitment to maintain zero deforestation in its forests and supply chain. This latest move to certified glassine-based paper is another step in Mondi’s commitment to responsible sourcing and supply chain transparency.
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UPM sells the industrial site of Chapelle Darblay to the Community of Rouen

UPM closed the sale of its Chapelle Darblay newsprint mill site to the Community of Rouen today. This sale is an asset sale, covering land, the buildings and the equipment. No personnel will be transferred. UPM had permanently ceased production and agreed a social plan for its employees at its Chapelle mill in Grand-Couronne, France already in June 2020. UPM had originally committed to selling the site to a consortium of two partners, Samfi and Paprec France SAS, in October 2021. The Community of Rouen then pre-empted the sale of the Chapelle Darblay land and buildings in February 2022, cancelling the sale to Samfi and Paprec France SAS. UPM will remain committed to the French newsprint market and will continue close collaboration with its partners and customers in France.
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Sylvamo Releases First Quarter 2022 Results

First-Quarter Highlights: *Net income of $26 million ($0.59 per diluted share) compared with $62 million ($1.41 per diluted share) in the fourth quarter of 2021; first quarter 2022 net income includes the impact of a $68 million ($57 million, net of tax) impairment charge for our Russian operations as we evaluate options to exit the business *Free cash flow3 (non-GAAP) of $73 million compared with $162 million in the fourth quarter of 2021
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YETI Reports First Quarter 2022 Results

For the Three Months Ended April 2, 2022: Sales increased 19% to $293.6 million, compared to $247.6 million during the same period last year. Gross profit increased 7% to $154.9 million, or 52.7% of sales, compared to $145.2 million, or 58.6% of sales, in the first quarter of 2021. The 590 basis point decrease in gross margin was primarily driven by higher inbound freight, including a 220 basis point impact of a non-recurring true-up of prior year freight costs, and an unfavorable impact of the non-renewal of the Global System of Preferences (“GSP”) program on import duties, partially offset by price increases and a favorable mix shift to our DTC channel. Operating income decreased 17% to $33.3 million, or 11.3% of sales, compared to $40.0 million, or 16.2% of sales during the prior year quarter. Net income decreased 16% to $25.7 million, or 8.7% of sales, compared to $30.5 million, or 12.3% of sales in the prior year quarter.
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4.5 Million Books To Mark Queen Elizabeth’s Platinum Jubilee

On June 2, Queen Elizabeth II of Great Britain will celebrate the 70th anniversary of her reign. To mark the occasion, the British government has commissioned the DK publishing house to produce an anniversary book. “Queen Elizabeth: A Platinum Jubilee Celebration” has a print run of more than 4.5 million copies and will be distributed free of charge to students at British primary schools from the middle of the month. For the first time in British history, a regent, Queen Elizabeth II, is celebrating the 70th anniversary of her reign, known as a Platinum Jubilee – and the whole country has been preparing for this extraordinary celebration for months. The Queen ascended the throne on June 2, 1952, and for this reason the government of the United Kingdom has proclaimed June 2 of this year, a Thursday, and the following Friday, a public holiday, giving Britons four full days, June 2 to 5, to celebrate the Platinum Jubilee. Alongside the many festivities, the official book to accompany the occasion, “Queen Elizabeth: A Platinum Jubilee Celebration,” will be distributed free of charge to British elementary schools. The book was produced by the DK publishing house, which secured the prestigious contract with Britain’s Department for Education following a tendering process last year.
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Two Sides are pleased to announce the release of the UK Q1 2022 Campaign Update

We’ve continued working hard to tell the great environmental story of print, paper and paper-based packaging. With an economy under significant pressure, more and more anti-print Greenwashing messages are popping up as organisations try to save money by pushing their customers online. Two Sides actively engage businesses, brands and organisations to desist from making these misleading messages and working with Royal Mail, through case studies, to help explain the value that print as part of a media communication plan delivers. To improve consumer perceptions of paper products, the Love Paper campaign had more than 480 adverts in national newspapers and magazines this quarter, reaching more than 20 million consumers every month. Environmentally conscious brands are also recognising the usefulness of the Love Paper logo on their paper-based marketing and paper packaging, informing customers that their brand is environmentally aware, making sustainable choices, backed up with facts and statistics. Our work wouldn’t be possible without the support of our members. We are pleased to have welcomed 4 new members this year already. Thank you to all our members for your continued support.
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Brook + Whittle Continues Expansion with the announcement of a definitive agreement to acquire Diamond Flexible Packaging

Brook + Whittle, a leading provider of pressure sensitive labels, shrink sleeves and flexible packaging, has acquired Diamond Flexible Packaging in Northbrook, IL. Diamond is a third generation, family-owned business with over 90 years of experience producing high quality flexible packaging solutions. Diamond is a premier flexible packaging and converting company, providing custom printed bags and pouches for a wide variety of end markets including Food, Cosmetics, Nutritional, Beverage and Healthcare. They have built a strong reputation for supplying customized, high-performance products that meet and exceed customer expectations.
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Intertape Polymer Group Reports 2022 First Quarter Results

First Quarter 2022 Highlights (as compared to first quarter 2021): • Revenue increased 17.6% to $406.4 million primarily due to the impact of higher selling prices in tape, film, woven, and protective packaging products driven by increases in the cost of many raw materials and freight. • Gross margin decreased to 21.0% from 23.9% primarily due to the unfavourable mathematical impact of Dollar Spread Maintenance(1) and increased plant operating costs. • Net earnings attributable to the Company shareholders ("IPG Net Earnings") decreased $75.7 million to a net loss ("IPG Net Loss") of $56.7 million ($0.96 basic and diluted loss per share) primarily due to charges related to the Arrangement(2) for contingent consulting fees payable upon completion as well as a significant increase in the fair value of share-based compensation awards in selling, general and administrative expenses ("SG&A"). • Cash flows used for operating activities increased $26.9 million to $55.8 million primarily due to a greater decrease in accounts payable, partially offset by a decrease in accounts receivable and non-recurrence of share-based compensation settlements in the first quarter of 2021 related to cash-settled awards.
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