Fortress Paper Restarts Production at its Dissolving Pulp Mill

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

UPM Plywood starts using a new sustainable lignin based WISA BioBond gluing technology in plywood manufacturing. In the new technology 50% of the fossil-based phenol has been replaced with lignin obtained as a by product of kraf pulp production. "Our long term goal has been to develop a gluing technology that utilizes lignin as raw material. The technological breakthrough that now has been achieved is the most significant innovation in plywood gluing in five decades" says Susanna Rinne, Vice President, Business Development at UPM Plywood. UPM Plywood plans to take the new gluing technology into use gradually in all of its plywood mills. Click Read More below for additional detail.
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J.D. IRVING, LIMITED WINS SFI INC. AWARD FOR CONSERVATION LEADERSHIP ON 68 FOREST RESEARCH PROJECTS

The Sustainable Forestry Initiative Inc. (SFI) announced today that J.D. Irving, Limited (JDI) is the 2017 winner of the SFI Leadership in Conservation Award. This award, announced at the SFI Annual Conference, recognizes SFI Program Participants across Canada and the U.S. who are involved in strong partnerships focused on conservation. In 2016, SFI Program Participants reported on 420 different audited research projects with more than 500 unique partner organizations. JDI collaborated in 68 forest research projects, the highest number of any SFI Program Participant. Project highlights include JDI’s award-winning Unique Areas Program, which has grown from 29 sites in the 1980s to more than 1,300 today, it focuses on protecting unique elements in working forests. The sites are found and mapped by over 100 forestry professionals working in Maine, New Brunswick and Nova Scotia. The program has four broad objectives: preserving rare and uncommon species and landscape features; monitoring important indicator species; establishing a database of species and natural features; and engaging the public and stakeholders. Click Read More below for additional detail.
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Oil’s September Surge Propels Bull Market Run on Demand Optimism

Futures were little changed in New York, up more than 9 percent in September. Oil this week returned to a bull market on signs the persistent crude surplus was finally starting to shrink, while Trafigura Group and Citigroup Inc. warned of the potential for a further supply squeeze in 2018. The Organization of Petroleum Exporting Countries and Russia have hailed the success of their agreement to cut production and urged their allies to stay focused on finishing the job. U.S. Gulf Coast refiners restarted after last month’s hurricanes. Click Read More below for additional detail.
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Gap Inc. And Gap Foundation Increase Support For Relief Efforts Following Recent Natural Disasters

In response to the devastation caused recently by Hurricanes Harvey, Irma, and Maria, and earthquakes in Mexico, Gap Inc. and Gap Foundation have increased their total donation to $2 million to address immediate needs and ongoing recovery efforts. The donation includes cash grants from Gap Foundation to on-the-ground relief organizations, donations from Gap Inc. brands towards critical clothing needs, and employee-matched donations. So far, nearly 100,000 units of clothing have already been delivered to Texas and Florida, with additional clothing donations planned in the coming months. So far, a total of $180,000 has been donated by Gap Inc. employees, which includes company-matched funds.
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IWCO Direct and Mail-Gard® Achieve HITRUST CSF Certification for the Protection of Private Healthcare Information

In its unwavering focus to safeguard data, IWCO Direct, a leading provider of data-driven direct marketing solutions, announced it has achieved HITRUST CSF v8.1 Certification for all facilities through ControlCase, an approved HITRUST Assessor. HITRUST CSF Certification includes Mail-Gard®, a division of IWCO Direct that provides business continuity and disaster recovery services. The certification demonstrates all supporting systems meet key regulations and requirements for protecting and securing sensitive personal healthcare information (PHI). The Health Information Trust Alliance (HITRUST), in collaboration with healthcare, business, technology, and information security leaders, established HITRUST CSF, a certifiable framework that can be used by all organizations that create, access, store or exchange personal health and financial information. Click Read More below for additional detail.
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Irving Consumer Products Breaks Ground on their New $400 Million Tissue Production Plant in Macon, Georgia

Irving Consumer Products broke ground on the construction of their new $400 million state-of-the-art tissue plant in Macon, Georgia today at an event at the site of their future home. Joined by Mayor Robert Reichert and Charlie Gatlin, Special Projects Advisor for Georgia Department of Economic Development (GDEcD), President Robert K. Irving acknowledged the next step in the construction of the new facility. “We’re excited to begin construction on this new plant. The plant will create over 200 permanent, skilled jobs and allow us to continue to meet our customers’ growing demands,” said Robert K. Irving, President of Irving Consumer Products. “It will also provide growth in our home province. The pulp will be from Irving Woodlands, manufactured at our New Brunswick pulp mill.” The new plant will produce ultra-premium quality household paper products including soft bath tissue and high quality paper towel that is both strong and absorbent. Click Read More below for additional detail.
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Maine SFI Implementation Committee Wins Award For Community Leadership, Education Outreach And Growth

The Sustainable Forestry Initiative Inc. (SFI) announced today that the Maine SFI Implementation Committee is the winner of the 2017 SFI Implementation Committee Achievement Award. This award, announced at the SFI Annual Conference, recognizes the exceptional work of the grassroots network of 34 SFI Implementation Committees across the U.S. and Canada. Groups ranging from Habitat for Humanity and Boy Scouts to universities and Ducks Unlimited Canada work with SFI Implementation Committees. "Education and outreach have long been a strength of the Maine SFI Implementation Committee. Every year we hold multiple events and workshops that involve hundreds of people and benefit our communities. Having these efforts recognized with an SFI award is hugely gratifying," said Pat Sirois, the Maine SFI Coordinator. "This award really belongs to the network of countless people who care about Maine's forests. We all share the benefits of the healthy, productive forests that are such a significant part of the quality of life in our state." Click Read More below for additional detail.
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eBook Revenue Up in May 2017; First Monthly Increase in More than Two Years

eBook revenues for trade book publishers were up 2.4% in May 2017. The growth was attributed to increased eBook sales for Adult Books, up 3.4% over May 2016. This is the first monthly increase over prior year sales since March 2015, according to the StatShot Monthly report from the Association of American Publishers (AAP). The increase in eBook sales was one element of a growth month for book publishers. Revenues for book publishers were up by $50.7 million (4.6%) in May 2017 over May 2016. Revenues from Jan. – May 2017 were $4.25 billion, gaining $175.7 million (4.3%) compared to the same timeframe in 2016. Click Read More below for additional detail.
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Walmart Announces $5 million Commitment for Hurricane Maria Relief

Walmart has committed $5 million in support of Hurricane Maria relief efforts. This builds on the commitments previously announced by Walmart and the Walmart Foundation totaling $35 million to support 2017 hurricane assistance in response to Hurricane Harvey and Hurricane Irma. Walmart operates 45 retail facilities in Puerto Rico, which includes two distribution centers and a satellite headquarters, supported by nearly 15,000 associates across the Island. The $5 million commitment will support organizations helping with local relief efforts supporting those in need. Click Read More below for additional detail.
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Relief, hope and anger follow news that Appleton Coated mill to get 45-day extension

Questions remain on exact details of Appleton Coated's sale to Industrial Assets Corp. after a marathon six-hours-plus hearing Monday in Outagamie County court. Questions also remain on exactly what its 600-plus employees can expect – or hope for – in the long run. It appears the mill has dodged the bullet of an immediate shutdown and liquidation, but might only operate in a limited capacity for 45 days with a staff of 195, about a third of its workers. Still, that's a victory some are celebrating. “We get a second chance,” said Tom Nelson, Outagamie County executive. Nelson had initially objected to the mill's sale to the liquidator and petitioned for more time for a different buyer to come forward in a joint statement with Combined Locks village president John Neumeier. Click Read More below for more of the story.
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Iraq Says Turkey Backs Baghdad in Fight Over Kurdish Oil Exports

Turkey agrees to deal only with Iraq’s central government for all crude that the OPEC nation exports through a Turkish pipeline, the Iraqi prime minister said, days after Iraq’s self-governed Kurds, who ship their own oil via the same network, approved a referendum on independence. The comments suggest the Turks may be reviewing their policy of letting Iraq’s landlocked Kurds export oil independently through the Turkish-controlled pipeline. Crude was flowing normally through the network on Thursday. The Kurds export less than 600,000 barrels a day, according to a tweet by the Kurdistan Regional Government’s Ministry of Natural Resources on Sept. 24. Turkish Prime Minister Binali Yildirim asserted his country’s support for “restricting oil exports to the federal authorities” in Iraq, he said in a phone call with his Iraqi counterpart, Haider Al-Abadi, according to an emailed statement on Thursday from Al-Abadi’s office in Baghdad. Click Read More below for more of the story.
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Fortress Paper Provides Update on Auxiliary System Failure at its Dissolving Pulp Mill

Fortress Paper Ltd. reports that it has completed an assessment of the failure of a pressurized auxiliary gas collection system at the Fortress Specialty Cellulose Mill (the "FSC Mill") in Thurso, Québec that was reported on September 21, 2017. The Company has identified the source of the failure and is in the process of repairing and replacing the damaged components. The Company has dispatched personnel to multiple supplier and repair locations to further attempt to expedite the work to be completed. Based on best effort commitments provided by equipment and parts suppliers, management believes that production at the FSC Mill will be restarted on or prior to October 9, 2017. The Fifth Digester Project continues to advance in the normal course and the cogeneration facility continues to operate at a reduced rate. Click Read More below for additional detail.
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Newsquest Acquires NWN Media

Newsquest Media Group announced the acquisition of NWN Media Ltd (NWN), the publisher of 13 local news brands across North and Mid Wales, Cheshire and Shropshire. The NWN Board unanimously accepted the Newsquest offer which will now allow the company to move forward with confidence in a fast-changing media landscape. NWN’s portfolio comprises 12 weekly newspapers and one daily, with associated websites, including the likes of The Leader (Wrexham and Flintshire), the Chester Standard, the Powys County Times, the Denbighshire Free Press, the Whitchurch Herald and the North Wales Chronicle. NWN also operates an extensive contract printing operation. Click Read More below for additional detail.
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Rite Aid Reports Fiscal 2018 Second Quarter Results

• Second Quarter Net Income of $170.7 Million or $0.16 Per Diluted Share, Compared to the Prior Year Second Quarter Net Income of $14.8 Million or $0.01 Per Diluted Share • Second Quarter Adjusted Net Loss Per Diluted Share of $0.01, Compared to the Prior Year Second Quarter Adjusted Net Income Per Diluted Share of $0.03 • Adjusted EBITDA of $213.3 Million for the Second Quarter, Compared to the Prior Year Second Quarter Adjusted EBITDA of $312.7 Million. Click Read More below for additional detail.
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Norske Skog unsecured bond holder recapitalization proposal

Norske Skog has today received a recapitalization proposal from a majority of senior unsecured noteholders (the "Unsecured Proposal"), and Norske Skog will for the purpose of information parity publish the Unsecured Proposal. The board of Norske Skogindustrier ASA will review the Unsecured Proposal in an appropriate manner. The approval deadline for Norske Skog's ongoing consent solicitation is set to Friday 29 September at 17.00 CET.
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Pier 1 Imports, Inc. Reports Second Quarter Fiscal 2018 Financial Results

Second Quarter Fiscal 2018 Highlights • Net sales increased 0.4% to $407.6 million; • Company comparable sales increased 1.8%; • E-Commerce sales penetration reached 27%; and • Loss per share (GAAP) of ($0.10); adjusted loss per share (non-GAAP) of ($0.05) compared to loss per share of ($0.05) in the second quarter of fiscal 2017 (see reconciliation below of loss per share to adjusted non-GAAP loss per share). Click Read More below for additional detail.
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PaperWorks announces new president and CEO

PaperWorks Industries, Inc., a leading manufacturer of paperboard and specialized folding cartons, announced that C. Anderson "Andy" Bolton has joined the company as president and chief executive officer. Bolton has more than two decades of senior leadership experience with several multinational packaging companies. He brings to PaperWorks a significant track record in finance, sales, strategy, business development and executive management in flexible and rigid packaging. In his prior roles, he has served the needs of many market segments including personal and home care, beverage, medical, pharmaceutical and others. Click Read More below for additional detail.
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Authors Spearhead Hurricane Relief

In the aftermath of Hurricane Harvey, members of the children’s book community—including teachers and literacy activists—have rallied in support of students and educators. A number of authors have also organized efforts to provide books, clothes, and other basic-needs items to children and families affected by the storm. Back in 2012, author Kate Messner launched KidLit Cares, an online talent auction of children’s book art and other items, in response to Hurricane Sandy. The first auction brought in more than $35,000. Messner recently reprised the initiative when she learned of the devastation caused by Harvey. “Like so many people, I watched the news about Hurricane Harvey and its aftermath and was absolutely heartbroken to see so many families in crisis. The scope of that storm was devastating, and it hit vulnerable populations the hardest. I wanted to do something and knew that I wasn’t alone,” she said. Click Read More below for more of the story.
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Time Inc. Joins Dentsu Aegis Network’s M1 Publisher Addressable Marketplace

Dentsu Aegis Network announces that Time Inc. has joined its Publisher Addressable Marketplace (PAM), in which premium publishers make their inventory available addressably via the network’s people-based marketing platform, M1. M1 provides direct publisher integrations with the world’s leading publishers, giving clients even greater ability to use their own consumer data to reach their audiences seamlessly, in a premium, brand-safe environment. Time Inc.’s premium, trusted content brands and large scale creates significant first-party data which expands the individual reach of PAM and further strengthens M1 as the largest people-based platform in the US. Time Inc. contributes: ·168 million unduplicated reach (nearly 7 in 10 Americans)* · 106 million mobile unique IDs (1 in 2 US mobile consumers)* · 51 million millennials (nearly 7 in 10 Americans)* Click Read More below for additional detail.
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Henkel announced as winner of the 2017 RafCycle® Award

UPM Raflatac has announced Henkel as the winner of the RafCycle® Award at Labelexpo Europe 2017 in Brussels. The RafCycle Award is presented in recognition of excellence in recycling and environmental performance. Henkel has demonstrated great commitment to improving the environmental performance of self-adhesive labeling and promoting the sustainability of the labeling business. Both Henkel and UPM share common values of driving sustainable business and the circular economy, including having the concrete target of zero waste to landfill. "We're very proud to receive the RafCycle Award, as it recognizes our commitment to working with partners along the entire value chain to create sustainable value," says Jens Hainmueller, Head of International Packaging Development for Henkel's Beauty Care business unit. "Our partnership with UPM Raflatac gives label liners a second life, as they can be recycled to produce new paper materials. It's a great example of how we use our technologies and expertise to develop future-oriented solutions with partners who share our commitment to leadership in sustainability." Click Read More below for additional detail.
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Judge gives five days to finalize Appleton Coated sale

The suspense is not completely over for Appleton Coated and its 620 employees. The struggling paper mill's sale to Industrial Assets Corp., a used machinery dealer based in Los Angeles, progressed in a six-hour marathon hearing Monday before Outagamie County Circuit Court Judge Gregory Gill. "I'm not going to take any action," Gill said late Monday. "We have definitive things in place but we're not at the finish line." Lawyers have a maximum of five days to hash out the details of a hybrid agreement that states Industrial Assets will pay $20 million for Appleton Coated and at the same time market the mill as an ongoing operation for 45 days. Mark Freedlander, an attorney for Industrial Assets, said "we have reached an agreement and we are responsible for marketing the entity as a going concern." Click Read More below for additional detail.
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Sonoco develops revolutionary rain-resistant adhesive and sealant cartridge

Sonoco has leveraged its world-class RainGuard® technology, previously applied to its Sonotube® forms, to develop a new paper cartridge for adhesives, caulks and sealants designed to withstand inclement weather on construction sites. The cartridge can be used for traditional adhesives and sealants packaged in barrier fiber cartridges, and is now available for the entire adhesives and sealants market. “This cartridge was developed in response to customer feedback – we learned that people needed an all-weather solution for construction sites, especially for large, ongoing projects,” said William Long, division sales manager, Adhesives and Sealants, Sonoco. “This new cartridge is still gunnable after exposure to wet conditions, meaning that construction workers don’t need to pack up every time it rains.” Click Read More below for additional detail.
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Pearson appoints new chief strategy officer

Pearson PLC has appointed a chief strategy officer to help drive its transformation to a digital learning company. Jonathan Chocqueel-Mangan, currently chief strategy and transformation officer at Kantar Consumer Insights, joins Pearson to lead the strategic planning process, working with the executive team and board to shape and execute the plan for the business. He will also play a role in generating insights into trends and market opportunities to help drive future growth. He will report to John Fallon, chief executive officer. John Fallon, chief executive officer of Pearson, said: “Jonathan has an impressive track record in developing business strategy, working at board level over many years, achieving impressive results. He is exactly the kind of world-class talent that Pearson is targeting to ensure we become the digital winner in education.” Click Read More below for additional detail.
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UPM Biofuels chosen as a finalist in the Platts Global Energy Awards 2017

UPM Biofuels is one of six finalists for the Industry Leadership category in Bioenergy at the 2017 Platts Global Energy Awards - often described as the Oscars of the energy industry. UPM Biofuels is nominated for its wood-based low emission advanced UPM BioVerno biofuels, and its one-of-a-kind commercial scale biorefinery in Lappeenranta, Finland. The Platts Global Energy Awards honour organisations and individuals who are dedicated to achieving excellence in the energy industry, recognising top performers - industry leaders and innovators in the energy industry. The Bioenergy Industry Leader Award recognises a recent innovation in bioenergy that is market competitive, ecologically sound and minimises undesirable environmental impacts. The nominees must be producing or enhancing the application of bioenergy solutions. The judging criteria include challenges, financial results, innovation, leadership and operational excellence. Click Read More below for more of the story.
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Domtar workers approve new collective agreement

Members of Unifor Local 10-B voted 80 per cent in favour of a new four-year contract that helps secure the future of the pulp mill with significant investments over the next two years. "Our new collective agreement is good for workers and good for the community," said Jerry Dias, Unifor National President. "We're proud to work with Domtar to ensure a future for this mill and hundreds of good jobs that Kamloops can rely on." The new collective agreement commits the parties to finding solutions on retiree health benefits, it also works on retention and training of trade workers, and streamlines administration while improving benefits. Unifor says that these gains will be important for the next generation of mill workers as a wave of retirements creates openings. "The collaborative working relationship we have with the union is something that I'm very proud of" stated Jean-Claude Allaire, General Manager of the Domtar Kamloops Mill. "It's our commitment to finding innovative solutions that resulted in a meaningful agreement for both parties". The framework of the new contract is built on Unifor's Western Canada pulp and paper pattern agreement. Click Read More below for additional detail.
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Oil in Bull Market Nears $52 on Signs U.S. Stockpiles Declined

“The API numbers did surprise, and I would be even more surprised to see them being repeated,” said Ole Hansen, head of commodity strategy at Saxo Bank A/S. “We have reached a price level with which even OPEC is likely to be satisfied. I’m not sure whether Russia would like to play ball for such an extended period especially into the peak demand season.” Gasoline stocks rose by 1.47 million barrels and distillates fell by 4.53 million barrels last week, the API reported Tuesday, according to a person familiar with the data. U.S. crude inventories probably rose by 3.1 million barrels, according to the Bloomberg survey before an Energy Information Administration report. Click Read More below for more of the story.
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Amazon Buy Buttons Among Big Topics at BISG Meeting

The Book Industry Study Group devoted a large portion of its annual meeting held Monday to supply chain issues. Panelists representing different parts of the chain—publishing, distribution, rights/metadata/marketing, and retailing—generally agreed that the industry was working fairly efficiently, but that work needs to be done to keep pace with publishing’s ongoing changes. One issue addressed at the event, held at the Harvard Club In New York City, was "channel conflict." Simon & Schuster’s executive v-p of sales and market, Michael Selleck explained the phenomenon by saying that it occurs when outside influences disrupt the sale channel. Examples of channel conflict include things like the illegally imported (and cheaper) textbooks in the international market, and used books in the domestic market. The example of channel conflict that drew the most attention, though, was the new phenomenon of third party resellers being able to win buy buttons at Amazon, thereby being the first option consumers see. Because new books are supposed to be the first option for consumers on Amazon, publishers suspect the third party sellers winning buy buttons have somehow gotten their hands on new titles. Click Read More below for additional detail.
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Bass Pro Shops Completes Acquisition of Cabela’s

Bass Pro Shops and Cabela’s Incorporated announced they have successfully completed the transaction in which Bass Pro Shops acquired Cabela’s for $61.50 per share in cash, representing an aggregate transaction value of approximately $5.0 billion. As a result of the completion of this transaction, Cabela’s common stock will no longer be listed for trading on the New York Stock Exchange. The completion of this transaction formally brings together three of the nation's premier sporting brands: Bass Pro Shops, a leader in fishing; Cabela’s, a leader in hunting; and White River Marine Group, a leader in boating, which is part of Bass Pro Shops. The combined company will now offer expanded product line and geographic footprint, creating enhanced benefits for outdoor enthusiasts. Click Read More below for more of the story.
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HP Introduces New Entry-level Latex Solutions for Wide Format Signage Production

HP Inc. announced the new HP Latex 115 Printer, offering the most economical entry point into sign and display printing services using high-quality, water-based HP Latex technology. The HP Latex 115 model is also available in the Print and Cut series, providing an end-to-end HP solution for printing and cutting. The new 54-inch HP Latex 115 Printer delivers stunning results with high image quality across a wide range of applications for indoor and outdoor signage. HP Latex 115 Print and Cut also provides an end-to-end solution for producing applications such as labels, decals, stickers, customizable clothing, window graphics, and many more applications. The dual-device solution delivers simultaneous and continuous printing and cutting in a single, integrated workflow. HP Latex Print and Cut solutions were launched earlier this year on the HP Latex 300 series. Click Read More below for additional detail.
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Target to Raise Minimum Wage for Thousands of Employees

Target is giving thousands of its employees a raise. The retailer announced this week that it will start raising its minimum wage next month to $10 an hour, and will eventually raise it to $11 an hour for all U.S. stores. "Target has always offered market-competitive wages to our team members," Brian Cornell, Target’s CEO, said in a statement. "With this latest commitment, we'll be providing even more meaningful pay, as well as the tools, training, and support … that set Target apart." Although Cornell didn’t specify how many of the company’s current 323,000 employees will get the raise, it will apply to the 100,000 temporary workers that the retailer plans to hire ahead of the holidays. Target also committed to boosting its minimum wage to $15 per hour by 2020. Click Read More below for more of the story.
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Hearing ends, now a different path for Appleton Coated’s future

A hearing ended Monday after nearly seven hours of discussion, to decide the future of Appleton Coated and its more than 600 workers. It looks like the future could be a little bit brighter for those workers. During Monday's hearing the judge was supposed to either approve of the $21 million purchase agreement or deny the sale. However, some changes were made to those original purchase agreements after a different offer came through from the employee union and a lending firm. "We will work to do our very best to provide an operating budget to each of the steelworkers and the receiver. We will work very hard. That's not a guarantee, but if it's not done by the end of the day tomorrow it will be done the following day," explained Mark Friedlander, Industrial Assets attorney. Now, Industrial Assets says it will pay $20 million , with more money to provide an operating budget to keep the plant open for 45 days. Over those 45 days Appleton Coated will run with only 200 employees to fulfill current orders. The mill typically employs more than 600 people. Click Read More below for more of the story.
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USITC Votes to Continue Investigations on Certain Uncoated Groundwood Paper from Canada

The United States International Trade Commission (USITC) today determined that there is a reasonable indication that a U.S. industry is materially injured by reason of imports of certain uncoated groundwood paper from Canada that are allegedly subsidized and sold in the United States at less than fair value. Chairman Rhonda K. Schmidtlein, Vice Chairman David S. Johanson, and Commissioners Irving A. Williamson and Meredith M. Broadbent voted in the affirmative. As a result of the Commission’s affirmative determinations, the U.S. Department of Commerce will continue to conduct its antidumping and countervailing duty investigations on imports of this product from Canada, with its preliminary countervailing duty determination due on or about November 2, 2017, and its preliminary antidumping duty determination due on or about January 16, 2018. Click Read More below for additional detail.
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Congress Weighs In on Newsprint Antidumping Case

A bi-partisan group of the House of Representatives on September 18 asked the International Trade Commission (ITC) to deny a petition filed by the North Pacific Paper Company (Norpac) that requests antidumping and/or countervailing duties of over 50 percent on newsprint imported from Canada. The bipartisan letter, led by Representatives Chuck Fleischmann (R-Chattanooga, TN) and Jamie Raskin (D-Rockville, MD), argued that a well-documented shift from printed newspapers to digital alternatives has caused a dramatic decline in newsprint consumption. And, that this trade dispute, brought on my one mill with 400 employees, could put at risk 175,000 jobs in the newspaper industry. Other representatives that signed the letter include House Republican Conference chair, Cathy McMoriss Rodgers (R-WA) and representatives Mike Rogers (R-AL), Diane Black (R-TN) and Ralph Norman (R-SC). Last week the Alliance Board of Directors sent its own letter to the ITC opposing the petition. The petition is also opposed by a broad coalition of U.S. and Canadian paper manufacturers, who understand that sharp price increases on customers could accelerate the decline in newsprint demand. The ITC is expected to make a preliminary determination on petition on September 22. If the Commission decides to move forward, the ITC and the Department of Commerce will conduct investigations and hearings that could lead to a final determination in late spring 2018.
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LL Bean unveils ‘invisible’ newspaper ad — unless it’s viewed outside

Outdoor clothing retailer L.L. Bean has created an advertisement that is only visible when viewed… outside. Its ad featuring a new manifesto encouraging people to "Be an outsider" ran in The New York Times on Friday. When viewed in sunlight, the text is revealed, including the lines: "Just step outside your front door, and you've arrived. You can forget your age, your worries, even your bathing suit. Just don't forget to bring your friends." The ad, created with The VIA Agency, was produced using photochromic ink. "As part of L.L.Bean's 'Be an Outsider' campaign, The VIA Agency wrote a manifesto to serve as an invitation to all people to join L.L.Bean outside, because outside is where we all belong," a spokesperson for The VIA Agency told CNBC in an emailed statement. Click Read More below for more of the story.
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American Forest & Paper Association Releases August 2017 Printing-Writing Paper Report

•August uncoated free sheet (UFS) paper shipments increased year-over-year for the first time since August 2016. The August shipments of UFS also hit the highest monthly total since March 2016. Imports of UFS decreased by 28% year-over-year in July – the second consecutive decrease of 20% or more. Meanwhile, exports of UFS papers increased 30% year-over-year in July, which is the third consecutive increase of 20% or more. •August shipments of coated free sheet (CFS) papers declined. And while shipments of coated two-sides #1-#2 also decreased year-over-year in August, they still reached the highest monthly total thus far in 2017. U.S. imports of CFS papers decreased 13% year-over-year in July; it is the first year-over-year decline in 2017. Exports of CFS papers increased 11% year-over-year in July, the fifth increase in the past seven months. •Coated mechanical (CM) paper shipments declined year-over-year in August, but reach third highest level in 2017. Imports of CM increased in July, up 11% compared to July 2016, while exports of CM decreased 20% in July. •While shipments of uncoated mechanical (UM) papers declined year-over-year in August, the export data registered a year-over-year increase in July. Imports of UM decreased 3% year-over-year in July while exports of UM increased 10% year-over-year in July – the fourth year-over-year increase in the first seven months of 2017. Click Read More below for additional detail.
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Euro-Graph Publishes July 2017 Statistics of the European Graphic Papers Industry

Total European shipments of graphic papers in July 2017 were up 1.1% vs. July 2016 and are down 0.6% year-to-date. Total European shipments of newsprint in July 2017 were down 3.3% vs. July 2016 and are down 3.9% year-to-date. Total European shipments of sc-magazine papers in July 2017 were up 0.9% vs. July 2016 and are up 2.0% year-to-date. Total European shipments of coated mecanical reels in July 2017 were up 5.0% vs. July 2016 and are down 1.1% year-to-date. Total European shipments of uncoated mecanical (improved & others) in July 2017 were up 5.8% vs. July 2016 and are up 1.9% year-to-date. Total European shipments of coated woodfree in July 2017 were up 1.9% vs. July 2016 and are up 1.5% year-to-date. Total European shipments of uncoated woodfree in July 2017 were up 0.9% vs. July 2016 and are down 0.5% year-to-date. Click Read More below for additional detail.
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New Findings Show Asia Pulp and Paper’s Foopak Bio Natura Cup Stock, available from Charta Global, Can Fully Decompose in 12 Weeks

Charta Global, provider of office and graphical papers, food grade and packaging boards for North and South America and strategic partner to Asia Pulp & Paper, has announced its eco-friendly Foopak food and beverage packaging line offers products capable of biodegrading in a matter of 12 weeks. The Bio Natura Cup stock, providing the food and restaurant industries with a comprehensive family of sustainable packaging solutions, brings this sustainable option to an underserved part of the market. Foopak Bio Natura Cup stock is FDA-certified and meets the standards with the FTC’s Green Guides for biodegradability and compostability. Through testing by the Isega Institute, Charta Global has maintained scientific evidencethe stock can completely break down and return to nature by decomposing in a matter of 12 weeks. Additionally, the Bio Natura Cup stock can be safety composted in a facility or home compost pile. Click Read More below for more of the story.
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Oil Slips After Entering Bull Market on Kurdish Export Threats

Crude in New York fell 0.4 percent as traders cashed in after yesterday’s 3.1 percent surge. The oil market is nearing the end of the “lower for longer” era with a shortage likely in 2019, trading house Trafigura said Tuesday. Turkey can “close the valves” on oil shipments from Kurdistan, Turkish President Recep Tayyip Erdogan said after the Iraqi region held a vote on independence. Oil has gained more than 10 percent this month on forecasts for rising crude demand and as members of the Organization of Petroleum Exporting Countries maintain production cuts to drain a global glut. The market rebalancing has helped flip the futures curve into backwardation, a structure where immediate deliveries of oil are more expensive than longer-dated ones, signaling strong demand. Brent prices jumped to a two-year high on Monday before retreating Tuesday. “It’s pure profit taking,” Torbjorn Kjus, oil market analyst at DNB Bank ASA said by phone. “It’s very natural. The most natural thing would be if we lose some more during the day, but so far it’s holding up almost unexpectedly well after that very large rally yesterday.” Click Read More below for more of the story.
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Evergreen Packaging Unveils Sentinel™ Barrier Cupstock

Evergreen Packaging® unveiled Sentinel™ Barrier Cupstock, a new retail packaging offering in the company’s Sentinel™ line of fiber-based products. Sentinel™ Barrier Cupstock is designed as a sustainable alternative to existing foil-lined paper cups and polypropylene cups. Potential end uses for Sentinel Barrier Cupstock include barrier cups to hold cereal, cookies, candy and other snacks. “As demand for sustainable packaging continues to rise, we’re committed to innovating our product lines to introduce new, cost-effective options to the food service and retail packaging industries,” said Chris Johns, Vice President of Paperboard Sales at Evergreen Packaging. “Our new Sentinel™ Barrier Cupstock leverages our deep barrier technology expertise to provide customers with a high performance, sustainable packaging option for the retail food cup market.” Click Read More below for additional detail.
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Fact vs. Fiction: A Few Thoughts on Magazine Media

Here’s a headline for you: Print is alive and well with consumers everywhere. I know it’s different than the headlines you’ve been seeing lately, but it happens to be a fact. True, the magazine media industry is in a transitional moment, but a few select stats can easily paint a picture that doesn’t reflect the state of our industry. At Hearst, we value our core print business, and readers do as well. The most recent report for the first half of 2017 shows that, for the industry as a whole, print circulation is consistent, and, at Hearst, it was even slightly up. What’s more, more than half of our portfolio has seen audience growth, which is especially impressive considering that many of our brands have increased the cost of their subscriptions. Magazines have successfully extended across digital platforms, and all expressions of our brands are consistent or improving in terms of audience numbers. For example, Good Housekeeping’s circulation is 4.3 million, where it has been for many years. At the same time, the brand has seen an increase in its overall audience, with robust traffic online and millions of social media followers across platforms. All boats are lifted. Print enhances digital and vice versa. Click Read More below for more of the story.
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JDI Releases Sustainability Reports for Forestry and Forest Products Operations

Below are some of the highlights from the 2016 Forestry and Forest Products Reports: All Forest Products Operations Summary Healthy Environment •Today’s JDI forestry and forest products operations will absorb more than we emit over the next 50 years. Planting almost 1 billion trees, and reducing emissions at our manufacturing sites means we will absorb 92 million tonnes of CO2 - equal to 360,000 cars off the road per year for the next 50 years. •58% green energy use from renewable fuels like biomass. •23% reduction in green house gas emissions over the past 3 years. •30% reduction in sulphur dioxide (SO²) air emissions over the past 3 years. •1,277 Conservation Sites, a 3.5% increase since 2015 as part of our voluntary Unique Areas program in Canada and the U.S. •55% waste to landfill was diverted for beneficial use. •Zero non-compliance issues following 3rd party forest certification audits in 2016, based on 145 indicators (environmental, social and economic) measured over 5 years. Click Read More below for additional detail.
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Secured Norske Skog bond holders support board’s recapitalization proposal

Norske Skog is pleased to announce that secured bond holders holding 65 % of the aggregate principal amount of the secured notes due in 2019 (the "Secured AHC") have confirmed their support for the board's proposal launched on 18 September. Norske Skog is currently working to gain support from the other secured and unsecured bondholders. "We are very pleased to have obtained support from the majority of the secured bond holders, and we are currently in dialogue with the group's other secured and unsecured bond holders. The board's proposal is the best solution given the circumstances, and should provide a better return for stakeholder groups than the alternative. The alternative will trigger a complex insolvency process, which will result in Norske Skog being 100% owned by the secured bond holders." said Mr. Christen Sveaas, Chairman of Norske Skogindustrier ASA. Norske Skog will also enter into joint contingency planning with the Secured AHC to prepare for a potential insolvency process and share pledge enforcement on Norske Skog AS level if the board's proposal does not obtain sufficient levels of support from other creditors. Even without sufficient approval level, normal operations at all Norske Skog's mills will continue, and the value of Norske Skog and the interests of employees, customers, suppliers and local communities will be protected "The value of Norske Skog is the operating business units, which include seven profitable paper mills. These operations will continue as normal independent of the outcome of the recapitalization proposal. The secured bond holders are large professional investors with capital and ability to operate Norske Skog along with the employees," said Mr. Lars P. S. Sperre President and CEO of Norske Skog. Click Read More below for additional detail.
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CO2 Solutions Provides Update on Saint-Félicien Pulp Mill and Greenhouse Carbon Capture Project

CO2 Solutions Inc. provided an update on progress at the Corporation's first commercial project with Fibrek General Partnership, a subsidiary of Resolute Forest Products Inc., and Serres Toundra Inc. The project entails the deployment of a 30-tonne per day (tpd) CO2 capture unit and ancillary equipment at a pulp mill in the Saint-Félicien region of Quebec (Canada) and the commercial reuse of the captured CO2 by the adjacent Serres Toundra greenhouse facility (the Project). The Project is following its course as planned. In the spring of 2017, the preliminary engineering was finalized. Since then, the detailed engineering has been largely realized and will be completed in October 2017. The Resolute Forest Product's Saint-Félicien pulp mill completed its planned annual shutdown for maintenance which allowed the CO2 Solutions' team to install the required connections from the Fibrek plant to route the flue gas to the future CO2 capture unit. This is an important milestone towards the completion of the unit which is expected to be commissioned in the fourth quarter of 2018. Click Read More below for additional detail.
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Sealed Air Announces Price Increases for Its North American Food Care Products

Sealed Air Corporation announced price increases ranging from five to eight percent for the majority of its Food Care division’s North American products. The increases will be effective October 2, 2017. “Sealed Air has not had a price increase for Food Care products in North America since 2014, and we are working to minimize the cost adjustments and their impact on our customers,” said Karl R. Deily, President, Sealed Air Food Care; “However, notable increases in our input costs, including a 31% rise in the price of polyethylene since 2016, make changes to our prices necessary in order to continue to deliver the same level of value and innovation to our customers.” The price changes include a five percent increase on all shrink bags, rollstock products, food films and vertical pouch packaging, as well as a six percent increase on unpadded solid plastic trays and an eight percent increase on pre-padded solid plastic trays.
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Shutterfly Announces Integration with the Apple Photos App for macOS High Sierra

Shutterfly, Inc. announced an integration with the Apple Photos app for macOS High Sierra. The new Shutterfly extension for Photos allows users to create, customize and purchase Shutterfly photo books without leaving the application. Users can also begin creating a photo book within Photos and then complete it on Shutterfly.com. With this announcement, Shutterfly continues to expand the ability for customers to use photos from major third-party ecosystems to create high-quality, personalized products. Shutterfly is one of the first to participate in Apple's new project extension framework for the Photos app, first announced at the Apple Worldwide Developer Conference (WWDC) in June. Click Read More below for additional detail.
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International Paper to Convert Riverdale Paper Machine

International Paper (NYSE: IP) today announced plans to invest approximately $300 million to convert its No. 15 paper machine at the Riverdale Mill in Selma, Ala. from uncoated freesheet to high quality whitetop linerboard and containerboard. The conversion is targeted to be completed by mid-year 2019. The investment will add 450,000 tons of annual capacity, with flexibility to shift between containerboard products. Converting Riverdale No. 15 will position International Paper to grow its Industrial Packaging business, continue to provide attractive jobs to Riverdale team members and remain a significant supplier of uncoated freesheet in North America. "Our customers expect us to support their growth and this machine conversion will meet their needs," said Tim Nicholls, IP's senior vice president, Industrial Packaging the Americas. "Our Industrial Packaging business continues to focus on our customers in strategic channels including our box business, domestic and export containerboard and specialty grades."Click Read More below for additional detail.
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CBS News on the Importance of Catalogs

CBS News featured Onward Reserve, a valued Lett Direct client and The Dingley Press, a trusted partner in a segment that aired nationally this week. This informative story confirms the importance of catalogs as a major driver of traffic to the web. It’s very well done and we want to share this segment with you in case you missed it. Click Read More below for additional detail.
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Phoenix Color Acquires Moore-Langen Printing from LSC Communications

Phoenix Color, a wholly-owned subsidiary of ALJ Regional Holdings, announced that it has entered into an asset purchase agreement to acquire the assets of Moore-Langen Printing in Terre Haute, Ind., from LSC Communications. ALJ and Phoenix expect to finance the acquisition by amending ALJ's existing term loan with Cerberus Business Finance, selling an aggregate of $1.5 million of ALJ common stock in a private offering to two investors who are unaffiliated with ALJ, and using $1.0 million in proceeds received from the recent stock option exercise by Jess Ravich, executive chairman of ALJ. Click Read More below for additional detail.
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Amcor Announces Full Year Results For the Year Ended 30 June 2017

Highlights - underlying earnings unless otherwise indicated(1)(2) •Profit after tax (PAT) of US$701.2 million up 9.6%(3) on a constant currency basis; •Earnings per share (EPS) of 60.6 US cents, up 10.1%(3) on a constant currency basis; •Strong returns, measured as profit before interest and tax to average funds employed of 20.4%; •Strong free cash flow of US$245.3 million(4); and •Annual dividend per share increased to 43.0 US cents. Click Read More below for additional detail.
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Oil Heads for Third Weekly Gain as OPEC Says Market Is Improving

Oil has advanced this month on forecasts for rising crude demand and as U.S. Gulf Coast plants recover from Hurricane Harvey, which halted almost a quarter of the nation’s refining capacity. Nine months into the OPEC-led supply agreement, implementation of the pledged production cuts remains high. Nigeria, which is currently exempt from making cuts, reiterated that it would accept a cap once output stabilizes around 1.8 million barrels a day. “Today’s meeting of the Joint Ministerial Monitoring Committee is lending buoyancy,” Commerzbank said in a note. “Although no binding promises to extend or expand the agreement can be expected, Nigeria – which like Libya had not signed up to the production cuts – is at least showing a willingness to come on board.” Click Read More below for more of the story.
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Canadian Forest Industry Welcomes Start of Trade Deal With Europe

Forest Products Association of Canada (FPAC) today expressed its support for the Comprehensive Economic and Trade Agreement (CETA) between Canada and the European Union for commencing its provisional application. This agreement will immediately result in the elimination of quotas and tariffs of up to 10% on Canadian exports of wood-based panels and other wood products to the European Union. “We welcome the provisional application of the agreement, as a start to freer trade within the area,” CEO of FPAC, Derek Nighbor. “The prosperity of the forest products industry relies on strong exports, which CETA will help support.” Last year the Canadian forest sector exported more than $1 billion of wood, pulp and paper products to the EU member states. This is 3% of total exports of Canadian forest products making Europe the 4th largest international market for the sector. The largest importers of Canadian forest products in Europe are the United Kingdom followed by Germany, Italy, the Netherlands and Belgium. Click Read More below for additional detail.
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Demand for the Oldham Times So Strong on Launch Day That Publisher Orders Additional Print Run

The first edition of Newsquest’s new weekly newspaper for Oldham, The Oldham Times, hit the streets today (Thursday, Sept 21). Copies have been selling so fast in newsagents across the town that many retailers have already sold out. Newsquest has therefore taken the unprecedented step to order an additional print run. The launch follows the closure of the daily Oldham Chronicle on the 31st August, which had been published in the town for 163 years. Click Read More below for more of the story.
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U.S. Ads Down In August, But Up 2.4% Year-To-Date

U.S. advertising revenues in August took an expected hit -- down 7% for the month. That's due, in large part, to unfavorable comparisons to high TV media spending from the Summer Olympics in August 2016. Standard Media Index says overall TV advertising spending for the month was down 25%, with broadcast TV networks sinking 54% and local TV station national spot advertising down 35%. Click Read More below for more of the story.
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Terry Leatherman Promoted to Manager of Association Management Services

Allen Press, Inc. is pleased to announce that Terry Leatherman has been promoted to Manager of Association Management Services. Leatherman joined Allen Press in February 2017 as an Association Manager. In his new role, Leatherman will oversee and expand the Allen Press Association Management division, which provides membership management, strategic consultation, database administration, customer service and annual meeting coordination to non-profit societies and associations. “Terry’s exemplary work with our clients and executive management experience make him a terrific fit for this position,” said Maria Preston-Cargill, Allen Press Senior Vice President of Sales and Marketing. “He’s a great asset to our organization and the clients we represent, and we are thrilled to have him leading our team going forward.” Click Read More below for additional detail.
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Tetra Pak Invests in State-of-the-Art Technology in Denton Factory

Tetra Pak's Packaging Material Converting Factory in Denton is getting ready for new technology to support the growth of its business in the U.S. and Canada. The plant's expanded capabilities are made possible through a sizeable €30-million investment in factory upgrades, including a new state-of-the-art laminator, that will ensure the facility is well positioned to meet the evolving needs of the U.S. and Canadian markets with a wider range of packaging formats. "Tetra Pak is pleased to make these upgrades, which will position our Denton factory as one of the most advanced in our global operations," said Carmen Becker, president and CEO of Tetra Pak U.S. and Canada. "This new technology will allow us to produce an expanded portfolio of packages out of this facility and better serve our customers." With this investment, Tetra Pak will be able to move some production from Mexico to Denton and offer noteworthy benefits to Tetra Pak customers, including improved service, reduced lead times and other logistical efficiencies. Click Read More below for additional detail.
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With No Potter, Sales Plunged at Scholastic in Q1

With a 52% decline in its children’s book publishing and distribution group, total revenue fell 33% at Scholastic in the quarter ended August 31, compared to the same period a year ago. Sales in the first quarter of fiscal 2018 were $189.2 million, down from $282.7 million in the first period of fiscal 2017. The decline was due to a lack of a blockbuster title that could compare to sales of Harry Potter and the Cursed Child, which was released during the first quarter of last year. Sales in Scholastic’s trade unit plunged 60% in the quarter, falling to $46.7 million from $116.9 million. While Scholastic CEO Dick Robinson pointed to a number of bestselling new titles in this quarter, including Dav Pilkey's Dog Man: A Tale of Two Kitties, revenue from those books was not nearly enough to offset the revenue derived from Cursed Child last year. Click Read More below for more of the story.
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Sappi North America Awarded by Minnesota Office of Foreign Direct Investment

Sappi North America, a leading producer and supplier of diversified paper and packaging products, today received an award for its investment in the state of Minnesota from the Minnesota Office of Foreign Direct Investment, under the Minnesota Department of Employment and Economic Development (DEED). The award highlights the company’s contributions to the economic vitality of local communities, and its commitment to keeping Minnesota a world-leading business destination. “We are honored and delighted to receive this award from the Governor’s office for our contributions to the great state of Minnesota,” said Mark Gardner, president and CEO of Sappi North America. “Through the investments made under Sappi’s 2020Vision strategy, we’re ensuring that our Cloquet facility will continue to operate at this high standard for many years to come.” Click Read More below for additional detail.
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TC Media sells its Saint-Jérôme weekly: Journal Le Nord

Transcontinental Inc.'s Media Sector, TC Media, announced the sale of its Saint-Jérôme-based weekly Journal Le Nord, as well as its related web property, to Journal Le Nord inc., a company led by Ms. Josée Pilotte, also publisher and owner of the Accès, LE journal des Pays-d'en-Haut newspaper. The 8 employees of this newspaper are transferred to the acquirer, along with 2 employees from TC Media's Production team. The Corporation would like to thank them for their professionalism and wishes them the best for the future. Furthermore, TC Transcontinental also concluded a multi-year printing and distribution agreement with the acquirer.
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Rayonier Advanced Materials and Tembec Provide Update on Transaction

Rayonier Advanced Materials Inc. and Tembec Inc. announced that, as a result of legislation that went into effect today, approval of the acquisition by Rayonier Advanced Materials of all of the outstanding shares of Tembec under the Investment Canada Act is no longer required as a closing condition of the Transaction. This new legislation, entitled the Canada-European Union Comprehensive Economic and Trade Agreement Implementation Act, provides for, among other things, the increase of the threshold for governmental approval of an acquisition of a Canadian business by certain non-Canadian investors (including investors from the United States, such as Rayonier Advanced Materials) from an enterprise value of the Canadian business of CDN$1 billion, to CDN$1.5 billion. As such, the Transaction falls below the new threshold. Subject to obtaining other necessary and customary governmental approvals relating to certain forestry and energy-related agreements, as well as the satisfaction or waiver of the conditions to the Transaction, it is expected that the Transaction will be completed in the second half of the fourth quarter of 2017.
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Award winning craft beer label design with UPM Raflatac’s label material

The Dutch Beers and Collectors Association (BAV) has awarded the Dutch beer brewer HOOP Bier as the winner of the best and the most beautiful beer label 2017 at the Dutch BAV beer label competition. The competition is open for all beer brewers from the Netherlands. During the BAV Autumn Fair in September 16, an expert jury chose the Old Ale's label "Oudt Heyn and syn wyf" by HOOP Bier as the winner. The main contributors for the win were the design, appearance and the label mentioning recommendations for preferred food to partner the beer. The concept and design of HOOP Bier was made by PROUDdesign, an agency specialized in packaging and brand-design. Click Read More below for additional detail.
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UPM Raflatac launches new plant-based PE film for home and personal care applications

UPM Raflatac is extending its range of film face materials for the European market with a new plant-based material that provides a sustainable alternative to fossil-based films for a wide variety of end uses. RafBio PE 85 performs just like standard PE film, and its excellent flexibility makes it ideal for the squeezable bottles and contoured containers that are widely used in home and personal care applications. Part of the RafBio family of bio-based labeling solutions, RafBio PE 85 is the ideal choice for customers who are looking for a sustainable film face material that will reduce greenhouse gas emissions during its life cycle, compared to conventional PE, while still keeping products looking their very best. Made from sugarcane ethanol, the film contains more than 80% renewable plant-based raw material and is recyclable within the same recycling streams as fossil-based PE. Click Read More below for additional detail.
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Verso Corporation Board of Directors Forms Strategic Alternatives Committee

Verso Corporation announced that its board of directors, as part of its ongoing efforts to maximize stockholder value, has formed a Strategic Alternatives Committee comprised of independent directors Eugene I. Davis, Alan J. Carr and Steven D. Scheiwe, with Mr. Davis serving as chairperson. The committee, with the assistance of Houlihan Lokey Capital, Inc., the company's financial advisor, will lead Verso's continuing efforts to identify and evaluate a range of potential strategic transaction alternatives, including the possible sale of some Verso mills, engage in discussions and oversee the due diligence process with parties potentially interested in transactions with the company, and recommend to the board whether any proposed transaction is in the best interests of the company and its stockholders. "Verso is committed to exploring strategic transaction alternatives, and the committee will facilitate this process," said Verso Chairman of the Board Rob Amen. "The committee is charged with proceeding expeditiously, but will evaluate alternatives carefully for their ability to provide superior value to Verso's stockholders." Click Read More below for additional detail.
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Barnes & Noble Donates 1 Million Dollars in Books to First Book for Areas Affected by Hurricanes Harvey and Irma

Barnes & Noble, Inc. announced a $1 million book donation to First Book for areas affected by hurricanes Harvey and Irma. The donation features thousands of children’s books for a variety of ages including chapter books, board books, picture books, and coloring books, and will be delivered by First Book to schools and local charities in both Texas and Florida. The donation underscores Barnes & Noble’s support of First Book, a nonprofit social enterprise that has distributed more than 170 million books and resources to kids in need – including a focused effort providing books to children affected by natural disasters. Click Read More below for additional detail.
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Quad/Graphics Awarded $450 Million Contract to Print 100% of Bluestem Brands’ Catalogs

Quad/Graphics, Inc. announced that it has extended and expanded its relationship with Bluestem Brands, Inc., a multi-brand online retailer, under a newly signed multi-year contract valued at more than $450 million over the term. Beginning January 1, 2018, Quad/Graphics will supply paper purchasing, printing and mail/distribution services for all 13 of Bluestem Brands online retail brands. Currently, Quad/Graphics prints catalogs and provides premedia services, including prepress, digital photography and video production, for the online retailer’s Fingerhut and Gettington brands. Soon, Quad/Graphics will begin printing catalogs for 11 additional brands, all of which are under Bluestem’s Orchard portfolio. Click Read More below for additional detail.
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Appleton Coated Customer Update

On September 19, 2017, the Receiver of Appleton Coated LLC conducted a going concern auction of the Company’s assets. The auction was the culmination of a comprehensive marketing effort to find a buyer. As part of the sale and marketing process, the Receiver requested that all potential buyers agree to hire substantially all of Appleton Coated’s employees as part of any purchase agreement. Unfortunately, none of the qualified bidders that attended the auction were in a position to agree to that request. The Receiver will ask the Court overseeing the receivership proceeding to approve the highest and best offer he received for the Company’s assets on Friday, September 22, 2017 in Outagamie County Circuit Court. Due to the auction results, the Receiver must immediately wind down the Company’s business operations beginning Wednesday September 20th and lay off substantially all of the employees of Appleton Coated. A limited number of employees will remain to ensure that the Company’s assets are properly maintained for the new owner until the proposed closing of the sale on September 29, 2017. Orders for stock product will continue to be accepted. Manufacturing orders that have been produced but not yet shipped, will be shipped. Manufacturing orders that have been accepted, but not yet produced, will be reviewed with new ownership to determine whether they will be produced and shipped. New manufacturing orders will not be accepted at this time.
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Oil Above $50 as Fuel-Stockpile Drop Counters Crude-Supply Gain

November futures dropped 0.5 percent in New York after climbing 1.6 percent Wednesday. Gasoline supplies dropped a third week to the lowest level since November 2015, while distillate stockpiles fell by the biggest amount since 2011, according to government data. Crude inventories expanded by 4.59 million barrels last week, more than the 3.9 million-barrel gain projected in a Bloomberg survey. U.S. oil production also rose a second week. “The market focused on the sharp recovery in crude demand implied” by the decline in fuel inventories on Wednesday, said Jens Naervig Pedersen, a senior analyst at Danske Bank A/S in Copenhagen. “It adds to the bullish sentiment buoyed by concerns about the Iran nuclear deal and headlines about OPEC looking at a possible extension of output cuts.” U.S. gasoline stockpiles fell by 2.13 million barrels last week to 216.2 million, the Energy Information Administration reported Wednesday. Distillate inventories, a category that includes diesel, dropped by 5.69 million barrels. Crude output expanded by 157,000 barrels a day to 9.51 million a day. Click Read More below for more of the story.
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Mondi Neusiedler receives EN 15593 certification by SQS for its hygiene management system

Mondi Neusiedler recently completed the certification process for food safety management and has been awarded the EN 15593 certification by the renowned Swiss certifier SQS (Swiss Association for Quality and Management Systems). Food companies are using the speciality papers and professional printing papers produced at Mondi Neusiedler for their food packaging to combine the excellent print quality, an exceptional environmental profile and highest hygiene standards. The papers are for example converted into bread sleeves, bags, liners, folding boxes or secondary packaging. “For such converting purposes optimal technical paper grades are required and customers can rely on our knowledge and paper qualities,” explains Johannes Klumpp, Marketing & Sales Director Mondi Uncoated Fine Paper. “Our customers are searching for a reliable partner and peace of mind when buying speciality papers for their food contact applications”, says Klumpp. “The certification fulfils exactly this need to ensure consumer safety as it independently proves Mondi Neusiedler complies with international standards in hygiene management. A quality our customers and end consumers can rely on every day”, he clarifies. Click Read More below for additional detail.
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Quad/Graphics Drives Enhanced Marketing Value Across Retail Sector with Multi-channel Personalization

Quad/Graphics, Inc. announced its participation at the retail industry’s foremost digital marketing conference, Shop.org, which will be held at the Los Angeles Convention Center on September, 25-27, 2017. The $4 billion company helps brand owners in a variety of industries, including retail, publishing and healthcare, market their products, services and content more efficiently and effectively. To do this, Quad/Graphics leverages its strong print foundation in combination with its deep expertise in workflow re-engineering and optimization, content management and personalized, multi-channel marketing. Quad/Graphics, in partnership with award-winning digital marketing agency Rise Interactive, uses consumer behavioral data to create personalized, multi-channel strategies that drive a greater return on marketing investment. This partnership is one example of the strategic alignments Quad/Graphics seeks to evolve its offerings and drive continued value across its customer base. Click Read More below for additional detail.
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FedEx Announces 2018 General Rate Increase: What it Means for Retailers

FedEx Express, FedEx Ground and FedEx Freight, subsidiaries of FedEx Corp., will increase shipping rates effective Jan. 1, 2018 by an average of 4.9 percent. Potentially one of the most impactful changes comes with the announcement that FedEx will begin applying a dimensional weight (DIM) factor of 139 to all SmartPost packages. This change will become effective on Jan. 22, 2018. The change will align SmartPost dimensional weight pricing with that of FedEx Express and FedEx Ground. It also more closely aligns FedEx SmartPost dimensional weight pricing with that of UPS SurePost, although UPS still has a higher DIM factor for packages measuring less than one cubic foot. (As of this writing, UPS hasn't announced its 2018 rate changes.) Click Read More below for more of the story.
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Labeling a smarter future with UPM Raflatac at Labelexpo Europe 2017

UPM Raflatac's experts welcome visitors to Labelexpo Europe on 25-28 September in Brussels. Under the theme 'Labeling a smarter future', we will be highlighting our innovative and sustainable label solutions together with the world-class service. RAFNXT+ product range marks the launch of a unique forest positive approach for sustainable labeling. Together with optimized raw material efficiencies, RAFNXT+ creates labeling solutions that delivers sustainability credentials that go way beyond the industry standard. Click Read More below for additional detail.
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Why print can be child’s play

While the rise of digital has led many publishers to reduce their print offering, Dennis Publishing has continued to invest. Kerin O’Connor, chief executive of The Week at Dennis, explains how it’s found success with a print version of The Week for children – and what it can teach the industry about the future of print… Jon Watkins spoke to him ahead of the 41st FIPP World Congress, taking place from 9-11 October where Kerin will be among 100 speakers from around the world sharing insights on a variety of industry and related topics. Join the conversation at the Congress. Tell us about the drivers behind the launch of The Week Junior – how much of it was that you’d seen an opportunity in the market and how much was it driven by the desire to help kids engage with issues? So, the best place to start was by looking at the success we’d had with The Week. One of the things that we’ve done, particularly over the last 10 years, was to build a suite of products that are designed to help people in their lives by providing expert opinion. Through those, there are four things that we do. We inform, we advise, we indulge, and we distil content. Our audiences are clever people who appreciate expert opinion that allows them to make up their own minds. Click Read More below for more of the story.
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Adobe Reports Record Revenue

• Adobe achieved record quarterly revenue of $1.84 billion in its third quarter of fiscal year 2017, which represents 26 percent year-over-year revenue growth. • Diluted earnings per share was $0.84 on a GAAP-basis, and $1.10 on a non-GAAP basis. • Digital Media segment revenue was $1.27 billion, with Creative revenue growing to $1.06 billion. • Digital Media Annualized Recurring Revenue (“ARR”) grew to $4.87 billion exiting the quarter, a quarter-over-quarter increase of $308 million. • Adobe Experience Cloud achieved revenue of $508 million, which represents 26 percent year-over-year growth. • Operating income grew 48 percent and net income grew 55 percent year-over-year on a GAAP-basis; operating income grew 43 percent and net income grew 46 percent year-over-year on a non-GAAP basis. • Cash flow from operations was $704 million, and deferred revenue grew to approximately $2.20 billion. • The company repurchased approximately 2.1 million shares during the quarter, returning $298 million of cash to stockholders. Click Read More below for additional detail.
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American Forest & Paper Association Releases August 2017 Containerboard Report

Containerboard production was 2.0 percent higher compared to August 2016. The month-over-month average daily production compared to July 2017 was 1.0 percent lower. The containerboard operating rate for August decreased from 97.9 percent to 96.9 percent, which was 0.8 percentage points higher compared to August of last year. Year-to-date production of containerboard for export is up 4.4 percent.
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American Forest & Paper Association Releases August 2017 U.S. Packaging Papers & Specialty Packaging Monthly Report

Total Packaging Papers shipments were 235,900 tons, 1.7 percent lower than August 2016. Bag & Sack shipments were up 5.5 percent year-to-date, while Food Wrapping shipments were down 8.5 percent over the same period. The operating rate for August 2017 was 90.3 percent, while the year-to-date rate was 88.8 percent. Inventories were 168,600 tons, down slightly since July.
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American Forest & Paper Association Releases August 2017 Boxboard Report

Total boxboard production increased 2.9 percent when compared to August 2016, and increased 0.7 percent from last month. Unbleached Kraft Boxboard production increased over the same month as last year and increased compared to last month. Total Solid Bleached Boxboard & Liner production increased when compared to August 2016, but decreased compared to last month. The production of Recycled Boxboard decreased compared to August 2016, but increased when compared to last month.
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Oil Advances on Signs U.S. Stockpile Gains Easing After Harvey

Futures climbed as much as 1.3 percent in New York after declining 0.9 percent Tuesday. Inventories expanded by 1.44 million barrels last week, the American Petroleum Institute was said to report. That’s less than half the projected 3.9 million-barrel increase the government is forecast to report Wednesday. Some U.S. refiners are delaying maintenance to take advantage of strong margins. While oil has rebounded the past two weeks, crude in the U.S. has struggled to hold above $50 a barrel as prices beyond that level make some shale profitable and boost supply. At the same time, the Organization of Petroleum Exporting Countries and its allies are said to be discussing extending by more than three months the output cuts that expire in March. Iraq, the group’s second-biggest producer, has said production should be reduced by an additional 1 percent to help rebalance the market. Click Read More below for additional detail.
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New Lightweight Beverage End from Crown Helps Beverage Brands Enhance Sustainability Credentials

A new generation of lightweight SuperEnd® beverage ends from CROWN Asia Pacific, a division of Crown Holdings, Inc., reduce metal use by over 10% when compared to conventional 202 diameter (52mm) ends. The Interchangeable SuperEnd® beverage end is compatible with seamer tooling used with other lightweight ends on the market. The lightweight nature of the ends means less aluminum is required for the manufacturing process, decreasing the amount of energy required during distribution. In addition, like all metal packaging, the ends are 100% recyclable and infinitely recyclable, making aluminum a permanent resource that underpins the circular economy, where materials can be used again and again with no loss in quality or physical properties. Click Read More below for additional detail.
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Consumers Look for Nutrition, Taste, and Smart Packaging Options

Consumers want to purchase products that are healthy and taste good with the added advantage of being eco-friendly — from the ingredients to the packaging. More and more Grocery Shoppers are being more thoughtful about the products they buy and the type of packaging these products come in. The insights below identify some actions consumers are taking to lead a more sustainable lifestyle. see the infographic at: http://evergreenpackaging.com/wp-content/uploads/EP-SmartBrief-Ad-3_FINAL9.19.17.pdf
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FedEx Corp. Reports First Quarter Earnings

FedEx Corp. today reported earnings of $2.19 per diluted share ($2.51 per diluted share on an adjusted basis) for the first quarter ended August 31, compared to earnings of $2.65 per diluted share ($2.82 per diluted share on an adjusted basis) a year ago. Both as-reported and adjusted earnings reflect the estimated negative impact of the June 27 cyberattack affecting TNT Express ($0.79 per diluted share) and Hurricane Harvey ($0.02 per diluted share). “The first quarter posed significant operational challenges due to the TNT Express cyberattack and Hurricane Harvey, and I want to thank our team members for their extraordinary dedication and performance,” said Frederick W. Smith, FedEx Corp. chairman and chief executive officer. “We are confident of our prospects for long-term profitable growth, and we reaffirm our commitment to improve operating income at the FedEx Express segment by $1.2 billion to $1.5 billion in fiscal 2020 versus fiscal 2017.” Click Read More below for additional detail.
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It’s the winning…

No such thing as too much good news… Right? Congratulations to our New York office for their double win at the Min - Magazine Awards last week. The National for Amtrak won “Launch of the year” and Rhapsody for United won "Cover of the Year" for a beautiful shoot with Oscar winner Eddie Redmayne by Jason Bell. Magazine Launch for the National Cover Design Portfolio - for Rhapsody Also in the pipeline are the upcoming Eddie and Ozzie in October where we have a phenomenal and unprecedented 11 nominations. Is it the taking part right? Congratulations to the Oryx, American Way, Hemispheres, The National and Mabuhay teams and to Kerstin Zumstein and Jamie Trendall for their personal nominations for editor and designer of the year respectively. The Awards ceremony will be held in New York in mid-October and we have our fingers crossed in anticipation. Click Read More below for more of the story.
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Wenner Puts ‘Rolling Stone’ Up For Sale

Wenner Media is selling Rolling Stone, its last magazine brand, just shy of its 50th anniversary. The publisher sold its other two magazines, Us Weekly and Men’s Journal, to American Media Inc. earlier this year. It continues to publish Glixel, its video-games site launched last November. “I love my job, I enjoy it, I’ve enjoyed it for a long time,” founder Jann Wenner, 71, told The New York Times, which broke the story. Wenner added that letting go of the title is “just the smart thing to do.” “Publishing is a completely different industry than what it was,” he told the NYT. “The trends go in one direction, and we are very aware of that.” Once known as the counterculture music, pop-culture and entertainment magazine founded by Wenner in 1967, the publication has recently been caught in controversy. That includes a huge blow to its reputation when it retracted a discredited 2014 article about a rape at the University of Virginia. Rolling Stone was hit with three libel lawsuits as a result, and has had to pay $3 million in damages. Click Read More below for more of the story.
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Allen Press Wins Seven 2017 Gold Ink Awards

Allen Press, Inc. is the recipient of seven awards from Printing Impressions’ 2017 Gold Ink Awards. Printing Impressions announced the winners in Philadelphia, Pa. on September 6. The Gold Ink Awards is the industry’s most prestigious print competition with thousands of entries submitted each year from printers around the nation. Top printers submit categorical representations of their best work, which is then evaluated by a panel of expert judges. Allen Press’ submissions received two gold winners, two silver winners, one bronze winner and two pewter winners. As further recognition of its continuing commitment to serve the scholarly market, Allen Press swept the Scientific and Technical Journal category – winning awards in gold, silver, bronze and pewter. Proving regardless of size its capabilities, expertise and determination in that arena are second to none. Not only did the Allen Press winning entries surpass competitors based on print and finishing quality, technical difficulty and overall visual effect, the work also showed what is possible for other creatives in the printing industry. Click Read More below for additional detail.
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Expanding Applications That Drive Inkjet Page Growth

The next phase of growth for digital color printing will be using inkjet to print offset-quality images on coated stocks, at reasonable costs. The target applications are direct mail, catalogs, collateral and magazines. Digital color pages continue to grow nicely: up 15% in North America in 2016. Looking at the growth in more detail, one can readily see that the page volume growth is being driven by high-speed, continuous-feed color inkjet. Pages produced on webfed presses have been increasing at ~20% per year in recent years, double the rate of growth of cut-sheet pages, resulting in half of the total volume being inkjet output. So what’s being printed on these production inkjet web presses? The common denominator is documents on uncoated stock and that don’t require high-quality images: transactional documents, direct mail letters and books. The economics of transactional printing and direct mail letter printing now favor white paper feeding a full-color inkjet web press versus preprinted forms with mono laser overprinting. And, for books, the focus is shifting from the print cost per book to the cost of books sold. Click Read More below for more of the story.
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Bag-in-Box wines growing in popularity as Smurfit Kappa toasts 40 years

Smurfit Kappa, which celebrates 40 years of producing Bag-in-Box® packaging solutions, has experienced remarkable growth in Europe and particularly France where sales have tripled in the last 10 years. The rise in Bag-in-Box® wine sales reflects changes in consumer behaviour and social trends. The longer shelf life, ease of use and reduction in wastage has made it more attractive both to consumers and retailers. In addition to France, Smurfit Kappa Bag-in-Box® sales have also risen across the business, particularly in Argentina, Denmark, Norway, Russia, Sweden and the US. Launched in Epernay, France in 1977, the revolutionary Smurfit Kappa Bag-in-Box® packaging has continuously evolved over the years with the addition of innovative solutions including the Vitop® tap, high-specification filling machine systems and Pouch-Up® packs. Click Read More below for additional detail.
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Think outside the package with UPM Raflatac at Pack Expo Las Vegas

At this year's Pack Expo in Las Vegas, Nevada, UPM Raflatac is thinking outside the package through innovative technologies designed to educate brand owners on industry-leading packaging decoration methods that can elevate their brands. When paired with the right package, high quality label materials help brands stand out on the shelf and grab consumer attention - and UPM Raflatac's paper and film products for craft beer, food and beverage to home and personal care containers outshine the rest. Show attendees are invited to visit UPM Raflatac at booth 6363 in the Lower South Hall of the Containers and Materials Pavilion see their paper and film materials and sustainable packaging solutions in action! Click Read More below for additional detail.
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Norske Skog launches new recapitalisation proposal

The alternative to the company's proposal will likely lead to bankruptcy at the parent company Norske Skogindustier ASA but Norske Skog AS and the mills will continue operations as normal under new ownership. Norske Skog group has launched a new recapitalisiation proposal. According to the parent company Norske Skogindustrier ASA, this proposal provides a final opportunity to reach a consensual solution among all bondholders and shareholders. Among the the key terms of the proposed recapitalisation transaction is the conversion into equity of all outstanding, secured and unsecured bond debt, resulting in secured note holders acquiring 94% equity ownership in Norske Skogindustrier ASA. Click Read More below for more of the story.
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CTI Paper USA Expands Kromekote Printing Papers Brand

Printing companies, paper distributors, packaging converters, marketers and graphic designers across the U.S. and Canada now have immediate access to the newest expansion of cast-coated Kromekote, the world’s most elegant printing and label papers from CTI Paper USA. A new swatchbook and print demonstration is available. Highlights: New embossed, pearlescent Kromekote Jade Text and Cover line for dry toner/laser and offset printing. New for HP Indigo: thick and luxurious 14- and 18-point ultra bright-white board, following growing demand for heavyweights. New 18-point ultra bright-white board also for dry toner/laser and offset printing. Newly issued swatchbook presents the extensive product line—new print demo features the iconic embossed Kromekote Apple on a gold foil-stamped cover. Click Read More below for additional detail.
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Evergreen Packaging Price Increase Announcement

Effective with orders shipping on or after November 1, 2017, Evergreen Packaging is increasing the transaction prices for all grades by $2.00 cwt. This increase applies to all products including, but not limited to the following brands: Rapier; RapierW; Seasons Colors; SunKraft Brown; Natural Kraft; White Foldur Kraft; Gray Kraft; Buff Kraft; Skyland Offset; Skyland Reply Card; Drawing Paper; Multipupose; Conical Cup; Stick Paper; Office Stock / File Folder. All standard upcharges will continue to apply.
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Two Sides Global Anti-greenwash Campaign: 278 leading companies remove misleading ‘go green’ claims

Two Sides research into more than 600 of the world’s leading corporations, including banks, utilities, telecoms and insurance providers, has shown that a total of 460 of those companies have been using misleading and unsubstantiated environmental statements, despite specific advertising legislation to protect consumers in many countries. To date, 278 of those companies have removed such statements as a result of ongoing engagement by Two Sides. “We’re really pleased that Two Sides is having such a significant effect on some of the world’s largest and most influential organizations. But there is no room for complacency, and there is still a great deal of work to do with the remaining companies that continue to mislead their customers,” says Martyn Eustace, Chairman of Two Sides UK. Internationally, Two Sides teams are continuing to tackle greenwash in their respective countries, and this has yielded positive results. Click Read More below for additional detail.
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Avery Dennison Gains Momentum in Progress Toward 2025 Sustainability Goals

Avery Dennison Corporation (NYSE:AVY) today reported advancements against its 2025 sustainability goals intended to transform the company and the industries it serves. The 2014-2016 sustainability report, All of Us, Every Day, highlights how the company is leveraging its size and scale to drive change across its operations, industry, and communities. Key achievements include: A reduction of location-based absolute CO2 emissions of 3.2% in 2016 and market-based absolute emissions (includes renewable energy instruments) by nearly 12%. 78% of total volume of paper procured in 2016 held either an FSC or PEFC claim. A 2016 world class safety record, with a recordable incident rate (RIR) of 0.25. Click Read More below for additional detail.
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Expera Specialty Solutions Launches Health-Gard Medical Papers Brand At PackExpo 2017

Expera Specialty Solutions is proud to be exhibiting at PackExpo 2017, highlighting a diverse portfolio of specialty paper products that span a variety of end-use applications. From highly technical applications, to offering multiple sustainable packaging solutions, Expera creates custom specialty paper products for each of their customers. Expera is launching its new brand of medical papers known as Health-Gard™. Health-Gard™ medical papers provide sterilizable packaging solutions that meet market requirements for cytotoxicity and microbial barrier. These coating base papers, available in multiple basis weights, are ideal for form-fill-seal and pouch applications where a fiber-free peel is critical. Other Health-Gard™ applications include papers for medical lidding stock and lamination, and medical garments and drapes. Click Read More below for additional detail.
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Stora Enso has completed the divestment of Bulleh Shah Packaging in Pakistan

Stora Enso has completed the divestment announced on 26 July 2017 of its 35% holding in the equity accounted investment Bulleh Shah Packaging (Private) Ltd. in Pakistan to the main owner Packages Ltd. The total cash consideration for the divestment of the shares is EUR 6 million. The loss on disposal amounts in total to approximately EUR 19 million and it will be recorded as an item affecting comparability in Stora Enso’s third quarter 2017 results. With this transaction, Packages Ltd. achieves full ownership of Bulleh Shah Packaging.
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Midland Paper Awarded ClingZ Distribution

Both ClingZ® and Ztac™ offer an end user the unique ability to provide window and wall solutions that are easy to apply and remove, without leaving any residue. ClingZ® is an adhesive free, electrically charged polypropylene film that clings to almost any surface. Ztac™ is a PVC-free polyester that is eco-friendly and recyclable. No window media is easier to install and is bubble-free, repositionable and residue-free. Midland is now stocking the following products: •ClingZ® Standard for Offset •ClingZ® Versaliner for Offset •ClingZ® for HP Indigo •ClingZ® for UV Inkjet •Ztac™ for Offset •Ztac™ for HP Indigo. Click Read More below for additional detail.
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Grazia Magazine Publishes Triple Cover Exclusive in Celebration of Big Fashion Issue

The issue, which goes on sale today coincides with the start of London Fashion Week, will feature three different covers featuring 19-year-old trailblazing hijab-wearing model Halima Aden, 73-year-old American model and actress, Lauren Hutton and 30-year-old supermodel Hilary Rhoda. Readers can also look forward to exclusive interviews with the three cover stars, a review of the hottest trends coming out of New York fashion Week and an exclusive chat with designer to the stars Roland Mouret, as well as all of Grazia’s regular news and views. The 252 page perfect-bound glossy magazine has attracted new advertisers including online fashion brand Three Floor and Calvin Klein Watches. Click Read More below for more of the story.
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Oil Rises Above $50 as Iraq Raises Prospect of More OPEC Action

West Texas Intermediate futures added 0.4 percent. Iraqi Oil Minister Jabbar al-Luaibi said there’s support in the Organization of Petroleum Exporting Countries to deepen output curbs by about 1 percent. Still, Iraq has failed to deliver the supply cuts it committed to under the current agreement. U.S. refiners are delaying scheduled maintenance as they resume operations after Hurricane Harvey, supporting demand for crude. Iraq’s suggestion “has a minor influence on prices -- if it would have come from Saudi Arabia, it would probably have had a bigger impact,” said Giovanni Staunovo, an analyst at UBS Group AG in Zurich. Click Read More below for more of the story.
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Impact of Hurricanes Harvey and Irma on Print Industry Supply Chain and Raw Materials

As petrochemical companies and raw material suppliers regain their footing, they are beginning to gain clarity about the impact of hurricanes Harvey and Irma on the printing industry supply chain, though there are still many unknowns. According to Flint Group, who has been in continual conversation with affected suppliers, Gulf-area and Southeastern US suppliers are in a variety of recovery stages. Some are still assessing the damage and impact to their businesses. Others have begun to restart operations but at reduced capacity, causing a supply and demand imbalance. Many have made public announcements about continued forces majeures and supply allocations. Some transportation companies are imposing fuel surcharges due to very limited availability of carriers. Suppliers tell Flint Group they will be able to offer more tangible information about the impact of the storms once conditions stabilize further. Click Read More below for additional detail.
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WOW – Think like an advertiser… Be an advertiser…

Think like an advertiser… Be an advertiser… Do you believe in advertising? Are you prepared to put your money where your mouth is? Well here at Ink, that is exactly what we have done. After extensive research and market testing, we recently launched our very own “WOW” advertising campaign. Why WOW you may be thinking…? Well it’s the exact response that we are getting time and time again, when we tell successful advertisers our new stripped back facts from the passenger data, and inflight magazine readership profiles. I can tell you one thing – there is a lot of money out there waiting to be harvested! If I said that easyJet Traveller magazine readers will spend nearly £12 billion on cosmetics in the next 12 months – WOW! Or those same 48 million easyJet passengers will spend £28.3 billion in multiple hotels trips each year – WOW - That's a lot of bed nights and money going around for the smart hotel company with the best brand recognition and client recall… Click Read More below for additional detail.
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