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Recent Paperclips Industry News
20Mar 19
CO2 Solutions Begins Commissioning of its Carbon Capture Unit at the Resolute Pulp Mill in Saint-Félicen, Quebec
CO2 Solutions Inc. provided an update on the Corporation’s first commercial project with Fibrek General Partnership, a subsidiary of Resolute Forest Products Inc., and Serres Toundra Inc. The project involves the deployment of a 30-tonne per day (tpd) CO2 capture unit and ancillary equipment at Resolute's pulp mill in Saint-Félicien, Quebec and the commercial reuse of the captured CO2 by the adjacent Toundra Greenhouse complex. The Corporation is pleased to announce that the start of the commissioning of the CO2 capture unit officially took place on March 14, 2019. This start-up was preceded by the successful pre-operation verifications of each of the capture unit’s systems, after which the unit was put into operation and the first tonnes of CO2 were captured. The Corporation now expects to ramp up the overall capture rate to validate the unit’s nominal capacity of 30 tonnes of CO2 per day. Click Read More below for additional detail.
20Mar 19
5 Reasons You Must Attend Next Month’s National Catalog Forum
1. Newly-appointed PRC Commissioner, recently-named USPS Governor analyze the fate of the Postal Service: New Postal Regulatory Commission commissioner Michael Kubayanda and postal governor David C. Williams both previously served at the USPS Office of the Inspector General. Now serving on separate entities surrounding the Postal Service, they will lay out all possible options for reforming the agency to best serve catalogers' and other mailers' needs going forward.
2. Action plan for tariffs on imported merch: Angela Paolini Ellard from House Ways & Means will be part of a panel that will address catalog and other sellers of imported goods now being subject to paying 10% (or possibly greater) tariffs, the ongoing trade deliberations with China, including the impact of the US-China tariff policy, as well as a projected outlook on when, and how, this could come to end. This, coupled with an updated NAFTA and pending new free trade agreements with the EU, UK and Japan, means global supply chains could be disrupted or impacted. 3. Clearing up post-Wayfair remote sales tax confusion: 4. How the Postal Service fits your catalog marketing needs: 5. Catalog Day on Capitol Hill, April 9th: Click Read More below for additional detail.
20Mar 19
Oil prices dip on economic worries despite tight supply
Oil prices fell on Wednesday, dragged down by concerns about global economic growthas the U.S.-China trade dispute rumbled on, but receiving some support from tightened supply. An eight-month trade war between China and the United States has worried global markets already concerned by signs of a slowdown in economic growth this year. U.S.-China trade talks continue to present a binary risk for the oil market and other risky assets," BNP Paribas strategist Harry Tchilinguirian told the Reuters Global Oil Forum. Click Read More below for additional detail.