Metsä Group’s Finnish sawmills will become part of the Group’s pulp industry Metsä Fibre in a group internal transaction. Until now, the sawmills have been part of the Group’s wood products industry Metsä Wood apart from the Svir sawmill in Russia which has already been part of Metsä Fibre. The transfer is expected to take place by the end of 2016. The transfer is done to fully utilize the industrial synergies between pulp production and sawmilling. Use of wood raw material and logistics costs can be optimized even better than so far in a combined entity. The transaction does not impact Metsä Group’s annual sales, operating result excluding non-recurring items or balance sheet ratios.
Allen Press, Inc., is excited to announce the addition of Marcus Roberts to its growing executive sales team. Roberts has more than 25 years of experience selling advertising production services, design and print to retail companies and design firms nationwide. He has a proven track record of helping major retailers increase traffic and sales through advertising production, direct mail and technological solutions. In his position at Allen Press, Roberts will continue to work with retail clients and design firms as they use these creative solutions to achieve their goals. “I am very excited that Marcus has joined Allen Press. He has a creative eye, a desire to help and deep experience in print design and production,” said Martine Padilla, Vice President of Sales. “He is an excellent addition to the team as we move Allen Press forward.”
On June 27, the Environmental Protection Agency (EPA) issued a decision that no additional regulations are needed to address storm water discharges from forest roads under the Clean Water Act. In its decision, the EPA recognizes the success of state best management practices (BMPs), which are proven to be effective in protecting water quality. The EPA also recognizes the role of forest certification programs, including SFI, which “have made important contributions to improved BMP implementation through logger training, landowner outreach, and water quality requirements.” The EPA decision specifically points to the SFI Logger Training and Education Program, which “ensures loggers are educated about using and maintaining appropriate forest road BMPs.” Thanks to the logger training requirements in the SFI Standards and the dedication of the SFI community, training was provided for more than 10,000 resource and harvesting professionals in 2015 and more than 170,000 total since 1995 (this total may include individuals who have completed training programs more than once). Ninety-five percent of the fiber delivered to SFI Program Participant mills was delivered by harvesting professionals who have been trained in sustainable forestry practices.
UPM Raflatac is introducing the new Thermal Top Logistics Fit PEFC, a self-adhesive label material designed especially for transport and logistics. It offers higher productivity through less reel changes and exceeds the environmental credentials of its predecessors. Thermal Top Logistics Fit PEFC resists scuffing and scratching, which makes it the perfect alternative to standard warehouse and shipping labels. Thanks to innovations in raw materials and production, it also offers excellent scanning reliability and printability with direct thermal, UV- and water-based flexography.
Barnes & Noble, Inc. today announced that NOOK Press, NOOK’s innovative self-publishing platform, has launched the NOOK Press print platform to provide NOOK Press authors with an easy-to-use, self-service program that enables them to create hardcover and paperback books for customer purchase. Through the new print platform, eligible* NOOK Press authors have the opportunity to sell their print books at Barnes & Noble stores across the country on a local, regional or national level, and online at BN.com. Authors can also qualify** for the opportunity to participate at in-store events including booksignings and discussions, where they will be able to sell their print books and meet fans. To have their print books considered for in-store placement on a local, regional or national level, eligible NOOK Press authors can submit their print books for review by Barnes & Noble’s Small Press Department and one of the company’s corporate category buyers. To participate at in-store events, top-selling NOOK Press authors are eligible for an event review from a Barnes & Noble store manager.
Robert Dickey, Gannett president and chief executive officer said, “The acquisition of ReachLocal accelerates Gannett’s digital growth strategy, adding more than $320 million of annual digital revenue, the best digital marketing solutions technology in the market, and an outstanding and well-respected management team to Gannett’s digital business. ReachLocal’s focus on local small and medium sized businesses aligns well with Gannett’s local-to-national strategy and extends our reach into new local markets. This transaction represents an important step as we continue to transform our business to meet the changing needs of consumers and advertisers in today’s digital world. We are excited to welcome the talented ReachLocal team to Gannett and look forward to working with them to drive digital growth and create value for our stockholders.” Initially, ReachLocal will expand Gannett’s digital revenue by roughly 50% with its more than 16,000 customers in markets throughout North America, Latin America, Europe and Asia/Pacific. At the conclusion of Gannett’s current digital services arrangement in its existing markets in mid-2017, the combined organization will benefit from leveraging ReachLocal’s best-in-class digital marketing services products in Gannett’s existing 107 local markets in the U.S. ReachLocal brings a diversified client base with home services, healthcare, automotive and professional services representing its largest vertical markets.
A fire caused damages to AptarGroup’s facility in Annecy, France on June 25. There were no reported injuries. The cause of the fire is under investigation and was contained to one of three production units. Aptar Annecy supplies anodized aluminum components for certain AptarGroup dispensing systems. While repairs are underway, AptarGroup will source from its network of suppliers as well as from its anodizing facility in Brazil. AptarGroup is insured for the damages caused by the fire, including business interruption insurance.
While there’s growing consensus among oil traders and analysts that a global crude glut is starting to erode, the buildup shows how vulnerable the market remains when local demand disruptions arise. French industrial action knocked out as much as 900,000 barrels a day of the country’s refining at one stage in June, about equal to the entire daily shipments of crudes that make up Dated Brent, a global benchmark. “There was a lot of capacity that was offline and tankers could not discharge” at a key port in northern France, said Olivier Jakob, an analyst at Petromatrix GmbH in Zug, Switzerland. “There may have been some redirection of tankers going for storage in ARA.” Eighty-four of the ARA hub’s 153 crude storage tanks at independent sites are now more than 75 percent full, while 55 are between 15 percent and 75 percent full, Genscape’s data show. There are zero empty tanks and only a few are even close to empty, according to Paulo Nery, London-based senior director for oil and shipping of Genscape. Traders also reserve space, meaning that the amount available is probably even lower than Genscape’s figures suggest.
The past six years have shown Cascades that a sustainable development plan can be profitable on a number of fronts. "It is a strategic tool that mobilizes our teams toward achieving clearly defined objectives. Thanks to our efforts, we finished 2015 with strong results: we used 2.7 times less energy and 6.5 times less water than the Canadian industry average 1 , and we achieved the lowest accident rate in our history," said Mario Plourde , President and Chief Executive Officer of Cascades. Suzanne Blanchet , Senior Vice-President, Corporate Development, is in charge of rolling out the sustainable development strategy within the company. In her view, "This third plan is the natural continuation of the work begun in 2010. At the time, we conducted a broad consultation with all of our stakeholders so as to identify priority issues. This dialogue proved to be very revealing in terms of what the different parties expect of us and today allows us to continue to create added value for our shareholders, customers, employees, suppliers, and for the communities in which we are present."
Nielsen says adults added one hour of media on average per day to total 10 hours and 39 minutes. This contrasts with a nearly identical media use in the first quarter of 2015 versus 2014 -- 9:39 versus 9:32. The big gainer for the most recent period was smartphones, rising 37 minutes, up 60% versus the same period a year before. It now totals one hour and 39 minutes a day (1:39) -- the third most-used media. The biggest media -- live TV -- lost three minutes for a 1% decline, totaling 4 hours and 31 hours a day (4:31). AM/FM radio grew one minute (1%) to 1 hour and 52 minutes (1:52) -- the second-largest media category.