Most brands today understand they must deliver a complete 360-degree customer experience, with all marketing efforts aligned and working in concert. Yet, they’re often surprised that they’re still not connecting on a deep level with their customers. What’s missing? Some brands have a certain something—an emotional appeal. They connect. They feel more HUMAN. Watch this high-energy keynote session to find out why they do, and how to take the human approach to building brands.
Sustainability is the only solid foundation for long term value creation. This is the key message that UPM Communication Papers shares to international delegates at the 42nd FIPP World Media Congress, which is held from the 12th to 14th of November in Las Vegas. UPM’s presentation “UPM – Responding to the changing world” explores the advantages that paper offers from a sustainability perspective and outlines concrete actions that UPM is taking to help mitigate the effects of climate change in the face of global megatrends. “We optimize our production and energy generation to continuously decrease our emissions. We champion biodiversity while setting a precedence for a responsible connection of forest use and nature conservation. And we take an active role in supporting the development of our employees, the communities we operate in and the standards of our suppliers. We believe in the future role of paper in the publishing industry as a truly sustainable product,” Ledwon says.
Ahlstrom-Munksjö has received the OK compost HOME and OK compost INDUSTRIAL certifications from TÜV® Austria for its CristalTM and CristallineTM ranges of transparent papers. Whether used as transparent bread bags or paper window for fruits and vegetable sachets, CristalTM and CristallineTM product ranges are ideal materials to produce all-paper packaging solutions enabling consumers to quickly identify the products they buy. Made of responsibly-sourced natural fibers, these translucent papers are renewable and biodegradable materials, safe for direct food contact. Recyclable according to EN 13430 and now ok compost certified, CristalTM and CristallineTM offer alternatives to choose the best fitting end-of-life scenario for their packaging depending on the end-use application.
Oil rose on Thursday after industry data showed a surprise drop in U.S. crude inventories, while comments from OPEC about lower-than-expected U.S. shale production in 2020 also provided some support. The American Petroleum Institute reported on Wednesday an unexpected drop in U.S. crude stockpiles by 541,000 barrels in the week to Nov. 8, against analysts’ expectations of an increase of 1.6 million barrels. Gasoline and distillate inventories increased, the API data showed.
Domtar is strengthening our commitment to sustainability with a pledge to pursue new Forest Stewardship Council® (FSC) certification standards for the Canadian government lands that we manage in the Wabigoon and Trout Lake forests. The new FSC standard for responsible forest management in Canada was launched in June. The new FSC standard consolidates four existing regional standards into one national standard. Recommendations range from physical solutions, such as buffer zones around waterways, to social solutions that address gender equity and engagement with indigenous communities.
Irving Tissue’s newest $470 million tissue plant is officially open in Macon, Georgia and based on a new, additional $400 million investment, will soon double its capacity. The new second phase of the project represents an additional $400 million investment, adding another 150 jobs and will be completed by January 2022. “We’ve already ordered an additional ThruAir Dry machine that will be a duplicate of what we already have in our Macon plant,” said Robert Irving. “This facility is part of an integrated value chain from sustainably managed forests to the store shelf. Most of the pulp for Macon products comes from our mill in Saint John, New Brunswick.”
The consolidated sales of the Group totaled EUR 1,924.3 million and were thus 9.1 % or EUR 161.2 million above the previous year’s value (1-3Q 2018: EUR 1,763.1 million). This increase primarily resulted acquisition-related from the packaging division. EBITDA rose by 17.9 % to EUR 297.2 million (1-3Q 2018: EUR 252.1 million). At EUR 195.6 million, an operating profit 13.5 % or EUR 23.3 million above the previous year’s value was achieved (1-3Q 2018: EUR 172.3 million), with MM Packaging accounting for two thirds and MM Karton for one third of the increase. In the course of the initial consolidation of the Tann-Group one-off expenses from acquisition effects totaling EUR -4.8 million were reported due to recognition of order backlog and inventory measurement. The operating margin amounted to 10.2 % (1-3Q 2018: 9.8 %).
Verso Corporation announced that Nancy M. Taylor and Randy J. Nebel have been appointed as independent members of Verso's Board of Directors effective immediately. With more than 20 years in senior management, as well as leadership roles in manufacturing and sales, Ms. Taylor brings extensive strategic, finance and corporate governance knowledge to the Board. She served as President and Chief Executive Officer of Tredegar Corporation, a manufacturing company, from February 2010 to June 2015, and currently serves on the board of two other NYSE-listed companies. Mr. Nebel brings extensive paper and packaging industry knowledge and senior leadership experience to the Board. He served as Executive Vice President of Integrated Packaging at KapStone Paper and Packaging Corporation from January 2017 to November 2018, and previously served on the board of the National Association of Manufacturers.
Three new members elected to the PEFC International Board at the 24th PEFC General Assembly in Würzburg, Germany. David Ford elected as the new Vice Chair, and two members re-elected for another term. Josien Tokoe, from the Kari’na people of Suriname, is a member of the Organization of the Indigenous Peoples of Suriname (IOS) and the lead for Human, Women and Family Political and Social Rights in COICA (the Coordination of in the Indigenous Organisations of the Amazon Basin). Kurt Ramskogler is Chairman of PEFC Austria, and Managing Director of the LIECO nursery of the Prince of Liechtenstein Foundation. Kurt is also an Advisory Board Member of the BFW (Austrian Research Center for Forests). Dradjad Wibowo is the Chairman and Founder of PEFC member Indonesian Forestry Certification Cooperation (IFCC). He is also the Founder and Chief Economist of Sustainable Development Indonesia (SDI) and an Associate Professor on the Perbanas Institute.
Financial summary for Q4 FY19 and full-year ended September 2019 • EBITDA excluding special items * For the quarter US$185 million (Q4 FY18 US$224 million) * For the year US$687 million (FY18 US$762 million) • Profit for the period * For the quarter US$50 million (Q4 FY18 US$107 million) * For the year US$211 million (FY18 US$323 million) • Net debt US$1,501 million (FY18 US$1,568 million). The major factors which influenced the group’s results include: • We experienced prolonged weakness in global graphic paper markets. • In the second half of the year the graphic paper segment started to benefit from a reduction in input costs, particularly paper pulp, helping to mitigate the impact of lower volumes.