In early spring, when the Covid-19 pandemic forced most bookstores to close and disrupted print book sales through Amazon, no one could have predicted that by summer unit sales of print books would be up 1.4% for the year to date over the same period in 2019, nor that sales would hit a weekly high for the year. But that is what happened in the week ended June 20, when unit sales from outlets that report to NPD BookScan topped 15 million—22.9% higher than the similar week last year—and total units sold for the year hit 295.7 million, up from 291.6 million in the first 24 weeks of 2019. The increase came from a combination of continued strong sales of books on racism and social justice, as well as from Father’s Day books. Sales also benefitted from the slow reopening of more bookstores and continued solid online orders.
Microsoft said on Friday it will permanently close all of its 83 store locations and will instead focus on its e-commerce business, where customers can visit for support, sales, training and more. The decision comes after Microsoft temporarily closed stores in March due to the spread of the coronavirus. Microsoft said the thousands of workers from these stores have already transitioned to new roles where they're providing sales, training, and support to customers from Microsoft corporate facilities or remotely. Total Retail's Take: Microsoft opened its first brick-and-mortar store in 2009, where people could go to try the company's software and hardware. This decision was made after Apple, its main competitor, was enjoying great success and popularity with its modern, clean retail outlets. Over the past decade, Microsoft expanded its retail presence in an effort to create a shopping experience similar to Apple’s.
High-graphic, efficient digital inkjet corrugated printing on EFI™ Nozomi C18000 ultra-high-speed single-pass inkjet printers continues to reach new benchmarks for packaging providers, including the achievement of another important certification addressing key recyclability needs. Electronics For Imaging, Inc. has received an additional validation from the Western Michigan University (WMU) Recycling, Paper and Coating Pilot Plant – a leading certification organization for corrugated recycling – that further verifies the recycling and repulpability of boards printed with white EFI Nozomi UV LED inks. The WMU Pilot Plant provided an OCC (old corrugated containers) certification to EFI Nozomi white inks, extending the solid, research-driven evidence that Nozomi inkjet-printed corrugated boards can safely, efficiently and effectively enter recycling streams. This new certification follows the WMU Pilot Plant’s initial OCC certification provided for the EFI Nozomi C18000 printer’s CMYK four-color process ink set.
Appvion is a North American leader in specialty papers and coatings. We aim to achieve sustained profitable growth for continued successful business development and improved corporate citizenship through responsible business practices and integrity. We are committed to building environmental sustainability, social responsibility, and effective corporate governance into all aspects of our business while ensuring that ecological stewardship is a key component of our corporate responsibility. Our approach to sustainability is focused on four key areas: Environment; Community; Workplace; and Economy.
Mondi, leading global packaging and paper group, has successfully completed the implementation of a new state-of-the-art paper sack converting machine at its Nyíregyháza site in Hungary. The machine – a Windmöller & Hölscher AD 8320 / AM 8115 – allows the plant to produce a new line of sophisticated paper sacks for food packaging. The site will be capable of producing more than 130 million sacks annually. The Mondi Nyíregyháza plant, which employs more than one hundred people, serves the Hungarian, Romanian, Austrian and Bulgarian market in many industries and sectors. It produces industrial paper sacks (open mouth and valve bags) for applications such as cement, building materials, food-feed-seed, chemicals and pharmaceuticals.
TAPPI has named Steve Voorhees, chief executive officer of WestRock, as the TAPPI/PIMA Executive of the Year. WestRock, headquartered in Atlanta, Georgia, is a global provider of differentiated paper and packaging solutions. “Since taking the helm at WestRock in 2015, Steve has expertly managed its electrifying growth, helping WestRock more efficiently and economically serve customers,” says Larry N. Montague, TAPPI president and CEO, in a statement.
The Washington Post plans to add 14 new positions to the graphics and design teams. “We live in an increasingly visual society, and communicating information with the powerful visual tools we now have is proving to be particularly effective – in explaining complex subjects, encouraging readers to explore subjects more deeply and attracting more readers and subscribers,” Marty Baron, executive editor of The Washington Post, told Publishers Daily. Six of the seven most visited stories in WaPo's history have been graphics, including the coronavirus simulator that became the most visited article in the publisher's history.
We are holding two sessions as part of our PEFC Training Recognition Programme (TRP) for certification bodies. The sessions will focus on technical calibration for the 2020 standards and the certification body internal training recognition requirements. Following this training, certification bodies can apply for recognition of their internal trainings. Once approved, they can provide internal PEFC training to their own auditors. Both sessions will be held online over three half-days, approximately four hours a day. We are holding the sessions at two different times, to ensure certification bodies around the world are able to attend.
For the first time in its history, Fishers Gin (Fishers), a spirit inspired by the quaint coastal town of Aldeburgh, U.K., is available for purchase in an eye-catching tin that reflects the brand’s seaside origins and premium appeal. Known as the ‘Gin Distilled by the Sea,’ Fishers worked closely with Crown Aerosols & Promotional Packaging Europe to produce a design that captures the signature colors and netted style of its standard bottle. This cohesiveness ensured the new package remained true to the brand’s well-established identity. Fishers approached the design process with enthusiasm and a desire to push the envelope. The brand engaged Crown for its expert advice and guidance from the beginning of the project, having been inspired by its diverse and creative metal packaging portfolio. Using the concept of a white tin and fishnet look as a starting point, Crown’s design and in-house engineering team counselled Fishers on the overall style of the tin, as well as how to attain the best graphic results when printing on metal. Crown and Fishers collaborated on each detail of the gifting tin, testing different concepts and combinations until the tin achieved the desired premium look and feel.
As part of its continued focus on global sustainability leadership, Ahlstrom-Munksjöhas initiated its ‘from Plastic to Purpose’ campaign, highlighting first its new brand of CelluSnack™ snack packaging papers. “Our ‘from Plastic to Purpose’ campaign aims at raising awareness around the world regarding the possibility of fiber-based solutions as a renewable packaging option,” said Robyn Buss, Executive Vice President of Ahlstrom-Munksjö’s Food Packaging & Technical Solutions Business Area. “Consumers and brand owners are demanding more sustainable solutions that reduce their impact on the environment and also have a positive end-of-life story – anywhere from compostability and biodegradation to recyclability. By promoting the story of ‘from Plastic to Purpose’ we are encouraging food and industrial packaging producers globally to consider fiber and paper-based solutions as they innovate products for their customers.”
Since the COVID-19 pandemic was declared, Canada’s forest products industry has been hard at work delivering urgently needed, critical products that are helping Canadians and Americans weather this unprecedented crisis. Our industry is a vital part of supply chains that produce a range of in-demand goods like masks and gowns for the health care sector; packaging for food, pharmaceuticals, and online purchases; and hygiene products like tissue and toilet paper. Because of its important role, the Government of Canada designated the forest sector an essential service, to prevent shortages of key items we need and use every day. Despite the value placed on our products, the Natural Resources Defense Council (NRDC), a U.S.-based lobby group, has chosen this time to release a report critical of Canada’s forest sector. Regrettably, this report misrepresents our industry and makes numerous false claims and accusations. It states, for example, that toilet paper production is putting the boreal forests at risk. In reality, forest products from Canada’s boreal region can be counted among the most responsibly made in the world.
Peter Greven GmbH & Co. KG, a leading manufacturer of oleochemical additives, signed an exclusive distribution agreement with Solenis Switzerland GmbH, a leading manufacturer of specialty chemicals. Effective immediately, Solenis will be the authorized distributor for Peter Greven's calcium stearate dispersions for paper coating applications in the European Union,the United Kingdom and Russia. "Calcium stearates are used in paper coating formulations, mainly in printing grades,as lubricants to facilitate the process of coating the paper," said Jose Santolaya, director, Product Management EMEA. "As the channel to market for these dispersions in the paper industry, Solenis will provide these products under our Nopcote™ coating lubricants brand. We have one of the largest lubricant product portfolios on the market today including standard and specialty lubricants."
Alongside its year-end results the postal operator's interim executive chair, Keith Williams, outlined a new three-step plan to get the business back on track. "In recent years, our UK business has not adapted quickly enough to the changes in our marketplace of more parcels and fewer letters. Covid-19 has accelerated those trends, presenting additional challenges,” he said. Some 2,000 management jobs will go, more than 20% of the current total of 9,700 management positions. Royal Mail said the biggest reductions would be in “senior executive roles and non-operational functions”. The restructure will cost about £150m, and will result in annual savings of £130m. Capex will be reduced by £300m across the group over the next two years, with £250m of the cutbacks affecting the UK.
In the last two blogs written by Michelle Houston, she covered the importance of using Contribution Per Order (CPO), instead of ROAS when evaluating the performance of marketing programs. At the end of one of those blogs, she talked about the importance of also assessing and understanding the significance of lifetime value (LTV) as part of the equation. I wanted to continue that thread and take it a step further by incorporating LTV as the last step of the proper analysis into the equation. As covered in past discussions, LTV is an important metric to track as it will vary widely by acquisition source. When applied to the first order for a new customer, CPO is the equivalent to cost or profit per customer acquired. This will vary by acquisition source as well. When CPO is combined with LTV, those metrics are a powerful tool in driving your company in the right direction (or wrong direction if you’re not careful). In the analysis below, we can evaluate the total effect that CPO and LTV have on the current and future business.
Berry Global Group, Inc. announced its collaboration with The Medicom Group, (Medicom), to design the manufacturing solution and guarantee the supply of nonwoven fabric intended for use in producing hundreds of millions of face masks annually as part of Medicom’s agreement with the British Government. Medicom is one of the world’s leading manufacturers of medical and respiratory masks. To do so, Berry is investing in a new state-of-the-art meltblown nonwovens line, to be outfitted with its proprietary charging technology, at one of its UK based facilities to increase capacity of material necessary in the production of European-standard Type IIR and N99-equivalent FFP3 masks. The masks will be manufactured and sold under Medicom’s European Kolmi brand.
Lecta expands its offering of Adestor self-adhesive products for the healthcare industry with the launch of Adestor Laser 60 LB DfE. Hospitals and laboratories handle chemical samples and tests that require a high degree of traceability to ensure the monitoring of all the coded data on test tubes. The identification of the containers, through variable labeling, requires label integrity, both in terms of adhesion and data legibility. The new Adestor Laser 60 LB DfE facestock, with greater environmental efficiency, provides excellent performance for all small-diameter labeling applications used in the most frequently performed analysis processes in laboratories. This new product is also ideally suited to different variable data printing technologies.
Average student spending on college textbooks and digital course materials has steadily declined in recent years, according to new data unveiled from Student Watch, which is funded by the National Association of College Stores Foundation, and Student Monitor, an independent research firm. In its new annual report, Student Watch reports a decline in student spending on course materials of 35 percent over the past six years, while Student Monitor’s semi-annual report similarly indicates a 39 percent decline over the same time period. “Students are actually spending less on college course materials than we have seen them spend before,” commented Brittany Conley, Research Analyst, On Campus Research for the National Association of College Stores (NACS). “We saw that students spent about $413 across the academic year on course materials. Ten years ago, that number was closer to $700.”
By buying PEFC-certified products, we can all help support local communities to continue looking after our forests. Learn more about the importance of supporting sustainable forest management from our CEO Ben Gunneberg! “Although we have already been reaching out to over a million people to safeguard the forests and to manage them in a sustainable way, we do have a problem. When the shoppers in the shop see a wooden product, they still think that they are participating in the destruction of trees,” he explains. “They are not realising that by buying these products they’re helping local communities and they’re safeguarding those forests that they love.”
ePac Flexible Packaging announced plans to open its next facility near Sacramento, serving the Northern California area. The company has begun accepting orders, with fulfillment handled by other ePac U.S. locations until its manufacturing facility opens. The Sacramento facility is scheduled to open in 3Q 2020. ePac Sacramento is a joint venture between Karma Packaging and ePac Holdings, and will be managed by Pete Rogers, a long-time Sacramento native and business owner. The ePac manufacturing facility will be located at 1601 Aviation Blvd Suite 125, Lincoln, CA 95648.
R.R. Donnelley & Sons Company introduced The_Loft@RRD, a new innovation platform that connects companies with people, technologies and strategies to accelerate their digital transformation and achieve innovation at scale. Investment in transformational technologies is growing at a 17.5% compound annual growth rate and is expected to reach $7.4 trillion between 2020 and 2023, according to IDC. Yet this investment does not always translate into strategic improvements. In 2018, Gartner found that while 66% of CIOs believed they were transforming their businesses, only 10% actually were doing so, based on their descriptions of the digital initiatives in place. To close this gap and help enterprises execute on their goals, The_Loft @RRD is an “Innovation-as-a-Service” platform physically located in RRD’s Chennai center.
TC Transcontinental is proud to be named once again as one of Canada’s 50 best corporate citizens, placed in 10th position in the renowned Corporate Knights’ 2020 Best 50 Ranking. According to Corporate Knights, TC Transcontinental ranks among the Top 10, overall thanks namely to its high clean revenue score, strong gender diversity at the board and executive levels, its solid safety record, as well as its strong energy and water productivity. “We are very proud to be in Corporate Knights’ prestigious Top Ten ranking for the second year in a row” said François Olivier, President and Chief Executive Officer of TC Transcontinental. “This announcement comes at a time where the pandemic that hits our world reminds us more than ever, of the importance for all stakeholders across the value chain to act together to carry out responsible business strategies. Our Corporation continues to be deeply committed in demonstrating how our business practices can have a positive economic, social and environmental impact on both people and planet for generations to come."
Total European shipments of graphic papers in April 2020 were down 29.1% vs. April 2019 and are down 12.7% year-to-date. Total European shipments of newsprint in April 2020 were down 25.5% vs. April 2019 and are down 11.0% year-to-date. Total European shipments of sc-magazine in April 2020 were down 35.9% vs. April 2019 and are down 16.1% year-to-date. Total European shipments of coated mechanical reels in April 2020 were down 35.1% vs. April 2019 and are down 18.7% year-to-date. Total European shipments of uncoated mechanical (improved & others) in April 2020 were down 14.4% vs. April 2019 and are down 4.0% year-to-date. Total European shipments of coated woodfree in April 2020 were down 36.2% vs. April 2019 and are down 15.9% year-to-date. Total European shipments of uncoated woodfree in April 2020 were down 23.5% vs. April 2019 and are down 8.1% year-to-date.
Paper Excellence Canada today announced that Catalyst Paper Corporation has been voted amongst Canada’s Best 50 corporate citizens by Corporate Knights. This is the thirteenth time that Catalyst Paper, which operates pulp and paper facilities in Crofton, Port Alberni, and Powell River, British Columbia, has achieved the Best 50 Award with Corporate Knights. The Best 50 Award is judged using 21 key performance indicators that relate to the organization’s raw resource use, emissions profile, innovation, women in key positions, safety performance, and percentage of revenue from clean sources. Paper Excellence’s VP of Environment, Health and Safety, Graham Kissack, said “We’re extremely proud to be part of this group of leading Canadian companies demonstrating that sustainable business practices can be both profitable while offering long term stability and protection of our ecosystems.”
National Average Price for Regular Unleaded Current: $2.176; Month Ago: $1.962; Year Ago: $2.684. National Average Price for Diesel Current: $2.440; Month Ago: $2.412; Year Ago: $2.992.
American Dollar to Canadian Dollar = 0.731999; American Dollar to Chinese Yuan = 0.141272; American Dollar to Euro = 1.121358; American Dollar to Japanese Yen = 0.009346; American Dollar to Mexican Peso = 0.043810.
Public Utility District No. 1 of Pend Oreille County General Manager Colin Willenbrock issued the following statement regarding the indefinite idling of Ponderay Newsprint Company: “Ponderay Newsprint has long been an outstanding employer and community partner in the Pend Oreille valley. While recent news of the mill being indefinitely idled has long been anticipated, it still hits us hard to know this chapter in our community’s story may be coming to a close. We will be creating a page on our website for customers – including PNC employees who live in Pend Oreille County – to learn about energy assistance programs, financial resources, and other helpful information as we make this transition together.
Worzalla has announced the completion of its modernization and expansion plan. In October 2019, Worzalla had declared it would be investing $12.5 million in new machinery and capital improvements to the company’s headquarters in Stevens Point, Wisconsin. “In Worzalla’s long history, we have always adapted and evolved to be leaders in our industry and deliver for our customers,” said Jim Fetherston, President and CEO at Worzalla. “We’re proud to celebrate this milestone and the completion of the modernization and expansion plan as we look ahead to the next 125 years.” Worzalla honored the occasion with a small virtual ribbon cutting ceremony featuring partners and customers from across the book printing industry.
Amazon announced its choices for 2020’s Best Books of the Year So Far, selecting Abi Daré’s debut novel, The Girl with the Louding Voice, as the top pick. Throughout the year, the Amazon Books editorial team pores over thousands of pages to determine the Best Books of the Month, Best Books of the Year So Far, and Best Books of the Year, debating new releases across various categories—including literary fiction, mystery and thriller, biography, children’s books, and young adult—all to help customers find their next great book. For Best Books of the Year So Far, the Amazon Books editorial team read and selected titles released between January 2020 and June 2020. This year’s list includes the first adult novel of a longtime children’s book author, a sought-after tattoo artist’s memoir on assimilating to American culture after leaving Vietnam, and a gripping true story of a family trying to understand how schizophrenia has affected their lives and future.
GNC Holdings Inc. has filed for Chapter 11 bankruptcy protection with plans to close at least 800 to 1,200 stores as it looks to cut its debt and restructure amid the COVID-19 crisis. The struggling, 85-year-old vitamin and supplement retailer said it has reached an agreement with the majority of its secured lenders and key shareholders to pursue a dual-path restructuring process that will allow the company to emerge as a standalone business or for it be sold as a going concern. The plan allows GNC to restructure its balance sheet and accelerate its store optimization strategy.
Macmillan Publishing's trade group will establish a new 13-member "trade management committee" to set goals and objectives for all publishers, divisions, and departments under its purview, the company announced in two letters to staff on Monday, one from CEO John Sargent and another from president Don Weisberg and COO Andrew Weber. The new management team will set company-wide goals and objectives, though the publishing houses will remain as independent companies, and the publishers will continue to report directly to Weisberg. As for his role, Sargent said he will "step back from day-to-day management to make room for new voices" in the U.S. trade publishing operation, although he will remain in charge of the overall Macmillan global businesses. Macmillan's college operations are not part of the new initiative. The move is the most significant to date at Macmillan to address issues of diversity and representation in the publishing business, and comes two weeks after an industry-wide collective action protesting racism initially organized by five Macmillan employees took place (an action on which the publisher declined to comment).
Two Sides North America today announced the launch of Love Paper, a new campaign designed to raise consumer awareness of the unique and inherently sustainable characteristics of print, paper and paper-based packaging. The centerpiece of the campaign is a consumer-friendly website, lovepaperna.org, where the click of a mouse reveals surprising facts about how print and paper products contribute to a sustainable future for us all. “As consumers become increasingly concerned about the environmental impacts of the publications they read, the products they buy and the packaging those products come in, they need factual, science-based information to make informed purchasing decisions,” says Two Sides North America President Phil Riebel. “But all too often, they have little more than unsubstantiated marketing claims like ‘go green, go paperless’ or ‘going paperless saves trees’ to guide them. We created the Love Paper campaign to make it easy for anyone to get verifiable facts about the sustainability of print and paper products from a wide variety of trusted sources.”
DS Smith was joined by its global partner the Ellen MacArthur Foundation for a virtual event to explore the packaging company’s brand-new Circle Design Principles. With over 700 packaging designers developing hundreds of thousands of packaging specifications every year, DS Smith is helping its customers to optimize packaging for their individual supply chains every day. The new Circular Design Principles, which have been developed in collaboration with the Ellen MacArthur Foundation, equip the designers with a framework to stimulate innovation and offer customers more sustainable packaging designs.
Printing and packaging businesses seeking growth by offering pick-and-pack fulfillment have an important new, automated offering from Electronics For Imaging, Inc. Newly launched EFI™ MarketDirect Fulfillment software is designed for easy implementation. The new inventory management product is part of the MarketDirect suite of web-to-print, eCommerce and cross media solutions. Equipped with intuitive and flexible administration tools, the new fulfillment offering creates a seamless order-to-fulfillment workflow that businesses can use to expand service offerings, create efficiency in warehouse operations, and drive even greater customer loyalty. The new software offering delivers out-of-the-box functionality for existing MarketDirect StoreFront web-to-print/eCommerce users, with a structure designed to reduce the time and complexities needed to start and manage print fulfillment operations. MarketDirect Fulfillment also leverages the latest in web eCommerce technology to provide a brilliantly simple and powerful administrative dashboard to manage both clients and orders.
PRINTING United, originally scheduled to take place at the Georgia World Congress Center in Atlanta on October 21-23, 2020, will now move to a powerful online experience this fall due to constraints surrounding the COVID-19 pandemic. The health and safety of all attending and involved with the show remains paramount. The decision to terminate the in-person expo comes after extensive conversations, up-to-the-minute surveys, and projections that the team has been navigating since the onset of the pandemic. Details regarding the new online event experience are forthcoming. PRINTING United has met continuously with experts from the Georgia World Congress Center, the city of Atlanta, Johns Hopkins Center for Health Security specializing in mass gatherings, and local authorities on guidance and recommendations on best practices as related to all aspects of the event.
When packages come and go, label choice matters. A truly closed loop solution is here with new and improved UPM Raflatac RW85C wash-off label materials for PET containers, now available in the Americas market. Part of the UPM Raflatac SmartCircle™ sustainable product range, products with RW85C adhesive offer best in class wash-off technology. Because PET plastic packaging is lightweight and economical to manufacture, it is in high demand. Although PET has the highest recycling rate among plastics, less than half is collected for recycling, and the vast majority that is recycled is downcycled because it is not suitable for turning back into bottles or food containers. This can be due to the labels not separating well during the recycling process. As more and more global brands seek recycled content in their packaging materials, label choice has never been more important.
Macy’s, Inc. announced details of a restructuring that will align its cost base with anticipated near-term sales as the business recovers from the impact of the COVID-19 pandemic, including the closure of stores from March 18 through May 4, 2020 and gradual re-opening. The company will reduce corporate and management headcount by approximately 3,900. Additionally, Macy’s, Inc. has reduced staffing across its stores portfolio, supply chain and customer support network, which it will adjust as sales recover. The company expects the actions announced to generate expense savings of approximately $365 million in fiscal 2020 and approximately $630 million on an annualized basis. These savings will be additive to the anticipated $1.5 billion in annual expense savings announced in February, which the company expects to fully realize by year-end 2022.
The U.S.-based nonprofit Food System 6 (FS6) announces the launch of a comprehensive startup program in partnership with global sustainable food packaging leader Huhtamaki. The Huhtamaki Circular Economy Startup Program by Food System 6 is designed to accelerate the development of young and promising companies working for a more sustainable future. It will focus on identifying and developing early-stage companies with innovative and promising sustainable solutions in areas such as waste diversion, sustainable packaging alternatives, new materials innovations, and regenerative production models. “Our program is happening at a critical time. The COVID-19 crisis has exposed the vulnerabilities that already existed in our fragile food system,” said Caesaré Assad, Chief Executive Officer of Food System 6. “We need solutions now that will support regeneration and circularity across agriculture, food distribution and production. By supporting entrepreneurs, we can rectify the problems that impact people and our planet to create a stronger, resilient, and equitable world.”
Amazon announced it has established a new Counterfeit Crimes Unit, dedicated to bringing counterfeiters that violate the law and Amazon’s policies by listing counterfeit products in its store to justice. Amazon’s Counterfeit Crimes Unit is a global, multi-disciplinary team composed of former federal prosecutors, experienced investigators, and data analysts, and will join Amazon’s extensive work to drive counterfeit to zero. Amazon’s first objective is to prevent a counterfeit from ever being listed in its store, and its comprehensive proactive anti-counterfeit programs have ensured that 99.9% of all Amazon products viewed by customers did not have a valid counterfeit complaint. In 2019, Amazon invested over $500 million and had more than 8,000 employees fighting fraud, including counterfeit. Amazon’s efforts have blocked over 6 billion suspected bad listings in 2019 and blocked over 2.5 million suspected bad actor accounts before they were able to make a single product available for sale.
Ink is proud to announce that we have just won a huge number of awards in two prestigious international media competitions. Firstly, our video series for American Airlines, "One Day, Two Ways," has just won two Silver Telly Awards for Travel/Tourism and Non-Broadcast Production at the 41st annual competition. The Telly Awards “honour video and television across all screens to winners that tell great stories.” Secondly, we we have won an astonishing 21 Communicator Awards! In fact, 11 of our projects received the competition’s highest honour, the Award of Excellence – on top of 10 awards of Distinction.
Cochrane is delighted to announce the signing of a new contract with John Wiley & Sons, Ltd., to publish the Cochrane Library for the next 10 years from January 2021. The agreement guarantees major investment into future development of the Library to sustain Cochrane as the world’s pre-eminent collection of high-quality evidence to inform global healthcare decision making. Cochrane’s Chief Executive Officer, Mark Wilson, warmly welcomed today’s announcement: “The Cochrane Library is central to Cochrane’s mission of producing and making available to the world high-quality, relevant, accessible systematic reviews and other evidence synthesis. Traffic to the Library has greatly increased over the past seven years as we have made it accessible in 12 languages and we have built a publishing platform that will enable us to deliver new journals, new databases and new features that will help us meet that mission as never before. We are confident we have a strong strategic partner with whom to work on the longer-term publishing challenges and opportunities.”
As we come out of lock-down, more opportunities for businesses are emerging and it’s important for marketers to seize them. Direct mail is perfect for doing that as it can build more personal connections with the people who value your brand. It’s a topic we recently spoke about in our article ‘Direct mail provides opportunity for brands to cut through the noise‘. Mail is highly targeted and has a format which enables a longer narrative, perfect for sparking conversations. People like receiving, sharing and discussing it. And it is measurable – so you can track and optimise your campaigns.
American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index contracted 1% in May after falling 10.3% in April. In May, the index equaled 106.1 (2015=100) compared with 107.2 in April. “While tonnage fell in May, even though other economic indicators like retail sales and housing starts rose, I’m not overly concerned,” said ATA Chief Economist Bob Costello. “First, while down over 10 percent sequentially in April, truck tonnage did not fall as much as other economic indicators that month. This means that any rebound is tougher since tonnage didn’t fall substantially to begin with. Second, there are indications that freight continues to improve as more and more states and localities lift lockdown restrictions.” April’s drop was revised up to -10.3% from the 12.2% decline reported in our May 19 press release.
Scholle IPN, a global leader in flexible packaging solutions, has announced today a major rebranding to reflect the company's focused efforts on sustainable packaging. Ross Bushnell, President and CEO of Scholle IPN, said of the rebranding initiative, "This is a really exciting time for the Scholle IPN business and for our team around the world. The opportunities are endless for sustainable, leading-edge solutions crafted around film, fitments, and equipment offerings. We believe that our brand should more accurately reflect those tremendous opportunities and we are excited to launch the new brand campaign at this time."
Unlike any other adhesive on the market, PUREapply delivers a unique combination of initial open time and ultimate secure adhesion. It was designed for any semi-rigid or rigid plastic container substrates and is often used in beverage, cosmetics, toiletries, household goods and food packaging labeling. It is also suitable for cold, damp labeling applications. “PUREapply was custom-engineered for any and all plastics or glass – it doesn’t matter what type if it’s high or low energy, treated or untreated, and so on – PUREapply is the right choice,” says Kim Hensley, Senior Marketing Manager, Mactac Performance Adhesives. “No other comparable products on the market today are able to match PUREapply’s level of initial open time and still ensure long-lasting, secure label adhesion.”
Eco-Products® announced today its award-winning new line of molded fiber plates and containers – once in limited release – is now available to all customers nationwide. The groundbreaking new line – called VanguardTM – is made from sugarcane and uses proprietary compounds to achieve grease resistance without the use of conventional chemistry, known as PFAS. “Vanguard demonstrates our deep commitment to providing new choices for those seeking grease-resistant packaging,” said Sarah Martinez, Senior Marketing Director for Eco-Products. “Our goal is to stay at the cutting edge of innovation, and the Vanguard line keeps us right there. It’s another outstanding option for our customers.”
Smurfit Kappa’s industry-leading new recovery boiler is now operating at its Nettingsdorf paper mill in Austria. The unveiling of the state-of-the-art boiler marks an important milestone in Smurfit Kappa’s Future Energy Plant project, which was a €134 million investment to increase the sustainability and efficiency of the leading kraftliner mill. The innovative new boiler will enable the plant to further boost energy optimisation at the mill. By recovering energy from the biomass contained in black liquor from pulp production, the new boiler is set to cut CO2 emissions by 40,000 tonnes, which equates to about two-thirds of the current emissions at the site, and 2.4% of those from Smurfit Kappa Europe.
This custom branded tissue paper is dispensed from the Easypack Quantum™ on-demand, void-fill system. By using an automated packaging system that dispenses paper directly into the box, Inspyre paper offers the high throughput required by operations while delivering the branded unboxing experiences sought after by marketing. A study conducted by research firm Package InSight revealed custom branded paper had a significant impact on how participants valued both products and brands. Products packaged in branded tissue paper had a 24% higher perceived value than generic packaging. Brand impressions improved by 86%, brand recall increased by 40% and the likelihood of sharing on social media rose by 64% when participants unboxed products packed with custom branded tissue paper.
You’ve got a catalog marketing strategy in place that runs like a well-oiled machine. You provide your print partner with the creative, you get your in-home date, your website sees that uptick in web traffic, and you see that spike in sales that’s always so satisfying. As a catalog printer that’s been in business for nearly a century, we can tell you that this is how many long-time catalogers have run their programs. It’s not a bad thing, as consistency, repetition and reinforcement are what creates a brand. However, that isn’t to say there isn’t room to improve – especially when you’re looking to stand out better in the mailbox. If you’re not ready to make those types of changes, there are other options that are easier and free-er. Here are a few ways to improve your catalog marketing strategy that are quick, easy and painless: click read more below
Transcontinental Advanced Coatings announces that it has added reflex™ CE Gloss high-performance films to its reflex™ line of hardcoated films. The new reflex™ CE Gloss is a clear gloss, hardcoated film formulated on optical grade, highly stabilized polyester. It is coated in a certified ISO Class 7 (Class 10,000) cleanroom. The product boasts a scratch-resistant, proprietary hardcoat formulation on one side of the film and a print receptive coating on the other, enabling printing with both solvent and UV screen print inks. The performance characteristics of reflex™ CE Gloss include excellent optical clarity and haptic functionality, exceptional hardness, chemical resistance, and flexibility that enables embossing. The price-performance point of reflex™ CE Gloss makes it the ideal product for next-generation Electronic Displays, Membrane Touch Switches (MTS), Human Machine Interfaces (HMI), Printed Electronics, Functional Controls, Sensors, Capacitive Touch Interfaces, and Durable Labels. Tested to over 3 million actuations, reflex™ CE Gloss has industry-leading flex life.
The U.S. paper industry has met or exceeded a 63 percent recycling rate since 2009. Paper and wood products are widely used across the United States — from toilet paper and paper towels to corrugated and paper bags used to deliver items to your home. And these essential products have something in common — recyclability. Recycled wood fiber can be used at least seven times to create new products, and approximately 80 percent of U.S. paper mills depend on recovered fiber from recycling operations to make the everyday, essential products we rely on.
Ahlstrom-Munksjö has been awarded with EcoVadis Gold rating for the company’s sustainability management and performance for the fourth consecutive year. Compared with the results from the previous year, progress was especially made in sustainable procurement. EcoVadis is a globally recognized business sustainability rating provider. The Corporate Social Responsibility assessment criteria include four themes; environment, labor practices, sustainable procurement and fair business practices. The EcoVadis method is based on internationally adopted principles for sustainability reporting, such as the Global Reporting Initiative, United Nations Global Compact and ISO 26000, and is audited by independent sustainability experts.
BillerudKorsnäs launches Pure Performance, a White Top Kraftliner that combines high strength, excellent printability and purity in one material. Pure Performance is a unique paper product that offer packaging material reduction thanks to its 3-ply construction. Pure Performance is one of the first products from the world´s most modern board machine KM7 at BillerudKorsnäs and has received great appreciation among customers within the corrugating industry. Pure Performance offers extraordinary strength thanks to a 3-ply construction with optimized fiber properties: *The top ply contains well distributed short white fibers optimized for excellent printability. *The bottom ply has unbleached long fibers for highest strength. *The middle ply is used to create bulk in order to maximize stiffness and minimize washboarding.
Paper plays a special role in our everyday lives, bearing witness to our achievements, our relationships, our intentions and our creativity. It’s also an important link to the past. Valuable papers, such as historical documents and original works of art, offer a tangible way to connect with our ancestors and the people who shaped the world. From time to time, valuable papers come up for auction, where they can attract bids in the millions of dollars from collectors who want to own a piece of history. Check out these valuable papers that made headlines at auction. click read more below for details
KP Tissue Inc., which holds a limited partnership interest in Kruger Products L.P., announces that Michael Korenberg has, effective today’s date, resigned as Chairman and a director of KPT and as a director of KPGP Inc., the general partner of KPLP. We sincerely thank him for his four years of service and leadership on the Board. With Mr. Korenberg's resignation, KPT is now seeking the appointment of a new independent director on its board, who will also serve as a nominee of KPT on the board of KPGP Inc.
The Public Interest Advocacy Centre (PIAC) and the National Pensioners Federation (NPF) filed yesterday a Petition to Cabinet of the Federal government to reverse the Canadian Radio-television and Telecommunications Commission’s (CRTC) decision to allow Koodo Mobile (owned by TELUS Communications Inc.) to change their customers’ monthly bill from paper to electronic format. “Canadian consumers deserve a paper bill if they want or need one,” said John Lawford, Executive Director and General Counsel of PIAC. “The CRTC and wireless companies pretend that seniors and others will not be hurt but that’s not what we heard,” he added. PIAC and NPF’s Petition asks the government to reverse the CRTC’s decision in order to ensure that customers know what their bill is, to be able to control their payments, and to avoid late fees and extra charges and possible disconnection.
Amazon announced The Climate Pledge Fund to support the development of sustainable technologies and services that will enable Amazon and other companies to meet The Climate Pledge—a commitment to be net zero carbon by 2040. This dedicated venture investment program—with an initial $2 billion in funding—will back visionary companies whose products and services will facilitate the transition to a zero carbon economy. Last year, Amazon and Global Optimism co-founded The Climate Pledge, a commitment to reach the Paris Agreement ten years early and be net zero carbon by 2040. Verizon, Reckitt Benckiser (RB), and Infosys recently joined the pledge—sending an important signal to the market that there will be rapid growth in demand for products and services that help reduce carbon emissions. Amazon’s new Climate Pledge Fund will accelerate investment in innovations for the zero carbon economy of the future.
10 Missions Media, the leading business-to-business publisher in the automotive industry, has acquired the automotive aftermarket division of Bobit Business Media, a deal that adds Modern Tire Dealer and Auto Service Professional to 10 Missions Media’s publishing portfolio that already includes FenderBender, Ratchet+Wrench, National Oil and Lube News, and ADAPT. In the deal, which closed June 11, 10 Missions Media also takes on ownership of Dealer Strategic Planning (DSP) 20 Group, a training operation for tire dealers.
Gannett Co., Inc. announced that the Board of Directors has decided to streamline the operating structure of the Company by eliminating the position of CEO of the operating company, Gannett Media Corp. Given this decision, the Board and Paul Bascobert have mutually agreed for Mr. Bascobert to terminate his employment with the Company. Mr. Bascobert’s departure is not the result of any inappropriate action by Mr. Bascobert, any violation of company policy, any accounting irregularity or any material deterioration in the business of the Company. Michael Reed, Chairman and Chief Executive Officer of Gannett, has assumed Mr. Bascobert’s responsibilities. While the Board does not intend to conduct a search to fill the role of Chief Executive Officer of Gannett Media, the Board does remain focused on attracting and retaining individuals whose skills and diversity will contribute to the Company’s digital transformation.“
Grainger announced it has entered into a definitive agreement to sell its distribution business in China, Grainger China LLC (Grainger China), to a purchaser owned by the Grainger China management team and Sinovation Ventures, a China-based venture capital firm. This divestiture will better enable Grainger to focus on its key businesses and geographies. To support this portfolio, the company will maintain its Global Sourcing operations based in China. Grainger's Global Sourcing provides the company with private label products in categories that include safety, cleaning, electrical, motors and tools.
HarperCollins Christian Publishing is moving the Zondervan Books and Zondervan Thrive imprints from Grand Rapids, Mich., to HCCP’s corporate office in Nashville. The move, HCCP said, will allow it to share best practices across the company’s trade book publishing program for both the Thomas Nelson and Zondervan publishing groups. “Creating a more cohesive structure for our trade book publishing imprints allows for us to manage our nonfiction brands under Don Jacobson’s leadership,” said Mark Schoenwald, president and CEO of HarperCollins Christian Publishing and HarperCollins Focus, in a statement. “We believe that having the Zondervan Books and Zondervan Thrive leadership in Nashville will help the teams better manage author relationships and allow them to collaborate on larger corporate initiatives.”
The Sustainable Forestry Initiative Inc. (SFI) is pleased to announce that 139 printers have certified to the SFI Chain-of-Custody Standard. This is the largest SFI group certification of any industry to the standard. The group includes printers from coast to coast in major cities and markets in the U.S. This certification allows a greater number of printers to be able to use the SFI on-product label. SFI on‑product labels help customers and consumers make sustainable choices. The regional affiliated organizations led the group certification through its Regional Affiliate Certificate Group (RACG) program.
While marketing focus steadily shifting from a mass to a more personalized approach, and each consumer increasingly has their own individual tastes and needs, analogue printing technologies such as gravure and flexography can not always caater to such requirements. This has lead to vendors needing to create an ever increasing variety of products but of smaller quantities, a phenomenon which has led to a constant reduction in the size of production lots. The Miyakoshi MJP30AXF includes features such as: *Water based ink, safe for food packaging *Minimizing of inventories and waste helping to achieve sustainable goals *Optimized production with a variety of small jobs on one single web *High resolution 1200 x 1200 dpi with latest inkjet printhead technology *Digitally printed white, enabling high quality colour reproduction *750 mm(30 inch) print width and 50 meter per minute printing speed *No make-ready time such as plate/drum making, and ink change.
According to the LOHAS2020 study, a growing number of consumers are considering the consequences of their consumption behaviour. Up to two out of three Finnish consumers would like to have more information on which packaging would be the best choice for both the environment and the shelf life of the product. “This was the third LOHAS consumer survey to address packaging issues extensively. Compared to previous studies conducted in 2011 and 2014, a lifestyle that supports both personal health and sustainable development has become an increasingly important factor in driving consumer behaviour. The coronavirus pandemic has probably further increased consumers' understanding of the core benefits of packaging,” says Virpi Korhonen from Sense N Insight.
Industry digital inkjet leader Scott Schinlever has re-joined Electronics For Imaging, Inc. in a new role as chief operating officer for EFI’s global inkjet business. Schinlever, who starts in his new position today, has been charged with further expanding EFI’s market-leading industrial inkjet portfolio, while facilitating the analog-to-digital transformation throughout the industry for EFI’s current and future customers. Schinlever will be responsible for all equipment, ink, and service solutions throughout the vast EFI™ portfolio in Display Graphics, Textiles, Packaging and Building Materials. Schinlever, who most recently was president and COO of Automation Solutions for Tolland, Connecticut-based Gerber Technology, had a long career managing the marketing, growth and development of EFI VUTEk® printers and other EFI inkjet technologies. He joined the digital print industry in the late 1990s, working with the Xerox® Office Systems Group. In 2001, he took on a marketing position at the pioneering superwide-format printer manufacturer VUTEk, a company EFI acquired in 2005. Schinlever continued to rise through the ranks at EFI following that acquisition, becoming senior vice president and general manager for EFI Inkjet Solutions – the company’s largest business unit – before joining Gerber Technology in 2018.
Charles "Charlie" Whitaker, a 30-year paper industry veteran who joined Taylor Corporation in 2012 and most recently served there as executive VP, has been named CEO of the North Mankato, Minn.-based international printing conglomerate. He replaces company founder Glen Taylor, who remains as chairman and owner of the privately held, multibillion-dollar company. “Charlie was a trusted supplier and friend to Taylor for many years,” Glen Taylor said in a news release. “We were excited when he joined the Taylor team and his energy, experience, and enthusiasm made an immediate difference for our company. His recent leadership through our business transformation and his guidance through the global pandemic has proven that Charlie is ready for this top leadership role.”
International technology group ANDRITZ has received an order from Sun Paper to supply pulp dewatering and white liquor plant technologies and key process equipment for their new pulp mill in Beihai, China. Start-up is scheduled for the fourth quarter of 2021. The scope of supply on EPS basis includes the following equipment: Wet lap system with two production lines for a capacity of 1,120 admt/d bleached hardwood kraft pulp, each consisting of a Twin Wire Press for pulp dewatering, a cutter-layboy and a baling line. Evaporation plant with a high-concentration section for a total evaporation capacity of 1,100 t/h and a final dry solids content of 85%. Ash re-crystallization (ARC) system, with an ash handling capacity of 400 t/d, to treat the ash from the electrostatic precipitator by decreasing the chloride and potassium content while recovering sodium and sulfate.
On the doorstep of a decisive decade for climate change, Kimberly-Clark has announced expanded new targets for greenhouse gas (GHG) emissions, approved by the Science Based Targets initiative (SBTi) and aligned with the goals of the Paris Climate Agreement. Kimberly-Clark's ambitions for 2030 include a commitment to reduce the carbon footprint of its operations and supply chain for its trusted brands, including Huggies®, Kleenex®, Cottonelle®, Scott®, Kotex® and Depend® by 50 percent for absolute Scope 1 and Scope 2 GHG emissions (direct and indirect) from its operations. The commitment also includes a 20 percent reduction in absolute Scope 3 GHG emissions from purchased goods and services and end of life treatment of sold products. Both targets are based on a new 2015 base year.
As part of sustainable logistics concepts and in order to increase supply chain reliability for an important raw material, pulp, Koehler is making greater use of rail transportation. “We have expanded the existing rail connection, which was too small, added manual underground switches to it, and also purchased a modern shunting robot. This will enable employees to handle shunting work at the plant independently and flexibly and to process four times as much incoming tonnage,” explained Andreas Riedlinger, logistics team leader at Koehler. Total investments amounted to EUR 1 million. Since the start of the year, three to four weekly block trains have re-placed deliveries by truck, which amounted to as many as 15 per day.
UPM Raflatac is partnering with Vellamo, Finland’s award-winning natural mineral water for a truly innovative sustainable label. Vellamo’s bottles feature UPM Raflatac Forest Film PPTM, the world’s first and only wood-based polypropylene plastic label material. This transparent label material is constructed from UPM BioVerno naphtha, a 100 percent wood-based solution made from tall oil, a residue of pulp production, originating from sustainably managed forests. “This is an ideal collaboration to showcase how labels matter when it comes to sustainable packaging,” says Timo Kekki, Vice President, Films Business, UPM Raflatac. “Our innovative labeling material answers brand owners’ needs to replace traditional fossil-based virgin materials with renewable ones. The collaboration with Vellamo is an excellent example of how we are labeling a smarter future beyond fossils together with our partners.”
The U.S. may be reopening, but Shutterfly, the personalized products company, wants the gratitude for essential workers to keep on flowing. It’s featuring children’s thank-you drawings in out-of-home installations in a new campaign, kicking off in New York City’s Times Square and Grand Central Station. Throughout the pandemic, Shutterfly has been encouraging users to make messages of gratitude with its “Create Thanks” campaign. People all over the U.S. have been touched by kids’ homemade “Thank you, essential workers” messages. Besides taping the drawings up in living room windows, making sidewalk chalk drawings or tacking them up on front porches, many uploaded their handiwork to the company's content hub, says Jim Hilt, president of Shutterfly’s consumer products divisions.
The drawn-out saga of the potential sale of the Bertram Group, one of two major U.K. wholesalers, came to a conclusion today with the news that the business has gone into administration. A statement on behalf of administrators Turpin Barker Armstrong (TBA) was received by the U.K. publishing newsletter BookBrunch confirming the company had gone bankrupt. “We can confirm that Bertram Trading Limited, the global book wholesaler, has entered administration along with Education Umbrella Limited, a supplier of textbooks and digital education resources and Dawson Books Limited, an academic and professional library supplier," the statement reads.
The American Trucking Associations praised the leaders and members of the House Transportation and Infrastructure Committee for their work in advancing the INVEST in America Act to the House floor. “Chairman DeFazio and the entire committee have produced a solid piece of legislation that authorizes a real and significant increase in funding for our roads and bridges, as well as a broad range of policies to improve highway safety,” said ATA President and CEO Chris Spear. “ATA supports this bill and appreciates the hard work of the committee members and staff, and we look forward to working with Congress to further improve this important bill as it continues through the process, and securing bipartisan support for an infrastructure investment package that provides real money for our roads and bridges.”
Paragon Films, Inc., a leading stretch film manufacturer in North America, has filed a patent infringement lawsuit against Berry Global, Inc. in the U.S. Federal District Court for the Western District of Tennessee. The lawsuit alleges that Berry’s Fortitude products directly infringe four U.S. patents protecting Paragon Films’ Torque hand film products. The lawsuit seeks to recover damages as well as an injunction to prevent Berry from continued acts of infringement. “Innovation is one of Paragon Films’ core values,” said CEO Darin Tang. “Commitment to industry-leading performance, quality, and value to our customers drives our team. We must and will protect our intellectual property rights in the marketplace.”
Tetra Pak has launched a new, first-of-its-kind low-energy processing line for juice, nectar and still drinks (JNSD) to take beverage processing to a new level of efficiency. Innovatively using a unique combination of Pasteurization, Filtration and UV Light technology to treat beverages in two separate streams, which are aseptically blended together into the final beverage. Instead of pasteurizing the whole volume of the product, the new production line separates out water and pasteurizes only the concentrate. Water is treated separately with Filtration and UV Light which requires a lot less energy. In the new JNSD line customers reduce energy consumption up to 67% and water consumption used for cleaning-in-place, sterilisation and product change-over is cut up to 50%.
Meredith Corporation announced its intention to raise $710 million aggregate principal amount of proposed new secured debt, subject to market and other conditions. A combination of cash on hand and proceeds of the new debt will be used to redeem all of its outstanding Series A preferred stock ("Series A Preferred Stock") and pay fees and expenses incurred in connection with the financing and redemption transactions. The company also announced it has secured an amendment with its revolving line of credit lenders allowing for greater access to the credit facility. "We believe these steps will create significant benefits for all of our stakeholders as we pursue our previously communicated strategy to ensure ample liquidity and enhance our financial flexibility," said Meredith President and Chief Executive Officer Tom Harty.
Paper Excellence Canada announced that 1057863 B.C. Ltd, Northern Pulp Nova Scotia, Northern Timber Nova Scotia and other related non-operating affiliates (collectively, “Northern Pulp”) have obtained an initial order under the Companies’ Creditors Arrangement Act (“CCAA”). The initial order stays proceedings against Northern Pulp in order to provide it with an opportunity to restructure its business and financial affairs. Paper Excellence Canada has not sought relief in the CCAA proceedings. Northern Pulp owns a pulp mill in Pictou County, Nova Scotia. The pulp mill, which had been operational since 1967, was forced to stop production by January 31, 2020, after the Province of Nova Scotia’s decision to require Northern Pulp to cease using the Boat Harbour Effluent Treatment Facility (BHEFT). This left the mill with no ability to treat or transport pulp effluent. Since January, Northern Pulp has been conducting a safe and environmentally sound hibernation of the mill, which would allow it to reopen in the event a proposed new Effluent Treatment Facility (ETF) receives the necessary approvals.
Last week I wrote an article about why Contribution Per Order (CPO) should be the critical revenue metric that businesses use rather than Return On Ad Spend (ROAS). As a reminder, while ROAS is an efficient measuring metric, it cannot assign health to a channel, making it a relatively useless tool. In contrast to ROAS, Contribution Per Order (CPO) brings in the magnitude of the campaign segment targeted. This metric subtracts the marketing cost and cost of goods from each order to determine how profitable each of those segments is contributing to top-line demand and bottom-line profits. In one of my side comments in this blog, I mentioned the need to analyze Paid Search programs utilizing the same metrics and by further separating into branded terms vs. non-branded terms. In a recent year-end seasonal review with one of my clients, Paid Search was only reporting at a macro level (combining branded and non-branded search), which can be misleading. As shown below, Paid Search has a relatively positive CPO compared to traditional print prospecting (+$1.16 vs. -$2.15). Without understanding the full impact, this client was considering marketing decisions to expand Paid Search, reduce print prospecting, and potentially eliminate print programs—leading to potentially devastating results.
German-based Bauer Media Group has sold the print and digital assets of the magazines it operates in Australia and New Zealand, to Australian private equity firm Mercury Capital. The firm’s newly expanded portfolio includes 43 brands across women’s entertainment and lifestyle, fashion, beauty and health; homes; food; motoring and trader lifestyle categories. Titles include the Australian and New Zealand Women’s Weekly, Harper’s Bazaar Australia, Elle Australia and New Zealand Listener, among others. The deal also includes Pacific Magazines, which publishes Better Homes & Gardens, New Idea and Marie Claire.
REI Co-op applauds the June 17 passing of the Great American Outdoors (GAO) Act by a resounding 73-25 bipartisan vote in the U.S. Senate. The Great American Outdoors Act ends a history of underfunding the Land and Water Conservation Fund and not addressing the maintenance backlog on federal public lands - efforts that have been attempted in the past and have been unable to move through the legislative process. It provides $9.5 billion to address that backlog, and $900 million annually for the LWCF. This legislation will help dramatically reduce the growing maintenance backlog on federal public lands and will – for the first time -- provide full and consistent funding for the LWCF’s conservation and recreation goals.
Ronpak has joined Two Sides North America, the non-profit organization that promotes and encourages the responsible production, use, and sustainability of print, paper and paper-based packaging. “Ronpak is pleased to join Two Sides North America and we welcome the opportunity to help promote the sustainability of print, paper, and paper-based packaging. We look forward to working with Two Sides and its members to expand awareness of the benefits of paper for the packaging industry and the world at large,” said Mary Beth Vitale, Director, Client Services, Ronpak.
Cascades is pleased to announce the launch of its new range of Cascades Fresh packaging products for fruits and vegetables. Designed for producers, packers and retailers, Cascades Fresh packaging solutions meet the needs of this key industry while also addressing consumers' concerns about the environmental footprint of their foodstuffs. Through this new range of products, Cascades brings the circular economy to life by using different types of cardboard and recovered plastics to offer a full and multi-material range of eco-friendly, recycled and 100% recyclable products to reduce the environmental footprint of packaging used in the produce sector. The various products include trays made from PETE, LDPETE and cardboard, baskets, carriers and corrugated cardboard boxes as well as a number of sturdy and leakproof options.
While our minds and hearts are at the moment very much focused on managing the COVID-19 crisis and the economic recovery we must not lose sight of our long-term sustainability ambitions. We must continue to strive towards a greener economy and invest in the development of forward-looking technologies that help bring about a circular, carbon-free economy. To get there, we must start partnering across the value chain, designing for circularity while ensuring an effective use of renewable resources and energy. Only together we can deliver innovation for next generations that continue to protect the health and safety of consumers but also of the planet, including sustainable food production and biodiversity. These are all building blocks of the EU Green Deal — and they should also guide our green recovery. To ensure this, we must also secure that European regulation provides a clear and predictable framework to enable us to move in this direction together. Otherwise it may not encourage businesses to invest in the next generation of environmental innovation. And we will lack viable solutions to reach our goals.
Color Ink, based in Sussex, Wis., is a family business that has never stopped evolving. From its original roots as an advertising agency in the 1970s, to the decision in the 1980s to branch into commercial printing, to the full-service visual marketing services company it is today, Color Ink embodies the concept of convergence in action. “The company was started in 1975 by my grandfather, Jim,” Austin Meissner, sales and sourcing manager for the shop, says. “He decided to start his own ad agency, but because he was brokering out so much print, he decided to get into commercial printing in 1984. In the late ’80s, the company had become successful enough to move into a dedicated space in Hartland, Wis., before outgrowing that and then eventually moving into its current location, with two buildings and 105,000 sq. ft. of space. But just as Color Ink evolved from an ad agency to a commercial printer, it also embraced new technologies and the shifts in the market as time has progressed. Today, Austin Meissner reveals, they see themselves not as being a commercial printer as much as a boutique printer — heavily involved in a wide mix of projects that include everything from event space, pop-up retail locations, and even interactive elements with light and sound.
National Average Price for Regular Unleaded Current: $2.117; Month Ago: $1.889; Year Ago: $2.676. National Average Price for Diesel Current: $2.425; Month Ago: $2.410; Year Ago: $3.005.
American Dollar to Canadian Dollar = 0.737189; American Dollar to Chinese Yuan = 0.141332; American Dollar to Euro = 1.122296; American Dollar to Japanese Yen = 0.009364; American Dollar to Mexican Peso = 0.044292.
Neenah, Inc. announced that the Company is seeking to refinance its $175 million of unsecured Senior Notes which are due in May 2021. The Company anticipates refinancing the Notes with the proceeds of a new $200 million Term Loan B facility with a tenor up to seven years. The objectives of the refinancing are to increase the Company’s financial flexibility and extend its weighted average debt maturity. Terms of the potential refinancing will be disclosed upon the completion of the transaction, which is expected later this month. The proposed refinancing is subject to market and other conditions, and there can be no assurance that it will be completed.
♦ Company is experiencing strong ecommerce demand in its Gourmet Foods and Gift Baskets brands and its 1-800-Flowers Consumer Floral business, including a strong Mother’s Day holiday period as well as increased demand for every-day gifting occasions. ♦ Total consolidated revenues for Fiscal 2020 are now expected to grow in a range of 16-to-18 percent, compared with the prior year, up from a previous range of 8-to-9 percent.
A team of disposition firms consisting of Gordon Brothers, Hilco Merchant Resources, Great American Group, and Tiger Group announced that they have commenced store closing sales at 137* J. C. Penney Company, Inc. stores across the United States. The closures are the Company’s first step in implementing a planned store optimization strategy. As the Company remains focused on its Plan for Renewal transformation strategy and driving sustainable, profitable growth, it intends to reduce its store footprint and focus resources on its strongest stores and powerful eCommerce flagship store, jcp.com. Throughout all closing stores, customers can take advantage of storewide discounts of 25-40% off original prices. All merchandise is on sale, including deeper discounts of 40% on all fine jewelry and window treatments. New seasonal essentials, such as swimwear and sunglasses, are also discounted at 25-30% off. All sales will be final starting June 25.
Print sales of unit books rose 1.6% last week over the week ended June 6, 2020, at outlets that report to NPD BookScan. While the juvenile categories have usually led the week-to-week gains since the pandemic hit, last week it was the adult categories that led the increase, in particular adult nonfiction. Unit sales rose 4.4% last week in the adult nonfiction segment. According to BookScan, print sales in the history/law/political science segment, where most titles about race and social justice are classified, jumped 28.7% in the week.
In the development of a truly sustainable product, fragrance producer ÖPSO takes an extra step forward. The company’s home fragrances are entirely PEFC-certified, from the ingredients to the packaging. ÖPSO Marketing Manager Jens Neumann explains what makes the product unique. What will be the next big innovation in ambience? This has been the big question since the beginning of this project in 2017. To help us solve it, we involved consumers and fragrance experts in the development process. The main outcome was that all air fresheners are artificial because they are based on petrol. For more than 18 months we worked together with perfumers, consumers and creatives in the development of this innovation, which we believe will be a breakthrough in the world of air freshening. To this end we have created ÖPSO, the first home fragrances made from natural tree resin.
AptarGroup, Inc. released its 2019 Corporate Sustainability Report. The 2019 Sustainability Report highlights Aptar’s extensive sustainability initiatives that have been implemented across its global operations. As in previous reports, Aptar summarizes several milestones measured and achieved in three key areas of people, planet and product. In 2019, Aptar signed the Ellen MacArthur Foundation’s New Plastics Economy Global Commitment, joining forces with other businesses and governments committed to changing how plastic is produced, used and reused. Since the last report, Aptar also formalized its Science Based Targets, pledged its support to the Task Force on Climate-related Financial Disclosures (TCFD) and joined the United Nations Global Compact initiative. Aptar is committed to increasing the usage of post-consumer recycled resin (PCR) and researching additional opportunities for more sustainable resins and the recyclability of its products. Aptar’s aspirations, safety programs, societal impact of products and community outreach initiatives are also featured in the report.
Fortum and Metsä Group join forces with Business Finland to create a world-class R&D programme with pulp fibre from renewable and sustainable sources as its node. The 4-year joint R&D programme, called ExpandFibre, aims to develop ground-breaking technologies and smart business concepts that are required to convert straw and wood pulp fibre into novel bioproducts, such as textile fibres. The R&D programme has been granted EUR 20 million from Business Finland. ExpandFibre will be part of a global innovation ecosystem. The ExpandFibre partners Fortum and Metsä Group want to encourage members of the ecosystem to significantly accelerate their efforts within the circular bioeconomy. Members of the ecosystem can apply for financing from Business Finland or from the EU.
*One-third of companies say sustainability is driving all R&D and new product development *Companies are investing most heavily in using recycled materials in their products and packaging *68% of businesses view materials used in packaging as the most challenging area for sustainability *37% of consumers rate packaging design as important when making a purchasing decision. A new survey by paper-based packaging leader Smurfit Kappa has revealed sustainability is transforming the innovation agenda as businesses rethink their products and packaging solutions in an effort to tackle environmental waste. The Sustainability and Profitability Survey, which was conducted among 200 senior business executives in the UK, showed that sustainability is driving all R&D and new product development in more than a third of companies.
Tredegar Surface Protection announced that it has commissioned a state-of-the-art manufacturing line for developing innovative surface protection films. Recognized for its industry-leading quality and supply reliability, Tredegar Surface Protection plays a critical role in protecting the sensitive surfaces of optical films used in displays and other substrates during manufacturing, converting and transportation. In response to increased demand for high-quality surface protection films and faster design cycles in the LCD and OLED markets, the Company has invested approximately $5 million for a scale-up line in its Richmond Technical Center located in Richmond, Virginia. “New technologies such as 8K resolution and foldable displays are driving the need for new surface protection films that meet increasing quality and performance requirements. This scale-up line will enable us to commercialize new products faster to ensure we can satisfy industry quality requirements and keep pace with the rapid introduction of new models in the mobile phone and television markets,” said Bapi DasGupta, President of Tredegar Surface Protection. “Tredegar Surface Production has a long track record of supplying innovative high-quality materials for masking applications, and this expansion will enable us to continue our tradition of providing increased value to improve our customers’ productivity and bottom line.”
Following the June 12 decision by the Coopérative nationale de l’information indépendante (CN2i) to permanently stop publishing its newspapers during the week, TC Transcontinental announces the definitive closure of the printing plants Transcontinental de la Capitale (Québec City) and Transcontinental Qualimax (Gatineau), both located in the province of Québec. These plants were primarily dedicated to printing CN2i’s daily newspapers, formerly owned by Groupe Capitales Médias. These closures unfortunately result in the loss of approximately 30 jobs per plant. TC Transcontinental had maintained these plants in operation at the request of CN2i, publisher of Le Soleil, Le Droit, Le Nouvelliste, Le Quotidien-Le Progrès, La Tribune and La Voix de l'Est, because of their market proximity. Following CN2i's decision at the end of March, in the context of the COVID-19 pandemic, to cease the publication of its paper editions during the week, TC Transcontinental temporarily closed the abovementioned plants. The business from these plants’ customers, including the Saturday editions of CN2i dailies, was then transferred to Transcontinental Transmag in Montréal, where the company recently invested in highly efficient, state-of-the-art printing presses, and where that business will remain.
Total packaging papers & specialty packaging shipments in May increased two percent compared to May 2019. They were up three percent when compared to the same five months of 2019. The operating rate was 83.8 percent, down 1.8 points from May 2019 and down 1.4 points year-to-date. Mill inventories at the end of May increased 18,000 short tons from the previous month and were up 18,000 short tons compared to May 2019.
Total Containerboard production in May increased one percent compared to May 2019. It was up six percent when compared to the same five months of 2019. May 2020 production of containerboard for export increased 42 percent compared to the same month last year; it was up 41 percent year-to-date. The containerboard operating rate was 90.3 percent, essentially flat (-0.2 pts.) from May 2019 and up 4.4 points year-to-date. Mill inventories of containerboard at the end of May increased 39,000 short tons from the previous month and were up 77,000 short tons compared to May 2019.
Ahlstrom-Munksjö takes further steps into the energy storage market and pre-launches Ahlstrom-Munksjö Forticell®, its new platform of fiber-based solutions for energy storage applications. Electricity is the fastest growing source of energy and demand for energy storage is expected to grow significantly in coming years, driven by vehicle electrification, a shift towards renewable energy, an increasing demand in stationary applications and effective electricity supply chain management. Fiber-based materials are widely used in energy storage devices and, thanks to the Ahlstrom-Munksjö’s extensive expertise in cellulose, microglass and specialty nonwoven materials, the company is developing a complete range of solutions to its customers.
Minerals Technologies Inc. announced today that it has signed an agreement with Phoenix Paper LLC to re-establish a 35,000 ton per year satellite precipitated calcium carbonate (PCC) plant at its paper mill in Wickliffe, Kentucky. This paper mill had been idled for the past five years and was recently purchased and restarted by Phoenix Paper, a subsidiary of Shanying International, a Chinese-based company focused on entering the North American paper market. MTI has been providing its PCC from nearby sources to the Wickliffe site since the facility restarted operations in November of 2019. "We are very pleased to collaborate with Phoenix Paper to support production of higher value grades from their paper machine in Wickliffe, Kentucky, using our PCC technology," said Douglas T. Dietrich, Chief Executive Officer. "We are excited to see the redeployment of our PCC assets in North America through this opportunity."
At this time, all mailing promotions are proceeding as scheduled with no changes. We will continue to evaluate existing and upcoming promotions in light of the rapidly changing circumstances due to COVID-19. If changes to an existing or upcoming promotion occur, notice will be provided in an Industry Alert and posted here, on our main PostalPro Promotion page: https://postalpro.usps.com/promotions Building upon the success of the Promotions Calendars over the last few years, the Postal Service has developed a Promotions Calendar for Calendar Year (CY) 2020. The 2020 Promotions continue to encourage marketers, printers, and mailers to utilize new technology and print techniques that enhance the traditional benefits of a physical mailpiece. This in turn can drive higher response rates and increase the overall return on the mailer’s investment in mail. By encouraging the use of technologies integrated in mail, the Postal Service expects to increase the value of direct mail and retain the volumes of transactional mail, thereby ensuring long-term product growth.
The potential consequences of misleading marketing claims – from negative public relations and customer dissatisfaction to legal action and financial penalties – make rigorous factual and legal scrutiny of product and service claims a fundamental step in today’s corporate marketing process. So why do so many otherwise diligent companies skip this step and shoot from the hip when it comes to making environmental claims about the use of print and paper? In part, the answer lies in the fact that the “go paperless, save trees” mantra has been repeated so often over the years that it is accepted as gospel by many corporate gatekeepers. If paper comes from trees and we use less paper, we save trees and protect our forests, the reasoning goes. And since using less paper is good for the environment, the electronic bills, statements and other customer communications that replace it must be a better environmental choice, right? Wrong. But lots of big-name North American companies are making this unsubstantiated leap as they encourage their customers to switch from paper to electronic communications, ironically sidestepping best practices for environmental marketing under the banner of going green.
Bookstore sales took an unprecedented plunge in April, tumbling 65.3% compared to April 2019, according to preliminary estimates released by the U.S. Census Bureau. April sales fell a total of $412 million from 2019, dropping to an anemic $219 million. In March, bookstore sales fell 33.4% compared to a year ago. March sales were $392 million, meaning April sales declined 44.3% from March to April. Total retail sales dropped 19.4% in April compared to 2019 after falling 6.6% in March from 2019.
Financial and Business Highlights: *Gross revenue was $261.4 million in the first quarter of 2020, a decrease of 2% compared to $267.2 million in the first quarter of 2019. Excluding currency impact, gross revenue decreased 1% in the first quarter of 2020. *Gross profit was $63.4 million, or 24.3% of gross revenue in the first quarter of 2020, compared to $62.0 million, or 23.2% of gross revenue, in the same period of last year. *Net loss for the first quarter of 2020 was $(2.8) million, or $(0.15) per diluted share, compared to net loss of $(2.0) million, or $(0.04) per diluted share in the first quarter of 2019.
After a gruesome showing in April with U.S. total retail sales plummeting to recession-level numbers, May spending made an unexpected recovery as states allowed more retail stores to reopen. The easing of coronavirus-related business closures and stay-at-home orders gave overall retail a much-needed boost, yet the recent surge in online and other nonstore sales as people were forced to place orders from the safety of their own homes showed no signs of slowing last month, new U.S. Department of Commerce data shows. Consumer spending through nonstore channels increased 24.6% year over year in May—the highest growth rate ever recorded for the month, according to a Digital Commerce 360 analysis of the Commerce Department’s advance monthly figures released Tuesday. Numbers exclude estimated fuel sales. The jump also represents the second-largest year-over-year uptick of any month in the history of the agency’s available data, falling behind only December 2019, when nonstore sales swelled by 25.7%.
Ulta Beauty, the nation’s largest beauty retailer, today announced its partnership with clean beauty pioneer, Credo Beauty. The unique collaboration will offer Ulta Beauty guests an exclusive, clean beauty collection with more choices and unrivaled transparency related to sourcing, fragrance and ingredients. The clean beauty collection will premiere with eight exciting clean beauty brands, including EleVen by Venus Williams x Credo SPF, Innersense Organic Beauty and One Love Organics, among others, across 100 Ulta Beauty stores and on Ulta.com this fall. The collaboration reinforces the companies’ shared leadership in educating, guiding and simplifying clean beauty choices. As the partnership grows, Credo Beauty and Ulta Beauty will leverage their collective expertise to continue pushing this important space forward.
Maverick Concepts, a creative design and fabrication business serving top retailers and major consumer packaged goods companies, has completed new investments to drive new opportunities. The Garland, Texas-based company purchased two advanced print technology solutions from Electronics For Imaging, Inc. – an EFI™ VUTEk® FabriVU® 340i dye-sublimation printer and EFI Midmarket Print Suite MIS/ERP workflow software. The new printer – Maverick’s second EFI VUTEk FabriVU 340i model – delivers high efficiency on premium soft-signage textile graphics, with speeds up to 5,381 square feet per hour. The 133-inch wide printer is also the only production-level solution in its class that offers direct-to-fabric production and in-line sublimation without the need for a separate calendar/heat press. As a result, Maverick Concepts’ direct-to-textile prints are immediately ready for finishing and shipping after printing. VUTEk FabriVU printers – which are also available in 70- and 205-inch widths – use aqueous dye-sublimation inks and give Maverick Concepts more firepower to provide its brand clients outstanding quality with a 2,400 dots per inch (dpi) maximum resolution.
Eastman Kodak is stepping up its comeback campaign with the launches of significant new products, including an inkjet press it describes as a potentially game-changing solution for commercial and publication print. The newest star of the lineup is the Kodak PROSPER ULTRA 520, a rollfed inkjet press that Randy Vandagriff, senior vice president, print, called “virtually indistinguishable” from offset lithography in print quality. He said closing the gap with the ULTRA 520 will hasten the migration of work from offset to digital, including jobs requiring heavy ink coverage.
TC Transcontinental announces the acquisition of the assets of Enviroplast Inc., a company dedicated to recycling flexible plastics in the province of Québec. The equipment acquired will be used for converting plastic waste recovered from sorting facilities and other commercial, industrial and agricultural sources into recycled plastic granules. “The circular economy is the way of the future," said Sylvain Levert, Senior Vice President, Recycling Group, TC Transcontinental Packaging. This equipment acquisition is part of our goal to vertically integrate the recycling of plastics in our packaging production chain in Canada, the United States and Latin America, ultimately ensuring stable procurement of recycled resin. We are proud of this first step and are counting on the collaboration of public and private stakeholders to meet the plastic recycling challenge, and to promote the creation in Québec of a centre of expertise in the circular economy of plastics.” The Corporation's goal, which is also the goal of many of its customers, is to differentiate itself by offering eco-responsible packaging products that contain recycled plastic, to accelerate their development and to create a true circular economy of plastic that is beneficial from an environmental, economic and social standpoint.
According to the report, total printing-writing paper shipments decreased 35 percent in May compared to May 2019. U.S. purchases of total printing-writing papers decreased 30 percent in May compared to the same month last year. Total printing-writing paper inventory levels decreased three percent when compared to April 2020. *Uncoated free sheet (UFS) paper shipments decreased 34 percent compared to May 2019, while the inventory level decreased four percent compared to April 2020. UFS imports and exports both decreased compared to April 2019, down 28 percent and 29 percent respectively. *U.S. purchases of coated free sheet (CFS) papers in May decreased 31 percent compared to last May, while the inventory level decreased two percent compared to April 2020. CFS imports and exports both decreased compared to April 2019, down two percent and 25 percent respectively. *Coated mechanical (CM) paper shipments decreased 36 percent compared to May 2019, while the inventory level decreased three percent compared to April 2020. CM imports and exports both decreased compared to April 2019, down 32 percent and 13 percent respectively. *U.S. purchases of uncoated mechanical (UM) papers in May decreased eight percent compared to last May while, the inventory level decreased three percent compared to April 2020. UM imports and exports both decreased compared to April 2019, down 27 percent and 42 percent respectively.
Total Boxboard production in May increased two percent compared to May 2019. It was down one percent when compared to the same five months of 2019. The boxboard operating rate was 96.6 percent, up 5.3 points from May 2019 and up 0.9 points year-to-date. *Solid Bleached Boxboard production in May increased two percent compared to May 2019. It was down three percent when compared to the same five months of 2019. *Recycled Boxboard production in May increased four percent compared to May 2019. It was essentially flat (+0.4 percent) when compared to the same five months of 2019. *Unbleached Kraft & Gypsum production in May increased one percent compared to May 2019. It was essentially flat (-0.3 percent) when compared to the same five months of 2019.
Canfor Corporation announced that its 70%-owned subsidiary, Vida Group, has entered into an agreement to purchase three sawmills located in Sweden from Bergs Timber for a purchase price of CAD$43 million plus working capital. The three mills, which are located in Vimmerby, Mörlunda and Orrefors, Sweden, will add approximately 215 million board feet to Vida’s annual capacity. With additional investment, Vida anticipates the production capacity of the mills can be increased to 300 million board feet. After taking into account this additional production capacity, Sweden represents 22% of Canfor’s globally diversified operating platforms, plus 43% in British Columbia, 31% in the Southern United States and 4% in Alberta.
As a step in the ongoing process to improve efficiency and enhance the company’s ability to adapt to major changes in the outside world, BillerudKorsnäs intends to implement a simplified organizational structure as of August 1, 2020. The new organization will be built along the business flow around three functional areas: Wood Supply, Operations and Commercial. In parallel, the resources for sustainability and innovation will be grouped in a common new function, Sustainability & Strategic Development. “We need to cater for rapidly changing customer needs for sustainable products and solutions. The organizational structure now being implemented is one important step on a journey creating conditions that will allow a more optimal utilization of our resources and enhance our ability to adapt to changes in the outside world,” says Lennart Holm, acting CEO of BillerudKorsnäs. As of August 1, the Executive Management Team will consist of the following members; Lennart Holm, acting CEO, Ivar Vatne, CFO, Helene Biström, EVP Commercial, Tor Lundqvist, EVP Operations, Uno Brinnen, acting EVP Wood Supply, Ulf Eliasson, EVP Sustainability & Strategic Development and Paulina Ekvall, EVP HR.
Since the coronavirus pandemic began, people have been loading their pantries with household staples like toilet paper, paper towels, wipes, diapers and hand sanitizer. This panic buying — sometimes even hoarding — has depleted store shelves and disrupted supply chains. It’s also exacerbated a growing problem in the United States: diaper need. Low-income families and parents who have lost jobs due to the pandemic are struggling to afford diapers for their babies. Diminished diaper supplies and concerns about going to the store have put added pressure on families. Even senior adults with incontinence and adults with disabilities are experiencing greater diaper need during these challenging times. Under normal circumstances, one in three families experience diaper need. Diaper banks try to fill the gap by distributing free diapers to those who need them. Now, with widespread unemployment and a disrupted diaper supply chain, such organizations are struggling to meet increased demand with fewer resources.
Monadnock announces line of RIT HP Indigo 3-Star Certified media made with 100 percent post-consumer waste (PCW) recycled fiber. The line includes uncoated and coated options under its flagship Astrolite PC 100® line of fine recycled printing papers. Astrolite PC 100 Digital+ for HP Indigo is available in weights ranging from 80 lb. text to 130 lb. double-thick cover. Astrolite PC 100 Velvet C2S with a universal coating optimized for HP Indigo (LEP), dry toner (EP) and offset lithography presses, available in weights ranging from 80 lb. text to 150 lb. cover. This single ply 150 lb. cover is unique to the industry. All products in the Astrolite PC 100 line have a matching shade. The surface is crafted using the best formulation chemistries for optimal LEP print performance. The Velvet coating provides an exquisite matte print surface that is unlike any other coated fine printing paper. The grades are available in a full range of sizes including 12×18” to 29.5×20.75” to accommodate the full portfolio of HP Indigo sheet fed digital presses.
These higher grade medical masks, which are much sought after, have been donated with the assistance of The Solidarity Fund to the KwaZulu Natal Department of Health on Monday 15 June. This donation is at a cost of just under R10 million and the result of a truly collaborative effort across the global Mondi network. "As MEC of Health in Kwa-Zulu Natal, I am deeply appreciative of Mondi’s contribution. The FFP3/N95 respiratory masks are in high demand because they are designed to protect medical staff when caring for patients known or suspected to be infected with a newly identified infectious respiratory virus. The masks will be distributed to public hospitals across the province over the coming weeks," said KZN Health MEC Ms Nomagugu Simelane-Zulu.
Norske Skog will take a major step in its continued transformation towards a growing and high-margin business by converting two newsprint paper machines into renewable containerboard production. The conversions at Golbey and Bruck will introduce 765,000 tonnes of competitive containerboard capacity to meet the growing demand for renewable packaging. Following the conversions, both mills will have access to green energy and have reduced their carbon footprints to become among the best performers in the industry. Norske Skog will continue to be a reliable supplier of all publication paper grades after the planned conversions. Newsprint capacity will be reduced with 360,000 tonnes, balancing the market for the Norske Skog’s remaining European publication paper capacity. Norske Skog plans to invest approximately EUR 350 million in the conversion projects over an 18-month period commencing in H2 2021. The investments are expected to generate an annual EBITDA of approximately EUR 70-80 million at full utilisation, based on historical prices for containerboard and recovered paper.
Huhtamaki, the global leader in sustainable food-on-the-go and food-on-the-shelf packaging solutions, is launching a range of high-quality affordable and reusable face masks today. The Huhta Masks are suitable for everyday use and help reduce the spread of droplets into the environment*. The comfortable masks are breathable and washable, and are made of high-quality fabric with anti-microbial and fluid repellent properties. The Huhta Masks will be available at retailers across the UK in July, and will also be distributed globally via supermarkets, convenience stores, pharmacies and foodservice outlets. The initial range includes two sizes, one comfortably fitting adults and one for children (36 months and older). Both sizes are available in Lavender Grey and Delft Blue. The shelf-ready packaging includes 10 packs, each with one mask, that can be displayed on a shelf, end pedestal, podium or hook.
When San Diego magazine abruptly ceased operations and laid off nearly all of its employees in late March, mere days after a statewide shelter-in-place order took effect in California, CEO and publisher Jim Fitzpatrick stressed that it was only a temporary pause and that he hoped the magazine would return when the local economy began to reopen. Three months later, the 72-year-old publication says it’s back in business. “This month, we are happy to announce that we have reopened our doors. We’re excited to once again tell the stories of the people and businesses making San Diego the incredible city it is,” wrote editor-in-chief Erin Meanley Glenny in a note posted on the the magazine’s website on Wednesday, adding that a “very small staff” is currently at work on an August/September print edition, in addition to resuming regular editorial content online.
GroupM is now forecasting a 13% drop in U.S. ad expenditures for 2020 (excluding political) to about $208 billion, followed by a rebound of 4% in 2021 to $216.6 billion. According to the company’s revised ‘This Year Next Year’ forecast, the drop won’t be as sharp as the 16% drop that occurred during the 2009 financial crisis. And given that the state of the economy, driven to its worst decline since the Great Depression by the ongoing pandemic, the decline in ad spending could be a lot worse.
Ascend Performance Materials, the largest fully integrated producer of polyamide 66 resin, announced it signed an agreement to purchase the assets of NCM (Changshu) Co., Ltd., and Tehe Engineering Plastic (Suzhou) Co., Ltd., located in Changshu Yushan High-tech Industrial Park (known as “The Park”), one of the major advanced manufacturing parks in the eastern coastal area of China, 100 kilometers outside of Shanghai. The acquisition gives Ascend a flexible footprint for growth in the region. The company’s master plan includes the expansion of compounding assets at the site along with a global research and development center with a focus on existing applications in the automotive, electrical and electronics, and consumer and industrial areas, as well as new ones in areas such as 3D-printing and high-performance films.
Mactac® releases the latest edition of its industry-preferred foam bonding guide, which offers the most recent updates and guidance in adhesive-foam selections. An excellent resource for fabricators and converters, the guide aids in adhesive selection for foam bonding applications – from gaskets, seals, and gap-filling to thermal and acoustical insulation, vibration dampening, filtration, dunnage, cushioning and everything in between. “Mactac is a known expert in material handling and we’ve tested many popular grades of foam to confidently recommend adhesives based on our research,” says Janet Page, Senior Marketing Manager, Mactac Performance Adhesives. “The newest edition of our customer-favorite foam-bonding guide offers our latest recommendations to help customers select the best adhesive for their application.”
Metsä Board, a leading European producer of premium fresh fibre paperboards and part of Metsä Group, and the Finnish start-up company Esbottle have been jointly developing an ecological and appealing paperboard flute cup concept that meets the need to reduce the use of plastic. The newly designed paperboard cup is a stylish solution for celebration drinks, as well as lightweight and easy to transport and recycle. It can be personalised using traditional printing methods and special effects. Esbottle, based in Espoo, develops innovative, responsible and high-quality solutions for the beverage and food industry. The innovative shape of the paperboard cup is the result of collaboration between Esbottle and Metsä Board's packaging design team. The classic flute shaped design consists of two parts enabling the cup and base sections to be stored inside each other so they can be transported and recycled efficiently.
In the world of bulk powdered goods such as building materials, chemicals and foodstuffs, different supply chains place differing demands on packaging. Additionally, the machinery used across the world to produce and fill the packaging consists of many different technologies, brands and models. This has resulted in the development and use of a variety of packaging solutions and processes. Therefore BillerudKorsnäs and Haver & Boecker, have developed a set of recommendations called the Sack Packaging Norms. Our employees at BillerudKorsnäs and Haver&Boecker, who are active all over the world, have noticed many repeated and unnecessary errors which result in packaging waste, product loss and environmental damage. Often, also, these errors are as a result of miscommunication or the use of different standards or practices. These errors are mostly easily fixed by applying some basic standard knowledge or practice. It was thought that the development of a ‘’common language’’ for the packaging value chain would be an effective way to ensure the elimination waste and efficient packaging performance around the world. “Globalization makes it essential to speak one language clearly and distinctly.
Clearwater Paper Corporation announced a key divisional executive appointment. Joanne P. Shufelt is named senior vice president and general manager of the consumer products division, effective immediately. Ms. Shufelt succeeds Arsen Kitch, who was named president and chief executive officer of the company in April 2020. Ms. Shufelt joined Clearwater Paper in 2012 as vice president of sales and marketing for consumer products and has since grown in leadership responsibilities while in this role. Previously, she held sales leadership positions at Duro Standard Products, a private packaging company, and AbitibiBowater Inc., now Resolute, Inc., a pulp, paper, and tissue company.
July will see shovels in the ground as the Sawmills Division of J.D. Irving, Limited begins a long-awaited investment at Doaktown. The $35 million project will see the mill’s footprint grow by 14,000 square feet bringing together the sawmill, planer mill and value added centre under one roof. Currently the sawmill is located on the other side of the road. New, state-of-the-art technology will be installed throughout the lumber production process. The company is targeting spring 2021 for the commissioning and start-up of the new facility.
Young people in South Africa’s rural areas have been using their power to communicate by getting active on their social media platforms with useful information about curbing the spread of the COVID-19 Coronavirus. Thanks to a useful set of illustrated messages created by Sappi Southern Africa about how to combat the disease, the team of Abashintshi are actively aligning their activities with the theme for South Africa’s 2020 Youth Month, which is : “Youth Power: Growing South Africa together in the period of COVID-19”. The Abashintshi are a group of enthusiastic youngsters who volunteered to receive community development training sponsored by Sappi over the last recent years and have been using this knowledge to bring about social mobilisation in their communities. “Normally they would be arranging the Sappi-sponsored school holiday programmes around now to keep youngsters entertained, but the lockdown and the disruption of school schedules, prevented them from doing so this year”, comments Mpho Lethoko, Sappi Southern Africa Communications Manager.
Unit sales of print books rose 6.8% in the week ended June 6, 2020, over the similar week last year, at outlets that report to NPD BookScan. The increase brought unit sales into positive territory for the year, up 0.2% over the comparable period in 2019. The juvenile nonfiction segment saw the biggest gain over the week ended June 8, 2019, with units up 25.9%. Carson-Dellosa’s Summer Bridge Activities titles had a good week, with eight books selling a total of approximately 80,000 copies. The small YA nonfiction category saw unit sales skyrocket 52.3% over 2019. Stamped by Jason Reynolds was #1 on the category list, selling more than 10,500 copies. Sales in the juvenile fiction category increased 16.2%, boosted by the release of Kristen Bell’s The World Needs More Purple People, which sold nearly 24,000 copies. Emily Griffin’s The Lies That Bind sold nearly 22,000 copies in its first week, landing it in the third spot on the adult fiction bestseller list.
For years, building an eCommerce Marketplace customers trust has been a priority for our business. That’s why we are joining forces with Shopify, an all-in-one commerce platform used by more than 1 million businesses, to open the Walmart Marketplace to their sellers. As our CEO Doug McMillon recently said, competition is good in the retail business, and we want more retailers not fewer. The U.S. eCommerce business grew 74% in total last quarter, and growth in marketplace outpaced the overall business even as first-party sales were strong. As we launch this integration with Shopify, we are focused on U.S.-based small and medium businesses whose assortment complements ours and have a track record of exceeding customers’ expectations. We’re excited to be able offer customers an expanded assortment while also giving small businesses access to the surging traffic on Walmart.com. Shopify powers a dynamic portfolio of third-party sellers who are interested in growing their business through new, trusted channels.
Malaysia-based company Teo Seng Paper Products stamped a mark in the local paper industry when it recently became the first company in the country to obtain PEFC chain of custody certification for its eco-friendly egg trays. The PEFC certificate enables Teo Seng Paper Products to use the PEFC label on its egg trays as a mark of its compliance to the sustainability requirements of the PEFC Chain of Custody standard. Edan Na, product development executive at Teo Seng Paper Products said the company had been producing sturdy egg trays made of recycled newspapers and corrugated cartons since 1995, in line with its vision to produce sustainable products for the industry. At present, the company uses 400 tonnes of recycled paper to produce 6.3 million units of egg trays every month, mainly for local consumption.
As the popularity of digitally native brands diving headfirst into the world of print continues to grow, we’ve started to notice a common trend: What the heck is the difference between CMYK and RGB? Most people familiar with graphic design or print would be able to tell you that CMYK stands for Cyan, Magenta, Yellow and Black, while RBG stands for the three primary colors in Red, Green and Blue. Yes, some people will argue the “K” in CMYK stands for Key color, but that’s an entirely separate blog. Keep on reading!
Arandell Corp. President and CEO Bradley Hoffman issued the following statement regarding the decision to close the company’s Kentucky facility as a result of business disruption resulting from the economic impacts of COVID-19: This week, we made the difficult decision to close our Kentucky facility as a result of the economic disruption resulting from the COVID-19 pandemic. Prior to COVID-19, Arandell had been on pace for a strong year and Arandell Kentucky was playing a key role in that growth and success. Unfortunately, the pandemic has had a significant impact on our customers – many of whom have experienced closures, supply chain disruptions and complications from stay-at-home orders. These challenges have affected our production schedules which has led to this week’s difficult decision. Arandell will be consolidating production to its facility in Wisconsin, which will best position the company to continue to meet customer needs while positioning us for long-term success. Our Kentucky facility will ramp down production in the coming weeks, closing operations by July 31, 2020.
Second Quarter Fiscal Year 2020 Financial Highlights *Adobe achieved record quarterly revenue of $3.13 billion in its second quarter of fiscal year 2020, which represents 14 percent year-over-year growth. Diluted earnings per share was $2.27 on a GAAP basis, and $2.45 on a non-GAAP basis. *GAAP operating income in the second quarter was $1.02 billion, and non-GAAP operating income was $1.34 billion. GAAP net income was $1.10 billion, and non-GAAP net income was $1.19 billion. *Cash flows from operations was $1.18 billion.
In the aftermath of last year’s failed merger of two major publication printers, Quad/Graphics and LSC Communications—a deal that was abandoned after it was challenged by the Department of Justice on anti-trust grounds—both companies were vocal in their opinion that the DOJ’s stance was based on an outdated perception of the printing industry. While each was undoubtedly the other’s largest competitor in magazine, catalog and retail insert printing, Quad and LSC argued that the real competition was in digital media—clients opting to disseminate their publications and marketing materials online rather than in print—and that these same clients would’ve stood to benefit from the increased efficiencies generated by the merger. The DOJ disagreed, arguing that Quad and LSC’s printing and distribution resources constituted the “only realistic options” for many publishers and that eliminating competition between the two would “likely increase the price and reduce the availability of products from popular magazines to grade school textbooks.”
Cross-border shipping rates will go up for many U.S. shippers on July 1. This change comes after countries began to self-declare postal rates based on the deal reached by the Universal Postal Union (UPU) in September, Supply Chain Dive reported. Many postage sellers, consolidators and other cross-border service providers such as FedEx, UPS and Stamps.com, received new contracts from USPS last month, but many haven't yet alerted shippers of the change. Without direct communication from service providers, shippers may be confused when their rates go up, unsure what the increase is for. Supply Chain Dive reported that any business that is a bulk cross-border shipper will see a rate increase.
The Association of American Publishers (AAP) today released its StatShot report for April 2020 reflecting reported revenue for all tracked categories, including Trade (consumer publications), K-12 Instructional Materials, Higher Education Course Materials, Professional Publishing, and University Presses. Total sales across all categories for April 2020 declined 3.5% as compared to April 2019, reaching $783.9 million. Year-to-date sales were flat with an increase of 0.7%, totaling $3.4 billion for the first four months of 2020. Trade sales were down 6.6% as compared to April of 2019, coming in at $548.8 million. Year-to-date Trade sales were flat at +0.5%, totaling $2.2 billion for the first four months of the year.
Fourth Quarter 2020 Summary: *GAAP Results: Revenue of $475 million (-3%) and EPS of -$2.83, primarily due to impact of unusual items totalling -$3.49 per share, including non-cash goodwill and trade name impairments *Strong momentum in Open Access research publishing and digital courseware *Addition of four new university partners in Education Services (Drake University, University of Iowa, Methodist University, and Point University). Fiscal Year 2020 Symmary: *GAAP results: Revenue of $1,831 million, and EPS of -$1.32 primarily due to fourth quarter non-cash goodwill and trade name impairments *Free Cash Flow of $173 million, up $24 million (+16%) from prior year *Digital products and tech-enabled services rose to nearly 80% of total revenue.
Forest certification is one of the few tools that can directly connect the consumer to the forest. It enables each of us to make a difference to the world’s forests through buying certified products. We are reaching out to consumers to show that forest certification is about so much more than only trees – and online campaigns are an increasingly important aspect of this work. In the past year, we have been reaching out to, interacting with, and hearing from people around the world through a number of online communication campaigns. The campaign to our 20th anniversary kicked off last July. After a soft launch at the beginning of 2019, the “year of celebration” began the day after PEFC’s anniversary on 30 June. It was on this day back in 1999 when European small-forest owners came together to create PEFC – an international forest certification system that had their needs at heart.
Mondi is paving the way to become one of the leading suppliers of premium recycled paper with its established brand NAUTILUS®. Over the past few months, the business has initiated several steps to meet increasing demand for premium recycled paper and goes to the heart of Mondi's approach to sustainability. In 2020, Mondi launched three new members of the NAUTILUS® family, NAUTILUS® ProCycle, NAUTILUS® ProCycle high-speed inkjet and NAUTILUS® SuperWhite for HP Indigo. *NAUTILUS® ProCycle is a 100% recycled office paper meeting the highest environmental standards. It is CO2 neutral and offers EU Ecolabel, FSCTM and Blue Angel certification. The paper has a high degree of whiteness (UV 100 / CIE whiteness 135), which is achieved without using optical brighteners in the production process. Therefore, NAUTILUS® ProCycle is currently the only recycled paper on the market that is produced in line with the new standards of the Blue Angel ecolabel. It is available in 80 g/m² A4 and A3 sizes. *NAUTILUS® ProCycle high-speed inkjet is especially tailored to high-speed inkjet printing presses. It is available in reels of 80 and 90 g/m2. Its special surface treatment for dye and pigment inks retains ink on the paper surface for crisper colours with lower ink consumption. Additionally, it is optimised for quick water absorption, fast drying, no offsetting and, consequently, increased productivity. *NAUTILUS® SuperWhite for HP Indigo is the ideal sustainable alternative to bright white paper made from virgin fibre as it is produced entirely from post-consumer waste paper and with a CIE whiteness level of 150. The entire range, from 80 to 350 gsm, is certified for HP Indigo presses, which is ideal for runnability, blanket compatibility and ElectroInk adhesion.
Paper Excellence Canada announced the curtailment of operations at its pulp mill in Mackenzie, British Columbia targeting the final week of June 2020. Paper Excellence has substantially invested to improve mill operations since acquiring the Mackenzie facility in 2010. Despite best efforts by the company and its committed team of employees in Mackenzie, the COVID-19 global pandemic is having negative impacts on pulp markets creating conditions that no longer support the on-going operation of the mill. Furthermore, the deep fibre shortage in BC and the Mackenzie region have affected the mill’s competitiveness. This shortage was exacerbated by recent curtailment of sawmills in the Mackenzie region dramatically reducing economic fibre availability.
Self-adhesive label stock supplier UPM Raflatac has achieved sustainability certification from the International Sustainability and Carbon Certification Scheme ISCC PLUS at three of its factories and nine distribution terminals worldwide. The company is proud to make a change in the sustainable labels value chain and be one of the first adopters in the packaging industry to deliver this certification. UPM Raflatac’s ISCC PLUS certified products via mass-balance approach include UPM Raflatac Forest Film™ and UPM Raflatac PP C-PCR. ISCC PLUS is one of the leading global sustainability certification schemes for a fully traceable supply chain to support the transition to a circular economy and bioeconomy. It allows biobased raw materials as well as waste and residue-based feedstock for plastic labels to be certified. The ISCC PLUS certification provides a strong external proof of sustainably managed raw materials and value chains for renewable and chemically recycled products. This truly sustainable packaging value chain brings customers and brand owners closer to their sustainability goals.
National Average Price for Regular Unleaded Current: $2.095; Month Ago: $1.854; Year Ago: $2.723. National Average Price for Diesel Current: $2.422; Month Ago: $2.418; Year Ago: $3.036.
American Dollar to Canadian Dollar = 0.736747; American Dollar to Chinese Yuan = 0.141334; American Dollar to Euro = 1.130370; American Dollar to Japanese Yen = 0.009321; American Dollar to Mexican Peso = 0.044408.
Kroger and British online grocery retailer and technology vendor Ocado Group Plc plan to build the centers in the West, Pacific Northwest and Great Lakes regions of the United States. The new center in the West will measure 300,000 square feet, the Pacific Northwest center will be 200,000 square feet and the facility in the Great Lakes region facility will be 150,000 square feet. Kroger did not disclose the exact locations but says it plans to reveal them soon. The newly planned facilities join six similar facilities now planned or under construction. Those previously announced sites are Monroe, Ohio; Groveland, Florida; Fredericksburg, Maryland; Atlanta, Georgia; Dallas, Texas; and Pleasant Prairie, Wisconsin. Kroger has said its goal is to build 20 “Ocado-powered” ecommerce fulfillment centers in the United States. Each fulfillment center will use Ocado’s robotic warehouse technology. Kroger says the center in Monroe, Ohio, a suburb of Cincinnati, will be the first to open in early 2021. The retailer also plans to make it operational in early 2021.
Mactac® Roll Label announces the addition of thinner, more sustainable thermal transfer labeling solutions to its Optiscan® product line-up. The two new products feature facestocks that are 14 percent thinner caliper than current products and Mactac’s recently launched ultra-thin 1.7-mil BLOOM® hi.mpact™ glassine paper liner. Optiscan K features a coated thermal transfer facestock that is 14 percent thinner caliper than current products and uses less paper/coating at only 34 lb. basis weight. Optiscan V has an uncoated, super smooth vellum thermal transfer facestock that is 14 percent thinner caliper than most current products. Mactac’s BLOOM hi.mpact liner reduces the labeling industry’s environmental impact and increases converter/end-user profitability.
Smurfit Kappa has launched an innovative and sustainable new pack which keeps frozen and chilled foods fresh throughout the supply chain. Made from a 100% paper-based combination of Hexacomb and corrugated, the Thermo Box keeps frozen food including fish at temperatures similar to expanded polystyrene (EPS) boxes. Smurfit Kappa was approached by Patani Global Food B.V., a global supplier of fresh and frozen foods including vegetables, meat and fish and non-food products for the catering industry. Patani Global Food B.V. ships goods from Amsterdam to worldwide locations including to the Antilles Islands in the Caribbean using EPS boxes. However, a rise in the amount of litter that was washing up on the idyllic beaches in the region had led to a future ban on plastic waste so the company wanted an alternative solution that would not harm the environment.
Sonoco announced its Tube & Core North America division will implement a tube and core scrap return subscription service, effective July 1, 2020. The subscription service is voluntary and will only be in effect if a customer chooses to return scrap tubes and cores to a Sonoco supplying facility. For many years, Sonoco offered this service at no cost to customers, however fluctuations in the value of the returned materials, along with the rising costs of labor, freight and other processing costs, required leadership to review this valuable offering. When OCC is at or above $90 per ton, Sonoco will continue to offer a core scrap return program with no fees. However, when OCC values drop below $90/ton (RISI’s – Southeast Region – High), a fee of $95 will be added to each invoice for new tube and core shipments. At the point when OCC again increases over the threshold of $90 per ton, the service fee will be removed.
Tetra Pak reconfirms its strategic priority in driving the sustainability transformation by setting an ambition for net zero emissions across the value chain by 2050, supporting this with an intermediate 2030 target of net zero carbon emissions across its own operations. The company will also set emissions reduction targets in line with 1.5°C according to the Science Based Targets (SBT) initiative across scopes 1, 2 and 3. Tetra Pak was founded on the idea that a package should save more than it costs, with sustainability always at the core of how the company operates as a business. Since 1999, the company has been collecting data on energy use and greenhouse gas emissions from across the organisation on an annual basis, with its GHG accounts audited by an independent third party since 2013.
Revenues decreased by $142.3 million, or 18.5%, from $767.4 million in the second quarter of 2019 to $625.1 million in the corresponding period of 2020. This decrease is largely due to the impact of the disposal of our paper packaging operations ($70.8 million), which were sold at the end of the first quarter of 2020, and a decrease in volume in the Printing Sector, mostly due to the impact of the COVID-19 pandemic in April 2020. The sale of the specialty media assets and event planning activities also contributed to this decrease. The organic decline in the Packaging Sector of $7.0 million, or 1.7%, is mainly due to the decrease in raw material costs. Operating earnings increased by $1.0 million, or 2.3%, from $43.1 million in the second quarter of 2019 to $44.1 in the second quarter of 2020 following a decrease in restructuring and other costs. Adjusted operating earnings decreased by $15.1 million, or 18.1 %, from $83.6 million in the second quarter of 2019 to $68.5 million in the second quarter of 2020. This decrease is mostly attributable to lower revenues in the Printing Sector. In addition to cost reduction measures related to COVID-19, the operational efficiency initiatives introduced early in the fiscal year helped to mitigate this decline. The Printing Sector's adjusted operating earnings margin decreased from 16.6% in the second quarter of 2019 to 14.9% in the second quarter of 2020. Net earnings attributable to shareholders of the Corporation increased by $3.4 million, or 15.2%, from $22.3 million in the second quarter of 2019 to $25.7 million in the second quarter of 2020. This increase is mainly attributable to the stability of operating earnings combined with the decrease in net financial expenses resulting from a reduction in net indebtedness during the year.
The International Council on Active Aging (ICAA), of which Domtar is an industry partner, has created a coalition of more than 160 industry thought leaders and suppliers to provide active aging guidance for communities throughout North America as they prepare to reopen safely after COVID-19. Participants in the ICAA COVID-19 Senior Living Task Force include “representatives of for-profit, not-for-profit and affordable housing — organizations providing active-adult and independent living, continuing care retirement communities/life plan, assisted living, long-term care, skilled nursing and rehabilitation.” Domtar Personal Care’s Chris Lee, senior marketing manager for Attends®, and Melissa Weston, vice president for global commercial excellence, participated in the launch of the task force in late May. They joined in discussing the issues that will shape the future of active aging, including adult incontinence.
The global packaging and paper group Mondi is contributing to a better world, with innovative and sustainable packaging solutions, and proving that non-recyclable plastic can increasingly be replaced by paper. Buying vegetables directly from farmers, flying less, using less water – an increasing number of consumers are living more sustainable lives, and at the same time expect companies to offer them sustainable options, according to a recent study by market intelligence agency Mintel. Mondi is firmly committed to these objectives and has been meeting its customers' evolving needs with innovative packaging and paper solutions for many years. The Group always uses paper where possible, plastic only when useful.
SCA is setting aside trial sites in the Sörgraninge conservation park for continuous cover forestry (CCF). The trial sites are part of a collaboration between SCA and the Swedish Forest Agency and will be used for training and follow-up to provide more knowledge of CCF methods. Continuous cover forestry is a method of harvesting that seeks to avoid clearfelling. SCA applies continuous cover forestry (CCF) methods on some of its forest land where there are special reasons for not carrying out regular harvesting operations. One example is sites that require alternative interventions in order to preserve environmental or cultural heritage values, or to promote recreation and reindeer husbandry. CCF methods includes group selection, where groups of trees are harvested to create gaps for new forest stands, or making shelters of trees where larger trees are retained to promote regeneration.
As market demand for fluorochemical-free, oil and grease resistant (OGR) food packaging substrates increases, Twin Rivers Paper Company advanced the category with the reformulation of its EcoBarrier product line. This high-barrier, next-generation paper delivers performance and choice to converters and brand owners for demanding fast food, quick-serve, and fast-casual food applications. Enhanced EcoBarrier delivers market-leading grease resistance and printability, critical characteristics for food packaging applications including burger wraps, basket liners, French fry and hashbrown pouches, cookie bags, and microwave food bags. EcoBarrier is fluorochemical-free, meets FDA requirements for direct food contact, and provides hallmark converting performance, including gluing, folding, and laminating. This grease-resistant paper is available in a basis weight range of 18 – 30 lb. /29 – 49 gsm (24 x 36/500). Additionally, it is 100% recyclable, biodegradable, and plastic-free, making it a sustainable substrate choice for food packagers.
More often than not, we engage with seasoned ecommerce professionals tasked with running print programs while simultaneously holding some measure of responsibility for Profit & Loss statements. And as such, they tend to look at performance metrics with a ROAS (Return on Ad Spend) lens instead of a more critical metric – Contribution Per Order (CPO). Why is that important, and why does ROAS lack adequate insight as a key metric? Let me explain. While ROAS is an efficient measuring metric, it cannot assign health to a channel, making it a relatively useless tool. The reality is it could be hurting your business as a primary form of indicator. ROAS can't tell you how much money you are making for every order received. As an example, a ROAS of 6x is more efficient than a ROAS of 5x, but that doesn't mean you made more money (or any money). A ROAS of 6x on $10 did not make you more money than a ROAS of 5x on $10,000,000. The volume grew top-line demand, but it did not increase profits. In contrast to ROAS, Contribution Per Order (CPO) brings in the magnitude of the campaign segment targeted (marketing cost and cost of goods). This metric will help with your payroll and to keep the lights on – in other words -- adding top-line demand and bottom-line profits.
Enforcement of the California Consumer Privacy Act (CCPA) begins on July 1st. Are you fully prepared? If not, your company risks being subject to non-compliance fines from California’s regulators. You can avoid this, of course, by being fully prepared. Join ACMA’s expert and diverse panel, including an attorney, a service provider, and a merchant, as they will provide all you need to know within the course of the can’t-miss, free webinar, "California Consumer Privacy Act: Are You Fully Prepared?" Who Should Not Miss This Presentation: Online/direct/catalog merchants who do business not only in California but the growing number of states aiming to follow California’s privacy blueprint, as well as their suppliers, consultants and other advisors. This event is open to both ACMA members and non-members. What You Will Learn: • How to identify any non-compliance risks • How a catalog/online merchant has prepared for the July 1st compliance date • Steps a service provider is taking to support its clients' compliance • Which other states to be on the lookout for. click read more below to register
Bloomberg Media launched Bloomberg Green, a new quarterly print magazine focused on climate change solutions. The latest offshoot of the “Bloomberg Green” brand, which first debuted in January, the print edition complements an existing web vertical and daily newsletter of the same name. Spread over more than 90 pages (of 100% recycled paper), the debut issue includes a cover story about how stimulus spending to help the economy emerge from the COVID-19 pandemic can be used to combat climate change, an opening column by Mike Bloomberg and a feature well that dives into Australia’s water crisis, plastic waste and an assessment of Disney’s impact on a Peruvian rainforest, in addition to data- and infographic-heavy regular departments that will look at both current climate-related news as well as emerging issues and solutions.
While none of the major New York City publishers who took part in PW’s survey about their efforts to return employees to their Manhattan headquarters had fixed plans, no companies said they expected to begin bringing staff back in a meaningful way before Sept. 1. For the most part, they see the week of Labor Day as a target, but acknowledged that date may not be realistic. Several said they see a limited reopening coming after Labor Day (which is September 7 this year). PW sent a brief questionnaire to all of the Big Five trade houses plus Abrams, Houghton Mifflin Harcourt Books & Media, Kensington, Norton, Scholastic, and Workman. While all said there are too many uncertainties about the future course of the virus to make final plans, there was consensus around some issues. There was widespread agreement that the top consideration before publishers will fully reopen will be the condition of New York City’s mass transit and how comfortable workers will be using subways, buses, and trains. Several publishers said they plan to stagger work hours, something that has been recommended by New York City officials to ease overcrowding during usual rush hours.
For the first quarter, the Company reported a net loss of $178.3 million, or $1.55 loss per diluted share, compared to net income of $2.0 million, or $0.02 earnings per diluted share, for last year's first quarter. For the first quarter, net sales were $280.3 million compared to $517.7 million in last year's first quarter. This decrease of 45.9% reflects the impact of our closed stores during the second half of the first quarter and 78 net store closures since last year's first quarter, partially offset by strong digital commerce performance. During the initial four weeks of fiscal 2020, the Company's comparable sales increased 2.7% compared to the same period last year, building on the positive sales momentum reported in the fourth quarter of fiscal 2019.
Paper Excellence Canada announced today that Northern Pulp notified Nova Scotia Environment of its intention to pause the Environment Assessment for the new Effluent Treatment Facility (ETF) to facilitate further detailed discussions with stakeholders about how Northern Pulp and the community can best work together to foster a clean environment, maintain and protect jobs, and contribute to a strong Nova Scotian economy. “We remain concerned that the Environmental Assessment, based on the current terms of reference, is ambiguous and would not result in a clear outcome. Instead, it could lead to more uncertainty, division, and disappointment among stakeholders,” said Graham Kissack, VP, Environment, Health, Safety and Communications for Paper Excellence Canada, on behalf of Northern Pulp. “Pausing the assessment will provide time for us to further engage the community in discussion about the mill and its future, how we can best co-exist, and an appropriate Environmental Assessment process for the environmental improvement being proposed.”
Solenis is expanding production at its Ankleshwar facility in India to manufacture its next-generation Pergafast™ 425 color developer for the thermal paper market. Part of Solenis’ imaging product line, the patented Pergafast™ 425 provides additional performance capabilities as compared to the company’s well-known Pergafast™ 201 color developer. Color developers are used in the formulation of the coating layer in thermal papers. They play a key role in developing the image on the paper when exposed to heat in the thermal printing process. Thermal paper is used in various applications, such as supermarket receipts and packaging labels. “With this new expansion, we intend to support our customers in their journey towards more sustainable products,” said Christophe Zebst, director, Product Management.
The COVID-19 pandemic has raised questions about the lifespan of the virus on a variety of surfaces, including paper and paper-based packaging products. Some service providers are capitalizing on consumer uncertainty by suggesting or requiring that their customers go paperless for safety reasons. Such a change is not welcomed by many and can be especially challenging for those who have difficulty using electronic technologies or who simply need paper communications, including older adults, people with disabilities, low-income earners and those with no home internet or computers. As information is developed in this rapidly evolving environment, Keep Me Posted North America, a key Two Sides campaign, has compiled the latest available science and guidance related to COVID-19 and the safe use of paper products. click read more below to download fact sheet.
Verso will indefinitely idle paper mills in Duluth, Minnesota, and Wisconsin Rapids, Wisconsin, while exploring viable and sustainable alternatives for both mills, including restarting if market conditions improve, marketing for sale or closing permanently. The decision to reduce production capacity is driven by the accelerated decline in graphic paper demand resulting from the COVID-19 pandemic. The stay-at-home orders have significantly reduced the use of print advertising in various industries, including retail, sports, entertainment and tourism. According to Fastmarkets RISI, North American printing & writing demand fell by 38% year-over-year in April, and operating rates are expected to drop well below 70% during the second quarter. Verso expects to idle the Duluth Mill by the end of June 2020, and the Wisconsin Rapids Mill by the end of July 2020, resulting in the layoff of approximately 1,000 employees. Verso will continue to supply graphic and specialty papers in roll and sheet form, as well as packaging papers and pulp.
1-800-Flowers.com®, one of the world's leading floral providers, announced it has collaborated with global design talent, Jason Wu, to release an exclusive assortment of modern and elegant bouquets. The Jason Wu for Wild Beauty™ collection, which is now available nationwide, features on-trend arrangements that embody the designer's signature aesthetic of femininity and sophistication. Behind-the-scenes content, specially designed 'thank you' notes and the ability to preview select bouquets in 3D will allow customers to have an immersive digital experience as they are introduced to the new collection. This marks Jason Wu's first collaboration with a floral and gifting brand. "Jason Wu is one of the world's most renowned fashion designers and we are thrilled to collaborate with him on this truly original collection, which reflects his unique point of view in floral design and bouquet presentation," said Valerie Ghitelman, Vice President, Product Development and Design, 1-800-Flowers.com. "We are excited to not only share these beautifully crafted arrangements with our customers, but to engage them with distinctive content that provides insights into Jason's design influences and more." "Playing a role in the intimate decision of what one chooses to wear each day is such an important part of what I do," said Jason Wu. "To extend this concept to the graceful details people bring into their homes is an honor. This collection with 1-800-Flowers.com is especially meaningful to me because of my lifelong love of flowers. Floral elements continuously inspire me and have been a consistent theme throughout my entire career. I'm thrilled to celebrate the beauty of flowers in this new and special way."
*Diluted loss per share of $(2.10) and Adjusted Diluted loss per share of $(2.03) *Reopened stores performing better than anticipated *E-commerce trend improved in May; curbside pickup performing well *Anticipate exiting Q2 in a clean inventory position - “The COVID-19 pandemic significantly impacted our first quarter sales and earnings results, but I am proud of the way our team navigated this difficult period and maintained the business while our stores were closed,” said Jeff Gennette, chairman and chief executive officer. “Our strong digital business sales trend continued throughout May, and it is encouraging to see that as we reopen a store, the digital business in that geography continues to be strong. By June 1, we had approximately 450 stores reopened, with the majority opened in their full format. Our reopened stores are performing better than anticipated. Importantly, we are receiving positive feedback on the curbside pickup experience and our efforts to create a safe and welcoming shopping environment."
UPM Plywood introduces a new water repellent WISA-SpruceWR plywood that enables efficient and effortless construction even in changing weather and humidity conditions. The water repellent yet breathable surface of WISA-SpruceWR slows down the absorption of moisture into the panel while allowing it to evaporate. Thanks to the wood-based treatment agent, WISA-SpruceWR is a genuinely sustainable and safe choice made from renewable raw materials. Designed for structural uses, WISA-SpruceWR provides significant benefits especially for developers and builders. WISA-SpruceWR is available in four common thicknesses (12–21 mm), in both straight-edged and easy-to-install tongue-and-groove options. Made entirely of spruce, WISA-SpruceWR’s technical properties are the same as those of regular WISA-Spruce plywood: the panel’s strength and light weight make it ideal for all kinds of frame construction, such as walls and floors.
Amcor has joined the World Wildlife Fund-led activation hub, ReSource: Plastic, a global consortium of companies and organizations collaborating to keep waste out of the environment. Launched last year, ReSource aims to help accelerate large-scale plastic commitments by organizations. By 2030, Resource has a target to prevent at least 50 million metric tons of plastic waste from entering nature. ReSource welcomed Amcor to the organization alongside Colgate-Palmolive and Kimberly-Clark. “Amcor is leading the way on packaging innovation, but new products and technologies alone won’t be enough to meet our sustainability ambitions and to solve the global waste issue. Keeping waste out of the environment will require not only the right package design but also efficient collection and waste management along with active consumer participation,” said Amcor CEO Ron Delia.
As a metal packaging manufacturer, we have always underscored the importance product appearance holds in brand perception and experience. When enjoying a beverage, the packaging is the first and last interaction consumers have with the brand—and the right graphic design can make a world of difference in making those connections successful. Our newest honor as the winner of the inaugural Colored by INX Can Design Contest, hosted by INX International, drives that point home. We are pleased to share that Crown Mexico’s Toluca-based team of designers and technical operators earned the title with a vibrant can design for INDIO, a dark beer brewed and sold in Mexico since 1893 and owned by Heineken. Our graphics experts worked with the brand to design the look of the 16oz Pueblos de México Unido Edición Muertos beer, a special-edition package promoting the country’s annual Dia de los Muertos holiday. Utilizing three colors from the INX Metal Color Catalog and INX Color Perfection library, the design features high-contrast neon and jewel tones that highlight the spirit of the celebration, which pays tribute to lost loved ones.
The FTSE100 sustainable packaging leader has today announced the appointment of Wouter van Tol as Head of Sustainability and Government Affairs. Reporting to Greg Dawson, Director of Corporate Affairs, van Tol will spearhead sustainability and public affairs across the DS Smith Group including its packaging, paper and recycling divisions. Wouter van Tol joins DS Smith after three years as Global Head of Corporate Responsibility at food packaging company Huhtamaki, where he was responsible for developing and delivering its Packaging for Good sustainability strategy. An industry heavyweight with over two decades of experience, van Tol previously held senior positions in Procter & Gamble, Nestlé and Samsung.
What's a Bellytip? Essentially, a combination of a bellyband and a tip adhered to the front cover of a magazine with two strips of glue. The smaller tip appears to be a bellyband but doesn't actually wrap around the book. What are the benefits of a Bellytip? 1. The two strips of glue allow the piece to mail without the need for a polybag. 2. Allows the opportunity to save costs on manufacturing. 3. Helps reduce your carbon footprint. 4. It's interactive for consumers and is a great way for advertisers to stand out on the front cover.
Mohawk Fine Papers, Inc. recently unveiled a groundbreaking portfolio of papers made from rapidly renewable, sustainable fibers. As part of this new product range, Mohawk is announcing a strategic partnership with UPM Raflatac Americas, who will be offering roll fed, pressure sensitive labeling solutions made with Mohawk Renewal Hemp and Straw paper face stocks. “Mohawk Renewal expands the definition of responsible papermaking, and our partnership with UPM Raflatac makes it easier than ever for printers and brands to reach beyond their label and packaging sustainability targets,” said Melissa Stevens, Chief Revenue Officer, Mohawk.
German pet food maker Mera Tiernahrung GmbH has partnered with global leader in packaging and paper, Mondi, to expand its product line to include a new type of dog food with semi-moist croquettes. Mera realised that this type of pet food would require bespoke packaging to keep the chewable morsels fresh and moist for the duration of the product’s life span, while also being sustainable by design. Using Mondi's customer-centric approach EcoSolutions, which helps clients find the most effective and sustainable way to protect their products, Mondi recommended a packaging for Mera that addressed the practical aspects of food preservation without compromising on sustainability. The bag has a tight seal to ensure long-term freshness and protect the pet food inside, and is fitted with a valve to allow air to escape when palletising the bags. The reclosable zipper makes it easy for the consumer to handle, and the attractive matte-lacquer external finish makes the packaging stand out on the store shelf.
UPM Raflatac announces the release of Rêverie 2, a new premium collection of unique, high-end labeling materials for wines, spirits, and craft beverages developed in response to the latest market trends and demands. The collection has been created in collaboration with UPM Raflatac’s partners to meet their expectations, and it enables innovative printing techniques and finishes. The collection includes a variety of FSC-certified materials (FSC-C012530) from sustainably managed forests as well as materials made from 100% recycled content and other controlled sources. This helps the brand owners to reach their sustainability targets linking to mitigating climate change or promoting circular economy.
ACMA has made the difficult decision to cancel our in-person Forum for 2020 altogether. Instead, we will hold a virtual event culminating in a virtual fly-in with lawmakers in September. The Zoom-based event will run for two 45-minute sessions, first starting at 1:00 pm (EDT), then following a short break, the second one at 2:00 pm each Wednesday of the month – September 9th, 16th, and 23rd - for a total of six separate sessions. Then the fly-in will take place all day on September 30th on a rotating schedule to be announced. What To Expect...You can expect us to focus on the many moving policy issues that have direct bearing on catalog/online/DM interests: among them, postal affairs, sales tax developments, privacy law, trade and tariffs, and extra-jurisdictional (foreign) regulation. A full agenda and registration details will be made available shortly. In the meantime, we wanted to ask you to reserve these times on your schedule. Both member and non-member companies are invited to attend. Our generous sponsors have made this event possible in order to ensure that all of our attendees can be brought up to speed on the important work of the ACMA, so there will be no registration fee, although tax deductible (to 80%) donations are gratefully accepted.
Hearst - Steven Swartz has issued two statements pledging his company’s commitment to supporting “a fairer and more just society,” which he stated was “a core principle” of the company. In his second memo, he also announced the company’s fundraising initiative to support the NAACP Legal Defense and Educational Fund and Equal Justice Initiative. In addition to already donating $500,000, the company is pledging to match up to another $500,000 from employee donations. Reader’s Digest Foundation - The Reader’s Digest Foundation is committing $2 million to United Through Reading, a nonprofit organization dedicated to connecting military families with the experience of shared storytimes. Seeker - Group Nine Media’s science publication is releasing a free educational offering for home education, “Seeker Learning.” In addition to offering access to its library of content, Seeker will open up a dialogue between the brand, teachers and parents looking for specific content.
As of July 2020, achieving a key aspect of our original goal years in advance, Walmart is moving to source its U.S. stores Great Value canned tuna as either Marine Stewardship Council (MSC)-certified or, based on supplier reports, from a time-bound Fishery Improvement Project (FIP) actively working toward certification. The MSC Fisheries Standard has three core principles every fishery must meet: sustainable fish stocks, minimal environmental impact and effective fisheries management. “With a clear signal from leadership, our team has invested in research to help us better understand the value chain of tuna and ask the question, ‘What’s the right way to do this?’” said Sean Reber, who leads Walmart’s global sourcing team on direct import programs for packaged food.
Clearwater Paper Corporation announced a preliminary update to the company’s previous outlook for second quarter 2020 Adjusted EBITDA of $45 to $55 million. Due to demand, production, and cost trends in April and May that were more favorable than previously anticipated, the company now expects Adjusted EBITDA for the second quarter of 2020 to be in the range of $71 to $77 million. In addition, in connection with its fourth quarter of 2019 earnings call, the company provided its outlook expectations for certain revenue and cost components for the full year of 2020. Due to anticipated performance in the second quarter of 2020, the company now believes that it will, in the aggregate, outperform the previous full-year expectations. The company will provide greater details regarding its performance and results for the second quarter of 2020 on its upcoming earnings call on August 4, 2020.
UPM is aiming to find sustainable solutions for replacing fossil-based raw materials and offering environmentally sound alternatives. One of the most recent innovations is UPM Formi EcoAce biocomposite, launched at the beginning of 2020. This revolutionary biocomposite is almost 100 % based on renewable resources. UPM Formi EcoAce contains certified wood and cellulose fibers as well as certified renewable PP polymers from SABIC’s TRUCIRCLE™ solutions. The renewable PP polymers are made of wood-based feedstock from UPM Biofuels’ production. UPM’s BioVerno production is certified by both ISCC PLUS and RSB, and the sustainability of the material has been verified accordingly. At the beginning of 2020, Akvila Cutlery launched a next generation reusable cutlery made from total wood-based raw materials, UPM Formi EcoAce. The cutlery is made from softwood fibres and wood waste derived ISCC-certified bio-polypropylene, implementation of zero-deforestation. The material does not compete with food production as many other bio-based materials, which is totally unique in the world.
Barnes & Noble, Inc. announced a new online book portal for schools across the country to get the books and products they need from Barnes & Noble’s extensive catalog. This free portal is an easy, fast, and efficient way for educational institutions K-12 to purchase and track ordering from Barnes & Noble as well as get access to curated book recommendations and personalized support. Educational institutions should look for an invitation to join Classroom by Barnes & Noble from their local Business Development Manager or put in a request by emailing BulkOrders@bn.com. “In a time when online ordering options for educators are essential, we’re so excited to launch Classroom by Barnes & Noble for educational institutions K-12 across the country to access our extensive and trusted catalogue of books,” said Tracy Vidakovich, Vice President, Business Development for Barnes & Noble. “We have been working closely with educational institutions for decades through our Institutional account/discount program and believe this new portal for buying and managing book and instructional material purchases comes at just the right time.”
Net sales by brand for the first quarter 2020 compared to the first quarter 2019 were as follows: *Old Navy Global: Net sales were down 42%; store sales were down 60% with online sales up 20%. Since the onset of the COVID-19 pandemic, Old Navy has seen a meaningful acceleration in its digital business. The Company noted it expects the off-mall, strip real estate that makes up approximately 75% of the fleet to be an advantage as customers return to stores and expects traffic in these locations to ramp up more quickly than other formats. *Gap Global: Net sales were down 50%; store sales were down 64% with online sales down 5%. Prior to the onset of the pandemic, Gap brand performance continued to be pressured by inconsistent execution of product and marketing messages. However, the Company noted the brand did experience steady improvements in its online performance throughout the quarter, attributable to the Company’s strategy to migrate customers online as the brand’s fleet rationalization efforts continue. *Banana Republic Global: Net sales were down 47%; store sales were down 61% with online sales down 2%. While the move to casual fashion during the stay-at-home requirements has benefited other brands in Gap Inc.’s portfolio, this shift left Banana Republic disadvantaged in its product mix. As a result, Banana Republic is taking aggressive action to adjust to consumer preferences and improve inventory mix. *Athleta: Net sales were down 8%; store sales were down 50% with online sales up 49%. Customer response to Athleta was strong given the values-driven active and lifestyle space the brand participates in as well as the brand’s deep customer engagement through its powerful omni-channel model. Operating loss was $1.2 billion. This reflects the decline in gross margin, as well as a non-cash impairment charge of $484 million related to the Company’s stores to reduce the carrying amount of the store assets and the corresponding operating lease assets to their fair values, which have dramatically declined as a result of the pandemic. The Company noted that as part of its ongoing specialty fleet optimization efforts, the Company has undertaken a strategic review of its real estate portfolio to further advance its long-term strategic priorities that include a smaller, healthier fleet, particularly as it relates to its Gap brand and Banana Republic specialty fleets.
Gap Inc. announced the decision to wind down its Hill City brand, prioritizing resources against its larger brands. Launched in Fall 2018, Hill City was a way to go after the growing men’s active apparel market and operate DTC in a nimble manner. The small but mighty team worked passionately to build a loyal customer base by connecting with wear testers that helped make the best product possible, sharing stories of everyday heroes and athletes, reaching customers with pop-up shops and a mobile truck, and giving back to its community.
J. C. Penney Company, Inc. announced that it has received authorization from the U.S. Bankruptcy Court for the Southern District of Texas, in Corpus Christi, Texas (the “Court”) to access its debtor-in-possession (“DIP”) financing, which includes $450 million of new money from its existing First Lien lenders. The Company had previously received approval to access and use its approximately $500 million in cash collateral. Under the terms of the DIP agreement, JCPenney has access to up to $225 million immediately, and will have access to an additional $225 million as needed after July 15, 2020, subject to certain conditions. In addition, the Company’s Ad Hoc Crossholder Group of lenders has agreed to participate in the rollup portion of the DIP in the amount of $53 million. Jill Soltau, chief executive officer of JCPenney, said, “We are pleased to have received Court approval to access $450 million in new money, $225 million of which will be drawn immediately. This is a positive step forward that will help us execute our Plan for Renewal and store optimization strategy, continue working seamlessly with our vendor partners, fund our ongoing business operations, and continue our focus on further developing the Company’s go-forward business plan to successfully restructure JCPenney. In recent weeks, we have safely welcomed back valued customers to nearly 500 JCPenney stores, and we look forward to opening additional stores while following guidance from local and state orders. This progress would not be possible without the hard work and dedication of our associates, and we remain confident we will emerge from both Chapter 11 and this pandemic as a stronger retailer.”
J. C. Penney Company, Inc. announced that it has taken the first step in implementing its store optimization strategy. Following a comprehensive evaluation of its retail footprint and a careful analysis of store performance and future strategic fit for the Company, JCPenney identified the first phase of 154 store closures. Following entry of an order at the June 11, 2020, hearing with the U.S. Bankruptcy Court for the Southern District of Texas, in Corpus Christi, Texas, store closing sales will begin at 154 locations. The Company expects additional phases of store closing sales will begin in the coming weeks. As the Company remains focused on its Plan for Renewal and driving sustainable, profitable growth, it intends to reduce its store footprint and focus resources on its strongest stores and powerful eCommerce flagship store, jcp.com. Store closing sales for the first round of store closures are expected to take 10-16 weeks to complete. The list of 154 stores that will begin closing sales can be found on the JCPenney Blog.
Unit sales of print books fell 5.5% in the week ended May 30, 2020, compared to the week ended May 23, at outlets that report to NPD BookScan. The decline was mainly due to a 25.5% drop in unit sales in the young adult category, in which The Ballad of Songbirds and Snakes by Suzanne Collins sold about 270,000 copies when it was initially released. Even with the decline compared to the prior week, unit sales were up 8.1% compared to the similar week in 2019.
Esko, a global developer of integrated hardware and software solutions for the print, packaging and label industries, and AVT Inspection Systems Inc. (‘AVT’), global provider of print inspection, process control and quality assurance solutions, are pleased to announce the integration of their businesses. Effective immediately, the integration is designed to deliver simplicity and extended connectivity for both Esko and AVT customers by incorporating automated quality inspection into the connected packaging and labeling value chains. Sharing many of the same customers around the world, the combined business will see expansion of its sales and technical service teams with enhanced local representation, ensuring customers and OEM partners receive the same level of customer service and technical excellence they have come to expect from both companies.
With sustainability firmly at the forefront of today’s packaging supply chain, Flint Group Packaging Inks, one of the largest consumables suppliers to the global print and packaging industry, has detailed its vision for supporting circular economies in a new white paper that reveals the formation of a dedicated Sustainability Task Force. The paper outlines the environmental challenges faced by the industry past, present and future, and examines how Flint Group Packaging Inks, through the actions of its task force, can provide sustainable solutions, insight and collaboration for its key stakeholders. According to the company, there are four core areas of activity where Flint Group Packaging Inks is supporting the supply chain to become more circular, while at the same time adding value. These include addressing sustainability concerns on a broad scale, supporting converter operations, solving recycling complexities and delivering greater industry networking and partnership to drive change and innovation.
American Forest & Paper Association (AF&PA) President and CEO Heidi Brock issued the following statement regarding the U.S. Environmental Protection Agency’s (EPA) announcement of a proposed rulemaking (EPA-HQ-OAR-2020-00044) on how EPA considers benefits and costs in designing regulations under the Clean Air Act. The proposal requests public comment on how EPA can be more consistent and transparent in considering the best available scientific and technical information on societal benefits and costs when crafting its air quality regulations. EPA is requesting public comment for 45 days from the publication of the proposed rule.
An RFID tag is like a small price tag that contains a lot of information on the pulp unit. The tag makes it possible to monitor the data of a pulp batch in real time. The RFID (Radio Frequency Identification) tracking system is based on a small sticker that contains an electronic tag. A unique RFID tag is attached to every Metsä Fibre pulp unit. The RFID tag contains a microchip that stores the pulp batch number and to which the batch data is assigned. The tracking tag can store more information than a barcode. With the RFID tracking method, the quantity, technical properties and latest location of a pulp delivery can be verified in real time.
Rayonier Advanced Materials Inc. announced that, in working with its lenders under its Senior Secured Credit Agreement, it has entered into an amendment under which, among other changes, the lenders have agreed to relax the financial covenants through 2022. In addition, the Amendment provides additional liquidity to the Company by reducing the minimum availability the Company is required to maintain under its revolving credit facility. The Amendment added a 1 percent LIBOR floor and lenders were paid a customary fee as consideration for their consent to the Amendment. “In light of the COVID-19 pandemic, it was prudent to obtain additional financial flexibility to ensure continued compliance with our covenants,” said Paul G. Boynton, President and Chief Executive Officer. “We believe we now have the runway to manage the business through these challenging conditions, enabling us to continue to service our customers and emerge a stronger and more profitable organization.”
If there is something that the last few lockdown months have taught many of us, is that we need to make 'Time for Nature’. We have marvelled as the planet has taken a breather along with her inhabitants and has rejuvenated herself, as we have rediscovered the abundance that she has to offer. It is why it is so apt that it is the theme for this year’s World Environment Day, which happens on Friday 05 June 2020. ‘Time for Nature’ focuses on the role nature plays in providing the essential infrastructure that supports life on Earth and human development. This focus is particularly important to Sappi, which has unlocking the value of woodfibre from it forests, at the core of its sustainable business strategy. Biodiversity is key to the healthy functioning of the forests and plantations from which we source woodfibre – they would not be productive without biotic processes taking place, making World Environment Day particularly relevant to us.
UPM Raflatac introduces a highly chemical resistant adhesive for wet wipe labeling in the APAC region. UPM Raflatac RRS4 adhesive pushes beyond traditional adhesives with repeatedly reliable open-closure functionality for high chemical resistance. RRS4 is designed to be resistant to 75 percent alcohol ensuring the disinfecting qualities of the wet wipes when reopening and closing the package. Having disposable disinfecting wipes on hand can help to stop the spread of the viruses. For the wipes to be disinfecting, they must contain at least 70 percent of alcohol according to C.D.C (Centers for Disease Control & Prevention). Therefore, the label needs to have chemical resistance to keep the wipes wet and disinfected. UPM Raflatac’s RRS4 adhesive answers to this need and ensures the reliability of the packaging.
National Average Price for Regular Unleaded Current: $2.003; Month Ago: $1.785; Year Ago: $2.795. National Average Price for Diesel Current: $2.410; Month Ago: $2.429; Year Ago: $3.072.
American Dollar to Canadian Dollar = 0.745133; American Dollar to Chinese Yuan = 0.141033; American Dollar to Euro = 1.130249; American Dollar to Japanese Yen = 0.009131; American Dollar to Mexican Peso = 0.046044.
First Quarter Results Overview: *Total net sales were $77.3 million, a decrease of $53.0 million or 40.7%, compared to $130.3 million last year. As previously announced, the Company temporarily closed all of its 239 stores on March 18, 2020 in response to the COVID-19 pandemic. All stores remained closed to the public for the final 45 days of the 91-day fiscal quarter, including during the peak weeks of the quarter surrounding normal school spring breaks and Easter. Net sales from physical stores for the first quarter of fiscal 2020 were $47.0 million, a decrease of 57.5% compared to $110.6 million for the first quarter of fiscal 2019. The Company's e-commerce business continued to operate throughout the first quarter, and increased significantly following the closure of the Company’s stores. Net sales from e-commerce for the first quarter of fiscal 2020 were $30.3 million, an increase of 54.2% compared to approximately $19.7 million for the first quarter of fiscal 2019. The Company ended the quarter with 239 total stores, including one RSQ-branded pop-up store, all of which were closed as of the end of the first quarter of fiscal 2020, compared to 229 total stores, including three RSQ-branded pop-up stores, last year. *Gross profit was $1.6 million, or 2.1% of net sales, compared to $35.7 million, or 27.4% of net sales last year. Product margins decreased 770 basis points as a percentage of net sales primarily due to an estimated inventory valuation reserve of $4.7 million and increased markdowns. Occupancy costs deleveraged 1,250 basis points as a percentage of net sales despite being $0.5 million lower than last year, primarily due to the significant net sales decline resulting from the store closures noted above. Distribution costs deleveraged 440 basis points as a percentage of net sales primarily due to an increase in e-commerce shipping charges of $0.9 million resulting from a greater volume of e-commerce orders. Buying costs deleveraged 70 basis points as a percentage of net sales despite being $0.1 million below last year. *Operating loss was $28.4 million, or 36.7% of net sales, compared to operating income of $0.1 million, or 0.1% of net sales, last year. The decrease in operating results was directly attributable to the impacts of the COVID-19 pandemic on our business, including as noted above. *Net loss was $17.4 million, or $0.59 per share, compared to net income of $0.7 million, or $0.02 per diluted share, last year.
Amazon continues to adapt to meet the changing needs of customers by investing in ways to provide fast, free delivery. Today, the company announced the lease of 12 Boeing 767-300 converted cargo aircraft from Air Transport Services Group (ATSG). These aircraft will join Amazon’s existing fleet of 70 aircraft to bring its total network to over 80 aircraft. One of the new aircraft joined Amazon’s air cargo operations in May 2020, with the remaining 11 to be delivered in 2021. Amazon Air’s fleet expansion comes at a time when people in communities across the country continue to adjust to this unprecedented time, with many relying on having the items they need delivered directly to their doorstep. Amazon Air has played a central role during the COVID-19 pandemic by transporting essential PPE supplies for Amazon associates, frontline health workers and relief organizations across the U.S., all while maintaining capacity for regular cargo operations to ensure customers continue to receive the items they need. Now, with expanded cargo capacity to come, Amazon will continue to meet evolving demand and a growing customer base.
Costco Wholesale Corporation reported net sales of $12.55 billion for the retail month of May, the four weeks ended May 31, 2020, an increase of 7.5 percent from $11.67 billion last year. For the thirty-nine weeks ended May 31, 2020, the Company reported net sales of $120.19 billion, an increase of 7.7 percent from $111.56 billion during the similar period last year.
*First quarter net sales decrease 57% *Reopened 90 percent of stores to date with reduced hours *Actions taken in response to COVID-19 to preserve liquidity. The decrease in net sales for the first quarter of 2020 compared to the prior year reflects the temporary closure of all stores on March 19 due to the COVID-19 pandemic. Omni sales for the first quarter increased 17 percent over last year. In April, omni sales were 47 percent higher than last year driven by fulfillment from closed stores where allowed. Beginning April 23, the Company began the staggered reopening of stores with reduced hours. To date, the Company has reopened 255 of its 281 stores in accordance with local government guidelines. Traffic in stores has steadily increased each week since reopening and omni sales have continued to be strong, even as more stores opened. Sales continued to recover in May, but remained well below last year.
Sustainable consumption is on the rise. A Nielsen study found that 73% of global consumers say they would change their consumption habits to reduce their environment impact. This means it has never been more important to use sustainable materials, to know that your products come from sustainable sources and to prove that to your customers. Increasing the use of sustainable, certified forest-based packaging has huge potential to not only help companies meet sustainability targets, but also to have a positive impact on the world’s forests and forest communities. Join our PEFC Webinar: Creating impact through responsibly sourced packaging and learn more about PEFC certification and the advantages for your business and beyond! The webinar is free to attend and takes place 23 June at 11:00-11:50 CEST. Register for the webinar! https://us02web.zoom.us/webinar/register/WN_Wq6Hlnz-QdKZTlFPORFNxQ
Randy Guillot, chairman of the American Trucking Associations and president of Triple G Express and Southeastern Motor Freight out of Jefferson, Louisiana, testified before the Senate Commerce Committee on the U.S. trucking industry’s response to the COVID-19 crisis—and on the role trucking will play in leading our economic recovery. Due to the U.S. Senate’s social distancing protocols, Guillot testified remotely via video conference from his home state of Louisiana. From his opening remarks: “Since the onset of the COVID-19 pandemic, the trucking industry has been thrust to the forefront of our national consciousness. While most activity ground to a halt across the country, America’s 3.5 million professional truck drivers kept moving. These heroes continue serving on the frontlines, ensuring everyone has the goods they need to get through these challenging times. “We hear the term ‘essential’ more frequently of late—as America wakes up to the gravity of what essential truly means. Truckers are the difference between a fully-stocked grocery store and one lined with empty shelves. They’re why doctors and nurses have PPE to protect themselves. They’re how test kits get to hot-spots for local officials to use to fight the virus’ spread.”
AptarGroup, Inc. announced that it has joined the United Nations (UN) Global Compact, the world’s largest citizenship initiative, which focuses on universal principles in the areas of human rights, labor, environment and anti-corruption. The Global Compact supports companies in two complementary goals: do business responsibly by aligning business strategies and operations with Ten Principles on human rights, labor, environment and anti-corruption; and take strategic actions to advance broader societal goals, such as the UN Sustainable Development Goals, with an emphasis on collaboration and innovation.
In the retail environment, brands have mere seconds to attract consumer attention and make an impact on their buying decisions. Color is a key influencer when consumers are forming their first impressions of a product, making it a critical component of package design. To gain insight into how future trends can inform packaging innovation, the Crown Aerosols & Promotional Packaging Europe and Crown Food Europe teams recently embarked on a comprehensive research project with color and material designer and trend forecaster Laura Perryman. Together, they took a deep dive into color, surface, and texture trends with a goal of a better understanding of how consumer behavior impacts aesthetics and color choices.
Baker Labels is producing digital flexible packaging through its BakPac division, following a £2.5m investment in equipment and factory renovations. The company is offering a selection of base materials in silver, white, clear, and various thermally laminated finishes including soft-touch, matt, gloss, linen and leather for digitally printed pouches. Options include zippers, tear notches, euro slots and multi-web pouches are available.