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.