Royle Printing based in Sun Prairie, Wisconsin, is comprised of 285 talented employees, who’ve been offering print solutions to associations, catalogers, publishers, universities and corporate partners since 1948. Royle is excited to roll out a new series of corporate videos on their YouTube and social media channels. https://youtu.be/OiUY1842bjU Meet some of their teams’ friendly faces and see what their culture is all about.
WBA had fiscal 2021 second quarter sales from continuing operations of $32.8 billion, an increase of 4.6 percent from the year-ago quarter, and an increase of 3.5 percent on a constant currency basis1, reflecting strong International segment growth, aided by the company's joint venture in Germany, and the United States segment. Operating income from continuing operations was $832 million in the second quarter, compared with $1.1 billion in the same quarter a year ago. Adjusted operating income from continuing operations was $1.2 billion, a decrease of 22.5 percent on a reported currency basis and a decrease of 22.9 percent on a constant currency basis. Total net earnings attributable to WBA, including discontinued operations, increased 8.4 percent compared with the same quarter a year ago to $1.0 billion, reflecting a gain from the sale of a portion of the company's equity method investment in Option Care Health and a lower effective tax rate driven by discrete items, partly offset by lower operating income. Net earnings from continuing operations in the second quarter increased 6.3 percent compared with the same quarter a year ago to $922 million. Adjusted net earnings from continuing operations decreased 12.1 percent to $1.1 billion, down 12.8 percent on a constant currency basis, compared with the same quarter a year ago.
PEFC-certified cardboard has replaced the plastic packaging around beverage can packs by Estrella Damm, a leading Spanish beverage producer, leading to big reductions in their plastic use. The decision to completely remove the printed plastic packaging from all six, twelve and twenty-four-can packs reduces plastic use by 99 tons a year. The action is an important step in the company’s sustainability strategy. The new packaging is made from PEFC-certified, natural and renewable fibres. Consumers benefit from the new design with rounded edges and different opening options, making it easier to carry and open.
After starting Two Sides North America nearly a decade ago and building it into the highly successful organization it is today, Phil Riebel will retire as president of the organization effective April 1. Kathi Rowzie, who has been running the day-to-day operations of Two Sides since last March, will become president. “Everyone who has worked with Phil over the years knows him as a trusted colleague and passionate advocate for the sustainability of print, paper and paper-based packaging,” said Jeff Hester, chairman of the Two Sides North America board of directors. “Our industry has benefitted enormously from his efforts to build Two Sides into an organization whose voice is recognized and respected across the paper value chain and among many of North America’s leading corporations. As Phil moves on from his Two Sides role to pursue other opportunities within the industry, I want to thank him on behalf of the board of directors for his dedicated service to our Two Sides members and our industry. Though Phil is stepping down, he will remain associated with Two Sides’ mission as a valuable advocate in our strategic efforts.”
The scale and importance of e-commerce has been felt worldwide especially during the current pandemic and is here to stay. It has been the fastest-growing channel as consumers shop online, on their smartphones and through social media. All have come to expect a seamless shopping experience, the omnichannel approach, across multi-platforms from brick and mortar (click & collect) to online. “At Aptar Beauty + Home we are READY to deliver our strategy by focusing on our enablers – sustainability, digitalization and transformation. Offering sustainable and e-commerce capable solutions is critical today. Packaging is the first interaction a customer has with our clients’ products. How it arrives, how it is disposed, and the overall customer experience is what our team is working on every day.” shares Marc Prieur, President, Aptar Beauty + Home.
In February 2021, the Land and Environmental Court in Östersund upheld an appeal from the Skydda Skogen (Protect the Forest) association regarding a number of harvesting notifications on SCA land in Jämtland and Härjedalen. The Court also found in favor of a harvesting ban at the harvesting sites in question. SCA is now appealing this ruling to the Supreme Land and Environmental Court. In accordance with the Swedish Forestry Act, SCA reported the planned harvesting to the Swedish Forest Agency. The Agency had no objections and accordingly, after a period of six weeks, the landowner is free to implement the planned harvesting. The Skydda Skogen association conducted inventories in the areas in question and submitted the results to the Swedish Forest Agency in the form of findings of red-listed plant and animal species. When the Swedish Forest Agency did not act on this information, Skydda Skogen appealed the Agency’s decision – or, more correctly, that it refrained from making a decision. This appeal was upheld by the Land and Environmental Court in Östersund, which also referred the case back to the Swedish Forest Agency and ruled in favor of a harvesting ban.
Smurfit Kappa has announced a further investment of over €25 million at its Pruszkow ‘mega-plant’ located in central Poland. This investment forms part of the accelerated capital investment programme following the company’s €660 million equity capital raise which took place in November 2020. This latest investment will double the output from the facility and result in the creation of 25 new jobs, bringing employment to more than 230 staff at the location. Construction is due to commence in July of this year and be completed during 2022. Upon completion, the newly expanded facility will be 37,500 metres2, making it Smurfit Kappa’s largest facility in Poland and one of the largest facilities for Smurfit Kappa in Europe. The customer portfolio includes some of the leading brands in the FMCG food and beverage sectors and serves both international and local customers.
Servera® papers offer the highest kit level for a paper free of fluorochemicals, while being cost-effective. These eco-friendly papers are available in bleached and natural options. Manufacturing with natural pulp integration, Ahlstrom-Munksjö offers customers the product solutions they desire to address end-user sustainability needs in the QSR market. “Our Servera® papers offer great printability and are flexible for multiple converting processes, in addition to the strength and grease-resistance they provide,” stated Jeff Murphy, Vice President of Ahlstrom-Munksjö’s Food Packaging Solutions business. “Ahlstrom-Munksjö’s extensive history of providing food packaging papers to the Quick Service Restaurant market combined with our vast portfolio of sustainable packaging options makes Servera® papers the best QSR solution in the marketplace.”
Bertelsmann’s Group revenues declined moderately last year by 4.1 percent to €17.3 billion (previous year: €18.0 billion). The organic decline in revenues amounted to 1.7 percent. The advertising-financed businesses and print businesses in particular recorded corona-related revenue declines in the first half of the year. In the second half of the year, almost all divisions were back in the black, especially in the final quarter. The proportion of digital businesses was further expanded, and stood at 53 percent. Operating EBITDA reached a new record level of €3.1 billion (previous year: €2.9 billion). Thanks to a strong operating performance, especially from the Penguin Random House publishing group and the services subsidiary Arvato, as well as capital gains from real estate sales, the operating result rose above the €3 billion mark for the first time. Group profit increased by 34 percent to €1.5 billion (previous year: €1.1 billion) – its highest level since 2006, and above the billion-euro mark for the sixth consecutive year.
Learning technology company Houghton Mifflin Harcourt announced that it has entered into a definitive agreement to divest HMH Books & Media, its consumer publishing business, to HarperCollins Publishers, a division of News Corp for a cash purchase price of $349 million. The divestiture enables HMH to focus singularly on K–12 education and accelerate growth momentum in digital sales, annual recurring revenue and free cash flow while paying down a significant portion of its debt.
Direct mail is experiencing a long overdue resurgence for retailers, hastened by the pandemic. Increasingly crowded ads on social media and Google, full email inboxes, SMS dings all day long ... while the much-maligned mailbox remained emptier as credit card offers dwindled and in-store postcard coupons were recycled. It’s not surprising that many e-commerce brands decided to communicate in a new “old” way and test direct mail. We had the pleasure of assisting several launches in 2020 — some planned before the lockdowns, others as a new COVID strategy. Two of the biggest surprises for folks new to mail are: 1. the amount of time it takes to properly put together an effective mailing; and 2. how expensive mailing can be. One of our print partners and I assisted a pure-play that mailed within three weeks of our first discussion … this is NOT typical and we don’t recommend it. Haste makes waste.
The Postal Regulatory Commission issued its 2020 Annual Compliance Determination assessing the pricing and service performance of the Postal Service in fiscal year 2020 (39 U.S.C. Section 3653). The Commission is required to issue its ACD 90 days after the filing of the Postal Service’s Annual Compliance Report (ACR). Key issues identified in the ACD include: *Ten Market Dominant products did not cover their costs in FY 2020, and two of the five Market Dominant classes (Periodicals and Package Services) were also non-compensatory. *Operational and financial problems with flat-shaped products persisted, as these products had a negative contribution of more than $1 billion, and despite previous Commission directives, the Postal Service does not have a satisfactory plan to correct this. *Due to a number of internal and external factors, 17 of 22 Market Dominant products failed to meet their service standards, the worst service performance results since the Postal Accountability and Enhancement Act of 2006 mandated the establishment of service standards and tracking of performance against those standards. more detail at: https://www.prc.gov/sites/default/files/pr/ACD%202020_FINAL.pdf
International Paper has purchased two state-of-the-art corrugated box plants in Spain, further growing its capabilities in Madrid and Catalonia, the largest industrial regions in the country. The terms of the transactions were not disclosed. Corrugated packaging is a strategic business for International Paper in EMEA and offers customers high-quality packaging solutions in the industrial, fresh fruit and vegetable, and e-commerce segments. The two businesses will become part of International Paper effective April 1, 2021.
Solenis, a leading global producer of specialty chemicals, will increase prices by 7 to 15 percent on all process and water treatment product lines across the EMEA region, effective immediately or as customer contracts allow. The price increase is necessary due to the tightening of raw material supplies globally and escalating energy, packaging and transportation costs.
Mondi has produced recyclable packaging for Bell Germany’s ‘Abraham’ range of thinly sliced gourmet ham that ensures perfect conformity with existing recycling guidelines. Bell Germany is launching a mono-material recyclable WalletPack in March for over 30 products including Seranno, Prosciutto and Savoy sliced ham. The new solution will replace a multi-material non-recyclable plastic solution, using 37% less material compared to standard modified atmosphere packaging. This switch will also reduce plastic waste for Bell Germany by 35 tonnes per year thanks to the lightweight solution. It will also lower waste disposal fees for Bell Germany and meets the design for recycling guidelines of leading retailers.1 Created after two years of development, the new Mondi WalletPack operates as a folder, which the consumer opens to unpack the product. It features a re-close function on the backside to prevent food spoilage, provides excellent protection for thinly sliced deli meats, and has been verified by the German institute cyclos-HTP as 93% recyclable.
The path toward a circular economy is more of an angled one than a straight line and more nuanced than the "all or nothing" language that is often employed in sustainability conversations. Every step of the way on the path to circularity we are thinking about how we can generate less waste and more opportunities to extend the usefulness of materials. The relationship packaging companies and landowners have with forests truly is symbiotic. We all want to keep forests healthy, so we can continue making the best use of this remarkable and renewable resource. So, at WestRock, we start with the trees. How can the company ensure forests are growing sustainably? How can the company ensure that the 10,000 private landowners WestRock engages with annually, and their stakeholders, are adequately educated on the importance of sustainable land management? Virgin fiber is an important part of the circular economy, and responsible oversight of this sustainable forest resource is critically important to WestRock.
The United States Postal Service filed notice with the Postal Regulatory Commission (PRC) today seeking to transfer Bound Printed Matter (BPM) Parcels to the Competitive Product list, and simplifying the delivery time for Priority Mail Express (PME). The changes to PME will take effect no earlier than May 23, 2021. The BPM Parcel change will take effect on a date yet to be determined, and is subject to approval by the PRC. Currently, PME has three guaranteed delivery time windows within the 1 – 2 business day service standards: 10:30 a.m. (in select locations, for an extra fee), noon, or 3 p.m. The new single guaranteed delivery time will be 6 p.m. on the committed delivery day, regardless of package origin and destination. The price of using PME as a shipping option will not change. The current price for PME flat rate envelope starts at $26.35. Additional pricing information can be found on our website. BPM parcels contain advertising, promotional, directory or editorial material such as catalogs, books and other printed material, and can weigh up to 15 pounds. The contents must be securely bound by permanent fastening such as staples, spiral binding, glue, or stitching. The Postal Service has requested that the PRC change the classification of BPM parcels from a Market Dominant product to a Competitive product.
News Corp announced that it has entered into an agreement to acquire the Books & Media segment of Houghton Mifflin Harcourt (HMH Books & Media). The business will be operated by HarperCollins Publishers, a News Corp subsidiary. HMH Books & Media is home to one of the most extensive and successful backlists in the publishing industry, with a history of strong profitability. Backlists have proven to be a sustainable and growing source of revenues, high margins and cash flow for publishers, particularly evergreen properties with broad, enduring and global appeal. In calendar year 2020, over 60% of HMH Books & Media revenues were generated by its formidable backlist. Among the most popular of the more than 7000 titles in the HMH Books & Media backlist are: The Lord of the Rings trilogy and other titles by J.R.R. Tolkien; 1984 and Animal Farm by George Orwell; and All the King’s Men by Robert Penn Warren, among many others. HarperCollins currently has rights to J.R.R. Tolkien’s works in the British Commonwealth.
Lifestyle magazines Departures and Centurion, which went to high-income holders of American Express platinum and centurion cards, are the latest casualty in the print world as Meredith laid off most of the staff and halted publication of the seven-times-a-year print titles. Said an AmEx spokesperson, “We regularly evolve our premium card offerings and have made the decision to transition the Departures and Centurion US magazine benefits to a new digital-first editorial platform.” Departures’ May/June, Spring Home + Design issue and the quarterly Spring/Summer Centurion Magazine will be the final print issues in their current form published by Meredith Corporation.
Tetra Pak announces it is ready to deploy its portfolio of tethered cap solutions. The portfolio brings numerous benefits to food and beverage manufacturers and consumers, as the company builds on its vision of the most sustainable food package. These benefits include minimising litter, as the cap will stay attached to the package. The carbon footprint can also be reduced because the company’s tethered caps are planned to become available as a plant-based option, therefore increasing the renewable content of the package. In tandem, the company is accelerating the expansion of its paper straws offering to ensure further renewable and low carbon materials across the range of packaging solutions. The aim of this is to address a broad range of customer sustainability needs without compromising on food safety, while still delivering on the end-user drinking experience. Tetra Pak’s tethered caps and paper straws developments mark the latest additions to its range of responsible end-to-end solutions, allowing manufacturers to achieve their ambitions in three essential areas – food safety, food waste and the environment - simultaneously.
Aligned to Gap Inc.’s Power Plan 2023, the company is focused on growing its purpose-led, billion-dollar lifestyle brands by leveraging the power of its portfolio and the power of its platform. With this, Gap Inc. has entered into an agreement to sell Janie and Jack, a leader in premium children’s fashion, to Go Global Retail, an investment platform in the fashion and consumer brand sector. Go Global Retail intends to acquire the entire Janie and Jack business, including the e-commerce platform, all store leases, and assets. Commenting on the transactions, Gap Inc. Head of Strategy, Sally Gilligan, said, “As part of Gap Inc.’s Power Plan 2023, and exemplified by this transaction, we are prioritizing strategic focus and resources behind the growth and potential of our billion-dollar brands in Old Navy, Gap, Banana Republic and Athleta.”
A fast-advancing Florida privacy bill that would give consumers the right to opt out of targeted advertising is drawing opposition from the ad industry. The Consumer Data Privacy bill (HB 969 and SB 1734), first unveiled in February, would broadly require companies to notify consumers about data collection, and allow consumers to opt out of the sale of their personal data, as well as its processing for purposes of targeted ads. The bill defines targeted advertising as ads based on people's predicted interests, as determined by data gathered from people's activities over time and across businesses, websites or other online applications.
The American Forest Foundation (AFF) is partnering with the Forest Stewardship Council (FSC US) to support the implementation of the FSC US Controlled Wood National Risk Assessment. The partnership's goal is to help companies that source fiber from family forestlands to mitigate sustainability risks identified in the FSC Controlled Wood National Risk Assessment for a specific region, such as threats to High Conservation Values and forest conversion. AFF and FSC are also working together to monitor the impacts of these risk mitigation efforts on family-owned forests. To ensure close coordination on this effort, AFF has become a Member of FSC in the Social Chamber. Family forests, which comprise almost 40% of US forests and provide more than 50% of the wood flowing into supply chains, are a principal source of FSC Controlled Wood. Over the last year, AFF has implemented a range of risk mitigation projects across the Southeast US, in partnership with a handful of FSC Certificate Holders that source Controlled Wood.
Total European shipments of graphic papers in January 2021 were down 22.3% vs. January 2020. Total European shipments of newsprint in January 2021 were down 23.2% vs. January 2020. Total European shipments of sc-magazine in January 2021 were down 26.9% vs. January 2020. Total European shipments of coated mechanical reels in January 2021 were down 25.2% vs. January 2020. Total European shipments of uncoated mechanical (improved & others) in January 2021 were down 20.2% vs. January 2020. Total European shipments of uncoated woodfree in January 2021 were down 14.9% vs. January 2020.
National Average Price for Regular Unleaded Current: $2.866; Month Ago: $2.699; Year Ago: $2.69. National Average Price for Diesel Current: $3.101; Month Ago: $2.908; Year Ago: $2.639
American Dollar to Canadian Dollar = 0.794905; American Dollar to Chinese Yuan = 0.152801; American Dollar to Euro = 1.177823; American Dollar to Japanese Yen = 0.009112; American Dollar to Mexican Peso = 0.048245.
Domtar is working to build circular economies at each of our mills. In the past several years, the Windsor Mill has gone to great lengths to close its sustainability loop and nurture the forests that support its operations and the people that live and work in the surrounding area. That includes a partnership with local maple syrup producers. The Windsor Mill is one of Canada’s last fully integrated pulp and paper mills, which means it owns forestland — 400,000 acres of it — to support its operations. The mill manages its forests for multiple uses, selectively harvesting trees about once every 20 years. The mill has developed partnerships for the forests to benefit the larger community during the two decades of growing time. One of these partnerships was formed in 2016 to allow local maple syrup producers to harvest sap from the large stands of sugar maples that dominate the land. Since starting its partnership with local syrup makers like Simon Bellegarde five years ago, the Domtar forest’s more than 140,000 taps have yielded enough tree sap to make about 33,000 U.S. gallons of maple syrup each year.
In so many fundamental ways, environmental sustainability is baked into the nature of the paper and paper-based packaging industry – from the ability and financial incentive to regrow its primary raw material to the biodegradability of its products. As the call for the circularity of product lifecycles is growing louder, paper has always had a head start. And the industry’s strong support and investment in recycling has transformed the circularity of paper products from vision to reality. At a time when there is growing alarm about the low recycled rates of other materials, paper recycling is a stark exception. While the recycling rate of other materials is as low as the single digits – for example, the U.S. Environmental Protection Agency reports the recycling rate for plastics is just 8.7% – 66% of all paper products in the United States and 70% in Canada are being recycled. This is near the theoretical maximum recycling rate when items like hygiene products and long-held items such as archived records and books are excluded. For those grades that can be almost entirely recovered and reused, such as corrugated cardboard boxes, the recycling rates are higher than 90%.
Eric Le Lay, President of Huhtamaki’s Fiber Foodservice Europe-Asia-Oceania business, has been appointed President of the European Paper Packaging Alliance (EPPA) as of March 24, 2021. Representing Europe’s leading manufacturers of paper and fiber-based food and foodservice packaging, EPPA promotes food safety, circular solutions, and lower carbon emissions. The European paper and board packaging sector directly employs around than 50,000 people and supports the foodservice market, with an estimated turnover of EUR 70 billion, employing 1.6 million people and supplying 160 million consumers across the EU. Commenting on EPPA’s priorities for 2021, Eric Le Lay indicated that he will be focusing on better regulation and evidence-based policy making during his presidency. This to ensure that the legislation which affects paper-based packaging and the EU’s Green Deal ambitions is delivered based on sound evidence and better regulation principles and with a view to fostering environmentally viable solutions through innovation. “EPPA members are committed to reducing the environmental footprint of food and foodservice packaging without compromising food safety and human health protection. We will continue to build partnerships with organizations who share our focus on developing and delivering innovative and practical solutions to increase recycling and to reduce carbon emissions. EPPA, whose members represent both suppliers of renewable and sustainably produced raw materials and manufacturers of food service packaging, is committed to helping food retailers and hospitality businesses deliver the best consumer experience sustainably,” says Eric Le Lay, the newly appointed President of EPPA.
UPM Timber has completed the employee consultation process started in early February on its plans to improve profitability and strengthen competitiveness. Based on the negotiations, the number of positions at UPM Timber will decrease by 43. As a result of the negotiations, UPM Timber is renewing the management model of its sawmills and streamlining its supply chain. In addition, the small log line at Kaukas sawmill will be closed by the end of June 2021 and the operating model of Korkeakoski sawmill will be optimized.
To seek important public input, the Commission requires the Postal Service to hold at least one pre-filing conference and make a good faith effort to address the concerns of interested persons. The Postal Service must give at least ten day’s advance notice before the first scheduled pre-filing conference. *The Commission will publish notice of the pre-filing conference in the Federal Register and appoint a Commission employee (Public Representative) to represent the interests of the general public. *Following the conference, the Postal Service must file the formal request for an advisory opinion with the Commission at least 90 days before implementing any of the proposed changes. This formal request must certify that the Postal Service has made good faith efforts to address the concerns raised at the pre-filing conference and meet other content requirements. *After the Postal Service files its request for an advisory opinion with the Commission, the Commission will set forth a procedural schedule and provide further information in a notice and order that will be published in the Federal Register. *The Commission is required by law to consider the Postal Service’s request for an advisory opinion. Before issuing its advisory opinion, the Commission must provide an opportunity for a formal, on-the-record hearing, with the Commissioners sitting en banc. Due to the COVID-19 pandemic, the Commission is presently operating remotely and any hearing held in the near term would be virtual. *By law, the Commission’s final opinion is advisory in nature. The law does not give the Commission authority to veto service changes. As a result, the Postal Service is not required to implement or take any further action with regard to the Commission’s opinion. *Interested persons who do not want to formally participate in the proceedings may file comments with the Commission sharing their views.
Sonoco announced it is implementing a $50 per ton price increase for all grades of uncoated recycled paperboard (URB) in the United States and Canada, effective with shipments beginning April 26, 2021. Sonoco said the price increase was in response to strong demand across its U.S. and Canada mill network which is driving significantly longer backlogs as well as stepped up inflation of input costs, especially freight, papermaking chemicals and packaging supplies.
Amcor and Mars Food today celebrate the supermarket roll-out of easier to recycle microwavable rice pouches in the UK. This new pouch, designed to be recycled, will be piloted with Uncle Ben’s® Ready to Heat Wholegrain rice, and will be available in Tesco stores from mid-April. The breakthrough innovation delivers on the commitment made by Amcor and Mars Food in December 2020 to deliver easier to recycle packaging for microwaveable food pouches in the first quarter of 2021. This innovation uses Amcor’s proprietary AmLite HeatFlex technology to allow Mars Food to retain the shape, long shelf-life, functionality and high safety standards needed for its ready-to-heat rice packaging whilst adding the benefits of being easier to recycle. Amcor’s recyclable* AmLite HeatFlex® technology has a broad range of applications for food products that require the packaging to be heated either during manufacturing or at-home consumption. The roll-out of Uncle Ben’s® (soon to be rebranded as Ben’s Original®), new pouch coincides with several major UK retailers announcing in-store trials to collect and recycle flexible packaging material such as this.
Building on the success of RRD’s diagnostic test kits, the company now offers a wide range of diverse care kits spanning telemedicine prep, COVID-19, diabetes management, asthma, social isolation and more. The end-to-end solution encompasses kit ideation, design, item procurement, packaging, fulfillment and communications -- both inside and outside of the box. RRD has already curated nearly three million care kits on behalf of several dozen clients. A recent Wellframe study found 57% of Americans with chronic conditions have delayed healthcare services and experienced a gap in care due to the pandemic. Meanwhile, the 2021 Medicare Shopping and Switching Study found the use of care kits can help positively impact member impressions. In fact, 59% of Medicare Advantage members said receiving COVID-19 or flu kits improved their opinion of an insurer, demonstrating the ability of care kits to reaffirm company commitment to member and patient wellness.
The American Forest & Paper Association (AF&PA) President and CEO Heidi Brock issued the following statement in support of U.S. Senators Rob Portman’s (R-OH) and Debbie Stabenow’s (D-MI) and Representatives David Joyce’s (R-OH) and Dean Phillips’ (D-MN) introduced legislation, the RECYCLE Act. U.S. Senators Gary Peters (D-MI), Maggie Hassan (D-NH), Todd Young (R-IN), Elizabeth Warren (D-MA), and Susan Collins (R-ME) are original cosponsors of this legislation. “The RECYCLE Act will help educate millions of Americans on how to recycle paper and paper-based products, increasing the quantity and quality of paper in the recycling stream. AF&PA applauds the work of Senators Portman and Stabenow and Representatives Joyce and Phillips, who are working hard to engage on bipartisan solutions, and is eager to move this bill forward into law. Providing grants to fund recycling education programs is a necessary step to help ensure consumers can successfully contribute to paper recycling’s success story.
Fulfill the expectations of today’s sustainability-minded consumers with premium packaging and collateral that’s authentic, environmentally responsible… and highly cost-competitive over “natural-looking” text and cover alternatives. Proven innovation, outsized impact for premium retail brands. Food, beverage, apparel, accessories, beauty/cosmetics, cannabis—and so much more. • Glama KRAFT is a printing, converting and packaging substrate that brings the distinctive look and feel of real kraft paper to premium recyclable text and cover. Truly a league of its own. • 90% post-consumer fiber, 100% recycled and Forest Stewardship Council certified • Optimized for 6+ color printability, foil stamping and embossing—offset and heat-set web to dry toner equipment and HP Indigo. • High affordability and cost-effectiveness for brand owners.
The United States Postal Service today released its 10-year Plan, ‘Delivering for America’, to return the organization to financial sustainability and achieve service excellence while maintaining universal six-day mail delivery and expanding seven-day package delivery. “The need for the U.S. Postal Service to transform to meet the needs of our customers is long overdue,” said Postmaster General and Chief Executive Officer Louis DeJoy. “Our Plan calls for growth and investments, as well as targeted cost reductions and other strategies that will enable us to operate in a precise and efficient manner to meet future challenges, as we put the Postal Service on a path for financial sustainability and service excellence.” “The Board challenged Postal management to devise a Plan that was firmly rooted in our public service mission to bind the nation together,” said Ron Bloom, Chairman of the United States Postal Service Board of Governors. click read more below
“Recognizing that issues in certain facilities across the country continue to hamper service performance, we have come together to form a National Joint Task Force on Service Performance to identify and craft solutions to improve service at specific locations within the network. Members of the Joint Task Force will work together on making necessary changes to strengthen service reliability, share best practices and stay vigilant to any emerging issues. The National Task Force will also ensure resources are allocated, lines of communication are open and concerns that are not resolved locally are escalated quickly. Maintaining strong service performance is a process, not a destination; through weather, natural disasters and a holiday season in the midst of a pandemic. Mail never stops flowing through our system. If bottlenecks occur it can have a cascading impact on the network. Addressing issues early can make all the difference.” The National Task Force held their first meeting on March 22.
Johnson & Quin is expanding its capacity to produce full color personalized direct mail packages by adding additional color printing, folding, and inserting equipment at its facility in Niles, Ill., north of Chicago. Johnson & Quin’s clients are seeing increased response when mailing packages with more personalization in color and, as a result, are mailing increased volumes. Based on this higher demand, the company is adding MBO High-Speed Folding Systems, Pitney Bowes Mailstream Direct Ultra-High-Speed Inserters and MCS Condor Color Inkjet Envelope Printers. “With over 40 years of direct mail production experience, Johnson & Quin continues to implement new technology and increase capacity to provide clients with high quality direct mail production to make their marketing programs successful,” said Andrew Henkel, Vice President & Principal at Johnson & Quin. “The addition of this new equipment in combination with high-speed color inkjet presses allow us to produce high volume direct mail programs with full color personalization in quick time frames.”
The BoxMaker, a leading Pacific Northwest manufacturer of corrugated packaging, broke ground on a new production plant in Lowell, Arkansas, on March 16, 2021 as part of a multi-million-dollar investment to effectively address growing demand across the country for digitally produced packaging and displays. The new 60,000-sq.-ft. facility will produce full-color custom corrugated boxes and retail displays using industry-leading digital production equipment, including an HP PageWide C500 printing press and a fleet of high-speed tool-less digital cutting machines. The BoxMaker will be the first company in the United States to operate two C500 machines, the first having been installed and operated in their Seattle, WA plant since 2018.
O-I Glass, Inc. announced a significant investment to support strong customer demand for highly sustainable glass packaging. O-I will invest approximately $75 million in an expansion at its Zipaquirá, Colombia facility. Upon completion by the end of 2022, the project is expected to add nearly 2 percent of capacity to the company’s Americas segment and produce about 500 million bottles annually. “Our customers recognize the strong brand building characteristics and superior sustainability profile that make glass the preferred packaging substrate. In particular, strong market growth and affinity for glass is fueling significant demand for glass packaging in the Andean market. Building on our highly successful expansion at the Zipaquirá facility in 2019, we are excited to add a fourth furnace with an attractive return on investment to support market growth. As a result, the facility will be one of O-I’s largest and most cost effective plants in the global network,” said Andres Lopez, O-I CEO.
American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 4.5% in February after rising 1.8% in January. In February, the index equaled 110 (2015=100) compared with 115.2 in January. “February’s drop was exacerbated, perhaps completely caused, by the severe winter weather that impacted much of the country during the month,” said ATA Chief Economist Bob Costello. “Many other economic indicators were also soft in February due to the bad storms, but I continue to expect a nice climb up for the economy and truck freight as economic stimulus checks are spent and more people are vaccinated.” January’s gain was revised up slightly to 1.8% from our February 23 press release. Compared with February 2020, the SA index fell 5.9%, which was preceded by a 1.6% year-over-year decline in January. In 2020, the index was 4% below the 2019 average.
Expanding its LINTEC® labelstock portfolio, Mactac® announces the addition of retro-reflective films to its product line-up. Designed for label applications such as warehouse racking, pallet labels, safety, and warning labels, construction signage, and industrial labeling, the retro-reflective films are ideal for barcode scanning. The films are constructed from a polyester material uniquely embedded with glass beads that enable long-range barcode scanning – up to 50-feet. Retro-reflective films feature long-term indoor durability and 1 to 2 years outdoor durability. “The glass beads give the retro-reflective polyester films a light silver appearance and allow barcode scanning from a distance, making them great for warehouses and other applications where pallets or products are often stacked and harder to reach,” said Cassandra Semonin, Marketing Manager, Mactac Performance Adhesives.
Smurfit Kappa has designed a new integrated packaging system following close collaboration with Signify, the world leader in connected LED lighting systems, by designing the BioShift UV-C Chamber Case, used to ship and transport UV-C lights that have significant antibacterial properties, which kill germs and viruses. The new packaging solution is a 100% mono-material paper-based solution, that removes all plastics and reduces the number of packaging materials used, from five to one. The BioShift case is secured by a fit-to-size hood with special multi-use locks. The case is then placed on a corrugated pallet. In addition to providing a more sustainable solution, the new integrated packaging system also reduces costs. The BioShift UV-C Chamber’s lightweight design reduces assembly labour by 50% and reduces storage space by 30% which allows for 16 additional pallets per truck. The new packaging also guarantees 100% security during transport.
Monadnock Paper Mills, Inc. was recognized with three 2020 American Graphic Design Awards, presented annually by Graphic Design USA (GDUSA). Monadnock Astrolite PC 100 Swatchbook – Brochures + Collateral category (self); Luxury Performance Board Toolkit – Sales Promotion/Self Promotion category (client); “Sustainability is Kindness” Hemp Sample Box – Direct Mail + Direct Response category (client). “We love the opportunity to showcase our sustainable paper and packaging innovations,” says Lisa Berghaus, director of marketing communications at Monadnock. “It is a true testament to the hard work of our team, partners, and clients.”
With Koehler NexPlus®, the Koehler Group is meeting the rapidly growing demand for sustainable packaging solutions - and this extends beyond just the food industry. Within the framework of an extensive sustainability project, Südzucker is changing all of its packaging to 100% recyclable solutions over the coming years. As part of this, Südzucker has changed the packaging material of its sugar sticks to Koehler NexPlus® Seal paper.
Following on the heels of Tony Mollica’s appointment to CEO of Twin Rivers, the company continues to build on its play to win strategy with the announcement of six new, highly experienced cross-functional team members. The team is well-positioned to realize company-wide strategic objectives as it drives advancements in innovation and productivity, as well as operational, commercial, and customer service excellence. Mark Lukacs has joined the company as Chief Operating Officer. Stepping into the newly created role of Chief Commercial Officer is Jeffrey Hederick who will work closely with Mollica and other senior leaders to enhance commercial excellence capabilities that drive growth and customer satisfaction. Hederick will lean on the business and customer insight of seasoned team members Tony Rigelman, Vice President of Sales, and Brian McAlary, Vice President of Business Development, Technical and Export Sales. John Graves has been appointed to Vice President of Innovation and Productivity, another newly created position. Mike Soucy, a Twin Rivers veteran of over 28 years, has been named General Manager of the Plaster Rock operation. John Bates, who has spent the past four years working with the New York mills in various capacities, has been named the Director of NY Operations. Rounding out the new team members is Jason Querze, Customer Service Manager.
Berry Global Group, Inc. announced its second investment for 2021 in the wipes segment to support the long-term consumer behavior shift towards infection prevention, amplified by the COVID-19 pandemic. The investment, located in Europe, will increase Berry’s production footprint in support of its global customers, with total investments reaching over $110 million in nonwoven materials for products such as hard surface disinfectant wipes. Prior to the demand surge of 2020, the European impregnated wet wipes segment, for home cleaning and disinfecting, was growing at the rate of five percent in the 2014 to 2019 time frame. COVID-19 has increased heightened focus on sanitation and personal hygiene for infection prevention, suggesting permanent consumer trends away from the chore of cleaning to a health and safety priority. “We strategically partner with many of the world’s leading brands with wipe materials, ensuring our investments align with demand for today and for the future. The reliability of our capacity and scale are paramount to our customer support and the trusted relationships we desire to maintain,” said Curt Begle, President of Berry’s Health, Hygiene, and Specialties Division.
“I’m exceedingly proud of our FedEx team members, who are moving the world forward through the delivery of COVID-19 vaccines — the most important work in the history of FedEx,” said Frederick W. Smith, FedEx Corp. chairman and chief executive officer. “As reflected in this quarter’s results, continued execution of our strategies is producing strong earnings growth and margin improvement across our company. We expect demand for our unmatched e-commerce and international express solutions to remain very high for the foreseeable future.” Operating results increased primarily due to strong volume growth in U.S. domestic residential package and FedEx International Priority services and pricing initiatives across all transportation segments. These factors were partially offset by costs to support strong demand and expand services, variable compensation expense, higher labor rates, and one fewer operating weekday.
Stakeholders from around the world are invited to give feedback on the revised Sustainable Forestry Initiative (SFI) forest certification system. Deadline for comments is 11 May. Give your feedback now! SFI, a PEFC national member in North America, revised their forest certification system, which covers both the United States (USA) and Canada, following the entry into force of the revised 2018 PEFC Sustainable Forest Management standard. After revising the system in line with PEFC requirements, SFI submitted the revised system to PEFC for endorsement. The national system is now undergoing the PEFC assessment process, carried out by an independent PEFC Registered Assessor. It must pass this process and be approved by the PEFC General Assembly before it can achieve endorsement.
We are so excited to announce the opening of our new branch facility in Kansas City, MO! With the growth and expansion of our customer base and sales representation into the Midwest, Kansas City is a prime location to service existing and new customers throughout Kansas, Missouri, Iowa and Nebraska. Our team has been hard at work to get up and running at this new location. We have sales reps, inside sales, warehousing operations, logistics, technicians, and engineers based in and around Kansas City ready to serve this area of the country with the same care and attention that our customers have come to expect.
ePac is excited to announce the opening of its second Canadian location, this time in the Greater Toronto Area. ePac Toronto will open in June of 2021 and will be located at 209 Brunel Road, Mississauga, Ontario. Hila Frish joined as ePac Toronto’s General Manager, bringing over 18 years of management and manufacturing experience to her new position. The facility has begun taking orders, with fulfillment handled by ePac Vancouver until the official opening of ePac Toronto. According to George Boustani, Managing Partner for ePac’s Canadian operation: “We opened ePac Vancouver in December 2019, and realized the same rapid growth we’ve seen in other ePac locations around the world. Our value proposition of 5-15 day turnaround and low minimums resonates well with the Canadian market, and we’re excited to bring our community-based focus to Toronto”.
Metsä Group’s innovation company Metsä Spring and Valmet are building a demo plant in Äänekoski. The plant will manufacture new 3D fibre products for food packaging and other purposes. The demo plant reached its full height on 23 March 2021 with construction work proceeding as planned. The main equipment delivered by Valmet will be installed in the autumn 2021, and the first test runs should begin at the end of 2021 – approximately 12 months after the start of the construction. “The demo plant will test the production of new 3D fibre-based packaging. New packages will be tested with different partners to receive feedback on their market feasibility,” says Veli-Matti Hulkko, Technology Manager at Metsä Spring. The advanced production process is efficient and flexible. Wood fibre from Metsä Group’s mills could be used to produce large volumes of completely ready packages for different purposes.
PRINTING United Alliance announced that Dave Leskusky has been appointed president of PRINTING United Alliance. Leskusky has successfully overseen operations at NAPCO Media, which melded with the Alliance in 2019 to further connect members and the industry at large with a comprehensive platform of the most widespread media brands in the industry, more than 30 combined events, including the largest printing and graphic arts trade show in the Americas – PRINTING United. In this move, Leskusky will retain his role in leading NAPCO Media as part of the PRINTING United Alliance portfolio and will additionally support Alliance efforts to further streamline myriad robust resources and services being offered from the Alliance, including preeminent industry education, training, workshops, events, research, government and legislative representation, safety, and environmental sustainability guidance.
Lecta announces a price increase on its self-adhesive products effective for deliveries from 19th April 2021. The increase will be from 8% to 10% depending on format and product. The increase is necessary to offset the increase in manufacturing costs due to the continuously rising prices in raw materials.
As Lynne and John Regas approach five years in business, no year has been more defining for their Minuteman Press printing franchise than this one. “We both feel very fortunate that we were considered essential and were able to remain open during the COVID-19 pandemic, not only to be there for other local businesses and organizations, but to help us stay sane and keep working,” says Lynne. Since the beginning of the pandemic, Minuteman Press Frankfort has continued to provide high-demand products and services that have been critical in helping local businesses reach out to customers while promoting community solidarity. “Early on in the pandemic, we saw high demand for yard signs. We were able to supply local schools with graduation signs, and now those same school districts are coming back to us since it was so popular. Banners and flags have been in high demand from businesses who simply want to let customers know, ‘We’re Open.’ Restaurants have also come to us for takeout menus as they update their specials, menu items, and safe pickup and delivery options.”
The Sustainable Forestry Initiative celebrates forests every day, but every year on March 21 we join so many others to formally recognize the United Nations International Day of Forests. This year’s theme is “Forest restoration: a path to recovery and well‑being.” SFI’s mission directly supports this theme and the broader UN Sustainable Development Goals. SFI-certified forests and products are powerful tools to achieve shared goals such as mitigating climate change, conserving biodiversity, protecting clean water, reducing waste, educating current and future generations, and supporting sustainable economic development that creates jobs and improves lives. There are more than 375 million acres/150 million hectares of forests certified to SFI with tens of millions more positively influenced by SFI fiber sourcing. And every day, SFI-certified organizations plant 2.5 million trees across the U.S. and Canada. This year, SFI is pleased to share the first in a series of story maps—interactive tools to provide users with a new and immersive way to engage with SFI content.
After breaking ground two and a half years ago, Green Bay Packaging produced the first reel of paper at its new paper mill. According to officials, the construction of the new Green Bay Mill will preserve more than 1,100 Green Bay Packaging jobs across Brown County and over 1,500 jobs in Wisconsin. “These are exciting times at Green Bay Packaging as we ramp up production on our new paper machine. This is the single biggest project in our company’s history, and It certainly would not have been possible without the tireless efforts of our internal people and our many partners and suppliers working together to turn this dream into reality,” commented Will Kress, Chairman and CEO of Green Bay Packaging.
Mondi Group has joined forces with the Alliance for Water Stewardship (AWS) to support good water stewardship performance across its operations. AWS is a global membership collaboration comprising businesses, non-governmental organisations (NGOs) and the public sector. Members contribute to the sustainability of local water resources through their adoption and promotion of a universal framework for the responsible use of water – the International Water Stewardship Standard (or AWS Standard) – which drives, recognises and rewards good water stewardship performance. With AWS and WWF, Mondi developed a Group water stewardship standard that is designed to set out how its mills will use operational and catchment-based context to determine contextually appropriate levels of water stewardship responses. This work was guided by the AWS Standard and considers each of Mondi's mills' exposure to water-related risks using WWF’s Water Risk Filter.
SCREEN Americas announces its official relocation from Rolling Meadows to Elk Grove Village, Illinois, and celebrated with a ribbon cutting ceremony at 2:00pm on March 18, 2021. Guests to the event included the mayor of Elk Grove Village, Mayor Craig B. Johnson along with representatives from the village’s fire and police departments. “We are happy to welcome SCREEN Americas to Elk Grove Village,” said Mayor Johnson. “It is an honor to have such a thriving high-tech company call Elk Grove Village home.” Ken Ingram, president of SCREEN Americas, had the honor of cutting the ribbon in the Inkjet Innovation Center, the 14,000-plus square foot area which has come to be known as the centerpiece of the new facility and the room in which customers will engage in SCREEN Americas’ technology for the commercial, publishing, direct mail, transactional, packaging, folding carton and label industries.
The United States Postal Service announced strong improvements in mail delivery service performance across all categories and regions as its third-party- operated air network and mail and package processing and delivery operations continued to stabilize from a historic peak holiday season and severe February storms throughout the country. For the week of March 6 through March 12, 2021, overall service performance recovered to pre-holiday levels with First-Class Mail reaching 83.69 percent of the Post Service’s national performance standard of one-to-three-day delivery. Mailing of Marketing Materials (90.84 percent) and Periodicals (77.64 percent) rebounded to levels of service performance on par with Postal Service deliveries before last year’s record-breaking peak holiday season, from mid-November through mid-January.
The following is a statement from Maria A. Pallante, President and CEO, Association of American Publishers: “The American Booksellers Association newly released whitepaper, American Monopoly: Amazon’s Anti-Competitive Behavior is in Violation of Antitrust Laws, provides a clear outline of the longstanding, anti-competitive behavior that has enabled Amazon to gain a dominant position in the publishing industry. As AAP noted in comments filed with the FTC in 2019, the fact is that no publisher can avoid distributing through Amazon and, for all intents and purposes, Amazon dictates the economic terms, with publishers paying more for Amazon’s services each year and receiving less in return. At the same time Amazon’s approach to its bookstore enables widespread counterfeiting, defective products, and fake reviews that both degrade the consumer experience and diminish the incentives of authors and publishers to create new works and bring them to the marketplace. We thank the American Booksellers Association for making a clear, concise, and powerful case for government officials to step in quickly and decisively to exercise corrective measures and appropriate governance of this dominant platform.”
Unit sales of print books hit a new high for the week ended March 13, 2021, compared to the similar week in 2020. According to NPD BookScan, units jumped 36.5% last week over the week ended March 14, 2020. A portion of the gain was due to some weakness in 2020 caused by the early impact of the pandemic; unit sales fell 6.2% compared to the similar week in 2019. But, for the most part, the unit sales gain was driven by continued solid demand for print books. Large unit gains, as has been the case for most of 2021, occurred in all the major segments, and the increase was also helped by the release of two adult nonfiction books that hit the top two slots on the overall bestseller list. Nicole Lepera’s How to Do the Work was #1, selling more than 53,000 copies, while Dana Perino’s Everything Will Be Okay was second, selling nearly 51,000 copies. A third new nonfiction title also had a solid first week, with The Code Breaker by Walter Isaacson landing in fifth place on the overall list, selling over 41,000 copies. Overall, print unit adult nonfiction sales increased 27.6% over the comparable week in 2020.
Today a lack of both collection and processing infrastructure makes it difficult to keep waste out of landfill and meet consumer demands for more sustainable packaging. The prototype KitKat wrapper (pictured) demonstrates the opportunity to close-the-loop on recycling soft plastics and has been created by a coalition of companies with a shared vision to resolve the challenge of plastic waste in the environment. Partnering together, Nestlé, CurbCycle, iQ Renew, Licella, Viva Energy Australia, LyondellBasell, REDcycle, Taghleef Industries and Amcor leveraged their individual expertise to collect and process soft plastic waste, turn it back into oil using advanced recycling technology and create the prototype KitKat wrapper.
Today marks Global Recycling Day, which recognizes the importance recycling plays in protecting the planet and brings the world together to prioritize sustainability. Led by the Global Recycling Foundation, the annual milestone implores the public to see opportunity rather than waste and to be thoughtful about what we throw away. This mission aligns with our own goals and responsibilities as a major manufacturer of metal packaging—a primary product that is infinitely recyclable and supports a sustainable supply chain. Within our Twentyby30 sustainability program, our approach to recycling is twofold: We are working to raise consumer and industry recycling rates in our major markets, and alongside those efforts, are aiming to improve the recycled content averages across our products. These efforts recognize that metal packaging carries tremendous recycling power—a recycled beverage can, for example, returns to a store shelf in as few as 60 days—and contributes to the circular economy. In addition, the lifespan of aluminum beverage cans in particular is considered cyclical because when made with recycled material, their production reduces greenhouse gas emissions by about 90% when compared to cans made from primary materials With the knowledge that recycling 100% of aluminum cans could power four million homes for a full year, the value of this manufacturing efficiency becomes even clearer.
Solenis, a leading global producer of specialty chemicals, will increase prices by up to 20 percent on all wet strength resins in EMEA, effective immediately or as contracts allow. The price increase is necessary due to lack of raw material availability, escalating key raw material costs and a surge in freight costs that has led to additional pressure on our global supply chain. “We are unable to absorb the impact of the increased costs that we are currently experiencing but we will continue to work in partnership with our customers to help mitigate the increases,” said Jose Santolaya, director, EMEA marketing and product management.
National Average Price for Regular Unleaded Current: $2.886; Month Ago: $2.604; Year Ago: $2.196. National Average Price for Diesel Current: $3.107; Month Ago: $2.822; Year Ago: $2.710
American Dollar to Canadian Dollar = 0.800559; American Dollar to Chinese Yuan = 0.153646; American Dollar to Euro = 1.190480; American Dollar to Japanese Yen = 0.009190; American Dollar to Mexican Peso = 0.049246.
Agencies and clients agree that research-driven customer insights play an important role in the development of effective marketing and creative campaigns. At the same time, I’ll bet relatively few think of research as a creative process or discipline. The fact is, all research is (or should be) creative. The best researchers approach their work with an open and creative mindset that skillfully uncovers the information to successfully drive creative development. The constraints of time and budget—facts of life in the business world—should never be an excuse for missing out on insights that support business growth and lead to game-changing creative campaigns. much more at: https://www.jschmid.com/blog/all-research-is-creative/
Plant-based gelato brand Sacred Serve has debuted the world’s first completely plastic-free and recyclable ice cream cartons, developed by British sustainable packaging company Delipac. The first-of-a-kind polymer and plastic-free cartons, which are also compostable and biodegradable, are made from a paper-based fibre lined with a food-safe water-based barrier solution that ensures that the container is robust enough to hold sauces, liquids and foods at both high oven and deep freeze temperatures. Kailey Donewald, founder and CEO of Sacred Serve, says that introducing new sustainable cartons has been an ambition for the brand since its inception in 2017. "Packaging has been a major problem for the frozen set as a whole, and we’re thrilled to introduce a solution that will help push the entire category forward." Kailey Donewald, Founder & CEO, Sacred Serve
Total packaging papers & specialty packaging shipments in February decreased two percent compared to February 2020. They were up one percent when compared to the same two months of 2020. The operating rate was 84.5 percent, essentially flat (-0.2 pts.) from February 2020 and up 0.6 points year-to-date. Mill inventories at the end of February increased 4,000 short tons from the previous month and were up 14,000 short tons compared to February 2020.
According to the report, total printing-writing paper shipments decreased 29 percent in February compared to February 2020. U.S. purchases of total printing-writing papers decreased 24 percent in February compared to the same month last year. Total printing-writing paper inventory levels decreased one percent when compared to January 2021. U.S. purchases of uncoated free sheet (UFS) papers in February decreased 19 percent compared to last February while the inventory level remained essentially flat (-0.1 percent) compared to January 2021. UFS imports increased 39 percent while exports decreased 32 percent in January 2021. Coated free sheet (CFS) paper shipments decreased 32 percent compared to February 2020 while the inventory level decreased two percent compared to January 2021. CFS imports and exports both decreased compared to January 2020, down 26 percent and three percent respectively. U.S. purchases of coated mechanical (CM) papers in February decreased 38 percent compared to last February while the inventory level decreased three percent compared to January 2021. CM imports decreased 22 percent while exports increased 24 percent in January 2021. Uncoated mechanical (UM) paper shipments decreased 31 percent compared to February 2020 while the inventory level decreased six percent compared to January 2021. UM imports and exports both decreased compared to January 2020, down 14 percent and 47 percent respectively.
Cedar Graphics, Inc. of Hiawatha has acquired select business assets of J & A Printing, Inc. currently under the ownership of Scott Cadwallader. Printing, finishing and mailing services for J & A customers will transition immediately to the Cedar Graphics plant in Hiawatha, Iowa. J & A’s production facility in Hiawatha is not part of this acquisition. Cedar Graphics is a family and Iowa-owned business focusing on offset and digital printing, packaging, and direct mail for the education, manufacturing, retail, healthcare, and banking industries. Cedar Graphics’ unique mix of advanced UV offset presses, digital printing, and marketing services will make for a smooth transition for J & A’s customers who will now have access to these increased print capabilities.
S&P Global announced its support for the principles outlined in the Say on Climate initiative, reinforcing the Company's existing pledges to support the transition to a global net-zero economy. The initiative is a disclosure-based plan focused on emissions with the goal of advocating for sustainable business practices and corporate climate action plans. It will be presented to shareholders for a vote in S&P Global's 2021 and 2022 proxy statements. "Say on Climate's principles complement our belief in the importance of transparency and disclosure as well as the market-leading steps we have taken towards becoming net-zero by 2040," said Ewout Steenbergen,Executive Vice President and Chief Financial Officer of S&P Global. "We are working collaboratively with organizations in the private, public and nonprofit sectors to ensure that S&P Global meets our science-based targets and emissions reductions goals."
There’s a lot to look forward to in 2021. With wide-spread vaccination on the horizon, relative relief from the global pandemic is close at hand. But even with a new layer of safety added to the retail shopping experience, one factor remains irrevocably changed — the consumer. The numbers back this. More than 65% of consumers intend to continue new buying behaviors acquired due to the pandemic during the post-vaccine era, according to one recent study. Another survey reveals that 56% of consumers plan to use BOPIS (buy-online-pickup-in-store) after the pandemic ends. While retailers ready themselves to meet the post-pandemic consumer online and in-store, one thing is clear. Retail success in the post-pandemic era isn’t so much about where you serve your customers as it is about how you create authentic, personalized omnichannel experiences that transcend the limits of your digital and physical touchpoints and create lasting brand loyalty.
Bookstore sales fell 16.6% in January compared to the first month of 2020, according to preliminary estimates released by the U.S. Census Bureau. Sales in the month were $797 million, down from $956 million in January 2020. The 16.6% drop was only a slight increase over the 15% decline bookstore sales posted in December compared to December 2019, and is another sign that sales declines could be levelling off. February is typically the slowest month for bookstore sales—in 2020, sales in the month were $573 million—and last year's sales began to tank in March as the pandemic set in. Bookstore sales finished 2020 with a 28% decline compared to 2019.
The Network for Certification and Conservation of Forests (NCCF) submitted their national Trees outside Forests certification standard to PEFC for endorsement in January 2020. The public consultation, which is your chance to give your feedback on this national standard, will run from 31 March until 30 May. This is the first time NCCF, the PEFC national member for India, has applied for PEFC endorsement of its NCCF Trees outside Forests Certification Standard. Trees outside Forests (TOF) certification was one of the innovative developments of the 2018 PEFC Sustainable Forest Management standard.
Fourth quarter 2020 net income from continuing operations was $6.5 million compared to net income from continuing operations of $1.0 million in the fourth quarter of 2019. Net income from ongoing operations, which excludes special items and discontinued operations, was $9.7 million in the fourth quarter of 2020 and $9.9 million in the fourth quarter of 2019. Full year 2020 net loss from continuing operations was $16.8 million compared to net income from continuing operations of $58.5 million in 2019. Net income from ongoing operations was $50.8 million in 2020 and $47.6 million in 2019.
Worzalla congratulated the winners of their “Reel It In For Reading” ice fishing competition and announced their $1,500 donation to support the Portage County Literacy Council (PCLC). Worzalla’s donation will go towards PCLC’s one-on-one tutoring and small group instruction programs. The winners of the inaugural Reel It In For Reading ice fishing competition are: First-place winner, Zach Fuller of Iola, won $200 and an additional $100 for being the Worzalla associate with the largest catch. Fuller’s catch, a 103-pound sturgeon caught at Lake Winnebago, measured 71.3 inches. Fuller says that the sturgeon he caught is one of just 15 males over 100 pounds since the 1930s, when data first began being recorded. Second-place winner, Kyle Weeks of Iola, won $150. Third-place winner, James Liebe of Stevens Point, won $100.
R.R. Donnelley & Sons Company was honored with the 2020 3M Supplier of the Year Award in recognition of the company’s contribution to improving 3M’s competitiveness. This year,3M recognized 20 suppliers supporting the U.S. and Canada, among thousands in its global supply base, for world-class performance in providing products and services. These suppliers were identified and rated based on actions taken to improve 3M’s competitiveness and overall supplier performance. A virtual awards ceremony was held Feb. 4, 2021.
Mondi has started up new production lines for melt-blown nonwoven fabric and medical face masks at its site in Gronau, Germany to mitigate the spread of COVID-19. Mondi Gronau has over 50 years of experience in the production and processing of films, nonwovens and elastic components for hygiene products. Last year Mondi announced it would start up production lines to produce both the important base material, melt-blown nonwoven fabric, as well as the medical face mask themselves. With the new lines, Mondi is building up a local value chain in Germany to address the needs of the pandemic. The fully integrated production with two highly automated high-speed machines allows the output of 700 high-quality medical face masks per minute. This is approximately seven times higher than the standard face mask production line and will produce at least one million medical grade masks a day. The masks are certified as a medical product by the German Johner Institute as well as meeting the German standards OEKO-TEX and Dermatest.
News Corp announced that it has reached a multi-year agreement to provide access to trusted news and information to millions of Facebook users in Australia through its Facebook News product. The agreement involves News Corp Australia and includes The Australian national newspaper, the news.com.au news site, major metropolitan mastheads like The Daily Telegraph in New South Wales, Herald Sun in Victoria and The Courier-Mail in Queensland and regional and community publications. In parallel Sky News Australia has also reached a new agreement with Facebook which extends and significantly builds on an existing arrangement. The three-year deal follows an agreement reached in October, 2019 in which News Corp publications in the United States receive payments in exchange for access to additional stories for Facebook News.
Sonoco ThermoSafe and Unilode Aviation Solutions announce a partnership for the maintenance, repair and handling of Sonoco ThermoSafe’s passive bulk temperature-controlled containers at several key locations. This cooperation will play an important role in enabling the safe and efficient transport of pharmaceuticals and other temperature-sensitive products around the world. Sonoco ThermoSafe’s Pegasus ULD® is the world’s first FAA and EASA-approved passive bulk temperature-controlled container for pharmaceutical use, which enables it to speed through international ground handling and customs processes at the lowest possible cost. Engineered with composite materials, the Pegasus ULD® offers a lighter solution that is substantially more damage-resistant than traditional metal containers. Additionally, the Pegasus ULD® contains a fully integrated, FAA-approved telemetry system, providing real-time, cloud-based data on payload and ambient temperature and key environmental factors, precisely synchronized with GPS location.
DS Smith has announced a £100 million of combined investment in two new packaging sites in Italy and Poland in response to increased customer demand. The investment follows significant growth over the past three years and supports our ambitious plans for further organic growth. With the sustainable paper-based packaging market expected to grow significantly as a result of increased adoption of e-commerce and continued expansion in traditional food and drink markets, the new sites will provide much needed capacity. We arewell positioned to respond to these trends with 85% of the Group’s overall offering focused on consumer goods. Through its focus on recyclable, paper-based packaging, it can also respond to market requirements for solutions to replace single-use plastic.
The Group's consolidated sales reached EUR 2,528.4 million and were therefore close to the previous year's level (2019: EUR 2,544.4 million). A volume-related increase in sales in the packaging division was offset by a price-related decrease in the cartonboard division. EBITDA increased by 2.4% or EUR 9.3 million to EUR 398.9 million (2019: EUR 389.6 million), the EBITDA margin to 15.8% (2019: 15.3%) ). At EUR 231.4 million, the operating result was 9.4% or EUR 23.9 million below the previous year (2019: EUR 255.3 million). Financial income of EUR 1.7 million (2019: EUR 1.4 million) was offset by financial expenses of EUR -7.9 million (2019: EUR -8.4 million). The “other financial result - net” changed to EUR -3.2 million (2019: EUR 2.8 million), primarily due to changes in the foreign currency result. At EUR 222.1 million, earnings before taxes were therefore 11.6% below the previous year (2019: EUR 251.1 million). Income taxes amounted to EUR 59.8 million (2019: EUR 60.9 million), resulting in an effective Group tax rate of 27.0% (2019: 24.3%).
The Kuura textile fibre is produced in Äänekoski, Finland, at Metsä Spring and Itochu’s jointly-owned demo plant. The joint demo phase project, which is built around the Äänekoski demo plant, aims to demonstrate the feasibility of a novel production process and textile fibre product, from both a technical and economic standpoint. This advanced direct dissolution method saw its beginnings in a collaboration with universities and research institutions over a decade ago. The demo phase began in late 2020 and it is estimated to last approximately two years. “We are testing a novel way of producing textile fibres from undried pulp, based on safer and more environmentally friendly chemicals. Our project has now reached a point where we can shift our focus more on investigating the fibre’s market potential and its suitability in different applications. Our partner ITOCHU, which has operated in the textile industry for over 100 years already, plays a key role in this. The launch of the Kuura brand supports ITOCHU work at the customer front,” says Niklas von Weymarn, CEO of Metsä Spring.
We know what you’re thinking – why the heck would a catalog printer print their own catalog? There are three key reasons: 1) To Introduce the New Arandell Brand - Over the last few years we’ve been on quite a journey as an organization. 2) To Show What’s Possible with the Modern-Day Catalog - Nothing against the massive 100+ page behemoths you’re used to seeing, as they can still be effective, but most of today’s cataloging brands opt for a ”look book” approach—coffee table pieces that reinforce their company values. 3) To Put Ourselves in Our Customers’ Shoes - At Arandell our goal is to not just be a catalog printer for our clients but a true partner.
Emphasising its ongoing commitment to sustainability and underlining its position as a technology leader in low energy UV curing, Sun Chemical today announces significant upgrades to its market leading SunWave Lumina UV sheetfed inks for commercial printing. The new, improved inks are available now in the European market. The modified formulations no longer require EU “health hazard” labelling. They also meet the exacting environmental standards of Nordic Swan Ecolabeling and are fully compliant with EuPIA raw material guidelines. Furthermore, SunWave Lumina UV inks are deinkable according to INGEDE (International Association of the Deinking Industry) Method 11 criteria, which assesses the recyclability of printed products. Featuring class-leading lithographic and low-energy-curing performance on all sheetfed press types, the inks are designed for Process Standard Offset printing to ISO12647 and they consistently deliver outstanding levels of productivity at very high print quality, and with excellent dot gain. The latest highly reactive UV resin system offers exceptional curing with UV LED and low energy mercury lamps in both single and double-sided printing.
People hold unique connections to the forest, whether they be spiritual, social, physical, or economic. As Mercer knows, it is important to acknowledge these connections amongst our many stakeholders and to do all that we can to ensure the forest is managed sustainably so that everyone can remain connected to their forest in their own way. Operating in the Northern Boreal Forest region of Alberta, Mercer Peace River (MPR) holds two 20-year renewable government Forest Management Agreements (FMAs), along with three other deciduous (hardwood) timber allocations, totalling approximately 2.7 million hectares of Alberta forest. These agreements come with many responsibilities; one primary responsibility is to manage the forest sustainably and ethically. As part of our forest management process, we consult and engage with Indigenous communities and with many government, commercial, and public forest stakeholders to ensure that our plans are responsive, diversified and inclusive.
Lecta announces a price increase on all its Specialty paper grades of 10% effective for deliveries from 1 April 2021 for all European and Overseas markets. The increase is necessary due to the sustained increase in prices of pulp and chemicals along with the sharp increase of freight costs. This follows Lecta’s previous announcement made on Thermal paper grades.
The packaging industry is experiencing an unprecedented change: there is a strong push from both consumers and regulators for more sustainable solutions. As a result, brand owners have set ambitious targets for increasing the share of recyclable and fibre-based packaging. In order to achieve these targets, they need the help of the entire packaging value network; this is a huge opportunity for everyone involved. “The ultimate purpose of packaging is to protect the product during delivery and keep the contents safe to use. With many foods, for example, this means that packaging needs to offer protection against moisture or grease. Today these properties are typically achieved using plastic structures, but we are now working on fibre-based solutions that can satisfy these requirements, while offering additional benefits for climate and recycling,” says Janne Varvemaa, Director, Products and Technology at UPM Specialty Papers.
Due to current, strong price increases for raw materials as well as massive transport surcharges, Zanders Paper will implement a price adjustment for all products. The adjustment will range from five to ten percent, depending on product and region, and will take effect for all delivery dates from 19 April 2021.
S&P Global announced that its shareholders overwhelmingly voted to approve the Company's proposed transaction with IHS Markit at a special meeting of the Company's shareholders. Approximately 99% of votes cast were in favor of the transaction. "We are pleased with the strong support of our shareholders for our planned combination with IHS Markit," said Douglas Peterson, President and Chief Executive Officer of S&P Global. "Today's shareholder approval is an important milestone in the process of bringing together our two world-class organizations to continue building on our respective strengths in information, data science, research and benchmarks. We are confident we will drive meaningful growth and create value for our customers, employees, shareholders and other stakeholders as one company."
Consumers’ spirits are getting a boost from the anticipation of COVID-19 stimulus checks and the growing number of vaccinations. The initial reading of consumer sentiment rose to 83 in early March from 76.8 in February according to an index produced by the University of Michigan. It was the index’s highest level in a year. “The gains were widespread across all socioeconomic subgroups and all regions, although the largest monthly gains were concentrated among households in the bottom third of the income distribution as well as those aged 55 or older,” said Richard Curtin, chief economist, Surveys of Consumers, University of Michigan.
Fueled by huge gains for a host of Dr. Seuss titles, as well as solid results for several new books, unit sales of print books soared 34.2% in the week ended Mar. 6, 2021, over the comparable week in 2020, at outlets that report to NPD BookScan. Unit sales jumped 57.9% in juvenile fiction over the week ended Mar. 8, 2020, as Dr. Seuss titles took eight of the top 10 spots on the category list. The Cat in the Hat led the way, selling about 105,000 copies in the week, compared to 22,000 copies in the first week of March last year. Green Eggs and Ham followed, selling about 90,000 copies, trailed by One Fish Two Fish Red Fish Blue Fish (88,000); Oh, the Places You’ll Go! (74,000); and Fox in Socks (64,000). Interest in these books was heightened by the announcement by Dr. Seuss Enterprises that it will stop printing six other Dr. Seuss titles written between 1937 and 1976 because of concerns that they “portray people in ways that are hurtful and wrong.”
TC Transcontinental Packaging is thrilled to announce that it has won the Gold Award for Sustainability in the 2021 Flexible Packaging Achievement Awards Competition for the Maxwell House Canada 100% compostable coffee pod lidding and mother bag films. These breakthrough sustainable films are certified BPI (Biodegradable Products Institute) industrial compostable which leaves zero waste, provides an environmentally friendly solution to the popular single serve pod, and responds to the demand for sustainable packaging without sacrificing product freshness, performance and convenience. “At TC Transcontinental, the development of sustainable products is firmly rooted in our long history of social responsibility. This award underscores our leadership position in crafting commercialized, sustainable packaging solutions, and is one of many recognitions for our work in this space including the award-winning recycle ready pouch for loose tea, compostable structure for closed-loop collection, and also compostable whole-bean packaging for coffee. It is gratifying to see how our values of performance, teamwork and innovation have culminated in the development of such an outstanding array of sustainable products,” said Thomas Morin, President of TC Transcontinental Packaging.
I know. “Copywriting” and “formulas” sound like they don’t even belong in the same sentence, let alone the same concept. As someone who used to enjoy English class and all but cry their way through chemistry, I fully support words and numbers playing in separate sandboxes. But in marketing and advertising, there are in fact copy formulas you can use to disrupt and drive consumers to buy what you sell. The best formulas are easily remembered, quickly mastered, and can be used by novice and experienced writers alike. Knowing them can help you create copy that’s twice as effective, in about half the time. Formulas can also offer a boost when writer’s block sets in or help validate your work when you need a final gut check. Oh, and the reason they’re called formulas? Because they work! FORMULA #1: AIDA = Attention, Interest, Desire, Action; FORMULA #2: THE FOUR Cs = Clear, Concise, Compelling, Credible; FORMULA #3: FAB = Features, Advantages, Benefits.
For the Fourth Quarter of Fiscal 2020 *Net sales decreased 4.6% to $2.2 billion compared to $2.3 billion in the fourth quarter of fiscal 2019 due to the impact of COVID-19. *Operating income decreased to $224.3 million, or 10.2% of net sales, compared to $287.8 million, or 12.5% of net sales, in the fourth quarter of fiscal 2019. Adjusted operating income was $254.7 million, or 11.6% of net sales. *Net income was $171.5 million compared to $222.7 million in the fourth quarter of fiscal 2019. Adjusted net income was $193.4 million compared to $219.5 million in the fourth quarter of fiscal 2019. For the Full Year of Fiscal 2020 *Net sales decreased 16.8% to $6.2 billion compared to $7.4 billion in fiscal 2019 due to the impact of COVID-19. *Operating income decreased to $236.8 million, or 3.9% of net sales, compared to $901.1 million, or 12.1% of net sales, in fiscal 2019. Adjusted operating income was $352.5 million, or 5.7% of net sales. *Net income was $175.8 million compared to $705.9 million in fiscal 2019. Adjusted net income was $264.0 million compared to $688.3 million in fiscal 2019.
Following a thorough succession planning process, the company announced leadership changes to drive continuity and continued momentum, all effective in June. Dave Kimbell, president, will succeed Mary Dillon as chief executive officer and will be nominated to stand for election to the company’s board of directors at the 2021 annual stockholders meeting. Dillon will transition to the role of executive chair of the board of directors. Kecia Steelman, currently chief store operations officer, will be elevated to the role of chief operating officer.
Fiscal 2020 Fourth Quarter Results Overview *Total net sales were $177.9 million, an increase of $5.4 million or 3.2%, compared to $172.5 million last year. Total comparable net sales, including both physical stores and e-commerce, increased by 2.5% compared to last year. *Operating income was $14.1 million, or 7.9% of net sales, compared to $8.5 million, or 4.9% of net sales, last year. The $5.6 million increase in operating income was primarily due to the combined impact of the factors noted above. Fiscal 2020 Full Year Results Overview *Total net sales were $531.3 million, a decrease of $88.0 million or 14.2%, compared to $619.3 million last year primarily as a result of the various periods of store closures, reduced store operating hours, and restrictions on customer traffic into physical stores resulting from the COVID-19 pandemic. *Operating loss was $(3.0) million, or (0.6)% of net sales, compared to operating income of $28.5 million, or 4.6% of net sales, last year. The decrease in operating results was primarily attributable to the impacts of the COVID-19 pandemic on the Company's business as noted above.
Stakeholders from around the world are invited to give feedback on the revised national forest certification system for Indonesia. Deadline for comments is 7 May. The Indonesian Forestry Certification Cooperation (IFCC), the PEFC national member for Indonesia, revised the country’s national forest certification system following the entry into force of the revised 2018 PEFC Sustainable Forest Management standard. The revised IFCC Forest Certification Scheme is one of the first national systems submitted to PEFC for endorsement that includes a Trees Outside Forests (TOF) standard. TOF certification was one of the innovative developments of the 2018 PEFC Sustainable Forest Management standard.
Amcor dual-chamber pouch secures Gold achievement award for technical innovation - The Amcor dual-chamber pouch is a specialty multi-chamber pouch with a breathable membrane separating the chambers. The innovative packaging format consists of a peelable device chamber and non-peelable desiccant chamber. The desiccant is kept separate from the device by a vented film allowing the headspace in the two chambers to equilibrate. This leading solution is ideal for moisture sensitive applications such as drug-coated products which may be adversely affected by ambient moisture content. The non-peelable chamber also can be used to house other scavenging technologies including oxygen. Versions of the Amcor dual -chamber pouch are available for both irradiation and ETO sterilization. Shield Pack® clear high-barrier aseptic IBC liner garners Gold achievement award for technical innovation - Amcor’s innovative designers were faced with a challenge: The up-to-300 gallons of aseptic product within a bulk package could not be examined until dispensing occurred due to the bulk package’s metallized structure. Providing extended shelf life and a high barrier were key, while also targeting the clarity manufacturers want. Shield Pack® clear high-barrier aseptic IBC liner provides clarity and durability that distribution demands, while the multi-layer structure safeguards against moisture, oxygen and environmental contamination. This exciting technology extends distribution range, reduces transit failures, improves product quality and color, all while delivering other important attributes, including extended shelf-life, durability and the clear packaging format manufacturers want.
Fourth Quarter 2020 Highlights (as compared to fourth quarter 2019): • Revenue increased 18% to $344.1 million primarily due to an increase in volume/mix primarily driven by increased demand in products with significant e-commerce or building and construction end-market exposure, including wateractivated tapes, protective packaging, and certain other tape products. • Net earnings attributable to the Company's shareholders ("IPG Net Earnings") increased $5.5 million to $17.1 million primarily due to an increase in gross profit, partially offset by increases in SG&A and income tax expense. Fiscal Year 2020 Highlights (as compared to fiscal year 2019): • Revenue increased 4.7% to $1,213.0 million primarily due to an increase in volume/mix primarily driven by increased demand in products with significant e-commerce or building and construction end-market exposure, including wateractivated tapes, protective packaging, and certain other tape products. • IPG Net Earnings increased $31.5 million to $72.7 million primarily due to an increase in gross profit and a gain resulting from a fair value adjustment to the Company's contingent consideration related to the Nortech Acquisition(2) , partially offset by an increase in SG&A.
Ahlstrom-Munksjö has established a viable partnership with Italian filter producer Virgis S.P.A for the distribution of an innovative HEPA filtration solution produced by Webasto. The innovative solution makes indoor environments safer against COVID-19 as well as other viral and bacterial organisms. The launch of the high-efficiency particulate air filter (HEPA) devices HFT300 and HFT600 in Europe in 2020 has rapidly met the demand for increased protection in vehicles and buildings. The main purpose of these filter devices is to protect the passengers and the operators in emergency vehicles, school buses and public transportation vehicles. The first units were primarily installed in ambulances in Germany and the U.S., as well as in public buses in the Netherlands and school buses in the U.S. The promotion of this innovative solution for private sectors such as offices, restaurants and museums has also started.
National Average Price for Regular Unleaded Current: $2.838; Month Ago: $2.500; Year Ago: $2.325. National Average Price for Diesel Current: $3.056; Month Ago: $2.740; Year Ago: $2.783
American Dollar to Canadian Dollar = 0.796574; American Dollar to Chinese Yuan = 0.153708; American Dollar to Euro = 1.192946; American Dollar to Japanese Yen = 0.009168; American Dollar to Mexican Peso = 0.048030.
From building trust with your customers to providing that feeling of excitement when opening the mailbox, here is a list of our top 10 advantages and benefits of direct mail marketing. Marketing is complex and marketing is evolving: Display, Social, Mobile, SMS, MMS, Personalized TV. However, some of the best results tied to improving brand awareness, customer retention and overall sales come from tried and true strategies such as direct mail. Here is a list of our top 10 advantages and benefits of direct mail marketing. Mail Remains Physical; People Enjoy Receiving Mail; Direct Mail Benefits from being Cost Effective; Personalized Data-Driven Marketing Benefits; Direct Marketing is a Multichannel Experience; Build Effective Brand Trust with Direct Mail; Direct Mail is Easy; Simplicity of Execution in Direct Mail Marketing; More Chances to be Creative
PEFC notes the concerns voiced by Greenpeace in a recent report, namely that ‘[c]ertification on its own has not helped companies meet their 2020 commitments to exclude deforestation from their supply chains’ and cautions that certification was never designed – and never claimed – to do so on its own. “Forest certification is an important part of the toolbox needed to stop deforestation, protect biodiversity, safeguard livelihoods, and provide society with wood as a sustainable, renewable raw material,” said Ben Gunneberg, CEO of PEFC International. “Forest certification is not designed to solve issues like deforestation by itself. This is because many of the factors causing deforestation are outside forestry, such as the demand for land for agricultural production. We need to employ multiple tools, ensure the support of all stakeholders, and work collaboratively to achieve our common objective: safeguarding our forests,” added Mr Gunneberg.
American Trucking Associations applauded the introduction of the DRIVE Safe Act in both the U.S. House and Senate by a group of bipartisan legislators. The legislation addresses the economy’s growing shortage of professional truck drivers by expanding job opportunities for younger members of the trucking workforce, while also strengthening safety training and technology safeguards for select candidates looking to participate in interstate commerce early in their careers. While 49 states permit individuals to obtain a commercial driver’s license and operate large commercial vehicles before they turn 21, federal regulations prohibit those same drivers from crossing state lines until they turn 21. These restrictions bar a vital population of job seekers from interstate trucking, exacerbating the driver shortage as qualified candidates are lost to other industries. The DRIVE Safe Act would allow certified CDL holders already permitted to drive intrastate the opportunity to participate in a rigorous apprenticeship program designed to help them master interstate driving, while also promoting enhanced safety training for emerging members of the workforce.
Pregis announces its new film converting facility in Elkhorn, Wisconsin, and new machinery assembly facility in Germantown, Wisconsin to meet growing e-commerce demands for its Sharp Packaging Systems® by Pregis brand of poly bagging solutions. Production has been moved from nearby East Troy, doubling the number of converting lines. The facility converts multilayer coextruded polyethylene film (which has been blown at its Sussex, Wisconsin facility), into pre-opened bags supplied on a roll or in a box. The bags are used with Sharp Packaging bagging equipment at fulfillment centers to package and ship a broad variety of soft goods, pharma/nutraceuticals, and other non-fragile products. The high-output equipment only requires a small number of operators, enabling packers to social distance. To support the increased demand for equipment, Pregis is also moving its equipment assembly operations from the current Sussex, Wisconsin facility to a new location in Germantown, Wisconsin in Q2. This move enables more efficient assembly layout, double the production space to support current and future growth, and allows additional space for further expansion of its poly converting capacity at the current Sussex facility.
KPLP Q4 2020 Business and Financial Highlights • Revenue was $385.0 million in Q4 2020 compared to $348.1 million in Q4 2019, an increase of $36.9 million or 10.6%. • Adjusted EBITDA was $36.2 million in Q4 2020, including $4.5 million of TAD Sherbrooke start-up costs, compared to $46.0 million in Q4 2019, a decrease of 21.3%. • Successful start-up of new TAD Sherbrooke paper machine, project completed on time and on budget. • Announced the $240 million Sherbrooke Expansion Project. • Declared a quarterly dividend of $0.18 per share to be paid on April 15, 2021. KPLP Full Year 2020 Business and Financial Highlights • Revenue was $1,516.0 million in 2020 compared to $1,357.2 million excluding the divested Mexico business in 2019, an increase of $158.8 million or 11.7%. • Adjusted EBITDA was $197.8 million in 2020, up from $145.0 million in 2019, an increase of 36.4%.
Efforts to reduce water use, use energy efficiently and streamline resources used to ship products across the U.S. earned employees and GP facilities a variety of awards from the EPA. Georgia-Pacific facilities received several awards and certifications, including the ENERGY STAR® Top Project for 2020, an ENERGY STAR® Certification, the SmartWay Excellence Award and a 2020 Energy Star Challenge Achiever for Industry by the EPA. Georgia-Pacific’s Brewton Containerboard mill has been named a 2020 Energy Star Challenge Achiever for Industry by the United States Environmental Protection Agency (EPA), a program developed by the agency to recognize individual facilities for volunteering to reduce energy intensity by 10% within five years.
Expected to start up by the end of 2022, our state-of-the-art biochemicals biorefinery in Leuna, Germany, will produce a range of 100% wood-based biochemicals that enable a switch from fossil-based products to sustainable alternatives in a number of end-uses such as plastics, textiles, cosmetics, and industrial applications. The Leuna plant will use hardwood trees native to Germany, where the share of mixed forests has increased, as they are more resilient to the effects of climate change and help to maintain biodiversity. According to Andreas Meggendorfer, Senior Manager Sourcing and Supply Chain Biochemicals at UPM, the new business will now be able to find use cases for hardwood, where industrial applications have so far been limited.
Toshiba and UPM Raflatac are pleased to announce they have entered into a European-wide collaboration. By joining forces, the companies are creating a compelling linerless print solution with Toshiba’s latest linerless printer technology and UPM Raflatac’s high performance linerless OptiCut™ label portfolio. Through this collaboration, Toshiba and UPM Raflatac will provide a ready-to-use solution for linerless printing. Their customers can now take advantage of the tested and approved combination of Toshiba’s BV420D-GL linerless printer and UPM Raflatac’s OptiCut linerless label material to have a perfectly matched printing experience. With e-commerce being one of the fastest-growing sectors, the need for efficient and reliable processes to ensure all shipments are labeled correctly is increasing. The Toshiba-UPM Raflatac collaboration brings together deep technological know-how and expertise that support clients by creating sophisticated print applications for them.
Based in the Kansas City suburb of New Century, Kansas, Stouse is a trade-only specialty print provider. It supplies applications such as labels, decals, magnets and signs to promotional products distributors, commercial printers and marketing and advertising agencies. The company opened its doors as a screen and flexographic printer in 1977 and has since grown into a market leader with 40+ years of consistent sales growth. At any point in time, there are some 3,000 active jobs in the shop. The Xeikon 3500 is a proven performer in the Xeikon solution line-up as a wide web press for packaging, producing output as wide as 20.3 inches (516 mm) with a resolution of 1200 dots per inch (dpi). It can print on an exceptionally wide range of substrates without pre-coating/treatment. With no frame limitation, folding cartons can be run without concern for length restrictions.
Ah, the age old practice of letter writing. If you're a fan of putting pen to page, there's also a good chance you also enjoy sending postcards home whenever you travel. It might be a while before you can send postcards from far off places again, but that doesn't mean you can't keep in touch with friends and family via snail mail in the meantime, as many us remain separated by the pandemic. With that, I'm here to sing the praises of sending your loved ones postcards and greeting cards, both the artistic and the playful, whether it's to celebrate an occasion or just because. And luckily, there's no shortage of beautiful cards available to buy online. Although the pandemic has been lonely at times, it has inspired me to send more mail. In fact, I'd say that one of the best things I've done during the pandemic is starting to write to a pen pal. These days, the excitement of opening my mailbox to find a letter from a friend or note from my pen pal brings me joy in ways I might not have appreciated pre-pandemic.
Resolute Forest Products Inc. announced its commitment to reduce absolute greenhouse gas (GHG) emissions (scope 1 and 2) by 30% against 2015 levels by 2025. This new target builds on the company's 83% reduction in absolute GHG emissions from year-2000 levels, two-thirds of which reflect reductions in emission intensity. By achieving its target, the company will have reduced its emissions by nearly 700,000 metric tons of CO2 equivalents per year compared to its 2015 level. Some of the more recent projects on which the company is relying to achieve its commitment include: *an efficiency enhancement at the Saint-Félicien (Quebec) pulp mill to improve production capacity and reduce fossil-fuel use by up to 20%; *a modernization of the cogeneration turbine at the Coosa Pines (Alabama) pulp mill to reduce purchased electricity use by 6%; and *the installation of a sophisticated heat recovery unit at the Thunder Bay (Ontario) pulp and paper mill to recover waste heat and, as a result, decrease the use of fossil fuels by over 20%.
Huhtamaki Flexible Packaging Europe now offers three different tube laminate structures, for use in oral care and cosmetic products, which have been certified to be fully recyclable. The Huhtamaki team, together with partners Plastuni Lisses, member of the Somater Group, and Zalesi, have developed polyethylene (PE) based tubes that have been certified as fully recyclable within the high-density polyethylene (HDPE) container stream by RecyClass, the cross-industry initiative that works to advance plastic packaging recyclability and to establish a harmonized approach towards recycled content calculation and traceability in Europe. “The new recyclable blueloop laminates are a perfect example of effectively implementing sustainable design principles and contributing to the development of the circular economy,” says Jens Pilzecker, Head of Global Tube Laminates at Huhtamaki’s Flexible Packaging segment. “With these laminate structures we help our customers take a big step forward in addressing their sustainability targets as they can now package products in fully recyclable high-barrier tubes. In addition, this innovation is in line with our target of designing 100% of our products to be recyclable, compostable or reusable by 2030.”
UPM Biomedicals is excited to announce its collaboration with bioconvergence company CELLINK. The partnership brings together UPM’s expertise for producing non-animal derived, nanocellulose biomaterials with CELLINK’s years of experience in method development for 3D bioprinting, offering new groundbreaking solutions to this growing life sciences market. Advances in 3D printing in the past decade have been outstanding, and the technology is becoming more widely used for various cutting-edge applications. 3D bioprinting is already important in areas such as cancer research, where tumour models can be printed to test their response to different treatments. More recently scientists have been exploring the use of this technology in a clinical setting, with the possibility of printing tissues or organs that can then be transplanted into patients. Using non-animal derived raw materials, such as UPM’s nanofibrillar cellulose, for bio-ink formulations makes transplants into humans much more effective, reducing the possibility of an immune response or rejection.
Kohl’s Corporation released an updated investor presentation detailing progress on its strategy and initiatives to drive continued momentum. The presentation also provides an overview of the capabilities and skills of the Kohl’s Board of Directors and a comparison to the slate put forward by Macellum Advisors GP, LLC, Legion Partners Holdings, LLC, Ancora Advisors, LLC, and 4010 Capital, LLC which seek control of Kohl’s. Highlights of the presentation include: Well-positioned in a retail industry undergoing profound change: *Kohl’s strengthened its financial and competitive position during a period of profound change in the retail industry. *The Company’s investments in omnichannel and operations helped Kohl’s successfully navigate the pandemic. *Kohl’s continues to actively and thoughtfully strengthen its foundation to differentiate itself and support future growth.
Barnes & Noble Education continues to face tough times due to the pandemic, with the significantly reduced number of students on campus colleges leading to lower sales at its stores. The company reported sales for the third quarter ended December 31, 2020, of $411.6 million, down 18.1% compared to the previous year. The company saw a net loss of $48.3 million, up dramatically from a net loss of $1.7 million in the same period in 2019. In retail, the company's largest division, sales in the third quarter dropped to $70.3 million, down 15.5% compared with the prior year. Comparable store sales fell 19.9% for the quarter, with comparable textbook sales declining 8.1% and merchandise down 45.8%. Sales in the wholesale division were $39.5 million for the quarter, down 41.1% compared with the previous year.
The Vietnam Forest Certification Office (VFCO) is our latest member that has achieved PEFC endorsement of its national forest certification system. “Realising that our national standards meet and even exceed the global sustainability benchmark in sustainable forest management strengthens our belief that we are on the right track to build an accessible national forest certification system. PEFC endorsement has recognized all our national collective efforts,” said Dr. Nguyen Quoc Tri, Director General of the Vietnam Administration Forest. The certification of 12,000 hectares of Acacia and Rubber plantation by VFCS before the endorsement by PEFC has shown the substantial determination of Vietnamese stakeholders to make the national system work.
Atlantic Packaging is proud to announce that they have joined the Alliance to End Plastic Waste (the Alliance), a non-profit organization committed to ending plastic waste in the environment. In their capacity as an Alliance member, Atlantic will be collaborating with over 80 member companies, project partners, allies and supporters around the world to address this global issue. The Alliance’s mission is to develop, accelerate and deploy innovative and impactful solutions, engage communities around the world, and to catalyze investments.
Smurfit Kappa has approved transformational investment plans for its Mold plant in North Wales, that will further expand capacity at the facility, make it the largest box factory in the UK and allow the company to meet the growing demand for sustainable packaging. The investment in state-of-the-art equipment will reduce CO2 per tonne emissions by 15% at the plant. Commenting on the announcement, Smurfit Kappa UK and Ireland CEO, Eddie Fellows, said, “This investment in North Wales will increase our capability, flexibility and speed of response to deliver unrivalled, innovative packaging solutions to customers across the UK and Ireland. We are determined to meet the future needs of our customers in a sustainable way. It is vital that our investment has benefits for the local community and the environment.”
Supremex Inc. announces the bolt-on acquisition of Vista Graphic Communications, LLC, an Indianapolis, Indiana based provider of print and folding carton packaging. “This turn-key operation brings us closer to our growing e-commerce customer base in the U.S. and provides us with much needed print and converting capacity to meet existing and growing demand for our customized patent-protected e-commerce packaging solutions,” said Stewart Emerson, President & CEO of Supremex. “Vista is strategically located, employs a skilled workforce, and with modest planned equipment additions we can quickly build a fully-integrated e-commerce packaging hub.” Vista Graphic Communications, LLC is a printing and packaging solutions manufacturer focused on highly customized folding cartons and micro flute packaging. The Company was founded by Tim Rolfsen in 1985, runs two full production lines, including 40” litho presses, die-cutting and gluing, and serves clients primarily in the medical, dental and publishing markets.
Solenis will increase prices by 10 to 15 percent on all polyacrylamide polymers, coagulants and retention aids across the EMEA region, effective immediately, or as customer contracts allow. Originally announced last month, Solenis readjusted the price increase and also included coagulants to the list of products affected. The increase is necessary due to the major impact on key feedstock costs, and also from raw material shortages that are tighter than anticipated.
Catalogs are a tried-and-true instrument in a marketer’s toolbox delivering an in-depth product experience right to any home or office door. With the rise of the digital age, many thought that e-commerce would supplant catalogs, but the opposite has been true. Catalogs continue to hold their own as a marketing channel operating steadily alongside its digital brethren. Catalogs originated as a method to communicate product availability and highlight new goods. Now a company’s website functions in the same capacity and in real-time. Catalogs of today have evolved to serve as a means of inspiration, allowing consumers to visualize products in real-life situations with thoughtful detail and narratives. They also allow brands more room to tell their story and gain consumer trust. This can occur because, unlike the more frenzied pace of online shopping, catalog readers spend between 15 minutes to 30 minutes turning the pages and catalogs are retained for several weeks as a reminder to place an order, shop online, or visit a store. The staying power of catalogs owes itself in part to online shopping, as the two have formed a symbiotic relationship. A printed catalog allows companies to bridge the physical and digital marketing space that can still be targeted and measured.
Following the successful acquisition of InnerWorkings in October 2020, HH Global is poised to deliver the next phase of growth. As such today Robert MacMillan announced the new executive leadership team effective from 1 April 2021: Board of Directors: Robert MacMillan as Executive Chairman; Mike Perez as Group CEO; Edward Parsons as Chief of Staff to the Chairman; Kristian Elgey as Interim Group CFO and Chief Commercial Officer; Steve Nunn and Craig Bingon as Non-Executive Directors. In addition, Raphael de Botton and Amer Khatoun - representatives from investor partners Blackstone - continue to sit on the Board of Directors. Group Management Board: Alan Bittle as Regional CEO, APAC; Nadia Pelekanos as Regional CEO, Central Europe, India, Middle East & Africa; Michael Keen as Regional CEO, Europe; Scott Martin as Regional CEO, Americas; Helen Babbe as Chief of Staff to the CEO; Kristian Elgey as Interim CFO and Chief Commercial Officer; Jason Hanavan as CFO, Americas; Lee Humphreys as CEO of Digital; Kevin Dunckley as Chief Sustainability Officer.
The Sustainable Forestry Initiative (SFI) submitted their forest certification system to PEFC for re-endorsement earlier this month. The public consultation, which is your chance to give your feedback on this revised system, will run from 12 March to 11 May 2021. SFI, a PEFC national member in North America, revised their forest certification system, which covers both the United States (USA) and Canada, following the entry into force of the revised 2018 PEFC Sustainable Forest Management standard. To provide you with additional information about this revised system, we are holding a webinar on 22 March, at 14:00 CET. The webinar is free to attend, and everyone is welcome.
Amcor and the Alliance share the belief that collaboration and collective action are critical to eliminating plastic waste. Alliance membership also aligns with Amcor’s 2025 Sustainability Pledge to develop all its packaging to be recyclable or reusable by 2025.This new partnership is the latest example of Amcor’s commitment to better waste management and recycling infrastructure. Ron Delia, Amcor CEO, said, “Amcor’s extensive innovation capabilities are delivering packaging designed to achieve the commitment to make all our packaging recyclable or reusable by 2025. But keeping waste out of the environment also requires collaboration across the global value chain for better waste management and recycling infrastructure, and to educate consumers. AEPW serves as a crucial forum for that collaborative effort across parties aligned on the need to deliver more sustainable outcomes. I am excited that Amcor is taking up this leadership role within the Alliance and we look forward to working with the other Alliance members to advance on our shared ambitions for responsible packaging.”
Books endure. We discard newspapers the day after, magazines stick around a bit longer, junk mail not at all, but books we keep. After we read a book, we shelve them, we show off our book collection as backdrops in our Zoom calls, we stack books in corners, we store them in boxes, we might drop them off at a used bookstore, we might even make books into works of art, but we almost never just toss them out. Printed books endure. Book printing company Grafica Veneta, located in the Italian province of Padua, a half hour drive from the causeway to Venice, announced the acquisition of a majority ownership stake in Lake Book Manufacturing. The acquired company is close by Chicago’s O’Hare airport, likely an enabling factor in the decision by an Italian book manufacturer to invest in a US-based partner. The owner of Lake Book, Dan Genovese, noted that his family’s Italian heritage also played a part in the decision to seek and accept an international investment in the company, especially one based in Italy. Both companies are positioned to manufacture a wide range of book products for the publishing trade, with capabilities ranging from one-color to full-color text, paperback and hardcover editions, along with fully decorated book jackets.
The company confirmed that it plans to restart Number 11 Paper Machine at Catalyst Powell River, on or around May 1st. Paper Excellence says this restart reflects the recent recovery in global paper markets and its “long-term commitment to the Powell River facility.” A total of 200 jobs will return with the startup of the paper machine. The machine was curtailed last spring after an external malware attack, and the COVID-19 pandemic simultaneously impacted the mill’s paper production as well as global paper demand.
In 2020, sales decreased by £472m in headline terms to £3,397m (2019: £3,869m) with underlying performance reducing sales by £386m, portfolio changes reducing sales by £55m and currency movements decreasing revenue by £31m. Stripping out the impact of portfolio and currency movements, revenue was down 10% in underlying terms. Our statutory operating profit was £411m in 2020 compared to a profit of £275m in 2019. The increase in 2020 is largely due to the gain on sale of PRH and the reduction in restructuring costs, which were more than enough to offset the impact of COVID-19 and portfolio changes on trading profits. Net debt to adjusted EBITDA was 0.8x (2019: 1.3x). Net debt reduced from £1,016m in 2019 to £463m at the end of 2020. Excluding leases, net debt reduced from £374m in 2019 to net cash of £159m in 2020.
Powell River’s paper mill is scheduled to resume production in May, according to mayor Dave Formosa. Speaking at the city council meeting on March 4, Formosa said he wanted to announce that the Catalyst Paper Corporation mill in Powell River will be starting up one paper machine. “We’re looking for that to happen in May,” said Formosa. “They are anticipating four- to six-week lead time so certain workers will be called back to the operation to start getting the facility ready to fire up one machine. “They will be making a new product that has not been made here before. It’s a brown, heavy paper that will line boxes, so it’s a box liner, which happens to have a good market. That’s good news.” Formosa said the mill is hoping to start up a second machine once it gets enough orders for the thermo-mechanical pulp (TMP) operation. He said that is where the mill would take pulp from the TMP operation, dry it on the paper machines onto rolls, and then sell it into Asia as a raw material.
FedEx Corp. announced an ambitious goal to achieve carbon-neutral operations globally by 2040. Key steps toward reaching the carbon neutral goal include: • Vehicle Electrification. By 2040, the entire FedEx parcel pickup and delivery (PUD) fleet will be zero-emission electric vehicles. • Sustainable Customer Solutions. FedEx will work with customers to offer end-to-end sustainability for their supply chains through carbon-neutral shipping offerings and sustainable packaging solutions. • Sustainable Fuels. FedEx will continue to invest in alternative fuels to reduce aircraft and vehicle emissions. • Fuel Conservation and Aircraft Modernization. FedEx will build on its successful FedEx Fuel Sense initiatives designed to reduce fuel consumption in its aircraft.
Tribune Publishing Company, which is now in the process of being acquired by Alden Global Capital, increased its digital revenue by 57%, or $16.5 million, in 2020 YoY, and the number of its digital-only subscribers by 30.5% to 436,000. But those gains only partly offset an overall revenue decline to $746 million, versus $945 million in 2019, and a loss from continuing operations of $46.8 million, up from $7.1 million in the prior year, according to financial results released on Thursday. The overall hit was also mitigated, in part, by a 14.5% reduction in operating expenses, or $138.1 million.
Paper-based packaging leader, Graphic Packaging International emphasizes its commitment to supporting beverage brands on their plastics reduction journey with its latest recyclable paperboard packaging solution, Cap-ItTM. Cap-It is an innovative clip with neck rings for multipack polyethylene terephthalate (PET) or recycled (rPET) bottles. The paperboard clip, made of renewable materials, is an alternative to traditional shrink film packaging, increasing overall pack recyclability to 100 percent.
A successful digital-first brand from Hearst that has seen immeasurable growth with not only its website, but its printed bookazines and cookbooks, Delish.com is launching a quarterly print magazine. Delish in print will be sold at the newsstands, but will also be an integral part of the subscription model the brand has in place for its online footprint. An all-access subscription of $20 annually will not only get you everything online, but also the 96 page (plus covers) printed magazine as part of the memebership. Dan Fuchs, formerly of HGTV magazine and O, The Oprah Magazine, is the VP/Chief Revenue Officer of the new quarterly print publication. I spoke with Dan recently and we talked about this exciting new venture into the world of print for a digital-only entity. Dan said it’s an exhilarating time for a brand that has been successful online and in the world of print, with its special bookazines and cookbooks, to have a quarterly magazine coming out in print. Opportunities and more growth will surely follow. And with Editorial Director, Joanna Saltz, as his partner, Dan is looking forward to the future of Delish in all its exciting extensions.
Net sales for the quarter increased 14.7 percent, to $43.89 billion, from $38.26 billion last year. Net sales for the first 24 weeks increased 15.8 percent, to $86.23 billion, from $74.49 billion last year. Net income for the quarter was $951 million, or $2.14 per diluted share, which includes $246 million pretax, or $0.41 per diluted share, in costs incurred primarily from COVID-19 premium wages. Last year’s second quarter net income was $931 million, or $2.10 per diluted share. Net income for the first 24 weeks was $2.12 billion, or $4.76 per diluted share, compared to $1.77 billion, or $4.00 per diluted share, last year. For the four-week reporting month of February, ended February 28, 2021, the Company reported net sales of $14.05 billion, an increase of 15.2 percent from $12.20 billion last year. For the twenty-six week period ended February 28, 2021, net sales were $93.16 billion, an increase of 15.4 percent from $80.76 billion last year.
*Research Publishing & Platforms rose 3% as reported and 1% at constant currency, with strong growth in open access and inorganic contributions from acquisitions offsetting anticipated subscription revenue pressure. *Academic & Professional Learning declined 2% as reported and 4% at constant currency mainly due to COVID-19 impact on test prep and in-person corporate training, and a decline in print book revenue, which offset continued growth in digital content and courseware. *Education Services increased 25% as reported and 24% at constant currency, driven by organic revenue growth of 13% from strong online enrollment and new student starts, and the two-month inorganic contribution from mthree (+$8 million). *GAAP EPS of $0.39 declined from $0.63 in the prior year, reflecting restructuring charges of $0.28 per share, primarily related to a previously disclosed reduction in Wiley’s real estate footprint.
Driven by strong backlist sales, unit sales of print books rose 26% last week over the week ended February 29, 2020, at outlets that report to NPD BookScan. It was the largest week-over-week gain compared to 2020 so far this year, helping unit sales finish the first two months of 2021 with a 21.2% increase over the first two months of 2020. Last week’s 26% increase was accomplished without the release of a major new hit. The top-selling new book last week was Believe It by Jamie Kern Lima, which sold 29,000 copies, landing it in third place on the overall bestseller list. The top title last week was Charlie Mackesy’s The Boy, the Mole, the Fox, and the Horse, published in October 2019, which had a huge sales spike in the week, selling nearly 97,000 copies.
FSC and PEFC are different forest certification schemes and there are some forest areas around the world that choose to hold both types of certification. For this reason, FSC and PEFC agreed in 2016 to publish mutually approved estimates of forest area certified under both schemes on a yearly basis for statistical purposes. According to the latest data from mid-2020, forest area holding both FSC and PEFC/PEFC-endorsed certification is approximately 95 million hectares, an increase of 3% since mid-2019. Please note that the data include only the forest area certified by FSC or PEFC-endorsed systems from 2016 to 2020, excluding any other schemes. The list includes only countries where forest area is certified under both schemes and the data should be regarded as best estimates.
DWC Prints 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. “We welcome DWC Prints to our Two Sides network. As a print brokerage service, they help us reach many print buyers who often need the facts about the great sustainability story of print and paper. Small to medium-sized businesses such as DWC Prints are a key part of our network and our education efforts,” said Phil Riebel, Two Sides North America President.
Berry Global Group, Inc. released its 2020 Impact Report and GRI Index against its Impact 2025 strategy. In addition to this year’s report, Berry has increased its sustainability transparency by adding a comprehensive Environmental, Social, and Governance (ESG) Appendix, Sustainability Accounting Standards Board Response (SASB), and document aligning to the United Nations Sustainable Development Goals (UNSDG). Throughout the report, Berry spotlights its sustainability achievements from its 2020 fiscal year. In step with Berry’s efforts and commitments to promote a more circular economy, the Company has invested heavily in increased access to recycled content and is helping its customers achieve the growing needs of their consumers. Through its success in package light-weighting, integration of post-consumer resin (PCR), design for circularity, and use of bio-resins, Berry continues to collaborate with customers to meet and exceed their sustainability goals. Notable highlights of progress regarding Berry’s environmental sustainability goals include: *Record percentage of PCR used *Secured access to 600 million pounds of PCR content by 2025 *Increased focus of lifecycle assessments *Announcement of closed loop program with Georgia-Pacific Recycling *Over 165,000 MWh of renewable energy purchased *Reduction in absolute water usage by two percent *ISCC Plus certification for seven sites in 2020, ensuring traceability of circular resins *Reduction of greenhouse gas emissions by seven percent
Designed for year-round use, including cold weather applications, REBEL® Removable multi-print media from Mactac® increases business opportunities for print service providers (PSPs). Rated for 32-degrees Fahrenheit and higher, Mactac’s REBEL Removable 500 series is known for its printability on multiple print platforms, including UV and solvent screen printing, solvent, eco-solvent and latex printing, UV inkjet and offset printing. It is available in bright white, matte, and clear finishes and comes with a 90# Superflat™ liner. It is ideal for point-of-purchase and promotional signage, decals, windows, indoor floor applications and more, and has a 2-year removability after application on most surfaces. The series’ high-performance films, including the popular matte white RB528R, offer 99-percent opacity built into the facestock, eliminating pigment interference to ensure pure adhesion to the application substrate.
R.R. Donnelley & Sons Company announced a suite of 3D solutions to help manufacturers and retailers create rich user experiences and accelerate go-to-market speed. Designed to leverage the power of emerging technologies, such as 5G and spatial web for the Internet of Everything (IoE), RRD’s end-to-end 3D suite features modeling, animation, rendering, and interactive experiences, which enables simulations and digital prototyping that maximize the potential of augmented reality (AR) and mixed reality (MR). RRD’s 3D solutions enable benefits in multiple areas, such as: *Simulating the in-store shopping experience: 3D solutions can help bridge the gap between e-commerce and brick-and-mortar, especially when options are limited due to social distancing measures. RRD’s solution, coupled with our AR/VR capabilities, can help retailers create highly engaging and measurable immersive experiences. *Optimizing global supply chains: 3D can also help improve business processes and decrease time-to-market. For example, 3D renderings and digital prototyping can eliminate the need for product photography, which can result in major cost savings. These solutions can help product companies build “digital twins” of actual products to aid in planning go-to-market strategies. Simulated product and packaging testing can eliminate the need for large spending on physical prototypes. *Transforming e-learning: both product training and standard operating procedure training are readily transformed with RRD’s 3D suite. Immersive and interactive training improves output quality and contributes toward superior employee and customer experiences.
National Average Price for Regular Unleaded Current: $2.752; Month Ago: $2.456; Year Ago: $2.408. National Average Price for Diesel Current: $2.974; Month Ago: $2.677; Year Ago: $2.836
American Dollar to Canadian Dollar = 0.787250; American Dollar to Chinese Yuan = 0.154088; American Dollar to Euro = 1.193914; American Dollar to Japanese Yen = 0.009233; American Dollar to Mexican Peso = 0.047112.
With ecommerce reaching its largest ever share of total retail sales in 2020 and continuing to grow, attention to the types of packaging used for product returns also is increasing as brands, retailers and others across the supply chain seek reverse logistics solutions that contribute to a more sustainable, circular economy. Regardless of whether businesses provide return packaging as a customer service, allow in-store or other local return options that enable bulk return shipping or encourage customers to repackage returns themselves, the sustainability of the packaging material itself comes down to three basic questions: What is it made of, how is it made and what happens to it once shipping is complete? When we rely on verifiable data rather than unsubstantiated claims to answer these questions, paper-based packaging made in North America stands out as a sound environmental choice. One of the most frequent unsupported claims about corrugated cardboard and other paper-based packaging is that its use causes deforestation and destroys forests, but the data tell a different story. Read more at: https://twosidesna.org/US/11284/?utm_medium=email&utm_campaign=TSNA%20Paper-based%20Packaging%20A%20Natural%20Fit%20for%20a%20Circular%20Economy&utm_content=TSNA%20Paper-based%20Packaging%20A%20Natural%20Fit%20for%20a%20Circular%20Economy+CID_7b766573e907bbbd657c0a1a33192166&utm_source=Email%20marketing%20software&utm_term=READ%20MORE
UPM, Arla Finland and K Group have teamed up with Oppi&ilo to create Finland’s first educational activity book designed to teach Finland’s 60,000 preschoolers about recycling. The Kierrätyskaverit (“Recycling friends”) activity book aims to make recycling a fun, easy and inspiring part of their daily lives. The 32-page book is distributed free of charge, containing a variety of creative tasks to inspire preschoolers to discover the secrets of recycling and the circular economy. Four tips for teaching children about recycling 1. Explore together: What kind of different packages can you find at home? What kind of recycling instructions are there on the labels? 2. How should you sort your afternoon snack waste? Check the wastebin after you snack and sort the trash correctly. 3. Could you reduce your water consumption? Think together: How much water do you consume – and why? 4. Head out for a trip into nature. What do you see there? Can you find something that does not belong there?
Postmaster General and CEO Louis DeJoy today provided details of the next phase of organizational changes he first announced in August 2020, designed to improve efficiency, drive success and better serve Postal Service customers. The next phase of these organizational changes includes the following: *District Consolidation Plan: The existing 67 Postal Service Districts will be consolidated to 50 Districts. New District territories will closely align to state boundaries. *Centralization of Marketing functions: The Marketing functions previously performed at the Area and District levels will be centralized into the Chief Customer and Marketing organization, including Consumer and Industry Affairs and the Bulk Mail Entry Units (BMEUs). *Realignment of Logistics and Processing Operations: To ensure alignment with Retail and Delivery Operations, and Logistics and Processing Operations, a thirteenth division will be created. Processing operations is organized into 2 regions, each geographically aligned with two retail and delivery areas; and divided into 6 or 7 divisions for a total of 13 divisions.
Stakeholders from around the world are invited to give feedback on the revised national forest certification system for China. Deadline for comments is 30 April. Give your feedback now! The China Forest Certification Council (CFCC), the PEFC national member for China, revised the country’s national forest certification system following the entry into force of the revised 2018 PEFC Sustainable Forest Management standard. The revised China Forest Certification Scheme is also the first national system submitted to PEFC for endorsement that includes a Trees Outside Forests (TOF) standard. TOF certification was one of the innovative developments of the 2018 PEFC Sustainable Forest Management standard.
Amcor has partnered with McKinsey.org, a nonprofit founded by global consultancy McKinsey & Company, to develop recycling and waste management solutions that can be applied across communities in Latin America. Amcor is supporting McKinsey.org’s “Rethinking Recycling” initiative in Buenos Aires, Argentina, which has worked with 5,000 households, trained more than 120 workers and helped communities to recycle a third of their waste. Before the initiative, there was no formal recycling system and only a minority of the population regularly sorted their waste. The project aligns with Amcor’s 2025 Sustainability Pledge and commitment to collaborate with partners globally to promote better waste management and recycling infrastructure.
Arrow Systems, Inc. has announced a partnership with Sihl Group to pair the Arrowjet Aqua 330R with the Sihl ARTYSIO line of flexible packaging materials. This partnership allows customers looking for ways to digitally print and pack flexible packaging inline in a single production step up to 12.75’’ wide with water based, pigment inkjet. “We feel that the flexible packaging space is one that has enormous growth potential," says Shaan Patel of Arrow Systems, Inc. “We understand that the majority of customers in this space are currently outsourcing their flexible packaging needs because, in the past it has been too costly or difficult to produce them in-house. We believe that the combination of the Sihl materials with our pigment inkjet press will allow more customers to begin producing their own short run flexible packaging.”
Although Bag-in-Box is already a very sustainable packaging, by enabling considerable plastic and CO2 reduction, Smurfit Kappa is continuing to focus effort on raw material innovations, especially by incorporating recycled or bio-based resins to our taps and bags, where the food safety regulations allow it. One of the main steps of this initiative has been recently achieved with the ISCC PLUS certification. The Vitop facility in Alessandria, Italy, that produces the best-selling Vitop® original taps for Bag-in-Box is proud to be the first plant in the Bag-in-Box industry to be ISCC Plus certified. The certification recognises that Vitop’s industrial processes and standards comply with the chain of custody of these bio-based and recycled resins. ISCC is a globally applicable sustainability certification system and covers all sustainable feedstocks, including bio-based and recycled resins and plastic packaging.
Konica Business Solutions U.S.A., Inc. announced leadership changes to support the company’s internal and customer-focused digital transformation strategy. The changes are designed to augment its Digital Experience-as-a-Service (DX-as-a-Service) and Internet of Things (IoT) strategy to add continuous value to its clients and dealer partners. Patrick Banno, currently the Head of the IoT Business Center in the U.S., will lead the North American business as President and CEO. He is replacing Rick Taylor, who will progress to serve in an independent advisory role to ensure a seamless continuation of the company’s strategies. Sam Errigo, currently serving as Executive Vice President, Sales and Business Development, has been promoted to Chief Operating Officer. Sam will lead the company’s strategy for operational excellence while enhancing digital agility to support a dynamically changing business environment and expansion into new markets.
Mittera has announced its acquisition of select business assets of Creel Printing currently operating in Las Vegas, Nevada. Creel, originally a third-generation family printer founded in 1953, was recently returned to the Creel family after being purchased by LSC in July 2017. Customers of Creel printing will gain access to Mittera’s expanded platform of web, digital and sheetfed printing capabilities, as well as digital, creative, and integrated marketing solution services. “As our industry continues to change, it is critical that print companies continue to evolve to best serve their customers. Finding ways to join with former competitors to offer customers more valuable services with a smaller equipment footprint is the future of our industry. We are excited to partner with Allan and the Creel team to offer their clients a more diverse set of communication solutions while maintaining the exceptional levels of service that have made Creel one of the leaders in the print space for decades.” said Jon Troen, Chief Executive Officer of Mittera. Mittera’s capabilities span full-color web and sheetfed printing, variable digital production, large-format printing, integrated publishing and digital solutions, web-based storefronts, photography and design studio offerings, marketing and print automation, and more. Mittera currently operates in 13 states strategically located throughout the nation. Key members of the Creel team will join Mittera to ensure a seamless customer experience. The Creel production facility in Las Vegas is not being acquired and will be shut down in the coming months.
Urban Outfitters, Inc. announced net income of $29 million and $1 million for the three months and year ended January 31, 2021, respectively. Total Company net sales for the three months ended January 31, 2021, decreased 6.9% over the same period last year to $1.09 billion. Comparable Retail segment net sales decreased 7% due to negative retail store net sales as stronger conversion rates could not offset the reduced store traffic caused by the coronavirus pandemic and related occupancy restrictions. Lower store net sales were partially offset by strong double-digit growth in digital channel sales. By brand, comparable Retail segment net sales increased 6% at Free People and decreased 6% at Urban Outfitters and 11% at the Anthropologie Group. Wholesale segment net sales decreased 7%. For the year ended January 31, 2021, total Company net sales decreased 13.4% over the same period last year. Comparable Retail segment net sales decreased 11%, driven by negative retail store net sales due to mandated store closures as a result of the coronavirus pandemic and lower store productivity once opened, partially offset by strong double-digit growth in digital channel sales. Wholesale segment net sales decreased 40%.
Fourth Quarter Summary: •Total Company net sales decreased 20 percent compared with the same period in fiscal 2019, slightly exceeding Company expectations for a low-twenties percentage decrease. •Digital sales increased 24 percent compared with the same period in fiscal 2019 and represented 54 percent of the business. •Top performing merchandise categories included home, active and beauty. •For the Nordstrom brand, net sales decreased 19 percent compared with the same period in fiscal 2019. For the Nordstrom Rack brand, net sales decreased 23 percent. •Gross profit, as a percentage of net sales, of 33 percent decreased 160 basis points compared with the same period in fiscal 2019, primarily due to deleverage from lower sales volume and higher markdowns, partially offset by planned expense savings.
After a successful year of transformation in 2019, Zanders Paper posted a strong first quarter of 2020; then the coronavirus pandemic hit the global economy and led to a significant decline in sales of specialty papers for consumables. The various effects of this challenging situation could not be compensated completely by the German company despite the increased operating profitability and the fundamentally good set-up and positioning. Taking these circumstances into account, the Zanders Paper management has decided to carry out the continuation of the long-term restructuring of the company within the framework of insolvency proceedings and today filed an application to this effect with the competent district court in Cologne. This is done to protect the interests of all stakeholders including but not limited to the employees, creditors, customers and the City of Bergisch Gladbach. This gives Zanders Paper a breathing room to further rebuild and shape the company for the future. During the opening insolvency proceedings, which are expected to last two to three months, business operations will be continued by the insolvency administrator.
Fort Dearborn Company today announced that it has acquired Hammer Packaging Corporation. The combined organization takes advantage of Hammer’s state-of-the-art technology to enhance Fort Dearborn’s leadership position in the decorative label and packaging marketplace by further expanding the company’s geographic footprint, capacity and capabilities. With two facilities located in West Henrietta, NY and Rochester, NY, Hammer Packaging has a strong reputation for delivering innovation and quality product to a loyal and valued customer base. The combination will increase both companies’ capabilities to provide an even higher level of product and service offering to customers. The company’s product offering includes: cut & stack, in-mold, pressure sensitive, roll-fed, shrink and stretch sleeve labels as well as flexible packaging.
Smurfit Kappa is proud to announce that its support of and contribution to the UN 2030 Sustainable Development Goals (SDGs) has been recognised by Support the Goals. The company is the first FTSE 100 company to receive a five star rating. The SDGs are a universal call for action to end poverty, protect the planet and ensure that all people enjoy peace and prosperity by 2030. Agreed in 2015 by world leaders, these goals can only be achieved with the support of businesses. Support the Goals is a global initiative that was established to rate and recognise those businesses that support the SDGs to work towards a more sustainable future. A five star rating is only awarded to companies who are actively involving their suppliers in their efforts towards reaching these goals. For most businesses, a significant amount of their environmental and social impact comes from the supply chain, therefore it is vitally important to help suppliers understand and support the SDGs.
Sun Chemical has formed a Food and Nutrition Group. The recently formed group will extend existing Sun Chemical and DIC Corporation expertise in color and algae cultivation to provide coloring solutions and nutraceutical ingredients to the dietary supplement, food and beverage industries. The Food and Nutrition Group was developed as part of DIC Corporation’s vision of transforming portfolios to achieve continued future growth. The group will leverage Sun Chemical’s advanced research and development coloring expertise to support new product development initiatives for both natural and synthetic food color. The research and development team at DIC Corporation headquarters is actively working with venture capital groups in developing bio-based nutraceutical ingredients, and Sun Chemical is committed to grow the new business group and will make additional investments to accelerate its growth.
Building on the sustainability success of paper based packaging and recycling, the American Forest & Paper Association (AF&PA) today released a new tool, The Design Guidance for Recyclability, a data-driven resource to aid packaging designers and brands in the design and manufacture of packaging to meet recyclability goals. The guide provides data on how certain non-fiber elements, such as coatings and additives, impact the recyclability of paper-based packaging. Key findings include: *Non-fiber elements may present a recycling “challenge” when they slow down the mill’s pulping process, plug screening systems or leave residue on finished paper or paperboard. However, innovations in packaging design and materials, as well as improvements in recycling technology, have made these treatments easier to recycle than historically. *Being a “challenge” does not mean “not recyclable.” Each non-fiber element applied to each kind of packaging was rated by some mills as not a “challenge.” The Design Guidance for Recyclability is available for free download at: afandpa.org/sustainability/design-guidance
Our pulp and paper mills, including our Hawesville Mill in Kentucky, have been using wood fiber, water and basic chemistry to make useful, recyclable products for more than a century. As technology has advanced, our processes have become more efficient and more sustainable. Today, Domtar’s environmental teams use technology to improve visibility to standards and to act early to prevent problems. The Hawesville Mill offers lessons in collaboration and innovation while keeping an eye on the environment. Technology has modernized the tracking of hundreds of data points that alert mill leaders to potential environmental problems and deviations from designed operating conditions. Technology also helps us improve efficiency in our manufacturing processes.
Sappi Europe announces a price increase for all its Packaging and Speciality paper grades by 7 – 11 % valid for deliveries from 1 April 2021. Sharply rising input costs, particularly relevant to pulp and energy in combination with very high freight rates due to global logistic constraints make price increases unavoidable.
The choices you make about your products' eCommerce packaging have implications that travel far beyond their customers' journey. The moment of unboxing is often the first physical interaction an eCommerce brand has with a new customer – and that moment has the potential to make a significant and lasting impact. It's crucial for brands navigating today's competitive online climate to win over new shoppers and convert them into repeat customers. That's why the people responsible for making decisions about product packaging must educate themselves about these materials. Paper is the Sustainable Choice - Compared to other materials, paper creates a minimal impact on the planet. Consumers Prefer Paper - Modern online shoppers are increasingly conscious of – and interested in – how businesses operate on a sustainability level, bringing packaging to the forefront of the many factors considered when deciding what brands to shop with. Creativity Elicits Enthusiasm - Contrary to plastic void fill options (commonly bubble wrap or air pillows), colorful and printed tissue paper-based interior packaging alternatives create endless possibilities to tell a brand's story while creating a unique and memorable unboxing experience. Adaptive, Efficient, and Innovative - Fortunately, an array of paper-based packaging options that serve an aesthetic purpose also offer protective advantages, adding operational efficiency to the fulfillment process – like Seaman Paper's robust portfolio of multipurpose paper-based products.
Neenah, Inc. announced the signing of a definitive agreement to acquire Global Release Liners, S.L., the parent company of Industrias de Transformacion de Andoain, S.A., from Magnum Capital and other minority shareholders for €205 million in cash. Closing is expected to occur in early April and is subject to customary conditions. ITASA is a leading global coater and converter of release liners used in fast-growing hygiene, tapes, industrial, labels, composites and various other end markets. With COVID-impacted sales of $120 million in 2020, Neenah expects sales of approximately $140 million in 2021 and consistent, pre-synergy mid-teen EBITDA margins. ITASA has historically grown sales by more than 8 percent annually and serves global markets from its operations in Spain, Mexico and Malaysia.
Domtar Corporation announced that it completed the previously disclosed sale of its Personal Care business to affiliates of American Industrial Partners for $920 million. This divestiture is a significant milestone in the Company’s strategic transformation to become a leading paper, pulp and packaging company. "The sale of The Personal Care business is part of our ongoing effort to strategically optimize our portfolio and allows us to strengthen our balance sheet, enhance liquidity and buy back shares," said John D. Williams, President and Chief Executive Officer. "I want to thank the employees for their hard work and dedication throughout the process, and for their contributions over the years." The Company plans to use $600 million of the proceeds to reduce debt and $300 million to repurchase shares.
For the fourth quarter, the Company reported a net loss of $79.1 million, compared to a net loss of $4.3 million, for the thirteen weeks ended February 1, 2020 ("last year's fourth quarter"). The fourth quarter net loss includes $35.9 million, in significant after-tax non-cash charges, including a deferred tax asset valuation allowance of $32.1 million, within the Company's income tax provision (benefit). See tabular details in the Summary of Significant Non-Cash Charges table below for further details. Last year's fourth quarter includes after-tax accelerated depreciation charges of $0.8 million. For fiscal 2020, the Company reported a net loss of $360.1 million, compared to a net loss of $12.8 million, for the fifty-two weeks ended February 1, 2020 ("fiscal 2019"). The net loss for fiscal 2020 includes $199.6 million, in significant after-tax non-cash charges. See tabular details in the Summary of Significant Non-Cash Charges table below for further details. The net loss for fiscal 2019 includes after-tax accelerated depreciation charges of $8.1 million, and the after-tax impact of severance and other related net charges of $2.1 million.
The Company's total comparable sales grew 20.5 percent in the fourth quarter, reflecting comparable stores sales growth of 6.9 percent and digital sales growth of 118 percent. Total revenue of $28.3 billion grew 21.1 percent compared with last year, driven by sales growth of 21.0 percent and a 28.7 percent increase in other revenue. Operating income was $1.8 billion in fourth quarter 2020, up 53.2 percent from $1.2 billion in 2019. Full-year sales increased 19.8 percent to $92.4 billion from $77.1 billion last year, reflecting a 19.3 percent increase in comparable sales combined with sales from non-mature stores. Full-year revenue of $93.6 billion grew 19.8 percent compared with 2019, reflecting sales growth of 19.8 percent and an 18.2 percent increase in other revenue.
UPM's goal is to develop, encourage and reward every employee in their work. UPM paid a total of EUR 51 million as short-term incentives to employees in 2020. The incentives were paid for the good 2019 results and for personal success in one's own work. The figures are outlined in the Annual Report that was published today. Over the last five years, UPM has paid nearly EUR 300 million in incentives to its employees. The incentives are mainly determined by the financial indicators, of which EBITDA is the most important. In addition, every employee can earn one-third of the incentive by the achievement of personal and/or team performance targets. Last year, UPM employees earned on average of 5.6%, or approximately EUR 3,200, additional income from the company's incentive schemes.
*Net sales of $1.1 billion down 5% as compared to last year, reflecting the adverse impact of COVID-19. *Digital net sales increased 34% to $639 million reflecting robust growth in every month of the quarter. *Gross profit rate improved 230 basis points to 60.5% on higher average unit retail and slightly lower average unit cost. *Operating income of $116 million and $131 million on a reported and adjusted non-GAAP basis, respectively, as compared to $122 million and $125 million last year, on a reported and adjusted non-GAAP basis, respectively. A summary of results for the full year ended January 30, 2021 as compared to the full year ended February 1, 2020: *Net sales of $3.1 billion down 14% as compared to last year, reflecting the adverse impact of COVID-19. *Digital net sales increased 39% to approximately $1.7 billion. *Gross profit rate improved by 110 basis points to 60.5% on higher average unit retail and flat average unit cost. *Operating loss of $20 million and operating income of $52 million on a reported and adjusted non-GAAP basis, respectively. This compares to operating income last year of $70 million and $83 million on a reported and adjusted non-GAAP basis, respectively.
As far as the media marketplace goes, 2020 was a tale of two economies. While advertising and marketing spending experienced one of its worst years after -- decline 7.1% in the U.S. and 6.8% worldwide -- consumer spending on media actually soared, rising 5.6% and 6.1%, respectively. That's the finding of a MediaPost analysis of two reports released by media industry economists PQ Media, including today's "Consumer Spending On Media" report, and November 2020's Advertising & Marketing Spending Forecast. While the comparisons are not exactly apples-to-oranges, because of the ways PQ categories consumer media, they offer some directional insights on where the economic engines of the media industry are last year, now and for the years ahead.
Leading global packaging and paper group Mondi and Tesco Central Europe have launched a new partnership, in which Mondi will purchase the retailer’s warehouse corrugated waste to create recycled paper for the retailers' shopping bags. Tesco is working towards a net zero emission goal, in line with its sustainability targets to remove, reduce, reuse and recycle wherever possible and Mondi is able to contribute to this vision with its customer-centric approach, EcoSolutions. This is the first time Tesco has collaborated directly with a paper producer to turn its paper waste into a renewable resource in line with their circular economy goals. Mondi uses the retailer’s corrugated waste to produce the EcoVantage grade, in which recycled and fresh fibres are combined to achieve a recyclable and high performing shopping bag. With the EcoVantage paper produced at Mondi’s mill in the Czech Republic, this collaboration shows how suppliers can work with retailers across the value chain to develop circular systems and turn waste back into a valuable resource.
WestRock Company announced that Steven C. Voorhees has decided to step down from his position as president and chief executive officer and a director of the Company for health reasons, effective March 15, 2021. In addition, the Company’s Board of Directors announced that, following a comprehensive search as part of the Company’s long-term succession processes, it has elected David B. Sewell to succeed Voorhees as WestRock’s president and chief executive officer at that time. Sewell has been appointed to the Board of Directors, effective as of when he assumes his new role, and Voorhees will be available to support a smooth transition. Sewell, age 52, brings with him more than 25 years of commercial, marketing, and general management experience. He joins WestRock from The Sherwin-Williams Company, a global leader in the manufacture, development, distribution and sale of paint, coatings and related products, where he most recently served as president and chief operating officer responsible for global operating segments that generated $18.4 billion in sales and are supported by 60,000 team members.
PRINTING United Alliance and Idealliance today announced that the two organizations have officially merged. Under the guidance and direction of the board of directors at each organization, which are comprised of representative printer and supplier members across the industry; and with the overwhelming support and approval from Idealliance members, PRINTING United Alliance and Idealliance can together bring even more resources and service offerings to its collective membership and the printing industry at large. The merger is a unique opportunity during a challenging time to further collaborate and utilize the strengths of each organization to continue serving the printing industry across market segments. “Idealliance has developed the expertise to build and rollout its traditional color management programs, new standards in training and education, and is a respected leader in this space,” said Ford Bowers, CEO, PRINTING United Alliance.
With the help of our trusted non-profit partners, Boys & Girls Clubs of America, Good360 and others, Gap Inc.’s portfolio of purpose-led lifestyle brands are sending 3.5 million masks and face coverings to non-profit community organizations serving those with the greatest needs across the U.S. Last month, Old Navy donated 1 million masks to Boys & Girls Clubs of America, one of the brand’s longtime nonprofit partners, to support local Clubs as they continue to provide safe spaces for kids and teens. Old Navy is committed to serving American families in need and will now provide an additional 1 million masks to Baby2Baby, local This Way ONward partners, and Boys & Girls Clubs of America to further reach underserved communities. Through The Imagine Mission, Old Navy is working to create a better future for future generations.
Unit sales of print books rose 10.9% in the week ended Feb. 20, 2021, over the comparable week in 2020, at outlets that report to NPD BookScan. The adult fiction category had a solid week, with unit sales up 20.5% over the week ended Feb. 22, 2020. A Court of Silver Flames by Sarah J. Maas was the top title, selling nearly 95,000 copies in its first week. In second and third place on the adult fiction list were two Kristin Hannah titles: The Four Winds, which sold more than 46,000 copies, and Firefly Lane, which sold more than 20,000 copies. YA fiction print unit sales jumped 47.7% over 2020, as E. Lockhart’s We Were Liars remained #1 on the category list, selling more than 15,000 copies. Adam Silvera’s They Both Die at the End was second, selling just over 11,000 copies. Stamped by Jason Reynolds continued to lead the YA nonfiction list as the category posted a 55.4% increase over 2020.
The recovery in the UK printing and printed packaging industry suffered a setback in Q4 and is now expected to see a decline on the volume of orders and output in Q1. The Covid-19 outbreak hit at the end of Q1, Q2 bore the brunt of the impact and whilst Q3 exhibited a recovery, of sorts, Q4 experienced a halt on that recovery path. Unfortunately forecasts for Q1 suggests that the Covid-19 resurgence and resulting mix of lockdown measures and post-Brexit disruption will be a drag on recovery for many businesses. The latest Printing Outlook survey reveals that 29% of printers managed to increase their output levels in the final quarter of 2020. One-third (33%) were able to hold output steady, whilst 38% were adversely affected by a decline in output. The resulting balance (the difference between the ups and the downs) was -9, only just below the -8 reported in Q3 and just much in-line with the Q4 forecast (-7). Output has yet to return to the positive zone.
Metsä Group’s innovation company Metsä Spring Ltd has made an equity investment in Montinutra Ltd, a startup converting forest industry side streams into high-value bioactive products. The financing round totals approximately EUR 1 million, and Metsä Spring is participating in the round with current and new private investors. Montinutra intends to produce valuable ingredients for the cosmetics, food and beverage, and pharmaceutical industries using forest industry side streams as its raw material. Metsä Group has two spruce sawmills in Finland, which may provide sawdust for the production. The company focus is first set clearly on SprucegumTM, an extract obtained from spruce sawdust. Sprucegum™ has potential for personal care, cosmetics and foodstuffs as an emulsifying and stabilising ingredient, for example. In addition, health beneficial Qusitol® obtained from sawdust, too, has shown potential for the treatment of lower urinary tract symptoms (LUTS).
KP Tissue Inc. and Kruger Products L.P. announced the completion of construction and successful start-up of their state-of-the-art Sherbrooke manufacturing facility featuring Canada’s largest and most modern through-air-dry (TAD) tissue machine. The new facility also comprises three converting lines which have been successfully commissioned. Kruger Products also announced a further investment of $240M to expand the Sherbrooke operation with new production lines as well as the construction of a new tissue manufacturing facility over the next three years. This investment is part of the Company’s broader focus on expanding its business and continuing to offer high quality tissue products to customers across North America. The investment announced today is supported by the Government of Québec through Investissement Québec (“IQ”) which is investing $165M in loans.
Environment and Climate Change Minister Jonathan Wilkinson announced the appointment of members of the federal government’s Net-Zero Advisory Board. We have the unique opportunity to go beyond net-zero and can do this by: *Sequestering carbon and reducing land-based emissions through climate smart forestry and sustainably managing forests in the face of worsening pest, drought, and catastrophic fire risks; *Locking carbon into long-lived wood products and innovative wood building construction; *Building on our successful track record of reducing greenhouse gas emissions at our mills. Carbon emissions at Canadian forest product mills have been reduced by nearly 70% since the early 1990s and we can do more. *Using what would otherwise be wood waste to further green our operations and providing lower-carbon materials and biofuels to help other industries decarbonize.