Oil prices fell more than 1 percent on Tuesday on signs that an economic slowdown in China is spreading, stoking concerns about global growth and fuel demand. The gloomy news from the world's second-largest economy and top oil importer pulled down financial markets across Asia. China reported the lowest annual economic growth in nearly 30 years on Monday and its state planner warned on Tuesday that falling factory orders point to a further drop in activity and more job losses. Click read more below for additional detail.
Metsä Board has once again been highlighted as a global leader in corporate sustainability by CDP, a non-profit global environmental disclosure platform, by achieving a place on the CDP A List for both climate change and water security. This is the fourth consecutive year that the company has been included on the CDP Water A List and the third consecutive year on the CDP Climate A List. Metsä Board also scored A- in the CDP’s Forest programme. Metsä Board is among the top 27 companies placed on the global Water A List. This achievement is in recognition of Metsä Board’s actions in the last reporting year to manage water more sustainably. Additionally, Metsä Board is among the top 126 of companies featured on the global Climate A List. This positioning is a recognition for the company’s activities in cutting emissions, mitigating climate risks and developing the low-carbon economy. In 2018, over 7,000 companies disclosed through CDP. Click read more below for additional detail.
UPM has been ranked on the 23rd place in the list of 100 most sustainable corporations by the Corporate Knights, the Canadian-based media and research company. UPM is the only company listed in the Paper and Forest Products category. On the same date the company is also highlighted as a global leader on the CDP Forest A List. Corporate Knights analysed some 7,500 companies with revenues more than USD 1 billion. The Global 100 Index use determined quantitative sustainability indicators, including carbon productivity (revenue-to-tonne-CO2 ratio), the percentage of taxes paid and board gender diversity, for example. 50 per cent of each company's score measures the percentage of revenues earned from products and services that have environmental or well-defined social benefits. Click read more below for additional detail.
The Accelerator programme provides an exceptional opportunity for disruptive startups and Stora Enso to actively ideate and innovate new solutions. This year’s programme focuses specifically on the circular economy, especially in regard to circular solutions, raw material management, packaging, separation and sorting, and energy. “With global megatrends, the circular economy will play a significant role in business and society in the coming years. We are teaming up with startups to further explore how Stora Enso can best contribute,” says Malin Bendz, Executive Vice President, HR. “We have been greatly encouraged by our first Accelerator programme, which has resulted in two ongoing partnerships, with Sulapac and Trä Group, building on renewable solutions.” The final six startups emerged from a rigorous and competitive selection process. After submitting a written application and video, more than 85 startups were evaluated and filtered down to the top 40. Click read more below for additional detail.
Stora Enso has been top-rated in combatting global warming by the international non-profit organisation CDP, which works to build a sustainable global economy. CDP has included Stora Enso on its new 2018 Climate A List, which identifies the global companies that are taking leadership in climate action. “We are proud of this recognition of our long-term work to reduce our emissions,” says Noel Morrin, EVP Sustainability at Stora Enso. “For over a decade we have been actively reducing the energy intensity of our operations and our dependence on fossil fuels. In December 2017, Stora Enso became the first forest products company to set ambitious science-based targets for reducing greenhouse gas emissions throughout our value chain.” Click read more below for additional detail.
Mondi’s printing prowess – on both paper and plastic – is garnering attention for the third year in a row from Europe’s leading flexo printing associations. The juries of the French Association of Flexography (ATF Flexo) and the Italian Technical Association of Flexography (ATIF) both bestowed awards on Mondi recently, in recognition of the company’s bag-printing quality and expertise. Paper offers a natural look, and, of course, is a renewable resource, adding to a product’s sustainability story. However, it still needs to look good – and the judges agreed that Mondi achieved that through its precision printing. Printing quality is vital, as the look and feel of the package – whether on store shelves or when delivered to customers via e-commerce – is a direct reflection on the brand in the minds of end consumers. Projecting a quality image helps to reinforce brand credibility and can help to boost sales. On December 13 in Paris, ATF Flexo presented Mondi with two awards – a Gold Flexostar award in the “Printing on Paper” category for its Dog’Croc Chien Adult bag made for French animal nutrition specialist Sopral. It also took home a Silver Flexostar in the “Printing on PE Film” category for its hybrid film/paper Canicaf dog-food bag made for Paris-based customer Néodis. The French competition attracted 135 entries from 38 companies. Click read more below for additional detail.
On Thursday the 17th of January the first in-specification 99% pure Cyrene™ was produced by the FC5 prototype plant. 165 kg of this product was packaged and shipped to customers in the USA on Friday. This marks a huge milestone for the FC5 project as the entire plant has now been successfully commissioned and operated end-to-end. This has been a significant undertaking for the FC5 team who have shown great perseverance and grit to make the development of such a novel process and completely new product a success. The commissioning of the plant and production of the first in-specification product is a massive achievement. The production of Cyrene™ is part of Norske Skog Australasia’s broader strategic vision of “Building Our Future from Fibre and Energy”. It’s a partnership with the Circa Group and involves new technology developed in Australia, targeting global markets for sustainable, safer and more environmentally friendly alternatives to existing solvents which have unacceptable environmental impacts. Click read more below for additional detail.
Henry Fry, Chairman of the Board of Fry Communications, announced the appointments of Cheri Stryker to VP of Sales and Steve Brandenburg to Assistant VP of Sales/Catalogs. Stryker joined Fry in an entry-level production position 38 years ago, and rose through the ranks to become the company’s first Magazine Sales Manager and now the VP of Sales. Her knowledge, experience, and leadership yielded print partnerships with industry titans like Time Inc., M. Shanken Communications, and Moffly Media. Brandenburg joined Fry in 2011, and has over 30 years’ experience in catalog sales. He became Catalog Sales Manager in 2012, leading the catalog team to their best sales year. Click read more below for additional detail.
Ted Florence is ready for his family trip to Botswana. He has looked up his hotel on Google Maps and downloaded a digital map of the country to his phone. He has also packed a large paper map. “I travel all over the world,” says Florence, the president of the international board of the International Map Industry Association and Avenza, a digital map software company. “Everywhere I go, my routine is the same: I get a paper map, and I keep it in my back pocket.” With the proliferation of smartphones, it’s easy to assume that the era of the paper map is over. That attitude, that digital is better than print, is what I call “technochauvinism.” In my book, “Artificial Unintelligence: How Computers Misunderstand the World,” I look at how technochauvinism has been used to create an unnecessary, occasionally harmful bias for digital over print or any other kind of interface. A glance at the research reveals that the paper map still thrives in the digital era, and there are distinct advantages to using print maps. Click read more below for additional detail.
Total Packaging Papers shipments were down 7.9 percent from December 2017 but up 1.8 percent year-to-date. Bag and Sack shipments were up 4.4 percent year-to-date; Multiwall shipments were down 1.4 percent; Converting shipments were up 0.5 percent; and Food Wrapping shipments were up 1.9 percent. The operating rate for December dropped to 87.0 percent compared to 89.5 percent in November. Inventories increased 2.2 percent since November and were 4.9 percent higher than the same month last year.