“With forestry in India being at a critical crossroad, the decision to develop our own national forest certification system will be an important driver to promote the sustainable management of our forest resources,” said KK Singh, Chairman of the Network for Certification and Conservation of Forests (NCCF). “While India is among the world’s most forested countries, we also have a growing demand for wood products, and unsustainable use of forests, for example for wood fuel, is a significant challenge,” continued Mr. Singh. “Forest certification will help us not only in mainstreaming sustainability in forest management, but also in raising awareness with companies and consumers about the importance of sourcing and buying responsibly sourced wood products.”
Life just got brighter for organizations that value the critical role that premium paper plays in successful brand marketing. Sappi North America, a leading producer and supplier of diversified paper and packaging products, today announced it has increased the brightness of its Opus Sheet coated paper line to 94 bright, enhancing a versatile brand portfolio prized for its whiteness, shade consistency, stiffness and lower fluorescence.
EFI™ (Nasdaq:EFII) today announced new EFI Fiery® digital front ends (DFEs) for Xerox's newest digital presses. The Xerox EX-i 80 Print Server and EX 80 Print Server Powered by Fiery are available on the Xerox Versant® 80 Press, while the Xerox EX-P 1000i Print Server Powered by Fiery is available for Xerox Color 800i/1000i Presses. "The combination of our advanced production printing solutions and EFI Fiery technologies will help ensure that our customers have the high-end quality and automated, streamlined productivity they need to advance in a competitive marketplace," said Robert Stabler, senior vice president, Graphic Communications, Xerox.
During the last years Arctic Paper has taken several measures to further reduce costs and increase efficiency. However, current manufacturing cost levels and cost increases, partly effected by currency exchange rate, make a paper price increase unavoidable. Arctic Paper wishes to announce to its customers a price increase on all UWF paper grades, both in sheets and reels. The price increase will range from 5-8% and will differ from the current price levels per country and paper grade.
Emin Leydier is set to raise its recycled containerboard prices by Euro 40/tonne ($43.4/tonne) from April 1. The hike will apply to all markets except the UK and Spain, the firm said.
The Standard Register Company (the “Company”) today announced that it and its subsidiaries have filed voluntary petitions under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. The Company also announced that it is pursuing a sale process and has entered into an acquisition agreement with an affiliate of Silver Point Capital, L.P. The agreement was submitted to the Bankruptcy Court today. Under the proposed agreement, the Company’s assets will be sold for approximately $275 million plus the assumption of certain other liabilities. The sale agreement contemplates a Court-supervised auction process, which is designed to facilitate a competitive sale process.
Printers can create and produce more profitable jobs with guaranteed image accuracy and vibrant colors with Xerox’s newest digital color devices – the Versant® 80 Press and the Color 800i/1000i Presses. For print-for-pay and in-plants, the Versant 80 combines new features and functionality to produce high-end applications faster on more media types. The Color 800i/1000i Presses now offer true Pantone® metallic gold or silver specialty dry inks – giving printers a creative, competitive advantage. With increased automation both devices keep print environments at peak performance levels.
The world may be going digital, but the brightly colored advertising inserts that spill out of newspapers every Sunday somehow missed the memo about the decline of print. Newspaper circulars are hanging on even though they draw fewer and fewer eyeballs as readership shrinks. And they are expensive to produce, costing up to $1 million for a single run. Chain stores would love to be free of the expense and have tried dozens of experiments over the years to find an alternative, with little or no luck. Aware that it can't go cold turkey on circulars, the department store Kohl's Inc. this spring plans to scale back. Kohl's is hoping to save money by using shopper ZIP Code data to better target its circulars.
Fourth Quarter Performance: For the fourth quarter of fiscal 2014, net sales decreased 11% to $593.8 million, from $670.0 million in the year ago period. Fourth quarter comparable sales, including the e-commerce channel, decreased 9%, compared to a decrease of 15% for the corresponding period of the prior year. The Company reported a net loss for the fourth quarter of fiscal 2014 of $13.5 million, or $0.17 per diluted share. Full Fiscal Year Performance: Net sales for fiscal 2014 decreased 12% to $1.839 billion, from $2.091 billion in the year ago period. Fiscal 2014 comparable sales, including the e-commerce channel, decreased 11% compared to a 15% decrease for the corresponding period of the prior year. The Company reported a net loss for fiscal 2014 of $206.5 million, or $2.62 per diluted share.
Today, Berry Plastics Group, Inc. (NYSE: BERY) and Klöckner Pentaplast Group, announced that the companies recently entered into a marketing alliance to offer innovative form-fill seal packaging solutions, on a global basis to the food, consumer, pharmaceutical, and medical markets. Klöckner Pentaplast manufactures multiple types of forming films used to produce trays, while Berry Plastics manufactures non-forming lid stock films using various sealant chemistries.