Book Publisher Revenue Up For Adult Books, University Presses in 2017

Publishers’ revenue for trade (consumer) books increased by $96 million (+1.3%) to $7.6 billion in 2017. The growth in trade books is attributed to a +3.0% revenue uptick in the Adult Books category, which comprises more than 65% of all revenue for trade books. Revenue for Childrens/YA books and Religious Presses declined in 2017. Overall publisher revenue for 2017 was flat at $14.7 billion, up $57.5 million (+0.4%) from 2016. These numbers include sales for all tracked categories (Trade - fiction/non-fiction/religious, PreK-12 Instructional Materials, Higher Education Course Materials, Professional Publishing, and University Presses). Several categories that had declined in 2016 rebounded in 2017, including Adult Books, University Presses, and Professional Books. Click Read More below for additional information.
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Tronox Reports First Quarter 2018 Financial Results

First Quarter 2018 Highlights: - Strong top and bottom line performance reflects benefits of vertical integration and continued favorable market conditions across TiO2 pigment, feedstock and co-products - Revenue of $442 million up 17 percent versus prior year - Income from operations of $14 million; adjusted EBITDA of $113 million up 79 percent versus prior year (Non-GAAP) - TiO2 income from operations of $52 million; adjusted EBITDA of $138 million up 62 percent versus prior year (Non-GAAP) - TiO2 adjusted EBITDA margin of 31 percent; free cash flow of $52 million. Click Read More below for additional information.
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US Postal Service Honors Shutterfly Inc. with 2018 Partnership for Growth Award

The U.S. Postal Service recognized Shutterfly Inc. with its Partnership for Growth Award on the final day of the National Postal Forum (NPF), the country’s premier mailing and shipping conference. The Partnership for Growth Award is given annually at NPF to recognize a strong mailing industry contributor that drives innovation and growth using USPS. Shutterfly was selected to receive this year’s Award by Postmaster General and CEO Megan J. Brennan and the USPS Executive Leadership Team. Shutterfly is being recognized for continuously working with the Postal Service to ensure the company reaches its customers using new and innovative technologies that increase the value of the mail. Click Read More below for additional information.
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RRD Builds for Future with Maureen Powers as new President of RMS

R.R. Donnelley & Sons Company followed up on the recent creation of their Marketing Solutions group by adding Maureen Powers to the team as the new President of RRD’s Response Marketing Solutions (RMS) team starting on May 21st. Powers comes from Discover Financial Services where she served in a variety of senior leadership positions, most recently as head of their Rewards program. Powers holds a Bachelor’s degree from Northern Illinois University and an MBA from Northwestern University’s Kellogg Scholl of Management. She will be based in RRD’s headquarters in Chicago, IL and reports to Doug Ryan. Powers will succeed Dan Thornton, who announced his retirement after 22 years of successful leadership on the RRD team. Click Read More below for additional information.
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Verso Corporation Reports First Quarter 2018 Financial Results

Verso Corporation reported financial results for the first quarter of 2018, including net sales of $639 million, net loss of $2 million, and Adjusted EBITDA of $41 million. "Verso had a good start in the first quarter of 2018, with sales revenue up 4 percent to $639 million, Adjusted EBITDA (a non-GAAP measure) up 58 percent to $41 million, and Adjusted EBITDA margin up 2.2 percentage points compared to the first quarter of 2017," said Verso Chief Executive Officer, B. Christopher DiSantis. "We continued to grow our specialty papers business, now 24 percent of total revenue, and are seeing the benefits of our SG&A cost improvement initiatives, with an improvement of $8 million versus the first quarter of 2017. Looking ahead, we have positioned Verso well to benefit from improved operating rates and are building a better business." Click Read More below for additional information.
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Office Depot Announces First Quarter 2018 Results

Total reported sales for the first quarter of 2018 were $2.8 billion compared to $2.7 billion in the first quarter of 2017, an increase of 6%. As a result of the CompuCom acquisition and focus on growing services revenue, the Company has enhanced its disclosure to report the breakdown between product sales and service revenues. Office Depot's service revenues now make up approximately 14% of the Company's total sales. In the first quarter of 2018, Office Depot reported operating income of $77 million and net income from continuing operations was $33 million, or $0.06 per share, compared to operating income of $124 million, net income from continuing operations of $74 million and $0.14 per share in the first quarter of 2017. Click Read More below for additional information.
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The Iran Deal Is Dead; Here’s What That Means for Crude Oil Prices

Short term, oil-pricing volatility will continue. Traders will likely consider any forward interruption – perceived or actual – in Iranian crude export flow as upward pressure on global prices. If this happens and JCPOA is not immediately closed, (i.e., should those second and third possible scenarios I mentioned play out), there will be a pullback. Overall, other factors have been contributing to an increasing floor for the oil-pricing band, supported by continuing OPEC production problems in Venezuela, Nigeria, and Libya. Click Read More below for additional information.
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Deluxe Corp. Acquires LogoMix, a Provider of Custom Marketing Products for Small Businesses

Deluxe Corporation announced that it recently acquired 100 percent of privately held LogoMix, a Boston-based provider of logo design and other small business branding and marketing services. Founded in 2006, LogoMix enables businesses and individuals to create and purchase custom marketing products for use online and offline. On LogoMaker.com, users can create a custom logo in minutes and, in one click, print their logo on business cards, signs, pens and other offline marketing products. LogoMix’s other marketing services include websites, business email, domains and Google Apps for Work. Click Read More below for additional information.
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Mohawk Releases the Fourteenth Issue of the Mohawk Maker Quarterly

Mohawk Fine Papers, Inc. introduced the fourteenth issue of its celebrated Mohawk Maker Quarterly at the HOW Design Live Conference in Boston, MA. Each issue of the Mohawk Maker Quarterly relies on a theme for its creative framework. Issue No. 14 of the Mohawk Maker Quarterly is titled Lead & Serve and celebrates those who pave the way by helping others find their paths. Consistent with the ongoing strategy behind the publication, this issue seeks to provide thought-provoking inspiration for graphic designers around the world through engaging content and carefully-considered design on paper. Issue No. 14 is the largest body of content to date, with 224 pages of words and images presented in the oh-so familiar form of a book. The 6.5 x 8.5” format is organized in four chapters, including Mohawk’s regular feature, The Movement; highlighting makers and their projects from around the world. The team at Hybrid Design in San Francisco, CA has struck a perfect balance between visual and word essays, all carefully curated to support this issue’s theme, Lead & Serve. Click Read More below for additional information.
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Torstar Corporation Reports First Quarter Results

Highlights for the first quarter: • As part of our transformation plan, on April 10, 2018, we launched a major national expansion with a reinvention of our Metro urban commuter newspapers and more robust digital offerings on thestar.com in Vancouver, Calgary, Edmonton, Toronto, Halifax and nationally. This expansion leverages the Star brand and its history and unique position of local and investigative reporting. • Ended the first quarter of 2018 with $51.5 million of cash and cash equivalents and $7.7 million of restricted cash; Torstar has no bank indebtedness. • Our net loss from continuing operations in the first quarter of 2018 was $20.9 million ($0.26 per share) compared to a net loss of $24.4 million ($0.30 per share) in the first quarter of 2017. Click Read More below for additional information.
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U.S. Postal Service Showcases Innovative Physical and Digital Platforms at 2018 National Postal Forum

In her keynote address opening the 50th Anniversary of National Postal Forum (NPF), Postmaster General and CEO Megan Brennan highlighted the Postal Service’s focus on meeting customer’s needs today, while anticipating their needs of tomorrow by continuing to invest in the future to create opportunities for growth and profitability for the entire industry. Brennan announced to thousands of customers at the Forum that nearly 10 million users are now enrolled in Informed Delivery, the Postal Service’s innovative daily mobile offering which allows users to see their incoming mail to be received later that day. “Informed Delivery broadens the definition of the mail moment by bridging the digital and physical – it allows consumers to connect to their physical mail anytime, anywhere,” said Brennan. “Informed Delivery is becoming part of the daily digital life of the American consumer. It builds anticipation of the physical mail piece, and allows marketers to increase their digital engagement with the consumer from a single mail piece.” Click Read More below for additional information.
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Iridescent Colors and Specialty Embellishments Never Seen Before in Digitally Printed Pieces Now a Reality

The company that invented the copier, laser printing and print-on-demand is announcing another first in the world of print – a high speed, six station color press that combines four-color printing with up to two specialty dry inks in one printing pass. The Xerox Iridesse™ Production Press is the only digital press that can print metallic gold or silver dry ink, CMYK and clear dry ink in a single pass, giving print providers an immediate competitive edge in the growing digital print enhancement market. “Iridesse can do things no other digital production press can do, but it’s what it can do for our customers that’s most important,” said Ragni Mehta, vice president and general manager, Cut Sheet Business, Xerox. “We created the press to produce these special effects and digital enhancements cost effectively and in a simplified workflow so our customers can seize the market opportunity and grow their businesses.” Click Read More below for additional information.
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Paper supply squeeze in face of ‘perfect storm’ (UK Perspective)

A “perfect storm” of global events has resulted in long lead times for some paper grades – with mills resorting to allocation for the first time in over a decade – and printers and paper buyers have been warned to plan ahead for the rest of the year. The combination of factors affecting the supply of graphical papers includes increasing demand for pulp for other markets, such as tissue and hygiene products, which has pushed prices up to almost $1,200 (£883) a tonne. A year ago it was $700-$750. As well as pulp prices, other rising input costs for papermakers include chemicals and fillers. In recent years paper manufacturers have shut down paper machines in the face of declining demand, or converted lines to make other higher-value products, such as cartonboard. Click Read More below for additional information.
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Smurfit Kappa Partners with EFI to Transform Corrugated Production with Ultra-high-speed Nozomi Platform

Dublin, Ireland-based Smurfit Kappa Group is partnering with Silicon Valley printing technology company Electronics For Imaging, Inc. to establish an efficient, robust digital corrugated packaging production offering with the installation of an EFI™ Nozomi C18000 single-pass LED inkjet corrugated packaging press. As a result of this partnership, Smurfit Kappa, one of the top innovators in packaging, and main driving force of digital print technology in Europe, will establish leaner and more-effective processes to deliver ready-to-sell high quality print packaging that will provide its customers maximum brand benefit in the retail store. “This digital printing partnership with EFI reflects Smurfit Kappa’s serious commitment to providing the best packaging solutions available,” said Ignacio Sevillano, CEO Smurfit Kappa Spain, Portugal and Morocco. Click Read More below for additional information.
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Developments in packaging sustainability and efficiency secure Amcor two 2018 Alufoil Trophies

The company’s PolyInert laminates, which enable sensitive pharmaceuticals to be packaged in stick-pack form, won the Resource Efficiency category, and AluFix Retort Xtra, the newest addition to the successful AluFix range, won the Technical Innovation award. PolyInert Laminates - This material helps keep pharmaceutical patients safe because its stable and inert high barrier doesn’t interact with or absorb active pharmaceutical ingredients and keeps medication effective longer. AluFix Retort Extra - The aluminium foil membrane makes more convenient peelable lidding practical on metal cans for a wider range of food products. For the first time, that includes on cans containing foods with low pH values of 2-4, or those containing salts, spices and oils that can corrode or damage packaging materials. Click Read More below for additional information.
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Arandell Names James Ford New Business Development Executive

Arandell Corp. announced that James Ford has joined the New Business Development Sales Team. In this position, Ford will be responsible for new client acquisition and client consultation in areas of marketing strategy, quality and color improvements, paper, print production and postal optimization. Ford will report to Stephen Sanfelippo, Arandell’s Senior Vice President of Sales and Marketing. “Jim is a highly reputable sales leader in the print industry with experience in effectively managing customer needs across multiple print facilities,” said Sanfelippo. “He will be instrumental in helping us introduce accounts to the expanded capabilities enabled by our new Kentucky facility and strategic partnerships. I am confident that his passion and abilities will help move Arandell to the next level of success.” Click Read More below for additional information.
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Digital and Analog Worlds Unite in New Magazine

Even in the era of “there’s an app for that,” our largely tech-first culture is reclaiming timeless analog elements. Today the Paper & Packaging – How Life Unfolds® campaign unveils a new limited-edition print publication, Pod Papers Magazine, bringing podcasts to life in a way that has never been done before – in print. Complimentary copies of Pod Papers will be available exclusively in store at Barnes & Noble locations nationwide while supplies last. “Our culture, though increasingly digital, is in the midst of a moment of reflection. For many, turning digital into analog is helping fuel inspiration and creativity,” observes Mary Anne Hansan, president of the Paper and Packaging Board. “Pod Papers is our answer to this cultural moment – it’s meant to be pored over and become a keepsake.” Click Read More below for additional information.
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US crude oil slips ahead of Trump decision on Iran

US crude oil prices have slipped back after strong gains as the White House prepared to announce a decision on whether it will withdraw from the Iran nuclear deal. Iran’s oil production has bounced back to nearly 4m barrels a day since world powers eased sanctions over its nuclear programme. Reimposing sanctions could reduce Iranian oil exports by 200,000-300,000 barrels a day, according to RBC Capital Markets. Click Read More below for additional information.
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Canfor to Invest $40M to Upgrade Camden, SC Mill

In addition to significantly boosting the mill’s production capacity, the upgrades will further enhance our first quartile performance in safety and quality. With this major investment, the Camden plant will continue to be a stable and significant employer in this region, paying good wages and benefits to our valuable employees. The upgrades, which will begin later this year, will include an upgraded new planer mill, a new continuous dry kiln to increase drying capacity, as well as new Sawmill equipment that will help increase the mill’s production capacity. Work is expected to be complete in the fourth quarter of 2019. Click Read More below for additional information.
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Surprising Sources of Global Deforestation

What are the most common causes of global deforestation? The answers might surprise you. The Food and Agriculture Organization of the United Nations (FAO) defines deforestation as the conversion of forests to another land use or a permanent loss of forest cover. Deforestation is not a major issue in North America. In fact, in the United States, net total forest area has actually increased in the past 60 years, while in Canada, forest cover remains stable. However, this is not the case in other regions of the world, where the rapid loss of tree cover has reached alarming rates. Despite the fact that the pulp and paper industry is not a major contributor to deforestation in many regions, myths continue to persist about the role our industry plays in this growing problem worldwide. That said, consumers who purchase pulp and paper products without considering the source drive demand in regions where less sustainable practices are common. Click Read More below for additional information.
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InnerWorkings Postpones Release of First Quarter 2018 Financial Results

InnerWorkings, Inc. announced that it is postponing the release of its first quarter 2018 financial results and conference call due to errors in its historical financial statements identified during the course of its first quarter financial reporting close process. The Company will be restating its financial statements for the years ended December 31, 2017, 2016, and 2015, and all interim periods within those years. The accounting errors relate primarily to recording a portion of costs of goods sold in the wrong period, and have no material impact on InnerWorkings’ cash flow, revenue, or liquidity. The restated financial statements will also correct other errors identified during prior periods, which were immaterial individually and in the aggregate. Click Read More below for additional information.
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Shelf impact starts in the customer’s mind

Brands today must align all aspects of their packaging development and production to satisfy the needs and preferences of a new generation of consumers. Skilful optimisation of point-of-sale packaging has never been more important for food and beverage brand owners. A key component is ensuring that primary and secondary packaging designs, materials and missions are fully aligned in order to attract consumers and satisfy their needs. Consumer brands today face many challenges – from an explosion in the number of competitors and the resulting struggle to get noticed on the retail shelf, to rising demand for sustainability and changing consumer demographics. Click Read More below for additional information.
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End of an Era for Last Shop on Chicago’s Once Fabled Printer’s Row

Palmer Printing has been the last printer on Printer’s Row since 2007, when Rider Dickerson moved to a different location. But it too has recently made the decision to relocate - a move that President Ed Rossini and his father and former owner Ciro Rossini felt was the next logical step for the company. In December 2017, Ciro Rossini, who owns the building where Palmer Printing is housed, decided to sell it to Chicago residential developer CMK. According to Ed Rossini, the company is in the process of looking for a new location with plans to move this year. In the past 10 years, Ed Rossini says that the Printer’s Row area has evolved into a vibrant, energetic neighborhood with the addition of universities, restaurants, bars and shops. Click Read More below for additional information.
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Rayonier Advanced Materials Reports First Quarter 2018 Results

• First quarter 2018 net income of $24 million and EBITDA of $86 million • Diluted earnings per share of $0.38; 153 percent increase from prior year • Pulp contributed significant EBITDA; Forest Products delivered solid profitability despite duties on U.S. sales; High Purity Cellulose impacted by production issues in two facilities and a spike in energy costs • Integration of Tembec progressing as planned with significant contributions to first quarter profitability • $7 million of transformation and synergy savings achieved; on track to meet 2018 target of $40 million. Click Read More below for additional information.
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Gannett Reports First Quarter Results

First Quarter 2018 Consolidated Results • Operating revenues were $723.0 million, compared to $773.5 million in the first quarter of 2017. • Favorable changes in foreign currency exchange rates benefited revenues by $7.5 million. • Same store, day adjusted (1) operating revenues declined 7.2%, an improvement compared to the 8.8% decline in the fourth quarter of 2017. The improvement was due to stronger digital advertising revenue and our strategic subscriber pricing initiatives. • Total digital revenues increased 9% to $255.5 million, or approximately 35% of total revenue. • GAAP net losses were $0.4 million, including $14.4 million of after-tax restructuring, asset impairment charges and other costs. Click Read More below for additional information.
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U.S. states, industry join call for end to Trump’s newsprint tariff

An organization of western U.S. states and Canadian provinces is joining the call for the U.S. government to drop its preliminary duties on imported newsprint and book paper. The U.S. Commerce Department has imposed preliminary duties on Canadian uncoated paper that total more than 28 per cent. That’s adding greatly to the costs of U.S. newspapers that are already struggling, says the executive of the Pacific Northwest Economic Region, a group of government and private-sector representatives. PNWER members include B.C., Alberta, Saskatchewan, Yukon, Alaska, Washington, Oregon, Idaho and Montana, with a head office in Seattle. Its executive statement, released Thursday, notes that the U.S. paper industry has shifted away from newsprint as demand in the U.S. has declined by 75 per cent since 2000. Click Read More below for additional information.
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Iran nuclear worries pushes crude oil to 4-year high

Brent crude on Monday touched its highest level since 2014 as oil prices increased on rising tension between the US and Iran. The international oil price, which has benefited from a lift in US demand and Opec supply constraints this year, rose nearly 1 per cent to $75.53 in European trading after earlier hitting a session peak of $75.89, its highest level since November 2014. Click Read More below for additional information.
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Interfor Reports Q1’18 Results

Interfor Corporation recorded net earnings in Q1’18 of $33.0 million, or $0.47 per share, compared to $36.2 million, or $0.52 per share in Q4’17 and $19.7 million, or $0.28 per share in Q1’17. Adjusted net earnings in Q1’18 were $36.8 million or $0.52 per share, compared to $45.1 million, or $0.64 per share in Q4’17 and $22.7 million, or $0.32 per share in Q1’17. Adjusted EBITDA was $81.1 million on sales of $527.6 million in Q1’18 versus $89.5 million on sales of $532.8 million in Q4’17. Click Read More below for additional information.
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AT&T Wants Supreme Court To Strip FTC Of Authority Over Broadband

AT&T plans to ask the Supreme Court to reverse a high-profile decision that restored the Federal Trade Commission's authority to prosecute broadband providers, the telecom said this week in court papers. The company's statement came in a status report submitted to U.S. District Court Judge Edward Chen in the Northern District of California. He is presiding over an FTC lawsuit alleging that AT&T duped millions of wireless customers by promising unlimited data, but throttling their speeds after they hit a monthly data cap. AT&T argued that the lawsuit should be dismissed on the ground that the FTC lacks authority over telecoms like itself. Click Read More below for additional information.
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Going beyond forests: PEFC to open certification to farmers and agroforestry – Give your feedback now!

Our revised Sustainable Forest Management benchmark is now up for public consultation, and we are asking you to share your insights and knowledge to help us further improve this vital document. Our Sustainable Forest Management benchmark is at the core of what we do. It provides the basis for the requirements that forest owners or managers must meet to achieve PEFC certification at local level. We therefore need to ensure that it continues to meet the demands and expectations – now and in the future. From expanded social requirements to refined definitions within the forest, and even the opportunity to broaden the scope of sustainable forest management; together with our stakeholders we have moved this benchmark forward – and now we need to hear from you. Click Read More below for additional information.
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Unplanned Shutdown of Rottneros Vallvik Mill has a Negative Impact on Production

Production in the Vallvik Mill has been affected by an unplanned shutdown due to disturbances in the bleaching plant and the recovery boiler. Repair work is underway and normal production is scheduled for Wednesday 9 May. The shutdown represents an estimated production loss of about 6,000 tonnes corresponding to approximately 6 percent of the Group's total planned production for the quarter.
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Mohawk Announces Price Increase on Envelope Products

Mohawk is announcing a price increase of 3.0% on all Domtar Lynx ® and and Earth Choice® Envelopes, and on all International Paper Accent ® Opaque and Springhill ® Envelopes effective with orders taken on June 4, 2018. This price increase will be applied to all contracts and promotions, within agreed upon terms, which include these grades. Manufacturing orders for these envelopes on file with Mohawk prior to June 4, but shipping after that date, will retain the agreed upon price.
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Price Increase Announcement – Select HP Large Format Supplies

Effective June 1st, HP is increasing the list prices on select large format supplies (some SKUs will not change – including PageWide XL and HP T3500 DesignJet eMFP ink SKUs). Actual price increases will vary by SKU, between 3% and 15%. As part of HP’s normal portfolio management process, the company regularly reviews pricing for all its products and adjusts accordingly.
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U.S. Paper Recovery Rate Reaches 65.8 Percent in 2017

“Paper recycling brings continued economic, environmental and social benefits to communities across the country,” said AF&PA President and CEO Donna Harman. “We thank the millions of Americans who choose to recycle every day for their essential contributions to paper recycling’s success.” “Paper is one of the most successfully recovered and recycled commodities in the U.S. because of our strong, market-driven voluntary system,” said AF&PA Board Chairman and GEC Packaging Technologies CEO John Rooney. “Our industry will continue to support and implement education programs and initiatives that drive awareness and increase access to paper recycling.” Click Read More below for additional information.
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Mercer International Inc. Reports Record First Quarter Results

Mr. David M. Gandossi, the Chief Executive Officer, stated: "We are pleased with our performance and results for the first quarter of 2018 as: * we generated record Operating EBITDA of $99.4 million in the current quarter; * in 2018 we continued realizing on identified fiber synergies between the Friesau Facility and our German pulp mills. In the first quarter of 2018, including fiber, we estimate we have realized approximately $3.5 million of synergy savings; and * our pulp mills had solid production in the current quarter, with no scheduled maintenance downtime. Click Read More below for additional information.
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Oceanwood new owner of Norske Skog AS

Oceanwood has entered into a sale and purchase agreement (the SPA*) to buy the entire issued share capital of Norske Skog AS (Norske Skog). Following a four-month competitive auction process, in which more than 100 prospective bidders were approached, Oceanwood emerged as the winning bidder by offering the highest value in cash for the shares and the intercompany loans. John Chiang, an Investment Adviser of Oceanwood, says: “Our first investment in Norske Skog was back in 2015 and we have supported and worked constructively with the group since. In November 2017, as it became apparent that it would be difficult to reach a consensual solution and solve the financial issues in the former Norske Skogindustrier holding structure, we decided to act to protect the operating companies. With the subsequent auction process now concluded, we are very excited to team up with Norske Skog’s management and employees. We share the ambition to see the new Norske Skog Group succeed and to realise the potential that we believe is inherent in the business as it continues to transform and grow.” Click Read More below for additional information.
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Novolex To Acquire The Waddington Group From Newell Brands

Novolex, a portfolio company of The Carlyle Group and an industry leader in packaging choice and sustainability, announced it will acquire The Waddington Group from Newell Brands, Inc. The transaction is expected to close in approximately 60 days. Headquartered in Covington, Ky., The Waddington Group is a global manufacturer and marketer of packaging and disposables serving the foodservice, bakery, deli, produce and confectionery markets. Novolex is a leading provider of packaging solutions serving retail, grocery, food service, hospitality, institutional and industrial markets. Click Read More below for additional information.
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Smurfit Kappa Group plc Q1 2018 Trading Update

First Quarter Overview – Significant year-on-year improvement across all key metrics * Group underlying1 revenue growth of 7% year-on-year * Group EBITDA growth of 22% year-on-year to €340 million * EBITDA margin of 15.7%, significant year-on-year improvement * Increased ROCE of 16.1% * Improved net debt to EBITDA ratio of 2.2x; medium-term target of 1.75x to 2.5x. Click Read More below for additional information.
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LSC Communications Expands Relationship with Workman Publishing to Include End-to-End Order-to-Cash & Digital Content Management Services

LSC Communications announced a multi-year agreement with Workman Publishing that renews and expands the companies’ relationship. In addition to renewing its printing, warehousing, fulfillment and distribution services, LSC will provide Workman with end-to-end Order-to-Cash (“OTC”) services. LSC’s OTC platform includes customer service, order and credit management, invoicing, cash application, and dispute resolution, as well as sales and inventory analysis reporting. Workman will also join LSC’s digital content management platform Harvest, which provides publishers with opportunities to increase ebook sales through online marketplace monitoring, sales analysis & keyword generation. The relationship between Workman and LSC goes back more than forty years. Since 1973, LSC (originally through Banta/RR Donnelley) has been Workman’s largest print vendor, responding with tremendous creativity to Workman’s needs for unusual formats and display ideas. In 1978 it also became Workman’s warehousing and distribution partner. Click Read More below for additional information.
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LSC Communications Reports First Quarter 2018 Results

First quarter net sales were $929 million, up $108 million, or 13.2%, from the first quarter of 2017. After adjusting for acquisitions, changes in foreign exchange rates, pass-through paper sales, and the adoption of new revenue recognition standards, organic net sales decreased 1.7% from the first quarter of 2017 which represents an improvement in the Company’s organic net sales trend. This improvement was driven by sales performance in the Print segment, especially within the book reporting unit, that was more than offset by the impact of customer inventory reductions in the Office Products segment. GAAP Net Income: First quarter 2018 net loss was $11 million, or $0.32 per diluted share, compared to a net loss of $1 million, or $0.02 per diluted share, in the first quarter of 2017. The first quarter 2018 net loss included after-tax charges of $7 million and first quarter 2017 net income included after-tax charges of $5 million, both of which are excluded from the presentation of non-GAAP net income. Click Read More below for additional information.
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Resolute Reports Preliminary First Quarter 2018 Results

The company recorded operating income of $48 million in the quarter, compared to $53 million in the fourth quarter of 2017. Operating results benefitted from the continued positive price momentum across most of our product offerings ($37 million), a decrease in maintenance outages and lower share-based compensation expense. These favorable elements were not sufficient to offset the significant increase in freight costs, seasonally higher energy costs, aggravated by unusually cold weather conditions, an increase in market-based stumpage fees and a decrease in shipments. Sales volumes were lower due to transportation challenges, timing of export sales, seasonally lower demand for supercalendered papers and lower productivity. The operating results in the previous quarter also included a gain on the disposition of assets of our Mokpo (South Korea) paper mill ($13 million). Click Read More below for additional information.
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Metsä Group’s comparable operating result in January–March 2018 was EUR 208 million

January–March 2018 (1–3/2017) *Sales were EUR 1,428 million (1–3/2017: EUR 1,216 million). *Operating result was EUR 208 million (131). Comparable operating result was EUR 208 million (128). *Result before tax was EUR 185 million (130). Comparable result before tax was EUR 185 million (126). *Comparable return on capital employed was 16.6% (12.5). *Cash flow from operations was EUR 34 million (-1). Click Read More below for additional information.
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Metsä Board’s comparable operating result in January–March 2018 was EUR 69 million

January–March 2018 (10–12/2017) • Sales were EUR 492.3 million (451.3). • Comparable operating result was EUR 69.0 million (54.4), or 14.0% (12.0) of sales. The operating result was EUR 69.0 million (54.4). • Comparable earnings per share were EUR 0.15 (0.12), and earnings per share were EUR 0.15 (0.12). • Comparable return on capital employed was 15.8% (12.4). Click Read More below for additional information.
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ANDRITZ GROUP: Results for the first quarter of 2018

Order intake at 1,532.8 million euros (MEUR) reached a very favorable level and was thus only slightly below the high level of the previous year’s reference period (-1.7% versus Q1 2017: 1,560.0 MEUR). The Hydro, Metals, and Separation business areas saw very positive development and were able to achieve – partially significant – increases in order intake compared to the previous year. Sales decreased to 1,291.0 MEUR and were thus 6.9% below the level of the previous year’s reference period (Q1 2017: 1,386.2 MEUR). This is largely due to a decline in sales in Pulp & Paper (a large pulp mill project still had a significant impact on sales in the previous year’s reference period) and Metals (decline in sales due to the low order intake in the second and third quarter of last year). Click Read More below for additional information.
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Aptar Acquires Reboul, An Established and Innovative Leader in Prestige Beauty Packaging

AptarGroup, Inc. announced that as of May 1, 2018, it has acquired Reboul from Vacheron Industries SAS. Reboul is a French leader in the design and industrial production of high-quality metal components, metal-plastic sub-assemblies, next generation lipstick mechanisms, and complete color cosmetic packaging solutions. This strategic acquisition brings to Aptar complementary and distinctive capabilities including deep metal drawing, high speed metal stamping, as well as differentiated lipstick mechanism design and manufacturing. The transaction positions Aptar well to capitalize on growth in the color cosmetics market, while further strengthening its ability to serve customers in the skincare and fragrance markets. Click Read More below for additional information.
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Berry Global Group, Inc. Reports Second Quarter Fiscal 2018 Results

The net sales increase of $161 million from the prior year quarter was primarily attributed to acquisition net sales of $106 million, selling price increases of $59 million due to the pass through of higher resin prices, and a $34 million favorable impact from foreign currency changes, partially offset by a 2% base volume decline. The operating income increase of $13 million from the prior year quarter was primarily attributed to acquisition operating income of $20 million, a $13 million decrease in selling, general and administrative expense due to synergies and cost reductions, a $7 million decrease in depreciation and amortization, and a $5 million favorable impact from foreign currency changes, partially offset by a $22 million negative impact from under recovery of higher cost of goods sold, and a $7 million negative impact from lower base volumes, and a $3 million increase in business integration expenses. Click Read More below for additional information.
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Oil slips as OPEC, Iran worries bump against U.S. output

Oil prices slipped on Thursday as swelling U.S. crude inventories and record weekly U.S. production clashed with OPEC supply cuts and the potential for new U.S. sanctions against Iran. On Wednesday, a report from the U.S. Energy Information Administration (EIA) showed a 6.2-million-barrel jump in U.S. crude inventories C-STK-T-EIA. U.S. oil production rose to a record of 10.62 million bpd, putting it ahead of Saudi Arabia, the biggest OPEC producer. U.S. drilling for new production is also increasing, encouraged by rising prices following OPEC’s production curbs. Click Read More below for additional information.
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Houghton Mifflin Harcourt Announces First Quarter 2018 Results

HMH reported net sales of $220 million for the first quarter of 2018, down $2 million compared to $222 million in the same quarter of 2017. The net sales decrease was driven by a $2 million decrease in our Education segment, partially offset by a slight increase in our Trade Publishing segment. Net loss of $101 million in the first quarter of 2018 was $19 million, or 16%, lower compared to a net loss of $121 million in the same quarter of 2017, due primarily to the same factors impacting operating loss and a favorable change in our tax provision of $9 million, from an expense of $14 million for the same period in 2017 to an expense of $5 million in 2018. Click Read More below for additional information.
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NORPAC to Hire 50 New Employees, Restarts Paper Machine on Limited Basis

With the U.S. uncoated groundwood papers industry starting to see a level playing field against unfairly traded imports, North Pacific Paper Company (NORPAC) CEO Craig Anneberg announced the hiring of 50 new full- and part-time employees and the limited restart of operations for Paper Machine 1 (PM1) idled this past year: "NORPAC has a world-class facility that can compete with anyone in the world on a level playing field. With the recent trade case preliminary determinations made by the Department of Commerce, important steps toward fair competition for American producers, NORPAC is excited to announce the hiring of 50 new employees and the limited restart of operations for Paper Machine 1 at our Longview facility to meet growing demand. Click Read More below for additional information.
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Norbord Reports First Quarter 2018 Results

Norbord Inc. reported Adjusted EBITDA of $170 million for the first quarter of 2018 versus $103 million in the first quarter of 2017 and $204 million in the fourth quarter of 2017. The year-over-year improvement is primarily due to higher North American oriented strand board (OSB) prices and shipment volumes, as well as higher European panel prices. The quarter-over-quarter decrease is due to lower North American OSB price realizations and shipment volumes. North American operations generated Adjusted EBITDA of $156 million compared to $102 million in the same quarter last year and $195 million in the prior quarter. European operations delivered Adjusted EBITDA of $18 million versus $6 million in same quarter last year and $12 million in the prior quarter. Click Read More below for additional information.
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SCA increases prices on publication paper

SCA increases prices on coated publication paper, CMR , and improved uncoated publication paper by 40 Euro per tonne. “We see a substantially stronger demand for publication paper, “ says Ulf Edman Vice President Sales and Marketing Publication Paper. The new prices are valid for all deliveries from July 1 this year.
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Sealed Air Reports First Quarter Results

Net sales of $1.1 billion increased 10% on an as reported basis. Currency had a positive impact on total net sales of 4%, or $36 million. As reported, net sales increased across all regions. Net loss from continuing operations on an as reported basis was $208 million, or $(1.25) per diluted share, as compared to $54 million, or $(0.27) per diluted share, in the first quarter 2017. Net loss in the first quarter 2018 was unfavorably impacted by $293 million of special items, primarily related to $290 million of provisional tax expense for one-time tax on unrepatriated foreign earnings pursuant to the U.S. Tax Cuts and Jobs Act of 2017 ("TCJA"). Click Read More below for additional information.
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Solenis and BASF to Combine Paper and Water Chemicals Businesses

Effective May 2, 2018, Solenis and BASF signed an agreement to combine BASF’s paper and water chemicals business with Solenis to jointly create a customer-focused global specialty chemical company. The combined company intends to operate under the Solenis brand and will be positioned to provide expanded offerings and cost-effective solutions for customers in two specialty chemical businesses: paper technologies and industrial water technologies. “Together, we have a unique opportunity to create a customer-focused global specialty chemical company with an enhanced focus and expanded offerings,” said Solenis President and CEO John Panichella, who will lead the combined company headquartered in Wilmington, Delaware, USA. “I am pleased that our cultures are closely aligned and that our companies share a strong common desire to create value for our customers. Together, as one team of experts, we will continue to strive toward excellence in innovation, sustainability and safety.” Click Read More below for additional information.
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Xerox Reports First-Quarter 2018 Results

Strong start to operating cash flow, at $216 million in the quarter; Continued revenue growth in managed document services and Global Imaging Systems operations; Adjusted operating margin of 10.4 percent, down 0.6 points year-over-year; operating margin, excluding equity income, up 0.5 points; Core operating profit, excluding equity income, grew 5 percent year-over-year. Click Read More below for additional information.
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The New York Times Company Reports 2018 First-Quarter Results

Total revenues for the first quarter of 2018 increased 3.8 percent to $413.9 million from $398.8 million in the first quarter of 2017. Subscription revenues increased 7.5 percent, while advertising revenues decreased 3.4 percent and other revenues increased 5.0 percent. Operating costs increased in the first quarter of 2018 to $378.0 million compared with $368.6 million in the first quarter of 2017, largely due to higher compensation costs, which was partially offset by lower print production and distribution costs. Adjusted operating costs increased to $358.5 million from $348.6 million in the first quarter of 2017. Click Read More below for additional information.
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Quad/Graphics Wins U.S. Bank Credit Card Acquisition Program

Quad/Graphics Inc. announced that it has signed a multi-year, multi-million-dollar contract with U.S. Bank to manage credit card acquisition programs for hundreds of its small and mid-size regional banks. The volume for the U.S. Bank programs is significant: more than 70 million data-driven mailpieces annually. Quad, which began production on the programs earlier this year, is using its state-of-the-art direct mail platform for producing the mailpieces that are hyper-personalized with data elements highly relevant to each individual recipient to increase engagement and inspire action. In addition, Quad will engage its delivery optimization services to lower postage costs, reduce mail handling and cycle times, and offer more predictable, in-home arrival intelligence. Click Read More below for additional information.
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Georgia-Pacific to close mill in Augusta

Georgia-Pacific has announced that the formerly known Augusta Select Tissue mill in Augusta, Canada, would be closing, reports WRBC. The company pinned the mill’s closure on increased competition in the industry and improved performance of other facilities. Some of the equipment will be moved to other units, while other will be sold for scrap. The property will also eventually be sold, according to the company. Click Read More below for additional information.
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Resolute Announces Ratification of Unifor Labor Agreement in Canada

"We are pleased with the support expressed by our employees. The company and the union have invested a great deal of time and resources over the last several years addressing public policy issues facing our company and industry. The collaborative environment we enjoy today is built on mutual trust and transparency," said Yves Laflamme, president and chief executive officer. "Our employees and their union leaders are committed to help keep our Canadian pulp and paper mills competitive, while providing stability for our customers, shareholders, communities and other partners." The collective agreements cover approximately 1,100 hourly employees represented by Unifor at Resolute's Amos, Baie-Comeau, Dolbeau, Gatineau, Kénogami and Saint-Félicien mills in Quebec, and Thunder Bay mill and indefinitely idled Thorold facility in Ontario. The eight operations account for about 40% of the company's total pulp and paper capacity. Click Read More below for additional information.
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Trend Offset Printing and LSC Communications Enter into a Definitive Agreement for Trend to Acquire LSC’s Retail Offset Printing Facilities

LSC Communications and Trend Offset Printing announced today that they have entered into a definitive agreement for Trend to acquire LSC’s retail offset printing facilities. Newspaper inserts, which are traditionally used by retailers to advertise promotional offers, are the main product produced on LSC’s retail offset assets. The agreement is subject to customary closing conditions and is expected to close during the second quarter. Anthony Lienau, Chairman of the Board of Trend Offset, commented, “This acquisition will further Trend’s commitment to the retail sector of our business. Trend Offset is dedicated to providing all clients with great customer service, superior quality and increasing speed to market across all of our plants and platforms. We look forward to providing a smooth transition for customers and employees alike.” Click Read More below for additional information.
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RR Donnelley Reports First Quarter 2018 Results

Net sales in the quarter were $1.71 billion, up $48.9 million or 2.9% from the first quarter of 2017. On an organic basis, consolidated net sales increased 1.3% driven by higher volumes in both segments as well as higher fuel surcharges in Business Services, partially offset by price pressure in Business Services. From a products and services perspective, Packaging, Logistics, Direct Mail and Business Process Outsourcing accounted for most of the increase while Commercial Print was down due to ongoing secular pressure and lower specialty card sales. Gross profit in the first quarter of 2018 was $294.7 million or 17.3% of net sales versus $326.8 million or 19.7% of net sales in the prior year quarter. The favorable impact of volume growth and cost reduction initiatives was more than offset by inflationary increases, primarily in paper and costs of transportation, unfavorable changes in foreign exchange rates, operational inefficiencies due to volume reductions from two clients and modest price pressure. Click Read More below for additional information.
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Quad/Graphics Reports First Quarter 2018 Results

Net sales for the first quarter ended March 31, 2018, were $968 million, representing a 3.1% decrease as compared to 2017. Organic sales declined 5.1% due to ongoing print industry volume and pricing pressures after excluding acquisitions (2.0% impact), pass-through paper sales (-0.2% impact) and foreign exchange (0.2% impact), and is consistent with previous guidance. The Company incurred a net loss of $3.5 million, or $0.07 per share, for the three months ended March 31, 2018, which included a special $22 million non-cash employee stock ownership plan contribution as part of the benefit of tax reform. Net cash provided by operating activities was $2 million for the first quarter 2018, compared to $63 million in the first quarter of 2017, and Free Cash Flow decreased $62 million to a negative $22 million. These variances were primarily due to expected timing differences in 2018 versus 2017 for cash generated from working capital, which will be weighted more towards the fourth quarter. Click Read More below for additional information.
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LSC Communications and RRD Enter into a Definitive Agreement for LSC to Acquire the Print Logistics Component of RRD’s Logistics Business

LSC Communications and R.R. Donnelley & Son’s Company announced that they have entered into a definitive agreement for LSC Communications to acquire the Print Logistics component of RRD’s Logistics business. RRD’s Print Logistics capabilities include a range of logistics services and technologies to optimize the print distribution and mail supply chain, including solutions that drive postal discounts. The acquisition is expected to close in Q3 2018. President of LSC Logistics, George Zengo, commented, “As we continue to strengthen LSC’s logistics solution offering, the combination of RRD’s Print Logistics with our recent acquisitions of Fairrington and The Clark Group greatly expands our national footprint. This gives LSC the natural synergies and scale to improve service and add more value to our current client base, as well as extends our reach deeper into a variety of other industries.” Click Read More below for additional information.
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Printed books have a positive future, a new survey indicates

There is a bright future for printed books, a recent survey finds. According to the results, printed books will continue to be important, relevant, interesting and still very much appreciated compared to e-books and audiobooks. As one of the leading book paper and cover providers, Stora Enso conducted a study with 80 in-depth interviews in 13 countries across Europe, Asia and North America together with research company Opticom International. The aim was to gain a better understanding of the challenges and opportunities regarding book publishing and consumption. Participants included publishers, retailers, printers, merchants and new players such as audio and e-book publishers as well as companies that transfer physical books into digital format. “One of the main findings was that there is a positive future for printed books”, says Essi Lauri, VP, Head of Segment Newsprint & Book, in Stora Enso Paper division. Click Read More below for additional information.
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Better with Less – Design Challenge finalists announced

The international packaging design competition Better with Less – Design Challenge, organised by Metsä Board was created to find new environmentally-friendly and functional packaging solutions for some of the world’s most frequently used and fastest growing types of consumer packages. The competition was launched in November and by the time it closed at the end of March 2018 there had been an impressive 302 design concepts entered from 38 different countries. The competition jury included several renowned packaging design experts who now have selected the following ten finalists: Janne Asikainen - Koepala Cup Pocket™; Jeroen Caelen - Plastic banning toilet roll; Abdullah Cam - Moisture Face Creme Cosmetic Package; Insik Chung - ECO cake tray; Alessandro Grossi - Playing nature; Gerlinde Gruber - Fune - Sushi take-away; Sī Míng Guì - A scarf which can be turned into a hanger; Yukihiro Hozumi - Paperboard pocket tissue case; Pawel Krawczugo - Twist; Iiro Numminen - Stretching inner part. Click Read More below for additional information.
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Allen Press Leads the Way with 19 Printing Awards at PIA GraphEx 2018

Allen Press, Inc. is the recipient of 19 awards from the Printing & Imaging Association of MidAmerica’s 2018 Graphic Excellence Competition (GraphEx). The 19 awards are the most of any company competing in the 2018 GraphEx competition. Of the winning submissions, 9 entries were Best of Category with the 2018 Alaska by Rail Calendar winning a Best of Kansas City Bronze Award and Orchids winning a Division III Silver Award. Click Read More below for additional information.
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Oil Trades Near $68 Before U.S. Stockpile Data, Iran Decision

Futures in New York increased 0.6 percent after a 1.9 percent drop on Tuesday. U.S. crude inventories rose 3.43 million barrels last week, the American Petroleum Institute was said to report. That compares with a 1.23 million-barrel gain in a Bloomberg poll of analysts ahead of Wednesday’s government data. The oil market has priced in a more than 50 percent probability that the U.S. will sanction Iran, according to Standard Chartered Plc. If the API’s stockpiles data is reflected in the government announcement, it would be the biggest build since early March. The industry body was also said to show crude inventories in the American oil-storage hub of Cushing, Oklahoma, rose by 725,000 barrels last week. Gasoline stocks increased by 1.6 million barrels while distillates declined 4.08 million. Click Read More below for additional information.
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Heidelberg presents new Versafire EP high-performance digital printing system

“The new Versafire EP delivers extremely stable production at a constantly high speed,” sums up Marcus Unterleider, Managing Director of the Unterleider Medien Gruppe. The company, based in Rödermark, has been testing the new high-performance digital printing system from Heidelberger Druckmaschinen AG (Heidelberg) for several weeks. The Versafire EP is based on the tried-and-tested platform of the Versafire CP and has been systematically enhanced for the needs of customers in the graphics industry. Like the recently introduced Versafire EV (press released from 20 March 2018), the Versafire EP has been developed for flexible production and maximum performance. Both machine models from Heidelberg feature the Prinect Digital Frontend (DFE) and an intuitive user interface that simplifies prepress work. Click Read More below for additional information.
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Top takeaways from the first European shopping bag summit

Challenges, opportunities and new ways of working were the topics of the day at Europe’s first shopping bag summit, hosted by Mondi. The paper bag industry took an important step towards sustainable innovation when leading shopping bag converters, suppliers and customers came together in Prague on 19 April for Let’s Paper the World 2018 – the first European shopping bag summit, organised by Mondi Group’s Speciality Kraft Paper segment. Participants included global brands Benetton, H&M and REWE Group; bag manufacturers; papermakers and paper associations; ink and glue producers; bag machine manufacturers; and market intelligence leader Mintel. Click Read More below for additional information.
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Shutterfly Announces First Quarter 2018 Financial Results

Net revenues were $199.7 million, a 4% year-over-year increase. Shutterfly Consumer net revenues totaled $152.1 million, a 5% year-over-year decrease which was consistent with the Company's expectations of a mid-single digit decline in the first quarter of 2018 as indicated on prior earnings calls. Shutterfly brand growth was supported by strong performance in Photo Books as well as the Wedding Shop, which was launched in the third quarter of 2017, and was offset by anticipated revenue declines in the non-Shutterfly brands due to the platform consolidation and the brand shutdowns over the course of 2017. Shutterfly Business Solutions net revenues totaled $47.7 million, a 52% year-over-year increase. GAAP operating loss totaled $34.1 million and net loss was $27.2 million or a $0.83 loss per share. Adjusted EBITDA was $7.1 million, a $9.0 million year-over-year increase primarily due to growth in the Shutterfly brand and the benefits of the platform consolidation and restructuring. Click Read More below for additional information.
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Transcontinental Inc. completes the transformational acquisition of Coveris Americas

Transcontinental Inc. is pleased to announce that it has completed the previously announced acquisition of the business of Coveris Americas, a business previously held by Coveris Holdings S.A. Headquartered in Chicago, Illinois, Coveris Americas manufactures a variety of flexible plastic and paper products, including rollstock, bags and pouches, coextruded films, shrink films, coated substrates and labels. Coveris Americas operates 21 well invested production facilities in the United States, Canada, Ecuador, Guatemala, Mexico, the United Kingdom, New Zealand and China. With this Acquisition, TC Transcontinental welcomes 3,100 employees, the majority of whom are located in North America and Latin America. "We could not be prouder of this historical acquisition as we become a North American leader in flexible packaging,” said François Olivier, President and Chief Executive Officer of TC Transcontinental. “We started building our Packaging network only four years ago through a robust acquisition strategy to complement our well established printing and media operations and, today, the acquisition of Coveris Americas marks a major milestone in our continued journey to long-term profitable growth." Click Read More below for additional information.
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Apple’s newest campus includes 9000 trees!

Apple has introduced a new campus called the ‘Apple Park’ in Cupertino, California. It is reported that 80 percent of it will feature landscaping, which is set to include 9,000 trees. The new structure spans about a mile in circumference and is a single ring. The entire facility is powered by renewable energy. Solar panels on the roof generate up to 17 megawatts of power, enough for 75 percent of demand during peak times. The rest of the building’s needs are met by onsite fuel cells powered by biofuel or natural gas. Click Read More below for additional information.
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Resolute Invests close to $13 Million in its La Doré Wood Products Facilities in Quebec

Resolute Forest Products Inc. announced major investments totaling $12,956,700 in its La Doré wood products facilities, located in the Lac-Saint-Jean region of Quebec. The announcement was made during a press conference attended by Quebec Premier Philippe Couillard, as well as dignitaries and company employees. The investments will be used to integrate new technologies into the manufacturing processes in order to sustain the facilities' continuously enhanced performance in an ever-changing competitive environment. Also through these investments, energy efficiency will be improved as operational processes are modernized. Click Read More below for additional information.
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Quad/Graphics Achieves HITRUST CSF® Certification to Manage Risk, Improve Security Posture and Meet Compliance Requirements

HITRUST CSF (Common Certified Framework) certified status demonstrates that Quad/Graphics’ HealthVision™ Solution and the HiCO Environment have met key regulations and industry-defined requirements and are appropriately managing risk. This achievement places Quad/Graphics in an elite group of organizations worldwide that have earned this certification. By including federal and state regulations, standards and frameworks, and incorporating a risk-based approach, the HITRUST CSF helps organizations address these challenges through a comprehensive and flexible framework of prescriptive and scalable security controls. Click Read More below for additional information.
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1-800-FLOWERS.COM, Inc. Reports Results for Its Fiscal 2018 Third Quarter

For the third quarter of 2018, total revenues increased 2.1 percent to $238.5 million compared with $233.7 million in the prior year period. On a comparable basis1 (adjusted for the sale of Fannie May Confection Brands, which closed on May 30, 2017) total revenues increased 10.2 percent. Comparable revenue growth was driven primarily by strong revenue growth of 8.9 percent in the Company’s Consumer Floral segment, combined with growth of 15.5 percent (adjusted for the sale of Fannie May) in the Company’s Gourmet Foods and Gift Baskets segment. Comparable revenue growth benefited from the shift of the Easter holiday into the period. Gross profit margin for the quarter was 39.2 percent, compared with 40.0 percent in the prior year period. Comparable gross profit margin for the prior year was 39.9 percent. Click Read More below for additional information.
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Domtar Corporation Reports Preliminary First Quarter 2018 Financial Results

Domtar Corporation reported net earnings of $54 million ($0.86 per share) for the first quarter of 2018 compared to a net loss of $386 million ($6.16 per share) for the fourth quarter of 2017 and net earnings of $20 million ($0.32 per share) for the first quarter of 2017. Sales for the first quarter of 2018 were $1.3 billion. "We continued to see strong price momentum for our products in the first quarter with higher price realizations in both of our pulp and paper businesses," said John D. Williams, President and Chief Executive Officer. "Despite improved results, some of our operations were adversely affected by severe weather, notably in our pulp business, which impacted production and costs. Constrained availability of trucking options also contributed to higher than expected freight costs in the first quarter. Nevertheless, the short-term outlook for pulp and paper markets continues to be favorable." Click Read More below for additional information.
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EFI Reports Record First Quarter Revenue For Q1 2018

For the quarter ended March 31, 2018, the Company reported record first quarter revenue of $239.9 million, up 5% compared to first quarter 2017 revenue of $228.7 million. GAAP net loss was $3.6 million compared to GAAP net income of $4.8 million for the same period in 2017 or $(0.08) per diluted share compared to $0.10 per diluted share for the same period in 2017. Non-GAAP net income was $17.2 million, down 33% compared to non-GAAP net income of $25.8 million for the same period in 2017 or $0.38 per diluted share, down 31% compared to $0.55 per diluted share for the same period in 2017. Cash flow from operating activities was $6.3 million compared to $14.9 million during the same period in 2017. Click Read More below for additional information.
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Asia Pulp & Paper Achieves Gold Rating in EcoVadis CSR Assessment

Asia Pulp & Paper (APP) announced that it has achieved a gold rating from EcoVadis, the global leader in sustainability assessments, for its continued commitment to corporate social responsibility (CSR) throughout its business operations. This achievement places the company in the top five percent of organizations rated. This is the second time APP has received this recognition from EcoVadis. The rating is based on anextensive assessment of four key areas in APP’soperations in Indonesia and China – Environment; Labor Practice and Human Rights; Sustainable Procurement; and Fair Business Practices. Click Read More below for additional information.
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New Magazine to Launch from Bauer Media’s Real-Life Portfolio

SIMPLY YOU will offer 40+ women inspirational REAL-life stories and practical tips for self-improvement. The team behind Bauer Media’s best-selling real-life magazines Take a Break and that’s life are to launch a new title. Simply You, on sale on 3 May, will feature a unique mix of inspirational and engaging real-life stories, practical advice, cost-saving tips, health advice and high-street buys. Initially, Simply You will be published monthly from May as part of a three-month trial to establish the title in the marketplace. Click Read More below for additional information.
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Oil Slides While Traders Await Trump Decision on Iran Accord

Futures in New York dropped as much as 1.1 percent after rising 0.5 percent earlier. Israeli Prime Minister Benjamin Netanyahu said his country has documents that prove Iran had a program to build atomic bombs. That’s raising concern Trump may pull the U.S. out of a nuclear accord between Iran and world powers, a move that energy consultant FGE says could cut the Persian Gulf nation’s 2019 oil exports by 700,000 barrels a day. FGE Chairman Fereidun Fesharaki said Trump is likely to restore sanctions on Iran, meaning buyers would have to cut their crude purchases from the country in 180 days. The nation’s exports could drop by 200,000 to 500,000 barrels a day this year, leading to higher oil prices, he said. Click Read More below for additional information.
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Introducing VIVO ColourPortal and VIVO ColourCloud

VIVO Colour Solutions, Flint Group’s Paper & Board division is proud to be the first ink supplier to offer a cutting edge end to end integrated press room digital colour management service. Adding to this platform, Flint Group announces the launch of VIVO ColourPortal and VIVO ColourCloud. VIVO ColourPortal provides a fast, structured, and professional communication interface between the customer and Flint Group’s Global Colour Centre (GCC). The GCC delivers a centralised colour service supporting a comprehensive range of colour related requests. Services range from individual colour matching and DigiSwatch creation, to group wide, multi-site, colour mapping and private colour cloud management projects. VIVO ColourPortal is how 21st century customers communicate with colour experts. Click Read More below for additional information.
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Four Publishing Trade Groups Criticize Google’s Ad Policy Change in Letter to CEO

As a response to Google’s announced ad policy change for publishers on April 26, created in accordance with the European Union’s General Data Protection Regulation (GDPR) that goes into effect May 25, four publishing trade groups released a letter addressed to Sundar Pichai, Google CEO, that criticizes the demands placed on publishers as well as the lack of information provided by the company in their policy change. Top executives from Digital Content Next, European Publishers Council, News Media Alliance and News Media Association, representing publishers like Hearst, Conde Nast and National Geographic, expressed the concerns they share about the regulations placed on publishers who wish to continue using Google’s advertising services in the European Union. The three areas highlighted in the letter that pose the most concern and create uncertainty for the trade groups are Google’s Controller Terms, responsibility of obtaining legal consent, and the complete placement of liability of said consent on the publisher and not on Google. Click Read More below for additional information.
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Glatfelter Reports First Quarter 2018 Earnings

Glatfelter reported first quarter of 2018 net income of $5.7 million, or $0.13 per diluted share compared with $11.6 million, or $0.26 per diluted share in the first quarter of 2017. Adjusted earnings for the first quarter of 2018 were $8.6 million, or $0.19 per diluted share compared with $17.2 million, or $0.39 per diluted share for the same period a year ago. Consolidated net sales totaled $410.6 million and $390.7 million for the three months ended March 31, 2018 and 2017, respectively. Foreign currency translation favorably impacted the year-over-year comparison by $21.8 million. On a constant currency basis, Composite Fibers’ net sales were essentially flat and Advanced Airlaid Materials’ increased by 7.8%. Specialty Papers’ net sales declined 3.1% in the year-over-year comparison. Click Read More below for additional information.
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GreeNest egg packaging comes to the U.S.

Huhtamaki’s innovative GreeNest® egg packaging, using 50 percent grass fibers, is now available in the United States. In partnership with Sauder’s Eggs, Huhtamaki has introduced an environmentally conscience egg package nearly as natural as Sauder’s Pasture Raised Eggs themselves. Our GreeNest® line of molded fiber egg packaging provides the same protection as traditional molded fiber egg packaging, while being both home and commercially compostable. Customers will be able to actually see and feel the grass fibers on the surface of the packaging, reinforcing brands who value sustainability. It all comes together with a patented production technology that produces a completely natural product made from grass collected in nature reserves. The process also reduces the carbon footprint of production by 10 percent while consuming less recovered paper. Click Read More below for additional information.
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LEIPA on its way to market leadership in White Top Testliner business

After first “paper on reel” on March 31st, LEIPA will soon complete the startup period of its PM 5 and begin supplying customers with uncoated White Top Testliner from PM 5. LEIPA Group CEO Peter Probst: “We look forward to growing successfully with our customers and partners. The demand for White Top Liner remains consistently high and the trend is rising. Prices are at a high level as well. These factors result in excellent conditions for the market launch of the PM 5.” As an international market leader LEIPA will have developed a one-stop shop for their customers with the PM 3 and PM 5, offering an annual total capacity of 700,000 tons of coated and uncoated White Top Testliner. Click Read More below for additional information.
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Sappi North America Launches Groundbreaking Retrospective Collection, The Reflected Works, at HOW Design Live

Sappi North America announced a new addition to The Reflected Works, an educational collection showcasing the creative marketing campaigns of S.D. Warren Company, which Sappi Limited acquired in 1994. The collection originally consisted of three printed booklets and online archives, each showcasing a different area of marketing expertise, and was recently expanded to include additional work from notable designer W.A. Dwiggins. The collection demonstrates Sappi's creative leadership since 1854 as the S.D. Warren Company. Featuring various S.D. Warren advertisements, educational pieces and promotions from 1910 – 1969, the series provides a comprehensive look at how the industry has changed over the past century, as well as how it has stayed the same. Click Read More below for additional information.
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HBG Makes Strides in Hitting Environmental Goals

Hachette Book Group has been one of the most steadfast publishers in reporting its annual progress on meeting its environmental goals—and late last week, the company reported it had made steady, if small, gains towards its targets. During 2017, HBG reduced its carbon footprint by 2%, slightly below its annual reduction goal of 2.5% for the 2017 to 2020 period. The company noted that expansion at the publisher—which included the integration of Perseus, the growth in title output, and the growrth in number of employees and office locations—had played a role in the slight miss of the 2.5% carbon reduction goal. Click Read More below for additional information.
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AMPCo and Wiley Announce New Publishing Partnership

John Wiley and Sons Inc., announced its partnership with The Australasian Medical Publishing Company Pty Ltd (AMPCo) to publish the Medical Journal of Australia (MJA). The MJA is produced by AMPCo, a wholly owned subsidiary of the Australian Medical Association (AMA) — the most influential membership organisation representing registered medical practitioners and medical students of Australia. In the top 20 general medical journals globally, the MJA is the leading general medical journal in the Asia–Pacific region. The MJA covers issues surrounding Australian health care, clinical research and practices and developments within medicine. Wiley will assume online publishing and distribution responsibilities in January 2019. The partnership will provide institutional customers with access to the MJA via the Wiley Online Library platform. Click Read More below for additional information.
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Heeter Achieves Sustainability Certification with SGP

The Sustainable Green Printing Partnership (SGP), the leading authority in sustainable printing certifications for print manufacturers, announced today Heeter has achieved SGP certification. Heeter is a service leader among single-source providers of complex print, direct mail, fulfillment and digital marketing to the casino, healthcare, pharmaceutical, retail and education industries. They focus on delivering marketing communications reliably and securely. Heeter offers innovative print solutions, advanced technology, and cost-effective distribution methods to a multitude of diverse clients. Click Read More below for additional information.
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Huhtamaki acquires the majority of an Australian foodservice packaging distributor

Huhtamaki has acquired the majority of Tailored Packaging, an Australian foodservice packaging distribution and wholesale group. With the acquisition Huhtamaki gains access to a national network of distribution centers across Australia, allowing it to serve its customers even better and with more agility. Tailored Packaging is a national foodservice packaging distribution and wholesale group, founded in Sydney in 2001 and having sales offices and distribution centers in each state of Australia. Tailored Packaging employs app. 130 people and is one of the largest importers and distributors of foodservice packaging in Australia. Click Read More below for additional information.
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Euro-Graph Reports Statistics of European Graphic Papers Industry

Total European shipments of graphic papers in February 2018 were down 3.7% vs. February 2017 and are down 2.7% year-to-date. Total European shipments of newsprint in February 2018 were down 9.0% vs. February 2017 and are down 7.1% year-to-date. Total European shipments of sc-magazine in February 2018 were down 5.2% vs. February 2017 and are down 7.8% year-to-date. Total European shipments of coated mechanical reels in February 2018 were UP 2.6% vs. February 2017 and are UP 4.6% year-to-date. Total European shipments of uncoated mechanical (improved & others) in February 2018 were UP 9.9% vs. February 2017 and are UP 12.3% year-to-date. Total European shipments of coated woodfree in February 2018 were down 7.6% vs. February 2017 and are down 4.4% year-to-date. Total European shipments of uncoated woodfree in February 2018 were down 3.5% vs. February 2017 and are down 4.4% year-to-date. Click Read More below for additional information.
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Oil Pares Monthly Gain as U.S. Rigs Counter Iran-Deal Risk

Futures in New York are up 3.7 percent this month, even after a 1 percent drop on Monday, following data that showed an increase in U.S. drilling activity. A potential withdrawal in May by U.S. President Donald Trump from a 2015 nuclear deal between world powers and Iran would reimpose sanctions on the Middle Eastern producer and curb its exports. Meanwhile, OPEC is trimming output even after concluding it has cleared 97 percent of the surplus that has weighed on prices. “Obviously the rig count that came on Friday was quite bearish,” says Torbjorn Kjus, chief oil analyst at DNB Bank ASA. “There’s a lot of profit in the books here for the non-commercials. You shouldn’t be surprised if there’s a $5 flush out and some profit taking.” In the U.S., working oil rigs rose by five last week to 825, the highest level since March 2015, according to data from Baker Hughes. Click Read More below for additional information.
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PRC Evaluates USPS 2017 Performance and 2018 Performance Plan

The Postal Regulatory Commission (Commission) issued its analysis of the United States Postal Service (Postal Service) fiscal year (FY) 2017 Annual Performance Report and FY 2018 Performance Plan. Each year, the Commission must review the Postal Service’s performance goals, evaluate whether the Postal Service met those goals in the previous fiscal year, and offer recommendations regarding the protection or promotion of public policy objectives. The Commission’s review finds that, for the first time, the Postal Service’s FY 2018 Plan complies with legal requirements, and the FY 2017 Report meets most of the requirements. The report further provides an in-depth evaluation of the Postal Service’s four performance goals: 1) High-Quality Service, 2) Excellent Customer Experiences, 3) Safe Workplace and Engaged Workforce, and 4) Financial Health, which either did not meet or only partially met FY 2017 targets. Click Read More below for additional information.
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Tetra Pak to Develop Paper Straws for Its Portion-size Carton Packages

Tetra Pak aims to launch a paper straw that is suitable for its portion-sized carton packages before the end of the year, as part of a broader programme to help address the issue of plastic straw waste. Straws play an integral functional role on portion packages, but if not properly disposed of, they then become part of the plastics waste problem. The company has been working to encourage consumers to push straws “back in the pack” once empty, so they can be collected along with the rest of the package. Now, work is under way to develop a paper straw that is suitable for use on its portion-size carton packages. Click Read More below for additional information.
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Millennials, Small Business Owners Favor Professionally Printed Materials

A new survey released by FedEx Office, a leading provider of printing, packing and shipping services and a subsidiary of FedEx Corp., shows that consumers and small business owners find comfort and prefer tangible, printed materials, despite an increasingly digital and on-demand society. More than nine in 10 consumers agreed there will always be a need for printed materials, with almost half (49 percent) of those surveyed saying a world without paper would make them feel stressed or annoyed. In the survey, FedEx Office explored the opinions of consumers and small business owners to learn more about their preferences and purchasing habits regarding professional printing services. Click Read More below for additional information.
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TC Media sells its 30 publications in the Montréal and Québec City areas

Transcontinental Inc.’s Media Sector, TC Media, announced the sale of 30 publications, including 21 weeklies in the Montréal area, the Métro Montréal weekday newspaper, as well as 8 publications in the Québec City area to a Canadian corporation of which Mr. Michael Raffoul, a Montréal-based businessman, is President. The transaction includes all web properties related to the titles sold as well as the Québec Hebdo website. In total, 119 employees of the various publications and 20 employees from TC Media’s Production team are transferred to the acquirer. TC Transcontinental also concluded a multi-year agreement for the printing of all of these titles, as well as for the distribution, with the exception of Métro Montréal, which is already under contract with Mr. Raffoul’s print media distribution company. In addition to the Métro Montréal newspaper, the Montréal-area publications included in this transaction are: Ambiance/Rendez Vous, L’Avenir de l’Est, Cités Nouvelles, Courrier Ahuntsic, Courrier Bordeaux-Cartierville, Corriere Italiano, L’Express d’Outremont – L’Express Mont-Royal, Le Flambeau Mercier-Anjou, Le Guide Montréal-Nord, Le Magazine de l’Île-des-Soeurs, L’Informateur de Rivière-des-Prairies, Journal de Rosemont, Messager Lachine & Dorval, Le Messager LaSalle, Le Messager Verdun, Nouvelles Hochelaga-Maisonneuve, Les Nouvelles Saint-Laurent News, Le Plateau, Progrès Saint-Léonard, Villeray–Parc-Ex Petite Patrie and La Voix Pop. For the Québec City area: L’Actuel, L’Appel, L’Autre Voix, Beauport Express, Charlesbourg Express, Le Jacques-Cartier, Journal Habitation and Le Québec Express, as well as the Québec Hebdo website. Click Read More below for additional information.
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Publishers Welcome 2018 USTR Special 301 Report Addressing Copyright Protection and Enforcement Issues

The Association of American Publishers (AAP) welcomes the release of the 2018 Special 301 Report by the Office of the U.S. Trade Representative (USTR). The Report highlights key markets in which publishers have significant copyright concerns and face market-access barriers. The Report is a critical tool for policymakers to identify barriers that impede the ability of U.S. copyright owners to compete in foreign markets. The Report notes that the U.S. “remains deeply troubled by the ambiguous education-related exception to copyright that has significantly damaged the market for educational publishers and authors.” This overbroad fair dealing exception for education has led to systematic, uncompensated copying and confusing guidance to courts. Reform is necessary to instill balance into the law and ensure that authors and publishers are appropriately compensated for the use of their works. Click Read More below for additional information.
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McClatchy Reports First Quarter 2018 Results

Total revenues in the first quarter of 2018 were $198.9 million, down 10.1% compared to the first quarter of 2017. Headwinds that impacted advertising included continued declines in print advertising and difficulties faced in retail advertising. Total advertising revenues were $99.9 million, down 16.7% in the first quarter of 2018 compared to the first quarter of 2017. Digital-only advertising revenues grew 21.6% and total digital advertising revenues were up 7.6% over the same period in 2017. Adjusted net loss, which excludes the items above, was $20.3 million. Adjusted EBITDA was $17.4 million, down 24.5% compared to the first quarter last year. Operating expenses were down 10.6% while adjusted operating expenses, which exclude non-cash and certain other charges, were down 8.4% compared to the same quarter last year. Click Read More below for additional information.
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Resolute’s 2017 Annual and Sustainability Report Now Available

Resolute reports on business and sustainability results together – an approach that reinforces our vision that profitability and sustainability drive our future. The 2017 Annual and Sustainability Report features three principal components. The Economic section outlines our corporate business and sustainability strategies, the Environmental section includes updates on our sustainability performance; and the Social section provides insight into our continuous efforts to be a better employer, a stronger business partner, and even more deeply engaged in the communities in which we live and work. I invite you to learn more about Resolute’s rewarding culture by reading the online version of our 2017 Annual and Sustainability Report. Click Read More below for additional information.
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Discover Financial Services Reports First Quarter Net Income of $666 Million or $1.82 Per Diluted Share

First Quarter Highlights • Total loans grew $6.9 billion (9%) from the prior year to $82.7 billion. • Credit card loans grew $5.8 billion (10%) to $65.6 billion, on Discover card sales volume of $30.9 billion. • Total net charge-off rate, excluding purchased credit-impaired ("PCI") loans, increased 48 basis points from the prior year to 3.17% and the total 30+ day delinquency rate excluding PCI loans increased 26 basis points from the prior year to 2.23%. • Consumer deposits grew $4.2 billion (11%) from the prior year to $41.3 billion. • Payment Services transaction dollar volume was $56.1 billion, up 19% from the prior year. Click Read More below for additional information.
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WestRock Reports Strong Fiscal 2018 Second Quarter Results

Second Quarter 2018 Highlights •Earned $0.86 per diluted share and $0.83 of adjusted earnings per diluted share compared to $0.40 per diluted share and $0.54 of adjusted earnings per diluted share in the prior year quarter, up 115% and 54%, respectively. •Segment EBITDA increased $122 million, or 22%, compared to the prior year quarter. •Corrugated Packaging Segment EBITDA increased 39% compared to the prior year quarter. The segment delivered a Segment EBITDA margin of 18.9% and a North American Adjusted Segment EBITDA margin of 20.5%, up 410 and 460 basis points, respectively, compared to the prior year quarter. •Pulp & Paper Week published North American price increases across all of WestRock’s major grades, including containerboard, SBS, CNK, CRB and URB. •Achieved $64 million in year-over-year productivity and a run rate of $975 million of synergy and performance improvements since the creation of WestRock.. Click Read More below for additional information.
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Stora Enso Interim Report January–March 2018

Q1/2018 (year-on-year) · Sales increased by 3.3% to EUR 2 579 (2 497) million, primarily due to favourable prices and the ramp-up of strategic investments. · Operational EBIT increased 72% to EUR 369 (215) million as announced on 13 April, mainly due to favourable prices and mix optimisation combined with continued successful ramp-ups of the strategic investments. · The operational EBIT margin was 14.3% (8.6%), the highest for any quarter since 2001. · EPS was EUR 0.35 (0.14). EPS excl. IAC increased to EUR 0.35 (0.17). · Balance sheet strengthened further and net debt was reduced by EUR 485 million; the net debt to operational EBITDA ratio improved to 1.3 (1.9). Click Read More below for additional information.
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Suzano Pulp and Paper announces its 1Q18 Earnings

1Q18 HIGHLIGHTS • Strong Results: Adjusted EBITDA² of R$1.5 billion and ROIC of 17.4% • Solid performance in the pulp segment: Adjusted EBITDA²/ton of R$ 1,467/ton (+ 103% vs. 1Q17) • Lower cash costs in LTM: R$573/ton, down 5.3% from LTM 1Q17 • Implementation of price increase and recovery of paper segment: Adjusted EBITDA²/ton of R$ 855/ton (+22% vs. 1Q17) • Investments: announcement of the combination with Fibria’s assets • Tissue: integration of operations with Facepa and segmented results as from 2nd half of 2018 • Financial Solidity: reduction in net debt, with leverage ratio of 1.7x Net Debt/ Adjusted EBITDA (in BRL and USD). Click Read More below for additional information.
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Amazon.com Announces First Quarter Sales up 43% to $51.0 Billion

Net sales increased 43% to $51.0 billion in the first quarter, compared with $35.7 billion in first quarter 2017. Excluding the $1.6 billion favorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 39% compared with first quarter 2017. Operating income increased 92% to $1.9 billion in the first quarter, compared with operating income of $1.0 billion in first quarter 2017. Net income was $1.6 billion in the first quarter, or $3.27 per diluted share, compared with net income of $724 million, or $1.48 per diluted share, in first quarter 2017. Click Read More below for additional information.
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Aptar Reports First Quarter Results

First Quarter Summary • Reported sales increased 17%, including the positive effect of currency rates (+10%) • Core sales, excluding currency effects, rose 7% driven by growth in each business segment • Reported net income (8% of net sales) increased 14% to $59 million • Adjusted EBITDA (19% of net sales) increased 17% to $134 million • Reported earnings per share grew 14% to $0.92 and included costs associated with our business transformation ($0.07 per share) • Adjusted earnings per share of $0.99 compared to prior year reported earnings per share of $0.81 (+22%) and to prior year currency adjusted earnings per share of $0.90 (+10%) • Business transformation progressing as planned. Click Read More below for additional information.
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Oil Steadies as Traders Weigh Impact of Korea Summit, Iran Deal

Futures in New York slipped 0.4 percent, on course for a 0.7 percent drop this week. French President Emmanuel Macron earlier this week predicted President Donald Trump will exit the Iran agreement, while U.S. Defense Secretary Jim Mattis said Thursday a decision on a withdrawal hasn’t been made. North Korean leader Kim Jong Un and South Korean President Moon Jae-in agreed to finally end seven decades of hostile relations this year. Oil this month touched the highest level in more than three years as speculation swirled over the potential breakup of the nuclear accord that Iran signed with world powers in 2015. The deal had lifted sanctions on the Islamic Republic, enabling it to boost oil production by about 1 million barrels a day. Investors are also watching global inventories amid signs that production cuts by the Organization of Petroleum Exporting Countries and its allies could continue to deepen while American output soars. Click Read More below for additional information.
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S&P Global Reports First Quarter Results

U.S. revenue increased 1% and international revenue, led by gains in EMEA and Asia-Pacific, increased 10%. International represented 44% of first quarter revenue. With the exception of U.S. public finance, every major ratings sector delivered revenue growth with the largest gain in structured products. Operating profit increased by 9% to $408 million. The operating profit margin improved 220 basis points to 55% compared to the first quarter of 2017. Adjusted operating profit increased 8% to $408 million. The adjusted operating profit margin improved 190 basis points to 55%. Click Read More below for additional information.
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Spectrum Printing & Graphics Joins Two Sides

“We welcome Spectrum Printing & Graphics to the growing Two Sides network and look forward to working with them to promote the unique sustainable features of print and paper. Our membership now includes several commercial printers from family-owned businesses to large operations – they have been instrumental in educating their stakeholders about the great environmental story of print,” said Two Sides North America President, Phil Riebel. "Getting the facts straight about the positive story that the paper and printing industries have related to the environment and the economy is very important to us – it has been misunderstood for years. We are excited to help Two Sides convey an accurate message to the marketplace, our customers, employees and vendors," says Andrew Berman, President, Spectrum Printing & Graphics.
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International Paper Reports First Quarter 2018 Earnings

Printing Papers operating profits in the first quarter of 2018 were $64 million versus $136 million in the fourth quarter of 2017. In North America, the benefits from increased sales prices and a favorable mix were more than offset by higher planned maintenance outages and higher input costs related to transportation and energy. In Brazil, seasonally lower sales volumes and an unfavorable geographic and product mix exceeded the benefits from higher sales price realizations. In Europe and Russia, earnings decreased due to higher planned maintenance outage costs, higher input costs and lower sales volumes, partially offset by improved pricing. Industrial Packaging operating profits in the first quarter of 2018 were $437 million ($464 million excluding special items) compared with $609 million ($614 million excluding special items) in the fourth quarter of 2017. In North America, strong demand in box and export containerboard markets, along with price realization, were more than offset by seasonally lower sales volume, production constraints due to weather related disruptions and maintenance outage costs. Click Read More below for additional information.
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LSC Communications Awarded Multi-Year Book Publisher Services Agreement with Taylor & Francis Group

LSC Communications has embarked on a new strategic relationship with international academic publisher Taylor & Francis Group, a division of Informa plc, to provide print, fulfillment and distribution services. According to Dave McCree, President of Book Sales at LSC Communications, “We are very excited about the opportunity to work with Taylor & Francis. LSC has been diligently focused on creating a scalable, customizable and fully integrated supply chain model for publishers that brings efficiencies to the next level, and we will continue to innovate new ways to support Taylor & Francis and our other global publishing clients.” Click Read More below for additional information.
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Bemis Company Reports First Quarter Results

U.S. Packaging net sales of $666.0 million for the first quarter of 2018 represented an increase of 2.6 percent compared to the same period of 2017. The increase in net sales was driven primarily by sales price and mix partially offset by lower unit volumes of approximately 1 percent. Lower unit volumes were driven by the Company’s planned shutdown of its Shelbyville, Tennessee facility. U.S. Packaging operating profit increased to $87.2 million in the first quarter of 2018, or 13.1 percent of net sales, compared to $83.5 million, or 12.9 percent of net sales, in 2017. The increase in U.S. Packaging operating profit was driven by improved operations and cost savings from the Company’s Agility plan. Click Read More below for additional information.
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UPM continues to grow in the global label paper business

As the world leader in label papers, UPM continues to grow in the attractive release liner segments to support its customers globally. Steady growth is expected to continue in all markets driven by favourable economic conditions and strong increase in specialty paper demand for labelling, packaging and e-commerce as well as in medical and hygiene applications. To strengthen its position UPM will rebuild paper machine 2 at its Nordland mill in Dörpen, Germany and convert it from fine paper to glassine paper production. The machine will be equipped with new finishing equipment and starts producing glassine paper as of Q4 2019. The planned capacity after the rebuild will be 110,000 tonnes per year. The total investment in Nordland is EUR 116 million. The production of woodfree papers on PM2 in Nordland will continue until Q3 2019 and the machine will be producing both glassine and woodfree paper during the ramp-up phase. Click Read More below for additional information.
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UPM Paper ENA to be renamed UPM Communication Papers

UPM Paper Europe and North America (ENA) business area will be renamed UPM Communication Papers as of 26 April 2018. The new name underlines the industry focus and global reach of the business area. It further highlights UPM's long-term commitment to sustaining its global graphic paper business, building on the view that paper will continue to be an important part of the media mix in the publishing industries and business communication. UPM Communication Papers is a world leading producer of graphic papers, offering an extensive product range for advertising and publishing as well as home and office uses. We serve our customers through a global sales network providing quality papers, strong services and an integrated supply chain. Our papers are produced in 15 paper mills in Austria, Finland, France, Germany, the UK and the USA. Click Read More below for additional information.
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UPM Interim Report Q1/2018: UPM continues to grow earnings – Strong customer demand in all businesses

Q1 2018 highlights •Comparable EBIT increased by 17% to EUR 355 million (305 million in Q1 2017). •Sales prices increased in all business areas, outweighing the impact of higher input costs and unfavourable currencies. •Operating cash flow was EUR 208 million (396 million), including an increase in working capital. •Net debt decreased to EUR 41 million (807 million). Click Read More below for additional information.
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AF&PA: Senate Confirmation of USTB Nominees Critical to Advancing Overdue Freight Rail Reform

Underscoring the need for long-overdue freight rail reform, American Forest & Paper Association (AF&PA) President and CEO Donna Harman urged the United States Senate to quickly confirm the nominations of Patrick Fuchs and Michelle Schultz to the U.S. Surface Transportation Board. The Senate Committee on Commerce, Science and Transportation approved the nominations on Wednesday, April 25. “As one of the largest manufacturing sectors in the nation, the paper and wood products industry relies on the nation’s rails to move millions of tons of materials to production mills and final markets. Revoking the outdated commodity exemption policy and addressing harmful service failures and higher pricing will help ensure the accessibility of effective, streamlined and competitive rail service to our companies all rail customers. We thank the committee for its approval and urge the Senate to quickly confirm Mr. Fuchs and Ms. Schultz.”
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Bertelsmann Strengthens its Education Business in Brazil

Bertelsmann continues to expand its educational activities in Brazil: The international media, services and education group is now the majority stakeholder in Affero Lab, having acquired the shares of the remaining founders of the Brazilian training company. IFC, a member of the World Bank and ALAC, a fund managed by IFC Asset Management Company, will remain minority shareholders. The partners have agreed not to disclose the financial details of the deal. Affero Lab is the biggest player in Brazil’s corporate training sector and offers digital solutions for learning as well as classroom-based and blended training solutions for companies. Around 500,000 people use its services every year. The company employs approximately 450 people mainly in São Paulo and Rio de Janeiro. Bertelsmann had already acquired around 40 percent of the shares in Affero Lab in 2015 and is now increasing its stake in a second step. Click Read More below for additional information.
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Houghton Mifflin Harcourt Teams Up With City Year to Launch HMH Classroom Corps; Connecting Employees, Students and Teachers Nationwide

Global learning company Houghton Mifflin Harcourt (HMH) announced today a partnership with education nonprofit City Year to launch HMH Classroom Corps, a unique multi-tiered program that provides employees with opportunities to connect with teachers and students in schools across the United States. Part of the company’s Corporate Social Responsibility program, HMH Classroom Corps will connect employees with local City Year chapters to host Learning Forums—interactive events focused on helping students build literary and math skills through hands-on activities. In March, HMH employees across three offices participated in the inaugural Learning Forums at P.S. 75 School of Research and Discovery in New York City, the Lake View YMCA in Chicago, and the Curtis Guild Elementary School in Boston. Volunteers guided elementary school students through literacy and STEM activities, including assembling geometric shapes using marshmallows and toothpicks, conducting volcano experiments, and performing short plays from HMH’s Readers’ Theater collection. Each student was able to select from hundreds of donated HMH books to take home. Click Read More below for additional information.
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Orchids Paper Products Company Announces First Quarter 2018 Results

The company reported net sales of $48.2 million in the first quarter of 2018, up 36.5% compared to the year-ago period. Converted product sales were $43.6 million, a year over year increase of 32.7%, and parent roll sales were $4.6 million, up 86.8% over the first quarter of 2017. The increase in converted product sales was a result of the company ramping new customer volume at the Barnwell facility. Parent roll growth was driven by an increase in the volume of excess parent rolls sold from Barnwell. Orchids had a first quarter operating loss of $1.0 million in 2018 and a loss of $0.9 million in the first quarter of 2017. The increase in the operating loss was driven by SG&A increasing to $3.6 million in the first quarter of 2018, up $1.0 million from $2.6 million in the year-ago period. Click Read More below for additional information.
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E-book Sales Fell 10% in 2017

Unit sales of traditionally published e-books fell 10% in 2017, compared to 2016, according to figures released by PubTrack Digital, part of the NPD book group. The service, which tracks sales from about 450 publishers, said e-book unit sales hit 162 million last year, down from 180 million units in 2016. NPD reported that combining print sales from its BookScan service with PubTrack digital sales, e-books accounted for 19% of total units (both print and digital) last year, down from 21% in 2016. The top selling e-book among the trade publishers, it reported, was The Handmaid's Tale published by Houghton Mifflin Harcourt. Click Read More below for additional information.
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SCA Interim Report Q1 2018

JANUARY 1 – MARCH 31, 2018 (compared with the year-earlier period) •Net sales increased 11% to SEK 4,400m (3,972). Sales growth was mainly related to higher prices in the industrial units. •EBITDA rose 47% to SEK 1,175m (797). The improvement in EBITDA was mainly related to higher prices in Wood, Pulp and Kraftliner, and an improved market and product mix. •EBITDA margin increased to 26.7% (20.1) •Earnings per share amounted to SEK 1.00 (0.52) •Operating cash flow, which excludes strategic capital expenditures, rose to SEK 591m (85). Strategic capital expenditures amounted to SEK 634m (515) and relates to the Östrand investment which proceeds according to plan. Click Read More below for additional information.
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UPS Delivers 1Q 2018 EPS Of $1.55, Up 17%

For the total company in 1Q 2018: ◦Total revenue increased 10% to $17.1 billion, on strong demand for UPS solutions. ◦Average yield increased by 4.3%, led by International and U.S. Deferred Air products. ◦UPS rewarded shareowners by increasing dividends per share by nearly 10% over the prior year, and distributing $840 million during the quarter. ◦To support investment strategies the company made capital expenditures of $1.5 billion. ◦The lower effective tax rate reflects a more competitive U.S. tax structure, some discrete tax items and includes the impact of share-based compensation. Click Read More below for additional information.
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Deluxe Reports First Quarter 2018 Financial Results

First Quarter 2018 Highlights • Revenue increased 0.8% year-over-year, driven by Small Business Services growth of 2.7% which includes the results of several small tuck-in acquisitions. Financial Services revenue was flat compared to the prior year. • Gross margin was 61.6% of revenue, compared to 63.2% in the first quarter of 2017. The impact of product and service mix and increased delivery and material costs this year, as well as acquisitions, was only partially offset by previous price increases and continued improvements in manufacturing productivity. • Operating income increased 3.2% year-over-year. Adjusted operating income, which excludes restructuring, integration and transaction costs, as well as asset impairment charges, in both periods, increased 0.9% year-over-year primarily from price increases and continued cost reduction initiatives, partially offset by the continuing decline in check and forms usage. Click Read More below for additional information.
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Packaging Corporation of America Reports First Quarter 2018 Results

In the Packaging segment, total corrugated products shipments with one less workday were up 6.0% and shipments per day were up 7.7% over last year’s first quarter. Containerboard production was 953,000 tons, and containerboard inventory was down 23,000 tons from the fourth quarter of 2017 and up 31,000 tons compared to the first quarter of 2017, primarily due to the addition of recently acquired Sacramento Container. In the Paper segment, office paper and printing and converting paper sales volumes were up 33,000 tons compared to the first quarter of 2017, and production volume was up 10,000 tons primarily due to no scheduled maintenance outages in the first quarter of 2018. Click Read More below for additional information.
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Huhtamäki Oyj’s Interim Report January 1 – March 31, 2018: Solid comparable growth, negative currency impact

The Group's comparable net sales growth was 5% with all segments making good progress. Comparable growth in emerging markets was 8%. In absolute terms growth was strongest in Eastern Europe, India, and Middle East and Africa. The Group's reported net sales declined and were EUR 725 million (EUR 739 million). The Group's reported earnings declined but in comparable currencies the Group's earnings improved slightly compared to the previous year. Foodservice Europe-Asia-Oceania segment's earnings increased significantly as a result of sales growth and operational efficiency. Fiber Packaging segment's earnings grew as well, while earnings in Flexible Packaging and North America segments declined. Click Read More below for additional information.
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Avery Dennison Announces First Quarter 2018 Results

Label and Graphic Materials Segment: • Reported sales increased 11.8 percent. Sales ex. currency increased 4.2 percent; on an organic basis, sales grew 3.6 percent. Sales on an organic basis increased mid-single digits in Label and Packaging Materials and increased low-single digits in the combined Graphics and Reflective Solutions businesses. • Reported operating margin decreased 30 basis points to 12.3 percent, reflecting the impact of restructuring actions. Adjusted operating margin increased 20 basis points to 13.0 percent as the benefits of increased volume and productivity more than offset higher employee-related costs and the net impact of pricing and raw material costs. Click Read More below for additional information.
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Fibria announces its 1Q18 Earnings

Adjusted EBITDA totaled R$1,824 million in 1Q18, 8% less than in 4Q17, due to lower sales volume, to the higher cash COGS effect, in turn impacted by the higher production cash cost, partially offset by the higher average net price of pulp in dollars. The EBITDA margin stood at 55% excluding the sale of pulp from Klabin and 49% including this effect. The 1Q18 net financial result was negative by R$270 million, versus a negative R$781 million in 4Q17 and a positive R$331 million in 1Q17. The variation from 4Q17 and 1Q17 was chiefly due to the lower exchange rate effect on the debt position and the hedge result. As a result of all the above, Fibria reported 1Q18 net income of R$615 million, versus net income of R$280 million in 4Q17 and R$329 million in 1Q17. Click Read More below for additional information.
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Oil heads up to $74 a barrel, but U.S. bonds, crude supply cast a pall

Oil edged higher on Wednesday, nearing three-year highs reached the previous day, as rising U.S. fuel inventories and production weighed on an otherwise bullish market. Weekly data on Tuesday that showed a rise in U.S. crude inventories also subdued the oil price somewhat. The prospect of fresh sanctions on Tehran and disruption to the country’s oil flows has helped push the oil price to its highest since late 2014 this month.
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Canfor Reports Results for First Quarter of 2018

Highlights * Q1, 2018 adjusted operating income of $238.7 million driven by historically high lumber prices and record-high pulp and paper earnings; record-high sales of $1.23 billion * Adjusted net income of $145.4 million, or $1.13 per share * Net debt of $96.8 million, or 4.3% net debt to total capitalization, at March 31, 2018. Click Read More below for additional information.
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Holmen’s interim report January-March 2018

*Operating profit for January–March was SEK 653 million (January–March 2017: SEK 627 million). Operating profit includes a forest property sale of SEK 70 million. Prices for paper and wood products increased, wheras costs for wood and other input goods rose. *Compared with the fourth quarter of 2017, profit was SEK 232 million higher, mainly as a result of income from the forest property sale and due to that fourth-quarter earnings were affected by a maintenance shutdown. *Profit after tax for January–March amounted to SEK 507 million (485), which corresponds to earnings per share of SEK 6.0 (5.8). Click Read More below for additional information.
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$40 Million Investment at Irving Pulp & Paper and Irving Tissue Benefits 84 New Brunswick Suppliers

Irving Pulp and Paper as well as Irving Tissue on the west side of Saint John is underway with a $40 million investment with an impact across NB. Eighty-four (84) New Brunswick companies will be working on the modernization, accounting for $29 million of the investment. These suppliers are located across New Brunswick. The project is scheduled for completion on May 14, 2018. This project is also going to provide hands-on learning experiences for the workforce of the future – over twenty-five co-op students from the University of New Brunswick, Dalhousie University, Memorial University in Newfoundland & Labrador as well as the New Brunswick Community College (NBCC). This new investment brings environmental benefits. Today, the pulp mill is already 95% green energy. This upgrade will improve energy use and further reduce the site's carbon footprint. Click Read More below for additional information.
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JohnsByrne Adds Flexibility, Innovation with Eagle Systems Cold Foil System

Luxury packaging printer JohnsByrne has installed the Eagle Systems Cold Foil system to better serve their client base and increase their ability to innovate. Founded in 1959, the organization remains a family-owned operation, with founder, John B. Gustafson’s four sons: Corey, Jack, Mike and Pate, running the business as President, COO and Executive Vice Presidents, respectively. “We are a very client-centric, customer-focused operation,” said Corey Gustafson. “We look at the marketplace, and look for ways to provide solutions to problems our customers are having, and new ways to enhance their current product lines. We try to be very proactive about getting in front of our clients’ needs and the available technology, and the Eagle Systems Cold Foil system proved to be a great compliment to our offering; it was the right fit, at the right time.” He noted that while they have, and continue to offer, hot stamping technologies, there were some applications where that process wasn’t a perfect fit. They could find a way to get it done, but Cold Foil, said Corey Gustafson, “gives us a great deal of flexibility, now, and nuance to our offerings. We can provide different solutions to the same problem, to find the one that best suits the project, product and customer. It’s a different tool in our belt.” Click Read More below for additional information.
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Silgan Announces Record First Quarter Earnings and Confirms Full Year Earnings Outlook

Net sales for the first quarter of 2018 were $1.01 billion, an increase of $206.9 million, or 25.7 percent, as compared to $805.4 million in 2017. This increase was the result of the acquisition of the Dispensing Systems operations in April 2017 and higher net sales in each of the businesses. Income before interest and income taxes for the first quarter of 2018 was $92.2 million, an increase of $35.4 million, or 62.3 percent, as compared to $56.8 million for the first quarter of 2017, and margins increased to 9.1 percent from 7.1 percent for the same periods. Click Read More below for additional information.
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Coalition for Paper Options Receives United Paper, Printing & Mailing Industry Support to Fight for Paper-Based Resources

The Coalition for Paper Options (CPO) – the only stand-alone coalition devoted exclusively to protecting citizen access to paper-based information – proudly welcomes its newest members: the Association for Print Technologies (formerly NPES) and the Idealliance. These new members have joined with Printing Industries of America, the American Forest & Paper Association, the Envelope Manufacturers Association and a host of individual corporations in the paper manufacturing, printing and mailing industries as financial supporters of the Coalition for Paper Options’ efforts to protect access to paper-based resources and information. “By supporting the Coalition for Paper Options, the paper, printing and mailing industry is speaking out in a loud and unified voice against government efforts to limit access to important paper-based information,” said John Runyan, executive director of the Coalition for Paper Options. “Our coalition, however, is not just about industry, as evidenced by a wide range of consumer, senior, and rural groups which are also active members. We are all united in making sure that our nation embraces technology without penalizing citizens who still need or prefer traditional access to paper-based services offered by government and the private sector.” Click Read More below for additional information.
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RRD Launches “SuperDoc” Web Statement Enhancement

R.R. Donnelley & Sons Company announced the release of its SuperDoc web statement enhancement. This technology transforms static business statements into interactive dynamic customer communications. Developed by RRD’s Business Communications Solutions (BCS) unit, the SuperDoc enhancement acts as a secure website add-on that embeds customer-facing PDF statements, bills, policies, letters, and other transactional communications with entirely new dimensions of interactivity and activated content. This latest offering from RRD is designed to help organizations across a variety of industries increase their eAdoption rate. The SuperDoc enhancement provides consumers with a variety of widgets that grant a higher level of interactivity than paper statements, such as: • Compare balances month-to-month, quarter-to-quarter, and year-to-year • Search transactions by date, vendor, amount paid, and more • Use payoff and financing calculators • Access local data like weather history, property values, and more • Model future bills • Learn about upgrade details and special offers. Click Read More below for additional information.
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CP, TCRC-Train & Engine and IBEW take significant steps forward, avoid work stoppage

Canadian Pacific Railway Limited has reached an agreement with both the Teamsters Canada Rail Conference-Train & Engine (TCRC) and the International Brotherhood of Electrical Workers (IBEW), which averts the potential work stoppage of 12:01 am Eastern time tomorrow, April 21, 2018. On the recommendation of federal mediators, the Minister of Labour will direct the Canadian Industrial Relations Board to administer a ratification vote on each of the company's final offers to the TCRC and IBEW. Click Read More below for additional information.
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Rolland Announces Price Increase for U.S. Market

Please be advised that Rolland will increase our prices by 5% to 7% USD on the following products, effective with shipments on or after May 25th, 2018. Rolland Enviro® Print;Rolland Enviro® Satin;Rolland Enviro® Book & Schoolbook; Rolland Opaque®; Rolland Kraft®; Rolland Enviro® Digital; Rolland Enviro® Jet; Rolland Hitech®; Rolland Enviro® Copy; ReproPlus®; New Life® Envelope; Rolland Kraft® Envelope; All specialty papers and private label grades; Price increases apply to all rolls, folio and cut size. All standard upcharges will remain unchanged.
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O-I Reports First Quarter 2018 Results

Highlights: • For the first quarter 2018, the Company recorded earnings from continuing operations of $0.59 per share (diluted). This was on the upper end of management guidance of $0.55 to $0.60 per share. • Net sales were $1.7 billion, an increase of nearly 8 percent compared to the prior year, due to higher prices and favorable currency translation. Total glass container shipments in the first quarter of 2018 were comparable to the prior year quarter, with low-single-digit gains reported in the Americas. • Earnings from continuing operations before income taxes were $135 million, compared with $73 million in the prior year, driven by solid operational performance and non-recurrence of certain expenses in the prior year. Click Read More below for additional information.
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UPM Biofuels gains the world’s first RSB low indirect land use change (ILUC) risk certification for its feedstocks

UPM Biofuels' continuous efforts for a more sustainable supply chain and operations has been recognized by the world's first RSB (Roundtable of Sustainable Biomaterials) low ILUC (indirect land use change) risk certification. The certificate was received for crude tall oil, the feedstock used for UPM BioVerno renewable fuels production at the Lappeenranta Biorefinery in Finland, and for UPM's cultivation of the Brassica carinata oil crop in Uruguay. The RSB low ILUC risk certification is an additional proof of sustainability for UPM Biofuels, showing that the company's use of crude tall oil and Brassica carinata oil for biofuels production has a low risk of causing indirect emissions elsewhere. The low ILUC risk RSB certification places UPM Biofuels' raw materials, crude tall oil and Brassica carinata oil in the category of most sustainable feedstocks. Click Read More below for additional information.
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AF&PA Welcomes New EPA Policy on Carbon Neutral Forest Biomass

“We applaud the Administration for reflecting long-standing scientific principles and Congressional direction in recognizing as carbon neutral the paper and wood products industry’s use of renewable biomass for energy production. We are one of the largest manufacturing sectors in the nation, eager to strengthen the economy and boost U.S. job creation with the support of public policy that levels the playing field with competitors around the globe. This new EPA policy is an important milestone in implementing the Congressional directive to produce clear and simple policies and acknowledges the scientific record on the carbon neutrality of forest-based, renewable biomass. We look forward to working with EPA as it develops regulations to fully implement this policy.”
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Ahlstrom-Munksjö to acquire the Caieiras specialty paper mill in Brazil

Ahlstrom-Munksjö has entered into an agreement to acquire MD Papéis’ Caieiras specialty paper mill in Brazil of the Formitex Group, an industrial conglomerate active in the paper, chemicals and panel board industries. Ahlstrom-Munksjö has entered into an agreement to acquire MD Papéis’ Caieiras specialty paper mill in Brazil of the Formitex Group, an industrial conglomerate active in the paper, chemicals and panel board industries. Click Read More below for additional information.
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Ahlstrom-Munksjö interim report January-March 2018: Strong sales growth in constant currency and synergy realization to continue

Q1/2018 highlights (vs Q1/2017 proforma): • Net sales EUR 572.4 million (EUR 566.9 million), an increase of 1.0%. In constant currency growth was 5.9%, driven by higher selling prices. • Continued good demand across most markets • Comparable EBITDA EUR 66.7 million (EUR 79.4 million), representing 11.7% (14.0%) of net sales in an environment of significant raw material cost escalation • Net profit EUR 21.2 million (EUR 24.2 million).
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Oil tops $75, highest since 2014 OPEC meeting that led to pump war

“Prices are being driven up by tight supply due to high production outages in Venezuela plus the cuts implemented by OPEC and Russia,” said Carsten Fritsch, analyst at Commerzbank. “What is more, demand appears robust.” The United States has until May 12 to decide whether to quit a nuclear deal with Iran and reimpose sanctions against the third-largest producer in the Organization of the Petroleum Exporting Countries, tightening global supplies. OPEC’s supply curtailments and the threat of new sanctions are occurring as demand in Asia, the biggest oil-consuming region, has risen to a record. Click Read More below for additional information.
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BPM Paper Named Green Professional

For the fourth year in a row, BPM Inc., northeast Wisconsin paper mill, has received recognition as a Green Professional in the Wisconsin Green Masters Program. The Green Masters Program recognizes and assesses Wisconsin businesses on their sustainability performance in a variety of sustainability categories. According to a letter received from Kevin Banas, Green Masters Program Director, BPM is also in the running to achieve the highest rank as a Green Master, to be announced the end of October with Masters level certificates given out in person at the annual conference in December. “Participation in the Green Masters Program validates BPM’s continued commitment to the environment, sustainability and social responsibility,” said Jim Koronkiewicz, BPM General Manager. “It’s a hands-on tool that BPM can use annually to review areas of sustainable potential. With an increased score of 20% over last year, the BPM team has worked hard for this impressive accomplishment.” Click Read More below for additional information.
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BPM Partners with Local Schools for Earth Day Clean Up

Students from area schools will join together to recognize Earth Day by picking up trash, litter and garbage to make area communities cleaner. For the past seven years, BPM has donated garbage bags and gloves for area students. Schools and organizations which have volunteered to clean up surrounding areas of school grounds and communities include Central Elementary, Coleman Elementary and Middle, Lena Public, M&M Love Where You Live Volunteers, Marinette Middle and High, Merryman Elementary, Oconto Falls Elementary, Oconto Middle, Park Elementary, Peshtigo Elementary and Middle High, St. Thomas Aquinas Academy and Suring Public. With the excellent response and interest, the company provided bags and gloves to 15 schools and organizations for an estimated 2100 students, teachers and volunteers. “The Earth Day Clean Up is a community event we look forward to every year,” said Mitchell Mekaelian, VP of Sales and Marketing. “Since 2009, BPM has coordinated the donation and partnerships with area schools. Year after year, we receive positive feedback from teachers and students. This is a hands-on way to have kids involved in making a difference within the community in which they live.” Click Read More below for additional information.
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Graphic Packaging Holding Company Reports First Quarter 2018 Results

Net Sales increased 39% to $1,476.0 million in the first quarter of 2018, compared to $1,061.5 million in the prior year period. The $414.5 million increase was driven by $359.5 million of revenue from the SBS mill and foodservice converting assets, $25.5 million of improved volume/mix related primarily to acquisitions, $24.0 million of favorable foreign exchange, and $5.5 million of higher pricing. EBITDA for the first quarter of 2018 was $187.6 million, or $35.3 million higher than the first quarter of 2017. After adjusting both periods for business combinations and other special charges, Adjusted EBITDA increased 43% to $230.8 million in the first quarter of 2018 from $160.9 million in the first quarter of 2017. Click Read More below for additional information.
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Announcing Monadnock Archival Products

Monadnock Paper Mills, Inc. introduces Monadnock Archival line of cotton and high alpha fiber papers and boards for printing, presentation and preservation of fine artworks, photographs and important documents. •Archival Facing & Backing Papers •Archival Mat & Mounting Boards •Archival Liner Board & Mediums •Coated Fine Art Inkjet/Giclee Papers •Archival File Folder •Fine Printing and Envelope Papers. Monadnock combines its fine printing and technical/specialty expertise to create high performance papers that meet ANSI longevity standards. These superior quality papers are groundwood-free, alkaline pH and lightfast (per Standard and Color Photo Activity Tests). Monadnock’s archival art and conservation papers and boards/solids meet ISO 9706 and ANSI Z 39.48-1992 (Permanence of Paper for Printed Library Materials) standards. Click Read More below for additional information.
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Solenis to Increase Prices on all Process Chemicals Globally

Solenis, a leading global producer of specialty chemicals, will increase prices by five to 30 percent on all process chemicals, effective immediately or as customer contracts allow. The price increases are due to increases in key raw material costs, escalating freight costs and decreased market availability of several raw materials. “We are committed to delivering high-value, innovative solutions to help customers maximize their productivity,” said Varun Ratta, Senior Vice President, Product and Pricing Management. “While these price increases are necessary for us to reliably supply and support our customers, we’ll continue our efforts to help mitigate these increases and control their costs with beneficial process improvements.”
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Whether you are young or old, reading and writing should be a priority

In the midst of technological advances, essential reading and writing skills are being somewhat lost in the process of keeping up with the latest ‘trend’. More than a quarter (26 percent) of American adults admit to not having read even part of a book within the past year. That's according to statistics coming out of the Pew Research Centre. Science supports the idea that reading is good for you on several levels. Reading fiction can help with an open-mind and creative thinking - According to research conducted at the University of Toronto, study participants who read short-story fiction experienced far less need for "cognitive closure" compared with counterparts who read nonfiction essays. Essentially, they tested as more open-minded, compared with the readers of essays. "Although nonfiction reading allows students to learn the subject matter, it may not always help them in thinking about it," the authors write. Click Read More below for additional information.
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Verso Announce Price Increase for Ideal® Uncoated Freesheet Products

Effective with all new and existing orders with confirmed delivery dates of May 19, 2018 or later, Verso Corporation is increasing the transaction price of all Uncoated Freesheet Grades, including but not limited to: Ideal® Offset; Ideal® Reply Card; Ideal® Enhanced Tablet; Ideal® Tablet. The increase applies to all basis weights, bulks, finishes and related private label grades.
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Glatfelter Announces Price Increase for US Market

Glatfelter is announcing a price increase for the listed grades and product lines sold in our United States market. The increase will be effective with shipments on or after May 21, 2018. The increase will be 4-8% for the following items: Moistrite® Form Bond; Worthington Index; Glatfelter End Leaf; Moistrite® MICR Colors; Index Card; Natures® End Leaf; Transform®Laser MOCR; Tiffin Tag; Glatfelter Offset; Spring Forge® Offset; Scioto™Ledger; Natures® Book; Spring Forge® Digital; Sealer Envelope; Conserve®; Thor® Plus & Thor® PCW; Carbonizing Bond; digiBOOK®; Hopewell Offset; Adena Opaque®; All Envelope grades; Pixelle® Ink Jet Uncoated Repro Bond; All Cut Size Papers (Mill/Private Label). All current standard differentials and upcharges remain in effect.
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Flambeau River Papers Announces May Price Increase

Effective with shipments on or after May 20, 2018, Flambeau River Papers will increase the transaction prices for the following grades of paper: • FRP Converting and Envelope Papers • FRP Specialty Papers • FRP Glacier and Torchglow Opaque and Pastel Papers • FRP Reply Card Papers • FRP Index, Vellum Bristol and Tag Papers • FRP Tradebook and Endleaf Papers • FRP InkJet Papers • FRP MOCR and Ledger Papers • FRP 100 Papers. All current standard upcharges and differentials will remain in effect.
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International Paper Announces Price Increase on UFR Products

Effective with shipments May 21, 2018, International Paper will increase prices by 5% to 7% on the following products: Printing Papers o All Williamsburg o All Accent® Opaque o All Springhill®. Office Papers o All Hammermill® o All Hewlett Packard® o All Private Label o Generic White Box o Relay. Postmark® Envelope; DataSpeed® Laser MOCR; By George®. This increase applies to all virgin, recycled and treated products. We are also increasing our standard basis weight price differentials on all Envelope and Laser MOCR products as follows: 20lb over 24lb: $2.00/cwt 22lb over 24lb: $1.00/cwt. Additionally, the freight stop off charge will increase from $300 to $500. All other standard upcharges will continue to apply. Orders acknowledged prior to April 20, 2018 will ship at the pre-increase price.
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Boise Paper Announces Price Increase on UFR Products

Effective with shipments May 21, 2018, Boise Paper will raise prices by USD 6% on private label and branded office papers, printing papers, and converting papers. • X-9® • ASPEN® • Boise POLARIS® • FIREWORX® • Essential Copy®, Essential 30®, and Essential Bright® • Boise® Copy • Xerographic Paper (rolls and sheets) • Boise® Offset • Boise® ASPEN® Offset • Boise® Opaque • Boise® White Wove Envelope • Boise® ASPEN® Wove Envelope • Boise® FIREWORX® Wove Envelope • Boise® Kraft Envelope • Ledger • Index • All other converting products • All corresponding private label products. All minimums, up-charges and shipping policies remain unchanged.
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Finch Paper Announces Price Increase on UFR Products

Effective with shipments on or after May 15, 2018 Finch Paper will be increasing prices on commercial printing and converting grades in all pack types by 5% to 7% on the following grades: Finch Fine; Finch Fine ID; Finch Fine Color Copy; Finch Opaque and Finch Opaque Digital; Finch Casa Opaque; Finch 94 & Finch 94 Digital; New Leaf Ingenuity and Harmony; Finch Offset, Finch Index and Tag; Finch Reply Postcard 7 pt. and 9 pt.; Finch ThruPut Wove and Finch ThruPut Advantage; Finch Image DME and Finch Deluxe DME; Finch Forms Bond; Finch MOCR Laser; Finch Engineering Bond and CAD Inkjet Bond; Finch Inkjet Products including Digital Web XP, Mailstream, Smartbook Jet, Opaque Jet; Finch Pub Book; Finch Office Papers including all Finch mill and private-label brands; Finch Technical Specialty grades including label facestock and other digital grades.
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Navigator North America Announces Price Increass & Freight Surcharge

Effective with shipments on or after May 20, 2018, Navigator North America will be increasing prices by 5% to 7% for: Navigator Premium Inkjet, Soporset Premium Opaque Offset (Text & Cover & Digital) in sheets and sSheeter rolls and all cut-size office papers including Navigator, Pioneer and Discovery. Also implementing a freight surcharge of $2.00/cwt for shipments to CO, NM, OR, WA, NV and AZ and a $4.00/cwt freight surcharge for shipments to ID, UT, WY, MT, SD and ND.
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American Forest & Paper Association Releases March 2018 Printing-Writing Paper Monthly Report

Total printing-writing paper shipments decreased five percent in March compared to March 2017. U.S. purchases of printing-writing papers decreased seven percent in March. Total printing-writing paper inventory levels decreased two percent from February 2018. Imports of printing-writing papers increased six percent compared to February 2017 imports, while exports increased five percent compared to February 2017. •Coated mechanical (CM) paper shipments declined year-over-year for the tenth consecutive month. Imports of CM increased 21 percent compared to February 2017. Exports of CM decreased five percent in February compared to the same month in 2017. •Shipments of coated free sheet (CFS) paper in March declined year-over-year. U.S. imports of CFS papers increased two percent year-over-year in February. Exports of CFS papers decreased five percent year-over-year in February. •Uncoated free sheet (UFS) paper shipments in March 2018 decreased year-over-year for the first time in 2018, following two months of year-over-year increases; meanwhile, shipments of uncoated mechanical (UM) papers decreased year-over-year in March 2018 for the 21st consecutive month.
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American Forest & Paper Association Releases March 2018 Boxboard Report

Total boxboard production decreased 1.9 percent when compared to March 2017 but increased 5.2 percent from last month. Unbleached Kraft Boxboard production increased over the same month a year ago but decreased compared to last month. Total Solid Bleached Boxboard and Liner production increased when compared to March 2017 and increased compared to last month. The production of Recycled Boxboard decreased compared to March 2017 and increased when compared to last month.
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Ahlstrom-Munksjö plans to invest about EUR 9 million for improved financial performance

Ahlstrom-Munksjö has decided on two investment projects, totaling EUR 9 million, both with attractive financial returns. This supports Ahlstrom-Munksjö’s strategic ambition to maintain a leading position in selected niches of the global fiber-based solutions market that offer positive growth outlook and are supported by sustainable market drivers. In the Decor business area, the company will invest about EUR 5 million to further enhance the quality of pre-impregnated decor papers produced at its Dettingen plant in Germany. Through the investment, which will be completed by the end of 2018, Ahlstrom-Munksjö will be able to strengthen its leading position in pre-impregnated decor papers. In the Specialties business area, the company will invest about EUR 4 million to rebuild a converting line of sterilization wrap being produced at its Pont Audemer plant in France. The material is e.g. used for protecting medical garments and sterilizing instruments. The investment includes installing a new sheeter and folding line as well as automated wrapping and boxing of the finished goods. Through the investment, which will be completed by the second quarter of 2019, the business will improve its competitiveness through higher efficiency and shorter lead times.
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Oil Holds Near $68 as Rising U.S. Drilling Counters OPEC Curbs

Futures in New York dropped as much as 0.8 percent after data showed American drillers added five working oil rigs last week, stoking fears over surging U.S. output. The May oil contract gained 1.5 percent last week before expiring Friday as OPEC producers said supply curbs should continue in order to revive investments in oil and gas production. In the U.S., explorers have added 23 rigs so far this month, bringing the total working rigs to 820 last week, Baker Hughes data showed. The nation’s crude production has more than doubled from the lows of a decade ago, topping 10 million barrels a day each week since early February.
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Consultants to help with Revision of FSC US Forest Management Standard

As we kick off the FSC US Forest Management (FM) Standard revision process, FSC US is looking for several consultants to apply their knowledge and experience. We have identified areas of work needed to address issues identified by stakeholders, in combination with requirements embedded in the revised FSC Principles & Criteria (Version 5) and associated International Generic Indicators. Materials, analysis and recommendations developed by these consultants will inform the efforts of the FM Revision Working Group in the following areas: •Protections for Indigenous Peoples and their rights; •Family Forest indicators and guidance and associated terminology used in the standard; •FSC US Region boundaries and regional requirements. Click Read More below for additional information.
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Kimberly-Clark Announces First Quarter 2018 Results

Sales of $4.7 billion in the first quarter of 2018 were up 5 percent compared to the year-ago period. Changes in foreign currency exchange rates benefited sales by 3 percent. Organic sales improved 2 percent, as volumes increased 3 percent while net selling prices were down 1 percent. In North America, organic sales increased 3 percent in consumer products and 2 percent in K-C Professional. Outside North America, organic sales rose 2 percent in developed markets and 1 percent in developing and emerging markets. First quarter operating profit was $247 million in 2018 and $848 million in 2017. Results in 2018 included $577 million of charges related to the 2018 Global Restructuring Program. First quarter 2018 adjusted operating profit was $824 million. Results were impacted by $175 million of higher input costs, driven by a $105 million increase in pulp and a $45 million increase in other raw materials. The operating profit comparison was also affected by lower net selling prices. Click Read More below for additional information.
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University Press of New England to Close

The University Press of New England’s Board of Governors has voted to close the press at the end of 2018. The Lebanon, N.H.-based press has 25 employees and distributes books for Dartmouth and Brandeis University. In a statement, Dartmouth president Phil Hanlon said, “The press has become unsustainable to operate with only two member-institutions.” Founded in 1970 as the University Press of Northern New England, the consortium was originally led by longtime publisher and Dartmouth alum Victor Reynolds. Under Reynolds, it grew to include members from all six New England states and was renamed the University Press of New England (UPNE). Click Read More below for additional information.
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Clearwater Paper Reports First Quarter 2018 Results

The company reported net sales of $437.0 million for the first quarter of 2018, essentially flat with net sales of $437.5 million for the first quarter of 2017. Net earnings determined in accordance with generally accepted accounting principles, or GAAP, for the first quarter of 2018 were $2.6 million, or $0.16 per diluted share, compared to net earnings for the first quarter of 2017 of $7.5 million, or $0.45 per diluted share. Earnings before interest, taxes, depreciation and amortization, or EBITDA, were $35.4 million for the first quarter of 2018, compared to $48.1 million for the first quarter of 2017. Adjusted EBITDA for the quarter was $39.8 million, down 19.3% compared to first quarter 2017 Adjusted EBITDA of $49.3 million. Click Read More below for additional information.
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BillerudKorsnas Interim Report January – March 2018

Net sales were SEK 5 897 million (5 636), an increase of 5% mainly as a result of increased selling prices. EBITDA was SEK 1 065 million (923), an increase of 15% mainly as a result of increased selling prices, which were partly offset by higher wood prices. Adjusted EBITDA was SEK 1 102 million (938), an increase of 17%. The adjusted operating margin was 12% (10%). Adjusted operating profit was SEK 729 million (572), an increase of 27%. Earnings per share amounted to SEK 2.40 (1.94). Click Read More below for additional information.
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Oil Erases Gains After Trump Slams OPEC for Inflating Prices

Oil fell in New York after U.S. President Donald Trump criticized OPEC and said crude prices are “artificially Very High.” The comments came as the Organization of Petroleum Exporting countries and allies including Russia showed willingness to further tighten oil markets and boost prices. Oil has rallied in recent weeks as output cuts from OPEC and its allies were compounded by heightened geopolitical risks, including the possibility of renewed U.S. sanctions on Iran. Meeting in Jeddah, a committee of OPEC and other oil producers found high levels of compliance with the production curbs. Still, there’s capacity for prices to rise beyond this week’s three-year high, according to Saudi Energy Minister Khalid Al-Falih, who said cooperation between producers would continue into 2019. Click Read More below for additional information.
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Flint Group Paper & Board EMEA announce the launch of VIVO Colour Solutions

Following extensive dialogue with international packaging converters and brand owner partners, Flint Group is positioned to revolutionise printing and colour management with VIVO Colour Solutions. With increasing demands from global brand owners for colour equity across geographies and packaging substrates, Flint Group’s Paper & Board business segment has developed a solution that can truly, and reliably, meet the colour management needs of all stakeholders in the package print value and supply chain. VIVO Colour Solutions is a family of products and services with its foundations dating back to 2010 when Flint Group started to compile the essential elements of a robust and dynamic colour communication and service platform. Click Read More below for additional information.
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Has ‘Print’ Media’s Ad Spending Decline Bottomed Out?

A protracted erosion in “print” media ad spending may be bottoming out, thanks in large part to the growth of digital. According to a new forecast released by Jack Myers TomorrowToday, a surge in demand for digital “print-originated” advertising will offset declines in “legacy print” -- the kind published in actual print -- by 2021. That digital will become print’s savior is a little more than ironic, since it was the explosion of content available via digital media that originally set analogue media-- especially print-- on a downward trend in terms of advertising demand. Click Read More below for additional information.
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Tariffs and supply disruptions threaten US newspapers

Newspapers across the country could be thinner or even disappear in the near future as news executives nationwide wrestle with disruptions in paper supplies and new tariffs on newsprint. Tariffs as high as 32 percent have been placed on imported newsprint from Canadian paper mills as the U.S. Commerce Department and the International Trade Commission investigate complaints of unfair trade practices leveled against Canadian suppliers by a Washington state-based paper company. Tariffs have driven up the cost of newsprint, a commodity that already has seen prices increase over the years because of high demand and low supply. Newsprint is generally the second-highest cost for newspapers after payroll. Click Read More below for additional information.
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Sonoco Reports Strong First Quarter 2018 Results

Net sales for the first quarter were $1.30 billion, an increase of $131.9 million, or 11.2 percent, from last year’s quarter. The improvement reflects an increase in sales added by acquisitions, the positive impact of foreign exchange, higher selling prices implemented to recover rising freight, wages and operating inflation, and modest volume growth. Gross profits were a record $250.6 million in the first quarter, an increase of $27.6 million or 12.4 percent, compared with $223.0 million in the same period in 2017. Gross profit as a percentage of sales increased to 19.2 percent, compared with 19.0 percent in the same period in 2017. The gross profit percentage increase was primarily due to manufacturing and procurement productivity mostly offsetting higher raw material and other operating costs. Click Read More below for additional information.
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Meredith Launches Print Edition of HelloGiggles

Select subscribers to People will receive an additional title in their mailboxes today: the debut issue of HelloGiggles the magazine—a print counterpart to the millennial-focused lifestyle brand co-founded by Zooey Deschanel and acquired by Time Inc. in 2015. Meredith Corp., which says the publication is slated to come out twice a year, distributed an initial run of 500,000 copies to People subscribers aged 18 to 39. Like its online content mix, the magazine will be geared toward millennial women with a focus on beauty, fashion, and pop culture. Click Read More below for additional information.
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Metsä Board’s SkinCare 2.0 gift box design wins the Shanghai Luxe Pack 2018 green award

Metsä Board is delighted to announce it has won the 2018 Luxe Pack Shanghai ’in green’ Award with its SkinCare 2.0 gift box Design. Created by Metsä Board’s packaging design team, the new SkinCare 2.0 gift box uses fibre based materials to replace plastic. The outer rigid box is made with a new pulp molding process. Each of three cartons are made of lightweight paperboard and offer a unique opening and reclosing experience combined with maximum runnability performance on automated packaging lines. Cyril Drouet, Design and Innovation Director at Metsä Board, comments; “We are extremely pleased with the recognition that the SkinCare 2.0 gift box design is currently getting globally. It is a great example of how we want to inspire packaging designers and brand owners with new innovative solutions in packaging design and using renewable materials.” Click Read More below for additional information.
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American Forest & Paper Association Releases March 2018 U.S. Packaging Papers & Specialty Packaging Monthly Report

Total Packaging Papers shipments were down 6.6 percent compared to March 2017 and down 6.5 percent year-to-date. Bag & Sack shipments were down 8.3 percent year-to-date. Multiwall shipments were down 12.6 percent. Converting shipments were down 2.8 percent and Food Wrapping shipments remained essentially flat. The operating rate for March decreased to 87.4 percent from 88.5 percent in February. Inventories were up 1.4 percent since February.
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American Forest & Paper Association Releases March 2018 Containerboard Report

Containerboard production was up 3.5 percent compared to March 2017 and up 0.5 percent year-to-date. The month-over-month average daily production compared to February 2018 was 3.5 percent higher. The containerboard operating rate was 97.4 percent or 0.7 percentage points higher than the same month last year. Production for exports was 3.3 percent lower than March 2017 and 6.7 percent lower year-to-date.
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Crown Holdings, Inc. Reports First Quarter 2018 Results

Net sales in the first quarter were $2,197 million compared to $1,901 million in the first quarter of 2017 reflecting increased beverage can volumes, the pass through of higher material costs to customers, and $121 million of favorable currency translation impact. Income from operations was $221 million in the quarter compared to $225 million in the first quarter of 2017. Segment income increased to $245 million in the first quarter compared to $226 million in the prior year first quarter and included $12 million of favorable currency translation impact. Click Read More below for additional information.
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U.S. Supreme Court Justices Are Split on Ecommerce Tax Case

Supreme Court Justices Anthony Kennedy, Neil Gorsuch and Clarence Thomas had already indicated they favored overturning Quill before the case was heard. On Tuesday, Justice Ruth Bader Ginsburg suggested she would join them, calling the ruling “obsolete,” according to Yahoo Finance. Ginsburg said letting states tax online sales would equate to “equalizing sellers.” But Supreme Court Justices Sonia Sotomayor and Samuel Alito said the decision on ecommerce taxation should be left up to Congress, Yahoo reported. Sotomayor said the lack of a mechanism for collecting taxes directly from consumers was the real problem, not the Quill ruling. Click Read More below for additional information.
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Pier 1 Imports, Inc. Reports Fourth Quarter and Full Year Fiscal 2018 Financial Results

Net sales for the fourth quarter of fiscal 2018 decreased 3.1% to $512.2 million, compared to $528.4 million for the fourth quarter of fiscal 2017. Company comparable sales on a 13-week basis decreased 7.5% versus the year-ago period. Gross profit for the fourth quarter of fiscal 2018 totaled $189.7 million, or 37.0% of net sales, compared to $206.9 million, or 39.2% of net sales, for the fourth quarter of fiscal 2017. Click Read More below for additional information.
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Former Appleton Coated facility to begin doing business as Midwest Paper Group

The Combined Locks paper mill formerly home to Appleton Coated will begin doing business under the name “Midwest Paper Group”. The new entity was established by Industrial Assets and Maynards after their October 2017 purchase of substantially all the assets of Appleton Coated LLC. The company restarted the facility in December. After the purchase, Industrial Assets took note of the highly experienced and dedicated workforce and focused on upgrading the mill’s production capabilities and fiber handling systems. “We have a made a significant investment in this mill and community. We are grateful for our customers, vendors and the team onsite which has allowed the company to continue its tradition of producing some of the highest quality paper in the industry.” said Steve Mattes, CEO of Industrial Assets Corp. Click Read More below for additional information.
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Why do so Many People Love Print on Paper? Two Sides Releases First of Three New Infographics

Two Sides North America has released the first of three engaging new infographics on Why do so many people love print on paper? The first of three infographics focuses on the fact that the majority of Americans feel that print on paper is safe and secure, sustainable and trusted. “Overall the survey results are very positive in favor of print and paper, in some cases surprisingly so. Although we regularly hear corporations tout going digital or “paperless” as safe, secure and more green – this is clearly not a shared opinion by a large majority of the public who seem to trust paper for many applications,” says Phil Riebel, President Two Sides North America. Click Read More below to download a copy.
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Resolute Forest Products Announces SC Price Increase

Please be advised that, effective with shipments on or after June 1, 2018, Resolute Forest Products will raise its SC paper prices. The products impacted by the price increase include, but are not limited to, the following: ResoluteSCA+; ResoluteSCA; ResoluteSCB; ResoluteSNC. The increases will be applicable to all basis weights and finishes, and all up charges apply.
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James Comey’s A Higher Loyalty Hits #1 on Barnes & Noble’s Bestseller List

Barnes & Noble, Inc. announced that James Comey’s A Higher Loyalty is the top-seller in stores nationwide and online at BN.com just one day after the book’s release. “A Higher Loyalty was an instant bestseller before it ever arrived in our stores,” said Liz Harwell, Senior Director of Merchandising, Trade Books at Barnes & Noble. “Now that it’s here it is flying off the shelves. It’s one of the best pre-publication rollouts we’ve seen in many years, due to all of the publicity surrounding the book ahead of its publication yesterday.”
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Catalyst curtails production in Powell River

On April 16, Catalyst Paper Corporation curtailed production on paper machine 11 at the Powell River mill in response to a shortage of fibre and United States tariffs on uncoated groundwood paper. When it announced the action, Catalyst stated the curtailment would last until May 7. No layoffs are expected as a result of the curtailment and employees affected are being moved to other duties at the mill.
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RRD Realigns Organizational Structure to Drive Growth Strategy

R.R. Donnelley & Sons Company announced new financial reporting segments to align with recent changes to its global operating structure. Effective with the first quarter of 2018, RRD will report its results under two new segments: Marketing Solutions, a preeminent provider of multichannel marketing activation programs, and Business Services, a premier global provider of business communications services. RRD Marketing Solutions leverages an integrated portfolio of data analytics, creative services and multichannel execution to deliver comprehensive, end-to-end solutions that drive marketing ROI. RRD’s key capabilities include: • Data Management • Advanced Analytics • Creative Services • Online Channels • Offline Response • Onsite Services. RRD Business Services provides customized solutions at scale to help clients inform, service and transact with their customers with reduced complexity and increased efficiency. RRD’s key capabilities include: • Commercial Print Services • Customized Customer Communications • Product and Brand Communications • Business Process Services. Click Read More below for additional information.
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Oil Rises Amid Shrinking U.S. Surplus as OPEC Prepares to Gather

Futures in New York rose 2.9 percent on Wednesday. An Energy Information Administration report showed shrinking American petroleum surpluses and the first crude withdrawal from the largest U.S. storage complex in six weeks. The U.S. draw-downs underlined optimism that an OPEC-led effort to curb global supplies will be reinforced later this week when the cartel and allied producers gather in Saudi Arabia. The EIA reported U.S. crude stockpiles dropped 1.07 million barrels last week, while supplies at the Cushing, Oklahoma, pipeline hub dropped by 1.12 million. Gasoline supplies fell 2.97 million barrels and distillate stocks slid 3.11 million barrels to the lowest level since November. Click Read More below for additional information.
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KapStone Reports First Quarter Results

First Quarter Operating Highlights: Consolidated net sales of $799 million in the first quarter of 2018 increased by $33 million, or 4 percent compared to $766 million for the 2017 first quarter. The increase in net sales is primarily due to higher prices, partially offset by lower sales volume. The Company sold 662,000 tons of paper during the first quarter of 2018 compared to 699,000 tons a year earlier. Net income of $33 million for the 2018 first quarter increased by $27 million, or 446 percent, compared to the 2017 first quarter. The higher earnings primarily reflects: •Higher selling prices and a better product mix of $48 million, •Favorable productivity of $10 million mainly due to higher mill production, •Lower recycled fiber costs of $6 million. Click Read More below for additional information.
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Springer Nature looks to raise €1.2bn in IPO

Publisher Springer Nature has confirmed it intends to list its shares on the Frankfurt Stock Exchange, targeting funds of approximately €1.2bn to strengthen its financial profile. The date of the initial public offering (IPO) has not been disclosed but the Financial Times suggests it is likely to take place in around four weeks. The company said it had group revenues of €1.64bn in 2017 and an underlying growth rate of 2.5% on an organic constant currency basis. Click Read More below for additional information.
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