Paper and Publishing News – April 2014
You might not be aware but we are proud sponsors of World Champion Triathlon Athlete, Alice Hector. Alice’s 'runnability’ is fantastic and she recently won the winter duathlon series, held at the Olympic rowing lake Dorney - winning by seven minutes in the sprint race.
She followed that with an amazing performance in the Scottish nationals and is one step away from running in the Commonwealth Games for Scotland.
Alice’s main goal is 2015’s Ironman taking place in Singapore, one of the toughest courses in the Triathlon calendar and held in 40 degree heat.
We wish her all the best for these events and will try to resist feeling guilty when tucking into those chocolate eggs over the bank holiday weekend!
Have a lovely Easter
Mandy & All at Gould UK
Swedish paper/board production fell by >6% YOY in 2013 – although pulp production increased by>2% in the same period.
Following Stora-Enso's January announcement to shut PM1 at their Veitsiluoto mill due to weakening demand for magazine papers, this will be concluded by the end of April. The product(s) can be produced at other mill sites. The closure will affect >88 personnel and reduce SE’s coated mechanical paper capacity by >15%. This represents just >2% reduction of the total European capacity of this paper grade.
Their plans for the closure of the Corbehem mill are on schedule to complete by the end of May, although they continue to explore options of a potential buyer.
Stora-Enso have also announced big changes with the planned direct selling into the UK market of their woodfree coated sheets from their East Anglian based conversion unit.
Rating agency Moody’s, have forecast a continued challenge for the European paper & forest industry for the rest of 2014, due to the continued fall in paper demand across the sector.
Publishing - Catalogue – Retail - Mail Order
Hallmark Greetings Cards have announced plans to outsource their card manufacturing from their Bradford site by the end of 2014. This represents possible job losses of 300 personnel if it goes ahead.
Home Retail Group- parent company of Argos, have set aside £25mill, to cover potential claims for mis-sold PPI payments.
Ann Summers have appointed KPMG to find a suitable buyer for their High St chain outlet, Knickerbox. In the meantime some of the Ann Summers products are now available in Superdrug.
Lord Heseltine has re-taken full control of the Haymarket Publishing Group that he co-founded over 50 years ago. Concluding the process in December 2013, he has spent >£110mill plus, to achieve this restructuring exercise.
Titan magazines have joined forces with the Lego Star Wars franchise to promote a 'design your own bedroom’ competition in Titan’s Star Wars comic.
UK Mobile advertising expenditure will overtake newspaper advertising revenues in 2014, as the total digital media advertising is forecast to increase its market share by >3% in 2014 to £7.1bn.
German media group, Axel Springer has reported a rise in full year revenues as a result of the strong growth of its digital activities.
Bertelsman, another German media group, has posted a group profit increase of >42%, their highest for eight years.
Johnston Press has re-launched it’s Yorkshire Post newspaper, at the same time as it posted its first profit rise in seven years.
Following on from considerable concern expressed by certificate holders, FSC are now re-considering the implementation roll-out plans for their much publicized Online Claims Platform. Registration to the system as Stage I, due to commence in between April – December has been delayed until Q4/2014, so it’s unlikely that launch day in January 2015 will be achieved.
The organizers of IPEX 2014 are confident that the show’s future is firmly established in its new location at ExCel London, with >23000 visitors across the 6 day show. Business solutions, inkjet and digital printing were the core of the show. The IPEX Masterclass & Cross Media Production theatre seminars were a great success.
REMEMBER – PAPER IS A SUSTAINABLE RESOURCE!