Archive for the 'Paper & Substrates' Category
xpedx & Antalis Give Worldwide Access & Service
LOVELAND, Ohio, and PARIS -xpedx today said it has entered into a global sales and service alliance with Paris-based Antalis, which distributes paper and packaging supplies and equipment as well as visual communication support materials and promotional products in 37 countries across Europe, Asia, South America and Africa.
Xerox Introduces Lightest Digital Coated Paper
Xerox Corporation’s (NYSE: XRX) coated paper line has shed some pounds, with its newest family member weighing in at a mere 60 lb. text - 25 percent lighter than the standard coated paper grade.
“Xerox’s proprietary technology and coated paper portfolio has truly complemented the rise in short-run, digital color printing, resulting in a strong double-digit increase in Xerox coated paper sales year over year,” said Steve Simpson, vice president, Xerox Supplies Business Group. “With more than 70 choices in coated papers, Xerox has become a ‘one-stop shop’ for a customer’s digital coated paper needs.”
Record Second-Quarter Earnings Announced by Wausau Paper
Wausau Paper (NYSE:WPP) today reported net earnings for the second quarter of $3.6 million or $0.07 per share, compared with a net loss of $2.7 million, or $0.05 per share, the year before. Net sales increased 8 percent to $297.3 million while shipments increased 4 percent to 232,000 tons, both records for any quarter.
In discussing the year-over-year second-quarter comparison, Thomas J. Howatt, president and CEO, stated, “Revenues rose to record levels as two of our three business segments increased sales at double-digit rates. This performance was primarily attributable to strong towel and tissue markets, improved uncoated freesheet market conditions, and a continued focus on the strategic drivers of our long-term success - attractive niche markets, product innovation, benchmark customer service, and operational excellence. Continued progress was evident in several key measures. For instance, approximately 30 percent of revenues came from products developed in the last three years, comfortably exceeding our corporate goal of 25 percent, and paper mill productivity improved 2 percent year-over-year, continuing to build on consistent gains in recent years. These sales and efficiency gains helped offset year-over-year fiber and energy cost increases of $0.08 per share.”