Business

UPM has agreed the sale of its Stracel mill as the group announced it had made a EUR 1.6bn (1.4bn) operating loss in Q4 2012.

Newcastle-based commercial printer Statex has boosted its print capability with a double installation including both litho and digital kit.

Paperlinx's marketing director Philippa Charlton has left the company along with a number of others as the paper merchant realises the workforce reduction it proposed in November.

Wyndeham Group has invested 300,000 to upgrade the printing and bindery equipment at its Gait operation in Grimsby.

Pan European web-to-print specialist Pixartprinting has revamped its UK website adding new features to improve menu visibility and purchase budgeting.

Communisis has undergone a corporate rebrand that sees its signage and website adopt a new look.

An Uxbridge company is moving into the wallpaper market after its new HP Scitex FB700 printer increased the versatility of its output.

MRM Associates has been dissolved, leaving unsecured creditors with no prospect of recovering 150,000 debts, according to the liquidator.

All 40 members of staff at Alito Color Group were made redundant yesterday (11 February) following the official appointment of insolvency specialists KRE Corporate Recovery as administrators.

Heidelberg has closed in on its year-end target of a "clearly positive" EBIT after recording its strongest third-quarter operating result since 2007/08.