News
Faculty demise leaves paper firms to pick up pieces
Paper suppliers are among the largest unsecured creditors of Poole-based printer Faculty, which has been placed into liquidation with Smith & Williamson.
Administrative receivers go in at Carlton Barclay
Carlton Barclay Ltd and Litho-Tech Colour Printers, the firm it bought last December, have been placed into administrative receivership with Kroll Buchler Phillips.
Carlton Offset assets bought
Carlton Press has bought the goodwill and assets of Carlton Offset, the Beckenham-based printer that fell into administrative receivership after ITV Digitals collapse (<i>PrintWeek</i>, 24 May).
Printcafe raises 25m in IPO
Printcafe has finally completed its IPO, raising 25.1m ($37.5m) through the sale of 3.75m shares.
Printing.com reduces losses
Printing.com has reported a 45% rise in turnover and a 43% fall in its pre-tax losses, as anticipated in its preliminary results for the year ending 31 March 2002.
New business team at Bunzl
Bunzl Fine Paper has strengthened its national business development and account management team, which will be led by two new national account directors.
Texas Pacific Group emerges as bidder for Smurfit
US private equity house Texas Pacific Group has emerged as a potential rival bidder or even a partner in the bidding for Irish packaging group Jefferson Smurfit.
Internet paper broker calls in admin receiver
Paper-Direct.com, the international online broker for paper and envelopes, has gone into administrative receivership.
Altered focus for Wyndeham Press
Wyndeham Press has reduced its exposure to the magazine sector to concentrate more on commercial work and believes it is well placed to take advantage of any recovery.
Creo joins the absentee list for Imprint
Creo has added its name to the list of non-participants at next years Imprinta show, a week after Heidelberg revealed that it wouldnt exhibit (<i>PrintWeek</i>, 14 June).
Pulp firms under fire for price rises
Pulp producers have been accused of failing to listen to market warnings and of adding to the financial pressure on paper manufacturers, after Sdra put its prices up again.
South Nottingham College gets DoE DI accolade
South Nottingham College is one of 60 colleges named by the Department of Education and Skills as a Centre of Vocational Excellence (CoVE), and is the only one of 370 applicants nationwide to receive...
Arjo blames staff cuts on poor market
Arjo Wiggins Carbonless Paper Operations Europe chief executive Grard Bougniart has acknowledged the scale of decline in the carbonless market, while unveiling plans to cut over 300 jobs.
Boxmore finishes expansion
Field Boxmore in Westport, Ireland, has completed its 1.5m expansion project funded by US parent Chesapeake.
Tullis Russell sees turnaround
Tullis Russell, the independent papermaker based in Fife, has reported a major turnaround in its financial results for the year to 31 March 2002.