April showered with price rises and exits
Monday, May 10, 2021
While the reopening of non-essential retail and outdoor hospitality was warmly received as a keystone in the industry’s ongoing recovery, April’s headlines were largely dominated by less welcome news.
1 Big increases in paper prices on the way 6,801 clicks
A raft of papermakers have announced upcoming price increases of between 6% and 15%.
2 CPI to exit commercial print 5,425 clicks
CPI Group is planning to cease third-party commercial work at its CPI Colour operation after the pandemic hit volumes, with the group set to focus on its core books business.
3 Stora Enso to cull more capacity with radical mill closure plan 3,117 clicks
Stora Enso has rocked the industry by announcing plans to take out a further one million-plus tonnes of paper production – more than a third of its total paper capacity – with the closure of two mills, including its large Veitsiluoto Mill in Finland.
4 CMS targets unlimited growth 2,539 clicks
Central Mailing Services (CMS) has laid the next plank in its ambitious investment strategy to support and drive growth, taking an additional unit and signing for a high-speed digital web press.
5 Print group hit by cyber attack 2,131 clicks
Print bosses have been warned to be on their guard after a prominent industry business was hit by a cyber attack.
6 APS takes on former Communisis exec 1,692 clicks
APS Group has boosted its team with another senior hire by taking on a former Communisis executive.
7 Platinum Print in UK HP Indigo first 1,670 clicks
Platinum Print has become the first UK company to install an HP Indigo 12000 digital press with 15K Value Pack, as it looks to expand its digital capabilities to broaden its customer offering and take on new types of work.
8 CMS revamps digital offering 1,541 clicks
Central Mailing Services (CMS) has spent around £430,000 revamping its digital print production offering with new engines from Konica Minolta and Xerox to keep up with demand.
9 More consumable surcharges announced 1,478 clicks
Two more suppliers of key industry consumable products have been forced to announce price surcharges because of spiralling raw material and shipping costs.
10 Go Inspire beefs up board 1,443 clicks
Go Inspire has appointed a marketing big hitter and seasoned agency chief to its board as it looks to embark on its next five-year growth plan and accelerate its evolution into a strategic managed services partner.