News

Oc moves HQ from Essex to City of London

Oc (UK) is relocating its head office from Loughton, Essex, to the City of London over the next few months

PaperX in receivership

The board of PaperX.com has appointed a receiver after the firm failed to raise a second round of financing

New Maximum Impact course

Specialist training consultancy Maximum Impact has introduced a new financial awareness course for print salespeople

Solution for West Ferry looking slim

Telegraph Group and Northern & Shell (N&S) seem to be further apart in their quest for an amicable settlement over West Ferry, with N&S owing 5m for printing services

Creditors absorb Element's 3.6m debt

Creditors of Elements and its subsidiary Regent have been left to absorb the companies bad debt to the tune of over 3.6m

Scitex to sell off its Vio and Karat stock

Scitex has rounded off a year of momentous change for the former pre-press giant by announcing plans to sell its stakes in Vio and Karat

Westvaco net income dips in first quarter

Westvacos first-quarter net income fell due to a decline in demand for its food packaging materials despite total income rising by 13%

Intrepid calls in the liquidators

Intrepid Marketing has appointed Capital Insolvency Services of Leeds as liquidator after going into voluntary liquidation on 26 February

Lotem favourite for St Ives CTP

St Ives is poised to buy the first CTP system for its web division, with CreoScitexs Lotem favourite for the deal.

Schreier points to digital print profitability

Heidelberg chairman Bernhard Schreier predicted 2010 will be a great year for the printing industry during his keynote address at US digital print show On Demand this week.<br><br>

Openshaw is now selling KPG plates

Openshaw has started to sell Kodak Polychrome Graphics plates including its Electra thermal CTP plate

Rival prepares CVA as debts mount up

Rival Envelope has appointed insolvency practitioners to prepare a proposal for a Creditors Voluntary Arrangement (CVA), with the company the subject of ongoing legal proceedings

CEPI members break record

Confederation of Paper Industries (CEPI) member countries are estimated to have produced an all-time record of over 90m tonnes of paper and board, according to preliminary statistics for 2000

Holmen Paper's Svensson quits as finance chief

Holmen Paper chief financial officer Lennart Svensson is to leave the company with effect from 30 June to pursue other activities

UK loses 4.4m-run mag deal

One of the UKs biggest magazine printing contracts has been lost to the continent, dealing a further blow to Polestar in the process