Paper

Premier Paper Group has bought the former Tullis Russell paper brand Advocate from Tullis Russell administrators KPMG.

Intellectual property (IP) consultancy Metis Partners is selling the IP assets of both Paperlinx and Tullis Russell Papermakers – and both have offer deadlines due this week.

The taskforce established by the Scottish government in the wake of the Tullis Russell Papermakers administration has agreed an action plan to spend the £6m pledged in state assistance.

Industry finance specialists are moving to provide alternative solutions for printers caught up in a post-Paperlinx credit crunch.

Independent paper merchant Premier Paper Group has become a UK stockist of Lumi papers.

A merchant which has supplied small print companies and design houses since 1999 is to launch a website to sell surplus stock and used equipment.

Mitsubishi HiTec Paper is increasing its paper prices by 8% - for all products.

GF Smith has acquired the Naturalis fine uncoated papers brand from the administrators of Tullis Russell.

Two new surveys by paper pressure group Two Sides have revealed that consumers much prefer print to electronic media when reading news, magazine content, complicated information and bills.

Paperlinx has announced it will not pay a distribution on its step-up preference securities (PSPS) for the six months to 30 June.

Paperlinx has completed the sale of its Irish operations, which will now be renamed Graphic & Paper Merchants Ireland.

Speculation is mounting over the future for Tullis Russell’s valuable brands, as it emerged that the failed papermaker was owed more than £1m by Paperlinx when the merchant went into administration.