International Paper appoints its first Director of Sustainable Development
International Paper, a leading producer of packaging, pulp and paper made from renewable fibres, has created a new position, that of Director of Sustainable Development. Sophie Beckham has been appointed to this new position. Her mission will be to carry out the Vision 2030 plan presented a few days ago (read 100% renewable products with International Paper by 2030 ). Sophie Beckham joined the forestry group in 2013 as head of forest management and environment.
Price increase of 5 to 8% at Sappi
After the Spanish Lecta It's the turn of South African papermaker Sappi to raise its prices. He invokes "declining profitability combined with further cost increases." This increase of 5 to 8% in Europe concerns sheets and reels of woodfree coated paper (WFC) and woodfree uncoated paper (WFU) with immediate effect.
Google unveils YouTube revenues
For the first time, Alphabet, a company that includes all the companies owned by Google, disclosed the revenues generated by each of its subsidiaries when it presented its results for fiscal year 2019.
The YouTube video platform made $15.15 billion over the year, a significant increase over the previous year ($11.16 billion).
Alphabet also revealed the turnover generated by Google Cloud: 8.92 billion in 2019 compared to 5.84 billion in 2018. Google's other sources of revenue, such as non-advertising revenue from YouTube and smartphone sales, amount to $17.01 billion.
In total, Alphabet's sales amounted to $162 billion, up 18% year-on-year.
Arctic coated paper now in ultra white
Swedish-Polish papermaker Arctic Paper adds a fourth shade to its Arctic coated paper range: Arctic, with Artic Volume Ice, an ultra-white, puffy matte paper with a luminous whiteness of 145 CIE. Arctic Volume Ice is available in seven grammages ranging from 115 to 300 gsm 2 in sheets and rolls. It is made in Sweden and optimised for colour printing in heatset offset, sheetfed offset, flexo, laser and HP Indigo.
