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Thursday, June 27, 2019 - 10:03

Latest News

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    Consumers who purchase PIXMA G Series printers: G2010 and G3010 are offered with Timex Watch. The offer is valid starting from May 15th till July 31st, 2019. 

    Canon India has launched two exciting consumer offers focusing on the school and college students. Consumers who purchase PIXMA G Series printers: G2010 and G3010 are offered with Timex Watch. The offer is valid starting from May 15th till July 31st, 2019. Along with the offer, G Series range of printers are offered with “free installation”. PIXMA G Series range of printers are the next generation Ink Tank printers which have low printing cost at 9 paisa per page for Black printing. PIXMA G Series printers are capable to handle up to 275 gsm stationery for printing. These printers can also support A4 borderless color printing.

    Along with this, Canon India has also launched consumer promotion for E Series Ink efficient printers: PIXMA E560, PIXMA E470, PIXMA E410. These products are offered with US Polo Assn. school bag. This offer is valid since May 1st and will be available till July 31st, 2019. Consumers can avail the free gift upfront along with the product purchase. 

    C. Sukumaran, Director, Consumer System Products, Canon India said, “In our endeavor towards keeping the consumers delighted, we are excited to introduce the ‘Back to School’ offer which promises advantageous giveaways for the students. As a trusted companion to students, Canon India continues to enable them in their journey, towards building a progressive career. We are providing the students with a diverse product portfolio, meant for catering to their various curriculum needs and make them future-ready. We will continue to lead by innovation, such as integrated ink-tank, wireless and cloud printing along with attractive designs in our inkjet printers along with focus on harnessing customer relations by providing better products, offers and an exception aftersales support.

     

     

    Fri, 21/06/2019
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    International Paper currently owns approximately 30 million shares, or 75 per cent of the company.

    West Coast Paper Mills has agreed to buy shares held by International Paper for as much as Rs. 650 crore ending a seven-year-old controlling engagement with the Indian paper producer.  International Paper currently owns approximately 30 million shares, or 75 per cent of the company. Through this deal, the existing promoters (of International Paper APPM) - International Paper Investments SARL Luxembourg and IP International Holdings Inc USA – are selling their shares. 

    “Pursuant to Indian securities law requirements, WCPM will launch a tender offer to acquire up to all APPM shares owned by public shareholders, which represents 25 per cent of APPM’s outstanding shares. The closing of IP’s transaction with WCPM will occur following the completion of the tender offer and receipt of anti-trust clearance,” both the companies said.  Bank of America-Merrill Lynch was the sole advisor to International Paper in the transaction. 
     

     

    Sat, 08/06/2019

Special Feature

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    • 'It's a very good moment for recycling in the United States,' said a recycling expert
    • China had long been the world's largest destination for paper, plastic and other recyclables

    The halt on China's imports of wastepaper and plastic that has disrupted US recycling programs has also spurred investment in American plants that process recyclables.

    US paper mills are expanding capacity to take advantage of a glut of cheap scrap. Some facilities that previously exported plastic or metal to China have retooled so they can process it themselves.
    And in a twist, the investors include Chinese companies that are still interested in having access to wastepaper or flattened bottles as raw material for manufacturing.

    "It's a very good moment for recycling in the United States," said Neil Seldman, co-founder of the Institute for Local Self-Reliance, a Washington-based organization that helps cities improve recycling programs.

    China, which had long been the world's largest destination for paper, plastic and other recyclables, phased in import restrictions in January 2018.
    Global scrap prices plummeted, prompting waste-hauling companies to pass the cost of sorting and baling recyclables on to municipalities. With no market for the wastepaper and plastic in their blue bins, some communities scaled back or suspended curbside recycling programs.

    New domestic markets offer a glimmer of hope.
    About $1 billion in investment in US paper processing plants has been announced in the past six months, according to Dylan de Thomas, a vice president at The Recycling Partnership, a nonprofit organization that tracks and works with the industry.

    Hong Kong-based Nine Dragons, one of the world's largest producers of cardboard boxes, has invested $500 million over the past year to buy and expand or restart production at paper mills in Maine, Wisconsin and West Virginia. In addition to making paper from wood fiber, the mills will add production lines turning more than a million tons of scrap into pulp to make boxes, said Brian Boland, Vice President of Government Affairs and Corporate Initiatives for ND Paper, Nine Dragons' US affiliate.

    "The paper industry has been in contraction since the early 2000s," Boland said. "To see this kind of change is frankly amazing. Even though it's a Chinese-owned company, it's creating US jobs and revitalizing communities like Old Town, Maine, where the old mill was shuttered."

    The Northeast Recycling Council said in a report last fall that 17 North American paper mills had announced increased capacity to handle recyclable paper since the Chinese cutoff.
    Another Chinese company, Global Win Wickliffe, is reopening a shuttered paper mill in Kentucky. Georgia-based Pratt Industries is constructing a mill in Wapakoneta, Ohio that will turn 425,000 tons of recycled paper per year into shipping boxes.

    Wed, 19/06/2019
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    इस अवसर पर वीनस ट्रेडर्स के सुरेंद्र करमचंदानी व प्रसिद्ध चित्रकार रवि परांजपे मंच पर उपस्थित थे.वीनस आर्ट फेस्ट प्रदर्शनी में एक ही छत के नीचे एक से बढ़कर एक कलाकृतियों व दिग्गजों के चित्र देखने का मौका पुणेवासियों को मिला। 

    बालगंधर्व रगमंदिर की आर्ट गैलरी में लगी चित्र प्रदर्शनी ‘वीनस आर्ट फेस्ट 2019’ के उद्द्घाटन के अवसर पर बाएं से सुधाकर चव्हाण, गिरीश बापट, सुरेंद्र करमचंदानी, रवि परांजपे व डॉ- सुभाष पवार चित्रों की दुनिया में एक अलग ही स्फूर्ति मिलती है, क्योंकि यहा राजनीति से अलग वातावरण होता है. कई बार तो किसी पुस्तक को पढ़ने से भी ज्यादा चित्र देखकर उसकी गंभीरता की जानकारी मिल जाती है। सांसद गिरीश बापट ने इन शब्दों में चित्रकारों को सम्मानित किया। बालगंधर्व रगमंदिर की आर्ट गैलरी में लगी चित्र प्रदर्शनी ‘वीनस आर्ट फेस्ट 2019’ के उद्द्घाटन के अवसर पर वे बोल रहे थे. 

    इस अवसर पर वीनस ट्रेडर्स के सुरेंद्र करमचंदानी व प्रसिद्ध चित्रकार रवि परांजपे मंच पर उपस्थित थे. वीनस आर्ट फेस्ट प्रदर्शनी में एक ही छत के नीचे एक से बढ़कर एक  कलाकृतियों व दिग्गजों के चित्र देखने का मौका पुणेवासियों को मिला।  शनिवार, 8 जून से सोमवार, 10 जून तक सुबह 11 से शाम 7.30 बजे तक यह प्रदर्शनी कलाप्रेमियों के देखने के लिए खुली रखी गयी  थी। जहां 45 चित्रकारो के चित्र एक जगह पहली बार प्रदर्शित किय गए। 

    गिरीश बापट ने कहा कि सिर्फ चेहरे ही बोला नहीं करते, बल्कि चित्र भी बोलते हैं. चित्रों की भाषा आंतरिक होती है और उसमें से चित्रकार की भावना, संवेदना, वेदना आदि की अभिव्यक्ति होती है. यह कला अनादिकाल से है और आगे भी रहेगी. 
    चित्रकार रवि परांजपे ने कहा कि पहले राजदरबारों में कला व कलाकारों का सम्मान हुआ करता था, जो अब कम हुआ है. राजनीति व राष्ट्रनीति में अंतर है और मौजूदा सरकार की जीत के बाद राष्ट्रनीति शुरू हो रही है. वर्तमान में यह महसूस हो रहा है कि जितना महत्व बाॅलीवुड व क्रिकेट का है, उतना शिल्पकला व चित्रकला का नहीं रहा। अन्य कलाओं को महत्व देकर उन्हें आगे बढाना जरूरी है.

    उद्द्घाटन समारोह में राष्ट्रीय पुरस्कार विजेता शिल्पकार जीतेंद्र सुतार, कला क्षेत्र में डी.लिट. का पहला सम्मान हासिल करने वाले मुरली लाहोटी, मराठी हस्ताक्षर के कलाकार गोपाल वाकोड़े, कला शिक्षा क्षेत्र के डाॅॉ. अवधूत अत्रे, डाॅॉ. मिलिंद ढोबले, ‘आर्ट2डे फिरी’ की प्रियंवदा पवार, डॉ. सुभाष पवार का गिरीश बापट के हाथों सम्मान किया गया।

    प्रदर्शनी में पेन्सिल, चारकोल, चाक, वाटर कलर, आॅयल कलर, एक्रेलिक आदि से निर्मित चित्र प्रदर्षित किये गये थे। प्रदर्शनी में गोवा, 9 जून की सुबह 11 से 1 बजे तक छोटे बच्चों के लिए चित्रकला के कुछ डेमो दिखाये गये तथा कार्यशाला का आयोजन किया गया। इसके अलावा शाम 4 से 7 बजे तक कलाप्रेमियों के लिए कार्यशाला आयोजित की गयी। 

    प्रदर्शनी में दिग्गज चित्रकारों के चित्रों के अवलोकन का मौका 

    प्रदर्शनी में कलाप्रेमियों को रवि परांजपे, मुरली लाहोटी, रावसाहेब गुरव, जयप्रकाश जगताप, सुधाकर चव्हाण, शोभा पत्की, मंजिरी मोरे, स्नेहल पागे रवि देव, मिलिंद मुलीक, संदीप यादव, संजय भालेराव, विलास कुलकर्णी, विवेक निंबालकर, शरद तरड़े व आदित्य शिर्के सहित कई सुप्रसिद्ध व दिग्गज कलाकारों के चित्रों का अवलोकन करने का मौका मिला।

    महात्मा फुले वस्तु संग्रहालय में स्थायी आर्ट गैलरी देने को अनुशंसा

    गिरीश बापट ने कहा कि महात्मा फुले वस्तु संग्रहालय में एक विभाग चित्रों के लिए रखा गया है. यह संग्रहालय सरकारी होने के  बावजूद सरकार से किसी भी तरह सहायता लिए बिना हमने इसकी मरम्मत है। संग्रहालय की चित्र-दीर्घा में कुछ चित्र हैं। साथ ही यह जगह स्थायी रूप से आर्टगैलरी हेतु देने की हमारी इच्छा है. यदि ऐसा हुआ तो चित्र, शिल्प जैसी कलाओं के लिए निशुल्क मंच उपलब्ध होगा।

    Tue, 11/06/2019

Industry People

  • 315

    Diversified ITC Group announced the elevation of its MD Sanjiv Puri as the Chairman and Managing Director of the company. The announcement was made as the company revealed its Q4 result for FY19. Puri has been elevated after industry leader and former Chairman YC Deveshwar passed away on May 11 after a brief illness.

    Diversified ITC Group announced the elevation of its MD Sanjiv Puri as the Chairman and Managing Director of the company. The announcement was made as the company revealed its Q4 result for FY19. Puri has been elevated after industry leader and former Chairman YC Deveshwar passed away on May 11 after a brief illness. YC Deveshwar (72) had stepped down from executive role in 2017 but remained as a chairman in non-executive capacity. “The Board of Directors of the company at the meeting held today appointed Sanjiv Puri, Managing Director, also as the Chairman of the Company with effect from May 13, 2019. Consequently, Puri’s new designation is Chairman and Managing Director of the company,” ITC said in a regulatory filing.

    In 2017, ITC had split the role of the Executive Chairman between Chairman and Chief Executive Officer as part of succession planning in the company. Deveshwar had played the role of mentor to the executive management led by Sanjiv Puri. The latter is an alumnus of the Indian Institute of Technology, Kanpur, and Wharton School of Business. He has been associated with ITC for a long time now. He joined ITC in 1986.

    He was appointed as a Director on the Board of ITC with effect from December 6, 2015 and Chief Executive Officer from February 5, 2017 taking independent charge of the executive leadership of the Company. He is also the Chairman of the Corporate Management Committee. On My 16, 2018, Puri was appointed as the Managing Director of the company. 
    Prior to his appointment as a Director on the Board of ITC, Puri was President, FMCG Businesses - Cigarettes, Foods, Personal Care, Education & Stationery Products, Matches and Agarbattis, since December 2014.

     

    Mon, 03/06/2019
  • 308

    The capacity of Sirpur Paper Mills is being refurbished and we expect that it will be used for production purposes by October 2019, said AS Mehta, President, JK Paper, during a candid chat.

    The fourth quarter numbers are better than what we achieved in last three quarters because it was achieved despite a 9-day long shutdown, says AS Mehta, President, JK Paper. Mehta said the capacity of the Sirpur Paper Mills is being refurbished and we expect that it will be used for production purposes by October 2019.

     

    Q: How do you see your Q4 results in terms of revenue, EBITDA and margin?

     

    A: I consider the numbers of the fourth quarter, Revenue, EBITDA, PBDT, PBT and net profit, as better than the numbers that we achieved in the last three quarters. This quarter is better for us because it was a quarter we were able to produce beyond targets and improved on the profit as well as margin percentage despite a 9-9.5 day long shutdown.

     

    Q: What is your expectation for volume growth in the next 2 quarters?

     

    A:  We always believe that the Indian paper market will grow at the rate of 6-7 per cent and that is why we have always said that our growth rate should be better than the rate at which industry will grow. 

     

    Q: How much margins do you intend to maintain for the next few coming quarters, considering it increased well in the previous few quarters? 

     

    A: Right now, I can just say that we will try to bring at least a fraction of improvement on the margin percentage that was achieved this fiscal.

    But, I would like to say that every industry or sector has a pick margin level, a maintainable level and sustainable level.

    2018-19 fiscal has been a good fiscal for the industry and it will be good for the industry if we are able to maintain or better on the number.

     

     

    Fri, 31/05/2019

New Products & Trends

  • 314

    Logitech revealed the VR Ink ‘Pilot Edition’, a stylus built for art and design in VR. Built with SteamVR Tracking tech, the stylus works similarly to a typical SteamVR controller, but affords the natural precision that comes with precise finger control. While it works well for drawing in the air, a pressure-sensitive tip also makes it great for drawing (and potentially evening writing) against a physical surface.

    Aimed toward enterprises using VR for digital design workflows, Logitech says that it plans to bring the VR Ink stylus to market in the near future. For the company, today’s announcement of the ‘Pilot Edition’ is about getting the word out and soliciting interest from companies who want to use or integrate apps with the VR Ink stylus.I got a hands-on demo of the VR Ink Pilot Edition and came away suitably impressed with what Logitech has put together, both in performance and functionality.

    Though it’s ‘just’ a stylus, the VR Ink has a surprising number of controls built right in. On the sides where you grip the stylus are two grip pads which can be squeezed as a form of input. On the top where your index finger rests is a pressure sensitive button at the front, an oval-shaped trackpad/button in the middle, and a smaller menu button in the back. There’s also on-board haptics, and the end of the stylus has a pressure-sensitive tip which allows for pressure-sensitive writing against physical surfaces.

    It’s definitely bigger than a regular pen or pencil, but actually impressively compact when you consider all of the electronics that need to fit inside, and easy enough to grip just as you would a real writing implement.

    The whole stylus uses SteamVR Tracking tech (supporting 1.0 and 2.0 base stations), and it can be easily used to draw lines in the air in art and design apps. For that purpose, it does feel more natural to use the pointy end of a stylus for tracing lines than using a big controller which restricts finer motions to wrist control, whereas a stylus benefits from fine finger control. Many readers on this site will be familiar with painting or drawing in 3D using VR, but the more exciting part of VR Ink is its ability to also draw precisely against a flat surface.

    The stylus is a tool that’s been around for a millennia, and for good reason—the ‘free’ feedback of actually pushing a writing implement against a surface works perfectly in conjunction with the fine motor control that our fingers are capable of.

    To make a stylus really work for surface drawing in VR, you need a lot of precision, and so far the VR Ink has impressed on that front. Largely driven by SteamVR Tracking, but undoubtedly assisted by the stylus’ pressure-sensitive tip, drawing against a table feels really natural. I’m by no means a digital artist who spends every day with a Wacom tablet, but I’ve used my fair share of tablet PCs with active digitizers (including the Surface Book as my primary laptop), and VR Ink’s drawing and pressure sensitivity felt very comparable.
     

    Thu, 20/06/2019
  • 300

    Elkos Pens team is excited to introduce Trend, its new ball pen as an extension to their wide range of office and classroom products.

    Featuring an attractive foil design, Trend is crafted with Korean technology with long lasting refill and well-designed scientific rubber grip for hassle free & smooth writing.                                   

    The trendy look, metalized font cone and unbreakable pc cap is all about huge on performance and look hence, differentiating it from the rest.

    The brand has always been a mark of excellence and has endeavored to deliver the best offering to its consumer. 

    These innovative foil designed pens capture the essence of brand. While a smooth writing experience remains the key buying factor, the new trend is being set to meet the demands of a growing class of consumers who are conscious of the designs and brands they use. 

    There is an increasing move towards look and feel of the products that one uses, as it viewed as an extension of ones personality and has become a part of ones lifestyle.said Mr. Vijay Singh, Assistant Manager- Marketing, Elkos Pens Ltd.

    Packaging:
    1pcs Single Box
    10 pcs hanger/10 pcs card pack
    100/100 pcs Inner Box
    800/1200 pcs Master Carton 

    Pricing and Availability:
    Elkos Trend ball pens is now available with retailers across India. It has been priced very competitively. You can follow the latest company updates on https://www.facebook.com/elkospens

    Thu, 16/05/2019

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