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Latest News

  • 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
  • 306

    One student’s story to be animated and air on channel

    Pilot Corp. of America has signed on to Cartoon Network’s anti-bullying campaign for two years.

    As part of the Stop Bullying: Speak Up initiative Cartoon Network and Pilot Pen are distributing 500 bookmaking kits to classrooms and educators nationwide and asking students to write stories about how kindness and understanding stopped bullying before it started.

    Over the course of the two-year partnership, Cartoon Network and Pilot Pen will expand the reach of their joint initiative to erase bullying and encourage kids to speak up safely and effectively through various multimedia extensions, including “Stop Bullying: Speak Up” co-branded packages of Pilot’s FriXion erasable pens. The second annual writing challenge will resume in 2020 to continue to empower kids to tell their stories.

    The network will pick one story and animate it using Pilot Pen’s FriXion clicker erasable gel ink pens. The 30-second animated vignette will air across Cartoon Network’s television, digital and social properties during the back-to-school season in August and September.

    Pilot Pen has been running its own “Erase Bullying for Good" campaign. It will air its own commercial creative on Cartoon Network to align with the campaign in August and September.

    “At Pilot, we believe in the power of the written word to inspire and empower people of all ages to express themselves fearlessly, even in the face of bullying,” said Ariann Langsam, VP of Consumer Marketing, Pilot Corporation of America. “We’re excited to partner with Cartoon Network to expand our ‘Erase Bullying for Good’ campaign and be able to share this message of positivity with young people in their own words.”

    Over the next two years, Cartoon Network and Pilot Pen will employ new ways to highlight their effort to encourage kids to speak up safely and effectively. One way will be through co-branded packages of Pilot’s FriXion erasable pens that carry the “Stop Bullying: Speak Up” message.

     

    Thu, 30/05/2019
  • 307

    Shares dip as group also hurt by declining demand for lighters in North America

    Flagging sales of pens in India and lighters in North America knocked revenues at French stationery maker Bic at the beginning of 2019. The company, known for its ubiquitous biros and razors, said sales had fallen 2 per cent on a comparative basis to €415m in the first quarter of the year as its overall trading environment remained “challenging”.

    Pre tax income dropped 18 per cent to €55m as South American exchange rates and rising raw material costs weighed on its margins. Shares in Bic fell as much as 10 per cent in early Thursday trading, making it one of the worst performers on the Stoxx 600 index — second only to Finnish electronics group Nokia, whose shares plunged after an unexpected first-quarter loss.

    After a strong 2018 fourth quarter, and while the overall trading environment remains challenging, 2019 started with soft results impacted by stationery in India and lighters in the US,” said Gonzalve Bich, Bic Chief Executive.

    However, we maintained or grew market share in our three categories, and regained momentum in shavers,” he added.

    In India, Cello Pens, which Bic bought in 2015, saw a double digit drop off in sales as it sought to reduce shipments to so-called “superstockists”. Global stationery sales fell 6 per cent on a comparative basis, stripping out the impact of acquisitions and divestments.

     

    Thu, 30/05/2019
  • 305

    Japanese stationery and office products manufacturer Kokuyo has indirectly taken a 37% stake in compatriot pen maker Pentel through an investment fund, the company said.

    Kokuyo, the country's leading maker of stationery products with a strength in notebooks, will invest 10.1 billion yen ($92 million) in a fund operated by Mercuria Investment, which currently serves as the largest shareholder of Pentel. Kokuyo will become the fund's, and through it, Pentel's top shareholder.

    Kokuyo said that it had been sounded out by Mercuria when the investment firm began to consider a sale of ILP and that it came to the conclusion that “an alliance with Pentel has solid strengths that will enable both the company and Pentel to further improve our corporate value and allow us to make the leap to becoming a top player in the global stationery market”.

    Pentel is an unlisted company known for producing the world's first modern mechanical pencil in 1960. More recently its colorful gel ink ballpoint pen has won a devout following around the world.
    Kokuyo aims for growth in Asia, where stationery demand is expected to increase, and other markets by tapping Pentel's overseas sales network.
     

     

    Wed, 29/05/2019
  • 303

    Founded in Japan by Ryosuke Namiki and Masao Wada, the Pilot Pen Corporation (named the Namiki Manufacturing Company at its founding) is commemorating its 100th anniversary with new products that highlight the brand’s history using traditional Japanese decorative techniques.

    “In celebration of our 100-year anniversary the artisans at Pilot Corporation have created an exceptional array of commemorative items to bring to life Pilot’s rich heritage,” says Ariann Langsam, vice president of consumer marketing for Pilot Corporation of America. “Each special edition item was designed to be a true masterpiece. And each pen is expertly handcrafted by master artisans highly skilled in the traditional techniques of maki-e lacquer work and chinkin gold inlay. They feature distinctive 18-karat gold nibs inscribed with the words ‘100th Anniversary’ and an image of Mount Fuji.”

    Pilot’s past has included many such beautifully decorated pens, many of which were made at the company’s manufacturing facility in Hiratsuka, Japan.

    Maki-e is a Japanese decorative technique first developed in the eighth century wherein wet lacquer is sprinkled with a variety of metal powders to create a particular décor. Maki-e, which means “sprinkled picture,” requires many years of training, with the ultimate goal of becoming a master. Chinkin gold is another decorative style that results in a gold inlay effect. Both techniques, beautiful in themselves, are further enhanced using the small canvas of a pen.

     

     

    Mon, 27/05/2019
  • 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
  • 301

    ITC chairman YC Deveshwar died on May 11 in a Gurugram hospital. He was 72, and was ITC’s longest serving corporate head. He transformed the cigarette major into a diversified player with interests in FMCG, hospitality, IT and other sectors and boosted the power of “packaging”.

    Conferred the Padma Bhushan for his service to the nation, Deveshwar championed the cause for sustainable and inclusive growth and the transformative role businesses could play in creating larger societal value. This vision drove ITC to pursue business models that today supports over six million livelihoods, many amongst the weakest in society.

    Sanjiv Puri, the Managing Director of ITC Ltd. said in an official statement, “We deeply mourn the passing away of YC Deveshwar, chairman ITC. In this hour of profound grief and sorrow, we recall with respect and pride the legendary stewardship he provided to ITC over two decades as its chairman. Inspired by patriotic fervour, manifest in his clarion call of ‘Lets Put India First’, he led ITC’s strategic thrust to create an exemplary Indian enterprise dedicated to  serving national priorities.”

    Sat, 11/05/2019
  • 299

    Having gained immense support, popularity and loyalty from its regular customers as well as new clientele in the city’s Appa Balwant Chowk, FC Road, Kothrud, Magarpatta and Wanowrie localities, the family-owned business has now opened its doors in Baner. 
    The new store has already conducted its first successful drawing competition and plans to continue holding events related to arts and crafts. 
    Venus Traders stocks the A-Z of stationery products, art and crafts materials, office and storage supplies and other day-to-day objects, all sourced internationally and locally. Fair prices, top notch quality products and their commitment to the sector have ensured the brand’s success and growth in Pune city. 

    For more updates, you can follow them on 
    Facebook (@VenusTradersPune) and Instagram (@venustraders).

    Thu, 02/05/2019
  • 291

    As National Stationery Week grabbed national headlines over the weekend, Monday morning proved a successful start to the week as the annual campaign trended three times in the first hour of the opening day.

    The hashtags #NationalStationeryWeek, #natstatweek and #writingmatters occupied first, second and third place in the top UK trends.

    Boasting over 2,600 tweets between them on the opening day of the campaign, stationery addicts helped spread the love for pens, pencils, rulers and more - proving that the art of handwriting is still appreciated throughout the country.

    With another six days on the Seven Days of Stationery, it is expected that further hashtags will trend whilst the current trio cement their places as the most popular UK topics.

    It’s not only been on Twitter where people have shared their love for stationery; the success of National Stationery Week has spread to both Facebook and Instagram, with the later seeing over 2,000 uses of the hashtag #NationalStationeryWeek in the last week alone.

    Although the campaign has already started, there are still ways retailers and manufacturers can get involved in the campaign including:

    • Signing up as a participating retailer
    • Tagging @natstatweek into posts on Twitter and Instagram
    • Using the Seven Days of Stationery in stores and online
    • Displaying the National Stationery Week logo on digital platforms

    National Stationery Week runs from 29 April – 5 May and is sponsored by Derwent, Ryman, Paperchase and Marple Stationery Supplies.

    Tue, 30/04/2019
  • 290

    Following a busy start to 2019, Shachihata Europe is pleased to announce its return appearance at the London Stationery Show on stand M709.

    Shachihata Europe says it is guaranteed to make a huge impression on buyers with its selection of colourful, versatile and specially developed markers and stamping solutions. The portfolio of brands under the Shachihata name includes Artline and Xstamper, which will all feature at the stand while British artist Judith Selcuk will also be joining the team for the second year running.

    A selection of new products will be unveiled at the show including the Artline Decorite series which features sixty markers in a selection of colours and nib styles to suit every imagination Across the Decorite range is a selection of markers with bullet tips, chisel tips and brush markers for a varied and boldly coloured consumer art selection.

    Whilst Artline’s markers are set to shine, Shachihata Europe will be putting its stamp on the London Stationery Show with its popular Xstamper product range. Led by the Xstamper QuiX Machine – a speedy option to make personalised stamps – the collection is perfect for educational, stationery and multi-purpose retailers.

    During the show, Judith will be running two workshops across both brands to show buyers how Artline and Xstamper products can be activated in-store for further sales opportunities.

    Christopher Collins, Business Development Manager for Shachihata Europe, said: “As a retail proposition, Shachihata Europe has so much to offer for a huge cross-section of consumers. There’s a product range to suit every retail requirement. “Whether it’s stamping solutions or markers, we’ve got an option for you.”

    To find out more about Artline, Xstamper and Shachihata Europe, visit www.shachihata.eu

    Mon, 29/04/2019

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