RISI announces key moves in the recovered paper and containerboard markets
Boston, May 2, 2011 (Press Release)
- RISI, the leading information provider for the global forest products industry, today announced an agreement with Questex Media to take over publishing of Official Board Markets (OBM or the "Yellow Sheet") from Questex Media, and to take over the price benchmarking service (Bench$mart) and forecasting service (Fore$ight) from Moore & Associates.
"Bringing these products together under one roof with RISI's existing forecast and price reporting capabilities creates an opportunity for us to help
the North American recovered paper and containerboard markets operate more efficiently through better market information and price reporting," said Mike Coffey, CEO of RISI. "On the recovered paper side,
we are working together with industry expert Bill Moore, to analyze current challenges and conduct an industry dialogue to ensure a healthy system for reporting prices."
Bill Moore, President of Moore & Associates, said, "No company is better equipped than RISI to bring about the changes that are needed in this
market. Their track record for independence, professionalism and transparency are what led me to partner with them to build a better price reporting system."
RISI will not make immediate changes to OBM, Bench$mart or Fore$ight for now, but will instead initiate a dialogue within the recovered paper and
containerboard industries on how price and cost reporting can be improved.
"We are bringing an unprecedented group of resources to bear to help make our price coverage more transparent, accurate and reliable," said Todd
Petracek, RISI's Vice President of News, Markets and Prices. "Over the next three months we will solicit the feedback of players in the industry on our plans. We will then announce the final plan and a
timetable for implementing our improvements."
For more information and to participate in the dialogue on recovered paper and containerboard price discovery, visit www.risi.com/rcp-ctb.
Along with OBM, RISI is also taking over the quarterly magazine Paperboard Packaging from Questex.
About Official Board Markets
OBM (commonly known as the "Yellow Sheet") is a weekly publication that publishes news and prices for the containerboard, boxboard, recovered paper and
corrugated sheets markets. The magazine serves a range of clients including independent and integrated paperboard converters and mills, recyclers, packaging buyers, and paper brokers. OBM was owned
by Questex Media Group, LLC., which is a diversified business-to-business (B2B) integrated media and information provider.
Formerly owned by Moore & Associates Inc., a leading consulting firm on the North American recovered paper markets, Fore$ight is a quarterly price
forecasting service for #7/8 old newspapers (ONP), #10 old magazines (OMG), old corrugated containers (OCC) and sorted office papers (SOP).
Another former Moore & Associates service, Bench$mart is a twice-yearly report of actual mill recovered paper purchase prices. The report helps pulp
and paper producers, converters, equipment and service suppliers, trade associations, and local and state governments make more cost-effective decisions.
About RISI (www.risi.com)
RISI is the leading information provider for the global forest products industry. The company works with clients in the pulp and paper, wood products,
timber, biomass, tissue, nonwovens, printing and publishing industries to help them make better decisions.
Headquartered in Boston, MA, RISI operates additional offices throughout North and South America, Europe and Asia.
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VP News, Markets and Prices
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