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Washington State to Outlaw Bisphenols in Paper Receipts

11 May 2023

The State of Washington has voted to outlaw Bisphenols, commonly called BPA and BPS, effective January 1, 2025.

This is the announcement of the change.  CLICK HERE

You will notice that this affects many industries.

In addition to the change in law, the state is assisting with some of the transition costs associated with the ruling.  Specifically to the thermal paper market, what is not included is the significant increase in raw material costs that will be passed on to businesses and consumers.  You can CLICK HERE for the link to the state-supported assistance.

 

If you have questions or concerns, please contact Brandon Kent, Vice President of Telemark Diversified Graphics at bkent@telemarkcorp.com

Record Paper Pricing, Record Gas Pricing, Record Inflation, When Does it stop?

21 Jul 2022

When does it Stop is the Million Dollar Question!  No one I have contact with has been 100% happy with the daily increased pricing we have all seen in the past months.  This goes for those of us in the paper industry and those in non-related industries.

One thing is sure, the future is UNCERTAIN.

Speaking with several mills, all of which seem to be running at 100% capacity.  This is likely driven by the huge bounce back in the economy, post-COVID pandemic.  Another factor is that the paper mill’s manufacturing capacity is nowhere near what it once was.  The result is remaining mill’s production schedules/capacities remain full.

Is this about to change?

Here are a few of my thoughts:

  1.  Rising interest rates, by the Feds, mean the cost of borrowing money for operational capital is on the rise.  This results in a higher payment each month on borrowed money, compared to 6 months ago.  Will this result in a “re-think” of companies’ paper strategies and a potential cancellation of open and future Purchase Orders, essentially limiting the amount of borrowed capital?
  2. Was there a Hoarding of Paper in the US?  I believe this is a driving factor in the Mills being at 100% capacity.  However, I know that some Converters have excess storage facilities to house large volumes of raw material, while others simply don’t have the space.  I can’t speak for other companies purchasing habits, but this is a possibility.  Second, I can speak to end users ordering much more volume than in previous years.  Their reasoning is the hedge against future price increases and prevents future supply outages.  This habit seems to be slowing, which could reduce demand for paper mills.
  3. Outside the paper industry, we are seeing headlines of economic slowings, such as the GDP, both manufacturing and technology companies announcing layoffs, and stock prices dropping.

If the Cost of Living is increased and wages and jobs are going to be flat or cut, consumer demand could see a rapid swing downward.   Household discretionary dollars are shrinking, which will result in lower retail, restaurant, and entertainment sales.  All of these would result in a lowering in paper demand.

What CERTAINIES do we have?  The near future will look and feel different from today!

Will we see pricing reductions on Commodities, driven by shrinking demand?  We all hope so!

Although pricing reductions sound like a great idea, I don’t feel we will ever get back to a pre-pandemic pricing level.

Would I love to see a 25% reduction?  Absolutely!

Brandon Kent

Vice President

Telemark Diversified Graphics

bkent@telemarkcorp.com

Want to Live in City Where Your Don’t Have to Pay Parking Tickets?

2 Mar 2020

Apparently You Don’t Have to Pay Your Parking Tickets in Cleveland

A third of all parking tickets issued over the last three years by the city of Cleveland remain unpaid, an investigation by News 5 Cleveland has revealed. Since 2000, the city has accumulated $45.6 million worth of uncollected fines.

That means millions of owed dollars that should have gone directly to the city’s general fund (which helps pay for parks, streets and police and fire stations) have yet to be collected.

As the city no longer employs a third-party collection agency, something that many other major cities use, it’s far easier for people who have one or two parking tickets to simply ignore increased fines and not pay.

When a driver has racked up more than three tickets, that’s when the city seems to have some leverage by not allowing a person to renew their vehicle registration with the state until the fine is paid.

 

Washington D.C. issues record $1 billion in traffic and parking tickets, AAA calls it ‘predatory’

2 Mar 2020

WASHINGTON — D.C. has long been considered one of the most expensive places in the country for traffic fines, seeing a steady climb year to year in tickets issued and revenue generated. But recently the District broke into stunning new territory, issuing more than $1 billion in tickets in just three years.
John Townsend, Public Relations Manager of AAA Mid-Atlantic closely monitors the District’s ticketing behavior. He says this is a money-making operation that can’t prove these high fines have made anyone safer.
The District hasn’t done any studies to provide evidence that D.C.’s cameras, and the high fines, translate to fewer accidents, fewer injuries and fewer deaths.
Nearly three million motorists were on the receiving end of traffic and parking citations last year, totaling $375 million.
In a study comparing the nation’s 25 largest metro areas, D.C. had the highest traffic fines per capita by a long shot at $170 per person, the next closest, Chicago, was $101.
AAA is likely to declare Washington, D.C. a “traffic trap” (or speed trap as it is commonly referred to) to its 60 million members.
From story by ABC7

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