analyses of the processes and procedures
used to protect sensitive information.
Continuum also helps its clients manage
new regulations, such as those mandated
by HIPAA, the Sarbanes-Oxley Act and
Graham-Leach-Bliley, working to ensure
compliance with information security requirements and to mitigate audit risks.
Continuum Worldwide also offers
its clients enterprise security solutions,
investigative and compliance solutions,
business partner assurance, identity and
access management and IT infrastructure
“We have experienced robust growth,
tripling in size since we began in January 2006, and we anticipate continued
strong growth in the years ahead,”
Continuum Worldwide is a subsidiary of Mutual of Omaha.
Minnesota-based First State Bank and
Trust has installed four self-service shredding kiosks from RealTime Shredding
Inc., based in Colorado Springs, Colo.,
for customer and public use
First State Bank and Trust installed
the shredders at its locations in the Minnesota cities of Bayport, Oak Park Heights
and Stillwater. The kiosks, developed
by Real Time Shredding, cross-cut shred
paper, cardboard, credit cards, paper
clips, staples, and even CDs, DVDs and
floppy disks, shredding up to 200 sheets
of paper per minute.
Customers and the general public can
use the Self-Service Shredder at any of
these three locations for free.
>> COMMODITY REPORT
While recovered fiber isn’t fetching the high prices it was
in early 2007, prices remain above average across most
grades. As spring shifts into summer, sources report
stable, steady markets with little movement either up or
down in price and no large swings in supply or demand.
Export buying from Asia has been quiet for the last
month of so, with China nibbling at the supply instead
of engaging in more aggressive purchasing. This leads
some sources to speculate that inventories in Asia will
soon be running low, which will lead to more aggressive
export buying in the near future.
Sources report steady, if slightly slow-moving, markets
for all grades, from bulk grades like old corrugated
containers (OCC) to high grades like sorted office paper
(SOP). While there is hardly screaming demand for
recovered fiber at the moment, sources say the market
has settled into a fairly comfortable rhythm of supply and
demand where there is little trouble moving material or
The only sign of trouble, according to a Midwestern recycler, is on the old newspaper (ONP) front. The
construction market, particularly new residential housing
starts, has been weak throughout 2007. The most recent
construction spending report, released by the U.S. Commerce Department May 31, showed total construction
spending posting a meager gain of 0.1 percent in April,
but falling 2.5 percent for the first four months of the year
compared to the same time period in 2006. The residential
construction component of that number fell 0.9 percent
for the month and 15 percent year-to-date. The dismal
housing market is bad news for the insulation market,
which is a major buyer of ONP.
Historically, the end of June sees some unrest in the
market as mills try to build up their inventories in anticipation of the Fourth of July holiday. However, this year,
with the holiday falling mid-week, sources report that they
*Index is based on 1982 average prices as 100
Source: U.S. Bureau of Labor Statistics
did not see much change in the usual buying patterns.
Looking forward, sources expect a pretty typical summer for the recovered paper market. Traditionally, business
slows down in general during summer months, and the
same goes for the recovered fiber industry. “Business in
general in the summer tends to be a little bit slower, and
generally, the tonnage available is a little less,” says one
West Coast recycler. Generation tends to fall across the
board, particularly office pack, as more people take vacation during the summer. Retail is slower, which translates
into fewer ads and thinner newspapers, thus less demand
for printers. OCC generation also tends to dip in the summertime, sources say.
However, the relaxed pace of summer tends to shift
into a higher gear come early August, which brings back
more active retail business, sends children back to school
and sees the industry already beginning to gear up for the
busy holiday season.
(Additional news about paper recycling markets, including breaking news and pricing information, is available
online at www.RecyclingToday.com.)