KBA increases its sales targets

KBA has again revised upwards its sales and earnings targets for the full year after achieving double-digit growth in Q3, with a strong showing across all areas of the business.
The Germany-headquartered press manufacturer achieved a 22.3% increase in group revenue in the first nine months of 2016 to 30 September, up from €679.7m to €831.4m.
Group order intake grew by 1.2% over the same period in 2015 to €869.8m, meaning new orders exceeded group sales by more than €38m.
The order backlog was

Xaar announces new printhead

Xaar has announced new printhead for coding and marking -502 GS15 O, suitable for manufacturers developing machines to print high quality late-stage product identification such as text, product data, bar codes and graphics onto secondary packaging or directly onto shaped products and primary packaging.
This printhead launch delivers a step change in product identification technology by combining binary and greyscale capabilities in one wide-swathe (70.5mm) printhead to give users additional

Agfa ends talks with its potential buyer

Agfa and CompuGroup Medical SE have ended discussions over the latter’s potential takeover bid.
German medical software company CompuGroup approached Agfa in October to indicate its interest in a potential acquisition.
The following month Agfa’s board of directors decided to engage in “non-exclusive discussions” with CompuGroup, taking into account the interests of its shareholders and other stakeholders.
In a statement released on 2nd December Agfa said: “Agfa and CompuGroup have reached an

Komori posts challenging results

Komori’s latest results have been hit by exchange rate changes and the end of investment subsidies in its home market, and the press manufacturer is yet to see a boost to orders through its partnership with Landa.
In the six months to 30 September sales fell 21.6% to ¥33.9bn, and in a major reversal of fortunes Komori posted an operating loss of ¥2.1bn compared with last year’s ¥2.2bn operating profit. The bottom line loss was ¥3.6bn.
The firm has downgraded its forecasts for a year as a

Print innovators complete project

A consortium of print manufacturers and technology companies, led by the Centre for Process Innovation (CPI), has completed an 18-month project to develop and scale up a print energy-harvesting device for the mass market.
The device, which was first discussed in September 2015, can soak up and retain energy from devices such as mobile phones held at close proximity and then use that stored energy to power small sensors incorporated into items such as POS products and branding.
The CPI developed

Heidelberg expects more from ‘push to stop’ concept

Heidelberg has launched the ‘pust to stop’ concept at Drupa, and it has already been field tested at a number of customers, with six presses of different sizes involved in the field testing phase. It expects its customers’ OEE (overall equipment effectiveness) to vastly increase over the next decade as a result of the developments. “It’s currently at an average of around 25% and I expect 50% OEE to be the average in 10 years,” said Heidelberg head of sheetfed product management Rainer Wolf. “We

Presstek announced the unexpected death of Sparsh Bhargava

Presstek announced the sad news that its President and CEO, Sparsh Bhargava, died unexpectedly on Friday the 28th October 2016. Bhargava’s impressive career also included the position of Vice President of Marketing at iCare Software, an enterprise software start-up in the early education industry, and Project Manager at Procter & Gamble. During his time at Procter & Gamble he managed new product launches and cost savings projects across multiple categories and manufacturing plants. 

Kodak is to relocate its European headquarters from Switzerland to Watford

Kodak is to relocate its European headquarters from Switzerland to Watford, UK “effective 1 January 2017”.  A statement from Kodak’s European headquarters said: “We continue to review our operations and structure to ensure our business model is sustainable and facilitates future growth for the company. To remain competitive, Kodak needs to respond quickly to market conditions as they evolve and to meet the needs of our customers. “As a result of this review, Kodak will relocate its European

Heidelberg has announced across-the-board improvements in its second quarter

Heidelberg has announced across-the-board improvements in its second quarter results, citing a strong Drupa order book as responsible for the increase that has led to its first positive Q2 net result in six years.  A strong Drupa order book meant incoming orders for the first six months were up 6% on the previous year’s figure, rising from €1.3bn to €1.4bn. Order backlog was 19% higher than the the previous year. A spokesman for Heidelberg told PrintWeek: “With regards to targets in digital

Mondi will acquire corrugated producer

Mondi Group has signed an agreement to acquire 100% of the outstanding share capital of LLC Beepack  from a private investor for EUR 41 million on a debt-and-cash-free basis. For the year ended 31 December 2015 Beepack generated revenues of RUB2,782 million (EUR 41 million) and adjusted EBITDA of RUB462 million (EUR 7 million).
   Beepack’s plant in Lebedyan (Lipetsk region of Russia, around 400 km south of Moscow) makes a range of corrugated packaging trays and boxes for food and agricultural

Swanline Paper and Board (SPB) has collaborated

Swanline Paper and Board (SPB) has collaborated with Swedish paper mill Oppboga Bruk to launch a water-resistant outdoor display board that does not use a polyethylene (PE) coating to achieve its impermeable properties.  The product contains up to 60% recycled fibre, is FSC certified and is 100% recyclable. Its 100% paper fibre composition is said to enable high resistance to moisture, even compared with less ecologically sound PE-coated alternatives. The substrate is suitable for outdoor

FESPA Asia 2017 will be held between 15th to 17th February 2017

FESPA Asia 2017 will be held between 15th to 17th February 2017 at the BITEC exhibition centre, Bangkok, Thailand. Over 100 companies including dgen, EFI Reggiani, HP, KIP, Kornit Digital, Mimaki, Roland and Zünd have confirmed participation. FESPA’s activity in Asia is actively championed by nine National Associations, in Thailand, India, Sri Lanka, Nepal, Republic of Korea, Japan, China, Philippines and Australia, who support a combined membership of more than 2,000 print service providers

UPM participated at the World Publishing Expo 2016 in Vienna

UPM participated at the World Publishing Expo 2016 in Vienna, Austria.  “For our business the World Publishing Expo is one of the highlights of the year. We are committed to newspaper publishing and want to be present where our like-minded collaborators meet,” says Ken Ehrnrooth, vice president, sales, news & retail in UPM Paper ENA.  “We presented our comprehensive product range for newspaper publishing and shared the latest news in product development side. Sustainability, commercial

Amazon has launched a new photobook printing service

Amazon has launched a new photobook printing service in the US.  Amazon Prints, its new photo printing service, offers printed photos starting at 9 cents each, with photobooks starting at £15. The company’s website says that stationery and calendars will also be available soon and that for a limited time shipping costs will be free.  Amazon US’s Amazon Prime membership, which costs £76, includes free photo storage as a feature, along with delivery discounts and video and music streaming. It

RRD separation complete

Print and outsourcing giant RR Donnelley has completed its three-way split.
   The US-headquartered group has now spun off its LSC Communications and Donnelley Financial Solutions operations into separate entities.
    Former RR Donnelley president and chief executive Thomas Quinlan becomes chief executive of the $3.7bn turnover LSC Communications business, which includes magazine, catalogue and book printing, and office products.
    He described it as a “significant milestone” for the group

Canon reaches inkjet milestone

Canon has now installed more than 1,000 continuous-feed inkjet printers worldwide since it began manufacturing and supplying the technology in 2008.
Making the announcement at Canon’s annual Commercial Printing Business Day at its Customer Experience Centre (CEC) in Poing, Munich, Canon executive vice president of commercial printing Christian Unterberger said: “We are delighted to have now installed 1,000 continuous-feed inkjet units worldwide so far.
“This is the sixth year in a row we are the

Atlantic Zeiser is presenting its new PERSOMASTER

Atlantic Zeiser is presenting its new PERSOMASTER personalization system at Trustech 2016 fair in Cannes. The company is also showcasing its new CARDLINE VERSA Color Plus, an all-in-one solution for producing and inline personalizing gift cards with up to six colors within a very small footprint. Compared to thermal transfer printing, for example, the drop-on-demand (DoD) inkjet based PERSOMASTER can curb consumables expenditure when personalizing banking cards by up to 98 percent. “The era

Sun Chemical has hit the M&A trail again

Sun Chemical has hit the M&A trail again with the purchase of Gwent Electronic Materials (GEM), its first move into the printed electronics ink sector.  Sun Chemical has hit the M&A trail again with the purchase of South Wales-based Gwent Electronic Materials (GEM), its first move into the printed electronics ink sector. In early October, Sun Chemical completed the acquisition of the Flint Group’s European publication gravure division, an acquisition that was first announced in August

Agfa Graphics will participate in InPrint 2016 in Milan

Agfa Graphics will participate in InPrint 2016 in Milan, and exhibit a range of industrial products that are digitally printed including UV-curable or water-based.  Also on display will be printed tubes and cans, customized shoes and chairs, personalized PET bottles and containers.  “More and more industrial customers enjoy the advantages of digital printing and the availability of a process or solution that integrates print in their manufacturing set-up,” said Tom Cloots, marketing manager

Japanese technology giant Fujitsu is set to axe

Japanese technology giant Fujitsu is set to axe more than 10% of its employees nationwide. In a statement the company said it planned to “streamline operations in order to remain competitive in the market”.

Thiele releases automatic sealer

Thiele announced the release of its new woven poly propylene (WPP) sealer for the Star Series line of bag filling machinery.
    “This project was a direct result of customer needs,” said Braden Beam, Thiele’s flexible business leader.  “We’ve seen the use of woven poly propylene bags increasing for many of our customers.  They have needed a fully automatic bag filling solution that runs and seals in one system. Our team invested in this project and we hope this meets their needs in meaningful

Agfa proposes plate plant closure

Further consolidation of worldwide printing plate manufacturing appears to be on the cards, after Agfa proposed the closure of its Italian plate factory.
The facility makes analogue offset printing plates and a specific type of no-bake thermal plate. Agfa took over the facility in 2004 when it acquired Lastra, and it is one of Agfa’s smaller sites worldwide.
Agfa Graphics president Stefaan Vanhooren said the move was part of a global streamlining plan that would reduce overall capacity and cut

OKI expands LFP Color Painter family

OKI is set to expand its ColorPainter wide-format printer portfolio with the addition of a new machine.  The E-64s ColorPainter will be launched in December this year. 
The 64in (1.6m-wide) machine is said to offer a high level of quality and precision and entry-level, environmentally aware printing.
 The device, which uses OKI’s high-pigment eco-solvent SX ink, supports the optimum level of colour at all print speeds for both indoor and outdoor applications.
It can handle substrates including

Heidelberg announces funding for 5 refugees

Heidelberg has announced that it is taking five refugees onto its internship programme and said it hopes all five will progress onto its formal three-year training programme. The refugees, from Afghanistan, Syria and Nigeria, will begin their funded internships at the start of November, alongside 12 other new interns. All funding for them was made available through Heidelberg.
Heidelberg training manager at its Wiesloch-Walldorf plant Andreas Blum said: “The overall situation in Germany is

Avery Dennison to raise the sustainability bar

Avery Dennison Label and Packaging Materials is stepping up its efforts to raise the sustainability bar. The company is inspiring converters and brands to work together to increase sustainability awareness, choices and collaboration to solve some of the industry’s most difficult problems. Avery Dennison is launching a multifaceted initiative this month, which embraces an educational campaign that positions the company as a force for good. The company also featured a “Sustainability and

Mimaki has extended its JFX200 product range

Mimaki has extended its JFX200 product range with the launch of the JFX200-2531 model, which offers an increased printing area and enhanced productivity. The new flatbed UV LED printer features the same specifications as its predecessor but adds a larger table with a print area twice the size. It also includes a ‘toggle print’ function that increases productivity and improves continuous running capability by allowing operators to load one board while another is printing. Mimaki EMEA general

DS Smith has finalised its takeover of Deku-Pack

Acquisitive global packaging giant DS Smith has finalised its takeover of Danish-based POS printer Deku-Pack, expanding its POS offering. The proposed acquisition was announced on 20 July and is DS Smith’s eighth since May 2015. It could not reveal how much the deal was worth. DS Smith acquired Creo in June, on the same day as it announced its proposed acquisition of Portugal-based corrugated packaging business Gopaca. Deku-Pack mainly focuses on the FMCG sector. It consists of five

Plockmatic has hinted that it could make more acquisitions

Plockmatic has hinted that it could make more acquisitions in the near future. The company bought Italian bindery kit manufacturer KGS Bindery in April and UK post-press specialist Morgana in 2013.  Plockmatic expanded its portfolio of machines with its acquisitions of KGS Bindery, which had been supplying a range of its PUR binding products exclusively to Morgana for the previous five years, and Milton Keynes-based Morgana, which also took the company into the offline bookletmaking market.

Sales of Xerox DTO printer exceed expectations

Xerox has said that interest and sales of its Drupa-launched Direct to Object (DTO) printer have far exceeded expectations and the printers will now be rolled out in October instead of at the end of this year.
According to Xerox vice-president of engineering services and customisation Brendan Casey, Xerox decided to fast track installations of the DTO printer after there was far more interest than expected at the trade show. The price of the machine is listed at $145,000 but varies on

New polymer fiver in circulation

The UK’s new polymer £5 note has entered circulation. 
The new £5 note features an image of Sir Winston Churchill and has been eagerly anticipated since mass printing first began in the factory of security printer De La Rue last September.
According to the Bank of England (BoE), the added strength of the polymer material means it is resistant to dirt and moisture and will have a lifespan of around five years – two and a half times longer than the current £5 note.
 Governor of the BoE Mark Carney