EGYPT • The company has completed the acquisition of a control position in Suez Bags Company S.A.E for EGP 26.01 per share, which implies an equity value of EGP 284 million (EUR 13.6 million) on a 100% basis. Mondi now owns 96% of the company.
USA • Accordingto the company’s own information, it has begun a process to sell its flexo packaging division (FPD) for more than USD 400 million. Currently there is no information available about the buyer of the division.
GERMANY • Bio-based products, especially package material, are increasingly found in shop shelves and thus more often end in the waste stream. This poses a challenge to our recycling systems. Many waste management companies fear that bio-based plastics disrupt the established recycling processes.
Material flows in the PLA-cycle (Source: Fraunhofer)
Whether described as Industry 4.0, a smart factory concept or expanding the Internet of Things (IoT) to industrial applications, all these generally refer to the same thing: the networking and digitalisation of production. For manufacturers in all sectors, this topic represents a major challenge as well as a unique opportunity.
Added-value of the IIoT in the supply chain (Souirce: FachPack)
USA n Green Dragon flexo cleaner is an environmentally safe detergent for use in all flexo printing applications, where UV and water-based inks and UV coatings and varnishes are present.
UK • In response to recent media and consumer concern regarding packaging and the environment, the European Flexographic Association (EFIA) will be hosting a breakfast meeting to debate the sustainability challenges presented to the flexog supply chain.
SWITZERLAND • Symbiex solventless fast curing adhesive introduced to the market at drupa 2016 together with Nordmeccanica’s Duplex SL One Shot lamination line, has been granted global food approval for use in the production of barrier laminates in Europe, the USA and China.
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ITALY • InPrint Italy, exhibition for industrial print technologies is scheduled to take place at the MiCo Convention Centre in Milan 20 – 22 November 2018 with 85% of the exhibition space already been booked.
GERMANY • RM&C S.P.A., owner of Treofan Holdings GmbH, has sold its controlling stake in Treofan Europe to Jindal Films, an Indian film and label manufacturer.
The Australian packaging giant has entered into a strategic agreement to acquire Bemis, a U.S. manufacturer flexible and rigid plastic packaging for food, consumer products, medical and pharmaceutical companies for USD 6.8 billion. Combining the two complementary companies will create a global leader in consumer packaging.
USA • The manufacturer of equipment for viscosity measurement and control offers its “Practical Course on Viscosity Measurements” course. Discussion topics include how to pick a spindle/speed combination, methodology, rheology, calibration and verification checks.
USA n Organised by the Association for Print Technologies (formerly NPES), every fall, the “Print” event takes place in Chicago, offering the opportunity for industry professionals to see vendor products and equipment. This year, the show will take place Sept. 30 through Oct. 2, 2018, at McCormick Place in Chicago.
USA • The business division of Baldwin Technology Company Inc., opened its new headquarters located at Waukesha, Wisconsin.
Ribbon-cutting ceremony at Baldwin Vision Systems’ new headquarters at Waukesha, Wisconsin/USA (Source: Baldwin)
USA n The market research company MarketLine has published a study about the consuming behaviours of the millennial generation, consisting of individuals born between roughly between1985 and 1995.
The Berkshire Edage, LLC.