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Flint Group innovation showcased at CorrExpo 2023

Flint Group Packaging, one of the largest consumable suppliers to the global print and packaging industry, is gearing up for an innovation showcase at CorrExpo 2023, which takes place 28-30 August in Cleveland, Ohio, USA. Attracting Paper & Board packaging converters from across North America, CorrExpo is one of the region’s premier packaging exhibitions. At booth 219, Flint Group will put its AQUACode range of water-based ink and coating technologies on center stage alongside its ground-breaking IDERA digital print engine. The AQUACode water-based ink and coating portfolio includes OctaCode, a water-based dispersion technology that offers exceptional performance on porous and non-porous substrates, high pigment loading for superior graphics, and stability both on and off-press. Jeff Ashburn, Vice President Strategic Accounts Paper & Board, expressed enthusiasm for the upcoming event, stating, "CorrExpo 2023 provides us with a tremendous opportunity to connect with corrugated printers and converters and show what we can do. As always, we will demonstrate exactly why Flint Group is the go-to name for inks and coatings, highlighting that our products go beyond quality and consistency and address printers' sustainability goals." Ashburn further emphasized the company's ongoing approach to innovative chemistries, commenting, "Flint Group is one of the most established names in the global corrugated packaging industry, and part of that success is that we are not afraid to be bold in our innovation. With extensive R&D programs, working directly with the printers that use our products daily, we are creating an ink and coating portfolio that delivers a true difference, on-press and beyond." In addition to showcasing its AQUACode range, Flint Group's digital division, Xeikon, will also be present at the booth. CorrExpo visitors will learn more about IDERA, the revolutionary digital printing engine for high-quality corrugated packaging. The IDERA solution combines Xeikon's extensive digital printing expertise with Flint Group's corrugated know-how and manufacturing footprint. Making corrugated print excellence easy, adaptable and sustainable at the most competitive cost, IDERA introduces a brand-new digital post-print technology. Sebastien Stabel, Market Segment Manager, Corrugated, Xeikon, explained the advantages of IDERA, stating, "A completely scalable tool, IDERA is an ideal choice for industrial, food-safe, regulatory compliant and water-based post-print inkjet printing. “Success in today’s evolving corrugated board converting market takes speed, flexibility and agility, and that’s where IDERA shines. With numerous productivity and print quality modes and full control over every aspect of IDERA, converters can effectively manage their running costs and maintain competitiveness." Visitors to CorrExpo 2023 are invited to meet the expert team from Flint Group at booth 219. To register for attendance, please visit https://correxpo.org.
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Flint Group innovation showcased at CorrExpo 2023

Koenig & Bauer AG, Würzburg (“Koenig & Bauer”, WKN: 719 350 / ISIN: DE0007193500) has announced on the basis of its preliminary and as yet unaudited figures that it has exceeded its own forecast for preliminary Group earnings before interest and taxes (EBIT) for 2021.  Despite the ongoing pandemic in 2021 and a challenging procurement environment, EBIT of around €29m was achieved through the acceleration of the savings effects in the P24x efficiency programme and the more efficient implementation of the related personnel measures. This was also due to a high earnings contribution from the Special segment in the fourth quarter in particular. At around 2.6%, the EBIT margin thus exceeded the company’s own forecast of 2.0% for 2021. EBIT improved by around €96m from €-67.9m in the previous year.  The previous year had included exceptionals of a net €-49m, while an adjustment of around €23m to the P24x restructuring provisions was recognised in the year under review. In the final quarter, Group EBIT of around €12m was recorded, almost twice as much as in the same quarter of the previous year (€6.2m).      What in some cases was an explosive rise in raw material and energy prices led to higher material costs in a high single-digit million euro range in 2021, which it was only possible to absorb with a delayed effect and partially by means of price increases during the year. The gross savings from the P24x efficiency programme came to around €31m after nine months, reaching roughly €46m at the end of 2021. Announced at the end of September 2020, the programme aims to achieve rising annual cost savings in the order of more than €100m by 2024; gross savings of more than 30% had been budgeted for 2021. “This demonstrates that we have made good progress with our efficiency programme despite the ongoing pandemic situation and a challenging procurement environment. This is our road back to the planned group growth in the medium term. To this end, we are focusing on packaging and a portfolio strategy in attractive markets, on synergistic effects in production and on the further development of our service business to improve our customers’ total cost of ownership,” says Dr Andreas Pleßke, Koenig & Bauer AG’s Chief Executive Officer.  Improved operating earnings in the individual segments  Compared to the other segments in the Koenig & Bauer Group, the Sheetfed segment tends to be early-cyclical due to its shorter production and supply chains. As a result, the improvement in operating earnings during the year had already started to emerge in the fourth quarter of 2020 and increased sequentially. EBIT rose year-on-year by around €52m to roughly €24m and was positively impacted by the adjustment of the restructuring provisions for P24x by around €9m.At the same time, however, the segment was also more affected than the other segments by procurement constraints and the associated production complexities as a result of the challenging supply chain situation and energy prices as well as new travel and contact restrictions as a result of the new virus variants in the final quarter. In addition, the segment result in the fourth quarter was impacted, among other things, by non-recurring charges on receivables and the machine design change which are not expected to recur in 2022.Despite the continued noticeable interest in the innovative solutions for corrugated board and digital printing in Digital & Webfed, the segment was still impacted by start-up costs and investments in further product development in addition to the customers’ pandemic-related purchasing restraint in 2021. At around €-33m, EBIT was around €7m down on the previous year’s figure of €-25.5m. In total, the adjustment of the restructuring provisions for P24x had a negative impact of around €6m on the segment result. By contrast, the Special segment recorded an increasing contribution to earnings from the second quarter of 2021 and especially in the final quarter. EBIT increased from €-31.8m in the previous year to around €35m in the year under review and was positively influenced by the adjustment of around €18m to the P24x restructuring provisions. Revenue recognition due to the advanced stage of completion reached by some standard aggregates as a result of the application of the percentage-of-completion (POC) accounting method in banknote and security printing contributed to the increase in earnings, especially in the fourth quarter.   8.5% increase in revenue to roughly €1,116m in 2021 within the forecast range  Group revenue reached the forecast range of €1,100 - 1,135m in 2021, coming to around € 1,116m. This corresponds to an increase of around 8.5% compared to the previous year (€1,028.6m). In the fourth quarter alone, revenue rose very significantly from €264.1m in the same quarter of the previous year to around €328m, underpinned in particular by the Sheetfed and Special segments. Order intake stood at around €1,291m at the end of the year, up roughly 32% on the previous year (€974.7m). In the final quarter, customer orders were worth some €312m, almost 19.0% more than in the same quarter of the previous year.  The order backlog was valued at around €807m at the end of 2021, equivalent to an increase of around 28.0% compared to the previous year. Medium-term targets confirmed: EBIT margin of more than 7.0% on revenue of €1.3bn   Koenig & Bauer confirms its medium-term targets of revenue of €1.3bn, an EBIT margin of at least 7% and a reduction in net working capital to a maximum of 25% of full-year revenue, which is to be achieved after the completion of the P24x efficiency programme. As Pleßke adds: “Adopted in December 2021, our Exceeding Print strategy, which, as the name suggests, goes beyond the “printing process”, will also contribute to this. We are deliberately focusing on the three strategic fields of action in order to become even more sustainable, more digital and more modular.”  The company plans to publish its forecast for 2022 together with the presentation of its audited annual financial statements and the annual report for 2021 no later than on March 30, 2022, also in view of the current developments in the Ukraine crisis and, resulting from this, the high level of uncertainty over the impact on the global economy. Koenig & Bauer will be holding a conference call (in English) for analysts and investors on 30 March 2022. The conference call will be available on the website later.
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Flint Group innovation showcased at CorrExpo 2023

Flint Group Packaging, one of the largest consumable suppliers to the global print and packaging industry, is gearing up for an innovation showcase at CorrExpo 2023, which takes place 28-30 August in Cleveland, Ohio, USA. Attracting Paper & Board packaging converters from across North America, CorrExpo is one of the region’s premier packaging exhibitions. At booth 219, Flint Group will put its AQUACode range of water-based ink and coating technologies on center stage alongside its ground-breaking IDERA digital print engine. The AQUACode water-based ink and coating portfolio includes OctaCode, a water-based dispersion technology that offers exceptional performance on porous and non-porous substrates, high pigment loading for superior graphics, and stability both on and off-press. Jeff Ashburn, Vice President Strategic Accounts Paper & Board, expressed enthusiasm for the upcoming event, stating, "CorrExpo 2023 provides us with a tremendous opportunity to connect with corrugated printers and converters and show what we can do. As always, we will demonstrate exactly why Flint Group is the go-to name for inks and coatings, highlighting that our products go beyond quality and consistency and address printers' sustainability goals." Ashburn further emphasized the company's ongoing approach to innovative chemistries, commenting, "Flint Group is one of the most established names in the global corrugated packaging industry, and part of that success is that we are not afraid to be bold in our innovation. With extensive R&D programs, working directly with the printers that use our products daily, we are creating an ink and coating portfolio that delivers a true difference, on-press and beyond." In addition to showcasing its AQUACode range, Flint Group's digital division, Xeikon, will also be present at the booth. CorrExpo visitors will learn more about IDERA, the revolutionary digital printing engine for high-quality corrugated packaging. The IDERA solution combines Xeikon's extensive digital printing expertise with Flint Group's corrugated know-how and manufacturing footprint. Making corrugated print excellence easy, adaptable and sustainable at the most competitive cost, IDERA introduces a brand-new digital post-print technology. Sebastien Stabel, Market Segment Manager, Corrugated, Xeikon, explained the advantages of IDERA, stating, "A completely scalable tool, IDERA is an ideal choice for industrial, food-safe, regulatory compliant and water-based post-print inkjet printing. “Success in today’s evolving corrugated board converting market takes speed, flexibility and agility, and that’s where IDERA shines. With numerous productivity and print quality modes and full control over every aspect of IDERA, converters can effectively manage their running costs and maintain competitiveness." Visitors to CorrExpo 2023 are invited to meet the expert team from Flint Group at booth 219. To register for attendance, please visit https://correxpo.org.
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Flint Group innovation showcased at CorrExpo 2023

Flint Group Packaging, one of the largest consumable suppliers to the global print and packaging industry, is gearing up for an innovation showcase at CorrExpo 2023, which takes place 28-30 August in Cleveland, Ohio, USA. Attracting Paper & Board packaging converters from across North America, CorrExpo is one of the region’s premier packaging exhibitions. At booth 219, Flint Group will put its AQUACode range of water-based ink and coating technologies on center stage alongside its ground-breaking IDERA digital print engine. The AQUACode water-based ink and coating portfolio includes OctaCode, a water-based dispersion technology that offers exceptional performance on porous and non-porous substrates, high pigment loading for superior graphics, and stability both on and off-press. Jeff Ashburn, Vice President Strategic Accounts Paper & Board, expressed enthusiasm for the upcoming event, stating, "CorrExpo 2023 provides us with a tremendous opportunity to connect with corrugated printers and converters and show what we can do. As always, we will demonstrate exactly why Flint Group is the go-to name for inks and coatings, highlighting that our products go beyond quality and consistency and address printers' sustainability goals." Ashburn further emphasized the company's ongoing approach to innovative chemistries, commenting, "Flint Group is one of the most established names in the global corrugated packaging industry, and part of that success is that we are not afraid to be bold in our innovation. With extensive R&D programs, working directly with the printers that use our products daily, we are creating an ink and coating portfolio that delivers a true difference, on-press and beyond." In addition to showcasing its AQUACode range, Flint Group's digital division, Xeikon, will also be present at the booth. CorrExpo visitors will learn more about IDERA, the revolutionary digital printing engine for high-quality corrugated packaging. The IDERA solution combines Xeikon's extensive digital printing expertise with Flint Group's corrugated know-how and manufacturing footprint. Making corrugated print excellence easy, adaptable and sustainable at the most competitive cost, IDERA introduces a brand-new digital post-print technology. Sebastien Stabel, Market Segment Manager, Corrugated, Xeikon, explained the advantages of IDERA, stating, "A completely scalable tool, IDERA is an ideal choice for industrial, food-safe, regulatory compliant and water-based post-print inkjet printing. “Success in today’s evolving corrugated board converting market takes speed, flexibility and agility, and that’s where IDERA shines. With numerous productivity and print quality modes and full control over every aspect of IDERA, converters can effectively manage their running costs and maintain competitiveness." Visitors to CorrExpo 2023 are invited to meet the expert team from Flint Group at booth 219. To register for attendance, please visit https://correxpo.org.
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Migrants Told: Stay in France or go back to your country

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STAR products

  • Agfa Avinci CX3200

    Avinci CX3200 is 3.2 m wide dye sub textile printer capable of printing on polyester-based textiles What is it? Agfa’s Avinci CX3200 is a highly reliable and convenient soft signage printer that can print directly to fabrics and onto transfer paper. It uses an off-line calendar unit to ensure perfect fixation. Agfa’s dedicated dye sublimation roll-to-roll printer will enable you to create vibrant, high-quality prints on polyester-based fabrics up to 3.2 m wide, including a broad range of in- and outdoor soft signage applications, as well as interior decoration. The Avinci CX3200 boasts a rich color gamut and delivers deep black, perfect solids, accurate spot color mapping and smooth tonal rendering that is particularly noticeable in skin tones. The Avinci inks are characterised by their flexibility, image longevity and outdoor resistance. They offer stable jetting performance and deliver the same high-quality results, batch after batch. An off-line calender unit fixes the color deeply into the structure of the polyester-based fabrics while evaporating the carrier fluid. When was it launched at what are the target markets? It was launched on June 22, 2021, and aimed at soft signage industry, sports wear, fashion industry and home décor. Avinic CX3200 is a 3.2 m wide Dye Sub Textile printer capable of printing on polyester based textiles. Does it replace an earlier product? It replaces the earlier model of DX3200. The Avinci CX3200 is driven by Agfa’s Asanti wide-format workflow software. Color accuracy is provided by the easy-to-use color management. Using  their Calibrated Print Mode feature, new media can be calibrated and profiled in less than 15 minutes, after which the new profiles can be used to guarantee print quality. Asanti controls and automates the entire printing process from file intake to finishing, maximising productivity. Its comprehensive integration of file handling, color management and preflighting guarantees smooth and error-free jobs. The web-based Asanti Production Dashboard offers a view on your running production. It summarizes the jobs produced and reports on quantity printed, media usage, ink volumes enabling you to control your production and to manage your print shop optimally. What is the USP? It allows you to print directly on textiles and capable of print on transfer paper media as well. Single person media loading and low inks consumptions are another features. High productivity and a robust design for reliable printing at all times, vibrant prints and a wide color gamut; fine detail rendering; extensive applications scope; low ink consumption; convenient operations and a fast changeover between jobs are another features. Avinci produces good results with a minimum of jetted ink. This low ink consumption is based on Agfa’s renowned Thin Ink Layer technology: a smart combination of particular ink characteristics and our Asanti workflow software algorithms that tune the ink quantities perfectly to the required image quality mode. What training and support are available? Full in house training and support available from Agfa UAE and Belgium. Complete and integrated solution are available for printer, inks, workflow software, worldwide service and applications support. How productive is it? It prints at speed of 250 Sqm per hr on express mode. Being able to print directly to fabric is easy and ideal for fast handling and for special applications such as flags, where print-though is needed. Transfer paper allows for super sharp prints, eliminates any set-off, and limits media waste to a minimum. In addition, it extends the application scope to sportswear and fashion garments, as well as home décor prints on non-coated polyester fabrics. What does it cost? How is it sold? The recommended retail price (RRP) is approximately $220k stand alone printer and requires a separate calendaring unit. How many are in use? Currently, the latest CX3200 are around 11 units around the world. Specifications 3.2m Dye sublimation Printer Kyocera print heads 4 colour printer CYMK Direct to garment capable to print on transfer paper Max speed of 250 sqm Stand alone printer Resolution up to 600 x 1800 dpi Media types: Polyester-based fabrics, or transfer paper used to create banners, indoor wall graphics, shop decoration, outdoor advertising, light boxes, trade show displays, flags and high polyester-based blends “Agfa Avinci CX3200  was launched in June 2021.”
    Aug. 2, 2022

    Epson – SureColor SC V7000 Flatbed Printer

    Epson's first UV large format printer offers exceptional image quality, Shihab Zubair What is it? The SureColor SC-V7000 is Epson's first UV large format printer, offering exceptional image quality. The V7000 is ideal for printing eye-catching retail and outdoor signage, window displays, hoarding panels, packaging, promotional goods, and décor products. It includes Epson’s Micro Piezo printhead with ten newly developed original inks, for accurate colour reproduction for spot and corporate colours. It allows businesses the flexibility to print on a range of media up to 80mm thick including acrylics, polycarbonates, PVC, glass, aluminium, metal, polyester, foam board, styrene, wood and stone. The printhead layout enables simultaneous high-speed printing and, with the 4-zone vacuum system, it offers real flexibility for production environments. When was it launched at what are the target markets? The Epson SureColor SC-V7000 was launched in April 2021 within the Middle East region, building on the success of Epson’s award-winning range of SureColor S Series signage printers. The V7000 allows sign and display makers to expand their portfolio of products, to deliver high quality, fast and reliable results on a variety of different media. Does it replace an earlier product? The SureColor SC-V7000 proudly marks Epson’s entry into the UV flatbed signage print market. As Epson’s first UV large format printer, it provides unique features to differentiate and enhance our offering to the signage market. Every feature of the Epson SureColor SC-V7000 has been designed with the customer in mind. This is a robust and affordable UV LED flatbed signage printer capable of fast and quality printing on a wide range of media – any type of surface, despite the size, thickness, or weight. This is in addition to Epson’s successful product solutions such as the Epson SureColor SC Series of eco-solvent and resin ink printers. For instance, for environmentally friendly organisations, Epson’s SureColor SC-R5010 Series has the capacity to include a resin ink solution, offering print service providers and creative design agencies the ability to produce a wide range of signage in a more sustainable way, without compromising on the results. For a larger ink capacity, Epson offers the SureColor SC-R5010L. What is the USP? The Epson SureColor SC-V7000 provides exceptional image quality, productivity, usability, and safety. With the unique Epson Micro Piezo printhead, the printer has ten newly developed original inks and 3-layer high-speed printing. It helps print with ease and safety with automatic measurement of media thickness, a multi-zone vacuum, and a printhead crash prevent function, Epson Edge Print, proximity sensors. What training and support is available? Epson manufactures all the components for the SureColor SC-V7000, including printheads, inks and software, in order to reach the consistent quality levels that our customers expect. The Epson Cloud Solution PORT is a cloud-based system from where you will be able to monitor equipment across several sites, or several printers across one site, from the production floor or remotely, and assist the control of production. This enables efficient production planning, increased uptime and enhanced support. Epson Production Monitor is part of the Epson Cloud Solution PORT suite of apps and allows you to examine the production status in real-time. If an issue occurs, it can be corrected efficiently with minimal disruption to the print run. How productive is it? The SureColor SC-V7000 enables businesses to print at high speed with a maximum print area of 2.5 metres by 1.25 metres. The printhead layout enables simultaneous high-speed printing, with white ink and varnish, without losing productivity. What does it cost? How is it sold? The recommended retail price (RRP) is around AED 330,563 (US $90,000) and it is sold through authorised partners in the Middle East. How many are in use? Currently two printers have been installed in the UAE, and we are scheduled to install a few more in December and further into 2022. Specifications UltraChrome UV 10-colour inkset Printing resolution of 720 x 1,440 DPI Outstanding print quality High-speed simultaneous printing even when using white, colour and varnish Printheads, ink, firmware and software with an ink tank capacity of 1,000 ml  Price from AED 330,563 “Epson SureColor SC-V7000 was launched in April 2021.”
    Aug. 2, 2022
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