Profit improvement target of EUR 400 million from performance improvement and focused growth initiatives
Innovia Films will be launching their latest development in coating technology at LabelExpo Europe 2013 in Brussels this September; UltraFoil.
Flint Group is pleased to announce the Ultraking family of low-migration UV curable offset inks. The introduction of these low-migration inks further exhibits Flint Group’s leadership position in the Packaging Inks market – offering a full low-migration solution for packaging printers.
Dedicated to continually building its capabilities to serve clients, global anilox roll supplier Harper Corporation of America is happy to announce the expansion of the HarperScientific division as it adds a new position to the organization. Stephen Reinhardt has been named the first products specialist in this department, a position that was newly created in order to improve the organization’s ability to partner with clients regarding product application and technical support.
Nippon Paper Industries Co., Ltd. (President; Yoshio Haga) announces that on August 1 it will launch a new product, “NEW Heat-Resistant One Wrap,” a wrapping film for household use featuring a five-layered structure, heat resistance, and further improved adhesiveness.
The Valspar Corporation (NYSE:VAL), a leading global manufacturer of paints and coatings, announced today that it has completed the previously announced acquisition of Inver Holding S.r.l. (Inver Group), a leading industrial coatings manufacturer in Europe. Financial terms of the transaction were not disclosed. With 2012 sales of approximately 160 million ($200 million), Inver Group specializes in liquid and powder coatings and resin products that are used in a variety of industrial applications including off-road equipment, auto and off-road parts, architectural aluminum windows, railways and trams.
Metso’s Pulp, Paper and Power business will continue its global cost competitiveness program launched in April 2013 (stock exchange release April 24, 2013) to adapt to changes in the marketplace. As part of the global program – which targets an annual cost reduction of approximately EUR 100 million by 2016 – the business will begin statutory negotiations on personnel reductions in several of its units serving especially the paper industry, but also the pulp industry.
