Kornit Digital has announced that Chris Govier has been named Managing Director at Kornit Digital Europe GmbH. Govier is a proven leader who brings broad experience of supporting customers with industrial digital transformation, a proven record of driving growth, and solid experience building and managing world class teams. In his new role, Govier will oversee Kornit Digital’s operations in Europe, the Middle East and Africa (EMEA) and will be instrumental in scaling up Kornit’s business.
Govier previously served in sales and general management roles at Xerox Corporation, and holds a BA from the University of Wellington, New Zealand. Commenting on the appointment, Gilad Yron, Kornit Digital’s Executive Vice President of Global Business, said, ‘I welcome Chris on board as the new Managing Director of Kornit Digital Europe. He brings with him solid experience in the analog-digital transition in industrial print and deep regional understanding. Europe has traditionally been a strong performer for Kornit, and Chris’ expertise will help us grow the organization to the next level.’
‘This is an incredibly exciting time to join Kornit Digital – their technology, coupled with a passion and drive will significantly disrupt the textile printing industry,’ said Chris Govier. ‘EMEA represents a huge opportunity and I look forward to building on the fantastic success achieved so far.’
Xeikon, a subsidiary of Flint Group and market leader in digital colour printing technology for the graphic arts printing industry, launched ‘The Power of Dry Toner’ campaign during Xeikon Café North America. To coincide with the three day conference and exhibition, Xeikon announced the appointment of Monika Olbricht as Global Sales Director for Graphic Arts. Olbricht will take the global lead in shaping this important market and be instrumental in the roll-out of the ‘power of dry toner’ campaign.
Benoit Chatelard, Xeikon’s CEO said, ‘We are excited to show how dry toner can complement high speed inkjet solutions in the production environment offering the broadest array of high quality, high value and high coverage applications. Xeikon Café North America is a multi-vendor educational & networking event for brand owners, direct mail companies and commercial, label and packaging printers. Visitors will have the opportunity to attend a variety of panel sessions, keynotes and presentations as well as application and technology demonstrations. Visitors can also meet and network with pre-eminent industry suppliers and watch daily live production of creative label and packaging applications.’
Xeikon continues to work on new technology developments. By consistently improving the capabilities and widening the range of applications on Xeikon’s duplex dry toner platforms for graphic arts and commercial print Xeikon is supporting companies in their drive to improve productivity and add value to their business. Monika Olbricht is delighted to take up her new role. She explained, ‘With over five years experience in Graphic Arts sales for Xeikon I can see the broader picture and the exceptional possibilities offered by Xeikon’s innovative technology. For some time there was a gap in the provision of high quality print for a diversity of high value applications. This caused a zone of disruption in the commercial print market with no technological answer. Xeikon set out to develop solutions to exactly answer the needs of this sweetspot within the printing marketplace – enter the “power of dry toner” campaign.’
Chatelard concluded, ‘We are committed to helping our customers successfully grow their business. Dry toner technology is the most sustainable digital printing technology. It is complimentary to high speed inkjet and can produce high quality results on all types and weights of stocks.’
Fleet wrapping projects and affordable vehicle customisation have received a welcome boost with the launch of a new Mactac ColourWrap Series of cast films. The new Mactac ColourWrap materials, in 50 different colours, were recently under the spotlight.
The Mactac brand now offers a cast wrapping film giving the flexibility and ease of use demanded by car wraps. Oliver Guenther, senior director, Marketing and Channel Strategy, said that the range offers access to materials that are not only affordable but which also apply easily and offer very good conformability properties for 3D challenging projects: ‘These materials are meeting a crucial need, providing installers with the performance needed when faced with demanding curves and deep recesses. A low tack, microstructured adhesive also means that installation is straightforward, with bubble-free results.’
The Mactac ColourWrap Series offers 50 different colours in cast quality, including gloss, gloss metallic, matt, and matt metallic finishes. Installers get the 3D performance and film choices needed to turn heads.
Oliver Guenther said that the Mactac ColourWrap Series broadens the options available for wrapping, ‘The performance offered by these films creates benefits for installers and fleet owners alike. They offer a great solution not only for vehicle personalisation projects, but also for boat wraps above the waterline. And last but not least, the film durability is up to 8 years.’
In addition to details of the Koenig and Bauer group’s good business performance in 2018, in which it achieved the highest EBIT in its 201-year history, the highlights of the annual general meeting held at the Vogel Convention Center (VCC) in Würzburg touched on numerous innovations, the Koenig & Bauer 4.0 digitisation concept and the group’s business targets.
On the strength of the good order and project situation ensuring full capacity utilisation across the entire group as well as the further progress made in the group projects targeted at service business and cutting costs, the management board is confident to achieve organic growth of around 4 per cent in revenue and an EBIT margin of around 6 per cent in 2019 in the group. This factors in the margin impact of the growth offensive 2023 to which management is attaching high priority. With all initiatives and projects, the management board is aiming to increase group revenue to around €1.5bn with an EBIT margin of between 7 per cent and 10 per cent until 2023.
CEO Claus Bolza-Schünemann said, ‘The entry into the market for folder gluers through the acquisition of Duran and the joint venture with inkjet pioneer Durst for digital folding carton and corrugated printing are key strategic milestones. Following the signing of the agreement on 10 April, we received anti-trust clearance at the beginning of May for the commencement of business by the new joint venture Koenig & Bauer Durst.
We are convinced that the joint venture will benefit from both companies’ spirit and that something quite unique will arise. With the acquisition of Swedish company All-Print Holding by our subsidiary Koenig & Bauer Coding, we are strengthening our presence in the marking and coding market in Scandinavia and substantially expanding our market position in tertiary packaging. The increased orders in packaging printing, which is seeing structural growth and is less cyclical in nature, are particularly gratifying. Driven by large orders in security printing, we were able to maintain our international market leadership. Our mature RotaJET digital printing platform offers encouraging revenue and earnings potential in decor and flexible packaging printing.’
Reflecting the group’s good earnings situation, a dividend of €1 per share was proposed. The shareholders accepted this proposal with a large majority. The dividend is based on Koenig & Bauer AG’s retained profit of €16.5m. Said CEO Claus Bolza-Schünemann, ‘With a distribution rate of 25.9% of group net profit, we want our shareholders to participate in our success and we continue our dividend policy with a figure which is nearer to the top end of our target corridor of 15 to 35 per cent.’
Alongside the discharge of duties with regard to the members of the management and supervisory board, shareholders elected KPMG Bayerische Treuhandgesellschaft in Nuremberg as public auditors and group auditors in 2019. In addition, they elected Dagmar Rehm, Professor Raimund Klinkner and Dr Johannes Liechtenstein to the supervisory board. As well as this, the proposed amendments to the articles of association providing for the inclusion of an age limit for the members of the management board and the supervisory board and for a new version of the supervisory board compensation were adopted. The shareholders approved the 2023 integrity initiative and the related indemnification.
The if Design Award Jury stated, ‚Complex and iconic at the same time‘ –when praising the VariJET 106 digital press from Koenig & Bauer. They were especially convinced by the modern design language and clear colour contrasts. Accordingly, Koenig & Bauer was able to take home a ‚Gold Winner‘ trophy in the category ‚Product‘ after the grand award ceremony in Munich on 15 March.
A jury of 67 international experts evaluated 6400 entries from 50 countries before selecting the most innovative design developments in seven categories. One of the chosen prizewinners was the brand new VariJET 106 digital printing press from Koenig & Bauer. It is on course to be made available to the first interested customers in 2020, but is already causing quite a stir: In its award statement, the jury commended the clear structures in the outward appearance of the VariJET, which follows the new product design recently introduced by Koenig & Bauer. The contrasting corporate colours grey and blue, with individual illuminated elements as highlights, contribute to what was called ‚a classy approach‘.
On the technical side, the press combines the advantages of the inkjet technology with those of a classic offset process. ‚With our modern press design, we are setting not only technical, but also visual standards,‘ said Dagmar Ringel, head of corporate communication and marketing at Koenig & Bauer. The iF Design Award strengthens us in our conviction that we are on the right track.‘ For 65 years now, the iF Design Award has served as an internationally recognised label for outstanding design and is one of the world’s most important design awards. Each year, top design achievements are honoured in seven disciplines – product, packaging, communication and service design, architecture, interior architecture and professional concept. The awards are organised by the iF International Forum Design GmbH in Hannover, the oldest independent design institution in the world. This year’s iF Design Award Night was held at BMW Welt in Munich on 15 March.
The creator of the CreaseStream range of digital finishing solutions is putting out a challenge to global digital print solution manufacturers in the form of a free trial of his new product, the Card Creaser Deluxe.
Graham Harris wants to find new dealers and is willing to take away any risks and costs of organisations who might be interested to Test Drive his new product.
The Card Creaser Deluxe, according to Harris, outputs around 6 times faster than any other manual creasing solution in the world market and even reaches output speeds that match many automated solutions. And the real benefit is that it is only priced at around the £1000 mark. The UK print innovator, who currently holds over 80 patents for his technology is convinced that the Card Creaser Deluxe will serve as a great creasing solution alternative for those who are faced with spending several thousands of pounds for a solution they won’t make full use of.
Harris said, ‘My offer to digital print manufacturers and dealers who don’t have good entry level creasing options to offer their own customers, is to test drive our Card Creaser for free, if it doesn’t work we will get it shipped back to us, it is as simple as that.’
Graham Harris can be reached on +44 (0)1455 5544 91 or by e-mail: email@example.com The Card Creaser can e seen in action at: https://www.youtube.com/watch?v=OFgT2i54kqc&feature=youtu.be
Toyo Ink SC Holdings Co., Ltd., the parent company of the Toyo Ink Group of Japan, has announced plans to open a new sales subsidiary in Casablanca, Morocco, in preparation for a full-scale business launch into the African continent. Eyeing the future economic progress of Africa, the company will set up its very first office on the continent, Toyo Ink North Africa S.A.R.L., for the medium- to long-term timeframe, with paid-in capital of E2.4 million.
‘Following China and India, the African continent is believed to be one of the future growth engines of the global economy,’ said Katsumi Kitagawa, Group CEO of Toyo Ink Group. ‘Up until now, the Toyo Ink Group had been developing its business in the region by way of our existing operating bases. These efforts are now beginning to pay off as sales in the region have been steadily rising. The decision to establish an office in Morocco is a result of this early success and our need to focus on branding efforts, as we continue to solidify our position as a global single-source provider of integrated printing and packaging solutions.’
Toyo Ink North Africa will be engaged in developing business opportunities for a wide range of Group products such as commercial printing inks, liquid (flexo and gravure) inks and adhesives for food packaging, and can coatings. It will market existing Group products while functioning as a market research hub to help promote products customised to the unique needs of local markets. Moreover, the new subsidiary will not only focus on expanding sales and the development of ink products, but also work to increase sales of the Group’s growing chemical businesses. Through its business activities, Toyo Ink North Africa aims to form a solid foundation on which to make a positive contribution to the growth and development of African nations over the long term, and to ultimately realise the Group vision of creating a vibrant world in which all living beings and the environment can coexist harmoniously.
WPO (World Packaging Organisation) has launched an unique opportunity to students around the world: to participate in a competition to redesign the trophy of the most prestigious global packaging award, the WorldStar. According to WorldStar co-ordinator, Rachel Bayswater, ‘The expectation is that students will really challenge conventional thinking and break the rules with off-the-wall creativity. And this will be the key criteria for judging success.’
The competition is open to students enrolled in college or university courses, undergraduate or graduate, anywhere in the world. Typical courses would be linked to graphic/product/structural design as well as those from material/technology and engineering. Only individual entries are accepted and the points to consider are:
•maintaining the importance and prestige of this world class award;
•commercial awareness – does it make sense from a financial point of view?
•Maximum cost to the awards organiser – €35 per award;
•transportable protective box for each trophy;
•the prototype can be made of any material designs which demonstrate awareness of environmental issues through economic use of the material.
Winners will receive €500 from WPO and the criteria for success are:
1. Originality and aesthetic qualities of the design
2. Commercial viability
3. The WPO / WorldStar branding recognition
4. The quality of portfolio, which must include evidence of research and the development of the design
5. Inclusion of a protype – a good quality mock up to withstand transport and handling (applicable to round 2 judging)
6. A written summary explaining why the design is the best, how it meets the criteria and the material/s to be used for the final award
7. Lightweight trophy not exceeding 0.0700kg
8. A design that can be easily manufactured in quantities
Closing data for entries is 27 September 2019; results will be announced on 1 December. Judging process will be carried out in two rounds. The first one, on-line, will involve professionals from IOM3, WPO member in UK and responsible for running the WorldStar program. The second round will be judged by WPO Marketing Group during the second WPO Board Meeting of 2019, in November, in Indonesia.
Entries are online at www.worldstar.org
DuPont Advanced Printing and DuPont Advanced Materials together presented their newest innovations during SignExpo. Visitors to the booth learned more about a new clear DuPont Tedlar film for indoor and outdoor signage applications, and digital textile inks for roll-to-roll (RTR) applications including banners and signage made from DuPont Artistri inks. At the show, DuPont Advanced Materials showcased its new formulation of clear DuPont Tedlar. Continuing its commitment to innovation, this film raises the bar for durability. Visitors to the booth saw how it can help customers save time and money on cleaning, maintenance and replacements in addition to providing a long-lasting canvas for brands.
‘This new film is designed for indoor/outdoor signage durability with extreme UV protection and cleanability to remove common graffiti, stickers and other debris. Even the harshest chemical cleaners won’t damage the film,’ said Chris Marino, Global Marketing Leader for DuPont Advanced Materials. DuPont Advanced Printing showcased Artistri Xite digital inks, which are easily printed onto surfaces including nylon, polyester and vinyl, making them the perfect choice for printing signs, banners and flags. These inks deliver excellent colour saturation as well as UV and water resistance for outdoor applications. ‘From dye sub, direct disperse and pigment, to acid and reactive inks, DuPont Artistri digital inks provide rich, bright colours across many substrates within the sign industry. Because DuPont proprietary dispersions, polymers and ink formulations span a range of viscosities, they allow Artistri inks to work with almost any wide-format digital printer,’ said Jeff Hansen, Regional Marketing Manager, Americas – DuPont Advanced Printing.
On April 25, Eric Beyeler, Global Marketing Leader – digital inks, shared the benefits of printing with water-based ink jet inks for signage applications during his presentation: ‘Low Environmental Footprint and Simplified Workflow in Fabric Printing’.
The 6th drupa Global Trends Report shows that the global print industry as a whole is in a stable condition. Global figures remain positive overall, with some regions and markets doing much better than others. Political and economic concerns for the future cloud otherwise positive prospects for the majority. Globally 40 per cent of printers stated their company economic condition was ‘good’ in 2018 versus 13 per cent who described their condition as ‘poor’, the rest were ‘satisfactory’. This gives a positive net balance of 27 per cent. For Suppliers the positive net balance was 19 per cent. Both groups remain optimistic with 50 per cent expecting things to be better in 2019.
Conditions vary between regions and between markets. So North America continued to enjoy strong growth in 2018, Europe and Australia enjoyed steady growth, whilst Asia, the Middle East and S/C America were cautious and Africa was in decline. The 2018 results reflect the established pattern in most regions, although the decline in the Middle East and South and Central America appears to be worsening.
The Packaging market thrives as does Functional, but there are clear signs of increasing caution in the Commercial market and Publishing remains subdued, with the encouraging exception of the books market. Sabine Geldermann, Director drupa, Messe Duesseldorf, commented, ‘The report shows that with a little more than a year to go to drupa 2020, the global industry is in robust health overall. Clearly, there are significant differences in prospects across different regions and markets as demand rapidly changes with economic conditions and evolving uses of print. That is the real value of this drupa Global Trends series. It allows readers to track those trends over time and identify how printers and suppliers alike can best invest to secure a strong future within the industry.’
The findings come from the 6th major annual survey issued last autumn to the drupa Expert Panel of senior decision takers recruited from printers and exhibitors at drupa 2016 and run by Printfuture (UK) and Wissler & Partner (CH). Over 600 printers and 200 suppliers participated with all regions well represented. Richard Gray, Operations Director at Printfuture stated, ‘Most panel members are positive overall about the future, despite very clear concerns about the economic and political prospects for 2019 and beyond. It is striking that many show an increasingly confident grasp of how to exploit the rapidly changing opportunities for print, as the wider markets make increased use of digital communications.’
Most printers make money despite huge pressure on margins by increasing revenues through raising utilisation while keeping overheads as stable as possible. Globally we even saw a small increase in prices, despite substantial increases in paper/substrate prices. Suppliers also saw revenues and prices rise globally but with an even sharper decline in margins.
Conventional print volumes continue to decline but slowly. In 2013, 23 per cent of printers reported that Digital print was more than 25 per cent of turnover. In 2018, the proportion of printers had increased to 29 per cent. Nevertheless, sheetfed offset remains the most common form of print technology, present in 66 per cent of all printers. Sheetfed offset volume continues to grow in Packaging but there was a clear decline amongst Commercial printers for the first time. Web to Print volumes are climbing, but slowly. In 2014, 17 per cent of participants with W2P installations reported more than 25 per cent of turnover came from that source. By 2018, that proportion of participants had increased to 23 per cent. Yet the proportion of printers with W2P installations is static – 25 per cent in 2014 and 25 per cent in 2018.
In terms of Capital Expenditure, 41 per cent of printers spent more in 2018 than 2017, while just 15 per cent spent less and expenditure grew in all regions except Africa. Those in Packaging and Functional markets were very bullish while those in Commercial and Publishing markets were more cautious. It was broadly the same pattern amongst Suppliers. For printers, Finishing equipment was the most common target in 2019, followed by Print technology and then PrePress/Workflow/MIS. As for Print technology, Digital toner sheetfed colour was the most common target for investment in 2019 for all markets, except for Packaging where Sheetfed Offset took first place. Yet the Packaging market saw a 5 per cent growth in the proportion of SKU’s specifying digital print across all applications, except for Labels where the figure is already 40 per cent.