Borouge reports $1.24 billion net profit for FY2024, driven by record production and sales

  Borouge Plc reported a 24% year-on-year increase in net profit for 2024, reaching $1.24 billion. The rise was supported by record production levels of 5.2 million tonnes and sales volumes of 5.3 million tonnes, driven by strong demand for the company’s polyolefin solutions.   The company recorded an industry-leading EBITDA margin of 41%, with …

Asahi Photoproducts advances sustainable packaging with water-washable plates

  Asahi Photoproducts showcased its sustainable packaging solutions at the 7th China International Import Expo in Shanghai, where it highlighted its advancements in eco-friendly printing technologies.   The company has introduced the AFP-RTM reduced solvent plates, offering a low-cost, low-investment solution for transitioning from traditional solvent-based plate production to more eco-friendly alternatives. This development allows …

McDonald’s introduces fiber-based lids ahead of schedule

  McDonald’s Finland has replaced plastic lids on its beverages with fiber-based alternatives as part of its ongoing effort to reduce plastic use. The transition, originally set for 2025, is now being implemented ahead of schedule.   By the end of 2025, all McDonald’s restaurants in Finland will use molded fiber lids for both hot …

hubergroup new Cold Foil Silver and Gold adhesives set to transform FCM packaging

  hubergroup has launched its Cold Foil Silver and Cold Foil Gold adhesives, designed for Food Contact Material (FCM) applications. These products cater to packaging manufacturers in sectors such as confectionery, chocolate, tobacco, and hygiene, aiming to meet stringent standards for visual quality, safety, and production efficiency.   The new adhesives are formulated with hubergroup’s …

Koenig & Bauer partners with Rigorous Technology to launch new robotic palletizer

  Koenig & Bauer (US) has announced a new partnership with Rigorous Technology, a robotics and technology company based in Williston, VT, to introduce a custom-built palletizer robot for the corrugated and folding carton markets. This innovation is designed to automate and streamline post-press operations, addressing labor shortages and improving efficiency in palletizing tasks.   …

Canon EMEA appoints Shinichi ‘Sam’ Yoshida as New President & CEO

  Canon has announced the appointment of Shinichi ‘Sam’ Yoshida as President & CEO of Canon Europe, Middle East, and Africa (EMEA), effective March 1, 2025. Yoshida succeeds Yuichi Ishizuka, who is retiring after a 44-year career with Canon, including seven years leading the EMEA region.   Previously based in the U.S., Yoshida held roles …

Esko announces planned sale of Advanced Vision Technology to Porat Itay Holdings

    Esko has confirmed the planned sale of its Advanced Vision Technology (AVT) print inspection business to Porat Itay Holdings, Ltd., with the transaction expected to close in the first quarter of 2025, subject to regulatory conditions. The sale includes assets, employees, contracts, and intellectual property related to AVT. Under the new ownership, AVT …

ACTEGA introduces ACTExact® ShrinkFlex UV Inks for shrink sleeves

  ACTEGA has launched ACTExact® ShrinkFlex UV Inks, a UV-curable ink series designed for shrink sleeve applications. These inks offer strong adhesion to shrink films and are optimized for high-speed printing, reaching up to 500 fpm on press and over 300 fpm on BOPP labels. The portfolio includes high-opacity whites, line black, and a four-color …

BOBST ACCUCHECK enhances quality control in label production

  BOBST’s ACCUCHECK system provides 100% inline quality inspection and automatic calibration for label production, addressing key challenges in modern label printing. By reducing downtime and improving efficiency, the system aims to ensure consistent quality while minimizing waste.   Benjamin Carron, Technology Product Marketing Director at BOBST, explains how ACCUCHECK is shaping the industry.   …

Koenig & Bauer recognized for digital printing innovations at Digital Packaging Summit

  Koenig & Bauer received the Best Folding Carton Case Study award at the 10th annual Digital Packaging Summit in Ponte Vedra Beach, Florida, in November 2024. The company presented a case study on digital printing and automation, highlighting the installation of the VariJET 106 from Koenig & Bauer Durst in Europe.   The presentation, …