Author: Jasvinder Singh

PLC

The Canada based Tilia Labs is an imposition A.I. software company. Esko, the global developer of integrated hardware and software solutions for the print, packaging, and label industries, has acquired imposition A.I. software company Tilia Labs, in a deal that delivers on the need of brand owners and converters to connect and integrate the entire value chain through upstream digitalization. Tilia Labs’ range of intelligent algorithms for sheet layout, estimation, and planning complement Esko’s existing software suite and the two companies will work together to develop next generation integrated solutions. “Converters are coming under increasing pressure to deliver more volume…

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Chennai based Sudarshan Machinery launches screen printer with a horizontal angular frame lifting concept. High precision screen printing equipment manufacturer Sudarshan Machinery has unveiled its latest model NexPrint 2228. The new Semi-Automatic Screen Printing Machine Model, NexPrint 2228 has a maximum print area of 22×28 inches and incorporates many user-friendly features. Featuring innovative Horizontal-Angular Frame Lifting System, the NexPrint offers next level of ease from the traditional Clamshell or two post pillar type screen printing equipment. At the upcoming KnitShow in Tirupur (12-14 August 2022), Sudharshan Machinery will display NexPrint 2228 as well as its latest product NexPrint 1218. Sundar…

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PLC

The company shows a strong 23% increase in net revenue over previous year. Cosmo First (Formerly Cosmo Films) has achieved strong Q1, FY23 results amidst tougher external environment with 23% increase in net revenue from Rs.688 cr. to Rs.843 cr. Comparing EBITDA between Q1 FY23 and Q1 FY22, the company has shown an increase of 6% from previous year figures (Rs.142 cr. to Rs.150 cr.). Both PBT and PAT have shown increase of 6% and 7% respectively. Announcing the financial results for the quarter ending June 2022, Mr. Pankaj Poddar, Group CEO, Cosmo First said, “During the quarter, the flexible…

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Delhi’s Nikhil Offset has opted for a Kodak Achieve platesetter to cater to their lineup of Heidelberg and Komori machines producing chiefly for the publishing market. Nikhil Offset is one of Delhi’s leading commercial printers with consumption of about 2000 plates per month. The company has invested in a Kodak Achieve 800 Thermal Platesetter that will be answering their high plate demand by its high speed plate production capability which is about 18 plates per hour of 1030 x 838 mm. The machine has been supplied and installed by Monotech Systems Limited. “Majority of jobs that we cater are for…

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Labelexpo India 2022 presents the largest opportunity for South Asia’s Labels, Package Print and related industries. When Labelexpo Global Series organizer Tarsus Group announced the cancellation of Labelexpo India 2021 it didn’t look so near to happen the following year. It’s not now the same. The show is just around the corner and we are all quite excited to meet once again. This year’s Label expo edition takes place from 10 to 13 November 2022 at its existing location, the Expo Centre & Mart in Greater Noida. Earlier the Labelexpo India got postponed to allow time for the Covid-19 vaccination…

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GartexTexprocess India’s New Delhi edition is bigger than ever with more than 200 exhibitors. GartexTexprocess India 2022 just concluded with a remarkable 3 days of showcase of the latest solutions from the best solutions providers in the industry. With participation of over 200 companies, GartexTexprocess India proved a power-packed edition in New Delhi. The association with FABEXA brought fabric manufacturers and suppliers from Gujarat on the show floor to deliver a strong push to the region’s textile and apparel sector. Following the success of its first-ever Mumbai edition earlier this May, GartexTexprocess India, the leading B2B platform on garment and…

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RMGT with full automation features and LED UV curing already in production at Thomson. Faridabad based Thomson Press, one of the leading commercial printers in the country has installed an RMGT 8-colour Perfector Offset Press at its facility. The new press has been added to the impressive line-up consisting of state-of-the-art equipment in one of the best end-to-end setups of prepress to printing to binding and finishing a vast range of products including hard and perfect bound books, magazine and a plethora of commercial products. The latest RMGT was installed in May and is already in full production. The 9…

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Although printing inks constitutes a small part of the package, its impact is immensely significant and the next big issue in sustainable packaging is printing inks. Siegwerk is a global supplier of packaging inks for sensitive applications including Food, Pharma and Hygiene + Cosmetics. Apart from supplying safe inks worldwide and being a responsible stakeholder of the packaging supply chain, the company keeps the supply chain partners updated on compliant inks. The company has recently conducted a session on the topic – “Legal obligations towards Packaging Safety for FMCG Sector and Packaging material suppliers”. The Session was attended by 300…

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PLC

Public tender offer for Bobst Group SA by its largest shareholder, JBF Finance SA. JBF Finance SA, Buchillon, Switzerland (“JBF”) has announced a public tender offer for all publicly held shares of Bobst Group SA. JBF is Bobst Group’s largest shareholder and already holds approximately 53% of the shares and voting rights in the company. JBF has announced that it will pay CHF 78 – in cash per Bobst Group share, which represents a premium of 22% compared to the average price of the last four weeks. The offer is not subject to substantial conditions. Following completion of the offer,…

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Insight Print Communication announces installation of Kodak Veriset T800 at Innova Printing and Packaging, Bangalore. Innova printing and packaging is Bangalore-based mono and fluted carton manufacturer with over three decades of experience. Their facility is spread over 45,000 sqft with innovative solutions, process, and technology. Innova bolsters production with the addition of Kodak Veriset T800 Platesetter in its production facility. The Kodak VerisetT800 Platesetter offers reliable plate making of up to 22- 8 page plates per hour at throughput of 2400 dpi. This delivers the stability and reliability of Kodak’s thermal CTP technology at an exceptional value. The VERISET Platesetter…

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