IP Finalizes Weyerhaeuser Pulp Business Purchase International Paper has completed its acquisition of Weyerhaeuser’s pulp business for approximately $2.2 billion in cash, subject to post-closing adjustments. Because the transaction is a purchase of assets, Inter- national Paper expects to realize a tax benefit with an estimated net present value of approximately $300 million. International Paper expects annual synergies of ap- proximately $175 million by the end of 2018, which will require the need for one-time costs of approxi- mately $85 million. In this transaction, International Paper acquired five pulp mills and two converting facilities that produce fluff pulp, softwood pulp, and specialty pulp prod- ucts for a number of consumer applications includ- ing diapers, other hygiene products, tissue, and textiles. The acquired business has approximately 1,900 employees around the world, with manufactur- ing operations based in Canada, Poland and the Unit- ed States, located in Mississippi, Georgia and North Carolina. The combined businesses will be called Global Cel- lulose Fibers, led by Senior Vice President Jean-Michel Ribieras, and reported as a separate business segment beginning with the company’s release of earnings for the fourth quarter of 2016. Messe Düsseldorf To Rebuild South Entrance For drupa The Supervisory Board and the shareholders of Messe Düsseldorf have approved plans for the com- plete reconstruction of the fairground’s south en- trance and, subsequently, Hall 1. The work is scheduled to start in May 2017, after the interpack trade fair, and should be completed in summer 2019. Overall, Messe Düsseldorf will invest around Euro 636 million until 2030. The new South Entrance will give Messe Düsseldorf a contemporary presence directly on the banks of the Rhine river with a view toward Düsseldorf.Trade fair visitors and convention delegates will be wel- comed by a new illuminated and translucent awning, 83,950 square feet in size and about 65 feet high. After interpack 2017, Messe Düsseldorf plans to de- molish Halls 1 and 2 and to replace them with a new building that will be immediately adjacent to the foyer along its entire width. With 518 feet in length, 252 feet in width and com- prising more than 129,160 square feet, the new hall will be about the size of the existing halls 8a and 8b.
Flexo Market News I NTERNET D IRECTORY
Adheso-Graphics, Inc. www.adheso-graphics.com
AGI manufactures, distributes and converts current tech- nology flexo mounting tapes and backing systems for cor- rugated plate mounting. Flexstik hard vinyl, FlexSoft, bi.esse brand, Gold Series Thin tapes for sleeve and Narrow web plate mounting. Specialty tapes that cover the vast thickness range re- quirements and specific adhesion systems for all flexo mounting requirements. We provide technical service and problem solving services for unique customers & applications.
Anderson & Vreeland, Inc. www.andersonvreeland.com
A&V manufactures a complete line of photopolymer plate processing systems and is a leading distributor of flexo- graphic platemaking materials. A&V also sells digital imag- ing systems and software specifically designed for flexography.
ARC International www.ARCInternational.com
ARC International is a world leader in the manufacturing of roller products for flexography. The latest nanotechnolo- gy laser engraving in our Charlotte and Las Vegas manu- facturing facilities ensures superior quality and consistency in anilox rollers.
Comexi Group Industries S.A.U. www.comexigroup.com
The Comexi Group is a leading supplier of quality flexographic C.I. presses for the flexible packaging indus- try worldwide. We also provide solventless laminators, slitter/rewinders and related peripheral equipment such as automatic wash-up systems, solvent recovery sys- tems, automatic roll unloaders, and plate cylinder/sleeve storage systems. DuPont Packaging Graphics is the world’s leading suppli- er of flexographic printing systems in digital and conven- tional formats; including Cyrel® brand photopolymer plates, Cyrel® FAST processing equipment, Cyrel® round sleeves, mounting and finishing products. For more than 35 years, beginning with Cyrel®, the first photopolymer printing plate, through to today’s digital workflow revolution, DuPont has been driving innovation in the Flexo and package printing industries. The Digital Cyrel® FAST imaging system has been broadly recognized for its efficiency, productivity, print perfor- mance, and environmental benefits. DuPont Packaging Graphics www.cyrel.com/na
10 December 12, 2016 Flexo Market News
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