FMN | April 13th, 2020

Nilpeter Adapts Business To COVID-19

smart SOLUTIONS

Sustained solutions to your most pressing pressroom concerns.

The COVID-19 remains a rapidly developing and un- foreseen global health crisis. As a reaction, Nilpeter carefully follows the directions and recommendations of local authorities. All Nilpeter facilities around the world are still op- erating with ongoing production, observing local gov- ernment and health services guidelines. Spare parts handling is fully active in normal opening hours, and Customer Care is performing 24/7 remote support and trouble-shooting from all global Call Centers. Acucote Introduces Portfolio Of Cannabis Label Materials Acucote, a pressure-sensitive adhesive coating man- ufacturer, has expanded its portfolio of stocked label material for the cannabis industry. The global legal marijuana market size is expected to reach $73.6 billion by 2027, and expand at a Com- pound Annual Growth Rate of 18.1 percent, according to a new report published by GrandView Research, Inc. Labels are used in a variety of cannabis applications including CBD Oil, Concentrates, Flowers, Edibles, Ex- tracts, Salves/tinctures,Terpenes and Topicals.

We begin with an investigation that benchmarks the most common causes of waste/downtime andtheircostsincluding:

Job Changes Mid-run Press Stops Customer Complaints Excess Blade Consumption Inadequate Best Practice SOPs

Anilox/Cylinder Wear and Damage Print Defects Like Dirty Print, Streaks Lack of On-going Compliance Training After careful ROI analysis, wehelpyoudevelop and implement a sustainable solutions plan.

Exceptional Quality. Superior Results. Guaranteed.

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FLXON INCORPORATED (800) 756-6474 7ROHDUQPRUHYLVLWZZZȵ[RQFRP

Grief Completes Sale To Graphic Packaging

Greif, Inc., Delaware, Ohio, has completed its previ- ously announced divestiture of the Consumer Packag- ing Group business for $85 million in cash to Graphic Packaging Holding Company. Proceeds from the sale of CPG will be used toward debt repayment. Greif expects no material impact to its Fiscal 2020 outlook or Fiscal 2022 financial com- mitments from this sale and reaffirms its expectation of at least $70 million synergies over 36 months from the closing of the Caraustar acquisition. Global Paperboard Market Reaches New Heights The Paperboard market was valued at $184.64 billion in 2018 and expected to reach $273.19 billion by 2027 at a Compound Annual Growth Rate of 4.5 percent throughout the forecast period from 2019 to 2027, according to a new report from ResearchAndMarkets. com. The rising popularity of paperboard packaging and the growing manufacturing industry especially in the developing economies are propelling the paper- board market growth, according to the report.

8 April 13, 2020 Flexo Market News

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