AF&PA (Cont’d from Page 1)
smart SOLUTIONS
Sustained solutions to your most pressing pressroom concerns.
survey responses that formed the report indicate a slight rebound in 2021, according to the report. Newsprint and printing-writing papers decreased in 2020, with capacity for both grades declining in the past decade. The report states that this is because of the continued decline from displacement by electron- ic communication. Some companies are repurposing machines that produced printing/writing papers to produce containerboard and packaging paper to in- crease profits. Survey responses indicate total paper and paper- board capacity will remain flat, decreasing less than one-half of 1 percent in 2021. Graphic Packaging Concludes Partnership With IP Graphic Packaging Holding Company has concluded its partnership with International Paper Company.The final tranche of the membership interests held by In- ternational Paper in Graphic Packaging International Partners were exchanged for an equivalent number of shares of Graphic Packaging common stock. As a re- sult, Graphic Packaging now owns 100 percent of the Partnership. Profitable Partnership Graphic Packaging completed the combination with International Paper’s North America Consumer Pack- aging Business in January 2018. Graphic Packaging owned 79.5 percent of the partnership and was sole manager, while International Paper owned 20.5 per- cent.As part of the final transaction, 22,773,072 mem- bership units were exchanged for an equivalent num- ber of shares of Graphic Packaging common stock. The total number of shares of the Company’s common stock outstanding following the transaction is roughly 306.9 million shares. Indoplas, Indopack, Indoprint Rescheduled The next edition of INDOPLAS, INDOPACK and IN- DOPRINT, the Indonesian International Plastics, Pack- aging and Printing Exhibition, will now be held from October 13–16, 2021, at the Jakarta International Expo (JIExpo) in Indonesia. The event was originally sched- uled for August 2021. The trade fair, which focuses on technologies and solutions from the plastics, packaging and printing sectors, is jointly organized by Messe Düsseldorf Asia and WAKENI. Messe Düsseldorf Asia is a subsidiary of Messe Düsseldorf in Germany.
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.
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Greg Kishbaugh / 317-306-1060 / flexo@nvpublications.com
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8 June 7, 2021 Flexo Market News
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