Siegwerk Joins Project STOP To Combat Plastic Pollution Siegwerk has become a strategic partner of Project STOP, a frontline initiative, co-founded by Borealis and SYSTEMIQ, that designs, implements and scales circu- lar economy solutions to marine plastic pollution in Southeast Asia. Since its launch in 2017, Project STOP has welcomed various industrial and governmental partners designing, implementing, and scaling circular economy solutions to prevent plastic waste pollution. Siegwerk is now joining this network of system rele- vant players that are committed to support the estab- lishment of on the ground solutions in Indonesia. Every year, roughly 12 million tons of plastic waste end up in the ocean impacting community health, wealth and polluting the environment. An estimated 50 percent of marine debris originates from just five Asian economies: China, Indonesia, the Philippines, Vietnam, andThailand.With an annual consumption of more than 6 million tons of plastic and an estimated ocean leakage of 1 million tons per year, Indonesia is the second largest contributor to ocean plastics. In re- sponse, the Indonesian government has created a Ma- rine Debris Action Plan in 2017 committing itself to reduce Indonesia’s ocean plastic levels 70 percent by 2025. Project STOP has four core objectives; zero leak- age of waste into the environment; creating more cir- cular systems; achieving economic sustainability; and benefits to local community via creation of new jobs and reducing impact of mismanaged waste on public health, tourism and fishers.
Flexo Market News
Eaglewood Technologies, LLC www.eaglewoodtech.com
Eaglewood Technologies provides the award-win- ning Sitexco Laser Systems, Sanilox ™ Systems and Sani-Blast ™ Mobile Service. Sitexco Laser Systems are the latest technology in anilox roll cleaning and are perfect for packaging and label printers. San- ilox ™ Systems are the global standard of reliable, environmentally safe anilox roll cleaning. Sani-Blast ™ cleaning service has been cleaning rolls for over 20 years and offer several cleaning options to minimize downtime. Flint Group Flexographic Products develops, man- ufacturers and markets an extensive portfolio of printing consumables, including: nyloflex ® photo- polymer printing plates and processing equipment, and dayCorr ® die-cutting blankets and anvil covers. With a strong customer focus, unmatched service and support, and superior products, Flint Group strives to provide exceptional value, consistent qual- ity and continuous innovation to customers around the world. Flint Group www.flintgrp.com
Packaging Industry M&A Deals Total $195.86 M
J I MacWilliam Co., Inc. www.jimacwilliam.com
Used equipment for flexible packaging, folding carton, paper, film, foil and non-woven industries. Professional, knowledgeable service for more than 30 years.
Total packaging industry Merger & Acquisition deals in the second quarter of 2020 worth $195.86 million were achieved globally, according to GlobalData’s deals database. The value marked a decrease of 92.1 percent over the previous quarter and a drop of 93.2 percent when compared with the last four-quarter average, which stood at $2.89 billion. Comparing deals value in different regions of the globe, Europe held the top position, with total an- nounced deals in the period worth $103.25 million.At the country level, Sweden topped the list in terms of deal value at $71.28 million. In terms of volumes, North America emerged as the top region for packaging industry M&A deals globally, followed by Asia-Pacific and then Europe. The top country in terms of M&A deals activity in the second quarter of 2020 was the United States with 12
KBA-Flexotecnica – Get the Edge www.kba-flexotecnica.com/en/
Flexotecnica’s patented Safe Sleeve Change ® system and Speedy Clean ® auto washup system are designed to give converters a competitive edge through Flexotecnica’s commitment to research and development. Sales, service and support for Flexo- tecnica presses is provided by KBA North America, Inc. in Dallas, Texas with U.S. resident technicians, an extensive spare parts inventory and an experi- enced, dedicated service staff.
(Cont’d on following page)
12 August 3, 2020 Flexo Market News
www.nvpublications.com
Made with FlippingBook Online newsletter