FMN_March14flipbook

Flint Group Completes Sale Of XSYS To Lone Star Flint Group has confirmed completion of the sale of its XSYS division (XSYS) to an affiliate of Lone Star Funds (Lone Star), a global private equity firm. Terms of the transaction were not disclosed. Coveris Increases Focus On Paper-Based Packaging Primarily known for its plastic packaging and film products, European packaging manufacturer Cov- eris has added a stronger focus on its paper pack- aging offer by setting up the Paper Business Unit to showcase its developments and respond to the increasing demand on the market. The newly created Paper Business Unit — which already accounts for 30 percent of sales — does not represent a departure from flexible packaging ma- terials and plastic-based films for Coveris. Clear Film Printing Adds Koenig & Bauer Flexo Press Clear Film Printing, Kaufman, Texas has installed a new Koenig & Bauer Evo XC Max Mod 127 flexo- graphic press. The company provides unique stretch film and overwrap printing on films such as Cryovac, Cly- sar, Red Rock Films, Bollore, Berry Plastics, and Vanguard. The new Evo XC Max will be equipped with eight colors. The press was chosen by Clear Film due to its small footprint and space-saving solution at the company’s facility. A B Graphic Announces Expansion Plans A B Graphic International (ABG) has recently purchased a third manufacturing site at Kelleythor- pe Industrial Estate, near Driffield, East Yorkshire, close to their Bridlington headquarters. The expansion will provide an additional 40,000 square-foot footprint with land for parking, lorry access and a new office development. The site is currently undergoing refurbishment and building work and is scheduled to be ready for occupancy by early 2023. Plans for the new site include relocating the com- pany’s dedicated turret rewinder manufacturing fa- cility, which has been based at a smaller site nearby in Middleton on the Wolds since 1995.

Industry Events

FTA Forum March 13-16, 2022 Omni Fort Worth Ft. Worth, Texas

TLMI Converter Meeting March 20-22, 2022 Albuquerque, NM

Labelexpo Europe April 26-29, 2022 Brussels Centre Expo Brussels, Belgium

Labelexpo Americas September 13-15, 2022 Donald E. Stephens Convention Center Rosemont, IL

FTA Fall Conference October 11-13, 2022 Covington, KY

TLMI Annual Meeting October 16-19, 2022 Scottsdale, AZ

FTA Forum April 16-19, 2023 Hilton Columbus Downtown Columbus, Ohio

Flexo Market News March 14, 2022 13

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