Bobst Receives FEFCO Gold Award For Innovation Bobst has been presented with the FEFCO Gold Award for Best Innovation 2017 for its Premium Gap Control at this year’s European Federation of Corru- gated Board Manufacturers (FEFCO) Technical Semi- nar, October 11-13, in Vienna,Austria. The Bobst Premium Gap Control is an independent unit positioned after the counter ejector on the Flexo Folder Gluer. It ensures that 100 percent of de- livered boxes are folded with total quality and to exact specifications, said the company. It reportedly removes non-compliant packaging, therefore reduc- ing waste, cost and operator time dedicated to con- trol and compliance. Beverage Packaging Market To Reach $138.7 Billion The global beverage packaging market was valued at $108.4 billion in 2015, according to a new report from Zion Market Research, and is expected to reach $138.7 billion in 2021 and is anticipated to grow at a CAGR of 4.2 percent between 2016 and 2021. Gulf Print & Pack Summit To Take Place In Dubai The first Gulf Print & Pack Summit will take place March 4-5, 2018, at the Roda Al Bustan Hotel, Dubai. Sister event to the Gulf Print & Pack exhibition, the summit is targeted at commercial and packaging printers, design professionals and brand owners. Full Conference Featuring a full conference program and table-top exhibition, Gulf Print & Pack Summit will examine the issues and opportunities in accessing new mar- kets and discuss the future shape of the region’s print- ing business. Subjects covered in the two-day summit will include: digital print and finishing; workflow au- tomation; new in-line converting technologies; track and trace, logistics and brand security labeling; and new market opportunities in personalization, internet- of-things (IoT) and Industry 4.0 technologies. Market Predictions The Middle East print market value is predicted to reach $24 billion in 2017 as forecasted in the Smithers Pira report The Future of Global Printing to 2020 . Overall market value will pass $28 billion by the end of the decade with growth in excess of the of around three percent a year.
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8 October 30, 2017 Flexo Market News
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