European Labelstock Rebounds In Third Quarter In the third quarter, labelstock demand in Europe rebounded strongly, after a poor first half of the year caused by strike related paper shortages from Finland, according to a new report from FINAT. For the first three quarters as a whole, the Euro- pean label industry recorded a modest growth of 1.7 percent compared to the same period last year. Compared to the third quarter in 2021, European consumption of paper roll labelstocks increased by no less than 11.9 percent, after a sharp YoY drop of 8.3 percent in the previous quarter. For filmic roll label applications, demand compared to the same quarter in 2021 accelerated by a healthy plus of 8.4 percent, compared to a modest year-on-year growth of 2.2 percent in Q2. Both trends indicate a strong rebound after the collapse that was caused by long lasting paper mill strikes in Finland since the beginning of the year, leading to severe paper shortages and lead times going up to 5-6 months for release liner and paper facestock applications. Now that backlogs are being completed, the key question remains how the general economic uncer- tainties will affect labelstock demand going forward.
Flexo Wash Offers Systems For Immediate Delivery With lead times growing in this current delayed supply chain economy, Flexo Wash has announced that it has several new narrow web cleaning sys- tems available now for immediate delivery before the end of the year. Current inventory onsite, includes:
• 2 Liquid Anilox Cleaners • 1 Laser Anilox Cleaner
• 1 Plate Washer • 2 Parts Washers • 1 Recirculation Unit • 1 Screen Washer All machines are brand new from 2022 and avail- able for immediate delivery. Tax Advantage In addition, purchasers can take advantage of the current 2022 tax law that offers 100 percent bonus depreciation with no cap on amount of equipment purchased. This will be the last year for 100 percent bonus depreciation unless Congress makes chang- es; 2023 bonus depreciation is only 80 percent. For more information visit www.flexowashus. com/machines-available-now .
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6 November 21, 2022
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