KBA unveils its digital press plan

KBA has tied with RR Donnelley to develop a digital press that will debut at next year's Drupa, forming a partnership both parties expect to "reinvigorate" the industry.

The companies have signed an agreement to develop, manufacturer and sell piezoelectric-based digital inkjet machines for the commercial, newspaper, packaging and security sectors.

Through the partnership, KBA has licensed RR Donnelley's Apollo digital technology to use in its own presses. The culmination of this operation will

Heidelberg: digital venture will render rival presses irrelevant

The German press giant has revealed that its new solution will involve a digital device costing circa €100,000 (£84,000), with a speed of 80-90ppm. This will run in combination with its Anicolor sheetfed press and be integrated into the Prinect workflow, with a 'job gate' to route jobs to the most efficient output option.

What it is yet to confirm is the identity of its digital partner, although Konica Minolta is thought to be the frontrunner. Canon and Ricoh have also been

GOSS International to cut 300 jobs in 2011

Goss International in agreement with the works council at its facility in Montataire, France will reduce the work force there by approximately 300 people in 2011.

"We regret the impact on our employees, but this is an essential, proactive step in our plan to rationalise and integrate Goss resources in Europe to deliver the highest level of value to our customers," according to Goss International president and CEO Jochen Meissner.

Meissner emphasises that Goss International maintains a global

Heidelberg reaffirms digital deal

Heidelberg has said it will unveil its much-anticipated digital print partner before the end of March 2011 in a deal that will "change the industry".

In itsfirst public statement on itshunt for a digital partner since a proposed tie-up was announced in January, Heidelberg attempted to clarify its position.

Stephan Plenz, Heidelberg board member responsible for equipment, said: "Our in-depth discussions started at Ipex and we have talked to lots of potential partners.

"We are still in negotiations

Komori conducts open house at its Europe HQ

Komori hosted its Technology 2010 Open House at its Utrecht European headquarters in November.

The Japanese press manufacturer showcased the likes of the new five-colour B2 Enthrone 29, the Lithrone SX640 and the Lithrone S840P with its H-UV drying system alongside equipment from a range of partners including Kodak, Horizon and PrintVis MIS.

The S840P was on show at Ipex turning out copies of the PrintWeek IpexDaily newspaper and the same model will be the centrepiece of its workflow

Heidelberg prunes loss after stronger Q2 2010

Heidelberg's first half pre-tax loss has narrowed significantly on the back of strong sales and lower costsfollowing its successful restructuring.

The world's largest press manufacturer recorded net sales of €1.2bn for the six months to 30 September, up 18% on the first six months of 2009, while its pre-tax loss of €106.1m was down 44% on last year's €188m H1 loss.

Sales were particularly strong in the second quarter, improving 27% versus the previous year to €633m and growing

KBA says no to merger as industry regroups

Press manufacturer KBA has said that consolidation in the press market is crucial for manufacturers to start making money again, but has insisted that it will not be part of any merger.

Speaking at a press conference at newspaper trade show Ifra, KBA deputy president Claus Bolza-Schunemann said that the worldwide newspaper press sales market had contracted to around half the size of 2007.

However, the company has claimed that its share of the market, which is now estimated to be at around

Data is the 'new oil' for print: Pira

Printers must ensure they understand the 'connected world' if they are to profit from the future media landscape, according to Pira International.

Speaking at the research and consulting firm's Global Print Markets conference this week, Pira print strategy consultant Neil Falconer described data as "the new oil". "Printers have a great opportunity in managing data and content. There are major opportunities ahead in leveraging the power of communities," he stated.

However, in order to do so

Manroland to shed 500 jobs thru restructure

Manroland has revealed it is to shed 500 jobs as part of a strategy the press manufacturer claimed would enable it to position it for "future growth".

The company said the move came at a time where press sales within the business are dropping in established industrial countries but dynamic growth is taking place in emerging markets.

Manroland confirmed that the basic structure of the business would remain unchanged, with its Augsburg and Offenbach facilities maintaining the production of press

Agfa Graphics gets its revenues up by 8.7%

Agfa Graphic's pre-tax result rebounded strongly in the first half of the year as it reaped the benefits of the cost-cutting exercise it undertook through 2009.

Recurring EBIT for the first six months leapt more than 427%, from €13.4m ($18.5m) to €70.7m, on revenues of €736m, up 14.8% from €641m in the first half of 2009.

This put the company's EBIT to revenue ratio at 9.6%, up from 2.1% in the same period last year and well above its medium-term target of 7%.

In its interim

KBA claims bumper 1st six months of 2010

German press manufacturer KBA has experienced a bumper first six months of the year, with buoyant orders putting an end to 18 months of short-time working at its Radebeul plant.

The company said a 39% year-on-year upswing in orders, which was concentrated in China, but also apparent in other regions, affected both its sheetfed and web and special presses divisions, mostly in the second quarter of 2010.

Business in the UK, Spain and Scandinavia remained relatively weak with more activity in the B2

Oce publishes results with its €70m Q2 loss

Digital press manufacturer Oce has reported a 70m-euro ($90.36m) pre-tax loss in its second quarter results, after it was hit by one-off costs totalling 83m euros associated with Canon's takeover bid.

The company recorded a turnover of €676.2m for the quarter, almost identical with the same period in 2009 (€675.7m). For the first six months of the year turnover fell around 3.3% to €1.3bn.

Pre-tax loss for the opening six months of the year was €73.9m. In 2009 Oce recorded a

Heidelberg set to gain €42om in rights issue

Heidelberg has proposed a rights issue to raise approximately €420m ($546m) following the publication of mixed results for the financial year to 31 March 2010.

The world's largest press manufacturer said it intended to use the proceeds of the capital increase to "mainly repay a portion of the three bank loans Heidelberg was granted in June/August 2009 to support the group's financial restructuring".

The rights issue, which will be put to a vote at a shareholders meeting on 29 July, follows

Flint to increase its inks prices by 5-8% in July

Flint Group has announced price increases in heatset and coldset web and sheetfed inks, as well as for pressroom consumables as of 1 July.

The company said the rises were because of raw material cost increases, which it said had risen by more than 50% in the past six months. It added that the short-term outlook "offers no sign of relief".

As a result, price increases across all ink products and selected pressroom chemicals will be instigated.

Heatset inks will increase by €0.25 ($0.30) per

Shanghai Electric takes full ownership of Goss

Shanghai Electric Group (SEG) is to acquire press manufacturer Goss International after taking a majority share in the manufacturer last year.

A share issue in September 2009 gave SEG around a 40% stake in the company, which was previously 85% owned by MatlinPatterson Global Opportunities Partners and 15% by Heidelberg, after it sold its web and bindery businesses to Goss in 2004.

SEG has now exercised its option to buy the remaining shares - a decision that Goss chief executive Jochen Meissner

Technotrans is back into the black

The Technotrans Group posted revenue of € 19.8 million in the first quarter of the new financial year.According to a statement released by the company. Technotrans has shown an improvement of € 19.6m($23.4m) this year, over Q-4, 2009, although the latest figures represent a 14.5 percent decline as compared to the same period last year.

Dirk Engel, CFO, Technotrans said, "Following on from the low revenue in the first quarter, we believe there are good prospects of achieving our goal of

H'berg plans more cuts in ongoing restructure

Heidelberg has said it will cut a further 850 jobs worldwide as it targets a break-even operating result in the coming financial year.

The German press giant said it has started the year with a "leaner and more efficient organisation", but that it would cut 450 administrative and sales roles along with 400 positions at its Wiesloch/Walldorf manufacturing site.

Heidelberg said the cuts would reduce annual costs by €60m ($79m) in 2010/11.

The job losses are expected to result in restructuring

Heidelberg preparing for digital move in 2010

Heidelberg has confirmed it is talking to possible digital partners to enable it to sell digital presses in 170 countries and said a deal should be in place by the end of 2010.

"We want to supply [the machines], service and consumables and we are currently in the evaluation stage to talk to several possible partners, who have an attractive product portfolio and for whom Heidelberg is attractive," said chief executive Bernhard Schreier.

"These are ongoing discussions and, within this year, we want

KBA reports breakeven despite low demand.

Despite a decline in global demand, KBA has moved from a pre-tax loss of 87.1m euro in 2008 to anticipating a post-tax profit for 2009, according to its preliminary results.

The German press manufacturer said that it had achieved this despite a 40% drop in demand compared to 2007 with a raft of cost-cutting measures that included shedding more than 1,000 jobs, that reduced overheads by more than 100m.

Group orders for the year came in at nearly 890m, down 28% year-on-year, while sales were

Ipex 2010 is 'most imp in its history' say chiefs

This year's Ipex has been dubbed the most important in the show's history by several key figures.

"In many ways, this is the most exciting time to be in print, purely because of all the changes that are taking place," said Brian Filler, chairman of printing equipment manufacturers and suppliers trade body Picon and managing director of Screen UK.

"There's no doubt that both suppliers and printers have been through a difficult time, but R&D still goes forward and the face of the

Oce’s acquisition approved by EU

Canon’s proposed acquisition of Dutch digital press manufacturer Océ has moved a step closer after the Japanese company won approval from European Union competition regulators.

A statement from the European Commission said: “The parties would continue to face several strong competitors in all market sectors.

“The commission therefore concluded that the proposed transaction would not give rise to competition concerns.”

Earlier, both Océ and Canon

KBA eyes new business as rival post losses

Press manufacturer KBA is to move into solar energy and water treatment technology as it seeks to diversify, rather than “enter a merger in a shrinking market”.

Speaking as the company an­­­nounced better than ex­­pected third-quarter results, chief executive Helge Hansen said that, while print manufacturing would remain core, the company would explore acquisitions in “new business lines with good prospects for growth and earnings”.


Heidelberg restructures with Rautert leaving

Heidelberg head of sales Jürgen Rautert has left the business “by mutual consent”, after the manufacturer restructured its board and its business.

As a result of Rautert’s shock departure, responsibility for sales will be divided across board members of the other divisions and overall sales responsibility has been handed over to chief executive Bernhard Schreier.

Following the restructure, a Heidelberg Services division will be created, led by new appointment Marcel

Agfa to takeover assets of Gandi Innovations

Agfa has announced it has agreed to buy the majority of the assets of large-format manufacturer Gandi Innovations, currently trading in creditor protection.The Canadian inkjet specialist first revealed it was to pursue a sale through court documents posted on 26 June. The Gandi products would sit within Agfas range of inkjet presses, complementing the likes of the high end:M-Press Tiger industrial flatbed inkjet press and the newly launched printing engines in the :Anapurna large format range

Kodak chief optimistic despite 26% sales drop

Kodak has committed to commercial inkjet with its newly renamed Prosper Press Platform as the company’s Graphic Communi­cations Group recorded an 18% third-quarter decline in revenues.

The drop contributed to a company-wide drop in sales to $1.78bn, down 26% year on year, while sales in GCG came in at $674m.

Antonio Perez, chairman and chief executive of Kodak, said: “On a sequential basis, the positive trends are clear. Our sales are stabilising and some businesses are

Key alliance opens trade in India

Press manufacturer KBA has signed a strategic alliance that will lead to it selling Indian presses in the UK.

The German company has teamed up with Indian press manufacturer The Printers House (TPH) to sell each others’ products in their respective markets. TPH will promote KBA web presses in India while KBA will offer TPH’s range of 2/1 Orient web presses throughout the rest of the world.

The deal will enable KBA to offer a lower-tech, lower-cost product to customers in its

Low visitor turnout at Print 09 in Chicago

The US print media market has been impacted with the downturn, with visitors and the number of contracts signed at the show disappointingly lower than Print 05. Though the slump has prompted cost-cutting measures, KBA and its subsidiary KBA North America Inc put up a brave front by exhibiting three sheetfed presses (small, half- and medium-format) on its attractive 800 sq/m stand. Only Komori from Japan offered a similar choice. KBA recently relocated to Dallas, Texas.

Also popular were

Shipping delay led to revenue fall

EFI has reported a halving in quarter-on-quarter revenues, citing a delay in commercial availability of its new hybrid printer for the weaker results.

Revenues for the second quarter ending 30 June 2009 came in at $90m, compared with $186m in 2008, producing a GAAP net loss of $13.3m.

EFI chief executive Guy Gecht said that the main disappointment for the quarter was the delay in shipping its Vutek GS 3200. Despite strong initial orders, the state-of-the-art technology involved meant delays

Press giants banking on improved orders

Press giants KBA and Heidelberg have both announced weak results for the year to date, but pointed to an improvement in incoming orders as a sign for optimism.

Heidelberg said it did not expect to make a profit in the current financial year, following the publication of its first quarter results last week in which it posted a $92million operating loss.

The German press manufacturer said that “due to the persisting difficulty underlying conditions” full-year sales would be below

New single entity will serve inkjet, ink market

DIC Corporation and Sun Chemical are to create a new single business entity to serve the inkjet ink market under the name SunJet.

SunJet global business director Laurie Geldenhuys said that “coordinating DIC and Sun Chemical technology under one global division”, which will be a subsidiary of Sun Chemical, better reflects the global nature of digital inkjet markets.

“It’s a huge market; things are developing so quickly. So we’re looking at the newer applications