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Home » Printing News

Printing News

Kestrel Printing scoops top prize in digital draw

Posted by Print Week News on Jul 28, 2013 in Uncategorized | Comments Off on Kestrel Printing scoops top prize in digital draw

The commercial printer in Southend-on-Sea, Essex, struck lucky in the draw run by Antalis and Konica Minolta to promote digital print. Kestrel Printing managing director John Galley said: “This is a tremendous opportunity to expand our digital service and attract new business, especially with our new online ordering website going live. “We already have a C6000 and the new one will double our capacity. If we have any downtime the other machine will kick in but we hope to run them side by side. The kit runs at 35 SRA3 sheets a minute.” Kestrel Printing launched in 1970 to serve local and national businesses needing letterheads, compliment slips and business cards, brochures, booklets, folders and posters. Antalis and Konica Minolta joined forces this January to launch the Digital Future prize draw, with a total prize fund of digital related products worth over £100,000. “Both companies recognised that in a challenging market, where overall print volumes are in decline, commercial printers needed support to grow and develop their businesses,” said a spokesman. A total of 57 companies from across the UK won prizes in the draw. They included Conquest Litho in Kent, which took away a Roland VersaStudio BN20″ solvent printer; G&H Sheet Fed in Greater Manchester and DST Output (London) in Essex, which each won a Macbook Pro 13-inch; and Axminster Printing Co in Devon and AB Print Group in West Yorkshire, which won Adobe Creative Suite 6 Design Standard....

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Polestar renews BMJ and BMA contract

Posted by Print Week News on Jul 26, 2013 in Uncategorized | Comments Off on Polestar renews BMJ and BMA contract

Under the terms of the new three-year contract Polestar will split printing of the high-profile medical journals across its Bicester and Chantry sites. The combined portfolio comprises the weekly British Medial Journal (BMJ) and BMA News, the Student BMJ and Student BMA News as well as Veterinary Record and Vets in Practice. Since winning the print contract two-and-a-half years ago, pre-press and printing has been carried out solely at Polestar’s Chantry site, with some finishing work performed at Polestar Petty. However due to a requirement by the publisher to squeeze scheduling and turnaround times on its key weeklies, Polestar is to split printing of the BMJ and BMA News between Chantry and Bicester. Polestar Chantry will print text pages on its KBA 818 72pp press and M600 short cut-off 32pp press. Covers will be printed on a G14 16pp press. Meanwhile, the Bicester site will use its Manroland 72pp press and Polyman 16pp machine. Polestar marketing director James Povey said: “Our client wanted to tighten up time from data to mailing and the only way we could meet those requirements was to split production across our sites. One of the strengths we have at Polestar is a breadth of firepower that enables us to do that.” He added: “We are absolutely delighted that they have chosen to renew this contract with us. This client has a lot of kudos and we have a great relationship with them so we’re really looking forward to furthering that.” Head of production and operations at BMJ, Catherine Harding-Wiltshire, said: “We’re delighted to renew our contract with Polestar. They have done a great job over the past three years. “They listen to their clients and adapt to fit a changing environment every time. Polestar has solved our scheduling issues and we can now produce our titles to the deadline we need without the having to split the contract across multiple vendors, saving us a logistical nightmare.” The new arrangement will begin at the end of the month....

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Polestar renews BMJ and BMA contract

Posted by Print Week News on Jul 26, 2013 in Uncategorized | Comments Off on Polestar renews BMJ and BMA contract

Under the terms of the new three-year contract Polestar will split printing of the high-profile medical journals across its Bicester and Chantry sites. The combined portfolio comprises the weekly British Medial Journal (BMJ) and BMA News, the Student BMJ and Student BMA News as well as Veterinary Record and Vets in Practice. Since winning the print contract two-and-a-half years ago, pre-press and printing has been carried out solely at Polestar’s Chantry site, with some finishing work performed at Polestar Petty. However due to a requirement by the publisher to squeeze scheduling and turnaround times on its key weeklies, Polestar is to split printing of the BMJ and BMA News between Chantry and Bicester. Polestar Chantry will print text pages on its KBA 818 72pp press and M600 short cut-off 32pp press. Covers will be printed on a G14 16pp press. Meanwhile, the Bicester site will use its Manroland 72pp press and Polyman 16pp machine. Polestar marketing director James Povey said: “Our client wanted to tighten up time from data to mailing and the only way we could meet those requirements was to split production across our sites. One of the strengths we have at Polestar is a breadth of firepower that enables us to do that.” He added: “We are absolutely delighted that they have chosen to renew this contract with us. This client has a lot of kudos and we have a great relationship with them so we’re really looking forward to furthering that.” Head of production and operations at BMJ, Catherine Harding-Wiltshire, said: “We’re delighted to renew our contract with Polestar. They have done a great job over the past three years. “They listen to their clients and adapt to fit a changing environment every time. Polestar has solved our scheduling issues and we can now produce our titles to the deadline we need without the having to split the contract across multiple vendors, saving us a logistical nightmare.” The new arrangement will begin at the end of the month....

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Antalis owner hit by weak demand and prices as losses quadruple

Posted by Print Week News on Jul 26, 2013 in Uncategorized | Comments Off on Antalis owner hit by weak demand and prices as losses quadruple

Group sales to 30 June fell €178m (£153m) from €1,977 last year to €1,799m in 2013, with net losses increasing four-fold year-on-year to -€36m, from -€9m in 2012. While the group admitted that, as a result of its poor first-half performance, sales and profits this full year would be down on 2012, it said it hoped that its results for the second half of the year would not be as weak as H1. Sales at merchanting operation Antalis fell €106m from €1.36bn in the first half of 2012 to €1.26bn this year, while revenues at manufacturing division Arjowiggins dropped €84m to €661. Earnings before interest, tax, depreciation and amortisation (EBITDA) at Antalis tumbled 14.6% to €38m, although in a statement Sequana said that performance varied “considerably” across countries and the UK was singled out as one of the more resilient markets. According to Sequana, downward price pressure and the fact that the market for printing papers shrank by 8% were the key drivers behind struggling sales at Antalis. However, the company described Antalis’ proposed acquisition of Xerox’s Western European office paper business, which is expected to close in Q4, as a means to “consolidate its market position and increase its profitably”. Volumes at Arjowiggins also slipped 8%, with added price pressure contributing to sales sliding 11.2%, and EBITDA almost halving from €44m in the first half of 2012 to €25m in the same period this year. Arjo’s Graphic division was hardest hit, with sales falling 42% to €304m and EBITDA crashing by more than 90% to €1m from €12m last year. Sequana said the manufacturing operation had benefited from two mill closures this year, and it expected the planned closure of its Ivybridge mill in the UK early next year to help further. Sequana chairman and chief executive Pascal Lebard said: “The deteriorating business environment during the first six months of 2013 accelerated the drop in volumes of printing papers in Europe against a backdrop of strong downward pressure on selling prices and amplified the shift to mid-range papers. Consequently, we continued to press ahead with our rigorous cost-management policy. “Consolidated net debt has fallen by €60m since 30 June 2012. This also reflects the capital increase carried out last year, part of which was used to enable Antalis to pursue its external growth strategy and to implement restructuring operations during H2 2012 at Arjowiggins.” The company also confirmed that it had renegotiated agreements with its banks to extend its credit facilities at Arjo and Antalis, €400m and €530m respectively, to November 2015....

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Antalis owner hit by weak demand and prices as losses quadruple

Posted by Print Week News on Jul 26, 2013 in Uncategorized | Comments Off on Antalis owner hit by weak demand and prices as losses quadruple

Group sales to 30 June fell €178m (£153m) from €1,977 last year to €1,799m in 2013, with net losses increasing four-fold year-on-year to -€36m, from -€9m in 2012. While the group admitted that, as a result of its poor first-half performance, sales and profits this full year would be down on 2012, it said it hoped that its results for the second half of the year would not be as weak as H1. Sales at merchanting operation Antalis fell €106m from €1.36bn in the first half of 2012 to €1.26bn this year, while revenues at manufacturing division Arjowiggins dropped €84m to €661. Earnings before interest, tax, depreciation and amortisation (EBITDA) at Antalis tumbled 14.6% to €38m, although in a statement Sequana said that performance varied “considerably” across countries and the UK was singled out as one of the more resilient markets. According to Sequana, downward price pressure and the fact that the market for printing papers shrank by 8% were the key drivers behind struggling sales at Antalis. However, the company described Antalis’ proposed acquisition of Xerox’s Western European office paper business, which is expected to close in Q4, as a means to “consolidate its market position and increase its profitably”. Volumes at Arjowiggins also slipped 8%, with added price pressure contributing to sales sliding 11.2%, and EBITDA almost halving from €44m in the first half of 2012 to €25m in the same period this year. Arjo’s Graphic division was hardest hit, with sales falling 42% to €304m and EBITDA crashing by more than 90% to €1m from €12m last year. Sequana said the manufacturing operation had benefited from two mill closures this year, and it expected the planned closure of its Ivybridge mill in the UK early next year to help further. Sequana chairman and chief executive Pascal Lebard said: “The deteriorating business environment during the first six months of 2013 accelerated the drop in volumes of printing papers in Europe against a backdrop of strong downward pressure on selling prices and amplified the shift to mid-range papers. Consequently, we continued to press ahead with our rigorous cost-management policy. “Consolidated net debt has fallen by €60m since 30 June 2012. This also reflects the capital increase carried out last year, part of which was used to enable Antalis to pursue its external growth strategy and to implement restructuring operations during H2 2012 at Arjowiggins.” The company also confirmed that it had renegotiated agreements with its banks to extend its credit facilities at Arjo and Antalis, €400m and €530m respectively, to November 2015....

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Takeover bid tabled for CPI

Posted by Print Week News on Jul 26, 2013 in Uncategorized | Comments Off on Takeover bid tabled for CPI

The pan-European book printing group is the subject of a takeover offer from Banque Publique d’Investissement (BPI), the French state-owned bank, together with an unnamed private investor. However, the deal would mean the banks that currently own CPI would see their investments entirely wiped out, although a figure of €20m has been mooted as part of a possible clawback arrangement to sweeten the deal. The current banking consortium took ownership of CPI in 2009, in a debt-for-equity swap that reduced its debt to €123m. The €450m turnover printer has been in talks about restructuring the debt again. The banks involved include the UK’s RBS, which declined to comment. CPI Group marketing director Anthony Morin said progress had been made over the past fortnight: “Discussions are going in the right direction and are positive, even if they’re not finalised yet.” Italian book printer Grafica Veneta has also been named as a potential trade buyer for parts of CPI, which has factories in seven countries across Europe but not in Italy. The company did not respond to requests for comment. “In this type of discussion all types of scenarios are being discussed,” added Morin. “Our intention is to keep the complete group as it is. This makes sense from a strategic point-of-view, there are multiple benefits in being able to pull together all our resources.” A report in French newspaper Les Echos also cited an upcoming cash crunch for CPI because of the busy pre-Christmas production period, but Morin refuted this. “There is no deadline regarding the cash required. The group is cash positive,” he stated. The BPI takeover proposal has been submitted to France’s Interdepartmental Committee on Industrial Restructuring (CIRI). CIRI aims to help struggling French companies with 400-plus employees restructure their operations. The European Union has strict rules on the granting of state aid that could distort competition in the single market. CPI employs around 620 people in France, out of a group total of 2,900. A source told PrintWeek there was “a great deal of French political will” behind finding a positive outcome. PrintWeek understands that an announcement is likely within the next week....

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Takeover bid tabled for CPI

Posted by Print Week News on Jul 26, 2013 in Uncategorized | Comments Off on Takeover bid tabled for CPI

The pan-European book printing group is the subject of a takeover offer from Banque Publique d’Investissement (BPI), the French state-owned bank, together with an unnamed private investor. However, the deal would mean the banks that currently own CPI would see their investments entirely wiped out, although a figure of €20m has been mooted as part of a possible clawback arrangement to sweeten the deal. The current banking consortium took ownership of CPI in 2009, in a debt-for-equity swap that reduced its debt to €123m. The €450m turnover printer has been in talks about restructuring the debt again. The banks involved include the UK’s RBS, which declined to comment. CPI Group marketing director Anthony Morin said progress had been made over the past fortnight: “Discussions are going in the right direction and are positive, even if they’re not finalised yet.” Italian book printer Grafica Veneta has also been named as a potential trade buyer for parts of CPI, which has factories in seven countries across Europe but not in Italy. The company did not respond to requests for comment. “In this type of discussion all types of scenarios are being discussed,” added Morin. “Our intention is to keep the complete group as it is. This makes sense from a strategic point-of-view, there are multiple benefits in being able to pull together all our resources.” A report in French newspaper Les Echos also cited an upcoming cash crunch for CPI because of the busy pre-Christmas production period, but Morin refuted this. “There is no deadline regarding the cash required. The group is cash positive,” he stated. The BPI takeover proposal has been submitted to France’s Interdepartmental Committee on Industrial Restructuring (CIRI). CIRI aims to help struggling French companies with 400-plus employees restructure their operations. The European Union has strict rules on the granting of state aid that could distort competition in the single market. CPI employs around 620 people in France, out of a group total of 2,900. A source told PrintWeek there was “a great deal of French political will” behind finding a positive outcome. PrintWeek understands that an announcement is likely within the next week....

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Howard Hunt installs second iGen4

Posted by Print Week News on Jul 25, 2013 in Uncategorized | Comments Off on Howard Hunt installs second iGen4

Howard Hunt invested in its first Xerox iGen4 in September last year, replacing a five-year-old Kodak Nexpress, as part of a 12-month £3.5m investment strategy in its digital division. General manager of digital printing Simon Currid said the decision to invest in a second was “pretty simple” after seeing the results of its first. “We are so pleased, they are incredibly reliable, our up-time is now at about 96% on a 24-5 shift pattern.” Currid said that both printers were specified with Xerox’s Matte Dry Ink because they wanted to create a look for its short-run insert work, among other jobs, that was “nearer to litho and not the glossy look of digital print”, which he said was an industry-wide problem. The 364x660mm sheet size of the iGen4 also allowed the business to be more flexible and responsive to its clients needs while saving waste and time, Currid said. The company had chosen not to go for the iGen 150, despite its increased speed over the iGen4, simply because “the 150 wasn’t really tried and tested when we wanted to invest”, he explained. “We felt that when we came to get the second it would be a seamless transition if we stuck to the same model and that is exactly what it has proved to be.” However, he said that the company had visited the Xerox showroom this week to look at the iGen150 with the potential of an investment in the near future. “We are looking to grow our digital print arm by another 20% over the financial year which would bring us to £4.8m for the year and our output, including our two Xeikon 8000s, to around 8m A4 impressions per month,” he added. Howard Hunt is currently beta-testing a Kodak Prosper 5000XLi. The 5000 was installed in May 2011 and upgraded in February this year....

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CWU mulls balloting members on Royal Mail strikes

Posted by Print Week News on Jul 25, 2013 in Uncategorized | Comments Off on CWU mulls balloting members on Royal Mail strikes

The union is holding a two-day policy forum in London next week, and if a resolution for a strike ballot is passed by the 500 reps, and the union’s 115,000 Royal Mail members vote in favour, industrial action could begin as soon as the end of September. If the ballot does go ahead and is approved, which based on the results of the union’s consultative ballot last month seems likely, any strike action is likely to clash with the planned privatisation of the Royal Mail. CWU head of communications Kevin Slocombe said that a final decision on whether to ballot Royal Mail members would only be made if no agreement was reached or if the ongoing negotiations with Royal Mail were deemed unsuccessful. Talks with the Royal Mail began this week and are scheduled to run for three weeks. If no agreement is reached, a 21-day ballot could be launched in early September. However, Slocombe added that even if the current talks fail and a ballot is launched, this wouldn’t rule out further talks with Royal Mail. Billy Hayes, CWU general secretary, said: “UK postal services are facing unprecedented change and threats. We will always embrace innovation and changes in the industry, but only on terms which maintain decent jobs and protect quality services. “This policy forum is all about anticipating what may lie around the corner and how CWU can react to protect the interests of our members and customers they serve in the increasingly changing world of postal services.” Issues to be discussed at the policy forum will include securing job “protections” in Royal Mail, alternative business models to privatisation, changes to pensions and workplace pressure. Dave Ward, CWU deputy general secretary, said: “We want to secure the best possible protections for our members’ jobs and we will stop at nothing to ensure that their future, and that of the UK’s postal services, is protected. “The offer on job protection made by Royal Mail earlier this month wasn’t worth the paper it was written on. Patience is wearing thin and unless we can secure robust protections for jobs, pay and terms and conditions soon we are asking our reps to endorse a policy of holding a national industrial action ballot no later than September.”...

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Howard Hunt installs second iGen4

Posted by Print Week News on Jul 25, 2013 in Uncategorized | Comments Off on Howard Hunt installs second iGen4

Howard Hunt invested in its first Xerox iGen4 in September last year, replacing a five-year-old Kodak Nexpress, as part of a 12-month £3.5m investment strategy in its digital division. General manager of digital printing Simon Currid said the decision to invest in a second was “pretty simple” after seeing the results of its first. “We are so pleased, they are incredibly reliable, our up-time is now at about 96% on a 24-5 shift pattern.” Currid said that both printers were specified with Xerox’s Matte Dry Ink because they wanted to create a look for its short-run insert work, among other jobs, that was “nearer to litho and not the glossy look of digital print”, which he said was an industry-wide problem. The 364x660mm sheet size of the iGen4 also allowed the business to be more flexible and responsive to its clients needs while saving waste and time, Currid said. The company had chosen not to go for the iGen 150, despite its increased speed over the iGen4, simply because “the 150 wasn’t really tried and tested when we wanted to invest”, he explained. “We felt that when we came to get the second it would be a seamless transition if we stuck to the same model and that is exactly what it has proved to be.” However, he said that the company had visited the Xerox showroom this week to look at the iGen150 with the potential of an investment in the near future. “We are looking to grow our digital print arm by another 20% over the financial year which would bring us to £4.8m for the year and our output, including our two Xeikon 8000s, to around 8m A4 impressions per month,” he added. Howard Hunt is currently beta-testing a Kodak Prosper 5000XLi. The 5000 was installed in May 2011 and upgraded in February this year....

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