Last updateSat, 26 Sep 2020 7pm

Stora Enso finalises the restructuring of Bergvik Skog’s forests holdings

The shareholders of Bergvik Skog AB, a Swedish forest holding company, have finalised the previously announced restructuring of its ownership. Stora Enso’s forest holdings in Sweden will increase to 1.4 million hectares, of which 1.15 million hectares is productive forest land. Prior to the transaction, Stora Enso’s indirect share of Bergvik Skog’s productive forest land was 936 thousand hectares.

Close collaboration between Gallus and Schmid Rhyner for digital coating

The three companies Gallus Ferd. Rüesch AG, Steinemann Technologie AG and Schmid Rhyner AG have already been working together closely for several years. Gallus, known for its label printing machinery, integrates the Steinemann DEU (Digital Embellishment Unit) into its Labelfire 340 (width 340 mm). This enables top level refinement of digital print products. Here, the core is the module from Steinemann, the tradition-steeped manufacturer of inline and offline varnishing units for the graphics industry. The decisive varnishes for digital refinement, which are aligned for use on the machine, are manufactured by Schmid Rhyner, the leading Swiss manufacturer and developer of the patented diVar technology. The partnership between these three companies has brought digital varnishing a whole new dimension using inkjet technology.

Global Market Leader In Flexible Organic Photovoltaics OPVIUS And ARMOR Commit To Building Together

OPVIUS and ARMOR today announce the signing of a Letter of Intent to merge OPVIUS development, integration and marketing activities for flexible organic photovoltaic films with those of ARMOR. A major common objective: to pool know-how in order to become the global benchmark company in flexible organic photovoltaic technology. The new entity would combine the French mid-market company ARMOR's industrial production capacity for ASCA® film (1 million m2 per annum - the highest in the world) with the organic photovoltaic film integration experience of the German company OPVIUS, as demonstrated by its numerous application projects. The merger would enable ARMOR to accelerate the deployment of its solar innovation projects and mark a major step in establishing a position of global leadership in flexible organic photovoltaics to meet the challenges of energy transition.

BYK-3450 and BYK-3451 honored in China with a top-class industry award

Two new BYK additives, which have been developed primarily for the printing inks and inkjet inks segment, have won a Ringier Technology Innovation Award this May, one of the most prestigious industry awards in China. At the award ceremony in Shanghai, special attention was drawn to their groundbreaking wetting properties and broad compatibility in aqueous systems for the graphics and coating industries.

Heidelberg achieves targets for 2018/19 – growing economic risks slow down growth

Provisional group sales of €2,490 million for 2018/19 approximately 3 percent up on previous year

EBITDA margin of 7.2 percent within target range and slightly up on previous year
Cautious outlook for 2019/20 – sales and profitability forecast at previous year’s level
Deterioration in underlying conditions delay medium-term growth targets
New digital business models, industrial digital print and sustainable cost efficiency to be vigorously pursued

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