News

Xaar continues to grow as profits treble

Xaars profits tripled in the first half of the year and it expects continued growth in the second half as it releases new products and enters new markets

Polestar unveils Purnell's new Cerutti

Polestar pledged to put customers at the beginning, middle and end of our plans, during the official launch of its new Cerutti 35RS gravure press at its Purnell site.

Ex-Debenhams man goes solo

Debenhams corporate print production manager Daniel Willoughby is leaving the firm to set up his own print management business

PDG triumphs in US food deal

Tyneside-based Print Design & Graphics (PDG) has won an order from Ohio company Kahiki Foods to produce its new retail merchandising sleeves

Troubled APP wins a reprieve

Debt-laden Asia Pulp & Paper (APP) has won a reprieve from one of its creditors after Magnesium Elektron ended its 1.1m ($1.55m) lawsuit at Singapores High Court

Klippan ends legal dispute with PDFM

Legal action taken against Phillips & Drew Fund Managers (PDFM) by Swedish company Klippan Paper has been settled on a confidential basis

Sappi secures loan to reduce costs in the US

Sappi has agreed a 548m (e900m) loan facility with three banks to help reduce borrowing costs in the US

Backer withdraws from Donside MBO

The proposed management buyout of Donside Paper Company has hit trouble following the withdrawal of one of the backers supporting the MBO

IP to shut down machines with 645 job losses

International Paper has announced plans to shut down three North American paper machines "indefinitely" within its containerboard and coated paper business

UPM hopes for 1.5bn loan to acquire Haindl

UPM-Kymmene hopes to raise a 1.53bn (E2.5bn) loan to finance its acquisition of German paper producer Haindl Paper

Heidelberg and Presstek settle patent dispute

Presstek and Heidelberg have settled arbitration over non-exclusive co-operation, intellectual property rights, patent ownership, licence terms and conditions

Bunzl Fine paper signs 50m Europa Office deal

Bunzl Fine Paper has signed its largest-ever distribution deal, which will be worth in the region of 50m over the next three years

EFI shifts its emphasis to professional print market

EFI is placing more importance on the professional print market to counter falling sales in the office market

NexPress makes first Euro installation in Germany

NexPress Solutions has revealed that the first European installation of its NexPress 2100 will take place in Germany

Stratus suspends trading of shares

Shares in digital book printer and publisher Stratus Holdings have been suspended after below-par sales and delays associated with its move to new premises in Thirsk, North Yorkshire