Page 12 - PWM2023_January
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           ImageData buys itself a Vutek                                                           HP to slim

           for Christmas                                                                           reduce its gross global head-
                                                                                                     HP Inc said it expects to

                                                                                                   count by around 4,000 to
                                                                                                   6,000 employees by the end
            ImageData Group has                                              in waste, flexible UV ink for   of its 2025 fiscal year.
           placed an order for an EFI                                        stretch fabric [...] it opens up   Alongside its results for Q4
           Vutek Q5r UV LED roll-to-                                         a few more avenues [com-  and the full-year, the manu-
           roll printer, installed on 12                                     pared] to what the machine   facturer announced a fiscal
           December. The installation                                        it is replacing can do.”  year 2023 Future Ready
           represents a significant                                            ImageData decided to go   Transformation plan, which
           upgrade for the firm, as it                                       with the Vutek after seeing it   it said would drive significant
           will replace ImageData’s                                          in action both at supplier   structural cost savings
           10-year-old Durst 5m-wide                                         CMYUK’s showroom, then   through digital transforma-
           press.                                                            live on a printer’s produc-  tion, portfolio optimisation,
            The wait to replace the                                          tion floor.           and operational efficiency.
           Durst roll-to-roll press had                                        “We looked at [other]   The company said it esti-
           been longer than usual,   The new Vutek will help ImageData to clear post-press bottlenecks  mates the actions of its new
           according to chief operating   bed and HP Indigo 100k at  effectively print a spot or   machines and essentially   plan will result in annualised
           officer Glen Patrick, because   its Willoughby site after buy-  overall varnish without cost-  [the Vutek] stood out for us.   gross run rate savings of at
           the company has been busy   ing a pair of Xerox Nuvera   ing much more; the press   We were impressed, and   least $1.4bn (£1.18bn) by the
           buying a significant amount   314s and several Duplo fin-  also has in-line finishing   decided it was the route we   end of fiscal 2025. It esti-
           of kit for its three sites across  ishing machines for its   capabilities.  should go down.   mated that it will incur
           the UK.               Brighton small-format site.  Patrick told Printweek: “It   According to Patrick, the   approximately $1bn in
            In early 2021, for    The new six-colour press,   will massively help alleviate   company is in the process of   labour and non-labour costs
           instance, the firm took deliv-  with white and clear inks,   some of those bottlenecks.   getting a solar array installa-  related to restructuring and
           ery of an Inca Onset X3 flat-  will allow the company to   Then we’ve got reductions   tion signed off.  other charges.
           Fespa to share ‘New                                               Agfa raises Digital Print &

           Perspectives’ at 2023 event                                       Chemicals prices

            Fespa Global Print Expo                                            Agfa has implement dou-
           2023 and European Sign                                            ble-digit price increases
           Expo 2023 will return in                                          across its Digital Print and
           May, with the strapline                                           Chemicals portfolio world-
           ‘New Perspectives’. Set to                                        wide, effective 1 January
           take place at Messe                                               2023.
           Munich, Germany, from                                               In a statement released on
           23-26 May, the events will                                        29 November 2022, the man-
           aim to help print and sign                                        ufacturer said that despite
           professionals who are set-                                        sustained efforts in improv-
           ting out their strategies for   The 2022 event in Berlin attracted 11,647 unique visitors  ing efficiency and constant
           future success.       able growth.          Surfex Coverings confirmed   sourcing optimisation, these   Agfa: ‘We had no other choice’
            “Helping our global com-  “That’s why our 2023   as sponsors.    price increases “are neces-  tics, energy and salaries. In
           munity to build profitable,   event campaign leads with   Fespa is also launching a   sary to compensate for con-  order to run a sustainable
           sustainable businesses is at   ‘New Perspectives’. We’re          tinuing high inflationary   business – allowing us to
           the heart of Fespa’s mis-  inviting printers and sign-  new Personalisation   pressure on energy, raw   guarantee supply and to con-
           sion,” said head of Fespa   makers to come with open   Experience to run alongside   material, logistics and salary   tinue to bring innovative
           Global Print Expo Michael   minds, ready to look at   the expo. This standalone   costs”.  products and quality service
           Ryan.                 problems from different   event will centre around an   Vincent Wille, president of   to our customers – we have
            “The businesses that have  angles and challenge estab-  exhibition space open to all   Agfa’s Digital Print and
           come through the pan-  lished perceptions to   Fespa Global Print Expo and              no other choice but to
           demic have already learned   unlock growth opportuni-  European Sign Expo visitors,   Chemicals division, said that,   increase the prices of our
           the importance of agility  ties.”           offering “an experiential   “Despite our relentless   products substantially.”
           and flexibility. Now they’re   More than 330 exhibitors           efforts to contain expendi-  Agfa’s Q3 results involved
           facing a new set of chal-  have signed up for the show   showcase of products and   tures, we continue to be con-  something of a mixed picture
           lenges and need to explore   so far, with Brother, EFKA,   solutions for personalisa-  fronted with historically high   at the Digital Print &
           different avenues for profit-  Hanglory, Mimaki, and   tion”.     costs for raw materials, logis-  Chemicals wing.
           12  PrintWeek MENA January 2023                                                  
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