Page 10 - PWM_OCTOBER 2021 EBook
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NEWS CONSUMABLES AND PAPER
Fedrigoni introduces Materia IP divests from
Paper business
Viva Natural Papers International Paper
Company today announced
the completion of its previ-
ously announced separation
Fedrigoni Group, the leading daring to try alternative solu- and spin-off of its global
global producer of luxury tions to generate change. printing papers business,
speciality papers for packag- Our mission is Elevating now operating as Sylvamo
ing, publishing and graphics, Creativity.” Corporation (NYSE: SLVM).
as well as self-adhesive label- Materia Viva (Italian for Each International Paper
ling products, has launched ‘living matter’) is inspired by shareholder received one
Materia Viva – a collection of nature. The collection of share of Sylvamo common
high recycled-content innovative and sustainable stock for every eleven shares
papers. papers brings together nine of International Paper com-
The range comprises high-quality product lines mon stock held on the record
between 20% and 100% nat- presented in a customisable date. International Paper
ural cellulose-alternative The Group was recently awarded the Gold Medal from EcoVadi box with a special card show - continues to own approxi-
fibres, such as cotton and ing a photo of a landscape mately 19.9% of the out-
hemp, sourced exclusively and can guarantee the neces - on the environment whilst matching the paper. Materia standing shares of Sylvamo
from FSC certified forests. sary strength and resistance elevating the creativity of the Viva is a culmination of tech- common stock.
The collection includes new to folding. brands, designers, printers nologically advanced solu- “The spin-off enhances the
paper variants as well as oth- Micaela Di Trana, market- and converters who work tions that respond to any strategic flexibility and focus
ers that were previously ing & R&D VP at Fedrigoni with us. We do this at every packaging or printing need for long-term success and
available in the company’s Paper, commented: “We’ve stage of our production whilst respecting communi- value creation at both compa-
portfolio since 1996 but have been pushing ourselves cycle: from the extraction of ties and the environment. nies. International Paper is
since been revisited and beyond the limits of technol- raw materials, the manufac- Fedrigoni’s commitment now a highly-advantaged,
improved. ogy for over 20 years, to real- ture and distribution of the to increasing the sustainabil- corrugated packaging-
The world of luxury is ise new sustainable, creative finished product, to the use ity of its products, processes focused company, well-posi-
increasingly looking for nat- possibilities. With each sheet and disposal of the material. and supply chain is ratified tioned to grow earnings and
ural content papers that are of paper, we reduce the Being sustainable for us by the latest 2020 cash generation,” said Mark
elegant, high-performing, impact of our supply chain means being creative, and Sustainability Report. Sutton, chairman & CEO.
Flint Group announces global Lecta to raise specialty
price increase papers prices
Flint Group Packaging Lecta announces a price
announces the intention to increase of 12% to 14% on all
further increase the prices its Specialty papers grades.
of all its ink and coating This price increase is
products for the Flexible essential in order to offset
Packaging, Paper & Board the exceptional increase in
and Narrow Web markets. raw materials driven by the
Increases will vary by prod- soaring price of gas, energy
uct and will be applied and chemical costs.
throughout the remainder The new prices for Price to rasie between 12 to 14%
of 2021. Thermal, Carbonless,
The increasingly chal- significant downturn which
lenging array of conditions Labels and Flexible is not sustainable without
Packaging papers will be
present across the ink & effective on deliveries from the relevant passing-on of
coating supply chains are Increases will vary by product and will be applied continuously. these increases into the
showing no sign of abating. new orders and applied in all prices of our products by
Conditions have worsened on allocation following ventional), Pigments, markets. adding surcharges.
over the summer period as numerous force majeure Titanium Dioxide (Ti02) & These new quotations will These surcharges will be
the availability of key raw events. Organic Chemicals repre- be subject to the addition of subject to review each
materials, packaging & Costs are increasing rap- sent the majority of the surcharges due to the month in accordance with
freight has tightened, driv- idly and supply is tightening increases. Raw material uncontrollable and unfore- the relevant energy prices of
ing costs to unprecedented across all procurement cate- increases are being further seeable increasing prices of the immediately prior
levels. Flint Group gories however, the vast compounded by a series of gas and energy cost. month.
Packaging is now facing majority of the cost escala- packaging and freight cost In the current scenario of Lecta sales teams are at
confirmed cost increases at tion can be seen in the raw increases. The magnitude constant review of prices by our customers’ disposal to
extraordinary levels and material markets. Esters, and speed of all increases is our energy suppliers, Lecta’s coordinate the price
many key raw materials are Resins (both UV and con- unparalleled. cost structure has suffered a increase implementation.
10 PrintWeek MENA October 2021 www.printweekmena.com