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GLOBAL NEWS

Japan Pulp and Paper An investigation into the
IN BRIEF

bids for Inapa France recycling of soft plastics by
two of the UK’s biggest
supermarkets has resulted
in a claim that customers
are being misled, and for
The insolvency adminis- bid, just the French opera- government to support a
trator for Portuguese paper tions, is insufficient to qualify big cut in plastic produc-
tion. Campaigning group
distribution group Inapa IPG for the next stage of the Everyday Plastic teamed up
has presented an addendum potential transaction, it may with the Environment Investigation Agency (EIA UK) to track
to its previous report to con- bundles of soft plastic waste left in take-back schemes.
firm that Japan Pulp and consider extending its bid to Volunteers placed Apple AirTags in 40 bundles of soft plastic
packaging, which were then left at front-of-store collection
Paper Co has launched a bid include Portugal, the Shared points in Tesco and Sainsbury’s supermarkets around
to buy Inapa France. Bruno Inapa France could be bought Services Centre, and brands, England. Major supermarkets have been rolling out recy-
da Costa Pereira was subject to satisfactory due cling collection points for single-use soft plastics since 2021
and the total number is now in excess of 6,000. Very few
appointed as the administra- on Tuesday (24 September) diligence. councils – around 12% – currently collect soft plastics in
tor of the Inapa IPG insol- Japan Pulp and Paper Co The statement said: “The household recycling systems, according to the report.
vency proceedings when it (JPP) presented a new bind-
filed for insolvency this sum- ing proposal for the acquisi- financial proposal contem- Stora Enso plans to reduce
mer after its German subsidi- tion by a JPP group company plates the payment of a fixed its debt and boost its bal-
ary also filed for insolvency of the shares held by Inapa price for the acquisition of ance sheet by selling off
some of its forest assets.
following a cashflow prob- IPG representing 100% of the shareholdings in Inapa The He lsi nk i-
lem. the share capital of French France, S.A.S. and JJ LOOS, headquartered group is
Printweek reported earlier company Inapa France, and, S.A.S. for the amount of one of the world’s oldest
this week that the adminis- indirectly, the acquisition of €25m [£20.8m], based on an and largest owners of pri-
vate forests. It plans to sell
trator had confirmed that 100% of the share capital of around 12% of its huge
proposals had been received the company JJ LOOS. enterprise value of €73.1m 1.4m hectares of forest assets in Sweden. It owns total forest
for various parts of the busi- JPP – which acquired subject to conditions for sign- and plantation land spanning some 2.5m hectares. At the
ness but not others. But sub- Premier Paper Group in 2019 ing and completion of the half-year Stora Enso’s net debt increased by ¤466m (£390m)
to nearly ¤3.5bn, mainly due to the investment in board
sequent to the report’s filing, – said that if the scope of its transaction.” production and conversion at its Oulu Mill. The proposed
sale will require a new legal structure for its Swedish forest
CP Bourg agrees fresh deal assets in order to facilitate a deal. Stora Enso had sales of
¤9.4bn last year. The financial consequences of its recent
environmental incident in Finland are not yet known.
Encore Machinery has Dan Attew, CP Bourg sales nicely with everything else
become the new UK distribu- director for EMEA and we do.” Guardian Exhibition &
tor for CP Bourg post-press APAC, said he was very He said the seven-strong Display has taken on a
equipment. The deal happy about the new Encore team was now in the Vanguard Europe VKR3200-
HS digital roll-to-roll
between Luton-based Encore arrangement. Encore process of product training printer as it looks to dou-
and the Belgian equipment Machinery managing direc- and onboarding of the new ble its turnover within the
manufacturer was finalised tor Paul Davidson com- product range. CP Bourg next two years. Installed in
earlier this month. CP Bourg mented: “We’re excited makes a range of inline and July, the new machine has
been housed in a specially
had been without an official about everything associated offline print finishing sys- built print room at the company’s headquarters near
UK partner since TCS with the CP Bourg organisa- tems including bookletmak- Southend in Essex. The VKR3200-HS is suitable for use with
Finishing Solutions was shut- tion. It’s a great fit with our ers, perfect binders, stackers materials like static cling, paper, vinyl, mesh, textiles, and
tered in the summer of 2023. portfolio and fits in very and trimmers. more. Its dual-roll capability enhances workflow and pro-
ductivity while additional features include a mesh kit for
perforated media and a backlit lightbox. The printer uses
Northside expands options the Elysian ink series. Managing director Anthony Booty
praised the “unbelievable” print quality and colour vibran-
cy of the UV-LED machine.
Northside Graphics has we can add in a number of
added long sheet printing to new product lines because of Two of the industry’s leading suppliers have boosted their
its in-house capabilities after re-use of resources credentials with new remanufacturing
investing in a Xerox Iridesse it, along with foiling which capabilities. Fujifilm Business Innovation has set up a new
digital press. The Belfast- works with the dry toner,” Circular Manufacturing Center in the Netherlands. The firm
based digital printing spe- he explained. “We keep has expanded its presence in the European market signifi-
cialist installed the thinking of things we can cantly since the launch of its Revoria range of toner digital
four-colour device over the presses in the spring.Initially the new operation at
summer. Managing director produce on the Iridesse, so Fujifilm’s Tilburg site will collect used toner cartridges from
Richard Campbell said the Format options with Iridesse that’s all very exciting.” The customers and remanufacture them into new cartridges.
firm had previously out- firm operates via four online The intention is this will be expanded in the future to
sourced long sheet work, but the £120,000 investment. include the remanufacturing of spare parts for production
that side of the business had “It became a no-brainer to web-to-print brands across printers and of multifunction devices. The 1,000sqm site
grown sufficiently to justify buy a long sheet press, and the UK and Ireland: began operating over the summer.

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