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23 December 2020
PtintCAN.com On Holidays Till 2021

TORONTO, CANADA—
 
 PrintCAN is on holidays next week. We will be publishing new stories starting January 5th 2021. We are all looking forward to better year for the industry in 2021.  All the best from the editors and writers of PrintCAN.com . Stay safe and we will  see you in 2021. 

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23 December 2020
Heidelberg Sells Part of Head Office Property

HEIDELBERG , GERMANY— 

Plant at Wiesloch/Walldorf site
Plant at Wiesloch/Walldorf site
Heidelberg sold 130,000 square meters  of the Wiesloch/Walldorf  site  to the VGP Group. VGP Group will create a new, modern industrial and commercial park at the Wiesloch/Walldorf site. The Wiesloch/Walldorf site covers a total area of around 840,000 square meters. The site opened in 1957 , became world headquarters in 2014 and currently has about 4900 employees working there. Heidelberg achieves a purchase price in the mid double-digit million-euro range.

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23 December 2020
Pantone Colours Of The Year For 2021

CARLSTADT , NEW JERSEY—

Pantone ultimate tray and illuminating yellow
Pantone ultimate tray and illuminating yellow
 Pantone has revealed its two colours of the year for 2021 – Ultimate Grey (Pantone 17-5104) and Illuminating (Pantone 13-0647), a vibrant yellow. PANTONE 17-5104 Ultimate Gray + PANTONE 13-0647 Illuminating, two independent colours that highlight how different elements come together to support one another, best express the mood for Pantone Colour of the Year 2021. Practical and rock solid but at the same time warming and optimistic, the union of PANTONE 17-5104 Ultimate Gray + PANTONE 13-0647 Illuminating is one of strength and positivity. 

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23 December 2020
Manroland Goss Acquires Thallo Web Packaging Business

AUGSBURG, GERMANY—

Thallo web-offset packaging presses
Thallo web-offset packaging presses
manroland Goss Group and Contiweb have signed a purchase agreement on the sale of the Thallo web-offset packaging business. Thallo press series, targets the film & foil printing in hybrid sleeve offset technology. The successful VSOP press with over 90 installs worldwide in more than 60  countries,  originally developed by Drent Goebel. The VSOP press was the first to be equipped with sleeve offset technology in packaging printing.

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23 December 2020
Heidelberg Sell Chemical Division To Manroland Sheetfed Parent

GERMANY ,—

Parent company has bought Heidelberg's pressroom chemical divison
Parent company has bought Heidelberg's pressroom chemical division
 Langley Holdings owner of Manroland Sheetfed offset press manufacturer has acquired printing chemicals consumables manufacturers division , HiTech Chemicals and Blue Products from Heidelberger. The acquisition includes the Kruibeke, Belgium based production facility which produces  printing chemicals consumables for flexographic, digital and offset printing for the packaging and commercial markets.

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23 December 2020
Transcontinental Appoints Eric Morisset , Chief Development Officer

MONTREAL—

Eric Morisset new Chief Development Officer
Eric Morisset new Chief Development Officer
 Transcontinental announced the appointment of Eric Morisset as Chief Development Officer effective December 1, 2020. Mr. Morisset will report to François Olivier, President and Chief Executive Officer of TC Transcontinental, and will be part of the Executive Management Committee. Since 2018, the role of Corporate Development Officer had been held by Sam Bendavid, who was appointed earlier this year as Senior Vice President, TC Transcontinental Advanced Coatings and Procurement within TC Transcontinental Packaging. 

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16 December 2020
Transcontinental Sales Down Earnings Up.

MONTREAL—

Canada's largest printer and becoming one of North America,s largest packaging printer
Canada's largest printer and is becoming one of North America,s largest packaging printers
Revenues decreased by $135.2 million, or 17.1%, from $790.9 million in the fourth quarter of 2019 to $655.7 million in the corresponding period of 2020. This decrease is largely attributable to lower volume in the Printing Sector, mostly due to the impact of the COVID-19 pandemic. Operating earnings decreased by $75.0 million, or 48.0%, from $156.2 million in the fourth quarter of 2019 to $81.2 million in the fourth quarter of 2020.  Adjusted operating earnings increased by $3.3 million, or 3.1%, from $106.8 million in the fourth quarter of 2019 to $110.1 million in the fourth quarter of 2020.

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16 December 2020
R.R Donnelley May Sell Asia Pacific Plants

CHICAGO—

North America's largest printer
North America's largest printer
Bloomberg has reported that R. R. Donnelley (RRD) , the largest in the US  is considering the sale of all their  Asia Pacific plants  to raise cash and cut debt. The majority of the their Asian plants are in China.  $800 million is  the potential price. The sale would mark the U.S. printer's  exit from the world’s second-largest economy after almost three decades.

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16 December 2020
BELL Forces Customers Into Paperless Bills

MONTREAL—

Email notice to customers that all invoices will as for February will be paperless.
Email notice to customers that all invoices will as for February will be paperless.
Bell Canada customers  will start to receive their bills  to their email address, and will no longer receive a paper bill.  Customer's  January bills will be the last delivered in paper format. It appears customers will have no choices.The Telecommunications Act  was amended to prohibit providers of telecommunication services from charging subscribers for paper bills.The Canadian Radio-television and Telecommunications Commission (CRTC), issued a decision almost two years later to not require phone companies to provide customers with a paper bills. 

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16 December 2020
Esko Selling Kongsberg Division To Private Equity Company

LOS ANGELES— 

Kongsberg cutting tables
Kongsberg cutting tables
Esko is set to sell its Kongsberg cutting table  business to private equity  company  OpenGate Capital. Kongsberg was founded in Norway in 1965 and was purchased by Esko (then Barco) in 1998. The sale includes the original research and development facility in Kongsberg, Norway and the production facility in Brno, Czech Republic. Esko  makes integrated software and hardware products for the packaging, label and wide-format sectors.

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