Industry

Ravenwood Packaging is establishing a new subsidiary in Australia, appointing Sam Aloschi to be the company’s Asia-Pacific managing director. The UK-based packaging and labelling company specialises in linerless labels and pack inspection systems.

Press manufacturers Komori and KBA have both taken a hit from the effects of the virus, with both recording losses in the March quarter.

Digital inkjet solutions developer Durst is back in production, following the Italian government's introduction of Phase 2 of its lockdown.

The country's biggest trade printer CMYKhub has all five of its print sites up and running again, and is on the front foot with ideas and solutions for its resellers to drive print sales.

Online print giant Cimpress, which owns Vistaprint in Melbourne, saw its print orders plunge by 65 per cent at the end of March and beginning of April, recovering to 40 per cent down by the end of the month.

The Bring Back Print petition is gaining traction, as the Print and Visual Communications Association takes it to government and opposition figures, aiming to get them to take government and taxpayer funded print off Chinese presses and into Australian printshops.

Press giant Heidelberg is expanding its subscription model, which sees printers not pay for the press but rather the sheets they produce, to create four distinct contract packages.

The rush to buy supermarket products has seen demand for Jet Technologies' label and packaging materials for FMCG goods skyrocket by 500 per cent.

The latest drupa global Spotlight report says a survey of printers and suppliers revealed challenging conditions – and that was before the impact of the coronavirus.

The print industry is in shock as Sydney Binding closes its doors, the owners pulling the pin on one of the only two major perfect binding trade houses in the country.

Shares in major heatset printer Ovato are in a trading halt, after they jumped by 81 per cent in morning trade. No reason has yet been given, nor any further details.

Printers are being urged to think carefully about signing up for a new round of JobKeeper when the current one expires in September, with warnings concerning accruals of entitlements that they are liable for. Even though an employee may not be working, their long service, holiday pay and redundancy entitlements will keep rising.

Offset press giant Heidelberg is releasing details of press usage around the world for the first time, with results confirming that commercial work collapsed during the crisis, but giving hope that it will come back, with Chinese print now back to pre-virus levels.


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The country's biggest publisher, Bauer Media, is suspending printing of some of its magazines and cutting 70 jobs as it deals with a fall in advertising revenue.

Major newspaper publisher News Corp has called in management consultants Deloitte to review and cut its costs, with printing, and its smaller and regional newspapers, in the spotlight.

Orora has finalised the sale of its Australasian Fibre business to a subsidiary of Nippon Paper Industries for $1.72bn, with Orora's net proceeds after tax and costs amounting to $1.55bn.