Posts Tagged ‘Nanography’

  • Benny Landa scores €100 million investment

     German speciality chemical group Altana has stepped into the future of Nanography, the water-based digital printing process being developed by the Israeli-based ‘father of digital printing.’

    Describing the Landa digital printing development as a ‘game changer,’ Dr. Matthias Wolfgruber, CEO, Altana, has committed to a minority stake in Landa Digital Printing. The money will be used for completing the development of Nanography, including engineering and production ramp-up of printing presses and building of manufacturing plants for Nanoink colorants.

    “We are extremely excited to be partnering with an industry visionary like Benny Landa. We speak the same language in terms of innovation. I am confident that we are investing in a game-changing technology that can enable the printing industry to thrive in the 21st century and help our customers position themselves well for the future,” said Wolfgruber.

    'Game changing technology,' Matthias Wolfgruber, CEO Altana

    The German investment is solely focused on the Landa Digital Printing without any involvement in Landa’s other high-tech companies; Landa Labs and Landa Ventures. Altana wants to be an active partner, drawing on its print industry expertise gained from its divisions that manufacture additives and instruments, pigments and coatings and sealants.

    “We see our alliance with the Altana Group as a key milestone for our company and a strong vote of confidence in our mission to bring digital printing to mainstream commercial, packaging and publishing markets,” said Benny Landa, chairman and CEO of Landa Corporation. “Altana brings a wealth of relevant industry and market experience as well as worldwide manufacturing expertise, which will be of great value as we expand our presence globally.”

    Landa’s Nanography presses were first shown at last drupa in Dusseldorf in 2012. They are based on a revolutionary claim of being able to print using water-based nano-sized toner particles. In recent months the emphasis has shifted from commercial printing presses to the development of a packaging press. It is expected to be again shown at drupa in 2016 with beta models in use by next year.

    The groundbreaking technology is supposed to have attracted over a hundred million dollars in expressions of interest from printers when it was first shown.