10 February 2021
Agfa Restructuring Offset Plate Division
BELGIAN—
Offset plates is largest division of Agfa
Offset plates is largest division of Agfa
Agfa intends to restructure its printing business with plans to make its Offset Solutions division a separate operation and streamline its products. Agfa’s board agreed to put the Offset Solutions activities into a standalone legal operation , within the Agfa-Gevaert Group. Offset Solutions division includes printing plates and film and  for 2019, was Agfa’s largest business unit with sales, accounting for 38% of total sales .
Plate business has become a commodity market
Plate business has become a commodity market
Last year the division also closed two plates plants: Leeds in the UK, and Pont-à-Marcq in France. Eddie Williams, Agfa's head of sales for commercial print said "The big three – us, Kodak and Fujifilm – can't continue as we are. There's overcapacity, pressure on prices, and reduced volumes every year". Agfa's large-format and industrial inkjet printing systems are part of the separate Digital Print & Chemicals division.The move will spark speculation that the Agfa may try to sell or spin-off the Offset Solutions division. Agfa  has a partnership with state-owned Chinese plate manufacturer Lucky HuaGuang since  2018.
 
Comments:
NEW ON THE JOB BOARD | RSS
LATEST USED EQUIPMENT | RSS
Total Used Equipment Listings: 36
CLICK HERE to list your equipment
CLASSIFIED | RSS
Company for sale
Company wanted
CLICK HERE to list your business opportunity in the printing industry
Most Recent News Comment
Printer says:
So the wage subsidy will end up being a bonus for the CEO. Would be interesting to know how many peo...
North Island Publishing PrintCAN Print Jobs Canada’s Estimators' & Buyers' Guide MastheadOnline PaperFinder Print World 2010 Design City
Graphic Monthly Print Equipment gutenbergs' guide COPA industrial print