Displaying items by tag: Mondi Group

Landa S7 Nanographic Printing™ Press will demonstrate use of Landa NanoInkTM on Mondi’s 100% recycled NAUTILUS® SuperWhite paper

When Landa Corporation unveils its new line up of Nanographic PrintingTM presses at drupa 2012, the B2 sheetfed Landa S7 Nanographic Printing Press will be performing live demonstrations using the 90 g/m² NAUTILUS® SuperWhite paper. This will mark the first public use of Landa digital technology with off-the-shelf paper.

“We are very pleased to be cooperating with Landa Corporation with the launch of the Nanographic Printing presses,” said Johannes Klumpp, marketing and sales director for Mondi Uncoated Fine Paper. “Benny Landa, the Founder, Chairman and CEO of Landa, is recognised for developing revolutionary printing technologies that shape the industry. At drupa, Mondi and Landa are demonstrating the ability of our off-the-shelf paper to be successfully used by professional printers and converters who will use Landa NanoInkTM as part of the Nanographic Printing process.”

A high-white 100% recycled paper that shows excellent contrast for text and graphic printouts, NAUTILUS® SuperWhite has long since been a part of Mondi’s Green Range of sustainably produced papers. As of 2012, all Mondi branded papers meet Green Range criteria and are FSC® (Forest Stewardship Council®) or PEFC™ certified, 100% recycled or bleached Totally Chlorine Free (TCF).

“We are happy that Mondi has agreed to take part in our launch of the Landa Nanographic Printing Presses. This is a ground-breaking development for both commercial printing and paper technology,” said Benny Landa.

In addition to NAUTILUS® SuperWhite, Mondi’s professional portfolio carries a number of brands suitable for Landa’s Nanographic Printing Presses. DNS® premium, MAESTRO® PRINT, BIO TOP 3® next and NAUTILUS® are available in all formats for Landa Nanography™ and are offered in grammages from 60 to 400g/m².

Visitors to drupa can see the print results of NAUTILUS® SuperWhite 90 g/m2 on Landa’s S7 B2 sheet-fed machine at the Landa stand in Hall 9, Booth A73-3, May 3-16.

The recent launch of Mondi’s new professional printing campaign brings printing technology to the fore at drupa 2012. Highlights at the Mondi booth include new professional digital printing papers and live printing demonstrations on an Océ ColorStream 3500 high-speed inkjet system. Mondi will also present at Media Mundo, 4 May.

Mondi will present its complete professional printing portfolio and new high-speed inkjet papers at drupa 2012, booth B03/B05 in Hall 07.1. On 294 m² of exhibition space, the global paper and packaging producer will showcase uncoated fine papers optimised for the latest professional printing technology. Visitors can experience Mondi’s drupa themes firsthand at the stand’s “relaxink” rest area and in the “raceink” space, where – for the first time ever - daily live demonstrations will take place on an Océ ColorStream 3500 high-speed inkjet printing press.

The recent launch of Mondi’s new professional printing campaign underscores the company’s focus on paper optimisation for various printing technologies. Mondi brands and sub-brands in the professional print portfolio are tailored to high-speed inkjet, HP Indigo, digital dry toner, offset and hybrid printing (an area which allows for the combination of both offset and digital printing technology).

“Drupa visitors will also see how our paper classifications for haptics, optics and environmental accreditations ─ smooth, high-white, white, off-white, recycled, tinted and coated papers ─ make it easier to determine the best paper for a particular application. We have also made new developments with our Green Range as of 2012. Now all Mondi branded papers meet our Green Range environmental criteria and are FSC^® or PEFC™ certified, 100% recycled, or bleached totally chlorine free (TCF),” explains Johannes Klumpp, Marketing and Sales Director for Mondi Uncoated Fine Paper.

Mondi is also a participant at the “Media Mundo @ drupa 2012” event taking place 4-5 May. Media Mundo is an initiative by Fachverband Medienproduktioner e.V. (f:mp.) that addresses the theme of climate protection and sustainability as part of media production. John Lindhal, Mondi Group Technical Director, will present Mondi’s approach to sustainable paper production, 4 May at 11:00 am.  

The company’s steady product growth last year brought the launch of 3-star HP certified Color Copy indigo and DNS^® indigo as well as DNS^® high-speed inkjet and DNS^® performance. High-speed inkjet printers visiting the Mondi booth can also see a 100% recycled and an off-white TCF paper optimised for high-speed inkjet machines. These latest innovations are part of the company’s ongoing developments to meet the demands of the growing digital printing market.

All of Mondi’s professional printing brands (Color Copy, DNS^®, BIO TOP 3^®, NAUTILUS^® and MAESTRO^® PRINT) will be shown at this year’s drupa trade fair in Düsseldorf. Mondi will be exhibiting at Hall 07.1, booth B03/B05 at drupa from 3-16 May.

Mondi, a leading global paper producer, has launched a new professional printing campaign for its professional printing portfolio. The campaign’s emphasis on digital printing technologies underscores Mondi’s approach to its portfolio development for the professional printing industry: to bring to market sustainably produced papers optimised for popular professional digital printing machines.

“Our professional paper portfolio reflects the latest trends in printing technology and the machines most widely used by professional printers. In 2011, we launched a number of papers that focus on several key areas, namely high-speed inkjet, HP Indigo, digital colour laser and hybrid printing, which combines offset and digital printing. Moreover, all of our papers meet our Green Range environmental criteria and are FSC® or PEFC™ certified or produced with pulp that is 100% recycled or bleached totally chlorine free (TCF),” explains Johannes Klumpp, Marketing and Sales Director for Mondi Uncoated Fine Paper.

While Mondi’s professional printing portfolio offers several brands and sub-brands with various haptics, optics and environmental accreditations ─ smooth, high-white, white, off-white, recycled and coated papers ─ the new professional printing campaign, accompanying ads and new website (www.mondigroup.com/printing) focus on a central theme: the printer and his machine. By the end of March, in addition to English and German the website will be launched in French, Spanish, Italian, Dutch, Polish, Czech, Slovak, Romanian, Bulgarian, and Hungarian.

Globally, throughout 2012, Mondi will release five different ads that feature the full spectrum of the paper portfolio options as tailored to the printer’s technological focus: digital, hybrid, HP Indigo, and high-speed inkjet. The advent of new digital technologies has resulted in wider options for professional printers in terms of flexibility in applications. From personalised short runs and digital and offset hybrid jobs to mass mailings and transactional printing with high-speed inkjet machines, the options exist but successful results also depend on optimised paper technology. To ensure this, Mondi also works closely with Original Equipment Manufacturers (OEMs) in the development of its professional printing papers.

All of Mondi’s professional printing papers will be shown at this year’s drupa trade fair in Düsseldorf, Germany with an additional emphasis on the high-speed inkjet market. Mondi will be exhibiting at Hall 07.1, Booth B03/B05 at drupa from May 3-16.

As part of the dual listed company structure, Mondi Limited and Mondi plc (together “Mondi Group”) notify both the JSE Limited (“JSE”) and the London Stock Exchange of matters required to be disclosed under the JSE Listings Requirements and/or the Disclosure Rules and Transparency Rules and/or the Listing Rules of the United Kingdom Listing Authority.

Mondi Group has made an all cash public tender offer of PLN69.00 (EUR16.48) per share (“Offer”) for 17 million shares representing 34% of the share capital of Mondi Świecie S.A. (“Mondi Świecie”) that it does not already own. Mondi Świecie is listed on the Warsaw Stock Exchange. The Offer represents a premium of 15.6% over the last three months average price of PLN59.71 (EUR14.26) and a premium of 4.1% over the last six months average price of PLN66.26 (EUR15.82).

Mondi Świecie is a leading integrated manufacturer of virgin and recycled containerboard in Central Eastern Europe (CEE). In 2011 it produced 1,333 thousand tonnes of containerboard at its operations in Swiecie, Poland. Mondi Świecie presently employs approximately 1,020 people under its Managing Director Maciej Kunda. This acquisition would bring into full ownership an asset of the Mondi Group, further streamlining its corporate structure.

Mondi Świecie today announced its results for the year ended 31 December 2011. The company generated EBITDA of PLN610m (EUR148m), operating profit of PLN457m (EUR111m) and net earnings of PLN396m (EUR96m). As of 31 December 2011 it had net cash of PLN70m (EUR16m), gross assets of PLN2,729m (EUR612m) and shareholders’ equity of PLN1,830m (EUR410m). A translation of the company’s announced Consolidated Financial Statements and Report on Business Activities for the year ended 31 December 2011 is set out below. Under the Offer, the implied equity value of the whole of Mondi Świecie is PLN3.5bn (EUR824m) and represents an EV/EBITDA multiple of approximately 5.5x and a P/E multiple of approximately 8.7x for 2011.

The Offer is expected to be concluded in mid April 2012. Full acceptance of the Offer would result in an aggregate cash consideration payable by the Mondi Group on closing of PLN1.2bn (EUR280m). The Offer is conditional on Mondi Group achieving minimum acceptances of 14% of Mondi Świecie shares (to bring the Mondi Group’s total interest in the company to not less than 80%). After completion of the Offer, Mondi intends to delist Mondi Świecie from the Warsaw Stock Exchange. The Offer will be funded by Mondi Group’s existing cash resources and from existing committed bank facilities available to it.

In accordance with the provisions of the JSE Listings Requirements, the unaudited pro forma financial effects set out below are included for the purpose of illustrating the effects of a full acceptance of the Offer on Mondi Group’s underlying earnings, basic earnings from continuing operations, basic earnings from continuing and discontinued operations, headline earnings, net asset value and tangible net asset value per ordinary share, for the half year ended 30 June 2011 as if such transaction had occurred on 1 January 2011 for income statement purposes and 30 June 2011 for statement of financial position purposes. These unaudited pro forma financial effects are the responsibility of the directors and have been prepared in accordance with the guidelines issued by the South African Institute of Chartered Accountants.

These unaudited pro forma financial effects are presented for illustrative purposes only and because of their nature, may not give a fair reflection of Mondi Group’s financial position nor the effect on future earnings following the acquisition:

Notes:

1. Underlying earnings per share excludes the impact of special items.
2. The presentation of headline earnings per share is mandated under JSE listings requirements. Headline earnings has been calculated in accordance with Circular 3/2009, "Headline Earnings", as issued by the South African Institute of Chartered Accountants.
3. The Group financial information has been extracted, without adjustment, from the Group's reviewed results for the six months ended 30 June 2011.
4. The adjustments to earnings, on the basis that the acquisition had occurred on 1 January 2011 for income statement purposes and 30 June 2011 for statement of financial position purposes, include the following main items:

• The exclusion of the non-controlling interest charge in respect of Mondi Swiecie
• The estimated finance charges associated with the financing of the consideration
• Assumed taxation rate of 26.25%

Net asset value and tangible net asset value, on the basis that the acquisition had occurred on 1 January 2011 for income statement purposes and 30 June 2011 for statement of financial position purposes,are reduced by the estimated consideration of EUR280 million.