News Ticker – July 15, 2010

E Ink releases next-generation e-paper display
E Ink Pearl e-paper displayPearl, the latest electronic-paper display technology from E Ink Corp., is said to have the whitest reflective display in the industry. With a contrast ratio approximately 50% greater than today’s products, text on Pearl “pops” from the page, enabling a reading experience most similar to reading text on printed paper, the company says. The development opens more opportunities for eBooks, eNewspapers, eMagazines and eTextbooks in a product that is more lightweight, with less eye strain and longer battery life than an LCD, E Ink says. Use of electrophoretic displays for eBook readers is growing rapidly. DisplaySearch forecasts that the 2010 market value will be $837 million, and will grow by 44% in 2011, reaching $1.2 billion. More info

IoPP to produce PACK EXPO Intl. conference program
PACK EXPO LogoThe Institute of Packaging Professionals (IoPP) will present The Packaging Learning Center conference program at PACK EXPO Intl. 2010 (Oct. 31–Nov. 3; McCormick Place, Chicago, IL). Sessions will cover a range of topics “top of mind” with packaging professionals, including sustainability and food safety. Open to all PACK EXPO attendees, program sessions will be led by a mix of end users, industry consultants and suppliers. For a preliminary listing of session titles and speakers, CLICK HERE.

Agfa Graphics acquires Pitman Company USA
With this significant acquisition, the Belgium-based prepress and printing giant enters the packaging and pressroom-printing markets with a comprehensive product portfolio from a wide range of world-class manufacturers. Agfa Graphics will boost its US revenue to more than $500 million and gain new opportunities to grow its industrial inkjet business with complementary product lines. Based in Totowa, NJ, Pitman has 502 employees and 16 locations across the US. For converters, the purchase will add flexographic-printing plate solutions for the packaging industry to Agfa Graphics’ products and services. More info

Fraser Papers reports Q1 2010 net loss of US$13.1 million
The Toronto, Canada-based paper and board substrate provider had a net loss for Q1 2010 of $13.1 million, compared to a loss of $16.7 million in Q1 2009. On June 18, 2009, citing continued operating losses, weak markets for its products, impending debt repayments and significant pension funding obligations, the company filed for creditor protection under CCAA in Canada and Chapter 15 of the US Bankruptcy Code. Its creditor protection has recently been extended to Oct. 29. More info

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