Italiya Graphics installs First HP PageWide C500 Corrugated Press in Asia Pacific to expand digital packaging solutions and sustainable offering to Brands

2022-03-11 09:22:51 By : Ms. Sophia .

SINGAPORE , Dec. 16, 2021 /PRNewswire/ -- Italiya Graphics (Italiya), a leading converter with bold ambitions to disrupt the printing space in Australia , recently announced its acquisition of the HP PageWide C500 Corrugated Press to expand its packaging offering of corrugated products and digital printing services.

The industrial-scale press will be the first C500 installed in Australia and will enable Italiya to provide Brands in Australia and across the region offset print quality, reduced waste and obsolescence and turn work around quickly and reliably. The C500 offers an improved operational efficiency and a resilient supply chain, overcoming pandemic uncertainties and delays. With its true water-based ink technology, the C500 also ensures that Italiya's packaging solutions are fully sustainable, recyclable and compostable.

"At Italiya, we genuinely care about our planet and our future. Sustainable packaging is not just about using recycled materials, we look at each process and material to determine if there are more eco-friendly ways to improve," said Vimal Italiya, Managing Director, Italiya Graphics. "As we remain committed to providing cutting-edge innovations for our customers and for the better of this world, partnering with HP was an obvious choice for us. Beyond sustainability, the HP PageWide C500 Corrugated Press will expand our offerings and services and enable us in delivering customizable, offset-quality products with breakthrough time to market."

The C500 will help Italiya to meet consumer-safety requirements of food-compliant, no plastic lamination packaging and sensitive products packaging, using true water-based inks 100% free of UV-reactive chemistries.[1] The HP inks meet stringent industry requirements such as USDA FDA 21 CFR, Nestlé guidance, Swiss Ordinance, and EuPIA.

"We are proud to partner with Italiya Graphics, a company that shares our bold vision to innovate and provide the best solutions for the world," said Nick Price , Asia Pacific Business Manager, HP PageWide Industrial Corrugated. "We understand the growing focus for Brands to offer both high-quality and sustainable solutions, especially in the digitally printed packaging industry. Our PageWide Corrugated Presses are designed to promote and contribute to a circular economy, to grow our customers' printing portfolio with true water-based inks and proven technology that open the doors to new possibilities."

The C500, based on HP Thermal Inkjet technology, provides offset print quality for a wide range of corrugated packaging and display applications on both coated and uncoated sheets, delivering sharp text and barcodes, smooth tone transitions and vivid colors for low to high migration volume of litho and flexo jobs. Designed for producing high quality print in demanding production environments, the press prints at 75 linear mt/min (246 linear ft/min) in top print quality with 1200 npi resolution using one million nozzles.

Italiya's green roadmap includes installation of 900+ KW solar panels and 500 KW batteries, significantly reducing their carbon footprint. Combined with its plastic-free alternatives and water-based adhesives, Italiya is on poise to becoming a leader in 'digital sustainable print', raising the bar of the print industry in Australia .

HP Inc. is a technology company that believes one thoughtful idea has the power to change the world. Its product and service portfolio of personal systems, printers, and 3D printing solutions helps bring these ideas to life. Visit http://www.hp.com.

[1] Primary and secondary, non-contact corrugated packaging, requiring no additional barriers; For more details on the appropriateness of these inks on specific packaging applications contact HP for documentation.

Yahoo Finance reporter Pras Subramanian details Rivian's miss on both the top and bottom line for Q4 earnings.

If you own shares in Nio (NYSE: NIO), you might want to make volatility your friend. Nio stock sank by double-digit percentages this morning, a day after it jumped double-digits. With today's sharp drop, Nio has now crashed a staggering 34% in just the past month, as of this writing.

Alibaba (BABA) American depository shares closed at 52-week lows following JD.com's (JD) quarterly print, and amid renewed worries over Chinese ADRs delistings off US exchanges.

The World Bank has warned Russia is “mighty close” to default on sovereign debt. It would mark the first country to suffer a major default in a century. Here are the implications for Russia and the world.

Russia is facing effective bankruptcy as soon as Wednesday after the World Bank warned that crippling sanctions have left the Kremlin “mighty close” to a default on its foreign debts.

Bank of America Head of the Research Investment Committee Jared Woodard sits down with Yahoo Finance Live to talk about Amazon's announced 20-for-1 stock split and buyback program, and how tech companies implement these splits to their stock.

These companies are expected to produce rapid growth for sales and earnings, and have high dividend yields well-covered by cash flow.

The SEC named Chinese companies that could face delisting under the Holding Foreign Companies Accountable Act.

Sometimes we can see more about the future of a young company based on what insiders do instead of what they say. That is why we will go through the ownership structure of SoFi Technologies ( NASDAQ:SOFI ), and see which insiders are serious about the long-term future of the company.

This steel company has transformed itself over the past few years in ways that have been great for investors. But can the good times last?

Investors know that the key to profits is in the return – and that means, a willingness to shoulder risk. Risk is relative, of course, and tends to run hand-in-hand with the return potential. Find a stock with a giant return potential, and chances are, you’ve also found one with a higher risk profile. The highest returns usually come along with the lowest share prices. After all, when a stock is priced for just pennies, even a small gain in share price translates into a huge return. Which means

A corporate exodus from Russia in response to its military invasion of Ukraine has seen more than 300 U.S. and multinational companies sever business ties with the country – and the list seems to be growing by the minute. But even as many flee, a number of big-name firms have remained mum.

It was the second quarter in a row that forecasts by the digital-signature company have fallen short of Street estimates and spurred a selloff in the stock.

Rivian Automotive Inc. stock fell more than 12% late Thursday after the electric-vehicle maker posted a larger-than-expected quarterly loss and said that supply-chain snags and other problems persist.

After Oracle Corp. Chief Financial Officer Safra Catz offered an in-line forecast and Larry Ellison knowingly laughed when asked about storing TikTok's data in the U.S. on Thursday afternoon, the software company's shares rebounded from a steep after-hours post-earnings decline.

As of 11 a.m. ET, shares of both e-commerce platform provider Shopify (NYSE: SHOP) and the South American online retail giant MercadoLibre (NASDAQ: MELI) were down by about 6.8%. Meanwhile, Singapore-based Sea Limited (NYSE: SE), which operates the Shopee marketplace in Southeast Asia, was suffering an 8.5% meltdown. Late on Wednesday, for the first time this millennium, Amazon announced a stock split.

Even after a sustained period of share losses, Amazon (AMZN) stock is still pricey, with one share going for $2,936.35. That, however, is about to come an end. On Wednesday, the tech giant announced it would enact a 20-for-1 stock split, which will go into effect on June 6, should the move be given the go ahead by shareholders in May. If that wasn’t enough to satisfy investors, the company also said it rebought $800 million of shares under its old repurchase authorization and has given the green

While online gambling has attracted a lot of interest and generated additional revenue for DraftKings , the stock remains a trade and not a long-term hold, says Real Money contributor Stephen "Sarge" Guilfoyle. DraftKings stock is down more than 35% so far this year. "Would I buy this dip?" Guilfoyle asked.

U.S.-listed Chinese stocks fell across the board as the Securities and Exchange Commission released its first list of Chinese companies that failed to adhere to the newly passed Holding Foreign Companies Accountable Act.

Yahoo Finance's Pras Submaranian joins the Live show to preview fourth quarter earnings for Rivian.