07.28.20
26b, Boulevard Royal
L-2449 Luxembourg
Luxembourg
Phone: +44 (0)161 776 6810
Fax: +44 (0)161 775 5415
www.flintgrp.com
Sales: 2019 global revenues of Flint Group were €2 billion (US $2.2 billion).
Major Products: A wide range of inks, coatings, blankets, pressroom chemistry, printing plates, consumables and more. Expertise in solvent-based, water-based, oil-based and energy curable technologies for various applications, including offset lithography, flexography, gravure, rotary screen, rotary offset, digital and letterpress. Products are designed to support nearly all print segments in the print media and packaging sectors. Flint Group also manufactures chips and resins for inks and other applications, aqueous dispersions, hyper dispersants and additives for the colorant market; pressroom chemicals; printing blankets; and flexographic plates, sleeves and printing equipment. With its Digital Solutions division (the Xeikon brand), Flint Group shows its commitment to expanding digital platforms offering a unique mix of equipment, consumables and services.
Key Personnel: Antoine Fady, CEO, Flint Group; Steve Dryden, COO Flint Group Packaging and CEO Flint Group Commercial, Publication & Sheetfed (CPS); Ron Muawad, Group CFO; Dagmar Schmidt, president Flint Group Flexographic; Adhemur Pilar, president Flint Group Latin America; Benoit Chatelard, president Digital Solutions; Doug Aldred, president Packaging Inks; Emmanuel Bareaud, president Narrow Web.
Number of Employees: Approximately 6,800 worldwide.
Comments: Flint Group is the second-largest ink manufacturer in the world, with consolidated sales of $2.2 billion (€2 million). Led by its Packaging Ink division, Flint Group had a solid year in 2019, although the challenges from COVID-19 remain.
“We continue to see strong performance in the packaging market in North America – our acquisitions are fully integrated into the Flint Group business and are creating value,” said Michael Mosely, VP and GM, Packaging Inks North America. “The business continues to experience headwinds with tariffs and raw material cost fluctuations and we continue to do our best to mitigate these challenges. However, the fundamental value proposition of packaging remains strong and continues to create opportunities for us.”
As a result of shortages in solvents caused by the COVID-19 pandemic, Flint Group Packaging Inks in Europe and India were forced to issue price increases.
“The worsening global situation caused by COVID-19 is having a significant impact on our business, yet our facilities continue to deliver consistent output despite major supply chain disruptions,” said Kim Melander, VP and GM Packaging Inks Europe. “However, this output comes at a significant cost which to date we have borne alone.”
“We understand that price increases have become an almost ‘routine’ matter,” said Upal Roy, managing director, Flint Group India. “However, we hope that our customers will understand and appreciate that we have no choice but to pass along the increase and that Flint Group cannot continue to absorb the entirety of these rising costs.”
In personnel news, Flint Group named Emmanuel Bareaud president Narrow Web, effective March 30, 2020. Bareaud previously worked at AkzoNobel (and formerly ICI), where he was director EMEA for packaging coatings.
L-2449 Luxembourg
Luxembourg
Phone: +44 (0)161 776 6810
Fax: +44 (0)161 775 5415
www.flintgrp.com
Sales: 2019 global revenues of Flint Group were €2 billion (US $2.2 billion).
Major Products: A wide range of inks, coatings, blankets, pressroom chemistry, printing plates, consumables and more. Expertise in solvent-based, water-based, oil-based and energy curable technologies for various applications, including offset lithography, flexography, gravure, rotary screen, rotary offset, digital and letterpress. Products are designed to support nearly all print segments in the print media and packaging sectors. Flint Group also manufactures chips and resins for inks and other applications, aqueous dispersions, hyper dispersants and additives for the colorant market; pressroom chemicals; printing blankets; and flexographic plates, sleeves and printing equipment. With its Digital Solutions division (the Xeikon brand), Flint Group shows its commitment to expanding digital platforms offering a unique mix of equipment, consumables and services.
Key Personnel: Antoine Fady, CEO, Flint Group; Steve Dryden, COO Flint Group Packaging and CEO Flint Group Commercial, Publication & Sheetfed (CPS); Ron Muawad, Group CFO; Dagmar Schmidt, president Flint Group Flexographic; Adhemur Pilar, president Flint Group Latin America; Benoit Chatelard, president Digital Solutions; Doug Aldred, president Packaging Inks; Emmanuel Bareaud, president Narrow Web.
Number of Employees: Approximately 6,800 worldwide.
Comments: Flint Group is the second-largest ink manufacturer in the world, with consolidated sales of $2.2 billion (€2 million). Led by its Packaging Ink division, Flint Group had a solid year in 2019, although the challenges from COVID-19 remain.
“We continue to see strong performance in the packaging market in North America – our acquisitions are fully integrated into the Flint Group business and are creating value,” said Michael Mosely, VP and GM, Packaging Inks North America. “The business continues to experience headwinds with tariffs and raw material cost fluctuations and we continue to do our best to mitigate these challenges. However, the fundamental value proposition of packaging remains strong and continues to create opportunities for us.”
As a result of shortages in solvents caused by the COVID-19 pandemic, Flint Group Packaging Inks in Europe and India were forced to issue price increases.
“The worsening global situation caused by COVID-19 is having a significant impact on our business, yet our facilities continue to deliver consistent output despite major supply chain disruptions,” said Kim Melander, VP and GM Packaging Inks Europe. “However, this output comes at a significant cost which to date we have borne alone.”
“We understand that price increases have become an almost ‘routine’ matter,” said Upal Roy, managing director, Flint Group India. “However, we hope that our customers will understand and appreciate that we have no choice but to pass along the increase and that Flint Group cannot continue to absorb the entirety of these rising costs.”
In personnel news, Flint Group named Emmanuel Bareaud president Narrow Web, effective March 30, 2020. Bareaud previously worked at AkzoNobel (and formerly ICI), where he was director EMEA for packaging coatings.