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    Top Companies Report

    2 Flint Group

    ...

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    07.31.18
    26b, Boulevard Royal
    L-2449 Luxembourg
    Luxembourg
    Phone: +44 (0)161 776 6810
    Fax: +44 (0)161 775 5415
    www.flintgrp.com

    Sales: 2017 revenues of Flint Group were €2.3 billion ($2.5 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. Also manufactures dry, flushed and press cake pigments, chips and resins for ink and other applications, aqueous dispersions, hyperdispersants and additives for the colorant market; pressroom chemicals; printing blankets; and flexographic plates, sleeves and printing equipment. With the acquisition of Xeikon, Flint Group shows its commitment to expanding digital platforms. Flint Group Digital Solutions offers a unique mix of equipment, consumables and services.

    Key Personnel: Pierre-Marie De Leener, chairman; Antoine Fady, CEO Flint Group Packaging; Steve Dryden, CEO Flint Group CPS; James McCarthy, CFO; William B. Miller, president CPS; Doug Aldred, president Packaging Inks; Guillaume Clement, president Narrow Web; Russell Taylor, SVP, global human resources, communications and sustainability; Aryan Moelker, president ITS; Benoit Chatelard, president Flint Group Digital Solutions; Adhemur Pilar, president Flint Group Latin America; Jeremy Berenzweig, general counsel and SVP – legal.

    Number of Employees: Approximately 7,900 worldwide.

    Comments: Flint Group had a solid year in 2017, with sales growing to $2.5 billion. In particular, the company fared well in packaging and digital printing.

    Flint Group was active in the M&A and capital improvement front, with a focus on packaging ink in Europe and the Middle East.
    In January 2018, Flint Group added Eston Chimica SRL, a water-based liquid ink specialist headquartered in Padova, Italy. The new subsidiary, Eston Chimica, a Flint Group Company, sells primarily to paper and board converters in Italy and Southern Europe.

    “Flint Group is very happy to join together with Eston Chimica,” Kim Melander, VP and GM, EMEA and global strategy, Paper & Board, said after the acquisition. “Eston Chimica’s state-of-the-art facility in Italy is fully automated, providing Flint Group important geographic expansion plus full manufacturing capabilities in Southern Europe - an excellent complement to our established manufacturing facility in Europe.”

    In November 2017, Flint Group opened a new 3,800-square-meter manufacturing and distribution facility near Istanbul, Turkey. While the center was initially targeted for water-based inks, Flint Group expanded its range to narrow web, sheetfed and digital packaging products.

    “This additional investment not only solidifies Flint Group’s dedication to the Turkish market but also confirms our promise to grow together with its customers in this key emerging market,” Melander reported. “With this expansion in Istanbul, we now have the ability to satisfy the requirements of multiple aspects of our customers’ businesses under one roof, providing a unique ability to focus on key markets, but also share our knowledge across the full range of the package printing business.”

    On the digital side, Xeikon entered into an exclusive partnership for EFI Jetrion, in which Xeikon will service and supply Jetrion’s customers, and also introduced its new Panther UV inkjet label presses, adding to its extensive toner-based offerings.

    “This rapid product development underscores our commitment to offering a broad portfolio of complementary solutions, for both our Cheetah Series of dry toner and Panther Series of UV inkjet digital label presses,” said Filip Weymans, Xeikon’s VP global marketing. 
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