15 Jul 2020

Japan's DIC is First to Use Yuan for Trade: Report

Dic Group

According to published reports citing the Nikkei business daily, DIC Corporation, parent company of Sun Chemical and the world’s largest printing ink manufacturer, become Japan’s first company to use the Chinese yuan for trade settlement.

According to a March 24, 2010 MarketWatch report citing the Nikkei business daily, DIC switched from using U.S. dollars to yuan to transfer payments from its units in Shanghai and Shenzhen to the Japanese parent company. A DIC official added that the switch was done on a trial basis.

China has been strengthening attempts to turn the yuan into an international trading currency, and has loosened controls to allow transfers.

Sign & Digital 2010 Announce Free Seminar Programme

 

Signuk Seminar

Sign & Digital UK 2010 see's the introduction of 3 NEW features; the Sign Makers Workshop the Software Theatre and the New Product & Demo 'Launch Pad'.

 

Adobe Theatre

Adobe will once again be hosting their own software theatre that was expanded with great success to make it even more accessible in 2009. Hosted by Terry Steeley from Iridius, demonstrations, tips and creative solutions for using Adobe Creative Suite 4 will be available including Adobe Bridge, Photoshop, InDesign, Illustrator and Acrobat Pro. In addition, representatives will be on hand from Apple, giving a session on getting the most out of Mac OS X v10.6 ‘Snow Leopard’.

View all Adobe Theatre seminars

 

Corel Theatre

Running alongside the Adobe Theatre once again are the FREE Corel semina sessions, full of the latest features and advice. Make sure you take in these presentations.

View all Corel Theatre Seminars

 

Signmakers Workshop

Presenting this new feature is expert Paul Hughes from Western Signs & Printing and the popular Price It Guide who has owned and run a successful sign making business for 13 years! Running the demo theatre where he will be hosting a live demo area on the basics of sign making, a must see for anyone one in the sign making industry or anyone who wants to be! One of the sessions entitled ‘the sign clinic’ is a questions and answers forum with live / hands on demos.

View all Signmakers Workshop seminars

 

Software Demo Theatre

Bringing you the very latest software packages for the Sign & Digtial market. Presented by industry experts to give you the benefit of FREE advice. Each FREE session consists of 45 minutes, repeated each day of the show.

View all Software Demo seminars

 

Alternatively, you can view all seminars by date:

 

Race Ahead with Grafityp UK at Sign & Digital 2010

Signuk F1

Grafityp UK Ltd will be exhibiting on Stand No’s.  F10 & F21 at this year’s Sign & Digital UK Exhibition.  A broad outline of just some of the products you can see on display include - Grafitack & Graficast self-adhesive sign making films, GrafiPrint digital media and GrafiFlex CAD cut and CAD print textile materials.

A first showing of the all new, just launched, Roland VersaCAMM VS-640 print and cut machine with white and metallic ink configurations can be seen on the Grafityp stand – the widest VersaCAMM to date.  A large selection of digital printers and print and cut machines can also be seen including, to name a few, the VersaCAMM SPi/VPi 300 and 540 print & cut machines from Roland, the Zephyr UV printer and the ValueJet Hybrid 1608 which utilises newly developed vegetable origin inks for roll to roll, roll to sheet and rigid board printing, both from Mutoh.  There will also be a StellarJet K72UV printer from GCC on site.

Also from GCC, there will be a selection from the large range of LaserPro laser engraving/cutting machines performing their capabilities throughout the exhibition.

Vehicle wrapping demonstrations will take place for the duration of the show and visitors will be given the opportunity to take part in a “have a go” competition to win a fabulous full day Formula 1 driving experience including hotel stay and meals, memorabilia and an F1 Certificate! Be sure to stop by and try your hand with GrafiWrap vehicle wrap film.

The full range of Grafityp products can be found in the very latest edition of Express Sign Products magazine/price list, which can be collected on the stand.

Register now to get FREE entry to Sign & Digital UK 2010, and then come along to Stand No’s.  F10 & F21 and try your hand with GrafiWrap vehicle wrap film to be in with a chance of winning this amazing prize.

Sign Makers Workshop at Sign & Digital UK

Price It

Sign & Digital UK is renowned for being at the fore front of innovation and ideas. This year is no different! We are unveiling the all NEW Sign Makers Demo Theatre. This dedicated area onsite is where visitors can come and see an expert demonstrating some of the most commonly asked for jobs in the world of sign making. This forum not only allows you to watch and learn but also ask questions 1 on 1 and get hands on with the tools and equipment involved!

Presenting this new feature is expert Paul Hughes from Western Signs & Printing and the popular Price It Guide who has owned and run a successful sign making business for 13 years!

Paul says ‘I’m delighted to be return to Sign & Digital UK to publish our latest guide as it is where we published our first guide three years ago’. Paul will be busy at the show as not only is he promoting his guide but is also running the demo theatre where he will be hosting a live demo area on the basics of sign making, a must see for anyone one in the sign making industry or anyone who wants to be! One of the sessions entitled ‘the sign clinic’ is a questions and answers forum with live / hands on demos.

‘Panel Swap’ competition as part of the NEW Sign Makers Workshop'...

The Rules for the Panel Swap are, your panel must be brought to the show, be no bigger than 2ft x 2ft, have reference to Sign & Digital 2010 on it – other than that it is an open brief with a ‘sign industry’ theme – as an example you could have something like: ‘a business with no sign is a sign of no business’.

Register now online at www.signanddigitaluk.com for FREE entry and come along with your panel to be in with a chance to WIN a Graphtec CE5000-60 and software worth £1395

Find out more about the Panel Swap, ask our expert Paul - This email address is being protected from spambots. You need JavaScript enabled to view it.

Find out more about the competition prize and Graphtec at www.graphtecgb.com or call 01978 666700.

Register now online at www.signanddigitaluk.com for FREE entry and come along with your panel to be in with a chance to WIN a Graphtec CE5000-60 and software worth £1395

Timetable for the workshop

  • 10.30 - Back to Basics - what we make signs from.
  • 11.00 - Sign Clinic
  • 11.30 - Basic Vinyl Application.
  • 12.00 - Sign Clinic
  • 12.30 - Basic Layout
  • 13.30 - Back to Basics
  • 14.00 - Sign Clinic
  • 14.30 - Basic Vinyl Application.
  • 15.00 - Sign Clinic
  • 15.30 - Basic Layout
  • 16.00 - Sign Clinic

Click here to see all the details on these and all the other seminars at Sign & Digital 2010.

Now with an added feature where you can add the presentations to your outlook at the click of a button and set reminders so you dont miss out!

FUJIFILM Dimatix Spectra printheads dominate Dongguan China Sign Expo 2010

Dimatix Polaris

Citing a surge in market demand for its Spectra brand printheads that began in 2008 and more recent design mandates for its new, high-performance Polaris Q-Class units, FUJIFILM Dimatix is calling the China Sign Expo 2010 a resounding success and a sign of greater things to come.

More than 40,000 sign industry professionals from all over the world attended the China Sign Expo held in the International Exhibition Center here from March 2nd through 6th, 2010. Nine of the leading Chinese printer manufacturers and dealers showed 34 wide-format printers based on FUJIFILM Dimatix Spectra brand printheads in the 30,000 sq-m show floor. Of those, 22 were powered by new Polaris PQ-512 series Q-Class printheads.

"For FUJIFILM Dimatix, for the OEM manufacturers who design and build the printers and for the dealers who sell them, China Sign Expo 2010 was an outstanding show!" said Howard Baldwin, Vice President of Sales.

"In the 3.2-meter category our high-performance, ultra-slim Polaris PQ-512/15 and new PQ-512/35 printheads dominated by every meaningful measure the wide-format product offerings on the show floor, while the new Polaris PQ-512/85 printhead helped to break the performance barrier on a 5-meter grand-format printer using only two printheads per color to produce 200 sq-m/hour in two-pass mode" Baldwin exclaimed.

The shared physical features and identical interfaces common to all Polaris models allow the printhead to be easily used across many different printer models and applications. Everything from a 15 picoliter close-up viewed point-of-purchase or 85 picoliter long-distance viewed graphics to a 200 picoliter coating on differing media with different ink types are covered by an extensive range of drop sizes and compatible ink types.

Commenting on the versatile Spectra Polaris series, Jiang Hong, CEO of Runtianzhi Flora remarked, "I have been waiting for this type of printhead for many years. The new Spectra Polaris family of heads from Dimatix is taking inkjet to a new level in performance with the highest speed and quality in the market today. The additional water capability, along with traditional solvents and UV-curing inks, can serve a wide variety of applications."

Other leading manufacturers and dealers also featured FUJIFILM Dimatix printhead designs.

  • Wit-Color Digital Science & Technology Co. presented seven Polaris-based printers, including two it debuted as part of its new 3.2-m 4-head Smart Polaris series, which is capable of imaging media at resolutions up to 720 x 600 dpi and at rates up to 85 sq-m/hr.
  • Zhejiang Gongzheng Technology Development Co., Ltd. showed six Spectra-based 3.2-m devices, including five utilizing from two to six Polaris PQ-512 series heads that were capable of imaging up to 600 x 800 dpi at rates from 23- to 46 sq-m/hr.
  • Teckwin International debut its new TS3000 flatbed featuring 12 Polaris PQ-512/15 printheads, and also showed its UV3200 design with eight Polaris PQ-512/15 heads.
  • Anhui Liyu Computer Equipment Manufacturing Co., Ltd. displayed its PS3208 wide-format featuring eight Polaris PQ-512/15 heads.
  • Honghua Digital Technology Stock Co. Ltd featured six Spectra-based printers, including three machines powered by the Polaris PQ-512/15 and the new PQ-512/35 and PQ-512/85 printheads.
  • Major printer dealers Yong Xiang and Beijin Technology Development Co. showed Agfa GandiJet and DGI Polarjet, and Honghua Nano printers powered by FUJIFILM Dimatix Spectra brand S-Class and Nova, and Skywalker printheads, respectively.

Spectra Polaris PQ-512 printheads utilize the binary operating capability of Dimatix' VersaDropTM jetting technology and Q-Class hybrid construction to deliver ink drop sizes from 15 to 200 picoliters from 512 individually addressable nozzles at frequencies up to 45 kHz fired at 8 meters/second velocity with exceptional straightness.

Polaris series printheads are compatible with a broad range of inks, including UV-curable inks and aggressive organic solvents, making them suitable for a variety of commercial and industrial printing applications such as wide-format, label and package printing, at resolutions to 1000 dpi. An integral mounting bezel designed with precision registration points enables drop-in alignment - a unique feature that allows each 256-channel jet module to be exchanged and accurately registered in the field without the need for special tools or recalibration.

X-Rite shows profits in Q4, first since 2007

X Rite Logo

X-Rite, Incorporated today announced its financial results for the quarter ended January 2, 2010.

The Company reported fourth quarter 2009 net sales of $50.1 million compared to $45.7 million in the third quarter of 2009 and $60.8 million in the fourth quarter of 2008. These results were in the range of Company expectations given the general market conditions and reflect an improving situation with sequential quarter growth of 9.9 percent and a narrowing decrease on a year over year basis in the quarter of 17.6 percent. Net sales for the full year were reported at $191.7 million, 26.7% lower than $261.5 million for 2008.

"It has been gratifying to see how the Company has managed so well through the unusually difficult challenges of 2009" said Thomas J. Vacchiano Jr. , X?Rite's Chief Executive Officer. "Not only have our profit improvement plans been highly effective in the year, but in the fourth quarter of 2009 and now the first quarter of 2010 we are beginning to see the returns on our sales, marketing and new product initiatives in places like Greater China and more broadly across our industrial sector."

X-Rite reported that its' new myPANTONETM app is being featured in a series of iPhone advertisements by Apple in major news publications such as USA TodayTM and The Wall Street JournalTM. Released in September of 2009 in Apple's iTunes store, this product combines Pantone's "cool factor" with X?Rite's leading color management technology.

Supported by the Company's profit improvement actions and narrowing sales difference from the prior year, the Company reported net income of $0.1 million and operating income of $1.5 million in the fourth quarter of 2009. A net loss of $64.7 million was reported in the same period in 2008, which included a $58.1 write down of goodwill and indefinite?lived intangible assets related to the Pantone acquisition in 2007.

Adjusted EBITDA for the fourth quarter was $12.7 million or 25.3 percent of sales as compared to $16.0 million or 26.3 percent of sales in the same period in 2008. Full year 2009 adjusted EBITDA was reported at $44.6 million or 23.3 percent of sales, compared to $60.7 million or 23.2 percent of sales for the full year 2008.

The Company also reported continued progress in working capital management contributing to positive operating cash flows in the fourth quarter and the year. Combined with the reported adjusted EBITDA result the Company was able to reduce its first and second lien debt obligations by $3.9 million in the fourth quarter and $45.7 million for the year. This yielded a secured net debt position for the Company at the end of 2009 of $154.5 million, netting cash of $29.1 million.

Rajesh K. Shah, X?Rite's Chief Financial Officer, commented, "I have now been with the Company for approximately six months and I continue to be impressed by the capabilities and potential of X?Rite. We have made excellent progress in reducing our cost structure and strengthening our balance sheet. As market conditions improve X?Rite's profit leverage and cash generation prospects should be attractive to investors."

Vacchiano closed by saying, "a combination of variables, including improved market conditions, customer interest in new products , and increasingly effective new sales and marketing initiatives are yielding year over year sales growth for the Company in the first quarter of 2010. At this point we expect to report first quarter sales growth in the mid to high single digits."