Adhesive Applications
Fedrigoni strengthens presence in the USA with acquisition of Acucote
F
edrigoni SpA, global group leader in the production of high value- added special papers for packaging, publishing and graphics, as well as premium labels and self-adhesive materials, has completed the acquisition of Acucote Inc., a company headquartered in Graham, North Carolina, which develops, manufactures and distributes self-adhesive materials, with a leading position in the US market, a turnover of over $70million and 142 employees.
Acucote was founded 34 years ago by John Leath, who owns it together with his family. With one plant and 4 distribution centres, the company is an excellent opportunity for Fedrigoni, which intends to extend its presence in the United States, an extremely interesting market in which the Group is already well known and appreciated for its label materials for fine wines. With this third acquisition in 18 months, after the Italian Ritrama and the Mexican IP
Venus in the self-adhesives sector, Fedrigoni further strengthens its position as the third global player for self-adhesive materials, where it operates through numerous brands such as Arconvert, Manter and Ritrama. The Group is a global leader in wine labelling and plays a leading role in high- tech self-adhesive labels and films for food, household, logistics, pharma, beverage and personal care. Acucote also holds an excellent position in the pharma, architectural graphics, retail and logistics segments, making strategic production, distribution and procurement synergies possible. “The acquisition of Acucote represents a further step in the growth strategy in the increasingly promising self-adhesive materials sector, where we are determined to expand our position as market leader,” states Fedrigoni Group CEO, Marco Nespolo. He continues: “It is in line with our wish to diversify our geographical penetration, strengthening our position across the Americas and in
particular in the United States.” Fedrigoni Self-Adhesives division executive vice president adds: “The new entry to the Group will allow us to increase production capacity directly on site and to distribute throughout the United States, also thanks to the integration with our subsidiary company, GPA, to create excellent procurement alliances and to count on cutting-edge technologies, including in terms of environmental sustainability.” Acucote founder John Leath also expressed great satisfaction with the acquisition. He says: “I am leaving my company and my people in good hands, which was my main goal.
“Fedrigoni is an international group and a solid, rapidly expanding industrial reality, in which I am sure Acucote will be able to grow and consolidate significantly in the coming years.”
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fedrigoni.com
Henkel Adhesive Technologies drives progress towards sustainability goals
W
ithin its Adhesives Technologies business unit, global operations and supply chain organisation, Henkel has put strategy into action by investing in different projects around the world that maintain steady progress in each area. Henkel has defined the target to become climate positive by 2040. The business unit, Adhesive Technologies operates the vast majority of the companies´ manufacturing sites globally. The company aims to reduce its CO2 footprint in production by 75% until 2030 and, by then, be using 100% of its electricity from renewable sources. An important building block is global projects to increase the use of solar energy, enabling on-site photovoltaic generation that directly feeds energy into the production sites. Henkel Adhesive Technologies has implemented a solar energy programme. In China, the project comprises the installation of solar panels at four manufacturing sites
these projects, the Adhesive Technologies business unit is further contributing to the increasing global use of renewable electricity at Henkel (56% the end of 2020).
located across the country in 2020. Combined, the capacity installed amounts to 1.64 megawatts (MW) and will allow the sites to produce more than 1,700 megawatt-hours (MWh) per year. When building new sites, the business unit already integrates efficiency and renewable energy as early as in the design phase. In South Korea, for example, Adhesive Technologies built a high-tech facility for electronics that has already started trial production and will be opened in early 2022. The new production facility is equipped with solar panels that incorporate Henkel´s Electrically Conductive Adhesives (ECAs). With
The site in Drogenbos, Belgium, recently become the first Henkel plant to be awarded the International Sustainability & Carbon Certification (ISCC Plus). In order to claim ISCC compliance for a product, every participant in the supply chain, from point of origin to trader and storage facility, needs to be certified. Henkel’s production site in Jundiaí, Brazil, has implemented a rainwater reuse treatment plant. The project is expected to reduce the potable water demand by more than one million litres monthly through storing, treating and distributing rainwater. In Sweden, Adhesives Technologies has partnered with a service provider and aims to reuse and avoid up to 230 tons per wood waste annually.
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henkel.com
32
July/August 2021
convertermag.com
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