Industry News
a manufacturing partnership The Fedrigoni Group and Mohawk Fine Papers have entered into a manufacturing agreement to expand the reach of their specialty papers globally. Shared core values of craftsmanship, innovation, and sustainability make this a natural and valuable opportunity for both organisations. The strategic agreement will enable Fedrigoni to expand its presence in the US market and consolidate its position as a world leader in specialty papers for luxury packaging, and Mohawk to accelerate its commitment and focus on developing increasingly high-performance, innovative and sustainable solutions.
“The agreement with Mohawk is a further element in our growth strategy in a market with excellent prospects such as specialty papers, especially for luxury packaging, where we intend to consolidate our global primacy. Many synergistic opportunities are also present for our self-adhesive materials division, which will expand its leading position in premium labels for the wine market in the US,” commented Marco Nespolo, chief executive of Fedrigoni Group. “This is an important step forward to reinforce our geographical penetration in the United States, where we will directly produce and distribute high value-added papers, leveraging all possible industrial and commercial synergies with our Group. We will also better support the ESG strategies of our clients, especially those in the luxury sector by giving them the option of moving to near shoring rather than global purchasing.” Mohawk also recently closed a new financing agreement with CIT Northbridge Credit, which supports and strengthens Mohawk’s plans for continued growth. Within the frame of their manufacturing partnership, Fedrigoni participated in the new financing through a convertible instrument. The alignment between Mohawk and Fedrigoni carries the potential to formalise a strategic transaction over the next several years.
Xwww.fedrigoni.com/en/ Fenton Packaging Solutions helps Silberline reduce its carbon footprint
Fenton Packaging Solutions began its cooperation with US-based aluminium effect pigments manufacturer Silberline’s European division three years ago. The challenge was to make the packaging of pigments more sustainable and seek a carbon footprint reduction. “We had been freighting empty, nestable, stackable, 6-gallon steel pails for our European pigments operations from a manufacturing facility in the US to our plant in Leven, Scotland,”
says Silberline operations director Alan Snaddon. “Working closely with the Fenton team – and a German manufacturer – we have developed and are now using steel pails which have delivered a CO₂e/TEU saving of over 73%. Due to the nature of Silberline’s aluminium effects pigments, the new pails needed to undergo extensive and rigorous validation and testing throughout the logistics chain. This process took around six months and the new packaging proved to be a
CON-JUL20-ACCUDYNE:CON-JUL20-ACCUDYNE 07/08/2020 15:05 Page 1 ACCU DYNE TEST ™Marker Pens
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Xwww.fentonpackaging.co.uk Fedrigoni and Mohawk forge
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