January 9, 2009 —
Flint Group, a world leading supplier to the printing and packaging industry, and Unirep, a major supplier to the Turkish paper and packaging industry, announce that they have established a joint venture in Turkey. The joint venture, “Flint-Unirep Packaging Inks”, based in Istanbul, has been formed to serve the local packaging market. Mr. Turgay Gümus has been appointed General Manager of the new Joint Venture.
Unirep has 26 years of experience as a supplier to the Turkish packaging industry. Unirep has established a position as one of the most “sought after” suppliers of consumables, production materials and investment equipment to the graphics industry.
The new Joint Venture has created a business structure that will facilitate a complete service to the growing Turkish packaging ink market from recently installed local blending facilities. In addition the dedicated local technical service and local warehousing teams will support the venture.
“Flint-Unirep Packaging Inks” are offering the complete range of proven Flint Group Packaging Inks supported by the Product Application Specialists drawn from our European Technical Centres of Excellence. “Flint-Unirep Packaging Inks” will initially focus on water-based inks, i.e. market segments such as the corrugated board, paper sacks and tissue markets.
The JV team, in cooperation with the Sales Management of Flint Group are already in contact with the major customers in Turkey to ensure a smooth and trouble free transfer of business to the JV. The JV is well positioned to capitalise on the fresh opportunities in Turkey to support the company’s ambitious sales targets.
“I am pleased to lead the new organisation in Turkey. The JV is fully operational and equipped to support existing customers, as well as the potential customers planning to establish converting companies in Turkey” confirms Turgay Gümus.
“The establishment of this Joint Venture operation is a unique opportunity for all parties to actively participate in the rapidly expanding Turkish packaging market. The regional expertise from Unirep aligned with the global industry and product knowledge of Flint Group, is an ideal combination to serve Turkish converters in the best possible way” comments Doug Aldred VP and General Manager, Flint Group Packaging Inks Division Europe.
For more information, contact:
Flint Group
Angelika Rauch
T +49 711 9816 230
angelika.rauch@flintgrp.com
Flint Group
Flint Group is dedicated to serving the global printing and packaging industry with five specialised business units: Flint Group’s ink companies develop and market a wide range of conventional and UV printing inks on a global basis, with regional operations providing local service throughout the world. Flint Group Flexographic Products specialises in photopolymer printing plates, flexographic sleeve systems as well as washout solvents and platemaking equipment. Flint Group Narrow Web is dedicated to the narrow web ink market, including labels, product decoration and package printing. Flint Group Pigments produces a range of pigment products and additives for use in inks and other colourant applications. Day International develops and distributes offset printing blankets and sleeves, pressroom chemicals and diecutting supplies. Headquartered in Luxembourg, Flint Group operates more than 170 facilities worldwide and employs some 8300 people. Revenues for 2007 are € 2.3 billion ($US 3.1 billion), positioning the company as the number one or number two supplier in every major region it serves. For more information, please visit www.flintgrp.com
Source:Flint Group Press Release
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