Net sales in the third quarter were $2,460 million, including $281 million of unfavorable currency translation, compared to $2,594 million in the third quarter of 2014. Segment income was $328 million in the third quarters of both 2015 and 2014, and included $41 million of unfavorable currency translation in 2015 compared to 2014. Net income attributable to Crown Holdings for the first nine months of 2015 was $327 million versus $374 million in the first nine months of 2014. Income per diluted share for the first nine months of 2015 was $2.35 compared to $2.70 last year. Net income per diluted share before certain items was $2.89 compared to $2.94 in 2014.
At the drupa 2016 tradeshow, global industrial LED inkjet technology leader Electronics For Imaging (Nasdaq:EFII) today announced its biggest inkjet product development to date: the new EFI™ Nozomi single-pass LED technology, which can reach speeds up to 75 linear meters (246 linear feet) per minute. In addition to its speeds, the new technology announced today gives users the benefit of a low acquisition price with significant total cost of ownership advantages.
This breakthrough innovation appears in one of the first digital inkjet presses designed from the ground up to establish new standards of productivity and innovation in corrugated packaging. The 1.8m-wide EFI Nozomi C18000 inkjet press will help corrugated manufacturers and brands access a wide color gamut and broader design options in corrugated board work with fast turnaround times, all while maintaining low production costs.
The sheetfed, digital packaging press has run speeds up to 8,100 m2 / hour and can print on boards up to 1.8mx3m in size. Users will gain superior versatility thanks to a double-lane printing feature that enables full utilization of the press’s speed and width and increases throughput up to 9,000 80cmx60cm boards per hour. The press’s LED imaging capabilities provide brilliant, accurate color imaging on just about any board substrate, including traditional Kemi, model, bleach and kraft materials.
The press is designed to offer exceptional value, reframing the industry discussion of digital corrugated packaging by enabling cost-effective, high-quality, direct-to-board digital printing, and by eliminating expenses and a great number of steps associated with plating, printing and lamination in traditional analog production. EFI customers can fuel their success with a leading-edge product that captures more value, accelerating the analog to digital transformation with one of the most effective strategies for printing premium-quality, color corrugated board with reduced overhead and costs.
“EFI’s next generation of innovation brings to market the strongest combination of versatility, imaging quality and production speeds at a total cost of ownership that is far below similar single-pass platforms,” said Guy Gecht, EFI’s CEO. “When commercially available next year, the Nozomi C18000 press will finally give the corrugated packaging market a unique solution to establish a profitable business around on-demand, customized digital printing.”
While other inkjet technologies are often developed to address signage or document printing and then adapted to corrugated packaging uses, this new EFI LED inkjet press has been designed from the ground up specifically for a $130 billion corrugated packaging industry that has more than 200 billion square meters of printed output per year — a figure that is more than 25-times greater than the estimated amount of annual signage and graphics output produced.
The new inkjet technology’s media handling, inks and software platforms were designed by the top engineering, software and ink teams from across EFI. The cross-functional teams focused on understanding the unique needs of the corrugated industry, leveraging the latest technology to design a revolutionary solution.
more at: http://ir.efi.com/releasedetail.cfm?ReleaseID=973299