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4 PRINTPACK INDIA 2019 SHOW DAILY 2 February 2019 | Supported by Indian Printer & Publisher and Packaging South Asia Sascha Fischer interview Koenig & Bauer strengthens position in the global market Shardul Sharma D espite multiple economic head- winds facing the global econo- my, German printing solutions provider Koenig & Bauer was able to strengthen its position globally in 2018, company’s head - product management, Sascha Fischer told Packaging South Asia in Mumbai. “Worldwide, the year 2018 faced many challenges such as US-China trade war, economic slowdown in Chi- na and depreciation of emerging market currencies. So, there were some issues, but we strengthened our position in the global market,” Fischer said. “Koenig & Bauer has always been known to be strong in the packaging printing segment but in commercial printing also we have gained ground,” he added. Partnership with Indo-polygraph Machinery going strong In India, Indo-polygraph Machinery has been representing Koenig & Bauer for many years now and, according to Fischer, the partnership has been go- ing from strength to strength. Koenig & Bauer boasts of some of India’s top packaging printers in the folding carton segment, such as Parksons Packaging and TCPL, as its customers. In addition, the company has managed to sign many fast-growing mid-sized companies as well. “We have some outstanding cus- tomers in India like Parksons Packaging and TCPL but there are many smaller companies who are equally important to us. These firms are very innovative and demanding. They are also highly innovative and are increasingly going for special effects,” he said. Talking about some of the important trends that he sees in the Indian mar- ket, Fischer said that top tier printers are now completely focusing on buy- ing new presses instead of pre-owned ones as this gives them efficiency gains. “They are eager to adopt new technol- ogy such as double coating and cold foil,” he said. Exciting times ahead In recent months, Koenig & Bauer has been expanding its portfolio. In Decem- ber 2018, it agreed with Duran Machin- ery to take over 80% of its folder-gluer business and integrate it into the Group under the name Koenig & Bauer Duran. Sascha Fischer of Koenig & Bauer. Photo PSA We have some outstanding customers in India like Parksons Packaging and TCPL but there are many smaller companies who are equally important to us. In the same month, Koenig & Bauer and Durst Phototechnik agreed to a 50:50 joint venture in digital printing. According to Fischer, corruga- tion is another segment that holds a lot of promise for the company. As run lengths get shorter, more and more flexo printers are likely to opt for offset technology. “In the near-term, we are all looking forward to drupa which is going to take place next year. People can hope to see some exciting innovations from Koenig & Bauer at the show,” he concludes. produced by TimePay T imePay is a cloud-based ac- counts receivable automation platform helping businesses get paid faster. TimePay provides the technology to enable businesses to streamline the collections process, automate repetitive tasks and eventu- ally improve their cash flow, increas- ing their profitability. Why TimePay? Get paid faster - and in turn make your business healthier, need less financing and more profitable. And due to its automation, TimePay cus- tomers do all this with less effort. 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