“We continuously review our portfolio and we are confident the segments we operate can be well served with our current dry toner technology and the newly launched Panther UV inkjet technology. With our dry toner technology, we will continue our focus on both the packaging and document businesses, as well as specialty segments where we bring significant value including security printing and wall décor,” stated Benoit Chatelard, President and CEO Digital Solutions, Flint Group.
Chatelard pointed out that Xeikon has positioned itself as a technology-agnostic provider, advising customers as to the most appropriate technology for their needs. “Changing market dynamics but mainly ongoing technical issues in developing the liquid toner technology, including press uptime issues, encouraged us to take this difficult decision, and to communicate it to the marketplace in the straightforward, no-nonsense approach we have always taken,” he added. “Our core vision remains supporting high volume, high quality, high value business for our customers in the graphic arts market and security printing.”