Web offset

Walstead has released its first results detailing how things are shaping up at the now cross-continental group.

YM Group has made a further major expansion of its web offset capacity with the purchase of the 64pp short-grain press from the former Polestar Sheffield site.

An upbeat KBA has increased its sales and profits targets for the full year and is predicting that its previously loss-making Digital & Web division will be in the black by the year-end.

Administrators have brought in £7.45m from selling off Polestar’s businesses and assets so far, but unsecured trade creditors are likely to receive virtually nothing.

Polestar’s collapse shocked the industry, but its demise could be good news for the remaining web offset printers.

A former Polestar executive has stepped in at CirclePrinters as part of a new ownership structure at the continental print group.

Publisher Time Inc (UK) has helped to bankroll Walstead’s acquisition of Polestar Bicester’s assets, PrintWeek can reveal.

Flint Group has launched two new offset inks, four LED and low-energy curing inks and two food-grade UV curing inks for food packaging printing on board and synthetics.

Publishing giant Time Inc has agreed a new sole supplier deal for its UK magazines with Wyndeham Group.

Wyndeham Group owner Walstead has rescued Polestar’s Bicester operation with a deal to buy the equipment at the site and re-employ more than 300 staff.

CTP manufacturer Cron (5-B24) has unveiled six new products at Drupa, which it said will take it into broader fields of offset press optimisation, plate production and flexo packaging.

Goss International has announced a strategic partnership with Netherlands-based web offset and service specialists DG Press Services.