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Agfa-Gevaert Important investment program will increase capacity and update technology to manufacture complete plate assortment.
Mortsel, Belgium - June 6, 2008 - 8.30 a.m. CET
Belgium-based multi-national Agfa Graphics has announced a 15 million Euro (36 million Brazilian Real) investment program for its Brazilian printing plate manufacturing site. Agfa Graphics expands the plant to produce the complete digital plate portfolio including :Azura, :Energy Elite and N92 Violet. The capacity will be increased to answer the fast growing market demand in Latin America. With this project in Suzano, Agfa Graphics confirms its global strategy to substantially grow its digital plate business. The Suzano project is part of a worldwide investment program that began in China, Europe, and recently also in US, with the aim of manufacturing closer to the customers. Located in the city of Suzano, in the Greater Sao Paulo metropolitan area, the Agfa Gevaert do Brasil plant produces offset printing plates and chemicals for printing companies in Brazil, and the other Latin American countries. It now will be able to produce all types of printing plates for its customer portfolio, including the newest digital products presented at the drupa 2008 trade fair in Düsseldorf, Germany.
"With this program we address the growing business potential of the printing market in Latin America," says Stefaan Vanhooren, President of Agfa Graphics, "and it is a crucial investment to further strengthen our market leadership position in this region".
About Agfa The Agfa-Gevaert Group is one of the world's leading companies in imaging and information technology. Agfa develops, manufactures and markets analogue and digital systems for the printing industry (Agfa Graphics), for the healthcare sector (Agfa Healthcare), and for specific industrial applications (Agfa Materials). Agfa is headquartered in Mortsel, Belgium. The company is present in 40 countries and has agents in another 100 countries around the globe. The Agfa-Gevaert Group achieved a turnover of 3,283 million euros in 2007.
About Agfa Graphics Agfa Graphics offers integrated pre-print solutions for the printing industry. These solutions include material consumption, hardware, software, and services for production workflow, design and color management. The Company's CtP, CtF and digital proofing systems have positioned it as worldwide leader in the commercial printing and packaging industries as well as newspaper publishing markets. Agfa Graphics is rapidly expanding its offer of products and solutions on the growing digital inkjet market. Its experience in both image technology and emulsions has provided the knowledge necessary to make high-quality systems for UV and solvent-based inks. Partnerships with industry leaders in development and manufacture have expanded the scope of its technology and permitted the company to develop comprehensive digital solutions for printing posters, banners, signs, displays, labels and packaging materials. Contact: Katia Waegemans Director Corporate Communication tel. ++32 (0)3/444.7124 e-mail: katia.waegemans@agfa.com
