Commercial Printing Outlook: Adversity Also Creates Opportunity (piworld.com)

*$34 million of operating cash flow from continuing operations, down $242 million year-over-year, and $15 million of free cash flow, down $245 million year-over-year *$1.47 billion of revenue, a decrease of 35.3 percent year-over-year or 34.6 percent in constant currency *GAAP earnings per share (EPS) from continuing operations of $0.11 per share, down $0.49 year-over-year, and adjusted EPS of $0.15, down $0.64 year-over-year

DIC Corporation has closed on the acquisition of BASF’s global pigments business, known as BASF Colors & Effects (BCE). The acquisition brings together the complementary portfolio of technologies, products, manufacturing assets, supply chain and customer service of the two companies to serve customers globally. The purchase will broaden Sun Chemical’s portfolio as a global manufacturer of pigments, including those for electronic displays, cosmetics, coatings, inks, plastics and specialty applications, by creating a world-class pigments supplier that offers customers an even wider range of versatile solutions.

PRINTING United, scheduled to take place Oct. 6-8, 2021 at the Orange County Convention Center in Orlando, Fla., has been cancelled. The PRINTING United Alliance board of directors felt the ability to deliver a successful tradeshow event for all involved became significantly hampered recently with the growing uncertainty and spike in cases resulting from the COVID-19 Delta variant, and its depressing effect on registration and exhibitor participation. “We want to sincerely thank our vast industry partners -- including exhibitors, members and attendees -- for their collective support during this ever-changing landscape and time,” says Ford Bowers, CEO, PRINTING United Alliance. “We conferred with dozens of exhibitors from all segments and sizes, regularly monitored attendee sentiment, and the weight of opinion supported the difficult decision to cancel this year’s show.”