Oberthur Fiduciaire has entered into exclusive negotiations with Arjowiggins Security to acquire their VHP banknote paper production plant in the Netherlands. The VHP plant in Apeldoorn, Holland, manufactures banknote paper, such as that used for the euro currency, with an annual production capacity of around 6,500 tonnes. It employs around 130 staff. Arjowiggins Security’s parent company,…
The Bank of England has issued a statement confirming that it will continue to use polymer banknotes that contain tallow, a substance made from animal fat, until an alternative can be sourced. The polymer New Fiver banknote was issued by the Bank of England in September last year, but news that it contained trace elements of tallow – an animal…
An agreement has been made to allow Canadian CCL Industries Inc to acquire the Innovia Group for CAN $1.13 billion (c. £685 million). Innovia specialise in BOPP films and polymer banknote substrates used in many banknotes currently circulating throughout the world, including the newly issued five pound notes in the UK and Australia. The agreement came from…
De La Rue has agreed to acquire the Authentication business of DuPont Electronics & Communications for a cash consideration of US $25 million. DuPont produces photopolymer holographic films and 3D holograms and associated software, used in the brand protection and identity authentication industry. Its products are based on Lippmann holography technology. DuPont Authentication, with around 40 employees, is…
The new fiver polymer banknote that was launched last September in the UK has been spurned by vegetarians and vegans after it emerged that small amounts of tallow are used to make the polymer substrate. Tallow is a substance rendered from animal fat, normally beef or mutton, commonly used to make soap and candles. Whilst…
Banknote supplier Crane Currency has confirmed that it plans to build a new banknote printing facility and customer experience centre in Malta. According to Crane’s press release dated 22 September 2016, the new facility will represent an investment of US $100 million for the construction of the factory, the machinery and the equipment. The new…
Watch how the new fiver £5 note from the Bank of England is made. The film, from the Bank of England, shows the new £5 note being printed by De La Rue at the Bank of England print works in Loughton, Essex, UK. The new £5 banknote, called the New Fiver, was unveiled earlier this month…
FitBit Inc, the fitness tracking company which has exploded into the fitness technology market, has acquired wearable payments assets of electronics and financial technology company, Coin Inc. FitBit Inc. is a provider of stylish wearable physical activity trackers, namely FitBit trackers, allowing users to monitor their activity and sleep patterns with the aim of promoting a healthier lifestyle.…
Yesterday, Nanotech Security Corp. announced that it has completed rigorous supplier acceptance tests and has subsequently begun the production and delivery of their proprietary colour-shifting Optical Thin Film (OFT). The nanotechnology specialist is a producer of advanced security products and surveillance solutions, with features that produce intense, high definition optically variable images and colour-shift optical thin films.…
A new app will soon be available from the Swiss National Bank to help the public familiarise themselves with the new 50-franc banknote. The free mobile app, compatible with Apple iOS and Android smartphone operating systems, allows users to position their mobile device over the new banknote and, using the device’s camera, view details regarding the…