Ciba Closing MetalFX Business Next Month

Decision comes on the heels of BASF's recent acquisition of Ciba Holding AG.

-- Graphic Arts Online, 11/6/2008 7:34:00 AM

Only six days after a grand North American showing as a Must See 'em "Worth-a-Look" technology at Graph Expo, Ciba announced yesterday that it is shutting down its MetalFX (MFX) Technology business on December 19.
"The main reason is the business does not fit with Ciba Coating Effects core business, not the potential for the product in the design, printing, packaging and publishing markets," writes Jim Walker, the unit's business manager in the U.K., in an open letter posted online and e-mailed yesterday. 
Winner of a 2008 PIA/GATF InterTech Technology Award, MetalFX had introduced a flexo version of its product earlier this year at drupa.

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