|- Follows Previous Order of 5 Press Lines in 2013 -|
TOKYO, Oct 17, 2016 - (JCN Newswire) - Mitsubishi Heavy Industries Printing & Packaging Machinery, Ltd. (MHI-PPM), a Group company of Mitsubishi Heavy Industries, Ltd. (MHI) based in Hiroshima, has received an order for two press lines of the "DIAMONDSPIRIT-SA", a newspaper offset printing press, from The Malayala Manorama Company Limited, one of India's leading newspaper publishers. In 2013 Malayala Manorama ordered five of the same press lines, including the very first unit produced. Placement of the latest order coincided with the launch of the fifth line this August. Deliveries of the newly ordered units will be completed between late 2017 and early 2018.
The DIAMONDSPIRIT-SA is a strategic product developed specifically for emerging countries in Asia. It incorporates numerous proven technologies from the DIAMONDSPIRIT, a high-speed offset press that was introduced in 2003. The DIAMONDSPIRIT has been widely adopted, particularly in the Japanese market, and is known for its superlative print quality and significant savings in operating costs. The DIAMONDSPIRIT-SA is more compact in size, thereby enabling reductions in plant costs and power consumption, offering higher returns on investment to meet the rapidly changing media needs of emerging economies.
Malayala Manorama is a newspaper publisher based in Kerala state, in southern India, with a long history tracing back to 1888. The company currently prints 2.4 million newspapers per day in the local Malayalam language, making it the third-largest local language newspaper in India. Malayala Manorama operates eleven printing plants, four of which now use the DIAMONDSPIRIT-SA press lines ordered in 2013. The most recent order was made in recognition of those presses' high productivity, coupled with the positive assessment the company gave to MHI-PPM's customer response team, both during the systems' installation and test operations, and after operations were underway.
In emerging countries, media industries such as newspaper publishing have been undergoing brisk changes fueled by economic growth, particularly in Asia. To keep pace with such changes higher returns on capital investments are being sought. Going forward, MHI-PPM will actively promote the DIAMONDSPIRIT-SA as a newspaper offset press perfectly matching the needs of these newly emerging markets.
About Mitsubishi Heavy Industries, Ltd.
Mitsubishi Heavy Industries, Ltd. (MHI), headquartered in Tokyo, is one of the world's leading industrial firms with 80,000 group employees and annual consolidated revenues of around 38 billion U.S. dollars. For more than 130 years, the company has channeled big thinking into innovative and integrated solutions that move the world forward. MHI owns a unique business portfolio covering land, sea, sky and even space. MHI delivers innovative and integrated solutions across a wide range of industries from commercial aviation and transportation to power plants and gas turbines, and from machinery and infrastructure to integrated defense and space systems.
For more information, please visit the MHI Group website: http://www.mhi-global.com.
For Technology, Trends and Tangents, visit MHI's new online media SPECTRA: http://spectra.mhi.com.
Mitsubishi Heavy Industries, Ltd.
Joseph Hood, PR Manager
Oct 17, 2016 17:41 HKT/SGT
Source: Mitsubishi Heavy Industries, Ltd.
Topic: Press release summary
Sectors: Design Process
From the Asia Corporate News Network
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