Latest Developments in Global Security Paper Market

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Latest Developments in Global Security Paper Market

  • Materials & Packaging
  • May 2021
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

  • In April 2024, Drewsen Spezialpapiere GmbH & Co. KG announced a significant investment of USD 2.05 Million in a new film press for its Paper Machine 1 (PM1). This strategic upgrade aims to replace existing equipment and facilitate the production of more sophisticated paper grades, strengthening Drewsen's market share and global position as a leading manufacturer of security papers
  • In March 2024, Korea Minting, Security Printing & ID Card Operating Corp. (KOMSCO) announced a collaboration with the Costa Rican government. This partnership aims to share KOMSCO's expertise and provide assistance for the implementation of digital identification initiatives in Costa Rica, including the concept of Korea's digital government and K-DID, a blockchain-based mobile ID system. While focusing on digital, this move also highlights the broader evolution of secure identification solutions which can influence demand for physical security papers
  • In January 2024, the International Hologram Manufacturers Association (IHMA) launched the Security Image Register (SIR). This secure registry of holographic images is designed to safeguard hologram copyright and reinforce the use of holograms in authentication and security printing. The SIR provides a global database to protect security images by recording and identifying all copyrights associated with every design of a security image, enhancing the overall integrity of security paper features
  • In November 2022, Louisenthal, a prominent banknote paper manufacturing company, unveiled a new house note called "The Dancer." This new note showcases fascinating, forgery-proof features. It incorporates the JUMP technology, which can be utilized on both paper and polymer substrates, and includes two advanced security features: the RollingStar LEAD foil and the company's proprietary SPARK technology, demonstrating continuous innovation in banknote security
  • In April 2022, the state-owned Korea Minting, Security Printing, and ID Card Operating Corporation (KOMSCO) signed a memorandum of understanding with Kyrgyzstan's Ministry of Digital Development. The agreement focused on digitizing government-issued documents, such as identification cards and tax payment certificates, and expanding KOMSCO's export areas from security papers and inks to comprehensive digital security solutions. This highlights a broader trend of integrating traditional security paper with digital solutions