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Other companies provide some of these elements on their machines, but KBA-Giori dominates the banknote market; 95% of the world’s banknotes are printed on its machines. Page 40 © Copyright Pira International Ltd 2006 Developments in Banknotes Processing developments 4 The different elements of an automated examining system can be introduced gradually as SPWs and HSPs re-equip and replace, and production lines can operate one or more elements of the complete system. 4 estimates percentage usage of automated examining equipment in 2005 and gives forecasts for 2011.

It is also widely used in flexible packaging and in long-run magazine production. Flexography Flexography Flexo printing is similar to letterpress in that it uses a raised image and a recessed nonimage on a flexible photopolymer plate. 7). 7). 7 Source: Ltd Source: Pira ChrisInternational H. Williams Associates/Pira International Ltd Apart from label and ticket printing, the security printing applications of the process are limited. The major use of flexo is in packaging applications and newspaper printing.

The structure of the industry could significantly change if HSPs with large banknote papermaking segments were affected, especially De La Rue and Giesecke & Devrient. Portals comprises nearly half of De La Rue’s security print and paper business. State papermaking operations would be similarly affected.  Counterfeiting could be effectively reduced by having an international body to control the polymer material for banknote production, similar to the way the International Civil Aviation Organisation (ICAO) determines the internationally agreed technical specifications for all passports.

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