Visa Selects Five Athletes for Tokyo Paralympics

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Visa Selects Five Athletes for Tokyo Paralympics

Staff Writer - August 29, 2019

The Official Payment Services Partner of the Paralympic Games and a Tokyo 2020 Paralympic Gold Partner, Visa, has signed five Paralympic athletes to its...

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The National Oil Corporation of Kenya Ltd (NOC) has entered into a strategic partnership with RUBiS Energy Kenya, marking a significant milestone in the enhancement of Kenya's oil and gas sector. This collaboration follows the successful completion of the Specially Permitted Procurement Procedure (SPPP) for a non-equity strategic partner, in compliance with the Public Procurement and Asset Disposal Act, 2015 (PPADA). During the signing of the agreement, Hon. Opiyo Wandayi, Cabinet Secretary for Energy and Petroleum, expressed enthusiasm about the partnership, stating, "This collaboration marks a transformative step in strengthening the National Oil Corporation of Kenya, enhancing its capacity and creating long-term value for the citizens of this great republic. With this renewed profitability, the Corporation will be well-positioned to generate returns and, in the future, begin paying dividends to its shareholder." Leparan Ole Morintat, CEO & Managing Director of NOC, highlighted the industry's challenges, noting, " “This sector is highly complex and capital-intensive, requiring substantial investment and operational flexibility to stay competitive. Given the significant demand for government resources, securing shareholder capital injection was not feasible. As a result, NOC sought a non-equity strategic partner to provide the financial support and technical expertise needed to revitalize the company and restore profitability. This process, initiated in 2019, has now culminated in the selection of RUBiS Energy Kenya as our non-equity strategic partner.” The partnership is a key component of NOC’s broader turnaround strategy, which aims to scale up its downstream operations and strengthen its position in the petroleum products trading and marketing space. NOC’s turnaround plan is designed to ensure security of petroleum supply, stabilize fuel prices, and reduce the cost of living and doing business in Kenya. The partnership will also aid in clearing legacy debts and improving financial sustainability. As a non-equity strategic partner, RUBiS Energy Kenya will provide financial support, working capital financing, market development initiatives, and capital expenditure (CAPEX) financing for rebranding, rehabilitation, and expansion of NOC’s retail network. The partnership also encompasses training, capacity building, skills transfer for NOC staff, the deployment of a new Enterprise Resource Planning (ERP) system to improve business processes and customer experience, and collaboration in the fuel card business to enhance customer engagement and service delivery. Olivier Sabrié, CEO of RUBiS Energie East Africa and Managing Director of RUBiS Energy Kenya, emphasized the importance of strategic partnerships, stating, “In today’s dynamic market environment, collaborations are key to driving growth and success. By leveraging diverse expertise, resources, and networks, we can create a competitive edge and generate value for all stakeholders involved. RUBiS Energy Kenya is committed to supporting the Corporation through working capital financing, management and branding support, and transferring critical capabilities and skills to the National Oil team.”

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In line with its intention to become a leading force in digital labels and packaging production, Canon (www.Canon-CNA.com) is today using its participation in the FEFCO (European Federation of Corrugated Board Manufacturers) Technical Seminar 2025 (Rome, 8th – 10th October) to announce the Canon corrPRESS iB17, a next-generation inkjet press engineered for industrial-scale corrugated packaging production. Capable of digitally printing up to 8,000 m2 per hour (15 million m2 per year), the corrPRESS iB17 delivers offset-like quality directly onto corrugated boards up to 1.7 m wide with water-based inks and primer for indirect food contact. The highly automated corrPRESS iB17 enables cost-efficient short- to medium-length runs with ultra-fast turnaround times and requires fewer operators and lower skill levels. Designed for seamless integration into existing production environments, the corrPRESS iB17 offers outstanding productivity and digital flexibility, and extends the economic benefits of digital printing far beyond traditional short-run applications. Building on Canon's proven expertise and experience in commercial digital printing and following the development roadmap presented as a concept at drupa 2024, the Canon corrPRESS iB17 will address the evolving needs of corrugated converters that face increasing pressure to deliver shorter runs with more variants, faster turnaround times and premium quality, and all without compromising cost efficiency. Offering industrial-scale throughput at up to 8,000 m2 per hour, the corrPRESS iB17 allows converters to achieve cost-efficient production for runs up to 20,000 m2, extending digital printing viability well beyond traditional short-runs. Supported by automated printhead cleaning and quality control systems, the press minimises operator intervention while maximising production efficiency. The system’s design also reduces waste through efficient print on demand and eliminates the use of printing plates and chemicals. Unlike conventional technologies, the corrPRESS iB17 does not produce contaminated water, which then has to be filtered or released into the wastewater system. Featuring Canon's proprietary, high-performance, 1200 dpi piezo printheads and specially formulated, water-based pigment inks and primer, which provide an extended colour gamut with CMYK and later OVG, the corrPRESS iB17 achieves pre-print offset-like quality in the post-print process. This improves production efficiency by eliminating the traditional lamination step while reproducing vibrant, accurate and consistent colours, sharp text and precise detail on both coated and uncoated topliners at rated speeds. The system also uses an advanced spot primer that ensures optimal ink adhesion and colour reproduction across the full range of corrugated materials. The ink is jetted onto the board immediately after the primer application without any drying in between, minimising the impact of drying on the board and contributing to a highly reliable production process. The sophisticated Canon drying technology in the corrPRESS iB17 has been optimised to minimise corrugated board stress and energy consumption and to increase production efficiency. Covering approximately 80% of retail packaging applications, the system supports coated and uncoated boards up to 1.7 m wide and 1.3 m long, and ranging from 1 mm to 8 mm thick, at a linear speed of 80 m per minute. Unusually for a digital corrugated press, Canon owns all the key components in the printing process – printheads, inks and drying – enabling Canon to optimise the system’s performance more easily. This high level of integration and synchronisation will result in exceptional levels of productivity and reliability. By combining proven proprietary inkjet technology with an industrial board transport system, Canon has developed an innovative press that delivers offset-quality prints with outstanding productivity and digital flexibility, all developed for indirect food contact applications Jennifer Kolloczek, Senior Director, Marketing & Innovation, Production Printing, Canon EMEA, commented: “Corrugated converters face rising demands for shorter runs, more variants and faster turnaround without compromising quality or cost. We’re thrilled to now announce the Canon corrPRESS iB17 — a digital corrugated press that empowers converters to respond to the changing demands with agility and unlock growth. For Canon, the corrPRESS iB17 marks a major milestone in our journey to becoming a key player in the packaging industry and we’re especially excited that EMEA customers will be the first to benefit from this innovation. Although we’re new to corrugated, we bring many years of collaborative innovation from industrial-scale commercial print and will combine our digital expertise with converters’ value-chain knowledge to drive progress in packaging together.”

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Tag: Paralympics

Visa Selects Five Athletes for Tokyo Paralympics

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