Company Research Report: CCL Secure

Company Overview

Company Details

Name: CCL Secure

Mission: Engineering the world’s most durable, secure, efficient, and sustainable banknotes.

Founded: 1988 by the Reserve Bank of Australia (RBA) and Innovia Films

Parent Company: CCL Industries (acquired Innovia Security in 2017)

Headquarters:

Australia: Craigieburn, Victoria

Mexico: Parque Industrial Querétaro, Querétaro

United Kingdom: Station Road, Wigton, Cumbria

Number of Employees: CCL Industries employs over 21,000 people across its various divisions.

Revenue: No information is available.

Known For: Creating the world’s first polymer banknotes, known for their durability, security, and sustainability.

Key People

Director of Business Development: Andrew Bonnell

Vice President and Managing Director: Neil Sanders

General Manager, UK: Patrick Swift

Products

Product Offerings

GUARDIAN™ Polymer Banknotes

Description: A sophisticated polymer substrate for banknotes that is durable, secure, and sustainable.

Key Features:

Stronger: Longer lifespan; circulates 3.8 to 6 times longer than paper.

Safer: Integrated advanced security features like CINEMA™, ECLIPSE™, VIVID™, G-SWITCH™, AURORA™, METALIX™, CAMEO™, VIGNETTE™.

Cleaner: Less porous surface reduces bacteria and viruses.

Greener: 100% recyclable; Life Cycle Assessment shows 48.8% reduction in greenhouse gases compared to paper notes.

CINEMA™

Description: Revolutionary security feature integrated directly with the GUARDIAN polymer substrate.

Key Features:

3D and movement effects.

Integrated at the manufacturing stage.

Highly resistant to counterfeiting.

SPARTAN™ Polymer Banknotes

Description: Durable, long-life, cost-effective polymer banknote designed for low denomination, high transactional velocity.

Key Features:

Superior durability.

Compatible with existing ATMs and cash handling systems.

Recyclable into polypropylene pellets.

Cost-effective with a longer lifespan reducing replacement frequency.

Recent Developments

New Products Launched

Banco de Moçambique New GUARDIAN™ Banknotes:

Denominations: 20, 50, 100 metical.

Features: High-relief portrait, patterns, flora and fauna, advanced security like Iriswitch™ ink, and tactile features.

Significance: Launched to celebrate the 50th anniversary of the central bank and 45th anniversary of Mozambique's currency.

Bank of England King Charles III Notes:

Denominations: £5, £10, £20, £50.

Features: King Charles III’s image, advanced security features.

Significance: Continuation of collaboration with the Bank of England, showcasing the durability and security of GUARDIAN substrates.

New Features Added to Existing Products

Cinema™ Feature on Commemorative 20 złoty: Integration into the GUARDIAN substrate enhancing the security and aesthetic appeal, used in collaboration with Polish Security Printing Works.

New Partnerships

Polish Security Printing Works: Collaboration on the commemorative 20 złoty banknote.

Energy Management Award: Collaborative sustainability efforts with Verco, achieving reductions in CO2 emissions, energy consumption, and water usage at the UK site.

Awards and Recognitions

Energy Management Award: Recognized for substantial sustainability achievements in CO2 emissions reduction and energy efficiency.

Sustainability Initiatives

GUARDIAN™ Global Recycling Program: Rapid adoption and reduction in environmental impact by enabling effective recycling programs.

CO2 Emissions Reduction at Wigton site: Achieved a 26% reduction per tonne of product since 2018.

Conclusion

CCL Secure has a longstanding history of innovation and sustainability in the polymer banknote industry, backed by its commitment to superior quality and advanced security features. Through its GUARDIAN™ and SPARTAN™ banknotes, the company continues to lead in providing durable, secure, and environmentally friendly currency solutions globally. The recent developments and strategic partnerships further solidify its leadership and commitment to a sustainable future.