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Bank of England switch to polymer banknotes to benefit Innovia Films

10:45 AM MDT | September 11, 2013 | Natasha Alperowicz

The Bank of England (BOE; London) has announced that it is considering plans to switch certain UK banknotes from paper to polymer, which would increase their working life and make them much harder to counterfeit. Polymer banknotes, first tested in Australia in 1988, are printed on special grades of biaxially oriented polypropylene (BOPP) and the main producer is Innovia Films (Wigton, UK).   BOE has been conducting a research project for the past three years to assess the substrates on which banknotes are printed. The final stage of the...

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