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Jiangsu Toyo Renxin Pigment Becomes Subsidiary of Toyo Ink Group

Toyo Ink Group will increase ownership in their JV Jiangsu Toyo Renxin Pigment to 51%.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Toyo Ink SC Holdings Co., Ltd., the parent company of the Toyo Ink Group of companies, announced today that it has raised its stake in the joint venture company, Jiangsu Toyo Renxin Pigment Co., Ltd., by 1% to 51%, making the JV a consolidated subsidiary of the Toyo Ink Group.   The Toyo Ink SC Holdings (the Toyo Ink Group) and Yabang Investment Holding Group Co., Ltd. (the Yabang Group) initially established a 50-50 joint venture partnership Jiangsu Toyo Yabang Pigment Co., Ltd. in April 2012...

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