Industry News

DIC Announces Domestic Printing Inks Business Integration with Inctec Inc.

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

DIC has signed an agreement with Dai Nippon Printing Co., Ltd. (DNP) and DNP subsidiary The Inctec Inc. to integrate the domestic printing inks businesses of DIC and the printing inks businesses of The Inctec in a joint venture to be established by DIC and DNP on Oct. 1, 2009. The new company will be a consolidated subsidiary of DIC.      DIC will have 66.6 percent of the JV, while DNP will control 33.4 percent. Annual total sales are estimated at 110 billion yen ($1.14 billion).      Demand...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters