Industry News, Ink Manufacturers News

Toyo Ink Group to Establish Production Base in Myanmar

New subsidiary will produce liquid inks for packaging, adhesives for films, and offset inks for commercial printing.

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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 Japan, announced plans to make a full-fledged foray into the Myanmar market with the establishment of a production base in the Thilawa Special Economic Zone in Yangon. The company plans to set up in July 2018 a wholly-owned manufacturing subsidiary, Toyo Ink Myanmar Co., Ltd., with an initial paid-in capital of US$6.5 million. The new factory is scheduled to break ground in November 2018 with commercial operation expecte...

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