Toyo Ink India expands gravure ink capacity in Gujarat

New toluene-free ink plant expands annual gravure capacity by 5,000 tons

575
Toyo Ink India Gujarat new plant
The new Toyo Ink India plant will add 5,000 tons of toluene-free gravure inks annually to the company's capacity in India Photo Toyo Ink India

12 January 2022, Gujarat, India Toyo Ink India, a member of the Tokyo-based global specialty chemicals Toyo Ink Group, recently built a new gravure ink manufacturing plant in Gujarat in Western India. With an annual production capacity of more than 5,000 metric tons, the new plant is expected to strengthen the company in India’s rapidly growing flexible packaging market. The company’s press release also says that the new toluene-free ink plant will contribute to the company’s global supply infrastructure. The new plant is toluene-free and uses dedicated controls to ensure regulatory compliances and increased safety which should contribute to the use of safer inks especially on the higher speed gravure presses that are increasingly being used by flexible packaging printers and converters in India and the South Asia region.

KS Murthy, deputy managing director of Toyo Ink India, states, “Our initial gravure [ink] factory was built in 2012 in Greater Noida in Uttar Pradesh state. As our operations grew over the years, we knew it was time to further boost our capacity to help meet high levels of gravure demand and reduce supply lead times to our customers in India and around the globe. Now, with a combined capacity of 20,000 tons per annum, we will work to expand our share and product offerings in the strategic flexible packaging market where we are focusing our efforts to grow.”

In recent years, brands and converters are taking steps toward safer packaging materials as they are coming under increasing pressure from consumers and authorities concerning food safety and also worker safety. In response to the rising global demand for safer printing inks, in particular for food and beverage, pharma, personal care and other sensitive applications, Toyo Ink India has decided to adopt toluene-free operations. The company says this is in line with its strong commitment to product safety and environmental protection.

Murthy adds, “While Toyo Ink India has been delivering toluene-free products in India for quite a long time, the new factory reinforces our ability to provide a seamless supply of safe and compliant products of the highest quality to our customers while minimizing health risks to our employees and the environment at large. Among the advanced toluene-free systems that are slated for production at the new site are solvent- and water-based lamination inks, functional inks and varnishes, and other premium packaging solutions designed with the needs of brand owners and converters in mind.”

Toyo Ink generates nearly 600 MWH power by solar energy

Established in 2007 in Delhi, Toyo Ink India is a wholly owned subsidiary of the Toyo Ink Group of Japan, is a leading single-source provider of integrated packaging and printing solutions. It offers a portfolio of inks, coatings, color materials, and other printing solutions for a wide range of industrial markets. Core products include conventional offset inks, UV-curable inks including LED-UV systems, flexographic inks, gravure inks, solvent-free lamination adhesives, inkjet inks, polyurethane resins, color masterbatches, and pressure-sensitive adhesives. In its efforts to reduce its carbon footprint, Toyo Ink India Gujarat produces nearly all of the electricity needed to power its offices and plants through solar energy. The site generates more than 600 MWH of electricity annually.

Packaging South Asia — resilient, growing and impactful — daily, monthly — always responsive

The multi-channel B2B in print and digital 17-year-old platform matches the industry’s growth trajectory. The Indian, South Asian, Southeast Asian, and Middle East packaging industries are looking beyond the resilience of the past three years. They are resuming capacity expansion and diversification, with high technology and automation in new plants and projects.

As we present our 2024 publishing plan, India’s real GDP growth for the financial year ending 31 March 2024 will exceed 6%. The packaging industry growth will match the GDP growth in volume terms and surpass it by at least 3% in terms of nominal growth allowing for price inflation in energy, raw materials, consumables, and capital equipment.

The capacity for flexible film manufacturing in India increased by 45% over the past four years. With orders in place, we expect another 20% capacity addition in 2024 and 2025. Capacities in monocartons, corrugation, aseptic liquid packaging, and labels are grown similarly. As the consumption story returns over the next six months, we expect demand to return and exceed the growth trajectory of previous years. The numbers are positive for most of the economies in the region – and as shown by our analytics, our platform increasingly reaches and influences these.

For responsible and sustainable packaging, with its attendant regulations and compliances, there is significant headroom to grow in India and the region. Our coverage includes the entire packaging supply chain – from concept to shelf and to waste collection, sorting, and recycling.

We target brand owners, product managers, raw material suppliers, packaging designers and converters, and recyclers. This is a large and complex canvas – the only thing that can work is your agile thinking and innovation together with our continuous learning and persistence.

The coming year looks to be an up year in this region, and this is the right time to plan your participation and marketing communication – in our rich and highly targeted business platform with human resources on the ground. Share your thoughts and plans and to inspire and mobilize our editorial and advertising teams!

For editorial info@ippgroup.in — for advertisement ads1@ippgroup.in and for subscriptions subscription@ippgroup.in

– Naresh Khanna (25 October 2023)

Subscribe Now
unnamed 1

NEWSLETTER

Subscribe to our Newsletter

LEAVE A REPLY

Please enter your comment!
Please enter your name here