Toyo Ink SC Holdings has since January 1, 2015, it has merged two wholly-owned subsidiaries Toyo Ink Chemicals Taiwan and Toyo Ink Taiwan into an operating entity.
The reorganization also resulted in a name change of the newly formed company and a relocation of its head office.
The merger entailed the absorption of Toyo Ink Taiwan, which imported and sold Toyo Ink Group color and functional materials, polymers and coatings, into the structure of the successor company Toyo Ink Chemicals Taiwan, which manufactured and sold resist inks used for liquid-crystal display (LCD) color filters.
Thereafter, Toyo Ink Taiwan was dissolved, and the name of the successor entity was changed to Toyo Advanced Science Taiwan.
With this move, the Toyo Ink Group aims to strengthen and deepen its market presence in Taiwan by speeding up and reinforcing new product development and customer response time.
In addition, the Group is looking to further boost customer and consumer satisfaction while advancing its businesses in the country, China and Southeast Asia.
Toyo Advanced Science Taiwan engages in the manufacture and sale of color resist inks for LCDs as well as the import and sale of printing inks, printing-related materials, pigments, optical materials and adhesives.