Toyo Ink and Doneck Euroflex have entered a licensing agreement for Doneck to manufacture and sell Toyo Ink’s Aqua Liona and Aquaecolseries of water-based lamination inks to markets in Europe.
“We already have an established supply structure and a proven sales track record in Asia and North and South America,” said Katsumi Yamazaki, president of Toyo Ink.
“The new licensing agreement will allow us to strengthen our existing water-based liquid inks operations on a global basis by extending its supply structure to Europe, a region where its presence had been weak up until now.”
While tapping into Doneck’s extensive distribution network, Toyo Ink will provide customer support and achieve shipments of 1,000 tons per year during the company’s next mid-term management plan from 2018 to 2020.
The Aqua Liona series of water-based flexo lamination ink support high-end retort applications, exhibiting printability at high-speeds.
The Aquaecol series of water-based gravure lamination inks features a high pigmentation design that helps it achieve excellent printability and a high resolution.
It is suitable to applications from snack to retort food packaging.
The inks will be exhibited at interpack 2017 from May 4-10 in Düsseldorf, Germany.