14. Bauhinia Variegata Ink and Chemicals Limited
Yip’s Chemical Building
13 Yip Cheong Street, On Lok Tsuen
Fanling, New Territories, Hong Kong.
Tel: +852 2675 2300
Fax: +852 2675 7311
Sales:$164 million (RMB1.065 billion)
Major Products: Gravure, offset and screen printing ink.
Key Personnel: Yip Tsz Hin, chairman; Feng Shun Quan, general manager.
Number of Employees: 974.
Comments: Bauhinia Variegata Ink & Chemicals, a wholly-owned subsidiary company of Yip’s Chemical Holdings, was established in 1998 and has three production bases in Southern, Eastern and Northern China, respectively. In 2010, the company’s ink sales achieved 43,500 tons and its annual turnover reached more than RMB1.065 billion.
Having total production capacity of 70,000 tons, the company ranks first in the ink industry in China. Bauhinia Variegata Ink is currently enlarging its capacity, and it is estimated that the total capacity will exceed 86,000 tons by the end of 2011.
A specialist in the development of plastic printing inks, gravure inks and screen printing inks, Bauhinia Variegata Inks enjoys an excellent reputation and support from the international market. In 2005, it was named as “Guangdong Famous Trademark,” and was also granted “China Famous Trademark” by the Trademark Office of The State Administration For Industry and Commerce of the People’s Republic of China in 2010.
Keeping pace with the global environmental trends, the ink business employs aromatic-free workshops and fully piped transmission systems to ensure the production is in line with international standards. The plastic inks of Bauhinia Variegata passed the authentication of the American Soybean Association and has been recognized as “A-Class Supplier.”
To further broaden the inks business profile, development of offset printing inks commenced in 2006, and is expected to provide the Group’s inks business with further impetus for growth in the years ahead.