20. Letong Chemical Co., Ltd.
Jinding Guantang Letong Industrial Park
Zhuhai City, Guangdong Province, China
Tel: +86 756 3383338
Fax: +86 756 3383339
Sales: $91 million (RMB 576 million yuan)
Major Products: Gravure, flexo, heat transfer, water-based, anti-forgery, UV and plastic spraying inks.
Key Personnel: Zhang Binxian, chairman and general manager.
Comments: Headquartered in Zhuhai City, China, Letong Chemical has become a leading supplier in the field of printing and packaging, producing 23,700 tons of printing ink and earning sales of RMB 576 million yuan ($91 million) in 2011.
Letong’s products cover a wide range of printing inks, including those for cigarette packaging, UV curing offset inks and screen inks, laminating inks, surface printing inks, reverse printing inks for PVC labels, printing inks for aluminum foils, water-based printing inks, spray coating for plastics and special anti-forgery/security inks. Letong Chemical has won much support from prestigious customers like Coco-Cola and Pepsi.
In recent years, there have been dramatic changes in the printing and packaging industry in China, as competition and raw material costs both are dramatically increasing. Letong Chemical is facing the challenges of the continuously rising price of raw materials and the pressure of chaotic market competitions.
To adapt itself to the market, Letong optimized its product structure and adapted to the market in time, taking advantages of its strong technology and creative and innovative ability to enlarge its manufacturing scale, expanded its product scope and extended the chain in the printing ink industry. Now Letong has grown to be a recognized and professional supplier who can offer the best solutions to the problems in printing houses.
In March 2012, Letong Chemical opened its new state-of-the-art subsidiary, Zhuhai Letong New Materials & Technology Co., Ltd. Zhuhai Letong adds production capacity of more than 10,000 tons, and is focused on lamination inks and plastic reverse printing inks for PE, OPP, PET and PVC films.
Shanghai Letong Packaging Materials Co., Ltd. is Letong Chemical’s main sales subsidiary in Eastern China. It sells the full range of printing inks, UV curing inks and plastic spraying products.