Oriente 171 # 367
México City, Mexico
Phone: +52 55 5118 1000
Sales: $131.2 million (inks); $172.6 million overall.
Major Products: Offset, flexo, gravure and screen inks, overprint varnishes, offset plates, pressroom chemicals and offset presses.
Key Personnel: Ernesto J. Sanchez, managing director; Jose Sanchez, commercial director; Jesus McKelligan, operations director; Alvaro Toledo, administrative director; Salvador Duran, technical manager (paste inks); Agustin Lozano, technical manager (liquid inks).
Number of Employees: 1,150
Comments: Sanchez SA de CV is the largest ink manufacturer in Mexico and Central America, and the company continued to strengthen its leadership in the region.
“In Mexico, we experienced a very interesting year with months with a lot of activity, mainly before our presidential election in July 1, and a last quarterin which we noticed a deceleration in our economy,” said Ernesto J. Sanchez, Sanchez SA de CV’s managing director.
“We find ourselves in the 30 thousand tons per year mark, with good results in heatset and packaging inks,” Mr. Sanchez added. “In 2013 we are experiencing more activity mainly in the packaging area, and are confident that the trend will continue.”
To meet the demands of the growing printing industry in Latin America, Sanchez SA de CV its continuing its extensive modernization program.
“In September, we closed our offset ink manufacturing site in Toluca and transferred the production to our Mexico City facility, and we are about to move our liquid inks manufacturing activity to our new plant in Tepeji del Rio, north of Mexico City,” Mr. Sanchez said. “Once we finish all these changes, we will find ourselves with two manufacturing sites, one specializedin paste inks and the other one in liquid inks, giving us a good advantage over our competitors.”
In recent years, Sanchez SA de CV has opened subsidiaries throughout Central America, including in El Salvador (Sanchez Centroamerica), Guatamala (Tintas Sanchez Guatemala SA) and Costa Rica, which are keying the company’s growth throughout the region, and the company has just opened a new operation in Colombia.
“On March 20, 2012, our new company Grupo Sanchez Colombia opened its doors. This time we feel fortunate to have the Samudio Family as our partners,” Mr. Sanchez noted. “The Samudio Family owns Preflex, a Colombian resin and adhesive manufacturer, giving them years of experience in the South American market. With this new challenge we hope to increase our presence in Latin America.
“In the rest of the region we are seeing good results, with our Colombian subsidiary starting to show good levels of activity, and with very interesting projects in Ecuador,” Mr. Sanchez said.