Addition of DYO Printing Inks gives company a strong presence in the region.
David Savastano, Editor01.15.16
There is not a tremendous amount of growth to be found in the North American and European printing ink markets, and the Asia-Pacific region has seen a major influx of investment by ink suppliers. Ink companies are always searching for new growth markets, whether it is regional or by product line.
Turkey is one country that has drawn interest in the past few years. It is enjoying population growth, and has a strong domestic market. Packaging printers and ink manufacturers have taken notice. In 2014, Sun Chemical began planning for its third manufacturing facility, which is focused on liquid inks, in the country. In February 2015, Toyo Ink SC Holdings Co., Ltd. established Toyo Ink Turkey Kimya Sanayi A.S., a wholly owned sales subsidiary, in Turkey.
In January 2016, Toyo Ink returned to Turkey in a major way, acquiring 75% of DYO Matbaa Mürekkepleri Sanayi ve Ticaret Anonim Sirketi (DYO Printing Inks), a subsidiary of Yasar Holding Anonim Sirketi. DYO
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