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    Greater Georgia Printers Chooses HP Indigo 7900 Press

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    Top Companies Report

    Raw Materials, Consolidation Impact the Global Ink Industry

    Related CONTENT
    • Siegwerk Announces Price Increases of Publication Gravure Inks
    • Siegwerk Announces Price Increases in North and South America, Asia
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    David Savastano, Editor07.31.18
    On the surface, the global ink industry had a fairly stable year in 2017. For the most part, printing ink sales remained steady or grew slightly, and the primary printing trends – digital printing making greater inroads, packaging growing, and publication and commercial printing continuing to decline – remained steady.

    Raw materials are the biggest concern. A shortage of a critical precursor of photoinitators led to major price increases and difficulty in keeping up with UV inks and coatings. Pigment supply is a concern, as China has placed a significant emphasis on improving its environment and shutting down offenders, leading to plant closures. Overall, raw material costs are on the rise.

    The ink industry saw further consolidation within its customer and supplier bases, while also seeing a few significant mergers within its own ranks. On the ink side, T&K Toka made the largest move, acquiring Royal Dutch Van Son Holland Ink, the 16th largest ink manufacturer in the world with $130 million in sales in 2016.

    Siegwerk was active, adding Agfa’s UV inkjet ink division as well as Tupahue Tintas, a family-owned Brazilian flexo and gravure ink and varnish manufacturer, and Van Son Liquids B.V., which produced water-based flexo and gravure printing inks. Wikoff Color also made a significant move in the South American packaging ink field, acquiring Verti Produtos Químicos.

    In the US, Sun Chemical acquired UV ink specialist Joules Angstrom UV Printing Inks, as well as PPG’s metal deco ink segment. In southern Europe, Flint Group added Eston Chimica SRL, a flexo and gravure water-based inks specialist located in Italy.

    There were three billion-dollar mergers in the printing industry: Multi-Color adding Constantia Flexibles’ Labels Division, Coveris Holdings selling its Americas packaging business to Transcontinental, and Graphic Packaging combining with International Paper’s North American Consumer Packaging business.

    Perhaps most interesting, at least three multi-billion-dollar mergers were shut down. The Clariant-Huntsman consolidation was halted. In what would have been a major move, Smurfit Kappa fended off International Paper’s attempt to acquire them. Fujifilm’s attempted purchase of Xerox was shut down.

    There are undoubtedly more changes ahead for the ink industry, and with consolidation and raw material volatility on the rise, the next 12 months will likely be challenging for the industry.

    The Top International Ink Companies (Ink and Graphic Arts Sales)
    DIC/Sun Chemical  $4.60B
    Flint Group $2.50B
    Sakata INX  $1.31B
    Toyo Ink  $1.30B
    Siegwerk Group $1.08B
    hubergroup  $990M
    T&K Toka  $432M
    Tokyo Printing Ink  $408M
    Fujifilm North America  $400M*
    SICPA  $375M*
    ALTANA AG $330M
    Dainichiseika Color  $272M
    Wikoff Color $190M*
    Yip’s Chemical Holdings $179M
    Uflex $110M
    Sanchez SA de CV $104M
    Marabu GmbH & Co. KG $100M*
    Xinxiang Wende Xiangchuan  $100M*
    Zeller+Gmelin $100M
    Daihan Ink  $90M
    Letong Chemical  $75M*
    Bordeaux Digital PrintInk Ltd. $60M*
    Epple Druckfarben $55M
    RUCO Druckfarben   $40M

    * Ink World estimate
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    Related Top Companies Report

    • Ink Manufacturers News | Marking and Pad Printing Inks | Packaging Flexo Inks | Packaging Gravure Inks | Screen Inks | UV and EB Inks
      24 Ruco Druckfarben/A.M. Ramp & Co GmbH

      24 Ruco Druckfarben/A.M. Ramp & Co GmbH

      Lorsbacher Strasse 28 65817 Eppstein Germany Tel: +49-61-98-3040 Fax: +49-61-98-32288 www.ruco-inks.com E-mail: info@ruco-inks.com Sales: $40 million. Major Products: Full line of screen and pad printing inks, UV dry offset inks, full lin…
      07.31.18

    • Graphic Arts Coatings | Ink Manufacturers News | Sheetfed Inks | UV and EB Inks
      23 Epple Druckfarben AG

      23 Epple Druckfarben AG

      Gutenbergstrasse 5 86356 Neusäß, Germany Phone: +49 821 4603-0 Fax: +49 821 4603 200 www.epple-druckfarben.de Email: info@epple-druckfarben.de Sales: $55 million. Major Products: Sheetfed inks; inks for perfecting presses; UV in…
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    • Ink Manufacturers News | Inkjet Inks and Toners
      22 Bordeaux Digital PrintInk Ltd.

      22 Bordeaux Digital PrintInk Ltd.

      5 Hayarkon St. Yavne 8122708 Israel www.c-m-y-k.com Email: info@c-m-y-k.com Sales: $60 million (Ink World estimate) Major Products: Eco Solvent, Solvent, UV and UV LED curable and latex inkjet inks; water-based pigment ink for direct to tex…
      07.31.18


    • Ink Manufacturers News | Packaging Flexo Inks | Packaging Gravure Inks | Specialty Inks | UV and EB Inks
      21 Letong Chemical Products Co., Ltd.

      21 Letong Chemical Products Co., Ltd.

      Jinding Guantang Letong Industrial Park Zhuhai City, Guangdong Province, China Phone: +86 756 3383338 Fax: +86 756 3383339 www.letongink.com E-mail: lt002@letongink.com Sales: $75 million (Ink World estimate) Major Products: Gravure, flexo…
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      20  Daihan Ink Co., Ltd.

      20 Daihan Ink Co., Ltd.

      351,Bakdal-ro, Manan-Gu, Anyang-City Kyonggi-Do, Korea Tel: +82 31-467-6437 Fax: +82 31-443-8570 www.daihanink.com Email: weero@d-ink.co.kr Sales: $90 million for Daihan Ink and DI&C; $165 million (consolidated Group sales). Major Prod…
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      17 Zeller+Gmelin GmbH

      17 Zeller+Gmelin GmbH

      Schlossstrasse 20 73054 Eislingen, Germany Phone: +49 7161 802-0 Fax: +49 7161 802-355 Internet: ZG Europe: www.zeller-gmelin.de; ZG US: www.zeller-gmelin.com E-mail: info@zeller-gmelin.de Sales: $100 million (Ink World estimate); consolidate…
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      17 Xinxiang Wende Xiangchuan Printing Ink Co., Ltd.

      17 Xinxiang Wende Xiangchuan Printing Ink Co., Ltd.

      South of XinEr Road, High Tech Zone Xinxiang City, Henan Province, China Phone: +86 373 5068125 Fax: +86 373 5028385 www.xcink.com.cn; wwxcink.en.china.cn E-mail: wdxcym@hotmail.com Sales: $100 million (Ink World estimate) Major Products:…
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      17 Marabu GmbH & Co. KG

      17 Marabu GmbH & Co. KG

      Asperger Straße 4 71732 Tamm, Germany Phone: +49 7141 691 0 Fax: +49 7141 691 147 Email: info@marabu.com www.marabu-inks.com Sales: $100 million (Ink World estimate) Major Products: Screen Printing Inks, Pad Printing Inks, Digital Prin…
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      16 Sanchez SA de CV

      16 Sanchez SA de CV

      Oriente 171 #367 México City, Mexico Phone: +52 55 5118 1000 www.sanchez.com.mx E-mail: er.sanchez@sanchez.com.mx Sales: $104 million (inks); $127.2 million overall. Major Products: Offset, flexo, gravure and screen inks, overprint v…
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      15 Uflex Limited

      15 Uflex Limited

      Corporate Office A – 107 - 108, Sector - IV, Noida 201301 (U.P.), India Tel: +91 120 4012345 Fax: +91 120 2556040 www.uflexltd.com Email: enquiry@uflexltd.com Sales: $110 million in ink sales; $1 billion sales (consolidated). Major…
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      14 Yip’s Chemical Holdings Limited

      14 Yip’s Chemical Holdings Limited

      27/F., Fortis Tower, 77-79 Gloucester Road Wanchai, Hong Kong Tel: +852 2675 2288, +760 8652 2330 Fax: +852 2675 2345 www.yipsink.com E-mail: LiuWei@zs.yipsink.com, LinChuYi@zs.yipsink.com Sales: $179 million (HKD 1,409,738,000); Yip’s…
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      13 Wikoff Color Corporation

      13 Wikoff Color Corporation

      1886 Merritt Road Fort Mill, SC 29715 Phone: (803) 548-2210 www.wikoff.com Sales: $190 million (Ink World estimate). Major Products: Sheetfed and web offset inks; solvent-based and water-based flexo and gravure inks; energy-curable inks and…
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      12 Dainichiseika Color & Chemicals

      12 Dainichiseika Color & Chemicals

      7-6 Bakurocho 1-chome Nihonbashi, Chuo-Ku Tokyo 103-8383 Japan Phone: +81-3-3662-7111 Fax: +81-3-3669-3936 www.daicolor.co.jp Sales: $272 million (¥28,924 million); consolidated sales $1.58 billion (¥167.446 billion yen). Major Pro…
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      11 ALTANA AG

      11 ALTANA AG

      Abelstraße 43 46483 Wesel, Germany Tel: +49 281 670-8 Fax: +49 281 670-10999 www.altana.com E-mail: info@altana.com Sales: $330 million in printing ink and graphic arts coatings sales (Ink World estimate); $2.69 billion (€2.247 bil…
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      10 SICPA Holding SA

      10 SICPA Holding SA

      Avenue de Florissant 41 1008 Prilly, Switzerland Phone: +41 21-627-5555 Fax: +41 21-627-5727 www.sicpa.com E-mail: info@sicpa.com Sales: $375 million (Ink World estimate) Major Products: Security inks and features for intaglio, offset, scr…
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    Breaking News
    • Greater Georgia Printers Chooses HP Indigo 7900 Press
    • Vend Adopts Epson Receipt Printer for Retail Management Software
    • Interprint GmbH Buys Second Koenig & Bauer RotaJET
    • Xeikon Signs Dealership Agreement with S&I Systems Co Ltd.
    • Harper Corporation of America Presents at 2019 GAA Global Summit
    View Breaking News >
    CURRENT ISSUE

    January/February 2019

    • The 2019 US Ink Directory
    • Sun Chemical Looks Back on 200 Years
    • Chemicals are Coming Under Increased Scrutiny
    • Flexible and Printed Electronics Make Gains in 2018
    • Milling and Mixing Update
    • Environmental Concerns Driving Paper and Board Packaging Gains in Europe
    • An Overview of Thailand’s Growing Ink Industry
    • Weber Packaging: A ‘One-Source’ Supplier for Labeling, Packaging Systems and Supplies
    • Megami Ink Prepares for a Bright Future
    • View More >

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