07.14.22
Oriente 171 #367
México City, Mexico
Phone: +52 55 5118 1000
Web: www.sanchez.com.mx
E-mail: er.sanchez@sanchez.com.mx
Sales: $128 million (inks); $141 million overall.
Major Products: Offset, flexo, gravure and screen inks, overprint varnishes, lamination adhesives, coatings, offset plates, pressroom chemicals and offset presses.
Key Personnel: Ernesto J. Sanchez, managing director; Jose Sanchez, commercial director; Jesus McKelligan, operations director; Jacobo Garcia, administrative director; Julio Cesar Garcia, technical manager (paste inks); Erasto Islas, technical manager (liquid inks).
No. of Employees: 1,350.
Comments: Sanchez SA de CV, the largest ink manufacturer in Mexico and Central America, is headquartered in Mexico City. The company has a major presence in Latin America, with subsidiaries in Colombia (Grupo Sanchez Colombia),
Costa Rica (Grupo Sanchez Artes Graficas), El Salvador (Sanchez Centroamerica), Guatemala (Tintas Sanchez Guatemala), Peru (Grupo Sanchez Peru), as well as Ecuador (Grupo Sanchez Ecuador).
Ernesto J. Sanchez, managing director for Sanchez SA de CV, said that while the economy has rebounded, it needs further growth.
“After a sharp decline in our economy in 2020, 2021 represented a bounce-back year, with growth of 4.8 % in our economy, but not enough for what the country needs,” said Sanchez.
“Most of the markets we serve showed a healthy comeback during the year, and while some did not reach their pre-pandemic figures, they experienced a healthy growth over the previous year. Screen printing inks and lamination adhesives showed the best results, but other lines, like sheetfed inks, had a great performance.”
Raw materials continue to be a concern for the ink industry, and Sanchez SA de CV is no exception.
“Like the rest of the industry, we sure struggle with the increase of the cost in our raw materials, and as everyone is aware, the shortage of many of them,” said Sanchez. “As never before, the process of passing some of these costs to our customers created a lot of stress and frustration with them, but at the end, we managed to get some understanding.”
Sanchez said 2022 remains a concern going forward.
“The present year, 2022, shows no signs of any great year in terms of the growth of our economy, and the war in Ukraine sure does not help,” said Sanchez. “The shortage and prices increase of our raw material continue but we have managed to keep the pace of our activity up.”
México City, Mexico
Phone: +52 55 5118 1000
Web: www.sanchez.com.mx
E-mail: er.sanchez@sanchez.com.mx
Sales: $128 million (inks); $141 million overall.
Major Products: Offset, flexo, gravure and screen inks, overprint varnishes, lamination adhesives, coatings, offset plates, pressroom chemicals and offset presses.
Key Personnel: Ernesto J. Sanchez, managing director; Jose Sanchez, commercial director; Jesus McKelligan, operations director; Jacobo Garcia, administrative director; Julio Cesar Garcia, technical manager (paste inks); Erasto Islas, technical manager (liquid inks).
No. of Employees: 1,350.
Comments: Sanchez SA de CV, the largest ink manufacturer in Mexico and Central America, is headquartered in Mexico City. The company has a major presence in Latin America, with subsidiaries in Colombia (Grupo Sanchez Colombia),
Costa Rica (Grupo Sanchez Artes Graficas), El Salvador (Sanchez Centroamerica), Guatemala (Tintas Sanchez Guatemala), Peru (Grupo Sanchez Peru), as well as Ecuador (Grupo Sanchez Ecuador).
Ernesto J. Sanchez, managing director for Sanchez SA de CV, said that while the economy has rebounded, it needs further growth.
“After a sharp decline in our economy in 2020, 2021 represented a bounce-back year, with growth of 4.8 % in our economy, but not enough for what the country needs,” said Sanchez.
“Most of the markets we serve showed a healthy comeback during the year, and while some did not reach their pre-pandemic figures, they experienced a healthy growth over the previous year. Screen printing inks and lamination adhesives showed the best results, but other lines, like sheetfed inks, had a great performance.”
Raw materials continue to be a concern for the ink industry, and Sanchez SA de CV is no exception.
“Like the rest of the industry, we sure struggle with the increase of the cost in our raw materials, and as everyone is aware, the shortage of many of them,” said Sanchez. “As never before, the process of passing some of these costs to our customers created a lot of stress and frustration with them, but at the end, we managed to get some understanding.”
Sanchez said 2022 remains a concern going forward.
“The present year, 2022, shows no signs of any great year in terms of the growth of our economy, and the war in Ukraine sure does not help,” said Sanchez. “The shortage and prices increase of our raw material continue but we have managed to keep the pace of our activity up.”