David Savastano, Editor09.21.20
China is perhaps the fastest-growing nation in terms of ink production. The country’s ink industry is a mix of international ink manufacturers, led by a pair of joint ventures (Hangzhou Toka Ink Co., Ltd., with T&K Toka, and Toyo Ink’s Tianjin Toyo) and domestic ink producers, the largest of which is Yip’s Chemical Holdings Limited.
China was the first to feel the wrath of COVID-19, and the Chinese government essentially shut down the country in early 2020. As a result of these actions, China’s ink industry has come out of the pandemic relatively well.
Masamichi Sota, executive officer, GM, Printing Material Products Division, DIC Corporation, noted that China’s stay-at-home orders led to the shutdown of most industries, including ink.
“Just after the Chinese New Year at the end of January, China implemented ‘Moving Control,’ a stay-at-home order that caused the Chinese ink market to shut down because of the novel coronavirus
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