Toyo Ink Group to open sales office in Morocco
The Toyo Ink Group intends to open a sales office on the African continent to develop business opportunities for a wide range of group products.
Toyo Ink SC Holdings, the parent company of the Toyo Ink Group of Japan, announced plans to open a new sales subsidiary in Casablanca, Morocco, in preparation for a full-scale business launch into the African continent. Eyeing the future economic progress of Africa, the company will set up its very first office on the continent, Toyo Ink North Africa S.A.R.L., for the medium- to long-term timeframe, with paid-in capital of EUR 2.4 million.
Wide range of group products
Toyo Ink North Africa will be engaged in developing business opportunities for a wide range of products such as commercial printing inks, liquid (flexo and gravure) inks and adhesives for food packaging, and can coatings. It will market existing products while functioning as a market research hub to help promote products customised to the unique needs of local markets. Moreover, the new subsidiary will not only focus on expanding sales and the development of ink products, but also work to increase sales of the group’s chemical businesses.
