Toyo Ink’s two new products at Printpack India

Sustainable ink solutions for print

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Toyo Ink
Toyo Ink stand at 15th Printpack India. Photo IPP

For Toyo Ink, the main theme at the 15th Printpack India was sustainable print. The company showcased several products, starting from low migration inks to cobalt- and mineral-free inks, barrier coatings, UV inks and coatings, liquid inks, solvent-free lamination, and pressure-sensitive adhesives. It also launched two new products.

In the previous Printpack that took place in 2019, Toyo launched its made-in-India UV ink product basket, which was a huge success. This year it launched its water-based flexo and UV flexo inks that are also manufactured in its Indian plants. The initial feedback for these inks from customer tests have been very positive, says Toyo Inks India.

The company also highlighted its eco-friendly products such as water-based inks, and biomass products along with a range of coatings. The Toyo Ink Group’s Sustainability Vision TSV2050/2030, introduced this year, has set forth an ambitious target to make the company’s production operations carbon neutral by 2050, and the new product launches are aligned with that trajectory. Toyo Ink India was established in 2006 and has two manufacturing plants in the country, at Greater Noida and at Bharuch in Gujarat.

2023 promises an interesting ride for print in India

Indian Printer and Publisher founded in 1979 is the oldest B2B trade publication in the multi-platform and multi-channel IPPGroup. While the print and packaging industries have been resilient in the past 33 months since the pandemic lockdown of 25 March 2020, the commercial printing and newspaper industries have yet to recover their pre-Covid trajectory.

The fragmented commercial printing industry faces substantial challenges as does the newspaper industry. While digital short-run printing and the signage industry seem to be recovering a bit faster, ultimately their growth will also be moderated by the progress of the overall economy. On the other hand book printing exports are doing well but they too face several supply-chain and logistics challenges.

The price of publication papers including newsprint has been high in the past year while availability is diminished by several mills shutting down their publication paper and newsprint machines in the past four years. Indian paper mills are also exporting many types of paper and have raised prices for Indian printers. To some extent, this has helped in the recovery of the digital printing industry with its on-demand short-run and low-wastage paradigm.

Ultimately digital print and other digital channels will help print grow in a country where we are still far behind in our paper and print consumption and where digital is a leapfrog technology that will only increase the demand for print in the foreseeable future. For instance, there is no alternative to a rise in textbook consumption but this segment will only reach normality in the next financial year beginning on 1 April 2023.

Thus while the new normal is a moving target and many commercial printers look to diversification, we believe that our target audiences may shift and change. Like them, we will also have to adapt with agility to keep up with their business and technical information needs.

Our 2023 media kit is ready, and it is the right time to take stock and reconnect with your potential markets and customers. Print is the glue for the growth of liberal education, new industry, and an emerging economy. We seek your participation in what promises to be an interesting ride.

– Naresh Khanna

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