Page 142 - CW E-Magazine (16-4-2024)

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EXPANSION PLANS
Toyo Ink India to boost capacity for solvent-based

adhesives

Toyo Ink India Pvt. Ltd., a member motive interiors and has over the years to growing sales of new automobiles
of the Japan-based chemicals manufac- expanded applications to home appli- because of urbanisation and a shift to
turer, Artience Group (formerly Toyo ances and labels. In December 2021, a nuclear families, as well as the rapid
Ink Group), has announced plans to production operation was established growth of the consumer electronics
expand its production capacity for sol- in Gujarat, enabling the company to market.
vent-based adhesives at its manufactur- respond to customer needs more promptly
ing site in Gujarat. A new production and to further grow its business. As “Toyo Ink India is on track to become
facility will be built on-site at the demand from these markets grew, the the top solvent-based adhesive manu-
Gujarat plant as part of expansion to capacity for adhesive production had facturer in India, with a targeted market
meet rising local demand. The plant is become tight, leading to the decision to share of 30% in 2026,” said Mr. Naotoshi
slated to begin operations in April 2026 further invest in production to support Nakamura, Chairman, Toyo Ink India.
and will help to boost the Gujarat site’s current and future growth. “In line with the Artience group’s global
adhesive capacity by 3.5 times its current strategy, we are working to expand
output. India ranks fi fth in the world’s GDP adhesives applications to the healthcare
rankings in 2024 and is expected to and other fi elds, while positioning India
In 2014, Toyo Ink India began jump to the second spot in 20 years. as an export hub to the Middle East and
importing adhesives from Japan and sel- Accordingly, industrial adhesive demand Africa, regions where economic growth
ling them to the local market for auto- in the country is projected to rise due is expected in the future.”
DISTRIBUTION
Koel Colours’ US subsidiary selects Univar

to represent speciality pigment and dyes portfolio

Koel USA Inc., a subsidiary of dent of CARE for Univar Solutions, DA) quality standards. With colorants,
Mumbai-based manufacturer of pig- said, “As a leading global distributor beauty manufacturers and brands can
ments & speciality ingredients, Koel of speciality ingredients, we recognise also offer more authenticity and indi-
Colours Pvt. Ltd., has chosen Univar the growing worldwide need for high viduality with cosmetic beauty pro-
Solutions, the US-based distributor quality sustainable colour cosmetic ducts through colour palette options
of speciality ingredients and chemi- products. Pigments and dyes are a sta- and keeping up with the latest
cals, to exclusively distribute its pig- ple of leading cosmetic products and makeup contouring and eye differenti-
ments and colorants used in cosme- are fundamental to the success of many ation trends.
tics and persoal care formulations. brands. We are excited to add Koel
Colours to our comprehensive portfolio, “As a US partner, Koel Colours is
Koel Colours is a leading cosmetic allowing us to bring more unique and well-positioned to support Univar Solu-
pigment manufacturer for the beauty innovative solutions to our colour cos- tions in the US beauty and personal care
and personal care industry with a full metics customers.” market,” said Mr. Jay Sanjeev Mehta,
range of colorant solutions, including Sales and Marketing Manager – Americas
organic, effect, and speciality pigments, Through this exclusive partner- and Europe for Koel Colours. “Koel
water-based pigment dispersions, water ship, both companies plan to stream- Colours is constantly striving to deliver
soluble dyes, and oil soluble and natu- line the technical and personnel sup- quality colouring solutions in personal
ral colorants. port through collaboration, enhancing care and cosmetics applications to our
a strong customer experience blended customers as we have a multi-national
Commenting on the collaboration, with colouring solutions to meet US presence with global quality accredita-
Mr. James Peterson, Global Vice Presi- Food and Drug Administration (USF- tion,” he added.

142 Chemical Weekly April 16, 2024

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