FIRST VIETNAM INK FACTORY

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FIRST VIETNAM INK FACTORY

 user 2005-11-01 at 9:31:00 am Views: 98
  • #14455

    First VIET NAM ink factory creates local market
    VietNamNet – The first-ever printing ink factory in Vietnam, Pacific Ink, opened recently after six months of construction in the Que Vo Industrial Zone, Bac Ninh Province, producing for the likes of Sacoin and Fujifilm.
    Currently in its first phase of production, the US$5mil facility will produce 3,000 tonnes of ink per year, officials said.
    Le Ngoc Quang, Chairman and Director General of Pacific, said that previously the local market has had to import 90% of its ink supply and the long-awaited factory will reduce cost and speed service. Pine resin, the main ingredient in printer’s ink, is abundant in Vietnam and the factory makes use of a natural resource, he added.
    Mr Quang also revealed that Pacific would cooperate with the Hanoi Polytechnics University to train students in the factory’s laboratory
    Pacific Ink is the first company in Vietnam to join a newly-formed National Association of Printing Ink Manufacturers (NAPIM). The company has signed contracts with the Communist Magazine Printing Company, Sacoin and Fujifilm.
    Though Pacific will announce no prices until the end of the year, Mr Quang stressed that they would be much lower than those of imported products. Vietnam currently tops Asia for ink prices; a box of printing ink for a computer printer sells for rivals Western prices.  Hewlett-Packard 06F cartridges sell for $54 a box, and the 13A, $65.5 per box.