Dünya – US-based ink producer Sun Chemical Corp. is planning to build a new plant in the Aliaga Organized Industrial Zone in Turkey’s Aegean province of Izmir, according to a statement on the company’s web site.
With construction scheduled to begin in the second quarter of 2014 and completed in the second half of 2015, the company’s third plant in Turkey will strengthen Sun Chemical’s presence in the growing markets of Europe, Middle East and Africa (EMEA) as well as in Turkey’s domestic market.
The plant will produce liquid inks for packaging applications, a market which is forecasted to grow by 2-3 percent annually for the next several years in the EMEA region. Turkey’s well-developed transportation links, highly skilled labor force and strong demand for liquid inks are the main reasons behind Sun Chemical’s decision to invest in the country.
Owned by Japan’s DIC Corporation, Sun Chemical is the world’s largest producer of printing inks and pigments, employing 21,000 people globally. Having acquired Turkish ink producer CBS Inktas in 2004, Sun Chemical currently has two operational plants in Turkey.