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Toyo Ink Korea Absorbs Toyo-Morton Korea Ltd.

Announcement of merger of consolidated overseas subsidiaries

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Toyo Ink SC Holdings Co. Ltd. has determined that Toyo Ink Korea Co. Ltd, a consolidated subsidiary of the company, will absorb Toyo-Morton Korea Ltd., another consolidated subsidiary of the company.

The purpose of the merger of the two consolidated subsidiaries of the company is to strengthen the Toyo Ink Group’s operating foundations and accelerate its expansion into the electronic material sector and functional material sector, through collaboration between the two companies.

Moreover, by strengthening its ability to make proposals to customers, the Group aims to bolster its competitive advantage globally.


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