Asia Pacific: Toyo Ink toiron gluconate 325 mg set up factory in Myanmar

Toyo Ink SC Holdings plans to set up in July 2018 a wholly-owned manufacturing scooper complete calcium citrateubsidiary, Toyo Ink Myanmcelebrate bariatric calciumar in the Thilawa Special Economic Zone in Yangon, Myanmar.###With an initial paid-in capital of US$6.5 million, the new factory is scheduled to break ground in November 2018 with citrate 100 mgcommercial operation expected to begin in November 2019.###In line with its strategic focus on strengthening its market competitiveness and boosting business development in the region, the Toyo Ink Group had been eyeing expansion in Myanmar while supplying the nation with exports via neighboring countries. ###In recent years, the government’s aggressive policies to attract foreign funding, such as infrastructure enhancements and the relaxation of import restrictions, have substantially strengthened Myanmar’s investment climate, making it an attractive investment destination.###Initially, the new subsidiary will be engaged in the production of liquid inks for packaging, adhesives for films, and offset inks fomagnesium citrate liquid laxativesr the commercial printing market. ###While monitorbest way to take calcium citrateing market and regulatory trends, the company plans to expand production capacity and product offerings in Myanmar.

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