Fuji Photo Film Co., Ltd. boosts investment in printing-system business in China
Press release from the issuing company
TOKYO, April 5, 2005 – Fuji Photo Film Co., Ltd. today announced the establishment of Fuji Photo Film Printing Plate (Suzhou) Co., Ltd. in Suzhou. This is a new plant that will manufacture PS and CTP plates with the goal of further strengthening the company's graphic systems business in China. Fujifilm will continue with the construction of this new plant, which is slated to go into operation in March 2007.
Worldwide, demand for printing plates, including CTP plates, is growing not only in major markets such as Japan, the United States and Europe, but also in other regions as well. Regarding this sector as a growth industry, Fujifilm has already established a four-base PS- and CTP-plate production system encompassing Japan, the United States, Europe and China, and has established a global system to facilitate the smooth supply of high-quality products and services. Now, by adding a second Chinese plant for the production of PS and CTP plates in Suzhou, Fujifilm will be able to respond to the rapid increase in demand for printing plates in China. At the same time, we will be making full use of the new base as a center for exports to Asia and other destinations.
To expand our sales channels, Fujifilm jointly established with the China Academy of Printing Technology a local sales firm in Shanghai that broadly deals in graphic systems products such as graphic arts film, PS and CTP plates, prepress equipment, and other items. Under the name Fujifilm Starlight Graphic Systems (Shanghai) Co., Ltd., this new company began operations on April 1, 2005. It is committed to providing comprehensive solutions, including materials, devices, and services, and to swiftly responding to a broad range of customer needs.
Corporate profile of the new plant in Suzhou
Company name: FUJI PHOTO FILM PRINTING PLATE (SUZHOU) CO., LTD.
Location: Suzhou Industrial Park, Suzhou, Jiangsu Province
Representatives: Board Chairman Yasutomo Maeda, President Koji Yokota
Capital: US $39 million
Ownership: Fujifilm (100%)
Production items: PS and CTP plates for offset printing
Corporate profile of the new sales company in Shanghai
Company name: FUJIFILM Starlight GRAPHIC SYSTEMS (SHANGHAI) CO., LTD.
Location: Waigaoqiao District, Shanghai
Representatives: Board Chairman Haixiang Shen, President Masahiro Ota
Capital: US $4.25 million
Ownership: Fujifilm (60%), China Academy of Printing Technology (40%)
- Sales of prepress equipment and related services in China
- Sales and exports of PS and CTP plates manufactured in China,
and associated services
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