1965-2003

Historical Link with GanGuInk

Our heritage can be traced all the way back to GanGuInk. Established in 1965 as a state-owned company focusing on the manufacturing of printing inks, GanGuInk set up its own pigment & resin production facilities in 1968. During its boom period (between 1985 and 1998), GanGuInk consistently ranked among the top four most successful ink makers of China. The highlight of GanGuInk’s history came in 1996, when it, with technologies licensed from Germany & Denmark, introduced the very first modern Phthalocyanine pigment production line to China’s pigment industry.

2004-2016

A New Beginning: GGINK Group

GanGuInk went through a period of privatization and reorganization following China’s economic reform. GanGuInk Pigment Sector was formally privatized in 2004. Later renamed    GGINK Group Limited, the company relocated its center of operation to Shanghai. GGINK Group largely focused on the manufacturing and trading of organic pigment. GGINK Group also specialize in providing pigment related technical services such as color matching and compliance assistance. By the end of 2012, GGINK have grown into one of China’s largest organic pigment manufacturer and exporter. 

2017-2019

PV23 and the Founding of Violetech

GGINK's core management team, joined forces with a group of veterans from the pigment industry, co-founded Violetech in 2017. During its founding stage, Violetech mainly focused on delivering PV23 products. Full REACH registration (100 MT/year) completed for PV23 product range as of 2018. With process innovation and technological reconstruction of the Shandong Plant, Violetech was able to boost its PV23 (finished pigment) production capacity up to more than 500 tons/year as of 2019.

2020-2021

Shanxi Complex Commence Operation

After two years of construction, Violetech Shanxi Complex phase I project was completed in Jul. 2020. Shanxi Complex commenced trial operation in Aug 2020. To date, more than 300 million CNY has been invested in the location. The Shanxi Complex is expected to reach full-capacity operation by the end of 2021, which will boost the total crude PV23 production capacity up by at least 1,200 MT/year, and fine chemical intermediate production capacity up by at least 800 MT/year.

2022

Ningxia Plant Acquisition

In early 2022, Violetech Group completed the acquisition of Ningxia Hongyuan New Materials Co., Ltd (later renamed Ningxia Violetech New Materials Co., Ltd). With the acquisition, Violetech's PV23 production capacity is increased to 2,000 tons/year (crude and fine), thus securing its position as the single largest PV23 supplier on a global scale.