Memjet's explanation,
The ink manufacturing industry experienced unprecedented global supply chain disruption during and after the COVID-19 pandemic, which had far-reaching implications.
Pigment shortages have also arisen due to industry consolidation from large-scale mergers and changing environmental laws in China, resulting in plant closures.
To mitigate risk for partners, Memjet has opened a state-of-the-art dye-based ink manufacturing plant in Sydney that leverages deep and reliable local supply chains.
We have also developed two advanced dye-based ink formulations that replace short-supply dyes with readily available, high-quality ingredients to deliver consistency and affordability while avoiding the supply disruptions of critical ingredients.
In summary,
Memjet has taken proactive measures to safeguard its ink supply chain in response to recent macroeconomic shifts.
The company has strategically realigned its ink dye sourcing, recognizing the critical importance of a stable and reliable supply.
This decision aims to mitigate potential disruptions and ensure the resilience of its supply chain, reflecting a broader trend among global companies adapting to an evolving economic landscape.