Nur Ink Innovations has signed an agreement for the sale and supply of ink to a leading European manufacturer of digital textile printers

14 August 2023: Nur Ink Innovations Ltd. which is engaged in the research and development of various types of water-based, green and environmentally friendly pigment inks has signed an agreement for the supply of ink with a European company that develops, manufactures, and markets digital printing systems for printing on various clothing items.

The water-based pigment ink set developed by the company in specific, was formulated in accordance to the client’s requirements, is an innovative ink that contains notable advantages for the client’s end users, such as exceptional resistance to abrasion in washing, high stability of the print heads – resulting in a lower need for routine printer maintenance, the possibility of printing directly onto nearly any type of fabric including dark polyester, while using a single printer, and a stretchability of over 500%, while maintaining lack of odor and non-stickiness of the printed fabric.

The ink that will be supplied to the client has received the two most important standards in the textile industry: the OekoTex Eco-Passport standard and the GOTS 7 standard.

According to Moshe Nur, Chairman of Board of Directors and CEO said “This agreement is proof of the company’s research and development capabilities and of the innovation and uniqueness of the products we develop, and also an indubitable expression of confidence in Nur Ink as a global company that brings significant value to the world of digital printing. This is a long-term ink supply agreement that includes an ongoing supply of ink to the client – a European company that develops, manufactures, and markets digital textile printers worldwide.”

Nur Ink Innovations presently estimates that given the agreed prices, the gross profit from ink sales to this client will be about 60%. This agreement includes an indicative expected forecast by the client as the basis for the company’s anticipated orders for delivery.

www.nur-ink.com