News and Announcements
YPB’s New Tracer Production Line Operational
- Published October 06, 2015 3:35PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
6th October 2015, ASX Announcement
Highlights
- YPB’s new production line for invisible tracer operational
- 400% increase in captivity to produce YPB’s invisible tracer
- First batch produced on new production line
- YPB tracer included in 20 million fapiaos (tax invoices/receipts) to date – contract for 48 million per year 2015-2017
- First run of 300,00 bank deposit certificates complete in national bank trial – targeting only one county thus far
Ant-counterfeiting technology company YPB Group Limited (ASX:YPB) has commenced use of a new production line for its invisible tracer ant-counterfeit material. The first successful production run comes after recent investment into its development in China.
Rapid growth in demand for YPB’s invisible tracer made it necessary to extend the production capacity.
After three months building the new production line, YPB will have the ability to increase production by up to 400%, providing adequate support for YPB’s growing activity across China, USA, Australia and Thailand.
To read the full announcement, please click here.
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