NanoSilikhan Advanced Materials Co., Ltd. sets sights on producing 3 billion anti-counterfeiting labels a year in Tanzania... pushes for local production

[Financial News] KOSDAQ-listed NanoSilikhan Advanced Materials Co., Ltd. is pursuing plans to establish a production hub in Tanzania for anti-counterfeiting authentication labels, targeting annual output of up to 3 billion labels.
NanoSilikhan Advanced Materials Co., Ltd. said on the 9th that NanoSilikhan Africa, its exclusive distributor partner in Africa, had obtained a manufacturing license from Tanzania’s Business Registrations and Licensing Agency (BRELA).
NanoSilikhan Africa has secured a site of approximately 33,000 square meters in the Kigamboni area of Dar es Salaam, Tanzania. It plans to build a printing and processing facility there for “MTX (Magnetically Color Tunable Photonic Crystal) anti-counterfeiting authentication labels.”
The manufacturing license marks progress in the steps needed to establish a local production base as the Tanzanian government considers adopting MTX technology. According to the company, tax authentication labels (tax stamps) made by Switzerland’s SICPA have long held the largest share of Tanzania’s anti-counterfeiting market. The company said interest in alternative technologies is also growing amid persistent concerns over the counterfeiting of tax stamps.
Last October, senior officials from Tanzania’s Ministry of Industry and Trade and the Fair Competition Commission (FCC) visited South Korea and inspected NanoSilikhan Advanced Materials Co., Ltd.’s core security-materials production facility in Pyeongtaek and its authentication-label printing and processing facility in Ansan. According to the company, after reviewing the MTX manufacturing process and its anti-counterfeiting capabilities, the delegation said the technology could be used to prevent the distribution of counterfeit products, protect consumers and secure tax revenue, and expressed an intention to consider adopting it at the national level.
NanoSilikhan Advanced Materials Co., Ltd. plans to accelerate efforts to establish a local production and supply system following the manufacturing license and site acquisition. It currently manufactures and supplies finished labels in South Korea. Once the local facility is operational, the company plans to shift to a model in which its South Korean headquarters supplies core functional security materials while its Tanzanian facility handles label printing and processing.
An industry official said, “For tax authentication labels, it is important not only that they can detect counterfeits, but also that their authenticity can be easily verified at points of sale and that the required quantities can be supplied reliably.” The official added, “The approach of supplying core security materials from South Korea and handling label printing and processing locally is worth watching because it allows the supply system to be considered alongside the technology at the adoption-review stage.”
A NanoSilikhan Advanced Materials Co., Ltd. official said, “The Tanzanian government’s consideration of adopting MTX technology and its support for establishing a local production base mark an important turning point in expanding our business in Africa.” The official added, “With our local partner’s manufacturing license as a catalyst, we will move ahead in earnest with building a production and supply system, expand MTX technology across Africa and develop it into a global growth driver.”

[email protected] Choi Doo-seon Reporter