On course: LANXESS confirms and narrows corridor for 2020 guidance

• EBITDA pre exceptionals expected at between EUR 820 million and EUR 880 million for the full year Sales decline by 14.3 percent to EUR 1.461 billion
• EBITDA pre exceptionals of EUR 193 million 28.3 percent below previous year
• EBITDA margin pre exceptionals at 13.2 percent
• Consumer Protection remains strong pillar of the Group
• Demand visibly recovering in many customer industries
• Special bonus for employees
• New targets for sustainable water management and improved ESG rating

Thailand, 21 November 2020 LANXESS remains on track despite the impact of the coronavirus crisis: Following the third quarter, the specialty chemicals company is confirming and narrowing the corridor for the guidance for 2020 and now expects EBITDA pre exceptionals for the full year to come in between EUR 820 million and EUR 880 million. Earnings were previously expected in the range of EUR 800 million to EUR 900 million.

“We are continuing on course in the troubled waters of the coronavirus crisis and have specified our 2020 guidance. We want to deliver what we announced in spring. Given these volatile times and the many uncertainties, this is a great achievement of the entire LANXESS team and I am very proud of this,” said Matthias Zachert, Chairman of the Board of Management at LANXESS AG.

LANXESS will be paying a special bonus for the extraordinary commitment of its employees during the coronavirus pandemic. “In particular, our colleagues at the plants played a crucial role in keeping our business running during the crisis,” said Zachert. “With this bonus, we would like to thank them and all the others who have made special contributions over the past months.” In total, LANXESS will distribute a high single-digit million euro amount. The amount of the payment varies from employee to employee. In Germany, the special bonus will be paid out in December. Different rules apply in the other countries.

Coronavirus crisis affected business figures

The coronavirus crisis continued to affect business figures in the third quarter. At EUR 193 million, EBITDA pre exceptionals was 28.3 percent down on the prior year’s figure of EUR 269 million. The EBITDA margin pre exceptionals declined to 13.2 percent, against 15.8 percent in the prior quarter. In addition to the pandemic, a planned major maintenance shutdown in Belgium, effects from reduced selling prices and adverse exchange rate effects, particularly relating to the U.S. dollar, burdened the result. By contrast, business in the Consumer Protection segment continued to develop well. There were also positive signals from the markets compared with the previous quarter.

“In many businesses, we are seeing indications that things are taking a turn for the better. Demand in key customer industries, including the automotive sector, picked up again in comparison to the second quarter. China and the U.S., in particular, are providing positive stimuli,” said Zachert.

Group sales amounted to EUR 1.461 billion, down 14.3 percent on the previous year’s figure of EUR 1.704 billion. Net income from continuing operations fell by 68.4 percent from EUR 79 million to EUR 25 million.

Segments: Consumer Protection remains strong pillar

Demand in the Advanced Intermediates segment stabilized in both business units compared with the second quarter, so that sales volumes almost reached the previous year’s level. However, given lower selling prices and negative exchange rate effects, sales and earnings were down year on year. Sales decreased by 14.4 percent from EUR 549 million to EUR 470 million. At EUR 65 million, EBITDA pre exceptionals was 28.6 percent lower than the prior year’s figure of EUR 91 million. The EBITDA margin pre exceptionals was 13.8 percent, against 16.6 percent in the prior year.

The coronavirus pandemic continued to impact the Specialty Additives segment also in the third quarter. Sales volumes declined significantly, particularly due to lower demand from the automotive and aviation industries. Lower selling prices and negative exchange rate effects also had a negative impact. Sales fell by 18.5 percent from EUR 503 million to EUR 410 million. At EUR 65 million, EBITDA pre exceptionals was 33.0 percent lower than the prior year’s figure of EUR 97 million. The EBITDA margin pre exceptionals decreased from 19.3 percent to 15.9 percent.

The Consumer Protection segment remained a strong pillar of the Group thanks to a strong agrochemicals business and good demand for disinfectants. In addition, the positive portfolio effect from the acquisition of the Brazilian biocide manufacturer IPEL offset adverse exchange rate effects. With EUR 278 million, sales were stable year on year. At EUR 59 million, EBITDA pre exceptionals was 7.3 percent higher than the prior year’s figure of EUR 55 million. The EBITDA margin pre exceptionals picked up to 21.2 percent, against 19.9 percent in the prior year.

The Engineering Materials segment was impacted by weak demand in the automotive industry, particularly in Europe, although this did improve compared with the previous quarter. At EUR 285 million, sales were down 19.3 percent on the prior year’s figure of EUR 353 million, also due to lower selling prices and negative exchange rate effects. A planned major maintenance shutdown in Belgium weighed on EBITDA pre exceptionals, as did weak demand, prompting a 44.1 percent downturn in earnings from EUR 59 million to EUR 33 million. The EBITDA margin pre exceptionals of 11.6 percent was below the figure of 16.7 percent posted in the prior year.

LANXESS continues to improve sustainability credentials

After LANXESS announced a year ago that it would become climate neutral by 2040, the specialty chemicals company has now set itself new goals for sustainable water management. As part of its “Water Stewardship Program”, LANXESS will initially strengthen sustainable water management with specific local projects at four sites in the areas with the greatest water stress. The aim is to reduce absolute water withdrawal at these sites by 15 percent by 2023. The experience gained from these projects should help to further improve water performance globally.

LANXESS has also improved its MSCI ESG rating from BBB to A. The climate strategy, the well-formulated principles of corporate governance and the robust efforts in the area of chemical safety have led to the improvement.

About LANXESS
LANXESS is a leading specialty chemicals company with sales of EUR 6.8 billion in 2019. The company currently has about 14,400 employees in 33 countries. The core business of LANXESS is the development, manufacturing and marketing of chemical intermediates, additives, specialty chemicals and plastics. LANXESS is listed in the leading sustainability indices Dow Jones Sustainability Index (DJSI World and Europe) and FTSE4Good.

LANXESS China
On January 31, 2005, the company was initially listed on the Frankfurt Stock Exchange and LANXESS Chemical (China) Co., Ltd. officially started operations. LANXESS now has 15 subsidiaries, 7 R&D centers and 8 production sites with around 1,500 employees in Greater China. LANXESS works closely with its local partners to develop market-oriented solutions that meet local market needs.

Forward-Looking Statements
This company release contains certain forward-looking statements, including assumptions, opinions, expectations and views of the company or cited from third party sources. Various known and unknown risks, uncertainties and other factors could cause the actual results, financial position, development or performance of LANXESS AG to differ materially from the estimations expressed or implied herein. LANXESS AG does not guarantee that the assumptions underlying such forward-looking statements are free from errors, nor does it accept any responsibility for the future accuracy of the opinions expressed in this presentation or the actual occurrence of the forecast developments. No representation or warranty (expressed or implied) is made as to, and no reliance should be placed on, any information, estimates, targets and opinions, contained herein, and no liability whatsoever is accepted as to any errors, omissions or misstatements contained herein, and accordingly, no representative of LANXESS AG or any of its affiliated companies or any of such person's officers, directors or employees accept any liability whatsoever arising directly or indirectly from the use of this document.

Destination Capital Launches Green Hotel Fund

List of people in the picture : Mr. Natthapong Na Ranong, CEO of KTB Securities (Thailand) PCL (Left) ,  Mr. James A. Kaplan, CEO of Destination Capital PTE. LTD. (Middle) ,  Mr. Thotsaporn Pornvattanasirikul, REIT Trustee Department Director of MFC Asset Management Public Company Limited (Right)

Bangkok, Thailand – 18 November 2020 – Destination Capital (DC) is excited to announce the launch of Descap I which will be the world’s first “green hotel fund”. The fund will acquire hotels and implement EDGE sustainability systems and procedures to support long term environmental sustainability and the financial viability of the investments. EDGE is an online platform, a green building standard, and a certification system for more than 170 countries.

The objective of Descap I is to raise capital and financing to acquire freehold four-star hotels in prime destinations in Thailand. Each hotel will implement EDGE building standards and obtain Edge “green building” certification. Some hotels will be rebranded to elevate positioning and value to generate further investor returns. Descap I will utilize the experience gained by Destination Group with its 24-year track record in Thailand of buying, managing, and selling hotels, particularly during times of distress.

“Destination Capital’s adoption of the EDGE certification program will provide the Descap I with the opportunity to gain a competitive advantage by differentiating our products and improving carbon emissions of the hotels” said Mr. James A. Kaplan, CEO of Destination Capital.

DC sees opportunities to re-tool hotels to accommodate green EDGE technology and systems especially during the current Covid 19 economic downturn. This is viewed as being highly attractive to hotel guests post-COVID 19 due to their preference to frequent hotels which adopt sustainability programs and offer a better guest experience in a safe and hygienic environment.

“If there is one thing we have learned during COVID 19 it is that the environment and nature recover quickly from poor resource management practices. Our participation in EDGE will serve to encourage the hospitality industry to adopt best practices with respect to better managing our scarce resources, raise broader consciousness about global warming and stem the tide of environmental degradation.“ Mr. Kaplan, added “we will implement operational elements to reduce water consumption, reduce waste emissions, reduce electricity use, and to the best of our ability eliminate plastic usage.”

DC is committed to investing in EDGE standards believing that it not only makes good business sense with both shorter payback periods and significant long term savings in hotel operational costs but also acknowledges investors who contribute to green and sustainable practices which benefit communities and the surrounding environment.

An innovation of the International Finance Corporation (IFC), a member of World Bank group, EDGE helps property developers to build and brand green in a fast, easy, and affordable way.

“Descap I will be the first hotel fund globally to adopt EDGE,” said Prashant Kapoor, IFC Chief Greenbuilding Specialist. “Our success with the EDGE certification to date is growing with its collective ambition to mainstream green buildings and help fight climate change.”

For more information please contact: www.destinationcapital.co.th

About EDGE
An innovation of the International Finance Corporation, EDGE helps property developers to build and brand green in a fast, easy, and affordable way. EDGE is an online platform, a green building standard, and a certification system for more than 170 countries. To date, EDGE-certified commercial and residential projects across the world keep nearly 230,000 tons of carbon dioxide annually from entering the atmosphere. For more information, visit www.edgebuildings.com.

Destination Capital (DC) 

Destination Capital is a hotel investment group based in Bangkok, Thailand. DC recently established a Thai Private Equity Trust (DESCAP 1) which will be the inaugural green hotel fund with EDGE. DC partners with Private Equity and Institutional Funds to source hotel acquisition opportunities and asset manage in the Asia Pacific region, with an emphasis on Thailand. The Company will sponsor a series of private equity funds, trusts and investment platforms mandated to acquire strategic hotel assets which present value-added opportunities for our capital partners to earn a financial return with a view to re-open hotels and re-employ people in the tourism sector.

HPE (Aruba) Positioned as a Leader in Gartner Magic Quadrant for Wired and WLAN Access Infrastructure, Scores Highest in All Use Cases in Critical Capabilities Report

Positioned as Leader for Fifteenth¹ Year Running and Furthest in Vision of All Vendors

Bangkok, 17 Nov 2020 – Aruba, a Hewlett Packard Enterprise company (NYSE: HPE), today announced that for the fifteenth year, HPE (Aruba) has been positioned in the Leaders quadrant in Gartner Inc.’s latest “Magic Quadrant for Wired and Wireless LAN Access Infrastructure”, and is positioned furthest to the right in Vision, as compared to all vendors. In addition, in the companion “Critical Capabilities for Wired and Wireless LAN Access Infrastructure” report, Aruba has received the highest score in all six use cases – the second time it has scored highest across all use cases.

Read complimentary copies of the Magic Quadrant and Critical Capabilities reports here:
2020 Magic Quadrant for Wired and Wireless LAN Infrastructure
2020 Critical Capabilities for Wired and Wireless LAN Infrastructure

Read Aruba’s blog about this year’s reports here:
Aruba and the Gartner Wired and Wireless LAN Infrastructure Magic Quadrant

Gartner evaluates vendors included in the Magic Quadrant based on two primary criteria: completeness of vision and ability to execute. HPE (Aruba) was positioned the furthest in vision of all vendors in the quadrant, which Aruba believes recognizes the company’s continued innovation and ability to anticipate and address customer challenges.

In addition, in the companion piece to the Magic Quadrant, the Gartner Critical Capabilities for Wired and Wireless LAN Access Infrastructure, Gartner evaluated vendor effectiveness in addressing an organization’s needs in six key use cases: Unified Wired and WLAN Access, WLAN-only Refresh/New Build, Wired-only Refresh/New build, Remote Branch Office with Corporate HQ, Performance Stringent Applications, and Hands-off NetOps. Aruba received the highest scores in all six of these use cases.

“Our ‘Customer First, Customer Last’ culture drives our commitment and focus across the entire Aruba organization from building our products and delivering our services, to helping our customers and partners in the field and supporting them on the back-end,” said Michael Dickman, senior vice president of Product Management at Aruba, a Hewlett Packard Enterprise company. “The continued recognition by Gartner of HPE (Aruba) is gratifying and we couldn’t be prouder of our clear market leadership via Aruba ESP (Edge Services Platform). The networking landscape may have changed over the past 15 years with different vendors coming and going but Aruba’s commitment to customer-driven innovation has kept us on the forefront at every step, becoming the Edge authority that the market turns to time and again. We are grateful to our customers and partners for their continued trust.”

In addition to the 2020 Magic Quadrant for Wired and Wireless LAN Access Infrastructure and Critical Capabilities reports, HPE (Aruba) has also been recognized by Gartner for other aspects of its industry-leading portfolio. In September 2020, just two years after launching its SD-Branch solution, Aruba was recognized as a Visionary in the Gartner Magic Quadrant for WAN Edge Infrastructure, and Silver Peak, recently acquired by HPE (Aruba) was positioned as a Leader for the third consecutive year. HPE (Aruba) was also positioned as a Visionary in the 2020 Magic Quadrant for Data Center and Cloud Networking.

Additional Resources

•  Report: 2020 Magic Quadrant for Wired and Wireless LAN Infrastructure
•  Report: 2020 Critical Capabilities for Wired and Wireless LAN Infrastructure
•  Report: 2020 Magic Quadrant for WAN Edge Infrastructure
•  Blog: Aruba and the Gartner Wired and Wireless LAN Infrastructure Magic Quadrant

Gartner Magic Quadrant for Wired and Wireless LAN Access Infrastructure, Bill Menezes, Tim Zimmerman, Christian Canales, Mike Toussaint, 5 November 2020
Gartner Critical Capabilities for Wired and Wireless LAN Infrastructure, Christian Canales, Tim Zimmerman, Bill Menezes, Mike Toussaint, 11 November 2020

¹ Aruba’s 15 years of placement includes HPE (Aruba) in the Magic Quadrant for Wired & Wireless LAN Access Infrastructure from 2015-2020 (6 years), Aruba Networks in the same Magic Quadrant from 2012-2014 (3 years) and in the Magic Quadrant for Wireless LAN Access Infrastructure from 2006-2011 (6 years).

Gartner disclaimer
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Aruba, a Hewlett Packard Enterprise company
Aruba, a Hewlett Packard Enterprise company, is the global leader in secure, intelligent edge-to-cloud networking solutions that use AI to automate the network, while harnessing data to drive powerful business outcomes. With Aruba ESP (Edge Services Platform) and as-a-service options, Aruba takes a cloud-native approach to helping customers meet their connectivity, security, and financial requirements across campus, branch, data center, and remote worker environments, covering all aspects of wired, wireless LAN, and wide area networking (WAN).

To learn more, visit Aruba at http://www.arubanetworks.com. For real-time news updates follow Aruba on Twitter and Facebook, and for the latest technical discussions on mobility and Aruba products, visit Airheads Social at http://community.arubanetworks.com/.

CISSA Group Announces Mega Project for Health and Wellness Hospital Combined with Luxurious Resort Worth Over 3.5 Billion Baht

CISSA Group announces a mega project in line with the government’s plan to promote the country as Thailand Medical Hub by joining forces with V PLAST MEDICAL GROUP to develop Natai Medical Center & Resort, a health and wellness hospital and a luxurious six-star resort project worth over 3.5 billion baht which will cater to the lifestyle of people today who have become more focused on their health and wellbeing.

Mr. Autthanop Pandkamnerd, CEO, CISSA Group Co.,Ltd, a leading investment property developer, revealed that the business objective of CISSA Group is to develop investment property, with a focus on high-potential projects, especially in provinces recognized as tourist destinations such as Phuket and Phang-Nga. The company currently has three main business operations: 1. Property developer and advisor for property development projects 2. Advisor for property development inprovinces recognized as tourist destinations and 3. Investment property developer.

“CISSA Group is determined to sustainably add value to property investment while generating stable returns for our investors. The company has developed numerous investment properties, from single detached houses, townhouses, semi-detached houses, pool villas, to apartments, mostly in Phuket province. Now, CISSA Group is collaborating with V Plast Medical Group, represented by Dr. Pichansak Bunmas, CEO, V Plast Medical Group and Affiliates, to conduct a feasibility study for a mega project development – a health and wellness hospital combined with a luxurious six-star resort called the Natai Medical Center & Resort that will cater to the lifestyle of people who have become more focused on their health and would consider staying in a hotel with strict hygiene measures after facing the spread of the COVID-19 disease.”

Natai Medical Center & Resort is located on Natai Beach in Phang-Nga province. With its private location and modern facilities, the area is the perfect venue for a health center while also providing a relaxing stay in a premium luxury resort. The transportation is also convenient for visitors, as the project is only 30 minutes away from Phuket International Airport and 10 minutes from the second Phuket International Airport (Phang-Nga). CISSA Group believes that investing in a health and wellness hospital combined with a hotel during the New Normal is an intriguing business opportunity because the international community has placed its trust in Thailand for its ability to handle and prevent the spread of the COVID-19 virus. According to Global Covid-19 (GCI), Thailand ranked second from 184 countries around the world for COVID-19 recoveries.

Meanwhile, the government has been promoting Thailand Medical Hub in line with the Strategic Plan to Develop Thailand Medical Hub (2017-2026) while offering support for tourism and disease prevention measures. These factors have successfully established Thailand as a destination for tourists and foreigners with purchasing power who are looking for a disease-free destination that can also provide quality medical centers and exclusive venues for relaxation.

Mr. Autthanop added that the Natai Medical Center & Resort project is worth over
3.5 billion baht and the project is to be formally unveiled to the public on November 17th.
Fund raising activities will be further held in December 2020 to offer an opportunity for investors who are looking for a project that can sustainably generate high returns.

CISSA Group currently has 12 investment properties: 9 completed projects and 3 ongoing projects. The properties are located in the provinces of Phuket, Phang-Nga, and Nakhon Si Thammarat. In the past three years, the company’s operations has continuously expanded due to the development of investment properties that truly cater to the demands of investors as the company offers sustainable investments which generate stable returns for investors.

Additionally, in the next 3-5 years, the company will expand its business by developing at least two investment property products in Phuket and Phang-Nga while considering further expansions to other tourism destinations or potential areas for investment which will allow the company to realize its income faster and grow exponentially in the future.

Those interested in investing or seeking more information, please call 062 245 9289 or 081 627 5259. To join the launch of Natai Medical Center & Resort on November 17th, 2020 at 13.00 hrs. onwards at Park Hyatt Bangkok, Ballroom on the 1st floor, please register for the event at 062 245 8656 or 062 245 9288.

Brother and Canon, Thailand’s two printer maker leaders, join hands to launch a campaign “Only the Genuine Will Know”

to encourage users to use only original ink and toner cartridges for higher print quality and long-term cost-effectiveness. 

3 November 2020 – Brother and Canon, Thailand’s two leading printer manufacturers, announced an initiative strategic partnership to launch a campaign “Only the Genuine Will Know” to raise awareness of the obvious advantages of using genuine printing consumable, both ink and toner, compared with compatible and counterfeit cartridges. The campaign is aimed at encouraging printer users to use only genuine ink cartridges for the best print quality, optimal printer performance, and long-term cost-effectiveness. Moreover, by using only genuine printing consumable, users do not run the risk of voiding their warranty and of health hazards and also help save the environment.

Mr.Teerawut Suppapunpinyo, Managing Director of Brother Commercial (Thailand) Limited revealed the details of the collaboration with Canon that it was found at the service centre that one of the major causes of printer failure is the use of compatible or counterfeit printing consumable which has had an adverse effect on Thai consumers. Therefore, Brother announced a joint initiative with Canon to launch a campaign “Only the Genuine Will Know” to encourage consumers to use only genuine printing consumable, and to develop awareness of the possible disadvantages of using compatible and counterfeit counterparts among users.

“In general, two common types of printing materials currently available in the market include ink and toner, which Brother offers both to satisfy the particular needs of all target customers. Each year Brother’s R&D team conducts research and develops the efficiency of printing consumable to ensure the customers’ satisfaction in all aspects whether it is the quality of printing, the cost of printing, ease of use, and health and environmental safety according to Brother’s philosophy of business “at your side”. added Mr.Teerawut Suppapunpinyo.

Mr. Na-ake Songsiri, Deputy General Manager of Sales and Marketing of Brother Commercial (Thailand) Limited said that Brother printing consumable, both ink and toner, acquire MSDS safety standards with the number of printable pages according to ISO standards. Therefore, users can be confident about the high quality of Brother printing consumable. Brother genuine printing consumable which can be verified at https://www.brother.co.th/th-th/support/genuine-supplies can be purchased both online and offline channels nationwide. To encourage users to use only genuine printing consumable, Brother is currently offering Naraya Exclusive Grand and Great bag, a special gift created especially for this project, to customers who purchase Brother genuine printing consumable.”

Mr. Hiroshi Yokota, President and Chief Executive Officer of Canon Marketing (Thailand) Co., Ltd. said that Canon and Brother, the two leading printer maker brands, have greater than 61% of the combining market share of inkjet printers and more than 50% of laser printers. With the policy focusing on maintaining quality standards of the products, customer care and protecting the customers’ interests, we are aware that the majority of consumers nowadays still do not know the differences between genuine printing ink and compatible or counterfeit products, the benefits of using genuine products and potential problems from using compatible and counterfeit products. Therefore, the campaign “Only the Genuine Will Know” is collaboratively organised to resolve an issue of misunderstanding of users by transforming their idea of “I think” into “I know”, which represents understanding of the advantages of using genuine printing materials comprising:

1. Higher print quality with sharp, detailed and clean printout
2. Covered by the product warranty, which will be voided if compatible and counterfeit printing materials being used
3. Hassle-free and reliable
4. Gaining full benefits including discounts, promotion and aftersales services” So that , we believe consumers can protect their rights and best interest, and most importantly that they will gain the best experiences with our products, which is our long-standing commitment according to our ‘Delighting You Always’ motto.”

Meanwhile Ms.Netnarin Chancharassuk, Director of Printer Product Group, Canon Marketing (Thailand) Co., Ltd. said that the print quality problems include dull colours, blurry or smeared printout, unwanted marks on the document, paper misfeed, faded colours, and clogged print nozzles, many cases of which are caused by the use of cheap, low-quality compatible or counterfeit ink or toner cartridges. With the quality inferior to the genuine printing materials which the users might be unaware, these third-party ink cartridges can damage a printer and print nozzles, and thus affect the quality of printout. Besides, when buying a printer with refilled ink from a shop or an online store, it is impossible for users to identify the genuineness of the refilled ink, or they might opt for cheaper ink because they are unaware of its lower quality. When there is an issue of print quality, they tend to assume that it is caused by the printer. This affects brand image and brand credibility of the printer manufacturer.

The campaign “Only the Genuine Will Know” aims to create understanding among printer users and the general public with four key objectives including:

1. To increase public awareness of the advantages of using printing materials and the disadvantages of using compatible and counterfeit products
2. To enable users to identify the genuine printing materials by checking and examining the hologram sticker on the package
3. To encourage users to purchase printing materials from certified retailers both from online and offline channels by purchasing a printer with ink bottles or ink cartridges on display which allow users to check and identify the genuineness of the product, rather than purchasing one with refilled compatible or counterfeit ink bottles or cartridges.
4. To enable users to use printing materials to their full potential with confidence in their quality and value for money as well as extension of the lifespan of printer.

The spread of the Covid-19 pandemic has led to the new normal lifestyle which has a tremendous impact on consumer behavior. Such daily activities at work and school have been shifted to online platforms and undertaken remotely, resulting in higher demands for printers and related products. This change has spurred sales growth of printers especially via online sales channels. However, with lower prices offered, users may face the risk of purchasing low quality, compatible or counterfeit ink and toner. In addition, Do-It-Yourself (DIY) has recently become an increasingly popular consumer behaviour which makes it more common for users to refill ink cartridges or replace toner cartridges themselves. Brother and Canon therefore created new easy-to-use and low-maintenance products and developed efficient channels like e-commerce and e-store to cope with future demands and facilitate efficient workflow of our customers. However, although the prices of genuine products are generally higher, consumers can be assured of their efficiency and long-term cost-effectiveness.

This campaign will be promoted through online and offline channels, and at point of purchase. In-store activities will be held and special gifts from Brother and Canon will be given today - 31 December 2020.