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ANTI-counterfeiting group YPB says it has started to supply invisible tracer, ink master batch and scanners to its customers in China.
The company says the contracts are worth up to $26 million. The technology will be instrumental in protecting hundreds of millions of items in China from counterfeiting.
As a result of these contracts, YPB has significantly ramped up its tracer production capacity to meet the requirements.
Major clients for YPB include Shenzhen Shensaier, which will use the YPB tracer and scanner technology to protect its tobacco products, and Hicap Closures, which supplies bottle closures.
The YPB tracer technology will be applied to protect up to 2 billion bottle closures, cigarette packs and alcohol bottles, through the ink on the labels.
According to YPB, the commencements of shipments followed extensive factory and customer trials, and is one of the most important milestones achieved by the company.
The invisible tracer material can be embedded into products and packaging during or after the manufacturing process. The tracers are inexpensive and cannot be seen, removed or destroyed.
The tracer can however be detected using YPB’s handheld scanner to determine if the product is real or fake.
YPB has also built a platform called Brand Reporter, which governments, brands and consumers can use to identify, manage, track and report counterfeit or divergent products within supply chains or at point of sale.