Sun Innovations

The Sun Innovations are the Novosibirsk company implementing the venture project on production of nanoink and the equipment for hi-tech types of digital printing. "San" — the only developer in Russia and the producer of digital large-format jet UF-printers and UF-ink.

Shareholders

Stocks of Sun Innovations Ltd company are distributed thus:

• 55% - at founders are the companies,
• 25% plus one action - Rusnano,
• 19% — the second investor.

Management

In Board of Directors 4 places are assigned to founders, 2 — to Rusnano and one more — to the co-investor.

Natalya Stasyuk is the CEO of San company

Performance Indicators

At the end of 2008 turnover of San made 350 million rubles. The staff of the company as of summer of 2009 totals about 300 people. In the world work 108 UF-and UF-LED-printerov of production "San" now and also 932 solvent printers. "San" already now monthly produces up to 20 tons of Sunflower NANOink ink.

Investments

The Rusnano corporation became the co-investor of the project on production of nanoink and the equipment for hi-tech types of digital printing. The project investment cost of San company, makes 1.114 billion rubles, including a share of Rusnano — 166 million rubles.

As Ошибка цитирования Неверный вызов: нет входных данныхNatalya Stasyuk told CNewshttp://www.cnews.ru/news/top/index.shtml?2009/09/23/363007, the CEO of San company, the second investor of the project became large Russian Financial Corporation which name does not reveal. The raised funds are necessary to San on continuation of the current projects (among them — creation of flexible ink, development of electronics, creation of printers of new type) and also on production expansion. "This money will allow us to purchase the new equipment, to finish new developments and quicker to implement technologies in serial production" — Natalya Stasyuk says. According to her, the company receives more orders now, than can make.

By words Stasyuk, a payback period of the project will make about 3 years (Rusnano calls 2.5 years), the planned revenue in 2017 (in 7 years after the beginning of the project) — about $1 billion. Now there is a registration of new closed joint stock company, and money of investors will begin to arrive in November of this year.

Products

The systems of a digital large-format jet UV printing — the UF-printer and UF-nanochernila will become products of the project. Also within the project in product quality supplementing a product line it is going to produce solvent nanoink. The printers and ink produced using nanotechnologies allow to apply the image not only to promotional products and polygraphy, but also to furniture facades, a tile, glass, the equipment and electronics, stretch ceilings and a panel. They can be applied in polygraphy, production of construction materials, furniture, home appliances, and further — in creation of photo cells and printed circuit boards.

Work plan

Until the end of 2010 extra developmental works will be performed (development of composition of ink for different models of printing heads and different base materials, upgrade of architecture of the printer from accounting of transition to its serial production). New production lines are going to start by the beginning of 2011. According to the CEO of San, now production is based on leased squares in the city of Berdsk (Novosibirsk region), near head office of the company. It was open in 2006. The involved investments will allow to construct the new plant: it will be located in the science city of Koltsovo of the Novosibirsk region.

Let-out San printer SUN NEO UV-LED Evolution, by estimates "Rusnano", can occupy up to 25% of all market of UF-printers.

Comments of analysts

"Rusnano sounded very attractive digits of payback of the project — 2.5 years — Alexey Kurasov, the expert of Finam comments. — For comparison, in the real estate market now the similar indicator is 5–8 years, projects, comparable on capital intensity, in the field of production of the hi-tech equipment — 4–6 years. It is obvious that calculations of Rusnano are connected with uniqueness and demand (in particular, in the advertizing market) the Novosibirsk technology. However, if someone from competitors is able to duplicate it and will begin to advance actively, the schedule of return of investments can be moved up".

History

The company began the activity in 1998 as the supplier of the import equipment and supplies for large-format printing.

In 2005 San created own research laboratory and the service center, and in 2006 opened production of printers on own technology.

In 2007 the company began to prormote the production in international market. Ink was also developed for printers using nanodimensional pigments and additives (they received the name Sunflower NANOink) and superbright UF-LEDs on the basis of heterostructures of nitride of gallium for printers.

Branches

San branches work in Moscow, Yekaterinburg, Samara, Irkutsk, St. Petersburg, Rostov-on-Don, Kazan and also at Ukraine (Kiev) and in Kazakhstan (Almaty). The distribution network "San" includes representatives in France, Germany, Italy, Spain, Portugal, Australia, Great Britain, Greece, India, the Czech republic, the United Arab Emirates.

Interesting Facts

The Sun Innovations "offended" Van Gogh: its Sunflowers will not get to Colombia

The samples of printed materials of Sun Innovations executed in the unique equipment of large-format 3D printing are delayed at the Russian customs – very much they are similar to originals of art rarities. The sending with printing samples for clients from Colombia sent by the Novosibirsk Sun Innovations was delayed the other day at customs of one of the Moscow airports. The reproduction managed to disorient valorous customs officers the well-known picture of Van Gogh Sunflowers: it was printed on a special canvas using the equipment of the volume printing imitating brush dabs. The unprepared and unsophisticated audience and experts took this sample for the original reduced copy of the great work written by oil in a century before last. High quality of printing played with innovators from SAN an intricate joke: the Russian government employees suspected that the reproduction represents special value in terms of culture and prohibited its sending without special permission of Ministry of Culture of the Russian Federation.

"We often send to clients printing samples that those could estimate quality of operation of our printers, quality of our unique ink, – the deputy CEO of SAN company of Radchenko Alexander comments on a customs incident. – Normal practice. And, these samples - not only on a canvas or fabric: our printers print on glass, plastic, a tree, water – on anything, on any flat surface, practically without having restrictions".

Volume printing became possible thanks to unique properties of the ink developed by chemists of SAN Company: they are put a layer behind a layer and instantly cured under the influence of LEDs. This technology – a know-how of the Novosibirsk innovators. Height of a "narashchyonny" layer can reach 6 mm, and on this indicator of competitors in the world at SAN is practically not present. Applications to such invention a set, beginning from use in an interior (dressing of wall panels, production of reproductions of pictures and so forth) and finishing with printing of plates Braille's font – for visually impaired people".

Notes