Printing inks remain its principal business.…GPI Corp’s Sun Chemical division develops the first pigmented flexo inks.…A.B. Deanna Utroske, CosmeticsDesign.com Editor, covers beauty business news in the Americas region and publishes the weekly Indie Beauty Profile column, showcasing the inspiring work of entrepreneurs and innovative brands.Copyright - Unless otherwise stated all contents of this web site are © 2020 - William Reed Business Media Ltd - All Rights Reserved - Full details for the use of materials on this site can be found in the In late August, the DIC Corporation (of which Sun Chemical is a subsidiary) announced having entered a definitive agreement with BASF to acquire the company's Colors & Effects global pigments business. Together with DIC, Sun Chemical has annual sales of more than $7.5 billion and over 20,000 employees supporting customers around the world. Myron Petruch, DIC executive officer and CEO of DIC’s group company being active in the pigments market, Sun Chemical, adds: “As a long- standing business partner of BASF, we value the expertise and engagement of BASF’s employees in the pigments business.
The deal is, of course, subject to approval. With BCE sectioned off as a subsidiary, the business was also neatly situated for acquisition. Sign up to our free newsletter and get the latest news sent direct to your inbox Ashland Haunschild has been leading the BCE since it became its own global brand in June of 2016. Sun Chemical also merges with Hartmann and Kohl & Madden to form one global company.… EB inks go commercial.
BASF is acquired.
In the short term, nothing will change for beauty makers … In late August, the DIC Corporation (of which Sun Chemical is a subsidiary) announced having entered a definitive agreement with BASF to acquire the company's Colors & Effects global pigments business. “As a long-standing business partner of BASF, we value the expertise and engagement of BASF’s employees in the pigments business,” said Myron Petruch, DIC Executive Officer and President and CEO of Sun Chemical, a subsidiary of DIC Corporation. Webinar
For DIC subsidiary Sun Chemical, the acquisition is a business boost: DIC has high expectations for sales growth over the coming years; and the BCE acquisition is a part of company’s strategy to meet those expectations. … About Sun Chemical Sun Chemical, a member of the DIC group, is a leading producer of printing inks, coatings and supplies, pigments, polymers, liquid compounds, solid compounds, and application materials. By Deanna Utroske
Webinar “The move improves our pigment footprint in Europe and underscores our commitment to delivering solutions tailored to meet the needs of our customers. In the short term, nothing will change for beauty makers who works with Sun Chemical or BASF Color & Effects as pigment supply partners. During the same year, The Morrill Company merges with Eagle, Sigmund Ullman, Fuchs & Lang and American to form General Printing Ink (GPI). Webinar Sun Chemical is acquired by Dainippon Ink and Chemicals (DIC). BASF Colors & Effects serves several industries including cosmetics. As the closing approaches, Sun Chemical's pigments business will increase as a result of the deal, the company will have some 30+ pigment production facilities around the world, making effect pigments, inorganic pigments, organic pigments, and specialty dyes as well as pigment preparations.The BASF Colors & Effects (BCE) subsidiary serves industries including coatings, plastics, printing, agriculture, and cosmetics. Lipotec In the same year, they acquire the phthalo pigment business from American Cyanamid.…Sun Chemical begins to manufacture pigments in Muskegon, Michigan.…The first water-based inks are introduced for use on paper and film.…Sun Chemical buys Federal Color Labs in Cincinnati, Ohio.…Sun Chemical begins to manufacture quinacridone out of its Newark, New Jersey, facility, marking the company’s entry into the high-performance pigments market.…Solvent-based flexo inks are created for use on polyethylene films.…Sun Chemical acquires Ansbacher-Siegle and begins to create a new division, known today as Performance Pigments.Sun Chemical Performance Pigments Division is one of the world’s leading producers of organic pigments and dispersions for use as colorants in printing inks, plastics, paints, cosmetics, textiles and specialties.
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