PRESS RELEASE
Contact(s):
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| Chris Morrissey
Sun Chemical
Phone: +1-708-236-3533
chris.morrissey@na.sunchem.com |
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Sun Chemical To Acquire Bayer Corporation's Organic Pigments Plant Located at Bushy Park, South Carolina
Fort Lee, NJ
- February 19, 2002 -- Sun Chemical Corporation, the world's leading manufacturer of printing inks and organic pigments, has agreed to purchase Bayer Corporation's organic pigments business, located in Bushy Park, South Carolina. Pending approval by regulatory groups, transfer of ownership is expected April 1, 2002.
The Bushy Park, South Carolina, facility manufactures Bayer's Indofast®, Perrindo®, Quindo, and Palomar® pigments. These organic pigments are used in coatings for automotive, industrial and architectural applications and for coloring plastics and fibers. The Bushy Park facility employs approximately 180 people.
About Sun Chemical
Sun Chemical, the world's largest producer of printing inks and pigments, is a leading provider of materials to packaging, publication, coatings, plastics, cosmetics, and other industrial markets. With annual sales of more than $3 billion, Sun Chemical has over 12,500 employees supporting customers around the world. The Sun Chemical Group of companies includes such well-known names as Vivitek, Coates Lorilleux, Gibbon, Hartmann, Kohl & Madden, Swale, Usher-Walker and US Ink. In addition, Sun Chemical has many joint ventures, with the largest being its $1.5 billion Kodak Polychrome Graphics (KPG) joint venture with Eastman Kodak. KPG is a world leader in prepress products, services and equipment.
Sun Chemical Corporation in the United States of America and Sun Chemical Limited in England are subsidiaries of Sun Chemical Group B.V., the Netherlands. Sun Chemical has headquarters in Fort Lee, New Jersey, U.S.A.; Watford, England; and Weesp, the Netherlands. For more information, please visit our Web site at www.sunchemical.com.
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