PRESS RELEASE

Christopher Morrissey
Sun Chemical Corporation
Phone: 708-236-3533
chris.morrissey@na.sunchem.com

Nelson becomes Chief Procurement Officer of Sun Chemical

Fort Lee, NJ - March 18, 2003 -- Greg Nelson has joined Sun Chemical as Corporate Vice President and Chief Procurement Officer, responsible for leading the company's strategic sourcing and procurement function. Mr. Nelson will report directly to Wes Lucas, Chairman, President and Chief Executive Officer.

"Mr. Nelson is recognized as one of the world's leading strategic sourcing and purchasing professionals with over 25 years experience in major chemical companies including Exxon, Union Carbide and Dow Chemical," Mr. Lucas noted. "His professional, functional and industry knowledge are a perfect fit for Sun and our needs; he is a remarkable leader and a very experienced chemicals executive who has worked in a wealth of positions in operations, technical, engineering, commercial, business planning, and enterprise-wide purchasing."

Mr. Nelson most recently was the purchasing leader at Dow Chemical, where he led an 800 person global organization.

His career accomplishments are on a global scale with responsibility for large, diverse organizations around the world. As head of procurement for both Union Carbide and Dow Chemical, Mr. Nelson has achieved outstanding success throughout his career; he has introduced world-class procurement strategies, state of the art e-procurement technologies and has led major change management initiatives, in particular, when Dow selected him to champion the multi-billion dollar purchasing synergy project when they acquired Union Carbide.

Mr. Lucas added, "what I like about Greg is that he is a world-class business leader first, and then uses his functional expertise in purchasing to add value and impact the organization."

Mr. Nelson holds a degree in engineering from Cornell University.