New Tech Exec, Businesses at Sun Chemical

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By: E&P Staff

Ink and pigment maker Sun Chemical Corp. of Ft. Lee, N.J., this week announced the appointment of Cynthia Arnold as chief technology officer. Technology vice president at Eastman Chemical Co. since April 2003, she earlier was president of a General Electric-Bayer joint venture.

Arnold takes over from and reports to David Hill, who remains senior vice president, technology and operations, at Sun Chemical and a member of the company’s senior leadership team. He is responsible for growth initiatives through technology and product innovation, as well as overall operational quality and efficiency.

Arnold also leads Sun Chemical’s global technology and quality organizations, is expected to “identify, establish and drive key commercialization initiatives,” and will be acountable for global R&D and quality organizations and, indirectly, for global technical service organizations.

Last month, Sun Chemical acquired all shares of Chicago-based Rycoline Inc. — a move described by Sun Chemical Chairman, President and CEO Wes Lucas as a next step in his company’s total solutions strategy for the printing industry. He added that the acquisition also shows “commitment to creating value for the customer by optimizing the combined performance of the ink, founts, blankets and wash for superior printing efficiency.”

Under the Rycoline, Sun Graphic and Rogersol brands, the Rycoline Inc. Group of Companies’ products include a full line of fountain solutions, blanket and roller washes, silicone and silicone-replacement products, overprint coatings, printing blankets and miscellaneous products from aerosols to antistatic products. Rycoline has production facilities in Chicago; Clifton, N.J.; Atlanta; Adelanto, Calif.; Fort Worth, Texas; and Pompano Beach, Fla.

Sun Chemical also said it intends to acquire the assets of CBS Printas, the printing inks business of Turkey’s publicly traded CBS Holding.

Based just outside Istanbul, CBS Printas supplies paste inks to publication and commercial printers from the Balkans to the Middle East, where Sun Chemical, the largest maker of printing inks, already supplies ink through its Coates Lorilleux division, primarily liquid inks for packaging.

Lucas called “Turkey and the Middle East “a growing market for high-quality printing. Turkey’s two largest dailies, Hurriyet and Sabah, are major customers of CBS Printas. Upon completion of the transaction, the company will be known as Sun Chemical Printas.

The Sun Chemical Group employs more than 12,500 and has annual sales exceeding $3 billion. Its largest joint venture is with Eastman Kodak — the $1.5 billion Kodak Polychrome Graphics prepress products, services and equipment company. Sun Chemical Corp. in the United States and Sun Chemical Ltd., Watford, England, are subsidiaries of Sun Chemical Group B.V., the Netherlands.

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