UCB acquires speciality chemicals firm
Belgium-based UCB has announced the acquisition of the Graphic Arts
business from Air Products.
In a new step to reinforce its position in surface technologies, Belgium-based UCB has announced the acquisition of the Graphic Arts business from Air Products.
This decision aims to complement UCB's Radcure technology and strengthen its leadership position in the Graphic Arts business by diversifying its application solutions for its customers.
The acquisition provides UCB with innovative liquid resins, including waterborne emulsion and solid acrylics for graphic arts applications including flexography on paper and films for food/cosmetic packaging and labels.
The acquisition also gives UCB the opportunity to further globalise these products outside the US, through its strong presence on the European and Asian markets.
This acquisition includes a production facility in Langley, South Carolina (USA) with 35 people involved. Sales generated by this business in 2002 were $17 million (€16.1m).
In a press statement UCB said that "the resins technology portfolio we now present for applications in graphic arts are state-of-the-art environmentally friendly technologies that represent a strong alternative to the existing solvent-based resins.".
