The international printing ink manufacturer hubergroup is reorganising itself. From now on, the production and marketing of raw materials for printing inks and coatings will take place under the umbrella of the Chemicals Division.
The chemicals manufacturer focusses on materials such as PU resins and UV oligomers. With its extensive product portfolio, it is primarily aimed at primarily to the printing and packaging industry as well as the paint and coatings industry and chemical companies. The diversification and to divide the business into two divisions, Print Solutions and Chemicalsis a strategic corporate decision. The hubergroup is thus pursuing the goal of making its existing technological expertise available to a broader customer base.
"I am delighted that we have taken this step. As a printing ink manufacturer with over 255 years of history, we know what is important in the production of printing inks and the raw materials required for this. We not only want to incorporate this expertise into our own products, but also pass it on." Taner BicerPresident Chemicals Division hubergroup
Chemicals Division with greater customer proximity
The raw materials manufacturer with a Reactor capacity of over 250 kilotonnes per year primarily produces PU resins, UV oligomers, various polyesters, colour pigments and pigment preparations as well as additives to optimise paints and coatings in its own plants in India. The portfolio is to be successively expanded over the next few years. The Research & Development division is managed from India and Europe. The hubergroup's extensive global network enables the Chemicals Division to have a decentralised and therefore customer-oriented service and sales structure.
[infotext icon]hubergroup is one of the leading printing ink manufacturers in the world. The specialist for innovative solutions and technology relating to printing inks, printing auxiliaries and raw materials has its headquarters in Kirchheim near Munich. The Print Solutions division produces and sells printing inks and printing auxiliaries for packaging printing and commercial printing. The Chemicals division markets the raw materials produced in India, such as pigments, resins and additives. In 2019, the company generated annual sales of around 780 million euros. The hubergroup is represented worldwide with 3,700 employees in over 30 countries[/infotext]."The diversification is an important and correct signal internally to the workforce and externally to the market. We expect the Chemicals Division to make a significant contribution to the company's growth in the short to medium term. Alongside the Print Solutions Division, the Chemicals Division therefore represents an important pillar in our long-term strategic market positioning." Heiner KlokkersChairman of the Management Board of hubergroup
Source: hubergroup
