hubergroup bundles chemical expertise in a separate division

hubergroup diversify and split up the business organization into ii divisions that is Print Solutions and Chemicals. Photo - hubergroup

The international printing ink manufacturer hubergroup is repositioning itself. Effective immediately, the Chemicals Division will handle the production and marketing of raw materials for press inks and coatings. The chemicals manufacturer is focusing on substances such as PU resins and UV oligomers, among others. With its extensive product portfolio, it is primarily aimed at the printing and packaging industry as well every bit the paint and coatings industry and chemic companies.

To diversify and split up the business into two divisions — Print Solutions and Chemicals — is a strategic corporate decision. hubergroup is thus pursuing the goal of making its technological expertise bachelor to a wider range of customers.

Since hubergroup already produces about 75% of the raw and intermediate materials for its own ink industry, selling these materials to other manufacturers is not new for the company. The setting up of the new Chemical Division seems a way of leveraging the company's knowhow and manufacturing capacity by increasing the focus and sales volumes of this opportunity.

Taner Bicer, president-Chemicals Partition hubergroup, comments on the new division's launch, "I am pleased that we accept taken this step. As a printing ink manufacturer with over 255 years of history, nosotros know what is of import in the production of printing inks and the raw materials required for them. We not only want to incorporate this know-how into our own products just are besides happy to laissez passer it on."

Joint R&D

The raw material manufacturer with a reactor capacity of over 250 kilo tons per year produces mainly PU resins, UV oligomers, various polyesters, color pigments, and pigment preparations, as well as auxiliaries in its own plants in Vapi and Daman in Bharat. The portfolio is to exist successively expanded in the coming years. Research & Development is managed from Republic of india and Europe. The hubergroup'due south all-encompassing global network enables the Chemicals Segmentation to maintain a decentralized service and sales structure that is shut to its customers.

Heiner Klokkers, chief executive officer, hubergroup, adds, "Diversification is an important and correct signal both internally to the workforce and externally to the market place. We expect the Chemicals Sectionalization to make a significant contribution to the visitor'south growth in the brusk to medium term. The Chemicals Partition thus represents an important colonnade in our long-term strategic market place positioning alongside the Print Solutions Division."

hubergroup is 1 of the world's leading printing ink manufacturers. Headquartered in Kirchheim near Munich (Frg), the visitor has made a proper noun for itself worldwide as a specialist in innovative solutions and technology for press inks, printing aids, and raw materials. The chemicals group is constantly developing its business model and opening up new markets and target groups.

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