KIRCHHEIM, Germany—The international printing ink manufacturer hubergroup has repositioned itself. Effective immediately, the production and marketing of raw materials for printing inks and coatings will be handled by the chemicals division.
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 as the paint and coatings industry and chemical companies. To diversify and divide the business into two divisions—print solutions and chemicals—is meant to be a strategic corporate decision. hubergroup is thus pursuing the goal of making its technological expertise available to a wider range of customers.
Taner Bicer, president chemicals division hubergroup, commented on the launch of the new division: “I am pleased 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 them. We not only want to incorporate this know-how into our own products but are also happy to pass it on.”
The raw material manufacturer with a reactor capacity of over 250 kilotons per year produces mainly PU resins, UV oligomers, various polyesters, color pigments and pigment preparations, as well as auxiliaries in its own plants in India. The portfolio is to be successively expanded in the coming years. Research and development is managed from India and Europe. The hubergroup’s extensive global network enables the chemicals division to maintain a decentralized service and sales structure that is close to its customers.
Heiner Klokkers, CEO hubergroup, added: “Diversification is an important and correct signal both internally to the workforce and externally to the market. We expect the chemicals division to make a significant contribution to the growth of the company in the short to medium term. The chemicals division thus represents an important pillar in our long-term strategic market positioning alongside the print solutions division.”
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