Sun Chemical Acquires SAPICI

Sun Chemical acquires SAPICI, a global leader in coatings, flexible packaging, industrial adhesives and high-performance polyurethanes. With the acquisition of SAPICI, Sun Chemical strengthens its integrated supply strategy in the packaging market by adding capabilities to develop and manufacture unique polymers for its entire inks, coatings and lamination adhesives portfolio.

A unique polymer portfolio

The combined resources and technologies of DIC/Sun Chemical and SAPICI will provide a comprehensive and unique polymer portfolio for areas such as industrial coatings, elastomers, industrial adhesives and sealants. The acquisition of SAPICI will transform Sun Chemical into an integrated player in the lamination adhesives market, and the company will have direct assets, technologies and resources to develop its product portfolio.

The most effective solutions in the market

Mehran Yazdani, President of Sun Chemical Global Packaging and Advanced Materials, said: "Delivering the most effective solutions in the market to our customers is our top priority, and the acquisition of SAPICI enables innovation in lamination adhesives to better serve this foundation. "SAPICI's core competencies in manufacturing ultra-low monomer isocyanate-based solutions will enable Sun Chemical to further address both current and future trends in sustainability, compliance, food contact, health and safety, and will strengthen our commitment to responsible care." SAPICI CEO Cristian Furiosi said: "Our team, by combining forces with industry leader Sun Chemical, can leverage its extensive resources for the next wave of innovation in coatings, adhesives, elastomers and sealing product applications, and ultimately continue to improve the products our customers rely on every day. The extensive experience and product portfolio our organization has in this market, combined with the expertise and complementary products of Sun Chemical and DIC Corporation, provides a comprehensive solution to excite our customers."   Source