Industry News

Sun Chemical Acquires Unique Brand Protection Technology

Published on 2004-10-08. Author : SpecialChem

FORT LEE, NJ -- Sun Chemical Corporation, the world's foremost ink manufacturer, announced that it has acquired the brand protection assets of Veritec Group, Inc., including the Veritec trade names.

Veritec (also known as Verification Technologies, Inc.) provides technology and services to protect product integrity and brand security, including covert on-package verification systems, portable field units for forensic "on-site" authenticity testing, high speed robot authenticity testing for screening thousands of samples, process patent compliance testing, and authenticity technology development. Veritec's technology is relevant to major consumer goods companies, and offers "track and trace" capabilities throughout the supply chain.

"This acquisition reflects the commitment of Sun Chemical's strategy to build its brand protection security business," said Richard Pettifor, corporate vice president, Sun Chemical.

According to Steve Postle, Sun Chemical's director of technology, Veritec offers two commercial technologies; Verigard 1000, an authenticity verification system that uses forensic technology, and Verigard 300, an invisible inkjettable taggant system.
"These technologies further our goal of providing brand owners a differentiated basket of solutions," Mr. Postle said.
Veritec will continue to operate out of its headquarters in Centerbrook, CT, which will also serve as Sun Chemical Security's global technology center, according to Mr. Postle.

About Sun Chemical

Sun Chemical, the world's largest producer of printing inks and pigments, is a leading provider of materials to packaging, publication, coatings, plastics, cosmetics, and other industrial markets. With annual sales of more than $3 billion, Sun Chemical has over 12,000 employees supporting customers around the world. The Sun Chemical Group of companies includes such well-known names as Coates Lorilleux, Gibbon, Hartmann, Kohl & Madden, Swale, Usher-Walker , Rycoline and US Ink. In addition, Sun Chemical has many joint ventures, with the largest being its $1.5 billion Kodak Polychrome Graphics (KPG) joint venture with Eastman Kodak. KPG is a world leader in prepress products, services, and equipment.

Sun Chemical Corporation in the U.S. and Sun Chemical Limited in England are subsidiaries of Sun Chemical Group B.V., the Netherlands. Sun Chemical has headquarters in Fort Lee, New Jersey, U.S.A.; Watford, England; and Weesp, the Netherlands.

Source: Sun Chemical

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