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Sun Chemical

Company Profile Analysis

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Sun Chemical - Food & Beverages showcase

Year Founded & Workforce

1945

20,000 Employees

Industry

Food & Beverages

Services

Organic Pigments
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Sun Chemical Employee Contacts

379 verified contactsNames, job titles, seniority and locations

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Sun Chemical Overview

Company Headquarters: New Jersey, United States

Founded: 1945

Workforce: ~20,000+

Company Working: Sun Chemical, a DIC Group company, is a prominent manufacturer of packaging and graphic solutions, color and display technologies, functional products, electronic materials, and automotive and healthcare products. Sun Chemical is a manufacturer of printing inks and pigments. Printing inks, coatings and supplies, pigments, polymers, liquid compounds, solid compounds, and application materials are all available. In addition, the organization offers brand protection and consulting services. Sun Chemical caters to the packaging, publishing, commercial, industrial, and digital industries. Sun Chemical collaborates with the DIC firm to promote and develop sustainable solutions that exceed consumer expectations and improve the planet. Sun Chemical Corporation, headquartered in Parsippany, New Jersey, USA, is a subsidiary of Sun Chemical Group Coöperatief U.A., the Netherlands.

Strategy

Sun Chemical’s Strategy is to provide innovative, sustainable, and measurable solutions. Company’s strategy leverages its knowledge in four critical areas: consumer, sustainability, efficiency, and compliance. This emphasis enables the company Strategy to deliver a one-of-a-kind service offering suited to brand and store goals, including innovative and responsible recommendations to assist customers in meeting their objectives. The company works together to develop methods for transforming the value of client business and measuring its success.

Company Snapshot

$4,000M

Revenue

20,000

Employees

1945

Founded

New Jersey, United States

Headquarters

SWOT Analysis

Strengths

  • Significant industry experience
  • Strong employee base
  • Robust in-house research and development capability

Weaknesses

  • Organization structure is only compatible with present business model thus limiting expansion in adjacent product segments
  • Replicable business model can allow the competitors to formulate the same policies

Opportunities

  • Scope for expansion in emerging markets
  • Accelerated technological innovations and advances
  • Company’s core competencies can be a success in similar other products field.

Threats

  • Fluctuations in the cost of raw materials
  • Competitive friction between the competing companies
  • Commoditization of the product segment

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Key Developments

DateApproachDevelopment
June 2021AcquisitionSun Chemical and DIC Corporation finalizes acquisition of BASF’s global pigments business. DIC Corporation has closed on the acquisition of BASF’s global pigments business, known as BASF Colors & Effects (BCE). The acquisition brings together the complementary portfolio of technologies, products, manufacturing assets, supply chain and customer service of the two companies to serve customers globally.

Product Offering

  • Sun Chemical
    • Organic Pigments

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