Sensient Technologies Acquires Kimberly-Clark Printing Technology
ESCONDIDO, Calif. Sensient Technologies Corporation has acquired Kimberly-Clark
Printing Technology, Inc. from its parent company, Kimberly-Clark Corporation.
The business will operate as Formulabs, Inc., a Sensient Company, and report
into the Sensient Color Division located in St. Louis, Missouri.
Sensient Technology Corporation is a leading global supplier of colors, flavors,
fragrances and since 1997 inkjet inks and materials. Using sophisticated
technologies at facilities in 15 countries around the world, the company develops,
produces and markets unique formulations and ingredients for cosmetics and pharmaceuticals,
as well as colors and flavors for many of the world's best known brands.
"This acquisition adds new products and markets for our fast-growing line
of technical colors," said Kenneth P. Manning, chairman and CEO of Sensient
Technologies. Formulabs' product lines open several new markets to Sensient
Technologies, including wide-format graphic, textile and other industrial inks.
John Blake, general manager of Formulabs states, "The acquisition greatly
enhances Formulabs' capability to continue to formulate and produce high
quality inkjet inks. Access to Sensient Color's high purity dye technology
gives Formulabs a significant advantage in the market." The transaction
also enhances Sensient Color's inkjet product development and manufacturing
capabilities.
Formulabs, Inc., founded in 1949, has its laboratories and headquarters in
Escondido, Calif. The company is a long-time leader in ink technology. Formulabs'
inkjet inks for desktop, wide-format, and special applications have been serving
the imaging industry since 1987.
Contact Formulabs, Inc. at (760) 741-2345.
This article originally appeared in the January 2002 issue of Recharger.