Wes Lucas

PARSIPPANY, N.J.—Dainippon Ink & Chemicals (DIC), Sun Chemical Corporation's parent company, announced today that based on the successful progress of integrating the management of DIC and Sun Chemical, Mr. Wes Lucas was able to hand over the Chairman position to Mr. Naoki Tsuji with effect from February 15, 2006. As a result, from February 15, 2006, Mr. Tsuji became Chairman of Sun Chemical, and Mr. Lucas resigned from the Board. Sun Chemical and DIC wish to thank Mr. Lucas for his leadership and positive impact during his tenure as Chairman of Sun Chemical DIC elected Tsuji as Vice Chairman of the Board on December

PARSIPPANY, NJ—Dainippon Ink & Chemicals (DIC), Sun Chemical Corporation's ultimate parent, has developed a strategy to gain significant synergies by integrating the management of DIC and Sun Chemical's operations and more closely coordinating their global management structure. This will create significant benefits in terms of better serving customers and reducing costs. To facilitate this, DIC elected on December 31, 2005 Naoki Tsuji and Kazuo Kudo to the Board of Sun Chemical Corporation. In addition, Tsuji will become Vice Chairman of the Board. Both Tsuji and Kudo have long and distinguished careers at DIC. Tsuji's current position is President, DIC Logistics, and Kudo's current position is

FORT LEE, N.J.—Sun Chemical Corporation today announced that Eastman Kodak Company will become the sole owner of graphic arts supplier Kodak Polychrome Graphics (KPG) through redemption of Sun Chemical Corporation's 50 percent interest in the joint venture. Completion of the deal, which will exceed $800 million in cash, is expected in April. Currently, Kodak and Sun Chemical each own half of KPG, a joint venture established in 1998. "Since its inception, KPG has grown into a highly successful leader in the graphic arts market based on a sound strategy and a world-class team, and is highly valued by both partners," said

More Blogs