2724 Loker Avenue West
Carlsbad, CA 92010
Phone: (760) 930-1600
Fax: (760) 930-1603
Email: email@example.com www.sensientinkjet.com
Sales: $55 million in inkjet inks; $ 1.33 billion (overall)
Key Personnel: Kenneth Manning, chairman, president and CEO; John Collopy, VP and treasurer; Christopher Daniels, VP, human resources; John Hammond, SVP, general counsel and secretary; Richard Hobbs, SVP and CFO; Paul Manning, president, Colors Group.
Major Products: Water-based pigmented and dye-based inkjet inks for desktop printers; water-based, solvent-based, oil-based and dye-based inkjet inks for wide format, textile and industrial applications.
Comments: A worldwide leader in inkjet and colorant technology, Sensient Technologies is the world’s leading supplier of flavors, fragrances and colors used to make a diverse variety of foods and beverages, pharmaceuticals, cosmetics, home and personal care products, specialty printing and imaging products, computer imaging and industrial colors.
In 2010, Sensient achieved record revenue of $1.33 billion and record earnings of $107.1 million. The largest division, the Flavors & Fragrances Group, accounted for $809.1 million in sales in 2010, an increase of 4.7%. Inkjet inks and colors account for 12% of the Colors Group sales for Sensient, which increased 19.4% in 2010 to $447.5 million from $374.8 million in 2009.
In particular, Sensient’s Formulabs and SensiJet desktop inkjet ink sales are strong. The company has developed positions at the leading OEM desktop printers, and has formulated more than 150 ink sets for the market. The company also has developed inks for wide format and textile markets, including its ElvaJet pigmented inks for polyester.
In late 2011, Sensient Technologies announced that it is investing $22 million in its capabilities and production of textile and industrial inkjet inks at its facilities in Morges, Switzerland.
“With this investment, we are continuing to secure our leadership position not only in digital inks, but also in the global industrial ink market,” said Kenneth P. Manning, chairman, president and CEO of Sensient Technologies. “We see a significant opportunity to grow our digital inks business and to meet the long-term needs of our customers. Our investments ensure that we will remain in the forefront of the industry with cutting-edge technologies and state-of-the-art facilities.”