Had net sales of $4.42 billion, an increase of 2.2% compared to the 1Q 2020, and generated net cash of $431 million compared to $303 million in 1Q 2020.
Full-year sales were $2.8632 billion, down slightly from $2.881 billion in 2018, with operating income of $156.8 million, down from $178.6 million last year.\
The new location includes new high-performance dispersion units for printing ink production, equipment for the production of water-based and UV coatings.