Consolidation has had a major impact on the vehicles and varnishes market.
Dave Savastano, Editor07.31.15
The vehicle and varnishes market has undergone
major changes in recent years. Of all the major
categories within the ink industry, varnishes have
arguably undergone the most consolidation.
A look back at the Ink World Buyers’ Guide from 2005, just 10 years ago, shows the dramatic changes the varnish segment has undergone in just the past 10 years. In 2005, there were quite a few varnish suppliers, including:
• Alvar, Inc.
• Hexion (previously Lawter and then Eastman Resins)
• Inksolutions, LLC
• Kustom Group
• Var-Chem Products
Fast-forward 10 years, and the varnish market has dwindled. Kustom Group acquired Var-Chem in 2010. In 2014, Kustom Group acquired the varnish operations of Lawter, which had reformed out of Hexion, and the overprint business of Lubrizol Advanced Materials, which had acquired Noveon.
Today, there are only a few varnish manufacturers left, most notably Alvar, Inksolutions, Kane International a
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Ink World magazine has tracked the growth of the ink industry and its allied industries through years of changes, technology, evolution, consolidation and market development. No other magazine has been around for as long or covered as much of the global printing ink business. This website is dedicated to providing in-depth industry coverage and late-breaking news.
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