Consolidation, evolving print markets have changed the way the resin market looks compared to just a decade ago.
David Savastano, Editor05.15.17
Industries can change dramatically over time. For example, the resin business has undergone major transformations. A look back at the 2007 Ink World Buyers’ Guide shows just how different the resin industry looks today.
Major players like Air Products & Chemicals, Arez International, Ciba Specialty Chemicals, Cognis, Cytec Industries, Hexion Specialty Chemicals, MeadWestvaco and Rohm & Haas were industry leaders in their respective fields in 2007; now, these suppliers have been consolidated, with BASF (Ciba and Cognis), Evonik (Air Products & Chemicals), Hydrite (Rohm & Haas), Ingevity (Mead Westvaco) and Alvar (Arez) acquiring these companies. (Hexion is a different matter; after a series of moves, they had acquired what had originally been Lawter, which eventually was divested and is now back under its original name.)
Before 2007, industry leaders like Akzo Nobel Resins (Hexion), Johnson Polymer (BASF) and Noveon (Lubrizol) were similarly acquired. A
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