Arizona Chemical Announces Major Expansion In Europe.PANAMA CITY Panama City, city (1990 pop. 34,378), seat of Bay co., NW Fla., on St. Andrews Bay; inc. 1909. A Gulf Coast resort with amusement parks and excellent fishing, it is also a port of entry. The city's industries produce paper, clothing, and chemicals. , Fla.--(BUSINESS WIRE)--March 17, 1997--Arizona Chemical, a leading supplier of resins to the European printing ink industry, has announced it will build additional resin production capability in Europe. The expansion will nearly double capacity of high viscosity hard resins for offset ink to meet anticipated customer demands in the near future. The production lines will start-up in early 1998. This will be Arizona Chemical's second expansion in Europe since acquiring the ink resins business from DSM 1. DSM - Data Structure Manager. An object-oriented language by J.E. Rumbaugh and M.E. Loomis of GE, similar to C++. It is used in implementation of CAD/CAE software. DSM is written in DSM and C and produces C as output. in late 1995. In making the announcement, Arizona Chemical's President Jim Cederna said, "Adding more state-of-the-art ink resin production capability will offer the printing ink industry what it needs most -- a secure and dependable supply of rosin-based hard resins. We are committed to sharing in the growth of our customers by being a valuable long-term supplier to them." In Europe, Arizona Chemical offers a complete product line of ink resins and is recognized as a leader in the technology of high viscosity hard resins for offset and hydrocarbon resins for gravure. Arizona Chemical produces ink resins at its plants in Niort, France; Sandarne, Sweden; and Valkeakoski, Finland. The ink resin production at three European locations allows the company to reliably meet the growing needs of ink producers worldwide. "Having a secure source of rosin rosin or colophony, hard, brittle, translucent resin, obtained as a solid residue from crude turpentine. Usually pale yellow or amber, its color may vary from brownish-black to transparent depending on the nature of the source of the crude from our European tall oil refineries This is a list of oil refineries. The Oil and Gas Journal also publishes a worldwide list of refineries annually in a country-by-country tabulation that includes for each refinery: location, crude oil daily processing capacity, and the size of each process unit in the refinery. , to supplement gum rosin purchases, ensures us the raw material supply necessary to operate the new facilities to meet customer needs," Cederna added. Arizona Chemical, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of International Paper, is headquartered in Panama City, Florida Panama City is a city located along U.S. Highway 98 in Bay County, Florida. It is the largest city between Pensacola, Florida and Tallahassee, Florida. It is the larger (population wise) of two principal cities of the Panama City-Lynn Haven, Florida Metropolitan Statistical Area. , with five plants in Europe and six in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The company also has research and development capabilities and a network of sales offices throughout the world. Arizona Chemical is a leading supplier of specialty chemicals to the adhesives, ink and chewing gum markets worldwide. Its products are used to manufacture hundreds of items such as plastics, fragrances, adhesives, rubber products, inks and paints. The company employs more than 1,400 people worldwide. International Paper, the world's largest pulp and paper company, is a worldwide producer of printing papers, packaging and forest products. The company, headquartered in Purchase, New York Purchase, New York is a hamlet of the town of Harrison, in Westchester County. Its Zip code is 10577. Purchase is home to Purchase College, which is part of the State University of New York system, Manhattanville College, a private liberal arts college, and the headquarters , also operates specialty businesses and a broadly based paper distribution network. International Paper has 27 mills in the United States. The company operates in 31 countries, exports its products to more than 130 nations and employs more than 88,000 people worldwide. CONTACT: Arizona Chemical Rick Ouellette (904) 785-6700, ext. 456 |
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