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Sun Chemical Purchases Turbon's Toner Manufacturing Business

FORT LEE, NJ - June 1, 2001 -- Sun Chemical, through its toner manufacturing company Coates Electrographics, announced today that it had acquired the bulk toner manufacturing business of Turbon International Inc., located in York, PA (USA). The announcement was made by Richard Martin, Managing Director, Coates Electrographics.

"While Turbon will cease to manufacture toner powder, it will continue its presence as a market leader in the manufacture, sales and distribution of components, as well as finished products for the printer supplies industry," Mr.Martin indicated. "The arrangement between Turbon and Sun Chemical (through Coates) will build upon the successful relationship that has existed for some time between the two companies, and will provide a continuing supply of high quality bulk toner to Turbon on a worldwide basis," he added.

Coates Electrographics will lease a portion of Turbon's York's facility and welcomes into the company the York toner manufacturing team, who bring with them many years of experience and expertise in the field of powder toner development and production. The purchase also includes Turbon's much respected toner technology, which will further strengthen Coates' prominent technical position in the toner marketplace.

The York operation will continue to be headed by Dr. Claude Aubert, a veteran of the toner industry, who will report directly to Ian Gammage, global General Manager of Coates' toner businesses. Through this acquisition, Coates Electrographics continues to grow its position as a leading global toner producer with operations at Midsomer Norton (UK), Dallas, PA, (USA) and York, PA (USA).

Coates Electrographics has been developing and manufacturing liquid, mono-component and dual-component toners for almost 30 years, offering high quality products designed for specific copiers and printers, and supported by close, expert technical liaison. The company is part of the Sun Chemical family, the world's largest manufacturer of high quality printing inks and organic pigments.

With headquarters in Fort Lee, New Jersey, U.S.A.; Watford, England; and Soest, the Netherlands, Sun Chemical owns and operates manufacturing, sales, service and technical facilities throughout North America, Europe, Latin America and the Caribbean. The Sun Chemical family of companies employs more than 14,500 people worldwide and includes such well known names as Coates Lorilleux, Usher-Walker, Gibbon, Hartmann, Kohl & Madden, Heritage and US Ink. In addition, Sun Chemical's joint venture with Eastman Kodak, Kodak Polychrome Graphics, is a world leader in prepress products.

Sun Chemical Corporation in the U.S. and Sun Chemical Limited in England are subsidiaries of Sun Chemical Group B.V., the Netherlands. For more information about Sun Chemical, visit our web site at http://www.sunchemical.com.