Fuji Hunt And Cork Industries Form Strategic Partnership

Press release from the issuing company

ALLENDALE, N.J., Oct., 2003 -Fuji Hunt Photographic Chemicals, Inc., a prominent supplier of quality products for the photographic, graphic arts, and specialty chemical industries, and Cork Industries, a leading innovator and manufacturer of water based, ultraviolet (UV) and electron beam (EB) curable coatings, varnishes, and adhesives, formed a strategic partnership today to manufacture aqueous coatings for the global sheetfed litho market. According to Frank McDonnell, president, Cork Industries, this important partnership reinforces the continued commitment by Fuji Hunt and Cork to the graphic arts and packaging industries. "Cork has experienced tremendous market share growth in aqueous coatings recently, which led us to seek a strategic partner to manufacture and distribute our full line of aqueous coatings, and represent our line of UV/EB coatings as well," said McDonnell. The combination of Fuji Hunt's manufacturing expertise with the formulary designs of Cork Industries will ensure customers receive 'best in class' products from two world class companies. "Our customers will derive some of the best synergies this industry has experienced on the chemical side in many years. Customers will benefit from Fuji Hunt's ISO 9002/14001 Certification so that we maintain product integrity, and Cork will continue to service and perform technical research and development support on its aqueous coatings in a market that demands immediate response and action," said Chuck Pascarelli, vice president and general manager, Fuji Hunt Photographic Chemicals, Inc. The partnership between Fuji Hunt Photographic Chemicals, Inc., and Cork Industries will create a market dynamic that allows the customer to become the focus through combined expertise in: * Innovative research and development * ISO manufacturing * Technical support and expertise * Global sales support * Custom formulating * Personalized customer service * Just-in-time scheduling * Best-in-class products * Worldwide resources and financial strength