Sun Chemical Acquires CT Lay to expand portfolio for plastic and security cards
Sun Chemical has acquired CT Lay.
Based in Modena, Italy, the company is a leader in pre-laid overlays, pre-patched holograms and, through its joint venture branch 4Plate, experienced in lamination plates and sophisticated lamination plates with security elements and plasma coatings.
‘The strategic acquisition will enable Sun Chemical to better serve its customers around the world,’ said Mehran Yazdani, president, Sun Chemical Advanced Materials. ‘The broad range of technologies and services provided by CT Lay and 4Plate will further strengthen Sun Chemical's portfolio of magnetic tapes, screen and security inks, and electronic materials for plastic and security ID cards.’
CT Lay provides its technologies to more than 70 countries worldwide. Over 500 million cards are produced annually with its stripe overlays as well as millions of governmental documents with its patch sheets.
Sun Chemical now offers one of the most technologically advanced product portfolios for the plastic and security cards market, including expanded manufacturing capabilities, technical service departments and sales teams to better serve its customers worldwide.