The companys accounts for the year to 31 December 2001 show that turnover fell
3% to 340.46m, while its pre-tax losses climbed to 33.3m, an increase on the previous years 28.9m loss.
In the year prior to the purchase of Coates Lorilleux from TotalFina, Suns pre-tax losses were just 8.6m.
The company's subsidiaries include Sun Chemical Inks (Ireland), Sun Chemical Investments and Coates Brothers. Its ultimate parent company is Dainippon Ink and Chemicals.
Both Sun Chemical director Richard Pettifor and Sun Chemical Europe senior vice president David Meldram were unavailable for comment as PrintWeek went to press.
Have your say in the Printweek Poll
Related stories
Latest comments
"This is a repeat of what happened to 1066 Capital t/a Crystal a year ago. They also never put this company in administration.
We are all still left unable to claim the redundancy and notice pay owed..."
"Totally agree"
"Best wishes to everyone involved. Nice to have a good story to read in Printweek."
Up next...

Short-grain 48pp Lithoman still in situ
Walstead closes York, but still hopes for reprisal

No power or software needed
Tech-ni-Fold innovates with new web creaser

Start-up starts printing
Wolf & Flower blossoms following first Mimaki install

Revoria PC1120 installed