Hercules Paper Technologies and Wisdom Adhesives announce distribution agreement

Dec 08, 2006. /Lesprom Network/. Effective immediately, the Paper Technologies and Ventures Group of Hercules Incorporated will become the exclusive distributor for Wisdom Adhesives products and services for the worldwide pulp and paper industry. Terms of the agreement were not disclosed. Wisdom Adhesives will continue with manufacturing activities and Hercules will manage the marketing, sales and service of the portfolio of adhesives products. Hercules will initially focus on the Tissue and Towel market segment and the products will be marketed under the Hercules Dimension brand name. “We see this as an excellent example of how we can strengthen our core business by moving into adjacent markets that expand our ability to provide new and innovative products to our customers,” said Paul Raymond, president, Hercules Paper Technologies and Ventures. “This agreement fits our growth strategy and underlines our commitment to serving the global pulp and paper industry.” “This is a new venture for both organizations that we are very excited about,” stated Jeff Wisdom, CEO, and 5th generation owner of Wisdom Adhesives. “Our customers will realize the distinct advantages of the tremendous resources of Hercules combined with Wisdom’s excellent adhesives product line.” Hercules Paper Technologies, formerly Pulp and Paper Division, is the world's largest and most technically advanced specialty chemical supplier to the pulp and paper industry. The comprehensive array of functional, process, and water treatment chemicals offered by the division are used in a variety of pulp and paper applications to improve productivity and/or the quality of the customer's finished product. In addition to providing the most complete range of chemical programs in the industry, the division also offers unmatched applications expertise with in-mill capabilities that run from the pulp mill, through the paper machine, to the finished paper on the winder.