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New problems arose: a separate bottle of thinner was required, and the solvent used was known to contribute to ozone depletion. The company addressed these problems in July 1990 with the introduction of a reformulated "For Everything" correction fluid. The French corporation Société Bic acquired Wite-Out Products in 1992. [2]
It can become too thick to use, and sometimes completely solidifies. Therefore, some manufacturers also sell bottles of solvent as "thinner", a few drops of which will return the correction fluid to its original liquid state. To avoid the inconveniences of organic solvents (safety and availability), some brands of fluid are water-based.
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As of 2009 MSDSs list Liquid Paper as containing titanium dioxide, solvent naphtha, mineral spirits, resins, dispersant, and fragrances. [3] Liquid Paper came under scrutiny in the 1980s, due to concerns over recreational sniffing. The organic solvent 1,1,1-trichloroethane (TCA) was used as a thinner in the product. [4]
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In 1992, Bic purchased Wite-Out Products, an American brand of correction products, and subsequently reintroduced the correction fluid as Bic Wite Out. [17] In 2000, the Marne-la-Vallée factory opened. Two years later, the company launched BIC Sport kayaks, and the BIC Comfort 3 & BIC Soleil razors were both released soon after.
To be fair, Bic’s portfolio does include tech products, such as the cloud-connected, smart, and reusable notebooks made by Rocketbook, a company it acquired in 2020.