Merck Sells Pigments Business to GNMI
Merck transferred its Surface Solutions business to Global New Material International (GNMI), one of the largest manufacturers of pearlescent pigments.
pigments
New Deal to Boost Competitiveness
The EU Green Deal has hurt Europe's industry. The Clean Industrial Deal aims to improve this, but a change of mindset at the Commission is needed.
Eurocolour Elects New Presidential Board
Eurocolour, the European umbrella organization for manufacturers of pigments, dyes, fillers, and ceramic decoration products, welcomes four new members to its Presidential Board.
Pili Reaches Production Milestone for Biobased Anthranilic Acid
French biotech company Pili, a manufacturer of sustainable colorant and pigment, has produced several tons of anthranilic acid, a 100% biobased aromatic compound which the company already converts into dyes and pigments.
Symrise Expands Partnership with Kobo Products
German flavor and fragrance company Symrise has increased its stake in in US company Kobo Products, a pigment and powder specialist, to 49%. The transaction, said Symrise, creates further opportunities for both companies in the fields of mineral UV filters and decorative cosmetics. Kobo customers are also expected to benefit from expanded capacities and global supply chains.
Venator Investor Seeks Urgent Board Change
Venator’s second-largest investor, Czech private equity fund J&T MS 1 SICAV, is asking for a seat on the board of the UK-headquartered multinational pigments and additives producer, citing major concerns about its financial underperformance and massive shareholder value destruction.
Urbanization as a Growth Driver
Specialty chemicals company Lanxess is expanding its global production network for inorganic pigments and building a new plant in China for the Inorganic Pigments business unit. The new facility for high-quality iron oxide red pigments is being erected at a cost of €55 million at the chemical park in Ningbo, on the eastern coast of China.
