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Colour Chem to increase its shareholding in Vanavil
F O C US ‘Focus on Pigments’, Mar 2003, 5). Schulman remains the third largest company in the North American plastics compounding sector. Press release from: A Schulman Inc, 3550 West Market Street, Akron, OH 44333, USA. Website: http://www.aschulman.com (8 Apr 2003) & Plastics News, 8 Apr 2003 (Website: http://www.plasticsnews.com)
COMPANIES British Vita acquires Synco Effective 1 April 2003, British Vita plc paid $2.1 M cash to acquire Synco from Cognis (formerly Henkel). Synco makes colour and additive plastic masterbatches at Campo Bisenzio (near Prato, Italy). It has 28 employees and last year recorded sales of €6 M. All the employees will be retained and the company’s name will be changed to VTC Synco Srl. Plastics News, 10 Apr 2003 (Website: http://www.plasticsnews.com) & European Chemical News, 7 Apr 2003, 78 (2047), 6
Cary to sell for Moly-White Moly-White Pigments (of Cleveland, OH) has appointed The Cary Co of Addison, IL, as exclusive distributor of its Moly-White corrosion inhibitors in northern Illinois, Wisconsin, Minnesota, western Michigan, Iowa and northern Indiana. Paint & Coatings Industry (PCI), Mar 2003, 19 (3), 20
Colour Chem to increase its shareholding in Vanavil Colour Chem, which is majority controlled by Clariant, has launched an open-market offer to buy up to 986,000 shares in Vanavil Dyes & Chemicals at Rup 45.90 per share. If fully successful, this would raise Colour Chem’s stake in Vanavil from 56% to 86%. Vanavil manufactures phthalocyanine and other organic pigments at Cuddalore (Tamil Nadu). The Hindu, 25 Apr 2003, 126 (98), 17
DyStar on the block Deutsche Bank has been set the task of finding a buyer for the DyStar textile colorants business, currently owned 35% by Aventis, 35% by Bayer
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and 30% by BASF. A purchase price of €400-450 M has been suggested, which would including taking over DyStar’s outstanding debts. Negotiations are underway with six different investment groups. Chimie Hebdo, 28 Apr 2003, (211), 11 (in French)
Synalloy & Rite Industries merge their textile colorants businesses Synalloy and Rite Industries have agreed to combine their businesses in textile colorants, creating a 50:50 joint venture company, which will initially generate an annual sales revenue in excess of $25 M. The joint venture – to be known as Blackman Uhler LLC – will take over manufacturing at Synalloy’s Spartanburg, NC plant. Both Synalloy and Rite Industries believe the merger will reduce operating costs and overheads. Meanwhile, Synalloy will continue to operate its Blackman Uhler Division as a producer of speciality chemicals and pigments. Rite Industries will continue to operate its paper, speciality and northern textile business from the Clifton, NJ facility. Chemical and Engineering News, 28 Apr 2003, 81 (16), 13 & Press release from: Synalloy Corp, 2155 West Croft Circle, Spartanburg, SC 29302, USA. Website: http://www.synalloy.com (23 Apr 2003)
Tartan Colour to sell for MD-Both & Wolstenholme Tartan Colour & Chemical (of Missisauga, ON) has been appointed by MD-Both Industries and Wolstenholme International as the Canadian sales agent for their waterbased and oil-based carbon black dispersions, metallic pigments and metallic inks. Paint & Coatings Industry (PCI), Mar 2003, 19 (3), 20
weathering, film smoothness and dispersal, all of which are important factors in making plastic film masterbatches. Black Pearls 3030 are suitable for use in photographic and surface protection films due to their good dispersability and film smoothness. Black Pearls 4040 are designed to meet agricultural film requirements, with their good opacity and weathering properties. Black Pearls 4060 offer very high opacity and they are best suited for use in agricultural films that need high weathering performance and a long service life. The addition of Vulcan XC305 and Vulcan XC605 to Cabot’s range of conductive carbon blacks was noted in ‘Focus on Pigments’, Nov 2002, 6. Now the company has added two more products to the range, designed for incorporation into semiconductive plastic compounds used in the manufacture of electric power cables. With Vulcan XC200 and Vulcan XC500, compound formulators are able to meet all key performance criteria for fully bonded or strippable shields. The two grades offer conductivity, strippability, surface smoothness, ionic purity and chemical purity. Modern Plastics International, Mar 2003, 33 (3), 74 & High Performance Plastics, Apr 2003, 2
CasChem’s additive for enhancing substantivity in colour cosmetics CasChem Inc (of Bayonne, NJ, a subsidiary of Rutherford Chemicals Inc) has launched Stantiv OMA-1 for use in sunscreens, lipsticks and colour cosmetics. The product is a “substantivity enhancer”, designed to make pigmented cosmetics more water-resistant and more resistant to mechanical removal. Stantiv OMA-1 is light in colour and has low viscosity, bland taste and minimal odour. HAPPI, Household & Personal Products Industry, Mar 2003, 40 (3), 123
TECHNOLOGY Ciba’s new green pigment Cabot’s carbon blacks for plastic films and electric power cables Cabot Corp has introduced a new line of carbon black pigments for polyolefin films – Black Pearls 3030, 4040 and 4060. These products have been particularly formulated to deliver useful properties in terms of opacity,
Among the products on display for the first time at the European Coatings Show (Nuremberg, April 2003) was Ciba’s Irgazin Green 2180. This pigment has high tinting strength, outstanding weatherfastness, very good bleed resistance, very good flow and excellent chemical resistance.
MAY 2003
COMPANIES British Vita acquires Synco Effective 1 April 2003, British Vita plc paid $2.1 M cash to acquire Synco from Cognis (formerly Henkel). Synco makes colour and additive plastic masterbatches at Campo Bisenzio (near Prato, Italy). It has 28 employees and last year recorded sales of €6 M. All the employees will be retained and the company’s name will be changed to VTC Synco Srl. Plastics News, 10 Apr 2003 (Website: http://www.plasticsnews.com) & European Chemical News, 7 Apr 2003, 78 (2047), 6
Cary to sell for Moly-White Moly-White Pigments (of Cleveland, OH) has appointed The Cary Co of Addison, IL, as exclusive distributor of its Moly-White corrosion inhibitors in northern Illinois, Wisconsin, Minnesota, western Michigan, Iowa and northern Indiana. Paint & Coatings Industry (PCI), Mar 2003, 19 (3), 20
Colour Chem to increase its shareholding in Vanavil Colour Chem, which is majority controlled by Clariant, has launched an open-market offer to buy up to 986,000 shares in Vanavil Dyes & Chemicals at Rup 45.90 per share. If fully successful, this would raise Colour Chem’s stake in Vanavil from 56% to 86%. Vanavil manufactures phthalocyanine and other organic pigments at Cuddalore (Tamil Nadu). The Hindu, 25 Apr 2003, 126 (98), 17
DyStar on the block Deutsche Bank has been set the task of finding a buyer for the DyStar textile colorants business, currently owned 35% by Aventis, 35% by Bayer
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and 30% by BASF. A purchase price of €400-450 M has been suggested, which would including taking over DyStar’s outstanding debts. Negotiations are underway with six different investment groups. Chimie Hebdo, 28 Apr 2003, (211), 11 (in French)
Synalloy & Rite Industries merge their textile colorants businesses Synalloy and Rite Industries have agreed to combine their businesses in textile colorants, creating a 50:50 joint venture company, which will initially generate an annual sales revenue in excess of $25 M. The joint venture – to be known as Blackman Uhler LLC – will take over manufacturing at Synalloy’s Spartanburg, NC plant. Both Synalloy and Rite Industries believe the merger will reduce operating costs and overheads. Meanwhile, Synalloy will continue to operate its Blackman Uhler Division as a producer of speciality chemicals and pigments. Rite Industries will continue to operate its paper, speciality and northern textile business from the Clifton, NJ facility. Chemical and Engineering News, 28 Apr 2003, 81 (16), 13 & Press release from: Synalloy Corp, 2155 West Croft Circle, Spartanburg, SC 29302, USA. Website: http://www.synalloy.com (23 Apr 2003)
Tartan Colour to sell for MD-Both & Wolstenholme Tartan Colour & Chemical (of Missisauga, ON) has been appointed by MD-Both Industries and Wolstenholme International as the Canadian sales agent for their waterbased and oil-based carbon black dispersions, metallic pigments and metallic inks. Paint & Coatings Industry (PCI), Mar 2003, 19 (3), 20
weathering, film smoothness and dispersal, all of which are important factors in making plastic film masterbatches. Black Pearls 3030 are suitable for use in photographic and surface protection films due to their good dispersability and film smoothness. Black Pearls 4040 are designed to meet agricultural film requirements, with their good opacity and weathering properties. Black Pearls 4060 offer very high opacity and they are best suited for use in agricultural films that need high weathering performance and a long service life. The addition of Vulcan XC305 and Vulcan XC605 to Cabot’s range of conductive carbon blacks was noted in ‘Focus on Pigments’, Nov 2002, 6. Now the company has added two more products to the range, designed for incorporation into semiconductive plastic compounds used in the manufacture of electric power cables. With Vulcan XC200 and Vulcan XC500, compound formulators are able to meet all key performance criteria for fully bonded or strippable shields. The two grades offer conductivity, strippability, surface smoothness, ionic purity and chemical purity. Modern Plastics International, Mar 2003, 33 (3), 74 & High Performance Plastics, Apr 2003, 2
CasChem’s additive for enhancing substantivity in colour cosmetics CasChem Inc (of Bayonne, NJ, a subsidiary of Rutherford Chemicals Inc) has launched Stantiv OMA-1 for use in sunscreens, lipsticks and colour cosmetics. The product is a “substantivity enhancer”, designed to make pigmented cosmetics more water-resistant and more resistant to mechanical removal. Stantiv OMA-1 is light in colour and has low viscosity, bland taste and minimal odour. HAPPI, Household & Personal Products Industry, Mar 2003, 40 (3), 123
TECHNOLOGY Ciba’s new green pigment Cabot’s carbon blacks for plastic films and electric power cables Cabot Corp has introduced a new line of carbon black pigments for polyolefin films – Black Pearls 3030, 4040 and 4060. These products have been particularly formulated to deliver useful properties in terms of opacity,
Among the products on display for the first time at the European Coatings Show (Nuremberg, April 2003) was Ciba’s Irgazin Green 2180. This pigment has high tinting strength, outstanding weatherfastness, very good bleed resistance, very good flow and excellent chemical resistance.
MAY 2003