Increased profit from Poddar Pigments

Increased profit from Poddar Pigments

F O C U S O N PIGMENTS components. The company employs 1400 people and it has nine plants, located in the US, Mexico, Brazil, India, Singapore and C...

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F O C U S

O N

PIGMENTS components. The company employs 1400 people and it has nine plants, located in the US, Mexico, Brazil, India, Singapore and China. It is about to open a 17,000 tonnes/y plant at Suzhou, making acrylics, lacquers and pigments.

incorporation in a marketable product known as ferrosilt, which was used as a construction site filler. The scandal came to light when Government officials discovered excessive levels of hexavalent chromium and/or fluorine at 16 out of the 30 construction sites at which ferrosilt was known to have been used. Loooking ahead, ISK plans to increase its operating profit to ¥15.8 bn by fiscal year 2008/09. The sales revenue target for that year is ¥120.8 bn. ISK is determined to maintain its position as the leading supplier of TiO2 pigment to Asian markets (including Japan). ISK also plans to maintain its position as one of the top three agrochemical suppliers in Japan.

programmes. Silberline is well known as a supplier of metallic and effect pigments, with plants in Brazil, Singapore, Scotland and the United States. Taizhu produces pearlescent pigments at a new plant near Wenzhou (Zhejiang province). It also has a research centre at Suzhou. According to Silberline, the world market for effect pigments is currently worth about $1.5 bn/y, of which aluminium and pearlescent pigments account for 85-90%.

Japan Chemical Week, 6 Apr 2006, 47 (2362), 12 & TiO2 Worldwide Update, Nov/Dec 2005, 13 (6), 12

Special Materials Co (SMC, of Doylestown, PA) was created in 1996 as a chemical distribution company. It subsequently took on selected manufacturing activities. It participates in a 50:50 joint venture based in Changshu (China), producing flame retardants at Suzhou and producing photographic chemicals at Binhai. It also operates a pigment slurrying facility in the US. As a trader, SMC sources pigments and other speciality chemicals from Russia, South Korea, Japan, China and India and sells these products to the US, Latin America and Europe. The company is forecasting sales revenue at $60 M for full-year 2006.

Ampacet has developed a range of photoluminescent masterbatches, based on strontium aluminate, suitable for use with acrylics, polyethylene, polycarbonate, nylon and other engineering resins. Strontium aluminate poses significant challenges for plastics processors because it is as hard as tungsten and tends to abrade screws and barrels during processing, with the result that the abraded metal fines then become impurities which block the pores of strontium aluminate particles and thereby diminish the amount of light emitted. One of the envisaged applications for Ampacet’s photoluminescent masterbatches would be for making plastic products that could help guide people out of enclosed spaces during a fire.

Chemical Market Reporter, 22 May 2006 (Website: http://www.chemicalmarketreporter.com)

Plastics News, 16 Jun 2006, (Website: http://www.plasticsnews.com)

LycoRed acquires Reisman LycoRed (part of the Israeli chemical group, Makhteshim Agan) has purchased H Reisman Inc (of Orange, NJ), a manufacturer of natural carotenoids, including astaxanthin and tocopherols. This will help to consolidate LycoRed’s position as one of the leading suppliers of natural food colorants to US customers. Chemical Week, 21 Jun 2006, (Website: http://www.chemweek.com)

Increased profit from Poddar Pigments For the year to end-March 2006, Poddar Pigments declared a net profit of Rup 11.866 M on sales of Rup 850.704 M, compared against Rup 11.702 M on Rup 725.294 M for the previous year. As before, the company reported a particularly strong performance in the last quarter of the fiscal year. Net profit was Rup 3.93 M in the quarter to end-March 2006 and Rup 6.976 M in the quarter to end-March 2005. Business Line, 31 May 2006, 13 (150), 3

Silberline & Taizhu form worldwide marketing & research alliance Silberline Co (of Hometown, PA) and Taizhu Pigments (of China) have formed a worldwide alliance covering the joint marketing of their products and cooperation on technical research

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Plastics Additives and Compounding, May/Jun 2006, 8 (3), 6 & European Paint and Resin News, May 2006, 44 (5), 5

Special Materials Co forecasts sales at $60 M for 2006

Stahl Holdings acquired by Wendel/ Oranje Nassau & Carlyle Investcorp has recently sold Stahl Holdings for €520 M to a 50:50 joint venture between Oranje Nassau Group (part of Wendel Investissements) and Carlyle (the USbased private equity fund). Stahl Holdings BV (with headquarters at Waalwijk, Netherlands) is one of the world’s leading suppliers of leather chemicals, alongside Lanxess, Clariant and BASF. Stahl reported sales revenue at €307 M for full-year 2005, derived primarily from leather colorants, leather finishing products and tanning auxiliaries. It also produces floor coverings, engineering textiles and plastic automotive

Chimie Pharma Hebdo, 22 May 2006, (341), 10 (in French)

TECHNOLOGY Ampacet’s photoluminescent masterbatches

Clariant’s Cartasol paper colorants Clariant has added to its range of cationic dyes for papermakers: Cartasol Red K-3BN liquid and Cartasol Scarlet K-2G. These colorants can provide superior bleedfastness, improved substantivity, full exhaustion, reduced backwater coloration, excellent shade stability, and high strike rate for rapid colour change and tight colour control. They can also eliminate the need for a fixative. Pulp and Paper International, 1 Jun 2006, 48 (6), 51

Degussa’s UV filter for cosmetics At the annual New York Society of Cosmetic Chemists Suppliers Day,

JULY 2006