FOCUS Huntsman will spin off Pigments & Additives business as Venator Materials by end-June 2017 Venator Materials Corp is the name chosen for the new company resulting from the planned tax-free spin-off of Huntsman Corp's Pigments & Additives segment. The new company will be floated as an independent entity before the end of June 2017, listed on the New York Stock Exchange under the ticker-code VNTR. The spin-off will be implemented by a distribution of the majority of the shares in Venator to existing Huntsman shareholders. Initially at least, partly to protect against potential short-term predators, Huntsman Corp will retain shares in Venator representing 19.9% of the voting power and a 40% economic interest in the new company. For the year to end-December 2016, Venator – as Pigments & Additives – generated pro forma earnings (adjusted EBITDA) of $130 M on sales revenues of $2.14 bn. The company has seven wholly-owned TiO2 pigment plants plus a 50% share in a joint venture plant (co-owned with Kronos). Total nameplate TiO2 capacity is 782,000 tonnes/y. Venator's capacity for coloured pigments, as at end-2016, is quoted as: 95,000 tonnes/ y of iron oxides and 65,000 tonnes/y of other pigments, including ultramarine, mixed metal oxide pigments and organic pigments. The company can also produce up to 140,000 tonnes/y of water-treatment chemicals at two plants in Germany. The company's timber-treatment plant in Texas also has a quoted capacity of 140,000 tonnes/y. Original Source: TiO2 Worldwide Update, Feb 2017, 24 (2), 39-51 (Website: http://www. artikol.com) © Artikol 2017.
Jeco appoints Omya to sell its organic pigments in the Americas Jeco Pigment (headquartered in Shanghai-Pudong) has appointed Omya Inc as its exclusive distributor for its full range of organic pigments and pigment preparations in the US, Mexico, Panama and the rest of Central America, the Caribbean region, Argentina, Bolivia, Chile, Colombia, Ecuador, Paraguay, Peru, Uruguay and Venezuela. March 2017
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Jeco began producing organic pigments in 1987 and its product range encompasses nearly 50 pigments. The products are branded with the prefix JHR (for reds), JHY (for yellows), JHB (for blues), JHG (for greens), etc. The company has three wholly-owned production sites: Huanghua (Hebei province), producing phthalocyanine pigments; Shanyu (Zhejiang province), producing azo and high performance pigments; and Shanghai-Pudong, producing pigment preparations. Jeco also has a substantial shareholding in Veco, a joint venture company, producing carbazole violet pigments at Yongxin-Xiaowuding (near Ji'an City in Jiangxi province). Jeco's pigments are mainly sold to customers in the paint, plastics and printing ink sectors. Over the past 10 years, the Omya group (headquartered at Oftringen, Switzerland), including its subsidiaries Durr Marketing Associates, Azalea Color and Lipscomb Chemical, has become an important distributor of speciality chemicals and minerals sourced from a variety of third parties. In addition, Omya is the world's largest producer of ground calcium carbonate (GCC), with a significant market share in the markets for white pigments in the paper industry, as well as in plastics, paints, cosmetics, personal care products, pharmaceuticals and adhesives. Original Source: Paint & Coatings Industry (PCI), Feb 2017, 33 (2), 16 (Website: http:// www.pcimag.com) © BNP Media 2017.
O’Neil & Woodruff change their names to Primex Effective 1 January 2017, O'Neil Color & Compounding will change its name to Primex Color, Compounding & Additives, while Woodruff Corp will change its name to Primex Design & Fabrication. The two companies are wholly-owned subsidiaries of Primex Plastics Corp (headquartered in Richmond, IN, 115 km east of Indianapolis), which is itself owned by ICC Industries (of New York). The name changes will facilitate recognition of the Primex brandname. The newly named Primex Color, Compounding & Additives is still in the middle of a three-year programme to expand its capacity for making coloured masterbatches and plastic compounds at its two facilities – Garfield, NJ (20 km
north of Newark) and Jasper, TN (45 km west of Chattanooga). Meanwhile, ICC Industries now functions as a holding company, with several chemical and plastics subsidiaries, including Frutarom, Dover Chemical and Primex Plastics. (See also 'Focus on Pigments', Sep 2015, 4). Original Source: Plastics Today News, 7 Nov 2016 (Website: http://www.plasticstoday.com) © UBM Canon 2016.
Solvay sells Neolor rare earth pigments business to Baotou Hongbo Te Solvay has completed the sale of its Neolor rare earth pigments business to the Baotou Hongbo Te Technology Co Ltd (HBT), which operates a large rare earth minerals processing complex in the Baotou region of Nei Monggol (Inner Mongolia) province in northern China. The assets transferred include: all the main items of equipment used to produce Neolor pigments; exclusive rights to the use of specially designed equipment; all the associated intellectual property; and commercial activities, including marketing knowhow and customer lists. No details were released as to the value of the transaction. Neolor pigments are based on rare earth compounds, including notably cerium and yttrium salts, providing colour tones in the red/orange colour space. Solvay's range, produced at its La Rochelle (France) plant comprised three colours: light orange, orange and red. Neolor pigments offer excellent weather resistance, migration resistance, light stability and thermal stability. The major end-uses include: high-performance plastics, glassreinforced plastics (GRPs) and powder coatings. They are used in a wide variety of polymer systems, including: polypropylene, polyamides, polycarbonate, polysulfide, polyurethane and the styrene-acrylics. No indication has been given as to the volumes of Neolor pigments produced and sold by Solvay, though in early 2015, the company stated that its capacity at La Rochelle had been expanded by 50%. (See 'Focus on Pigments', May 2015, 3-4). Neolor pigments are suitable for use in polymers processed at temperatures up to 320 8C. Neolor pigments have excellent ultra-violet absorption and infra-red reflection properties, useful in applications such as roofing tiles and
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