CATHAY INDUSTRIES ANNOUNCES FURTHER EXPANSION WITH NEW IRON OXIDE PIGMENT PLANT IN INDONESIA

• Company News
• 2022-11-30

Cathay Industries ("Cathay"), a leading global iron oxide pigment manufacturer, signed an agreement to commission a greenfield Iron Oxide finishing plant in Batam, Indonesia.

“Following our recent agreement to acquire the Iron Oxide Pigment operations of Venator, we are further expanding our global capabilities in manufacturing and finishing technology, with our agreement to commission a world class Iron Oxide Pigment finishing and blending facility in Batam, Indonesia” said Mr. Terence Yu, Cathay Industries Global CEO."

Following the signing of land arrangements with Mr. Pea Ngo Teo of PT Latrade Batam Indonesia, Mr. Yu confirmed construction will commence before the end of the year and is expected to be completed in time for the installation of state-of-the-art, environmentally compliant blending and finishing equipment as well as world class packaging lines by mid-2023.

The new facility aligns with Cathay’s commitment of providing certainty in sustainable supply of the highest quality iron oxide pigments throughout the region whilst meeting the Cathay Board strategic growth program. And we are delighted to provide employment opportunities and build a long-term partnership with the local Batam community,” said Mr. Yu.
With the first supplies to commence in the latter part of 2023, the new plant will compliment Cathay’s global footprint.

CATHAY INDUSTRIES EXPANDS ITS GLOBAL FOOTPRINT WITH THE ACQUISITION OF VENATOR’S IRON OXIDE PIGMENT OPERATION

• Company News
• 2022-11-14

Cathay Industries today announced that it has entered into an agreement with Venator Materials PLC (NYSE: VNTR) ("Venator") to purchase its iron oxide pigment business.

Cathay Industries is a global and sustainable manufacturer of complete colors solutions, and its leadership in the inorganic pigment industry is now significantly reinforced through this transaction. The target business, Venator’s iron oxide pigment, has achieved steady growth and maintained profitability amid the pandemic and market fluctuations, demonstrating strong competitiveness and resilience.

“The acquisition of Venator’s Iron Oxide Pigment operation transforms our global manufacturing footprint, providing tremendous synergies and new growth opportunities.”, said Terence Yu, Cathay Industries Group CEO.
In addition to Venator’s product portfolio, the purchase includes eight manufacturing sites and one administrative site, across 6 countries on 4 continents. This transformational investment demonstrates Cathay’s commitment to further its global network, with customisation capabilities close to its customers and partners.
“We will remain strategically focused on continuing Cathay’s exceptional level of quality, product sustainability, innovation, service, and supply chain security to our valued customers and partners”, Mr Yu said.

With a shared culture focused on customer centricity, production excellence and sustainability, Cathay Industries’ management sees strong complementarities between the two businesses and looks forward to welcoming Venator’s team and to partner together for long-term value creation.
 

The transaction is expected to close by the end of first quarter 2023, subject to the customary closing conditions.
UBS AG acted as financial advisor to Cathay. White & Case acted as international legal counsel to Cathay Industries.

CATHAYGRAN™ ~ CATHAY INDUSTRIES INCREASES CAPACITY

• Blog, Company News, Magazine, News, Press, 雜誌
• 2021-03-04

Leading global iron oxide pigment manufacturer Cathay Industries increases CATHAYGRAN™ high quality spray-dried iron oxide pigment capacity.

Cathay Industries Group CEO Mr. Terence Yu, said, “Following a robust planning and restructuring process, we have successfully implemented a controlled process improvement program, improving output capacity on high quality spray-dried granule pigment product range by 100% plus effective from March 2021.”

Mr. Yu said, “Executing the process improvement project in challenging times, has been a collaborative effort from our great team and further supports increased demand we are seeing for our high quality CATHAYGRAN™ range of iron oxide pigment. The program is stage one of our continued industry investment, and plans for an additional capacity is in the design stage, with commissioning expected toward the end of 2021 or early 2022” and all together will triple our current production capacity.

Cathay Group’s global growth strategy continues to focus on the highest level of  sustainable and eco-friendly technology to support industry, particularly the consistency of its high-quality CATHAYCOAT™, CATHAYTHERM™, FERROTINT™, CATHAYGRAN™ product range, which already provides advanced and sustainable solutions in the highly technical and demanding coating, plastic and construction markets.

CATHAY INDUSTRIES OPENS SINGAPORE OPERATION

• Blog, Company News, Magazine, News, Press, 雜誌
• 2020-09-04

Leading global iron oxide pigment manufacturer Cathay Industries is excited about the opening of its Singapore subsidiary.

Cathay Industries Group CEO Mr. Terence Yu, said, “In line with our global expansion strategy, we are very excited to be officially opening our Singapore subsidiary “CATHAY Pigments Asia Pacific Pte. Limited.” from the 1st October 2020.”

Mr. Yu said, “2020 has been a challenging business environment, but with the support of our tremendous global team, diligent contingency and governance programs, we are extremely proud to commission stage one of our strategic expansion with the Singapore operation, whilst expanded manufacturing capabilities in stage two is well within our projected time frame “

Cathay Pigments Asia Pacific Pte. Limited will be located at 10 Anson Road, International Plaza, 13-09, Singapore 079903

Cathay Group’s global growth strategy continues to focus on the highest level of  sustainable and eco-friendly technology to support industry, particularly the consistency of its high-quality CATHAYCOAT™, CATHAYTHERM™, FERROTINT™, CATHAYGRAN™ product range, which already provides advanced and sustainable solutions in the highly technical and demanding coating, plastic and construction markets.

CATHAY INDUSTRIES TO EXPAND ITS IRON OXIDE PIGMENT PRODUCTION IN SOUTH EAST ASIA

• Blog, Company News, Magazine, News, 雜誌
• 2020-06-12

Leading global iron oxide pigment manufacturer Cathay Industries is set to expand its manufacturing footprint in South East Asia to meet increasing demand for its world class Iron Oxide Pigment technology.

Cathay Industries Group CEO Mr. Terence Yu, said, “Increased requirement for our high quality, sustainable iron oxide pigments in the coating, plastic and construction industries, has facilitated a review of our manufacturing capacity.”

Mr. Yu said, “With advancements to our proven iron oxide production technology, we will break new ground with a new manufacturing facility located South East Asia, exceeding the highest environmental standards, providing the long-term sustainable supply the market is requesting from us, and we expect to commission the new facility during 2021.

The expansion supports the Cathay Group’s global growth strategy, particularly the consistent growth of its high-quality CATHAYCOAT™, CATHAYTHERM™, FERROTINT™, CATHAYGRAN™ product range, which already provides advanced and sustainable solutions in the highly technical and demanding coating, plastic and construction markets.

NEW CATHAY EUROPE MANAGING DIRECTOR – MR. TOM MESTDAG

• Blog, Company News, News
• 2020-03-19

CATHAY INDUSTRIES is pleased to announce the appointment of Mr. Tom Mestdag to the position of Managing Director – Cathay Industries Europe, effective from 1st June..

Tom, who will be based in Belgium, holds a master’s in chemistry, and with more than 20 years’ experience working in the chemical industry, with a focus on colour pigments and plastics, brings an exciting and new dynamic to our European operation.

Tom will report directly to the Group CEO, Mr. Terence Yu, and will join CATHAY group executive team working on growth strategies as they specifically relate to the European operations.

Please join us in welcoming Tom, to the CATHAY team and we look forward to your ongoing support as we drive our growth strategy.

CATHAY INDUSTRIES AT CHINA COAT 2019

• Blog, Company News, News
• 2019-10-03

See you in Shanghai ChinaCoat 2019!

CATHAYINDUSTRIES Group looks forward to presenting our latest products in the ChinaCoat.

Join us at the Shanghai New International Expo Centre (SNIEC) Hall W1, E21.

CATHAYPULSE IS NOW READY!

• Blog, Company News, News
• 2019-07-03

CATHAYPULSE – automotive CATHAYGRAN dosing machine

CATHAYPULSE is very simple to use. It does almost everything by itself and doesn’t make a pulsation wrong. The use of NFC technology – Near Field Communication – allows Pulse to communicate with CATHAYGRAN pigments bags when they are at short distance. It automatically recognizes the colors contained in each container, their intrinsic color characteristics, the origin, and physical properties as recorded in the quality certificate, always dosing the right quantity to produce the perfect color, thanks to the innovative autocolor- adjustment system.

Contact us and get more information – www.cathaycolorservices.com

CATHAYINDUSTRIES INTRODUCES CATHAYTHERM™ THERMOSTABLE INORGANIC COLOR PIGMENTS

• Blog, Company News, News
• 2017-10-25

Leading global inorganic pigments developer and producer CATHAYINDUSTRIES introduces CATHAYTHERM™ a dedicated range of high performance thermostable pigments specifically designed for thermoplastic and thermosetting applications.

CATHAYTHERM™ pigments are ideally suited for a wide range of high temperature applications, including plastics, powder coatings, high bake temperature industrial coatings, coil coatings, specialty coatings and military coatings, where high heat-fastness is required.

CATHAYTHERM™ range comprises a full color spectrum of pigments including specialty thermostable Iron Oxides, Ferrites and Chrome Green Oxides.

CATHAYINDUSTRIES is a global leader in Inorganic Color Pigments providing its customers with market-defining products and innovations in a wide range of industries.

CATHAY INDUSTRIES AT CHINA COAT 2017

• Blog, Company News, News
• 2017-10-15

CATHAYINDUSTRIES Group looks forward to presenting our CATHAYRED™ and CATHAYTHERM™ range of Iron Oxide and Inorganic Color Pigment at this years China Coat exhibition in Shanghai from 15th ~17thNovember 2017.

Our global team will be on hand to discuss our exciting iron oxide pigment technology, and assist you with your enquiries.

Join us at the Shanghai New International Expo Centre (SNIEC) Hall W1, E01~E04.

CATHAYGRAN™ SPRAY DRY MICROGRANULES

• Blog, Company News, News
• 2017-10-03

CATHAY Industries is revolutionizing the quality of microgranulated pigments with a new generation of spray-drying technology. Products are practically dust-free, offering optimal flow properties as well as enhanced dispersion capabilities for a better processability.

CATHAYGRAN™ 

– CLEAN- Dust Free

– STRONG Pigments

– FAST DISPERSION

CATHAY INDUSTRIES INTRODUCE CATHAYRED™A NEW RANGE OF HIGH PERFORMANCE RED IRON OXIDE PIGMENTS

• Blog, Company News, News
• 2017-09-14

Leading global iron oxide pigment manufacturer CATHAY INDUSTRIES introduces CATHAYRED™a renewed and extended range of precipitated Red Iron Oxide Pigments specifically designed for the paint and coating industries.

Continuous refinement and enhancement of CATHAY’s proprietary wet precipitation process has led to a new range of red iron oxides CATHAYRED™ that can effectively match the previously unattainable color space of Copperas Reds produced by thermal decomposition of ferrous sulphate.

CATHAYRED™ encompasses a wide range of high performance precipitated reds with a unique Hue and Chroma from salmon to dark red and blue shades featuring outstanding color and physical properties which are easy to wet, with high dispersibility, are chemically stable and can be used in a wide range of applications, including paint and coatings, rubber and plastic products, textile finishes, building materials and ceramics.

CATHAYRED™ range underpins CATHAY INDUSTRIES commitment to the industry as its proprietary and eco-friendly technology provides the long-term sustainability in quality, and supply the market has been seeking.

CATHAY PIGMENTS USA MERGER WITH CATHAY INDUSTRIES USA

• Blog, Company News, News
• 2012-09-25

CATHAY PIGMENTS USA has been merged with CATHAY INDUSTRIES USA, its parent company, to consolidate operations in the US. The surviving entity will bear the name CATHAY INDUSTRIES USA, INC. The change is effective immediately.

Over the next several weeks we will changing our invoices and other documents to reflect the change. All payment and banking information remains the same other than the name change.

All correspondence should be mailed to:

CATHAY INDUSTRIES USA, INC.

4901 Evans Avenue

Valparaiso, IN USA 46383-8383

The previous address in Elgin, IL should no longer be used along with the telephone number 1-224-629-4210.

In addition, all CATHAY USA employees email addresses will be changed from name@cathaypigments-usa.com to name@cathayindusa.com; however, they will continue to receive emails to the old address for some time.