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China Coatings Network
:
recently, the global pigment industry set off a wave of restructuring and integration. The following small editor on the inventory of the 2015 pigment industry integration of major events.
Ellilian Longyu merger strong joint efforts to build China titanium white
On May 5, 2015, Henan Yulilian Chemical Co., Ltd. issued a major suspension of the progress announcement, announced the integration of the country's largest
tum white powder
manufacturer - Sichuan Longyu Titanium Co., Ltd. This strong joint effort between Yulilian and Sichuan Longyu has taken a big step forward in China's titanium dioxide industry. After the successful integration, the combined annual production capacity of the two will reach 630,000 tons, becoming Asia's first and the world's fourth largest titanium dioxide production enterprises, second only to Como (1.16 million tons), Hensmay (902,000 tons) and Coster (778,000 tons) of the three established titanium dioxide giants, the future in Asia and the global titanium dioxide industry will occupy a pivotal position, the voice of China's titanium white.
DuPont completes the spin-off of Como's independent listing
On July 1, 2015, DuPont completed the spin-off of its high-performance chemicals business, including TiO2 and Fluorine Products, and the new publicly traded company, Como, was officially traded on the New York Stock Exchange on July 1 under the trade code "CC". As early as October 2013, DuPont announced plans to spin off its high-performance chemicals business, resulting in the formation of an independently operated public company. DuPont's agrochemicals, nutritional care products and industrial biosciences businesses continue to be owned under DuPont and traded under the original trading code. With the diversification of DuPont's business, the problem of valuation differences and reduced synergies due to the cyclical nature of its branches is gradually becoming clear, and the divestiture of the high-performance chemicals business is more in the interest of the shareholders behind DuPont, which is conducive to the transformation of DuPont and the birth of two highly competitive companies.
on July 23, 2015, BASF announced that it would merge all of its pigment businesses to form a new global division in January 2016. BASF intends to spin off its pigment business and establish an independent legal entity in the second half of 2016. BASF is a leader in the global pigment market, especially organic dye pigments, providing the most comprehensive portfolio of high-quality products and technologies for
coatings
, plastics (8840,35.00,0.40%), printing and packaging, and more. Global
Network
understands that the business had sales of approximately EUR 1 billion in 2014, accounting for 1.35% of BASF's total sales. BASF says that by building a new framework for its pigment business, it will not only be able to better meet market challenges, but also better and more quickly meet the tailored needs of pigment customers.
Clariant plans to set up a subsidiary to separate the
plastic coatings
business
as DuPont and BASF split their pigment businesses, clariant, another pigment giant, announced in early August that it was setting up a subsidiary to operate its plastics and coatings business, including masterbatches, additives and pigments. The new company will be operational on January 1, 2016. Clariant's master products, pigments and additives business has gradually established a leading position in their respective markets, with sales of Clariant's plastics and coatings business reaching EUR 2.45 billion in 2014, accounting for 42.51% of its total sales. Clariant said the new subsidiary would continue to focus on differentiated businesses, improve absolute profitability, improve cash flow, and further protect and enhance competitiveness in mature markets.