Market News
Iron Oxide Market: Recent Development
- December 2022: Cathay Industries announced the commissioning of a world-class iron oxide pigment finishing and blending facility in Batam, Indonesia, following their recent agreement to acquire the iron oxide pigment operations of Venator Materials PLC. The plant’s first supplies will commence in the latter part of 2023, which will complement Cathay Industries’ global footprint.
- November 2022: Cathay Industries announced that the company has entered into an agreement with Venator Materials PLC to purchase its iron oxide pigment business, which will help them transform their global manufacturing footprint, providing tremendous synergies and new growth opportunities.
- August 2021: Shenghua Group Deqing Huayuan, in the iron oxide market is the growing demand for high-quality pigments with excellent color consistency and performance. Shenghua Group Deqing Huayuan has been investing in advanced production technologies to produce iron oxide pigments that meet these demanding requirements, ensuring that its customers can rely on consistent, high-quality products for their applications.
- September 2020, Hunan Three-Ring Pigments Co., Ltd collaborated with the Changsha University of Science and Technology to develop a new type of iron oxide pigment for the construction industry. The project focused on the development of a sustainable, eco-friendly, and high-performance iron oxide pigment that could be used in various construction applications.
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