Market News
Key Development
Several players in zinc oxide market are engaged on developing organic and inorganic growth strategies such as plant capacity expansion, merger and acquisition in order to enhance their global presence. For instance,
- In May 2015, U.S. Zinc, manufacturer and supplier of zinc oxide, zinc metal, zinc dust and zinc fines, expands its zinc oxide production in China by 9000 metric tons per year. The expansion enables the U.S. Zinc to cater to the specialty zinc oxide markets.
- In September 2017, Zinc Oxide LLC, manufacturer of zinc oxide, acquired Zochem, a subsidiary of American Zinc Recycling LLC. Through this acquisition, Zinc Oxide LLC, aim to be the leading supplier of zinc oxide in North America.
- In January 2019, EverZinc Group, one of the leading company in zinc chemicals production, acquired G.H. Chemicals Ltd., and Microzinc Inc., referred as “GHC”, a manufacturer and exporter of French Process Zinc Oxide products, to meet the growing demand of zinc chemicals in North America.
- EverZinc Group also invested in zinc oxide to increase its production from 55 KT to 85 KT in December 2019, through new production lines and company acquisitions.