BASF SE, DIC Corporation, Clariant, Cathay Industries, Colorchem International Corporation are Dominating the Market for Global Colorants Market in 2018

BASF SE

The company was incorporated in 1865, and is headquartered in Ludwigshafen, Germany. The Company operates in larger ranges of products or field of operation. The key business segments of the company are Functional Materials & Solutions, Chemicals, Performance Products, Agricultural Solutions, and Oil & Gas. 3M has global presence Germany, North America, Asia Pacific, Europe (excl. Germany) and South America, Africa, Middle East.

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  • In December 2018, BASF invested in a new production facility for mobile emissions catalysts at Pudong Shanghai, China. The 30,000 meter square facility will be used for multiple manufacturing lines.

Some of the subsidiaries of the company are BASF Coatings, Wintershall, Cognis, Engelhard, PCI Augsburg GmbhH, BASF Japan, BASF India Ltd.

DIC CORPORATION

The company was founded in 1908 and is based in Tokyo, Japan. The company is engaged in production of organic pigments, printing inks, PPs compounds and synthetic resins. DIC Corporation has a global presence in Japan, China, Asia Pacific, Europe and Americas

  • In February, Luminescence Holdings Ltd. an U.K. based company engaged in manufacturing currency, tax stamp, passports, ID cards, secure documents and brand protection inks was acquired by Sun Chemical and the parent company, DIC Corporation. This helped them to enhance their market share in the securities market.

Some of the subsidiaries of the company are Sun Chemical Group Cooperative (U.S.)., DIC Co., Ltd. (China) , DIC Asia Pacific Pte Ltd, SEIKO PMC CORPORATION (Japan), DIC INVESTMENTS JAPAN, LLC., DIC Graphics Corporation, DIC Vietnam Co Ltd and others.

Clariant

The company was founded in 1995, and is based in Basel, Switzerland. The company is engaged in four business areas viz. Care Chemicals, Natural Resources, Catalysis and Plastics & Coatings.

  • In December 2018, Clariant announced development of new product under the brand name EQius at CPhI India, for pharmaceutical packaging which provides protective storage, improve shelf life and provide optimal conditions.
  • In September, Clariant and SABIC signed Governance Agreement defining long term commitment of SABIC as a shareholder with a 24.99% stake that will help in increasing the rate of strategic growth of the company.

Some of the subsidiaries of the company are Clariant Plastics & Coatings (Argentina), Clariant Clearwater Technologies Ltd (British Virgin Islands), SQE Olivene S.r.l. (Italy), Clariant Bohai Pigments Preparations Ltd. (China) , Clariant Masterbatches (Finland) Oy,  Clariant Plastics & Coatings (UK) Ltd, Clariant Chemicals Ltd (India)

Cathay Industries

The company was founded in 1979 and is headquartered in Kowloon, Hong Kong. The company is engaged in the company is engaged in the production of diverse range of pigments and raw materials. Products of the company include Iron Oxides, Chrome Oxide, Heat Stable Ferrites, Heat Stable Ferrites, Titanium Dioxide and Others

  • In July, CATHAY INDUSTRIES agreed to divest the high purity Iron oxide plant located at Indiana, U.S. to Sun Chemicals, a U.S. based printing inks and pigments manufacturer

Some of the subsidiaries of the company are Hoover Color A Division Of Cathay Industries (U.S.), Cathay Industries Ltd. (UK)  , Cathay Industries Europe N.V. (BELGIUM), Cathay Industries Asia Pacific Ltd. (CHINA), Cathay Colors & Pigments Ltd. (CHINA), Cathay Pigments & Chemicals Phils. Corp