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.
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.
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.