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CATHAY INDUSTRIES AT CHINAPLAS 2018

March 23, 2018 / 705 / Magazine
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CATHAY INDUSTRIES Group looks forward to presenting our CATHAYTHERM™ range of thermostable inorganic pigments at this year’s Chinaplas exhibition in Shanghai from 24th -27th April 2018.

CATHAYTHERM™ pigments are ideally suited for a wide range of high temperature applications, including plastics, fiber, masterbatch, powder coatings, high bake temperature industrial coatings, coil coatings, specialty coatings and military coatings, where high heat-fastness is required.

Our global team will be on hand to discuss our exciting iron oxide pigment technology for application in plastics and rubber industries and assist you with your enquiries.

Join us at the National Exhibition and Convention Center, Hongqiao, Shanghai (NECC), Hall: 8.2H, Booth No. 8.2C68.

CATHAY INDUSTRIES announces price increase for iron oxide pigments

March 1, 2017 / 1526 / News
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Hong Kong, March 2nd 2017. CATHAY INDUSTRIES GROUP announces a price increase for its iron oxide and natural color pigment portfolio. The adjustment is applied with immediate effect or as contracts allow. Read more

China Import and Export Fair Pazhou Complex

November 1, 2016 / 1148 / News
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CATHAY INDUSTRIES’ global team will be on hand at ChinaCoat 2016 in Guangzhou to showcase its range of High Chroma Reds, Low Viscosity Yellows and Heat Resistant Yellow, which are leading the way in technology advancement in high quality iron oxide pigments for the coating market.
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CATHAY INDUSTRIES acquires HOOVER COLOR CORPORATION

June 24, 2016 / 588 / Press
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Cathay Industries acquires Hoover Color Corporation

Leading global iron oxide pigment manufacturer Cathay Industries has agreed to acquire Hoover Color Corporation (Hiwassee, VA) for an undisclosed amount.

The transaction is expected to close within the third quarter of 2016, subject to customary closing conditions.

Commenting on the transaction, Terence Yu, Group Chief Executive Officer, Cathay Industries, said, “The acquisition of Hoover Color further strengthens our color pigments business as well as enhancing our capabilities. As market leader in natural occurring Umbers and unique eco-friendly Transparent Iron Oxides, Hoover Color brings a century of customer focus to the Cathay Industries Group”.

“Merging our two companies will complement Cathay’s focus on innovation, sustainability, and position us as a leading supplier of performance pigments with a unique offering for the paints and coatings industry,” said Mr Yu.

Charles Hoover, President of Hoover Color Corporation said “Over the last 25 years, Cathay Industries has led the restructuring of the iron oxide industry through innovative technology, and this partnership cements the relationship our two companies have developed over the last two decades. All of us at Hoover Color look forward to exciting times ahead for the combined businesses.”

The transaction will not affect Hoover Color’s existing product range and supply will continue seamlessly.

Mr Hoover will join the executive team at Cathay Industries and continue in his role as President of the Hoover Color newly formed division of Cathay Industries.

About Cathay Industries

Cathay Industries is one of the world’s leading manufacturers of synthetic iron oxide pigments. The business areas of the company include iron oxide pigment for the construction industry, high technology grades for the use in coatings systems as well as highest purity iron oxides for cosmetics, food and pharmaceutical applications. The portfolio is complimented by a number of synergistic products. Established in 1979, the Cathay Industries GROUP, with production sites in the USA, China, Belgium and Australia has been dynamically growing. The success of CATHAY INDUSTRIES is based on significant investment into latest production technologies. For further information visit www.cathayindustries.com

CATHAY INDUSTRIES acquires HOOVER COLOR CORPORATION

June 24, 2016 / 1040 / News
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Cathay Industries has agreed to acquire Hoover Color Corporation (Hiwassee, VA) for an undisclosed amount. The transaction is expected to close within the third quarter of 2016, subject to customary closing conditions.

Commenting on the transaction, Terence Yu, Group Chief Executive Officer, Cathay Industries, said, “The acquisition of Hoover Color further strengthens our color pigments business as well as enhancing our capabilities. As market leader in natural occurring Umbers and unique eco-friendly Transparent Iron Oxides, Hoover Color brings a century of customer focus to the Cathay Industries Group”.
Read more

CATHAY INDUSTRIES to expand iron oxide pigments production in Tongling

June 16, 2016 / 501 / Press
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CATHAY INDUSTRIES to expand iron oxide pigments production in Tongling (PRC)

 

Hong Kong, 17 June 2016. Leading global iron oxide pigment manufacturer CATHAY INDUSTRIES is set to expand its state-of-the-art iron oxide pigments production facility in China.

 

Following recent expansions at its Yixing site, the company is strengthening its manufacturing capabilities at its flagship site in Tongling, China, in a joint venture with Tonghua Group (Rely Science & Technology Co Ltd).

 

CATHAY INDUSTRIES Group CEO Mr. Terence Yu said, “This move signifies the next phase of our global growth and development strategy, while demonstrating leadership in the market in terms of both technology solutions and environmental responsibility and sustainability.” This phase 2 expansion will add 20,000 MT per annum (mtpa) of high-performance iron oxide pigments to the 65,000 MT site’s current capacity using our leading technology while meeting the highest environmental standards. With the ever-increasing pressure on global manufacturing facilities to operate responsibly, this expansion will provide the long-term sustainable supply the market requires.

 

Already awarded silver status from corporate social responsibility certifier ECOVADIS, CATHAY has implemented sustainability plans to achieve its gold status. The expansion supports the CATHAY Group’s transformative growth strategy, globally, particularly the consistent growth of its high-quality CATHAYCOAT™ product range, which already provides advanced solutions in the highly technical and demanding coatings and paint markets. Mr. Yu said, “With advancements to our proven iron oxide production technology, we will break new ground with a new range of high-chroma red iron oxide pigments, which are proven to effectively replace copperas reds in both solvent and waterborne systems. This will position CATHAY as the leading supplier of high-performance pigments with unique and sustainable product offerings.” Mr. Yu said, “Our high-purity expansion complements the company’s dedicated high-purity plant in Valparaiso (IN), USA, and is designed to meet the strict cGMP criteria set by IPEC-PQG. This marks an industry first in China. “Consistent with our Valparaiso plant, the new high-purity facility will be a dedicated stand-alone facility inside our Tongling operation. This will be the first iron oxide pigments manufacturing facility in China to meet the cGMP principles in the personal care, food and pharmaceutical industries, providing additional high-quality regional support for this fast-growing market“, Mr. Yu added.

 

Phase 2 of our expansion will provide:

 

  • 10,000 mtpa of high-quality precipitated yellow iron oxide for coatings and paints
  • 5,000 mtpa of high-quality precipitated red iron oxide for coating and paints
  • 5,000 mtpa of cGMP high-purity pigments (yellow, red, black)

 

Phase 2 expansions have commenced and commissioning of the new facility is targeted for first quarter 2018.

CATHAY INDUSTRIES to expand iron oxide pigments production in Tongling

June 16, 2016 / 1218 / News
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Following recent expansions at its Yixing site, the company is strengthening its manufacturing capabilities at its flagship site in Tongling, China, in a joint venture with Tonghua Group (Rely Science & Technology Co Ltd).

CATHAY INDUSTRIES Group CEO Mr. Terence Yu said, “This move signifies the next phase of our global growth and development strategy, while demonstrating leadership in the market in terms of both technology solutions and environmental responsibility and sustainability.” This phase 2 expansion will add 20,000 MT per annum (mtpa) of high-performance iron oxide pigments to the 65,000 MT site’s current capacity using our leading technology while meeting the highest environmental standards. With the ever-increasing pressure on global manufacturing facilities to operate responsibly, this expansion will provide the long-term sustainable supply the market requires.
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CATHAY INDUSTRIES receives silver recognition of EcoVadis

April 7, 2016 / 1030 / Press
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Hong Kong, 05 April 2016. Through acting in an environmentally conscious and socially responsible manner, pigment manufacturer CATHAY INDUSTRIES has been awarded the Silver status by EcoVadis. The EcoVadis organisation is active globally analysing companies from an ecological and socio-economical perspective. CATHAY has proven its reliability of the examined aspects environment, labour practices, fair business practices as well as sustainable procurement, confirming the company’s commitment in short and long term business activities.

Not only in our society but also in today’s working environment, conscientious orientation towards sustainability has become a major topic. Companies across the globe are implementing measures for a sustainable development. CATHAY had already been certified according to the international norm ISO 14001 for its environmental management. As one of the world’s leading manufacturers of synthetic iron oxides, the company has now taken the next step ahead. By using the service of the Corporate Social Responsibility (CSR) experts at EcoVadis, CATHAY has implemented an independent control mechanism for its efforts.

Inspecting business activities

EcoVadis aims to support companies to improve their ecological and social practices. A rating based on 21 criteria out of the subject areas like environment, social, ethic and supply chain has been developed for measuring the CSR performance of a business. A team of international experts analyses and compares registered companies accordingly. Across 145 sectors and 95 countries, EcoVadis operates the first collaborative platform that allows monitoring the sustainable behaviour of companies.

Among the best

After the assessment made in January 2016, CATHAY has been awarded with a Silver status. In every category from environment to fair business practice, the producer’s EcoVadis profile shows to be superior to its industry’s mean value. Especially in the criterion “sustainable procurement” CATHAY INDUSTRIES is among the “TOP 20 % of suppliers assessed by EcoVadis” in the respective category. Prospectively, the manufacturer aims to develop its activities towards the Gold level.

CATHAY INDUSTRIES receives Silver recognition of ECOVADIS

February 4, 2016 / 1046 / News
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Hong Kong, 05 April 2016. Through acting in an environmentally conscious and socially responsible manner, pigment manufacturer CATHAY INDUSTRIES has been awarded the Silver status by EcoVadis. The EcoVadis organisation is active globally analysing companies from an ecological and socio-economical perspective. CATHAY has proven its reliability of the examined aspects environment, labour practices, fair business practices as well as sustainable procurement, confirming the company’s commitment in short and long term business activities.

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Ten years of CATHAYCOAT™ Low Viscosity yellow pigments

January 24, 2016 / 1135 / News
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CATHAY INDUSTRIES provides yellow iron oxide pigments with extra-low viscosity characteristics, so-called LV Grades. For ten years already, the manufacturer offers these products under the CATHAYCOAT™ brand as premium iron oxide range. Lately, the company has started promoting its High Chroma Reds, another new dimension for iron oxides.

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CATHAYGRAN™ – Spray-Dried Micro-Granules

August 26, 2015 / 1130 / News
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Tongling, 26 August 2015. In its manufacturing site in Tongling, China, CATHAY INDUSTRIES has put its new state-of-the-art spray dryers in full operation. The dryers have the capacity to turn out a total of 20.000 metric tons of micro-granulated pigments per year.

“We are proud that CATHAY is now in the position to expand its broad portfolio by yet another important product line”, says Terence Yu, global CEO of CATHAY INDUSTRIES Group. “There are not many companies in the world that are able to manufacture top quality spray-dried iron oxide granules”, he explains.
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CATHAY Philippines New Office

November 13, 2014 / 575 / News
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CATHAY Pigments and Chemicals Phils. Corp.

CATHAY INDUSTRIES opened a sales office in the Philippines on the 15th October to enable us to better serve our customers in this exciting growth market.

Miss Rose Andres has been appointed Country Manager to lead the local team. Rose brings with her wealth of knowledge of the Philippine’s coatings and construcitons market as well as having been involved with the local iron oxide market for more than 15 years.

Rose may be contacted on tel: (632) 6598558

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