CATHAY INDUSTRIES was founded in 1979 under the name Advanced Chemicals Limited. We began as a trading firm, but in just five years we grew large enough to launch our manufacturing business. Over time we became well-know experts in iron oxide pigments and our business took off even more. In 1997 the company was renamed CATHAY PIGMENTS, and then 30 years after our start-up, we became CATHAY INDUSTRIES , adopting a name that represents our status as one of the top three iron oxides manufacturers in the world.
1979 - Launch of Advanced Chemicals Ltd.
1984 - Entered into manufacturing.
1997 - Company renamed Cathay Pigments
1998 - Expansion of global businesses through acquisitions in U.S.A., Europe, South Africa and
2002 - Investment of $20m USD to develop coating grade iron oxide.
2006 - Expansion of manufacturing to Yixing, China
Acquisition of ISK Magnetics Inc. of Valparaiso, Indiana, U.S.A.
2008 - CATHAY PIGMENTS renamed CATHAY INDUSTRIES.
2009 - Acquisition of two iron oxide factories through joint ventures.
2012 - CATHAY INDUSTRIES is the third largest iron oxide manufacturer in the world
2013 - Began construction of a 150kt plant in Tongling (Anhui)
2014 - Capacity expansion of pigment finishing in YiXing (Jiangsu)