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Home > About Us > History

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.


2009 - Acquisition of two iron oxide factories through joint ventures.

2012 - Established new manufacturing facility in Anhui, China, increased manufacturing


2012 - CATHAY INDUSTRIES  is the third largest iron oxide manufacturer in the world

2013 - Announcement of construction 150,000 metric tons plant in Tongling (Anhui)