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news


The Qolortech plant at Vaassen before the fire


QolorTech plant damaged by fire


Fire damaged part of the QolorTech Vaassen site in Vaassen, Netherlands, in August. The company, which produces organic pigments and preparations for the plastics, coatings and printing ink market, said the fire began in a container storing granules and spread to a roof in one commercial building at the front of the site. QolorTech said the fire was quickly brought under control


and supplies to customers were not affected. “Because the black


production site is separated from the rest of the works by means of a firewall, the operations in the other parts of the company were able to start in the morning as usual,” said managing director Michiel de Jong. Production in all parts of the operation resumed within one week. ❙ www.qolortech.nl


Covestro replaces BMS The Bayer MaterialScience


name has disappeared. The €11.7bn sales polymer giant, best known for its Makrolon polycarbonates and PU foam materials, is now called Covestro.


The change marks the


company’s establishment as a legal and economically independent subsidiary of Bayer, which aims to float the


www.compoundingworld.com


business on the stock market by the middle of next year. Covestro employs around 14,000 people across 30 global production sites. “Independence will enable


us to bring our strengths to bear in global competition more quickly, effectively and flexibly,” said Covestro CEO Patrick Thomas. ❙ www.covestro.com


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