Pigments | colour feature
vice president of the regional business unit Pigments and Resins Europe and the appointed head of the GBU. “Our customers will benefit from tailored services and higher responsiveness.” BASF’s pigments business serves a variety of
industries including plastics, paints & coatings, printing & packaging. The portfolio comprises of colour pigments such as phthalocyanines, high performance pigments, azo pigments, effect pigments, inorganic pigments, dyes and pigment preparations. The business increased considerably in size when BASF acquired Ciba in 2009. The company has declined to comment on whether it
will be looking for a new owner for the operation. A BASF spokesperson told Reuters the company would assess all options and no decision had been made. The news agency quoted one market analyst saying there was excess capacity in the pigments industry, with demand below 2009 levels. “The pigment business is still operating in a really depressed environment,” the analyst said, adding that private equity companies could emerge as suitors. Clariant, meanwhile, says it will establish a subsidi- ary for the Business Area Plastics & Coatings com-
prised of its current Masterbatches, Additives and Pigments business units “in order to fully leverage their value creation potential for the company.” It says the move will enable Plastics & Coatings to be steered towards higher profitability and cash generation. The new subsidiaries across the world will be fully
owned by Clariant and will start operating as of 1 January 2016. Clariant CEO Hariolf Kottmann says the new set up will further increase value creation for the
Above: The pigments business is undergoing structural change
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