Cathay Industries forms iron oxide pigments jv in China
1:28 PM MST | February 15, 2013
Cathay Industries (Hong Kong), a global provider of color concept solutions, has joined forces with the Tonghua Group to build an iron oxide pigments plant at Tongling, China. The joint venture, Rely Science & Technology, will invest in a plant, which will produce yellow, red, and black iron oxide pigments. Initial capacity of the plant will be 100,000 m.t./year expandable to 150,000 m.t./year in the second stage. The plant will be designed to run with the waste heat from neighboring fertilizer facilities, which will optimize energy use and substantially...
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