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Regions :: Southeast Asia

DIC acquires pigments business in Indonesia

7:20 AM MST | December 21, 2012 | Deepti Ramesh

DIC (Tokyo) says its wholly owned printing inks manufacturing and sales subsidiary DIC Graphics (Jakarta) on 18 December acquired the phthalocyanine blue crude and pigments businesses—including all related commercial rights, inventories, and production facilities—of Monokem Surya (Jakarta). Financial details of the deal were not disclosed. Monokem will continue to manufacture and sell zircon and ilmenite as its main businesses, which were not included in the acquisition, DIC says. Monokem has a phthalocyanine pigments plant in an industrial part...

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