General

CATHAY INDUSTRIES sells Valparaiso plant to Sun Chemical


Cathay Industries Logo

Cathay Industries has reached agreement to divest its High Purity Iron Oxide operations in Valparaiso, Indiana to Sun Chemical, effective July 2, 2018.

The sale will include the plant in Valparaiso and all Cosmetic related business world-wide. Cathay Industries will continue to represent Sun Chemical in servicing the non-cosmetic High Purity Iron Oxide, Magnetic Oxide and water treatment applications outside of America, from the Valparaiso plant.

The divestment allows Cathay Industries to focus on our traditional Iron Oxide Pigment range into the Construction, Paint & Coating, Paper, Plastics and other chemical applications from our global operations and provides the opportunity for further investment into Cathay’s market leading technology and innovation, to support the global market.

The divestment is consistent with our global Iron Oxide Pigment strategy, said Cathay’s Global CEO Mr. Terence Yu

CATHAY INDUSTRIES Awarded Silver Status by Ecovadis for 3rd year in a row


csr rating

CATHAY INDUSTRIES has been awarded the Silver status by Ecovadis 3 years in a row.

In every category from environment to fair business practice, CATHAY INDUSTRIES is among the “TOP 17 % of suppliers” assessed by EcoVadis. Continuously acting in an environmentally conscious and socially responsible manner, we strive to develop our activities towards the Gold level.

EcoVadis is an organization actively evaluating companies across the globe with an aim to support them to improve their ecological and social practices. A rating based on 21 criteria out of the subject areas like environment, social, ethic and supply chain has been developed for measuring the CSR performance of a business. To reach a Silver status, CATHAY INDUSTRIES has proven its reliability of all examined aspects, confirming the company’s commitment in short and long-term business activities.

CSR Rating is essential not only in our society but also in today’s working environment, companies worldwide are implementing measures for a sustainable development. CATHAY INDUSTRIES had already been certified according to the international norm ISO 14001 for its environmental management system on top of the existing ISO 9001 Quality Certification and OHSAS 18001 regulations. As one of the world’s leading manufacturers of synthetic iron oxides, we are making every effort towards sustainability.

CATHAY INDUSTRIES awarded silver status by CSR specialist “ECOVADIS”


EcoVadis Silver Recognition Level Certificate

April 2017CATHAY_INDUSTRIES_ASIA_PACIFIC_LTD_GROUP__EcoVadis_Certification_07_04_2017

CATHAY INDUSTRIES awarded silver status by CSR specialist ECOVADIS.

“ECOVADIS is a well-recognized certifying body in the field of Corporate Social Responsibility (CSR). As such it independently assesses companies  for high levels of responsibility outside the daily economics”, said Cathay Industries Australasian Managing Director Mr Steven Spackman. “The methodology of ECOVADIS covers a substantial criteria including fair business conduct, respect for human rights, care for environment and labour practices, providing a rating  for sustainable development”, ” and further emphasises  CATHAY’s commitment, accountability and  responsibility for all aspects of short and long terms business activities” said Mr Spackman 

CATHAY INDUSTRIES announces price increase for iron oxide pigments


Cathay Industries Logo
Hong Kong, March 2nd 2017.
CATHAY INDUSTRIES GROUP announces a price increase for its iron oxide and natural colour pigments portfolio. The adjustment is applied with immediate effect or as contracts allow. Prices are raised by USD 150 per metric ton across all colours and product forms. Customers will be informed individually by the CATHAY INDUSTRIES representatives.

CATHAY INDUSTRIES announces completion of Hoover Color Corporation Acquisition


Cathay Industries | Hoover Color Completion

Hong Kong 2nd January 2017

CATHAY INDUSTRIES is pleased to announce the successful completion of the Hoover Color Corporation acquisition.

CATHAY INDUSTRIES Global Chief Executive Terence Yu, announced the closing of the deal, following normal regulatory approvals. “The acquisition reinforces CATHAY’s global commitment and sustainable position as a leading manufacturer of performance pigments with a unique and diverse offering for the paints and coatings industries” said Mr. Yu.

“I want to thank Charles Hoover, President of Hoover Color Corporation for his leadership during the transition, and for his role in helping bring our companies together”, “Our immediate focus will be to combine our leading inorganic, innovative technology on Low Viscosity Yellows, High Chroma Reds, and Heat Stable Yellows, with the market leading natural occurring Umber’s and unique eco-friendly Transparent Iron Oxides from the Hoover Color Corp” said Mr. Yu.

Mr. Hoover has joined the executive team at CATHAY INDUSTRIES and will lead the sales and marketing of our Coating portfolio in the Americas and will also continue in his role as President of the Hoover Color newly formed division of CATHAY INDUSTRIES.

About CATHAY INDUSTRIES

Cathay Industries is one of the world’s leading manufacturers of synthetic iron oxide pigments. The business areas of the company include iron oxide pigment for the construction industry, high technology grades for the use in coatings systems as well as highest purity iron oxides for cosmetics, food and pharmaceutical applications. The portfolio is complimented by a number of synergistic products. Established in 1979, the Cathay Industries GROUP, with production sites in the USA, China, Belgium and Australia has been dynamically growing. The success of CATHAY INDUSTRIES is based on significant investment into latest production technologies. For further information visit  www.cathayindustries.com

Follow Us
Stay Updated
*
*