General | 12-Jun-2020
Leading global iron oxide pigment manufacturer Cathay Industries is set to expand its manufacturing footprint in South East Asia to meet increasing demand for its world class Iron Oxide Pigment technology.
Cathay Industries Group CEO Mr. Terence Yu, said, “Increased requirement for our high quality, sustainable iron oxide pigments in the coating, plastic and construction industries, has facilitated a review of our manufacturing capacity.”
Mr. Yu said, “With advancements to our proven iron oxide production technology, we will break new ground with a new manufacturing facility located South East Asia, exceeding the highest environmental standards, providing the long-term sustainable supply the market is requesting from us, and we expect to commission the new facility during 2021.
The expansion supports the Cathay Group’s global growth strategy, particularly the consistent growth of its high-quality CATHAYCOAT™, CATHAYTHERM™, FERROTINT™, CATHAYGRAN™ product range, which already provides advanced and sustainable solutions in the highly technical and demanding coating, plastic and construction markets.