Bayer organic pigments business sold
The Bayer Polymers high-performance organic pigment business has been sold to Sun Chemical Corporation (Fort Lee, N...
February 10, 2003 by Canadian Plastics
The Bayer Polymers high-performance organic pigment business has been sold to Sun Chemical Corporation (Fort Lee, NJ).
The high-performance products acquired by Sun Chemical in the deal are used in automotive coatings, industrial and architectural coatings, as well as plastics, fabric and fiber coloring. They include Indofast(R) carbazole violet, Perrindo(R) perylene, Quindo(R) quinacridone and Palomar(R) pthalocyanine pigments.
Bayer (Pittsburgh, PA)will continue to produce and market other colorants including Macrolex(R) dyes, Pigment Yellow 150 and Bayferrox(R) iron oxide pigments.
The sale includes the high-performance organic pigment manufacturing and wastewater treatment facilities at Bayer’s Bushy Park site in South Carolina. Terms were not disclosed. Approximately 140 Bayer employees will be transferred to Sun Chemical’s Performance Pigments Group.
Bayer’s organic pigments produced in Lerma, Mexico, and Leverkusen, Germany, are also not included in the sale.