• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Exclusives
    • Top Companies
    • Printing Inks
    • Raw Materials
    • Equipment
    • Directories
    • Events
    • Jobs
    • More
  • Magazine
  • News
  • Exclusives
  • Top Companies
  • Printing Inks
  • Raw Materials
  • Equipment
  • Directories
  • Events
  • Jobs
  • Current / Back Issues
    Features
    Columns
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    eBook
    Top Features
    Jim Kochanny, INX International Ink Co.

    Neil Hersh - ECKART America

    The Packaging Ink Market in 2023

    Sustainability and the Ink Industry

    Industry is Looking Forward to the 2023 European Coatings Show
    Breaking News
    Distributor News
    Financial News
    Industry News
    Ink Manufacturers News
    Market Research
    Mergers and Acquisitions
    New Products
    Personnel
    Price Increases
    Printers News
    Suppliers News
    Live From Shows
    Video Bites
    Top News
    DuPont Artistri Inks Expands Pigment Inks Portfolio at ITMA 2023

    Toyochem Constructs New Pilot Facility for High-Performance Polymers

    UFlex Reports Unaudited 4Q, Full Year 2023 Results

    Weekly Recap: INX Digital, hubergroup and HP Top This Week’s Stories

    Mactac Acquires Canadian Roll Label Distributor Label Supply
    Whitepapers
    Glossary
    Top North American Companies
    Top International Companies
    Conductive Inks and Printed Electronics
    Graphic Arts Coatings
    Inkjet Inks and Toners
    Marking and Pad Printing Inks
    News Inks
    Packaging Flexo Inks
    Packaging Gravure Inks
    Publication Gravure Inks
    Publication Offset Inks
    Screen Inks
    Sheetfed Inks
    Specialty Inks
    UV and EB Inks

    DuPont Artistri Inks Expands Pigment Inks Portfolio at ITMA 2023

    UFlex Reports Unaudited 4Q, Full Year 2023 Results

    Roland DGA Announces Key Service Department Personnel Changes

    Videojet Introduces Two New Non-CMR Inks for Food and Beverage Packaging

    Kodak Acquires Graphic Systems Services Inc.
    Additives
    Energy-Curable Materials
    Flushed Colors and Pigments
    Metallics and Special Effects Pigments
    Resins
    Vehicles and Varnishes
    Waxes

    Active Minerals International Announces Price Increase

    Evonik: Weak Economy Characterizes Difficult 1Q 2023

    Neil Hersh - ECKART America

    Brilliant Group Adds Mike Oberski, Alex Gerasimov

    TrustChem USA Appoints Michele Claeson VP of Sales
    Energy-Curing Equipment
    Mills and Mixers
    Testing, Color and QC

    IM GROUP Gathers Best Industrial Tinting System for 10th Year in a Row

    Ross Offers Large Scale Condensate Receiver Tanks, Other Pressure Vessels

    ROSS V Cone Tumble Blenders Set for High Accuracy Mixtures

    Phoseon to Show Latest UV LED Curing Systems at Labelexpo Mexico

    Dr. Gregory Pace Joins RadTech
    Buyers Guide
    Distributor Guide
    European Ink Directory
    U.S. Ink Directory
    International Buyers Guide Companies
    ALVAR Inc. /ALVAR Resins, Inc

    Hockmeyer Equipment Corp.

    Microtrac MRB, part of Verder Scientific

    Shin Etsu Silicones of America

    Brilliant Group, Inc.
    Industry Events
    Live from Show Event
    Webinars
    • Magazine
      • Current / Back Issues
      • Features
      • Editorial
      • Columns
      • Digital Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Directory
      • Buyers Guide
      • Distributor Guide
      • European Ink Directory
      • U.S. Ink Directory
      • Trade Associations
    • Printing Inks
      • Conductive Inks and Printed Electronics
      • Graphic Arts Coatings
      • Inkjet Inks and Toners
      • Marking and Pad Printing Inks
      • News Inks
      • Packaging Flexo Inks
      • Packaging Gravure Inks
      • Publication Gravure Inks
      • Publication Offset Inks
      • Screen Inks
      • Sheetfed Inks
      • Specialty Inks
      • UV and EB Inks
    • Raw Materials
      • Additives
      • Energy-Curable Materials
      • Flushed Colors and Pigments
      • Metallics and Special Effects Pigments
      • Resins
      • Vehicles and Varnishes
      • Waxes
    • Equipment
      • Energy-Curing Equipment
      • Mills and Mixers
      • Testing, Color and QC
    • Top Companies
      • Top North American Companies
      • Top International Companies
    • Glossary
    • Online Exclusives
    • Slideshows
    • Expert's Opinion
    • Videos
    • Podcasts
    • eBook
    • Blog
    • Infographics
    • Whitepapers
    • Jobs
    • Supplier Microsites
      • Companies
      • Literature / Brochures
      • Whitepapers
      • Product Spec Sheets
      • Videos
      • Jobs
    • Events
      • Industry Events
      • Live From Show Events
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Blog

    The Pigment Industry's Changing Landscape

    Major acquisitions by Heubach (Clariant Pigments), DIC (BASF Color & Effects) are latest changes to the evolving world of pigments.

    The Pigment Industry
    David Savastano, Editor06.24.21
    In the last few weeks, we saw two huge announcements regarding the pigment industry. First, DIC Corporation, parent company of Sun Chemical, expects its acquisition of BASF Colors & Effects to be completed by June 30, 2021. The acquisition was first announced back in 2019; the purchase price was €1.15 billion $1.34 billion). DIC reported that BASF Colors & Effects sales were approximately €1 billion ($1.2 billion) in 2018, with a corresponding EBIDTA of €120 million. At the time of the merger, BASF Colors & Effects had 11 facilities and 2,600 employees.

    The second announcement was that Heubach Group, in partnership with SK Capital, had acquired acquire Clariant’s Pigments Business. The combined business will operate under the Heubach name, creating a global pigments leader generating more than €900 million ($1.09 billion) in annual sales. Closing of the transaction is subject to customary conditions and approvals and is expected to take place in the first half of 2022.

    The transaction values Clariant Pigments at approximately CHF 805 million ($900 million). Clariant will be reinvesting for a minority stake in the combined business. Interestingly, Heubach is the smaller company, with four production locations and approximately 1,000 employees. Clariant Pigments has 13 worldwide production sites and approximately 1,900 employees.

    Estimates place the global market for pigments at roughly $20 billion, and Smithers Rapra has the demand for high-performance pigments at $7.6 billion in its report, “The Future of High-Performance Pigments to 2025.” Pigments are a big industry.

    All of this set me to thinking about the changes we have seen in the pigment industry over the past two decades. I joined Ink World in June 1998. DIC/Sun Chemical, BASF, Clariant and Heubach were four of the largest pigment manufacturers around at the time. There was still a lot of pigment production in the US and Europe at the time; the Asia-Pacific region was growing fast and is the largest producer of pigments today.

    Looking back at the Ink World Buyers’ Guide from 2000, there were many more companies in the pigment industry, and many of these long-time industry leaders are no around.

    There were a bunch of smaller companies back then that are no longer part of the landscape, incuding General Press Colors, Magruder Color, Max Marx and Daicolor Pope, among others.

    There are pigment companies that are still around, but in a different form. The best example I can think of was CDR Pigments & Dispersions. That would eventually be renamed Flint Group Pigments, which now is a captive seller. Dominion Colour and Lansco recently came together to form DCL.

    There were also sizable pigment companies that were acquired years ago. Perhaps the most notable is Ciba Specialty Chemicals (bought by BASF back in 2008). BASF also bought Engelhard back in 2006.

    The two mergers this year are particularly noteworthy as BASF and Clariant were two of the largest pigment companies worldwide, and have been so for a long time. Both companies were looking to divest on order to focus on their respective core businesses, of which pigments no longer were considered.

    At the end of the day, this is the most sizable shakeup and consolidation we have seen in the pigment industry, creating two large pigment companies. Still, the industry remains fairly fragmented, as there are numerous suppliers in the Asia-Pacific region, particularly in China and India. What the impacts are remain to be seen.
    Related Searches
    • Flushed Colors and Pigments
    Related Knowledge Center
    • Flushed Colors and Pigments
    Suggested For You
    Pigments and Sustainability in the Ink Industry Pigments and Sustainability in the Ink Industry
    Spectrum Dyes & Pigments Inc. Spectrum Dyes & Pigments Inc.
    United Mineral & Chemical Corp. United Mineral & Chemical Corp.
    Solvay Solvay
    C. Withington Co. Inc. C. Withington Co. Inc.
    Huhtamaki Receives EcoVadis Gold Medal for Sustainability Performance in 2021 Huhtamaki Receives EcoVadis Gold Medal for Sustainability Performance in 2021
    Quad Names Kris Persons SVP of Direct Marketing Quad Names Kris Persons SVP of Direct Marketing
    Xerox Promotes Deena LaMarque Piquion to Chief Marketing Officer Xerox Promotes Deena LaMarque Piquion to Chief Marketing Officer
    Roland DGA Announces Launch of New VersaUV LEC2 S-Series UV Flatbed Printers Roland DGA Announces Launch of New VersaUV LEC2 S-Series UV Flatbed Printers
    Sun Chemical to Increase Prices on Inks, Coatings, and Adhesives in North America Sun Chemical to Increase Prices on Inks, Coatings, and Adhesives in North America
    Kornit Digital Announces Environmental, Sustainability Goals Kornit Digital Announces Environmental, Sustainability Goals
    IMCD US Pays Tribute to First Responders for the 20th Anniversary of 9/11 IMCD US Pays Tribute to First Responders for the 20th Anniversary of 9/11
    Meteor Inkjet Celebrates Growth with Significant Expansion of Facilitites Meteor Inkjet Celebrates Growth with Significant Expansion of Facilitites
    EFI Reggiani Launches Fastest High-Quality Scanning Digital Textile Printer EFI Reggiani Launches Fastest High-Quality Scanning Digital Textile Printer
    Demand for Sustainable Print Technologies Creates New Opportunities Demand for Sustainable Print Technologies Creates New Opportunities

    Related Online Exclusives

    • Flushed Colors and Pigments | Suppliers News | Sustainability
      Pigments and Sustainability in the Ink Industry

      Pigments and Sustainability in the Ink Industry

      Pigment industry executives discuss how pigments play a role in the ink industry's drive for sustainability.
      David Savastano, Editor 01.18.23

    • Spectrum Dyes & Pigments Inc.

      ...
      Amit Chowdhari, President 09.01.22

    • United Mineral & Chemical Corp.

      ...
      Phil Befumo, President 08.09.22


    • Solvay

      Solvay

      ...
      Sel Avci, Marketing Director 08.03.22

    • C. Withington Co. Inc.

      ...
      C. Withington Co. Inc., C. Withington Co. Inc. 07.27.22

    Loading, Please Wait..
    Trending
    • DuPont Artistri Inks Expands Pigment Inks Portfolio At ITMA 2023
    • WestRock Advances Its Commitment To A Sustainable Future
    • Toyochem Constructs New Pilot Facility For High-Performance Polymers
    • Videojet Introduces Two New Non-CMR Inks For Food And Beverage Packaging
    • Weekly Recap: INX Digital, Hubergroup And HP Top This Week’s Stories
    Breaking News
    • DuPont Artistri Inks Expands Pigment Inks Portfolio at ITMA 2023
    • Toyochem Constructs New Pilot Facility for High-Performance Polymers
    • UFlex Reports Unaudited 4Q, Full Year 2023 Results
    • Weekly Recap: INX Digital, hubergroup and HP Top This Week’s Stories
    • Mactac Acquires Canadian Roll Label Distributor Label Supply
    View Breaking News >
    CURRENT ISSUE

    April 2023

    • The Packaging Ink Market in 2023
    • Sustainability and the Ink Industry
    • Energy-Curable Ink Market Continues to Grow
    • The 2023 Resin Report
    • Arriving Soon: The EU's New Dawn for Industry
    • Industry is Looking Forward to the 2023 European Coatings Show
    • Videojet Makes Its Mark in Coding Solutions
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    SmartyPants Vitamins Launches New Line of Gelatin-Free Multivitamin Gummies
    Flavanol Deficiency Linked to Age-Related Memory Decline: COSMOS-Web Study
    AHPA to Attend CITES Plants Committee Meeting in Geneva
    Coatings World

    Latest Breaking News From Coatings World

    PPG Opens $30-Million Battery Pack Application Center in China
    Fact.MR: Steel Pipe Coatings Market To Hit $14.0 Billion By 2033
    Omya Extends Lightweight Fillers Portfolio with the Acquisition of Bublon
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    Microbot receives Grant for Endovascular Surgical Robot System
    Recall of Abiomed's Impella 5.5 with SmartAssist is Class I
    New FDA Nod Boosts Philips, Masimo Partnership
    Contract Pharma

    Latest Breaking News From Contract Pharma

    KBI Biopharma Unveils KBI PUREplatform
    AGC Biologics Introduces AGCellerate to Deliver IND-Ready GMP Material
    Element Creates New Lab Solutions Division
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    Fasten Wins Gold at German Innovation Awards
    Attitude Expands Oceanly Makeup Collection
    L'Oréal Leads Funding Round for Biotech Company, Debut
    Happi

    Latest Breaking News From Happi

    Skylar’s ‘Boardwalk Delight’ Eau de Parfum Launches to Record Success at Sephora
    Register for the IBA Cocktail Reception in Las Vegas During Cosmoprof North America
    Amyris Announces Transformation Program
    Ink World

    Latest Breaking News From Ink World

    DuPont Artistri Inks Expands Pigment Inks Portfolio at ITMA 2023
    Toyochem Constructs New Pilot Facility for High-Performance Polymers
    UFlex Reports Unaudited 4Q, Full Year 2023 Results
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    Baldwin to exhibit 'Complete Quality Control Solutions' at High Security Printing Latin America
    Label Source acquires division of OMNI Systems
    Vetaphone demos ‘M’ corona treater at Mark Andy showroom
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Maxcess International Opens New Facility in Mumbai
    emtec Showcases Groundbreaking Achievement in Haptic Measurement
    Hollingworth & Vose Joins United Nations Global Compact initiative
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    Orthonika Receives Grant for Total Meniscus Replacement
    Treace to Buy RPM-3D Tech for Up to $30 Million
    Former BD, J&J Executives Join Acuitive Technologies Board
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    Schreiner Group Receives Three FINAT Awards
    MClimate Releases Maintenance-Free CO2 Display
    Blackstone Completes Acquisition of Majority Stake of Copeland

    Copyright © 2023 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login