Bayer Corporation Sells High-Performance Organic Pigment Business to Sun Chemical Corporation
Bayer Corporation today announced the sale of Bayer Polymers LLC's high-performance organic pigment business to Sun Chemical Corporation.
The sale, which includes the high-performance organic pigment manufacturing and wastewater treatment facilities at Bayer's Bushy Park site in South Carolina, was completed on Jan. 31. Terms were not disclosed.
The high-performance organic pigment products acquired by Sun Chemical in the acquisition are used in automotive coatings, industrial and architectural coatings, as well as plastics, fabric and fiber coloring. The products include Indofast carbazole violet, Perrindo perylene, Quindo quinacridone and Palomar pthalocyanine pigments. Approximately 140 Bayer employees will be transferred to Sun Chemical's Performance Pigments Group.
Bayer will continue to produce and market other colorants including Macrolex dyes, Pigment Yellow 150 and Bayferrox iron oxide pigments. Bayer's organic pigments producedin Lerma, Mexico, and Leverkusen, Germany, are also not included in the sale.
At the Bushy Park facility, located 25 miles northeast of Charleston, S.C., Bayer produces dyestuffs and specialty colorants for the textile and paper industries; organic intermediates; and DorlastanÒ spandex fibers used in the sportswear and textile industries.
Sun Chemical will become the third non-Bayer tenant at the Bushy Park site. Other companies with operations there include Haarmann & Reimer, a New Jersey general partnership which produces synthetic menthols for flavorings and personal care products, aroma esters used in perfumes and sunscreen agents for cosmetics, and Agfa Corporation, which produces photographic film products.
Other news from the department business & finance
These products might interest you
Dursan by SilcoTek
Innovative coating revolutionizes LC analysis
Stainless steel components with the performance of PEEK - inert, robust and cost-effective
OCA 200 by DataPhysics
Using contact angle meter to comprehensively characterise wetting behaviour, solids, and liquids
With its intuitive software and as a modular system, the OCA 200 answers to all customers’ needs
Tailor-made products for specific applications by IPC Process Center
Granulates and pellets - we develop and manufacture the perfect solution for you
Agglomeration of powders, pelletising of powders and fluids, coating with melts and polymers
