Lily Clariant will build a world-class organic pigment device

Recently, Clariant and its partner Zhejiang Baihe Chemical Holding Group jointly announced that they will add Hangzhou Baihe Clariant Pigments Co. LTD, a joint venture between the two companies. Investing to add a world-class Quinacridone specialty organic pigments production facility to expand the size of the joint venture. The new production facility will be built at Lily Clariant in Hangzhou, Zhejiang Province, China. Mr. Okke Koo, head of the company’s pigments and additives department, told SpecialChem: “The further investment plan for Lily Clariant is mainly to help the company build a world-scale production facility for quinacridone pigments. Increase the joint venture's market position in high-end high-performance organic pigments, while new production facilities are also built to meet the growing consumer demand of the Organic Pigment market, and in the future we will be able to provide local and global customers in China. More high-performance pigment products to meet customer needs.”

Mr. Chen Lirong, the president of Zhejiang Lily Chemical Holding Group, also discussed his own ideas. He said: "Lily Chemicals and Clariant have established a very successful cooperation model, which also laid a solid foundation for future cooperation between both parties. Both sides have seen that there is a certain market gap in the global high-end organic pigment market, and with As time goes by, this market demand will continue to increase, so we decided to build a new set of world-class quinacridone-based special organic pigment production equipment for joint ventures of both parties, and Clariant will use its global Many years of successful experience in the market, responsible for product market operations."

The global demand for quinacridone pigments is increasing year by year. At present, there is a certain market space for the demand for pigments, including building materials, automobile manufacturing, and industrial processing, which need to involve the printing of plastics, coatings, and inks. The Hangzhou Lily Clariant Pigment Company's plan to build high-performance organic pigments will play a role in alleviating the supply of pigments in China in the future. At the same time, Lily and Clariant are jointly investing in additional investments, which is also very timely.