September 26, 2001
Bayer Corp., Pittsburgh, announced plans to close one production line for synthetic iron oxide pigments at the company's New Martinsville, WV, manufacturing site. The line, which produces standard-grade iron oxide pigments, will be closed in early 2002. The company said it will continue to produce iron-oxide and zinc-ferrite pigments at the plant, with those grades focused primarily on high-performance paint and plastics products. Standard-grade iron-oxide products will be supplied from other Bayer sites, the company said. The action is part of a global cost-reduction program for Bayer's Coatings and Colorants business group.