Cathay Industries Group, a Hong Kong-based manufacturer of iron oxide and chrome oxide pigments, is investing in a joint venture with chemical manufacturer Tonghua Group to build a new production plant for yellow, red and black iron oxide pigments in Tongling, Anhui Province, China.
SpeChem China, a leading exhibition for the fine and specialty chemical industry in China, will be held at the Shanghai Everbright Convention and Exhibition Center on November 18-20, 2013.
According to a report by GCiS China Strategic Research, about 463,000 tons of automotive coatings were sold to the China market in 2011, generating $2.8 billion in revenues for suppliers.