Industry News, Mergers and Acquisitions, Suppliers News

Sun Chemical Acquires High-Purity Oxides Business of Cathay Industries

Terms of the transaction were not disclosed. 

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By: Anthony Locicero

Copy editor, New York Post

Sun Chemical and its parent company, DIC Corporation, acquired the high-purity iron oxides business of Cathay Industries, located in Valparaiso, IN.   The purchase includes the customers, property and all assets related to the business located at the Valparaiso site.    “This acquisition further demonstrates Sun Chemical and DIC’s commitment to be the leading and most innovative color and effects supplier to the global cosmetics market,” said Myron Petruch, DIC executive officer and presiden...

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