Kemira Oyj and Rockwood Holdings, Inc. have established a joint venture named Sachtleben, focused on producing specialty titanium dioxide pigments, enhancing their market position in the specialty chemicals industry.
Target Information
Kemira Oyj and Rockwood Holdings, Inc. have successfully completed their joint venture, creating a leading entity in the production of specialty titanium dioxide pigments. The collaboration merges Kemira's expertise in titanium dioxide with Rockwood's established business in titanium dioxide pigments and functional additives. The newly formed company, operating under the name Sachtleben, is headquartered in Duisburg, Germany, and is poised to drive innovation within the market. With pro forma revenues of approximately 560 million Euros reported for 2007, Sachtleben is strategically positioned as a key player in the industry.
Sachtleben specializes in producing titanium dioxide for a variety of applications, including the synthetic fiber, packaging ink, cosmetics, pharmaceutical, and food industries. The company is also the leading global producer of synthetic barium sulfate specialties and holds a distinguishable niche in zinc sulfide pigments. The merger benefits from the shared production processes of the two parent companies, fostering the development of specialized nanoparticles.
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Industry Overview in Germany
The titanium dioxide market in Germany is characterized by a robust demand from various sectors, including chemicals, paints, and plastics. The country boasts advanced manufacturing capabilities and extensive research and developme
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