Solvay sells Neolor® plastic coloration pigments business to refocus on high value-added segments

10-Jan-17

Solvay has completed the sale of its Neolor® business to the Baotou Hongbo Te Technology Co., Ltd. (HBT) as its Special Chem Global Business Unit (GBU) is refocusing its activities on selective high value-added segments in the growing automotive and electronics markets.

Features:

Combines heat and weather resistance, UV absorption and infra-red reflection properties
The range is available in three colors - light orange, orange and red
Has excellent heat stability, migration resistance and light stability
It’s the ideal solution for a variety of plastics, including polypropylene, polyamide, polycarbonate, polysulfide, ABS, ABS/ASA, ASA/PC, PC/PBT, ABS/PA and PU

The divestment entails all of GBU Special Chem’s Neolar® main equipment to produce Neolor® products and the exclusive use of the specially-designed equipment.
Furthermore, HBT acquires the intellectual property (IP) associated with the Neolor® business and the commercial activities, as well as its marketing know-how.