{"id":3529,"date":"2015-12-10T13:18:56","date_gmt":"2015-12-10T18:18:56","guid":{"rendered":"https:\/\/www.ulprospector.com\/knowledge\/?p=3529"},"modified":"2015-12-21T11:14:58","modified_gmt":"2015-12-21T16:14:58","slug":"press-release-the-global-pigments-industry-in-transition-turning-challenges-into-sustainable-value-creation","status":"publish","type":"post","link":"https:\/\/ulprospector.ul.com\/3529\/press-release-the-global-pigments-industry-in-transition-turning-challenges-into-sustainable-value-creation\/","title":{"rendered":"Press Release: The global pigments industry in transition \u2013 Turning challenges into sustainable value creation"},"content":{"rendered":"<p>LANXESS Pigments Symposium 2015 in Shanghai, China<\/p>\n<p><strong><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-3570\" src=\"https:\/\/ulprospector.ul.com\/media\/2015\/12\/Symposium1.jpg\" alt=\"Symposium1\" width=\"400\" height=\"267\" srcset=\"https:\/\/ulprospector.ul.com\/wp-content\/uploads\/2015\/12\/Symposium1.jpg 400w, https:\/\/ulprospector.ul.com\/wp-content\/uploads\/2015\/12\/Symposium1-300x200.jpg 300w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/>Cologne<\/strong> \u2013 LANXESS, the world\u2019s leading manufacturer of synthetic iron oxide pigments, held its second LANXESS Pigments Symposium in Shanghai, China, on November 19, 2015. The topic this year was, \u201cThe global pigments industry in transition \u2013 Turning challenges into sustainable value creation,\u201d and the Inorganic Pigments business unit (IPG) again provided worldwide experts and users with a discussion platform for learning more about current developments and future challenges in the pigments industry.<\/p>\n<p>Issues such as the continued implementation of progressive environmental regulations in China, the simultaneous advancement of consolidation in the global pigments industry, and new challenges facing the paints and coatings industry, were the subject of animated discussion. Over 150 international participants, including customers and sales partners, as well as representatives of government, professional associations and the media, responded to LANXESS\u2019 invitation to join in this dialogue.<\/p>\n<p>China is both the largest sales market and the largest production center for inorganic iron oxide pigments worldwide. The country\u2019s economy is in a restructuring phase, which is also greatly affecting the pigment industry. \u201cRising environmental regulations are forcing numerous Chinese manufacturers to close down their manufacturing plants. However, despite temporary, localized downturns, global demand for inorganic pigments is on the rise, due in part to expanding urbanization. This development has far-reaching consequences for the global paints and coatings industry,\u201d explained Rafael Suchan, head of LANXESS pigments business in the Asia\/Pacific region, at the symposium.<\/p>\n<p>Representatives of the Chinese authorities agreed that consolidation will continue in the pigment industry. It is more than evident from China\u2019s 13th five-year plan and its influence on the paints and coatings industry that iron oxide pigment manufacturers can only operate successfully in China in the future if they comply with strict environmental laws. The national development concept clearly defines the goal of fundamentally improving the quality of life by 2020 by dramatically reducing environmental pollution. For the pigment industry, this means that all pigment-producing plants, without exception, are required to meet high environmental standards based on extensive risk assessments and reviews.<\/p>\n<p>Government representatives further discussed the impacts of China\u2019s new environmental legislation: Companies will be subject to drastic sanctions if they fail to comply with the new guidelines. In 2014 alone, the number of prosecuted environmental offenses tripled compared to the year before. Furthermore, the number of pigment manufacturers with an annual capacity of less than 10,000 metric tons will continue to decline as a result of the new legislation. The government\u2019s goal is to promote further industrial consolidation. In the end, only a few iron oxide manufactures with sustainable production facilities and increased capacities will remain on the Chinese market.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-3572\" src=\"https:\/\/ulprospector.ul.com\/media\/2015\/12\/Symposium_Hellwig.jpg\" alt=\"Symposium_Hellwig\" width=\"400\" height=\"266\" srcset=\"https:\/\/ulprospector.ul.com\/wp-content\/uploads\/2015\/12\/Symposium_Hellwig.jpg 400w, https:\/\/ulprospector.ul.com\/wp-content\/uploads\/2015\/12\/Symposium_Hellwig-300x200.jpg 300w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/>J\u00f6rg Hellwig, head of LANXESS\u2019 Inorganic Pigments business unit, explained that technological advancements and optimized manufacturing processes are of critical importance to achieving this goal. \u201cDevelopments in China leave no doubt that investments, technical expertise and new process solutions are an integral part of any business model geared to long-term success, and imperative for the advancement of our industry.\u201d Hellwig explained how they can be implemented based on the example of the new Ningbo process, which was engineered by LANXESS specifically for the environmentally compatible production of red pigments in China and will be used at its new production site in Ningbo. \u201cIn contrast to the conventional Penniman red process common today in China, this new technology dramatically reduces waste gas emissions and includes a very efficient treatment system for the process water, which uses biological denitrification, ultrafiltration and reverse osmosis so effectively that nearly all of the water can be returned to the process.\u201d<\/p>\n<p>Norbert Mahr, Director of Global Procurement Inorganics at BASF SE, explained at the LANXESS Pigments Symposium how sustainable procurement management can help to combine economic and ecological objectives: \u201cSustainability in procurement also means considering not just the economic factors, but also the important aspects of environmental protection, social responsibility and compliance with governmental regulations, and if necessary working with our suppliers on improvements.\u201d BASF therefore has joined forces with other companies, including LANXESS, in the Together for Sustainability (TfS) initiative. The goal of this initiative is to develop a global program for the responsible procurement of goods and services and for improving ecological and social standards at suppliers.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-3573\" src=\"https:\/\/ulprospector.ul.com\/media\/2015\/12\/Symposium_Panel-discussion.jpg\" alt=\"Symposium_Panel-discussion\" width=\"400\" height=\"266\" srcset=\"https:\/\/ulprospector.ul.com\/wp-content\/uploads\/2015\/12\/Symposium_Panel-discussion.jpg 400w, https:\/\/ulprospector.ul.com\/wp-content\/uploads\/2015\/12\/Symposium_Panel-discussion-300x200.jpg 300w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/>During the concluding podium discussion, Dennis Scholz, general manager of Harold Scholz &amp; Co. GmbH, Clifford Schoff, Schoff Associates, Hao Li, general manager of HCA Consulting China, and Christian Wolfrum, project manager for Boston Consulting Group, discussed current market developments, challenges, innovations and megatrends in the coatings industry.<\/p>\n<p>Like the kickoff event in 2013, this year\u2019s symposium had the character of a high-level scientific exchange, giving guests an opportunity to talk extensively with industry experts and colleagues specialized in various areas. \u201cThe very positive response we received from participants and speakers encourages us to continue holding this event on a regular basis,\u201d Hellwig said, and announced that the next LANXESS Pigments Symposium is scheduled to be held in North America in 2017.<\/p>\n<p>LANXESS is a leading specialty chemicals company with sales of EUR\u00a08.0 billion in 2014 and about 16,300 employees in 29 countries. The company is currently represented at 52 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals. LANXESS is a member of the leading sustainability indices Dow Jones Sustainability Index (DJSI World) and FTSE4Good.<\/p>\n<h3>Forward-Looking Statements<\/h3>\n<p>This news release may contain forward-looking statements based on current assumptions and forecasts made by LANXESS AG management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.<\/p>\n<h3>Information for editors:<\/h3>\n<p>All LANXESS news releases and their accompanying photos can be found at http:\/\/press.lanxess.com. Recent photos of the Board of Management and other LANXESS image material are available at http:\/\/fotos.lanxess.de. The latest TV footage, audiofiles and podcasts can be found at http:\/\/multimedia.lanxess.com.<\/p>\n<p>You can find further information concerning LANXESS chemistry in our WebMagazine at http:\/\/webmagazin.lanxess.com.<\/p>\n<p>Follow us on <a href=\"http:\/\/www.twitter.com\/lanxess_deu\" target=\"_blank\">Twitter<\/a>, <a href=\"http:\/\/www.facebook.com\/LANXESS\" target=\"_blank\">Facebook<\/a>, <a href=\"http:\/\/www.instagram.com\/lanxess\" target=\"_blank\">Instagram<\/a>, <a href=\"http:\/\/www.linkedin.com\/company\/lanxess\" target=\"_blank\">LinkedIn<\/a>, YouTube and Xing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LANXESS Pigments Symposium 2015 in Shanghai, China Cologne \u2013 LANXESS, the world\u2019s leading manufacturer of synthetic iron oxide pigments, held its second LANXESS Pigments Symposium in Shanghai, China, on November 19, 2015. The topic this year was, \u201cThe global pigments &hellip; <a href=\"https:\/\/ulprospector.ul.com\/3529\/press-release-the-global-pigments-industry-in-transition-turning-challenges-into-sustainable-value-creation\/\">Continued<\/a><\/p>\n","protected":false},"author":20,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","itunes_episode_number":"","itunes_title":"","itunes_season_number":"","itunes_episode_type":"","footnotes":""},"categories":[50],"tags":[],"ppma_author":[1237],"class_list":{"0":"post-3529","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-supplier-news","7":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Press Release: The global pigments industry in transition \u2013 Turning challenges into sustainable value creation - Prospector Knowledge Center<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ulprospector.ul.com\/3529\/press-release-the-global-pigments-industry-in-transition-turning-challenges-into-sustainable-value-creation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Press Release: The global pigments industry in transition \u2013 Turning challenges into sustainable value creation - Prospector Knowledge Center\" \/>\n<meta property=\"og:description\" content=\"LANXESS Pigments Symposium 2015 in Shanghai, China Cologne \u2013 LANXESS, the world\u2019s leading manufacturer of synthetic iron oxide pigments, held its second LANXESS Pigments Symposium in Shanghai, China, on November 19, 2015. 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