Kerry Pianoforte08.15.11
The market for high performance pigments (HPP) and special effect pigments has continued to rebound from the recent economic downturn. HPP and special effect pigment manufacturers Coatings World interviewed reported mostly modest growth in 2011.
“We saw the high performance and special effect pigments rebound in 2010 from the worldwide crisis of 2009, but we have not yet seen pre-recession levels,” said Mehran Yazdani, vice president, marketing, performance pigments, Sun Chemical. “We continue to see an upswing in the high performance and special effect pigments markets during the first and second quarters of 2011.”
“The key challenge we face to maintain this growth are the costs of raw materials,” he added. “Due to the supply rationalization that occurred during the downturn, and the increased costs of environmental and regulatory compliance, we have seen significant cost increases of the raw materials that we use to manufacture our pigments. Despite this hurdle, we expect further growth in 2011 and beyond.”
JDSU reported that effect pigments grew in the last 12 months as a result of improve
“We saw the high performance and special effect pigments rebound in 2010 from the worldwide crisis of 2009, but we have not yet seen pre-recession levels,” said Mehran Yazdani, vice president, marketing, performance pigments, Sun Chemical. “We continue to see an upswing in the high performance and special effect pigments markets during the first and second quarters of 2011.”
“The key challenge we face to maintain this growth are the costs of raw materials,” he added. “Due to the supply rationalization that occurred during the downturn, and the increased costs of environmental and regulatory compliance, we have seen significant cost increases of the raw materials that we use to manufacture our pigments. Despite this hurdle, we expect further growth in 2011 and beyond.”
JDSU reported that effect pigments grew in the last 12 months as a result of improve
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