Kerry Pianoforte, Associate Editor01.24.12
Generally speaking, the pigments market has shown some signs of improvement in 2011, although it still has not reached pre-recession levels. Pigment manufacturers are reporting increased demand and a positive outlook for 2012.
“In general the word of 2011 was ‘volatile’,” said Badal Shah, president, Aakash Chemical and Dye Stuffs, Inc. “The global pigments market performed well. We saw a 30 percent increase in organic pigment sales, however there were also price increases that contributed to this. We saw demand to be very strong, and an overall positive outlook, contrary to what publications and economic forecasts were telling us. With that said, we did see the trend of just in time requirements where customers were hesitant in keeping traditional inventory levels.”
In terms of production, Shah said Aakash produced more organic pigment in 2011 by volume compared to any previous year, and this was directly due to global diversification and demand grown in LATAM and Asia.
“Overall, market demand for pigments tracked economic activity within the NAFTA region,” said Ron Lee, business director, pi
“In general the word of 2011 was ‘volatile’,” said Badal Shah, president, Aakash Chemical and Dye Stuffs, Inc. “The global pigments market performed well. We saw a 30 percent increase in organic pigment sales, however there were also price increases that contributed to this. We saw demand to be very strong, and an overall positive outlook, contrary to what publications and economic forecasts were telling us. With that said, we did see the trend of just in time requirements where customers were hesitant in keeping traditional inventory levels.”
In terms of production, Shah said Aakash produced more organic pigment in 2011 by volume compared to any previous year, and this was directly due to global diversification and demand grown in LATAM and Asia.
“Overall, market demand for pigments tracked economic activity within the NAFTA region,” said Ron Lee, business director, pi
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