Company History
CATHAY INDUSTRIES was founded in 1979 under the name Advanced Chemicals Limited. We began as a trading firm, but in just five years we grew large enough to launch our manufacturing business. Over time we became well-known experts in iron oxide pigments and our business took off even more. In 1997 the company was renamed CATHAY PIGMENTS, and then 30 years after our start-up, we became CATHAY INDUSTRIES, adopting a name that represents our status as one of the top three iron oxides manufacturers in the world.
| 1979 | Trading – Originated with Advanced Chemicals Ltd. (ACL) |
| 1984 | Entered into manufacturing |
| 1997 | Cathay Pigments established |
| 1998 | Expansion of global businesses through acquisitions in USA, Europe, South Africa and Australia |
| 2002 | Investment in iron oxide for coatings application – Yixing (Jiangsu, China) |
| 2006 | Acquisition of High Purity plant in Valparaiso, Indiana, USA |
| 2008 | Cathay Pigments changed its company name to CATHAY INDUSTRIES |
| 2014 | Commissioned first phase of 150kt production in Tongling (Anhui, China) Capacity expansion of pigment finishing in Yixing (Jiangsu, China) |
| 2015 | Commissioned production of spray-dried granules in Tongling (Anhui, China) |
| 2017 | Acquisition of Hoover Color Corporation, Hiwassee, Virginia, USA |