November 4, 2019
In line with Chromaflo’s core focus and competence, and to best serve the customer base, Chromaflo completed the simultaneous sale of the RCPI pigment trading division to Chemipol Solutions (Pty) Limited. Chemipol is a well-known and respected raw material supplier to the South African market and is ideally placed to serve the pigment trading customers.
“The acquisition of RCPI generates exciting opportunities for our customers by expanding our product portfolio and our footprint in South Africa and sub-Saharan Africa. Selling the pigment trading portion of the business to Chemipol ensures continuity for the shared customer base” said John Dry, VP & Managing Director, Asia Pacific.
James Di Blasio, CEO of Chemipol, commented, “We are extremely excited to have made the acquisition of the RCPI pigment trading business from Chromaflo. We are well placed to provide continuity to customers as well as offer more opportunities to them. We’ll be working hard to ensure customers priorities are well catered for.”
Chromaflo Technologies is a leading independent global supplier of colorant systems, chemical and pigment dispersions, serving customers in architectural and industrial coatings as well as the thermoset composites market. Headquartered in Ashtabula, Ohio, USA, Chromaflo has production facilities in the USA, Canada, The Netherlands, Finland, Australia, China, India, Malaysia, Mexico and South Africa. Sales and technical support is also provided throughout North and South America, Europe, Australia, China, India, Malaysia, Mexico and Southeast Asia. Commitment to excellence is driven by three core values: quality, speed and service. Chromaflo Technologies retains the following quality and environmental certifications: ISO 9001, ISO 14001 and OHSAS-18001 in the Americas, Europe and Asia.
Chemipol Solutions is part of the Speed Bird Group of companies which recently sold its dispersion business (Liquid Colours) to Chromaflo. Following the success of the transaction, both companies are confident of a smooth transition of the RCPI pigment trading business to Chemipol.