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Tuesday 19 September 2017

Venator to close two pigments manufacturing sites in US

Venator Materials PLC (VNTR), a global manufacturer and marketer of chemical products intends to close its Easton (Pennsylvania) and St Louis (Missouri) colour pigments manufacturing sites by the end of 2017.
"We have been working hard to improve the efficiency of our manufacturing network and we have successfully ramped up production at our Augusta (GA) site. Our plan ensures that the products made in these facilities will continue to be available to our valued customers and that our associates are treated fairly and with respect," said Jan Buberl, vice president of colour pigments for Venator.
"We continue to drive improvement in our Performance Additives segment and this latest milestone forms part of the $90 million business improvement plan that will be completed by the end of 2018," added Simon Turner, president and CEO of Venator.

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